When was property at 101 Hobart Avenue built and last sold?

The property at 101 Hobart Avenue was built in 1908 and last sold on Mar 6, 2023 for $2,800,000.

How much is this home worth?

The estimated value of the home located at 101 Hobart Avenue is $0.

What are some comparable homes to 101 Hobart Avenue?

There are currently no comparable homes to 101 Hobart Avenue.

Summit

07901

101 Hobart Ave

$2,800,000

● House - Off Market

101 Hobart Ave

Summit City, NJ 07901

7 Beds

3.1 Baths

$2,571,055

RealtyHop Estimate

3.05%

Since Apr 1, 2023

National-US

Primary Model

Unit Size

Days on Market

Land Size

Price per sqft

Property Type

House

Property Taxes

HOA Dues

Year Built

1908

Payment Calculator

Cap Rate Calculator

Last updated: 4 years ago (GSMLS #3826436)

Price History

Date / Event	Date	Event
Mar 20, 2023	Sold	Premium
Sold
Feb 13, 2023	In contract	-
In contract

Property Highlights

Building Info

Overview

General

Year Built: 1908

Effective Year Built: 1908
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 11
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 250
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 7
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 20,125

Lot Size Depth Feet: 1,750
Lot Size Frontage Feet: 1,150
Total Building Area: 4,239
Building Area: 4,239
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 4,239
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Land Acres: 0000000462
Standard Land Use Code: 1001
County Land Use Code: 2

Neighborhood

School District Name: Summit City School District

Census Tract: 037700

Zoning

Zoning: R25

Geography

Assessors Map Reference: TAX MAP 26

District: 18
Parcel: 18 02611-0000-00012
Block: 2611
Lot: 12
Municipality: SUMMIT CITY
Latitude: 40.7215
Longitude: -74.3517

Address

Full Address: 101 Hobart Ave

Address - House Number: 101
Address - Street Name: Hobart
Address - Suffix Type: Ave
State: NJ
City Name: Summit
Carrier Code: C004
4-Digit Zip Code: 2808
Zip Code: 07901

Valuation

Tax

Tax Year: 2023

Tax Amount: $3,457,273

Appraisal Valuation

Standard Deviation: 0.213

Valuation Date: Apr 03, 2024
Confidence Score: 70
Final Value: 2,449,066
High Value: 2,970,892
Low Value: 1,927,241

Open Liens

Total Open Liens:

Premium

Total Open Liens Amount:

Premium
First Open Lien Mortgage Lender:

Premium
First Open Lien Mortgage Recording Date:

Premium
First Open Lien Mortgage Financing Type:

Premium
First Open Lien Mortgage Loan Amount:

Premium
First Open Lien Mortgage Term:

Premium
First Open Lien Mortgage Position:

Premium
First Open Lien Mortgage Loan Type:

Premium
First Open Lien Mortgage Loan Due Date:

Premium

Market Valuation

Market Total Value: $799,000

Market Land Value: $418,600
Market Improvement Value: $380,400

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $799,000
Assessed Land Value: $418,600
Assessed Improvements Value: $380,400

Sales

Current Sale Contract Date: Mar 06, 2023

Current Sale Recording Date: Mar 23, 2023
Current Sale Price:

Premium
Current Sale Document Type: 27
Current Sale Input Document Number: 27574
Previous Sale Recording Date: Aug 28, 2020
Previous Sale Contract Date: Aug 25, 2020
Previous Sale Amount: $2,125,000
Previous Sale Document Type: 27

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Financing

First Mortgage Financing Type: ADJ

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Summit

Stats & Trends

Median Asking:

$1,400,000

Sale Price/ft²

$525

Below Asking

0.01%

Average Days on Market

Average Home Size

1115 ft²

Average Home Age

83.6 years

Currently For Sale

45 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 41 Springfield Ave, Summit City, 07901

$6,700 /mo

Studio
1 Bath

41 Springfield Ave, Summit City, 07901 Listing by SEAN QUINN

Unit for rent at 37 Miele Pl, Summit City, 07901-1446

$7,500 /mo

4 Beds
2 Baths

37 Miele Pl, Summit City, 07901-1446 Listing by LIOU DUN

Unit for rent at 545 Morris Ave, Summit City, 07901-1325

$4,800 /mo

2 Beds
2 Baths

545 Morris Ave #213, Summit City, 07901-1325 Listing by MICHELLE PARANZINE

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 4 years ago
Data Source: GSMLS, MLS# 3826436

The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

101 Hobart Ave

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Summit

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions