NOT LISTED FOR SALE

18 Gates Place Wayne, NJ 07470

Wayne Area

Estimated Value: $1,416,000 - $1,743,000

6 Beds
6 Baths
-- Sq Ft
0.51 Acre Lot

Sale Details

Date Sold: June 3, 2025

Last sale price $1,502,000

Est. 3% increase in value since last sale

Current estimated payment $11,480 / mo

35 Days on Market

About This Home

As of June 2025

This home is located at 18 Gates Place, Wayne, NJ 07470 since 21 March 2025 and is currently estimated at $1,586,269. This property was built in 2012. 18 Gates Place is a home located in Passaic with nearby schools including Albert P. Terhune Elementary School, Schuyler-Colfax Middle School, and Wayne Hills High School.

Last Agent to Sell the Property

Karen Peters

COLDWELL BANKER REALTY Brokerage Phone: 973-694-8000 Listed on: 03/21/2025

COLDWELL BANKER REALTY

Last Buyer's Agent

Karen Peters

COLDWELL BANKER REALTY Brokerage Phone: 973-694-8000 Listed on: 03/21/2025

COLDWELL BANKER REALTY

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Details

Home Type

  • Single Family

Year Built

  • Built in 2012

Lot Details

  • 22,216 Sq Ft Lot

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 2012

Lot Details

0.51 Acres

Listing Details

  • Year Built: 2012
  • County Name: Passaic
  • I D: 5345203
  • Attribution Contact: 973-694-8000
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 6
  • Bathrooms: 5.10

Lot Info

  • Lot Size: .510 AC
  • Total Acres: 0.51

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2025
Closed on
May 30, 2025
Sold by
Cho Julie and Cho James
Bought by
Seller's Agent
Karen Peters
COLDWELL BANKER REALTY
Buyer's Agent
Karen Peters
COLDWELL BANKER REALTY
List Price
$1,620,000
Sold Price
$1,502,000
Premium/Discount to List
-$118,000
-7.28%
Views
89
Current Estimated Value
$1,552,554

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,554
Avg. Annual Appreciation
4.46%
Original Mortgage
$1,500,000
Outstanding Balance
$1,479,543
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$106,726

Purchase Details

Closed on
Jun 22, 2017
Sold by
Cho James and Seo Julie
Bought by
Chao James and Seo Julie

Purchase Details

Closed on
Jun 6, 2012
Sold by
Paisley Associates Aglenties Llc
Bought by
Cho Yong Min and Cho Julie E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wayne, NJ

  • Tricia Himawan Real Estate Agent - Weichert Realtors, Short Hills

    Tricia Himawan

    Weichert Realtors, Short Hills

    (862) 292-9012

    32 Total Sales

    1 in Wayne

    $1,050,000 Price

    Tricia Himawan
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  • Isaac De Castro Real Estate Agent - Brown Harris Stevens

    Isaac De Castro

    Brown Harris Stevens

    (848) 305-1306

    26 Total Sales

    2 in Wayne

    $1,400,000 Price Range

    Isaac De Castro
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  • Arun Thomas Real Estate Agent - ATP Realty Inc.

    Arun Thomas

    ATP Realty Inc.

    (973) 406-4644

    72 Total Sales

    4 in Wayne

    $520K - $755K Price Range

    Arun Thomas
     Section Image
  • Seema Wu Real Estate Agent - Keller Williams Realty Metropolitan

    Seema Wu

    Keller Williams Realty Metropolitan

    (862) 465-8804

    48 Total Sales

    2 in Wayne

    $600K - $630K Price Range

    Seema Wu
     Section Image
  • Hilda Sayanlar Real Estate Agent - Weichert Realtors, Fort Lee

    Hilda Sayanlar

    Weichert Realtors, Fort Lee

    (551) 465-7889

    34 Total Sales

    1 in Wayne

    $690,000 Price

    Hilda Sayanlar
     Section Image
  • Chopper Russo Real Estate Agent - RE/MAX SELECT - Oakland

    Chopper Russo

    RE/MAX SELECT - Oakland

    (973) 833-5183

    370 Total Sales

    9 in Wayne

    $26 - $1.6M Price Range

    Chopper Russo
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,502,000 First American Title
Chao James -- None Available
Cho Yong Min $1,325,000 Stewart Title Guaranty Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,500,000
Previous Owner Cho Yong Min $625,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2025 06/03/25 Sold $1,502,000 +0.7% --
04/25/2025 04/25/25 Pending -- -- --
04/10/2025 04/10/25 Price Changed $1,492,000 -7.9% --
03/21/2025 03/21/25 For Sale $1,620,000 -- --
Source: Garden State MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $34,968 $583,000 $157,700 $425,300
2025 $34,968 $583,000 $157,700 $425,300
2024 $33,336 $583,000 $157,700 $425,300
2022 $32,963 $583,000 $157,700 $425,300
2021 $32,928 $583,000 $157,700 $425,300
2020 $32,782 $583,000 $157,700 $425,300
2019 $32,147 $583,000 $157,700 $425,300
2018 $31,861 $583,000 $157,700 $425,300
2017 $31,569 $583,000 $157,700 $425,300
2016 $31,126 $583,000 $157,700 $425,300
2015 $30,753 $583,000 $157,700 $425,300
2014 $29,885 $583,000 $157,700 $425,300
Source: Public Records

Agents Affiliated with this Home

  • Karen Peters Real Estate Agent - COLDWELL BANKER REALTY

    Seller's Agent in 2025

    Karen Peters

    COLDWELL BANKER REALTY

    (862) 400-2933

    525 Total Sales

    Karen Peters
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Map

Source: Garden State MLS

MLS Number: 3952207

Garden State MLS

APN: 14-03202-0000-00014

New Jersey Passaic County Wayne 07470

18 Gates Place, Wayne, NJ

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