Skip main navigation
Off market
  • $4,748,100

    155 Hobart Ave, Summit, NJ 07901

    7beds
    5baths
    8,513sqft
    SingleFamily
    Built in 1916
    1.6 Acres Lot
    $4,748,100 Zestimate®
    $558/sqft
    $6,525 Estimated rent

    Home value

    $4,748,100

    $4.04M - $5.60M

    $6,525/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $6,525/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $6,525/mo

    Rent Zestimate®

    Refinance and save

    $28,185/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $28,185/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Steeped in rich local history, surrounded on three sides by expansive dedicated woodlands and adjacent to the Reeves-Reed Arboretum, this grand and gracious 1916 Colonial estate was originally built by New York City architect B.V. White for the mother of Mrs. Reeves. In a series of land transactions by the Hubbard family to preserve the Arboretum, the home today shares its stone-walled frontage with the Arboretum, and enjoys 1.6 acres of of idyllic Northside property at the foot of historic Beacon Hill. An elegant reception hall of generous proportions harkens back to an earlier era of landed gentry. High ceilings, elaborate trims, wide entries and pocket doors grace the grand-scale living room with a fireplace set in marble, and a formal dining room with raised paneling and fireplace with ornate mantel design work. A paneled family room has a distinctive coffered ceiling, with lovely three-sided property views and access to an elevated terrace that joins the formal dining room through a set of French doors. There's a china pantry and a butler's pantry next to a sun-filled kitchen with southern exposures and tranquil views. Upstairs, the bedrooms feature high ceilings and the original six-panel doors with glass and porcelain knobs. The master bedroom suite enjoys a fabulous private sun room with expansive woodland views, with another three bedrooms (one has its own private sun room), and two full baths. The third floor boasts high ceilings and hardwood floors in three additional bedrooms, plus a full hall bath, for extra versatility of space. The lower level areas are spacious, with a recreation room, laundry room, door to the gardens and direct access to an attached tandem garage -- for the creative homeowner, the possibilities are endless to create a "virtual 21st-century dream home beneath a home." This special home is a rare find -- superbly located and land rich -- truly a one-of-a-kind Summit offering.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    Interior area
    • Total interior livable area: 8,513 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Wood
    Lot
    • Size: 1.60 Acres
    Details
    • Parcel number: 1802305000000022

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    Condition
    • Year built: 1916

    Community & neighborhood

    Location
    • Region: Summit

    Price history

    DateEventPrice
    6/28/2012Sold$2,200,000-26.1%$258/sqft
    Source: GSMLS #2920736 Report a problem
    3/26/2012Listing removed$2,975,000$349/sqft
    Source: Lois Schneider Realtor #2870823 Report a problem
    10/19/2011Price change$2,975,000-9.8%$349/sqft
    Source: Lois Schneider Realtor #2870823 Report a problem
    7/13/2011Price change$3,300,000-12%$388/sqft
    Source: Lois Schneider Realtor #2870823 Report a problem
    12/31/2010Listed for sale$3,750,000$441/sqft
    Source: Lois Schneider Realtor #2826523 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$91,550 +0.7%$2,101,700
    2023$90,941 +1%$2,101,700
    2022$90,016 -0.8%$2,101,700
    2021$90,730 -1.1%$2,101,700
    2020$91,739 +0.6%$2,101,700
    2019$91,151 -0.6%$2,101,700
    2018$91,739 +1.5%$2,101,700
    2017$90,394 +2%$2,101,700
    2016$88,629 +2.7%$2,101,700
    2015$86,338 +89.7%$2,101,700 +87.5%
    2014$45,523 +6.1%$1,120,700
    2012$42,912 +3%$1,120,700
    2011$41,653 +4.2%$1,120,700
    2010$39,972 +4.5%$1,120,700
    2009$38,246 $1,120,700
    2008-- $1,120,700
    2007$36,800 $1,120,700 -24%
    2006-- $1,475,400
    2005-- $1,475,400
    2004-- $1,475,400
    2003-- $1,475,400
    2002-- $1,475,400
    2001-- $1,475,400

    Find assessor info on the county website

    Neighborhood: 07901

    Nearby schools

    GreatSchools rating
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,748,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $4,748,100