NOT LISTED FOR SALE

16 Gates Ave Unit 18 Summit, NJ 07901

Estimated Value: $1,005,000 - $1,291,046

3 Beds
2 Baths
3,200 Sq Ft
$353/Sq Ft Est. Value

About This Home

This home is located at 16 Gates Ave Unit 18, Summit, NJ 07901 and is currently estimated at $1,128,512, approximately $352 per square foot. 16 Gates Ave Unit 18 is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2021
Sold by
Gechtman Daniel and Gechtman Susan
Bought by
Sectorslte Tower Assets Llc
Current Estimated Value
$1,128,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,385,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2010
Sold by
Soffel Charles W and Weyer Kathleen S
Bought by
Gechtman Daniel and Gechtman Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,750
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 29, 1999
Sold by
Soffel Rose S
Bought by
Soffel Charles W and Weyer Kathleen S
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sectorslte Tower Assets Llc -- Prestige Title
Gechtman Daniel $401,857 Prestige Title Agency Inc
Soffel Charles W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sectorslte Tower Assets Llc $1,385,000
Previous Owner Gechtman Daniel $222,750
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,297 $282,300 $113,800 $168,500
2024 $12,215 $282,300 $113,800 $168,500
2023 $12,215 $282,300 $113,800 $168,500
2022 $12,091 $282,300 $113,800 $168,500
2021 $12,187 $282,300 $113,800 $168,500
2020 $12,308 $282,300 $113,800 $168,500
2019 $12,322 $282,300 $113,800 $168,500
2018 $12,243 $282,300 $113,800 $168,500
2017 $12,322 $282,300 $113,800 $168,500
2016 $12,142 $282,300 $113,800 $168,500
2015 $11,905 $282,300 $113,800 $168,500
2014 -- $282,300 $113,800 $168,500
Source: Public Records

Map

New Jersey Union County Summit 07901

16 Gates Ave Unit 18, Summit, NJ

This home is located at 16 Gates Ave Unit 18, Summit, NJ 07901 and is currently estimated at $1,128,512, approximately $352 per square foot. 16 Gates Ave Unit 18 is a home located in Union County with nearby schools including L C Johnson Summit Middle School, Summit Sr High School, and Kent Place School.

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