Hugo Palacios
Keller Williams Village Square Realty
(973) 250-2106
62 Total Sales
1 in Wayne
$470,000 Price
18 Gates Place Wayne, NJ 07470
Wayne AreaEstimated Value: $1,416,000 - $1,743,000
6
Beds
6
Baths
--
Sq Ft
0.51
Acre Lot
About This Home
As of June 2025This 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
COLDWELL BANKER REALTY Brokerage Phone: 973-694-8000 Listed on: 03/21/2025
Last Buyer's Agent
COLDWELL BANKER REALTY Brokerage Phone: 973-694-8000 Listed on: 03/21/2025
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
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
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
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Wayne, NJ
-
Hugo Palacios
-
Michael Dunn
Michael Dunn
EXP Realty, LLC
(551) 243-7398
63 Total Sales
2 in Wayne
$490,000 Price Range
-
Mary Ann Sgobba
Mary Ann Sgobba
NJ Realty Center
(862) 420-0516
38 Total Sales
2 in Wayne
$485,000 Price Range
-
Cheryl Towey
Cheryl Towey
Weichert Realtors, Morris Plains
(908) 332-0944
129 Total Sales
2 in Wayne
$790,000 Price Range
-
Abdelwaheed Albukhari
Abdelwaheed Albukhari
Responds QuicklyTOP VALUE REALTY
(973) 520-0523
43 Total Sales
1 in Wayne
$1,675,000 Price
-
Pamela 'Jill' Sockwell
Pamela 'Jill' Sockwell
COMPASS NEW JERSEY, LLC
(917) 634-3370
140 Total Sales
1 in Wayne
$1,100,000 Price
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
Seller's Agent in 2025
Karen Peters
COLDWELL BANKER REALTY
(862) 400-2933
525 Total Sales
Map
Source: Garden State MLS
MLS Number: 3952207
APN: 14-03202-0000-00014
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Nearby Homes
- 49 Pancake Hollow Dr
- 18 Wellspring Ct
- 22 Wellspring Ct
- 16 Wellspring Ct Unit 622
- 8 Wellspring Ct
- 4 Wellspring Ct
- 8023 Brittany Dr
- 8103 Burgundy Way
- 8703 Brittany Dr Unit 8703
- 1018 Brittany Dr
- 607 Brittany Dr
- 602 Brittany Dr
- 550 Berdan Ave
- 312 Brittany Dr
- 308 Brittany Dr
- 90 Summer Hill Rd
- 695 Berdan Ave
- 1360 Hamburg Turnpike Unit 207
- 1360 Hamburg Turnpike Unit 409
- 720 Berdan Ave
- 16 Gates Place
- 61 Brandywine Rd
- 65 Brandywine Rd
- 57 Brandywine Rd
- 12 Gates Place
- 53 Brandywine Rd
- 19 Gates Place
- 21 Gates Place
- 10 Gates Place
- 49 Brandywine Rd
- 70 Brandywine Rd
- 66 Brandywine Rd
- 62 Brandywine Rd
- 23 Gates Place
- 58 Brandywine Rd
- 8 Gates Place
- 45 Brandywine Rd
- 54 Brandywine Rd
- 17-03 Gates Place
- 19 Yorktown Rd
Your Personal Tour Guide
Ask me questions while you tour the home.