See Home Value
Short Hills 07078
307 HOBART AVE
$1,930,578*
House - Off Market

307 HOBART AVE

Millburn Twp., NJ 07078
bedrooms
6 Beds
bathrooms
4 Baths, 1 Half Bath
$1,193,000 - $1,457,000
Reference Base Price*
45.70%
Since Feb 1, 2020
National-US
Primary Model
Sold Jan 07, 2020
$1,500,000
$1,200,000 by Guaranteed Rate Inc
Mortgage Due Feb 01, 2050

About This Property

Stately Brick Colonial set upon 1.6 acres of sweeping lawns in Old Short Hills. This 7 bed 4 full1 half bath home has the classic look of style and grace set back on private driveway beyond dramatic stone pillar entry. Under mile to train and top rated schools. Welcoming foyer invites you to effortless flow with large light-filled rooms and a gracious floor plan. "Twin Oak Estate" is waiting for your updating, this is a fantastic opportunity to own one of Short Hill's most graciously poised properties. Lower level 7th bedroom and full bath have been removed.
Unit Size
-
Days on Market
-
Land Size
1.59 acres
Price per sqft
-
Property Type
House
Property Taxes
$3,556
HOA Dues
-
Year Built
1962

Price History

Date / Event Date Event Price
Jan 7, 2020 Sold to Alexander Salerno, Monica E... $1,500,000
Sold to Alexander Salerno, Monica E...
Jan 2, 2020 No longer available -
No longer available
Oct 10, 2019 Listed $1,325,000
Listed
Sep 7, 2019 No longer available -
No longer available
Jul 20, 2019 Price Decreased $1,975,000
↓ $315K (13.8%)
Price Decreased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 69,260
  • Total Building Area: 4,752
  • Building Area: 4,752
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 4,752
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.59
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : SALERNO ALEXANDER
  • Current Owner 2: ELIAS MONICA
  • Previous Owner : SCHAEFER J CHARLES EST

Neighborhood

  • School District Name: Millburn Township School District
  • Census Tract: 020000

Geography

  • Assessors Map Reference: TAX MAP 33
  • District: 12
  • Parcel: 12 03304-0000-00033
  • Block: 3304
  • Lot: 33
  • Municipality: MILLBURN TWP
  • Latitude: 40.7283
  • Longitude: -74.3358

    Address

  • Full Address: 307 Hobart Ave
  • Address - House Number: 307
  • Address - Street Name: Hobart
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C008
  • 4-Digit Zip Code: 2207
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $29,070

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Sep 21, 2022
  • Confidence Score: 72
  • Final Value: 1,852,898
  • High Value: 2,232,258
  • Low Value: 1,473,539

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,200,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Jan 07, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2050

    Market Valuation

  • Market Total Value: $1,500,000
  • Market Land Value: $1,086,300
  • Market Improvement Value: $413,700

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,500,000
  • Assessed Land Value: $1,086,300
  • Assessed Improvements Value: $413,700

    Sales

  • Current Sale Contract Date: Dec 30, 2019
  • Current Sale Recording Date: Jan 07, 2020
  • Current Sale Transaction ID: 11719364769
  • Current Sale Price: $1,500,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 202020001565

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Jan 07, 2020
  • First Mortgage Loan Amount: $1,200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Feb 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Short Hills


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Frequently Asked Questions

When was property at 307 Hobart Avenue built and last sold?
The property at 307 Hobart Avenue was built in 1962 and last sold on Dec 30, 2019 for $1,500,000.
How much is this home worth?
The estimated value of the home located at 307 Hobart Avenue is $1,338,250.
What are some comparable homes to 307 Hobart Avenue?
There are currently no comparable homes to 307 Hobart Avenue.

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