NOT LISTED FOR SALE

74 Hobart Ave Summit, NJ 07901

Estimated Value: $2,267,253 - $2,767,000

-- Bed
-- Bath
3,289 Sq Ft
$740/Sq Ft Est. Value

About This Home

This home is located at 74 Hobart Ave, Summit, NJ 07901 and is currently estimated at $2,433,813, approximately $739 per square foot. 74 Hobart Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 26, 2013
Sold by
Bobba Bharani P and Bobba Anita G
Bought by
Bobba Bharani P and Bobba Anita G
Current Estimated Value
$2,433,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
2.59%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 17, 2012
Sold by
Bobba Bharani P
Bought by
Bobba Bharani and Bobba Anita-Gullapalli,R

Purchase Details

Closed on
Oct 19, 2006
Sold by
Boyd Barbara A
Bought by
Bobba Bharani P and Bobba Anita G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$970,000
Interest Rate
6.33%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Bobba Bharani P -- None Available
Bobba Bharani -- --
Bobba Bharani P $1,109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bobba Bharani P $1,000,000
Previous Owner Bobba Bharani P $970,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $30,209 $693,500 $217,000 $476,500
2024 $30,008 $693,500 $217,000 $476,500
2023 $30,008 $693,500 $217,000 $476,500
2022 $29,176 $681,200 $217,000 $464,200
2021 $29,407 $681,200 $217,000 $464,200
2020 $29,700 $681,200 $217,000 $464,200
2019 $29,734 $681,200 $217,000 $464,200
2018 $28,342 $653,500 $217,000 $436,500
2017 $28,525 $653,500 $217,000 $436,500
2016 $28,107 $653,500 $217,000 $436,500
2015 $27,558 $653,500 $217,000 $436,500
2014 $26,846 $653,500 $217,000 $436,500
Source: Public Records

Map

New Jersey Union County Summit 07901

74 Hobart Ave, Summit, NJ

This home is located at 74 Hobart Ave, Summit, NJ 07901 and is currently estimated at $2,433,813, approximately $739 per square foot. 74 Hobart Ave is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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