NOT LISTED FOR SALE

24 Gates Ave Summit, NJ 07901

Estimated Value: $1,079,307

5 Beds
4.5 Baths
768 Sq Ft
0.25 Acres

Last Sold January 17, 2023

Last sale price $849,000 $1,105 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $7,063/month

43 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Butlers Pantry
  • L C Johnson Summit Middle School Rated A+
  • High Ceiling
  • 1 Car Attached Garage

About This Home

As of January 2023

Young Construction Townhome at it's finest! Don't look any further, your home sweet home is here. Located down the block from Summit Top Elementary Washington School. .8 miles to the bustling downtown full of shops, restaurants, action and easy NYC commute. First floor open concept allows for a comfortable flow to entertain in or outdoors. With hardwood floors throughout the home, the eat-in custom kitchen offers stainless steel appliances, center island with ample countertop seating/pendant lighting, open to the spacious family room and dining area. Perfectly located powder room rounds out the 1st floor. Second level boasts a master suite w/large dual closets, spacious master-bath w/dual sinks, rain shower, and soaking tub to unwind. Two more beautiful Jack and Jill bedrooms w/terrific closet space adorn the second floor with full bathroom (with bathtub). A perfectly located 2nd level laundry room and linen closet round out the 2nd floor. The 3rd floor offers the 4th bedroom w/full bathroom and ample storage space. Basement level boasts a space for rec room/gym/wine cellar, whatever your heart desires, plus the 5th bedroom and full bathroom, and let's not forget plenty of storage space. The fully fenced in backyard rounds out the home w/a patio, gas hookup and firepit area, and plenty of space to entertain. Garage is attached to home for convenience. All kitchen appliances, HVAC, HWH, Roof, all 6 years young. Welcome Home!

Last Listed By

AMY BURAKOVSKY

KELLER WILLIAMS REALTY Brokerage Phone: 973-886-5432 Listed on: 10/13/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,979

Year Built

  • Built in 2018

Lot Details

  • 0.25

Parking

  • 1 Car Attached Garage
  • Private Driveway
  • Additional Parking
  • Off-Street Parking

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • High Ceiling
  • Window Treatments
  • Entrance Foyer
  • Family or Dining Combination
  • Recreation Room
  • Storage Room
  • Utility Room
  • Finished Basement
  • Garage Access

Kitchen

  • Eat-In Kitchen
  • Butlers Pantry
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • Walk-In Closet
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Schools

  • Washington Elementary School
  • Summit Middle School
  • Summit High School

Utilities

  • Forced Air Heating and Cooling System
  • Underground Utilities
  • Gas Water Heater

Additional Features

  • Patio
  • Privacy Fence

Listing and Financial Details

  • Assessor Parcel Number 2918-00506-0000-00025-0000-C0001
  • Tax Block *

Community Details

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,979

Year Built

Built in 2018

Lot Details

0

Parking

1

Listing Details

  • Style: Multi Floor Unit, Townhouse-End Unit
  • Primary Style: Multi Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Community Living: Yes
  • Year Built: 2018
  • Year Built Description: Approximate
  • County Name: Union
  • Street Number Display: 24
  • Directions: Morris Avenue to Gates Avenue
  • I D: 5184610
  • Modified: 2024-01-18
  • Number Images: 29
  • First Name: AMY
  • First Name3: ERIKA
  • Last Name: BURAKOVSKY
  • Last Name3: SIRABIAN
  • Office Phone: 973-886-5432
  • Office Phone3: 908-723-2101
  • Attribution Contact: 973-886-5432
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Stone, Tile, Wood
  • Appliances: Dishwasher, Disposal, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Washer
  • Interior Amenities: Carbon Monoxide Detector, Fire Alarm Sys, Fire Extinguisher, High Ceilings, Smoke Detector, SoakTub, Window Treatments
  • Number Rooms: 8
  • Bedrooms: 5
  • Master Bedroom Desc: Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Third
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished
  • Basement Level Rooms: 1 Bedroom, Bath(s) Other, Rec Room, Utility Room
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen, Pantry
  • Kitchen Dim: 19x11
  • Kitchen Level: First
  • Other Room 1: Rec Room
  • Other Room1 Dim: 20x14
  • Other Room1 Level: Basement
  • Other Room 2: Bedroom/Office
  • Other Room2 Dim: 14x10
  • Other Room2 Level: Basement
  • Level 1 Rooms: Foyer, GarEnter, Kitchen, LivDinRm, Pantry, Powder Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other, Storage Room, Utility Room
  • Phone: 908-273-2991

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Patio, Privacy Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width, Additional Parking, Driveway-Exclusive, Off-Street Parking

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: All Underground
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Maintenance Fee Frequency: Monthly

Schools

  • Elementary School: Washington
  • Middle School: Summit MS
  • High School: Summit HS
  • High School: Summit HS
  • Middle Jr High School: Summit MS

Lot Info

  • Lot Size: 60x212
  • Assessed Improvement Value: 243300
  • Assessed Land Value: 103700
  • Assessment: 347000
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 25
  • Lot I D Tax: *
  • Total Acres: 0.25

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 14979
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-00506-0000-00025-0000-C0001
  • Assessor Parcel Number: *
  • Tax Rate Amount: 4.317
  • Tax Rate Tax: *
  • Tax Rate Year: 2021
  • Tax Year Tax: *
  • Tax Year: 2021

MLS Schools

  • Grade School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2016
Closed on
Jul 27, 2017
Sold by
24 Gates Llc
Bought by
Mcgovern Kevin K and Della Penta Nicole P
Seller's Agent
SUSAN ADLER
KELLER WILLIAMS REALTY
Buyer's Agent
AMY BURAKOVSKY
KELLER WILLIAMS REALTY
List Price
$850,000
Sold Price
$820,000
Premium/Discount to List
-$30,000
-3.53%
Total Days on Market
43
Current Estimated Value
$1,079,307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$259,307
Avg. Annual Appreciation
3.51%
Original Mortgage
$656,000
Outstanding Balance
$560,250
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$510,978

Purchase Details

Listed on
Sep 11, 2015
Closed on
Aug 20, 2015
Sold by
Piana Gladys
Bought by
24 Gates Llc
Buyer's Agent
ELAINE PRUZON
PROMINENT PROPERTIES SIR
Sold Price
$479,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.31%

Purchase Details

Closed on
Apr 16, 2007
Sold by
Piana Robert J and Piana Gladys
Bought by
Piana Gladys

Purchase Details

Closed on
Aug 5, 1997
Sold by
Sofie Irma
Bought by
Sofie John F and Irma Sofie Qualified Personal Residence

Range of Values:

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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
Mcgovern Kevin K $820,000 Acres Land Title Agency Inc
24 Gates Llc $479,000 --
Piana Gladys -- None Available
Sofie John F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgovern Kevin K $656,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2023 01/17/23 Sold $849,000 0.0% $1,105 / Sq Ft
11/25/2022 11/25/22 Pending -- -- --
11/02/2022 11/02/22 Price Changed $849,000 -5.6% $1,105 / Sq Ft
10/13/2022 10/13/22 For Sale $899,000 +11.3% $1,171 / Sq Ft
03/27/2018 03/27/18 Sold $807,500 -1.5% $322 / Sq Ft
02/12/2018 02/12/18 Pending -- -- --
08/11/2017 08/11/17 Sold $820,000 -3.5% $1,068 / Sq Ft
08/03/2017 08/03/17 For Sale $850,000 0.0% $339 / Sq Ft
01/27/2017 01/27/17 Pending -- -- --
10/24/2016 10/24/16 For Sale $850,000 +77.5% $1,107 / Sq Ft
09/11/2015 09/11/15 Sold $479,000 -- $624 / 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 -- $0 $0 $0
2023 -- $0 $0 $0
2022 $0 $0 $0 $0
2021 $7,761 $0 $0 $0
2020 $0 $0 $0 $0
2019 $7,761 $0 $0 $0
2018 $0 $0 $0 $0
2017 $7,761 $177,800 $113,800 $64,000
2016 $7,647 $177,800 $113,800 $64,000
2015 $7,498 $177,800 $113,800 $64,000
2014 $7,304 $177,800 $113,800 $64,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3812440

Garden State MLS

APN: 18-00506-0000-00025