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340 Hobart Ave

Absecon, NJ 08201

3 bd 2 ba 1,640 sqft Built 1955 Lot 9,000 sqft single_family
Most recent sale
$280,000
Nov 30, 2023

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jan 1, 2026 Listing removed $399,900 AtlanticCity
Dec 12, 2025 Listing removed $399,900 AtlanticCity
Aug 5, 2025 Listed $399,900 AtlanticCity
Dec 2, 2023 Listing removed BrightMLS
Nov 30, 2023 Sold $280,000 CapeMay
Nov 22, 2023 Listing removed AtlanticCity
Oct 19, 2023 Listed $299,900 BrightMLS
Oct 18, 2023 Listed $299,900 AtlanticCity
Jun 28, 2005 Sold $240,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $107,900 $81,400 $189,300 $6,657
2024 $107,900 $81,400 $189,300 $6,333
2023 $107,900 $81,400 $189,300 $6,290
2022 $107,900 $81,400 $189,300 $6,258
2021 $107,900 $81,400 $189,300 $6,239
2020 $107,900 $81,400 $189,300 $6,250
2019 $107,900 $81,400 $189,300 $6,205
2018 $107,900 $81,400 $189,300 $6,231
2017 $107,900 $81,400 $189,300 $6,186
2016 $107,900 $81,400 $189,300 $6,012
2015 $107,900 $81,400 $189,300 $5,934
2014 $107,900 $81,400 $189,300 $5,853
2013 $107,900 $81,400 $189,300 $5,760
2012 $118,900 $114,700 $233,600 $4,835
2011 $118,900 $114,700 $233,600 $4,774
2009 $118,900 $114,700 $233,600 $4,438
2008 $118,900 $114,700 $233,600 $4,295
2007 $76,000 $29,700 $105,700 $4,034

Property facts

Year built
1955
Property type
single_family
Stories
2
Beds
3
Baths
2
Living area
1,640 sqft
Lot size
9,000 sqft
ZIP code
08201
City
Absecon
Street
Hobart Ave
Coordinates
39.43508, -74.49793

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,460
Gross rental yield
10.54%
Implied cap rate
6.85%
Trend-extrapolated value

Frequently asked questions

When did 340 Hobart Ave last sell?
340 Hobart Ave most recently sold on Nov 30, 2023 for $280,000.
What is the current tax assessment for 340 Hobart Ave?
The most recent total assessment for 340 Hobart Ave (year 2025) is $189,300 with $6,657 in property tax.
How does 340 Hobart Ave's assessment compare to its last sale price?
The current assessment is 32.4% below the last sale price of $280,000.
When was 340 Hobart Ave built?
340 Hobart Ave was built in 1955.
How does 340 Hobart Ave compare to others on Hobart Ave?
We track 8 other properties on Hobart Ave. Browse the list under "Other properties on Hobart Ave" to compare beds, baths, and sale history.
What are the property facts for 340 Hobart Ave?
340 Hobart Ave is a 3 bed, 2 bath, 1,640 sqft, 9,000 sqft lot single_family.
Is 340 Hobart Ave a flip candidate?
No — 340 Hobart Ave does not appear in our flips dataset.
Is 340 Hobart Ave a tax-appeal candidate?
No — 340 Hobart Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.8%
Implied 1-yr
+7.2%
2026 Q3
$382K
2026 Q4
$388.2K
ZIP 08201 — Median Price History + Forecast

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