When was property at 16 Hobart Gap Road built and last sold?

The property at 16 Hobart Gap Road was built in 1931 and last sold on Aug 15, 2023 for $350,000.

How much is this home worth?

The estimated value of the home located at 16 Hobart Gap Road is $1,260,480.

What are some comparable homes to 16 Hobart Gap Road?

There are currently no comparable homes to 16 Hobart Gap Road.

Short Hills

07078

16 Hobart Gap Rd

$1,350,000

● House - Off Market

16 Hobart Gap Rd

Millburn Twp., NJ 07078

5 Beds

3.2 Baths

$1,241,009

RealtyHop Estimate

-0.56%

Since Sep 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

1931

Last updated: 9 months ago (GSMLS #3846470)

Price History

Date / Event	Date	Event
Aug 23, 2023	Sold to Kun Liu, Xin Lu	$350,000
Sold to Kun Liu, Xin Lu
Jun 10, 2023	In contract	-
In contract
Aug 17, 1998	Sold to Beth M Jaffe	$430,000
Sold to Beth M Jaffe

Property Highlights

Garage

Building Info

Overview

General

Year Built: 1931

Effective Year Built: 1931
Bedroom Count: 0
Construction Type: Other
Exterior Walls Type: Stucco
Floor Count: 2
Basement Area: 0
Garage Type: Garage
Parking Space Count: 2

Dimensions

Lot Size Square Feet: 10,001

Lot Size Depth Feet: 1,000
Lot Size Frontage Feet: 1,000
Total Building Area: 2,474
Building Area: 2,474
Building Area Measurement: Living Area

Heating and Cooling

Air Conditioning: unknown

Heating: unknown
Heated Square Feet: 2,474
Heating Fuel Type: unknown

Utilities

Sewer System: unknown

Water Service: unknown

Building

Property Class: Residential

Land Acres: 0.23
Standard Land Use Code: Single family residential

Ownership

Current Owner : LIU KUN

Current Owner 2: LU XIN
Previous Owner : JAFFE BETH M
Owner Before Previous Owner: COHEN DAVID
Is Owner Occupied: Owner-occupied property
Ownership Rights Codes: Husband and wife

Neighborhood

School District Name: Millburn Township School District

Census Tract: 020000

Geography

Assessors Map Reference: TAX MAP 34

District: 12
Parcel: 12 03404-0000-00010
Block: 3404
Lot: 10
Municipality: MILLBURN TWP
Latitude: 40.7276
Longitude: -74.3442

Address

Full Address: 16 Hobart Gap Rd

Address - House Number: 16
Address - Street Name: Hobart Gap
Address - Suffix Type: Rd
State: NJ
City Name: Short Hills
Carrier Code: C016
4-Digit Zip Code: 1803
Zip Code: 07078

Valuation

Tax

Tax Year: 2022

Tax Amount: $19,228

Appraisal Valuation

Standard Deviation: 0.1072

Valuation Date: Sep 21, 2023
Confidence Score: 89
Final Value: 1,329,647
High Value: 1,472,299
Low Value: 1,186,994

Open Liens

Total Open Liens: 1

Total Open Liens Amount: $1,080,000
First Open Lien Mortgage Lender: CITIBANK, NA
First Open Lien Mortgage Recording Date: Aug 23, 2023
First Open Lien Mortgage Loan Amount: $1,080,000
First Open Lien Mortgage Term: 360
First Open Lien Mortgage Position: 1
First Open Lien Mortgage Loan Type: Building or Construction Loan
First Open Lien Mortgage Loan Due Date: Sep 01, 2053

Market Valuation

Market Total Value: $989,600

Market Land Value: $598,600
Market Improvement Value: $391,000

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $989,600
Assessed Land Value: $598,600
Assessed Improvements Value: $391,000

Sales

Current Sale Contract Date: Aug 15, 2023

Current Sale Recording Date: Aug 23, 2023
Current Sale Transaction ID: 11913324578
Current Sale Price: $350,000
Current Sale Document Type: Deed
Current Sale Input Document Number: 50944
Previous Sale Recording Date: Aug 17, 1998
Previous Sale Contract Date: May 28, 1998
Previous Sale Amount: $430,000
Previous Sale Document Type: Deed

Last Sale Mortgage

First Mortgage Lender: CITIBANK, NA

First Mortgage Transaction Date: Aug 23, 2023
First Mortgage Loan Amount: $1,080,000
First Mortgage Terms: 360
First Mortgage Loan Type: Building or Construction Loan
First Mortgage Loan Due Date: Sep 01, 2053

Previous Mortgages

Previous Mortgage Lender: FIRST SAVINGS BANK OF NJ

Previous Mortgage Transaction Date: Aug 17, 1998
Previous Mortgage Loan Amount: $324,000
Previous Mortgage Term: 360

Redact Ownership Info

Comparables

45 Clark Street

In Contract

House

5 Beds

5 Baths

$1,150,000 Dec 15, 2022

About Short Hills

Stats & Trends

Median Asking:

$2,127,500

Sale Price/ft²

Above Asking

0.00%

Average Days on Market

Average Home Size

0 ft²

Average Home Age

49.7 years

Currently For Sale

30 Listings

Similar Homes for Sale

Similar Properties

Click here to see other properties in this area.

Nearby Rentals

Unit for rent at 90 Old Short Hills Rd, Millburn Twp., NJ, 07078

$4,300 /mo

3 Beds
2 Baths

90 Old Short Hills Rd, Millburn Twp., NJ, 07078 Listing by SAGE BLINDERMAN

Rentals Near You

Click here to view more rentals in the neighborhood.

Last Updated: 9 months ago
Data Source: GSMLS, MLS# 3846470

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 © 2024 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.

Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.

16 Hobart Gap Rd

Price History

Property Highlights

Building Info

Overview

Building

Ownership

Neighborhood

Geography

Valuation

Comparables

About Short Hills

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions