NOT LISTED FOR SALE

81 Hobart Ave Summit, NJ 07901

Estimated Value: $3,752,000 - $4,837,000

-- Bed
-- Bath
6,316 Sq Ft
$707/Sq Ft Est. Value

About This Home

This home is located at 81 Hobart Ave, Summit, NJ 07901 and is currently estimated at $4,464,423, approximately $706 per square foot. 81 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
May 20, 1988
Bought by
Lam Shau-Wai and Lam Marie W
Current Estimated Value
$4,464,423
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lam Shau-Wai $865,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Shau Wai $3,300,000
Closed Lam Shau Wai $1,200,000
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 $50,329 $1,155,400 $517,600 $637,800
2024 $49,994 $1,155,400 $517,600 $637,800
2023 $49,994 $1,155,400 $517,600 $637,800
2022 $49,486 $1,155,400 $517,600 $637,800
2021 $49,879 $1,155,400 $517,600 $637,800
2020 $50,375 $1,155,400 $517,600 $637,800
2019 $50,433 $1,155,400 $517,600 $637,800
2018 $50,110 $1,155,400 $517,600 $637,800
2017 $50,433 $1,155,400 $517,600 $637,800
2016 $49,694 $1,155,400 $517,600 $637,800
2015 $48,723 $1,155,400 $517,600 $637,800
2014 $47,464 $1,155,400 $517,600 $637,800
Source: Public Records

Map

New Jersey Union County Summit 07901

81 Hobart Ave, Summit, NJ

This home is located at 81 Hobart Ave, Summit, NJ 07901 and is currently estimated at $4,464,423, approximately $706 per square foot. 81 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes