$807,500
SOLD MAR 27, 2018

24 Gates Ave Summit, NJ 07901

5 Beds
4.5 Baths
2,507 Sq Ft
10,454 Sq Ft Lot

Recently Sold

$322 Per Sq Ft

5% Below List Price

193 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • 1 Car Attached Garage
  • L C Johnson Summit Middle School Rated A+
  • Thermal Windows
  • In-Law or Guest Suite

About This Home

As of January 2023

Move right into this rare new construction offering maintenance free living in the heart of Summit! An incredible ideal open floor plan has 5 bedrooms, 4.1 baths and outstanding amenities & finishes! Beautiful hardwood floors, recessed lights and crown molding throughout. The gourmet eat-in kitchen features designer appliances and huge marble center island, & a family room with great natural light and easy access to beautiful, totally level backyard. The master bedroom suite has plenty of closet space and spa-like master bath with soaking tub & stall shower. The 2nd level has 2 additional bedrooms with a shared bath and a convenient 2nd level laundry room. Finished 3rd level & lower level have 2 additional bedrooms & recreation room. Ideally located walking distance to downtown Summit & Summit High School!

Last Agent to Sell the Property

ARLENE GORMAN GONNELLA

WEICHERT REALTORS Listed on: 08/03/2017

Last Buyer's Agent

RICHARD MELE

COLDWELL BANKER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,647

Year Built

  • Built in 2017

Lot Details

  • Sprinkler System

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Vinyl Siding
  • Tile

Interior Spaces

  • 2,507 Sq Ft Home
  • Thermal Windows
  • Family or Dining Combination
  • Recreation Room
  • Utility Room
  • Laundry Room
  • Partially Finished Basement

Kitchen

  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Wall to Wall Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • In-Law or Guest Suite
  • Soaking Tub
  • Separate Shower

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Standard Electricity
  • Water Tap or Transfer Fee
  • Gas Water Heater

Listing and Financial Details

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,647

Year Built

Built in 2017

Lot Details

0

Parking

1

Listing Details

  • Style: Townhouse-End Unit, Multi Floor Unit
  • Primary Style: Townhouse-End Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built: 2017
  • Year Built Description: Approximate
  • County Name: Union
  • Exclusions: See Listing Agent
  • Street Number Display: 24B
  • Directions: Morris Avenue to Gates Avenue
  • I D: 4736539
  • Modified: 2021-09-23
  • Number Images: 17
  • First Name: ARLENE GORMAN
  • First Name3: RICHARD
  • Last Name: GONNELLA
  • Last Name3: MELE
  • Office Phone: 973-376-4545
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Carpeting, Tile, Wood
  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher
  • Interior Amenities: TubShowr, StallShw, Walk-In Closet
  • Number Rooms: 10
  • Bedrooms: 5
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Basement
  • Primary Bathroom Features: Stall Shower, Soaking Tub
  • Bathrooms: 4.10
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Finished-Partially
  • Basement Level Rooms: 1 Bedroom, Utility Room, Bath(s) Other, Rec Room
  • Dining Room Level: First
  • Dining Area: Living/Dining Combo
  • Family Room Level: First
  • In Law Suite: Yes
  • In Law Suite Description: Bedroom 1, Full Bath
  • Kitchen Area: Center Island
  • Kitchen Dim: 11x18
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Bedroom
  • Other Room1 Dim: 16x15
  • Other Room1 Level: Third
  • Other Room 2: Rec Room
  • Other Room2 Dim: 15x21
  • Other Room2 Level: Basement
  • Level 1 Rooms: LivDinRm, Powder Room, Family Room, Kitchen
  • Level 2 Rooms: Laundry Room, 3 Bedrooms, Bath Main, Bath(s) Other
  • Level 3 Rooms: 1 Bedroom, Bath(s) Other
  • Estimated Sq Ft: 2507
  • Phone: 973-376-4545

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Underground Lawn Sprinkler, Thermal Windows/Doors
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Garage Door Opener, Attached Garage, Built-In Garage
  • Number Garage Spaces: 1
  • Parking Driveway Description: 1 Car Width

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Water Charge Extra, Public Water
  • Water Heater: Gas

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: 50X212
  • Assessed Improvement Value: 64000
  • Assessed Land Value: 113800
  • Assessment: 177800
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 25
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.24

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Tax Amount: 7647
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2918-00506-0000-00025-0000-
  • Tax Rate Amount: 4.301
  • Tax Rate Tax: *
  • Tax Rate Year: 2016
  • Tax Year Tax: *
  • Tax Year: 2016

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%
Current Estimated Value
$1,157,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,820
Avg. Annual Appreciation
4.32%
Original Mortgage
$656,000
Outstanding Balance
$547,381
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$610,439

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
Source: Public Records

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 Type Sale Price Title Company
Deed $820,000 Acres Land Title Agency Inc
Deed $479,000 --
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $656,000 New Conventional
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
2025 -- -- -- --
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: 3408912

Garden State MLS

APN: 18-00506-0000-00025