NOT LISTED FOR SALE

23 Gates Ave Summit, NJ 07901

Summit Area

Estimated Value: $959,000 - $1,081,112

Studio
-- Baths
-- Sq Ft
9,148 Sq Ft Lot

Sale Details

Date Sold: September 17, 2021

Last sale price $635,000

Est. 60% increase in value since last sale

Current estimated payment $6,474 / mo

32 Days on Market

About This Home

As of September 2021

This home is located at 23 Gates Ave, Summit, NJ 07901 since 08 July 2021 and is currently estimated at $1,014,528. This property was built in 1955. 23 Gates Ave 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.

Last Agent to Sell the Property

Donna Mattina

COLDWELL BANKER REALTY Brokerage Phone: 973-377-4444 Listed on: 07/08/2021

COLDWELL BANKER REALTY

Co-Listed By

PEGGY LEE PETERSON

COLDWELL BANKER REALTY Brokerage Phone: 973-377-4444

Last Buyer's Agent

Alyssa Pereira

COLDWELL BANKER REALTY

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 9,148

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

9,148 Sq Ft Lot

Listing Details

  • Year Built: 1955
  • County Name: Union
  • I D: 5086248
  • Attribution Contact: 973-377-4444
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 59X155

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
Jul 8, 2021
Closed on
Sep 10, 2021
Sold by
Reimers Linda Anne and Granato Rosemary T
Bought by
Seller's Agent
Donna Mattina
COLDWELL BANKER REALTY
Buyer's Agent
Alyssa Pereira
COLDWELL BANKER REALTY
List Price
$765,000
Sold Price
$635,000
Premium/Discount to List
-$130,000
-16.99%
Current Estimated Value
$1,014,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$379,528
Avg. Annual Appreciation
9.91%
Original Mortgage
$476,250
Outstanding Balance
$424,761
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$589,767

Purchase Details

Closed on
Jan 28, 2020
Sold by
Reimers Linda
Bought by
Granato Rosemary T

Purchase Details

Closed on
Jun 3, 2019
Sold by
Granato Rosemary T
Bought by
Reimers Linda and Granato Rosemary T
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Summit, NJ

  • Antje Virostek Real Estate Agent - RE/MAX SELECT - Rockaway

    Antje Virostek

    RE/MAX SELECT - Rockaway

    (551) 244-7405

    47 Total Sales

    1 in Summit

    $385,000 Price

    Antje Virostek
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  • Pamela 'Jill' Sockwell Real Estate Agent - COMPASS NEW JERSEY, LLC

    Pamela 'Jill' Sockwell

    COMPASS NEW JERSEY, LLC

    (917) 634-3370

    140 Total Sales

    2 in Summit

    $805K - $999K Price Range

    Pamela 'Jill' Sockwell
     Section Image
  • Tricia Himawan Real Estate Agent - Weichert Realtors, Short Hills

    Tricia Himawan

    Weichert Realtors, Short Hills

    (862) 292-9012

    33 Total Sales

    1 in Summit

    $1,815,000 Price

    Tricia Himawan
     Section Image
  • Victoria Cannizzo Real Estate Agent - REAL

    Victoria Cannizzo

    REAL

    (862) 829-3427

    85 Total Sales

    4 in Summit

    $465K - $1.7M Price Range

    Victoria Cannizzo
     Section Image
  • Sean Quinn Real Estate Agent - COMPASS NEW JERSEY, LLC

    Sean Quinn

    COMPASS NEW JERSEY, LLC

    (862) 860-1996

    46 Total Sales

    1 in Summit

    $520,000 Price

    Sean Quinn
     Section Image
  • Jazmine Clausen-Soir Real Estate Agent - BHGRE ELITE

    Jazmine Clausen-Soir

    BHGRE ELITE

    (848) 283-6635

    60 Total Sales

    2 in Summit

    $722,000 Price Range

    Jazmine Clausen-Soir
     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
$635,000 New Millennium Title Agency
Granato Rosemary T -- None Available
Reimers Linda -- None Available
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 $476,250
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
09/17/2021 09/17/21 Sold $635,000 +6.0% --
08/09/2021 08/09/21 Pending -- -- --
07/23/2021 07/23/21 Price Changed $599,000 -16.2% --
07/21/2021 07/21/21 Price Changed $714,999 -6.5% --
07/08/2021 07/08/21 For Sale $765,000 -- --
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 $10,507 $235,000 $110,500 $124,500
2025 $10,507 $235,000 $110,500 $124,500
2024 $10,168 $235,000 $110,500 $124,500
2023 $10,168 $235,000 $110,500 $124,500
2022 $10,065 $235,000 $110,500 $124,500
2021 $10,145 $235,000 $110,500 $124,500
2020 $10,246 $235,000 $110,500 $124,500
2019 $10,258 $235,000 $110,500 $124,500
2018 $10,192 $235,000 $110,500 $124,500
2017 $10,258 $235,000 $110,500 $124,500
2016 $10,107 $235,000 $110,500 $124,500
2015 $9,660 $235,000 $110,500 $124,500
2014 $9,404 $235,000 $110,500 $124,500
Source: Public Records

Agents Affiliated with this Home

  • Donna Mattina Real Estate Agent - COLDWELL BANKER REALTY

    Seller's Agent in 2021

    Donna Mattina

    COLDWELL BANKER REALTY

    (973) 214-2929

    43 Total Sales

    Donna Mattina
    Section Image

  • PP

    Seller Co-Listing Agent in 2021

    PEGGY LEE PETERSON

    COLDWELL BANKER REALTY

  • Alyssa Pereira Real Estate Agent - COLDWELL BANKER REALTY

    Buyer's Agent in 2021

    Alyssa Pereira

    COLDWELL BANKER REALTY

    (908) 688-3311

    34 Total Sales

    Alyssa Pereira
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Map

Source: Garden State MLS

MLS Number: 3726088

Garden State MLS

APN: 18-00505-0000-00010

New Jersey Union County Summit 07901

23 Gates Ave, Summit, NJ

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