$820,000
SOLD JUL 31, 2025

196 Gates Ave Gillette, NJ 07933

4 Beds
2 Baths
1,951 Sq Ft
0.46 Acres

Recently Sold

$420 Per Sq Ft

8% Above List Price

8 Days on Market

About This Home

As of July 2025

This home is located at 196 Gates Ave, Gillette, NJ 07933 and is currently priced at $820,000, approximately $420 per square foot. This property was built in 1957. 196 Gates Ave is a home located in Morris County with nearby schools including Gillette Elementary School, Millington Elementary School, and Central Middle School.

Last Agent to Sell the Property

Theresa Filippone

COLDWELL BANKER REALTY Brokerage Phone: 908-766-0808 Listed on: 05/27/2025

COLDWELL BANKER REALTY

Last Buyer's Agent

Christian Barber

REALTY OF AMERICA

REALTY OF AMERICA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,491

Year Built

  • Built in 1957

Lot Details

  • 0.46 Acre Lot

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,491

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Year Built: 1957
  • County Name: Morris
  • Street Number Display: 196
  • I D: 5359627
  • Modified: 2025-07-31
  • Number Images: 1
  • Attribution Contact: 908-766-0808
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 4
  • Bathrooms: 2.00

Lot Info

  • Lot Size: 0.459 AC
  • Total Acres: 0.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2025
Closed on
Jul 23, 2025
Sold by
Kwok Bit Tsit and Kwok Catherine H
Bought by
Henry Ian and Vasquez Diana C
Seller's Agent
Theresa Filippone
COLDWELL BANKER REALTY
Buyer's Agent
Christian Barber
REALTY OF AMERICA
List Price
$759,000
Sold Price
$820,000
Premium/Discount to List
$61,000
8.04%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-73.66%
Original Mortgage
$738,000
Outstanding Balance
$738,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$29,092

Purchase Details

Closed on
Jun 14, 2006
Sold by
Hansen Robert
Bought by
Kwok Bit Tsit and Kwok Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 1997
Sold by
Murphy Frank A and Murphy Ronnie
Bought by
Hansen Robert A and Hansen Kerri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,550
Interest Rate
7.28%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $820,000 Chicago Title Insurance Compan
Bargain Sale Deed $820,000 Chicago Title Insurance Compan
Deed $630,000 --
Deed $263,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $738,000 New Conventional
Closed $738,000 New Conventional
Previous Owner $219,000 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $30,000 Credit Line Revolving
Previous Owner $223,550 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 Sold $820,000 +8.0% $420 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
05/29/2025 05/29/25 For Sale $759,000 -- $389 / Sq Ft
Source: Garden State MLS

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
2024 $12,491 $569,200 $250,900 $318,300
2023 $12,491 $556,400 $245,900 $310,500
2022 $12,504 $581,900 $280,900 $301,000
2021 $12,504 $530,700 $260,900 $269,800
2020 $12,859 $530,700 $260,900 $269,800
2019 $12,647 $528,700 $258,900 $269,800
2018 $12,426 $523,000 $254,900 $268,100
2017 $12,206 $518,100 $250,900 $267,200
2016 $11,984 $510,400 $245,900 $264,500
2015 $10,479 $357,400 $184,400 $173,000
2014 $10,250 $357,400 $184,400 $173,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3965383

Garden State MLS

APN: 30-13502-0000-00013