See Home Value
Short Hills 07078
350 HOBART AVE
$1,857,585*
House - Off Market

350 HOBART AVE

Millburn Twp., NJ 07078
bedrooms
5 Beds
bathrooms
5 Baths
square feet
4500 Sqft
$1,170,000 - $1,428,000
Reference Base Price*
43.00%
Since Apr 1, 2020
National-US
Primary Model
Sold Feb 20, 2020
$1,212,500
$900,000 by Wells Fargo Bank Na
Mortgage
Sold Dec 29, 2014
$1,230,000

About This Property

Move right in to this gorgeously renovated, expanded well-light 6 Bedroom, 5 Full Bath Tudor located in the heart of Old Short Hills. This home has been renovated to the highest standards while preserving original architectural details that can't be found in new construction homes today. Spectacular grand living room w/ 15' soaring ceilings & massive FP & minstrel gallery. Family room w/11' ceilings & 3 walls of windows. Stunning eat in gourmet kitchen with top of the line appliances & custom cabinets. Master suite w/custom maple built-in closet & spa-like bath w/steam shower. Large bedroom on the ground lever with full bath could easily be used as a private in-law or au-pair suite. Walking distance to Short Hills train station. Tax appeal in 2015 reduced assessment value & saved $4398/year.

The manager has listed the unit size as 4500 square feet.
Unit Size
4,500Ft²
Days on Market
-
Land Size
0.48 acres
Price per sqft
$289
Property Type
House
Property Taxes
$1,895
HOA Dues
-
Year Built
1926

Price History

Date / Event Date Event Price
Mar 7, 2020 No longer available -
No longer available
Feb 20, 2020 Sold to Ping Wang, Yong Chao $1,212,500
Sold to Ping Wang, Yong Chao
Sep 20, 2019 Price Decreased $1,299,000
↓ $51K (3.8%)
Price Decreased
Jul 24, 2019 No longer available -
No longer available
Jul 24, 2019 Listed $1,350,000
Listed
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • 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: 20,800
  • Lot Size Depth Feet: 2,080
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,165
  • Building Area: 3,165
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,165
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.478
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : CHAO YONG
  • Current Owner 2: WANG PING
  • Previous Owner : HU JERRY
  • Previous Owner 2: HU YUTING
  • Owner Before Previous Owner: NATIONAL RESIDENTIAL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • Assessors Map Reference: TAX MAP 34
  • District: 12
  • Parcel: 12 03408-0000-00008
  • Block: 3408
  • Lot: 8
  • Municipality: MILLBURN TWP
  • Latitude: 40.7282
  • Longitude: -74.3394

    Address

  • Full Address: 350 Hobart Ave
  • Address - House Number: 350
  • Address - Street Name: Hobart
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Short Hills
  • Carrier Code: C008
  • 4-Digit Zip Code: 2238
  • Zip Code: 07078

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,225

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 69
  • Final Value: 1,545,838
  • High Value: 1,885,971
  • Low Value: 1,205,705

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Feb 20, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage

    Market Valuation

  • Market Total Value: $1,195,300
  • Market Land Value: $637,200
  • Market Improvement Value: $558,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,195,300
  • Assessed Land Value: $637,200
  • Assessed Improvements Value: $558,100

    Sales

  • Current Sale Contract Date: Jan 11, 2020
  • Current Sale Recording Date: Feb 20, 2020
  • Current Sale Transaction ID: 11745598879
  • Current Sale Price: $1,212,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020019026
  • Previous Sale Recording Date: Dec 29, 2014
  • Previous Sale Contract Date: Dec 18, 2014
  • Previous Sale Amount: $1,230,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Feb 20, 2020
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    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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Nearby Rentals

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Unit for rent at 46 Pine Ter E, Millburn Twp., NJ, 07078

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46 Pine Ter E, Millburn Twp., NJ, 07078 Listing by BINGHU ZHANG


Frequently Asked Questions

When was property at 350 Hobart Avenue built and last sold?
The property at 350 Hobart Avenue was built in 1926 and last sold on Jan 11, 2020 for $1,212,500.
How much is this home worth?
The estimated value of the home located at 350 Hobart Avenue is $1,305,491.
What are some comparable homes to 350 Hobart Avenue?
There are currently no comparable homes to 350 Hobart Avenue.

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