NOT LISTED FOR SALE

24 Gates Ave Montclair, NJ 07042

Estimated Value: $705,000 - $1,253,000

Studio
-- Bath
3,049 Sq Ft
$319/Sq Ft Est. Value

Last Sold May 03, 2013

Last sale price $259,000 $85 Per Sq Ft

Est. 275% increase in value since last sale

Current estimated payment $6,237/month

About This Home

As of May 2013

This home is located at 24 Gates Ave, Montclair, NJ 07042 since 03 May 2013 and is currently estimated at $972,069, approximately $318 per square foot. This property was built in 1905. 24 Gates Ave is a home located in Essex County with nearby schools including Hillside School, Nishuane School, and Bradford School.

Last Agent to Sell the Property

GLORIA DE CRUISE

ELITE REALTORS OF NEW JERSEY Brokerage Phone: 973-746-4777 Listed on: 05/03/2013

Last Buyer's Agent

LISA SIMONELLI

COLDWELL BANKER REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 5,227 Sq Ft Lot

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

5,227 Sq Ft Lot

Listing Details

  • Year Built: 1905
  • County Name: Essex
  • I D: 4231395
  • Attribution Contact: 973-746-4777
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 51X100
  • Total Acres: 0.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
May 3, 2013
Sold by
Jennings Nichelle
Bought by
South Mountain Equities Llc
Seller's Agent
GLORIA DE CRUISE
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
LISA SIMONELLI
COLDWELL BANKER REALTY
Sold Price
$259,000
Current Estimated Value
$972,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,069
Avg. Annual Appreciation
10.81%

Purchase Details

Closed on
Nov 30, 2005
Sold by
A&E Mtg Co Llc
Bought by
Jennings Nichelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$590,750
Interest Rate
10.05%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 4, 2004
Sold by
Decision One Mtg Co
Bought by
A&E Mtg Co

Purchase Details

Closed on
Feb 6, 2003
Sold by
Campbell Rohan
Bought by
Smith Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
5.99%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
South Mountain Equities Llc $259,000 --
South Mountain Equities Llc $259,000 --
Jennings Nichelle $695,000 --
A&E Mtg Co $325,000 --
Smith Sean $340,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jennings Nichelle $590,750
Previous Owner Smith Sean $323,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2013 05/03/13 Sold $259,000 -- $85 / Sq Ft
Source: Garden State MLS

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 $14,150 $415,800 $119,100 $296,700
2024 $14,054 $415,800 $119,100 $296,700
2022 $13,672 $415,800 $119,100 $296,700
2021 $13,435 $415,800 $119,100 $296,700
2020 $13,218 $415,800 $119,100 $296,700
2019 $13,081 $415,800 $119,100 $296,700
2018 $12,865 $415,800 $119,100 $296,700
2017 $9,671 $259,000 $85,400 $173,600
2016 $9,412 $259,000 $85,400 $173,600
2015 $9,132 $259,000 $85,400 $173,600
2014 $8,827 $259,000 $85,400 $173,600
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2013

    GLORIA DE CRUISE

    ELITE REALTORS OF NEW JERSEY

  • L

    Buyer's Agent in 2013

    LISA SIMONELLI

    COLDWELL BANKER REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 2939079

Garden State MLS

APN: 13-03103-0000-00010

New Jersey Essex County Montclair 07042

24 Gates Ave, Montclair, NJ

Not Listed for Sale

MultiFamily

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