S
Seller's Agent in 2024
Sam Joseph
Prominent Properties Sotheby's International Realty-Montclair
(917) 359-8990
74 in this area
187 Total Sales
187 Gates Ave Montclair, NJ 07042
Estimated Value: $2,165,000 - $2,384,000
7
Beds
4.5
Baths
3,763
Sq Ft
$603/Sq Ft
Est. Value
Highlights
- En-Suite Primary Bedroom
- Central Air
- Rectangular Lot
- Hillside School Rated A
About This Home
As of August 2024This expansive colonial embodies luxury living with 7-bedrooms and 4.1-baths. With hardwood floors, high ceilings adorned with deep crown molding; this residence exudes elegance. The main level boasts a formal living room with a fireplace & dual French doors leading to the family room, mudroom, powder room, and laundry. A beautiful library offers a tranquil retreat, while the dining room impresses with a stained glass window and wainscoting. The eat-in kitchen is a chef's delight, equipped with high-end appliances opening to a Bluestone terrace and large level yard. The 2nd floor hosts a spacious master suite with a large walk-in closet and a luxurious primary bath boasting heated floors and a soaking tub, accompanied by 3 additional bedrooms and an updated main bath. The top floor adds 3 more bedrooms, a full bath, and ample storage space. The lower level provides ultimate entertainment with a large rec room, gym, wine cellar, full bath, and craft room with abundant storage.
Last Agent to Sell the Property
Prominent Properties Sotheby's International Realty-Montclair Listed on: 05/07/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $38,552
Lot Details
- 0.33 Acre Lot
- Rectangular Lot
Parking
- 2 Car Garage
Bedrooms and Bathrooms
- 7 Bedrooms
- En-Suite Primary Bedroom
Finished Basement
- Basement Fills Entire Space Under The House
Schools
- Magnet Elementary School
- Magnet Middle School
- Montclair High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Legal Lot and Block 00012 / 01202
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 7, 2024
Closed on
Aug 5, 2024
Sold by
Rosenblum Scott and Rosenblum Stacy
Bought by
Hamilton John David and Hamilton Kristin Marie
Seller's Agent
Sam Joseph
Prominent Properties Sotheby's International Realty-Montclair
Buyer's Agent
Elizabeth Scura
Prominent Properties Sotheby's International Realty-Montclair
List Price
$1,599,000
Sold Price
$2,025,000
Premium/Discount to List
$426,000
26.64%
Views
24
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
$243,463
Avg. Annual Appreciation
9.20%
Original Mortgage
$400,000
Outstanding Balance
$245,605
Interest Rate
4.7%
Estimated Equity
$2,022,858
Purchase Details
Closed on
Apr 28, 2016
Sold by
Selassie Lynn D and Selassie Sengal M
Bought by
Rosenblum Scott and Rosenblum Stacy
Purchase Details
Closed on
Jul 2, 2002
Sold by
Gourary Barry
Bought by
Selassie Sengal and Selassie Lynn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,600
Interest Rate
6.73%
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 Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hamilton John David | $2,025,000 | Evident Title | |
| Rosenblum Scott | $1,299,000 | None Available | |
| Selassie Sengal | $777,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Hamilton John David | $400,000 | |
| Open | Hamilton John David | $1,220,000 | |
| Previous Owner | Selassie Sengal | $621,600 | |
| Closed | Rosenblum Scott | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/05/2024 08/05/24 | Sold | $2,025,000 | +26.6% | $538 / Sq Ft |
| 05/17/2024 05/17/24 | Pending | -- | -- | -- |
| 05/07/2024 05/07/24 | For Sale | $1,599,000 | -- | $425 / Sq Ft |
Source: New Jersey MLS
Tax History Compared to Growth
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 | $38,552 | $1,140,600 | $325,000 | $815,600 |
| 2024 | $38,552 | $1,140,600 | $325,000 | $815,600 |
| 2022 | $37,503 | $1,140,600 | $325,000 | $815,600 |
| 2021 | $36,853 | $1,140,600 | $325,000 | $815,600 |
| 2020 | $36,260 | $1,140,600 | $325,000 | $815,600 |
| 2019 | $35,883 | $1,140,600 | $325,000 | $815,600 |
| 2018 | $35,290 | $1,140,600 | $325,000 | $815,600 |
| 2017 | $34,622 | $927,200 | $347,000 | $580,200 |
| 2016 | $31,430 | $864,900 | $347,000 | $517,900 |
| 2015 | $30,496 | $864,900 | $347,000 | $517,900 |
| 2014 | $29,476 | $864,900 | $347,000 | $517,900 |
Source: Public Records
Agents Affiliated with this Home
-
Sam Joseph
-
James MacDonald
J
Seller Co-Listing Agent in 2024
James MacDonald
Prominent Properties Sotheby's International Realty-Montclair
(973) 803-0799
19 in this area
41 Total Sales
-
Elizabeth Scura
E
Buyer's Agent in 2024
Elizabeth Scura
Prominent Properties Sotheby's International Realty-Montclair
(973) 783-6900
5 in this area
12 Total Sales
-
Zoe Oliphant
Z
Buyer Co-Listing Agent in 2024
Zoe Oliphant
Prominent Properties Sotheby's International Realty-Montclair
(631) 748-2866
16 in this area
29 Total Sales
Map
Source: New Jersey MLS
MLS Number: 24013961
APN: 13-01202-0000-00012
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 the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
© 2025 New Jersey Multiple Listing Service Inc. All rights reserved.
Nearby Homes
- 143 S Mountain Ave
- 89 Porter Place
- 180 Union St
- 74 Porter Place
- 70 Llewellyn Rd
- 104 Harrison Ave
- 74 S Mountain Ave
- 96 Gates Ave
- 65 S Mountain Ave
- 30 The Crescent Unit 3
- 48 S Park St
- 23 Prospect Terrace
- 5 Roosevelt Place
- 24 Mountain Ave
- 26 Orange Rd
- 48 S Willow St Unit 2
- 89 Elm St
- 12 Irving St
- 5 Roosevelt Place Unit 1A
- 191 Gates Ave
- 185 Gates Ave
- 84 Clinton Ave
- 195 Gates Ave
- 80 Clinton Ave
- 190 Gates Ave
- 188 Gates Ave
- 153 S Mountain Ave
- 157 S Mountain Ave
- 86 Clinton Ave
- 78 Clinton Ave
- 177 Gates Ave
- 167 S Mountain Ave
- 71 Clinton Ave
- 147 S Mountain Ave
- 147 S Mountain Ave Unit 2
- 85 Clinton Ave
- 67 Clinton Ave
- 74 Clinton Ave
- 90 Porter Place