NOT LISTED FOR SALE

97 Hobart Ave Summit, NJ 07901

Estimated Value: $4,430,579 - $4,656,000

6 Beds
7 Baths
5,627 Sq Ft
$810/Sq Ft Est. Value

About This Home

This home is located at 97 Hobart Ave, Summit, NJ 07901 and is currently estimated at $4,558,193, approximately $810 per square foot. 97 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 8, 2019
Sold by
Hayward Scott and Hayward Christine
Bought by
Dean Henry and Henry Suzanne
Current Estimated Value
$4,558,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,328,000
Outstanding Balance
$2,042,626
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$2,515,567

Purchase Details

Closed on
Jan 23, 2004
Sold by
Barry Jack
Bought by
Hayward Scott and Hayward Christine

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
5.8%

Purchase Details

Closed on
Jun 16, 1994
Sold by
Profeta Paul V and Profeta Lori
Bought by
Barry Jack and Barry Jennifer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Dean Henry $2,910,000 A Absolute Settlement Co Inc
Hayward Scott $2,262,000 --
Barry Jack $780,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dean Henry $2,328,000
Previous Owner Hayward Scott $1,000,000
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 $56,506 $1,297,200 $425,800 $871,400
2024 $56,130 $1,297,200 $425,800 $871,400
2023 $56,130 $1,297,200 $425,800 $871,400
2022 $55,559 $1,297,200 $425,800 $871,400
2021 $56,000 $1,297,200 $425,800 $871,400
2020 $56,558 $1,297,200 $425,800 $871,400
2019 $56,623 $1,297,200 $425,800 $871,400
2018 $56,260 $1,297,200 $425,800 $871,400
2017 $56,623 $1,297,200 $425,800 $871,400
2016 $63,891 $1,485,500 $425,800 $1,059,700
2015 $62,644 $1,485,500 $425,800 $1,059,700
2014 $61,024 $1,485,500 $425,800 $1,059,700
Source: Public Records

Map

New Jersey Union County Summit 07901

97 Hobart Ave, Summit, NJ

Not Listed for Sale

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