24 Hobart Ave
Millburn, NJ 07078
4 bd 4 ba 2,850 sqft Built 1927 Lot 6,970 sqft single_family
Most recent sale
$950,000
Aug 1, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| May 19, 2023 | Sold | $1,540,000 | Public Record |
| Feb 20, 2023 | Listed | $1,450,000 | GardenState |
| Aug 1, 2022 | Sold | $950,000 | MLS #3788311 |
| Jun 10, 2022 | Listed | $950,000 | MLS #3788311 |
| Oct 25, 1999 | Sold | $455,000 | Public Record |
| May 20, 1991 | Sold | $300,000 | Public Record |
| Apr 8, 1988 | Sold | $390,000 | Public Record |
| Jan 1, 1979 | Sold | $125,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $514,900 | $720,800 | $1,235,700 | $24,948 |
| 2024 | $514,900 | $720,800 | $1,235,700 | $24,491 |
| 2023 | $430,000 | $720,800 | $1,150,800 | $22,509 |
| 2022 | $430,000 | $720,800 | $1,150,800 | $22,360 |
| 2021 | $430,000 | $720,800 | $1,150,800 | $22,302 |
| 2020 | $430,000 | $720,800 | $1,150,800 | $22,164 |
| 2019 | $430,000 | $720,800 | $1,150,800 | $22,210 |
| 2018 | $430,000 | $720,800 | $1,150,800 | $21,888 |
| 2017 | $430,000 | $720,800 | $1,150,800 | $21,359 |
| 2016 | $398,700 | $419,500 | $818,200 | $17,624 |
| 2015 | $398,700 | $419,500 | $818,200 | $17,223 |
| 2014 | $398,700 | $419,500 | $818,200 | $16,495 |
| 2013 | $398,700 | $419,500 | $818,200 | $15,824 |
| 2012 | $398,700 | $419,500 | $818,200 | $15,538 |
| 2010 | $398,700 | $419,500 | $818,200 | $14,679 |
| 2009 | $398,700 | $419,500 | $818,200 | $14,359 |
| 2008 | $398,700 | $419,500 | $818,200 | $13,656 |
| 2007 | $398,700 | $419,500 | $818,200 | $12,927 |
Property facts
Year built
1927
Property type
single_family
Stories
—
Beds
4
Baths
4
Living area
2,850 sqft
Lot size
6,970 sqft
ZIP code
07078
City
Millburn
Street
Hobart Ave
Coordinates
40.72748, -74.31341
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$4,275
Gross rental yield
5.40%
Implied cap rate
3.51%
Trend-extrapolated value
—
Frequently asked questions
When did 24 Hobart Ave last sell?
24 Hobart Ave most recently sold on Aug 1, 2022 for $950,000.
What is the current tax assessment for 24 Hobart Ave?
The most recent total assessment for 24 Hobart Ave (year 2025) is $1,235,700 with $24,948 in property tax.
How does 24 Hobart Ave's assessment compare to its last sale price?
The current assessment is 30.1% above the last sale price of $950,000.
When was 24 Hobart Ave built?
24 Hobart Ave was built in 1927.
How does 24 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 24 Hobart Ave?
24 Hobart Ave is a 4 bed, 4 bath, 2,850 sqft, 6,970 sqft lot single_family.
Is 24 Hobart Ave a flip candidate?
Yes — 24 Hobart Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 24 Hobart Ave a tax-appeal candidate?
No — 24 Hobart Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.1%
Implied 1-yr
+16.2%
2026 Q3
$3.76M
2026 Q4
$3.88M
ZIP 07078 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Hobart Ave