NOT LISTED FOR SALE

4 Gates Ln Montclair, NJ 07042

Estimated Value: $1,230,000 - $1,552,000

4 Beds
3 Baths
3,000 Sq Ft
$463/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $999,000 $333 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,594/month

34 Days on Market

Highlights

  • Colonial Architecture
  • Deck
  • Wooded Lot
  • Nishuane School Rated A
  • Recreation Room
  • Cathedral Ceiling

About This Home

As of October 2021

Look no further! Nestled on the exclusive private road of Gates Lane,this newer(2016!) contemporary colonial is one of only two homes on almost a half acre of wooded property-wow! The quality of workmanship & finishes combined with character & charm is unique & stunning! The open concept floor plan features multiple remote work space options,including loft space on 2nd floor! First floor bedroom & full bath ideal for au pair/inlaw suite options! Basement offers more room for expansion!High, vaulted ceilings & many "green" features include Nest Thermostats,Smart Sprinklers,& energy efficient insulation & windows!All in a serene, sylvan setting just a stone's throw to downtown Montclair & all it has to offer incl NYC train & bus!

Last Agent to Sell the Property

Lynne Mortimer

COLDWELL BANKER REALTY Listed on: 07/22/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Christian Schaefers

COMPASS NEW JERSEY LLC

COMPASS NEW JERSEY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $25,594

Year Built

  • Built in 2016

Lot Details

  • Property fronts a private road
  • Sprinkler System
  • Wooded Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Shared Driveway

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Composition Shingle
  • Tile

Interior Spaces

  • 3,000 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Thermal Windows
  • Great Room with Fireplace
  • Living Room
  • Breakfast Room
  • Family or Dining Combination
  • Recreation Room
  • Workshop
  • Storage Room
  • Utility Room
  • Wood Flooring
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House
  • Fire and Smoke Detector

Kitchen

  • Gas Oven or Range
  • Self-Cleaning Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Schools

  • Magnet Elementary And Middle School
  • Montclair High School

Utilities

  • Zoned Heating and Cooling
  • Multiple Heating Units
  • Standard Electricity
  • Water Filtration System
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1613-03001-0000-00017-0003-

Home Details

Home Type

Single Family

Est. Annual Taxes

$25,594

Year Built

Built in 2016

Lot Details

0

Parking

2

Listing Details

  • Style: Colonial, Contemporary
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 2016
  • Year Built Description: Approximate
  • County Name: Essex
  • Easements Description: see deed
  • Directions: Entrance for Gates Lane near 92 Elm St
  • I D: 5090512
  • First Name: LYNNE
  • First Name3: CHRISTIAN
  • Last Name: MORTIMER
  • Last Name3: SCHAEFERS
  • Office Phone: 973-233-2067
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Gas Fireplace, Great Room
  • Number of Fireplaces: 1
  • Appliances: Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven-Gas, Refrigerator, Self Cleaning Oven, Washer, Water Filter
  • Interior Amenities: Carbon Monoxide Detector, Cathedral Ceiling, Fire Alarm Sys, High Ceilings, Security System, Smoke Detector, StallShw, Walk-In Closet
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: First
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower
  • Bathrooms: 3.00
  • Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Finished-Partially, Full
  • Basement Level Rooms: Rec Room, Storage Room, Utility Room, Workshop
  • 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, Separate Dining Area
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Loft
  • Other Room1 Level: Second
  • Other Room 2: Rec Room
  • Other Room2 Level: Basement
  • Other Room 3: Laundry Room
  • Other Room3 Level: Second
  • Other Room 4: Foyer
  • Other Room4 Level: First
  • Level 1 Rooms: 1 Bedroom, Bath Main, Breakfast Room, Dining Room, Great Room, Kitchen, Living Room
  • Level 2 Rooms: 3 Bedrooms, Bath Main, Bath(s) Other, Laundry Room
  • Estimated Sq Ft: 3000
  • Phone: 973-233-2300

Exterior Features

  • Exterior Description: Composition Shingle
  • Exterior Features: Deck, Open Porch(es), Thermal Windows/Doors, Underground Lawn Sprinkler
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage, Garage Door Opener, Oversize Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: 2 Car Width, Blacktop, Driveway-Exclusive, Driveway-Shared

Utilities

  • Cooling: 2 Units, Central Air, Multi-Zone Cooling
  • Fuel Type: Gas-Natural
  • Heating: 2 Units
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Schools

  • High School: MONTCLAIR
  • Middle Jr High School: MAGNET

Lot Info

  • Lot Size: 135X136 IRR
  • Easement: Yes
  • Lot Description: Private Road, Wooded Lot
  • Lot I D Tax: *
  • Lot Size Tax: *

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 25594
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-03001-0000-00017-0003-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.179
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2020

MLS Schools

  • Grade School: MAGNET

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
Caso Shawn C
Bought by
Badhwar Sudhanshu and Jain Manisha
Current Estimated Value
$1,401,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$799,200
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 13, 2018
Closed on
Aug 28, 2018
Sold by
James Earle
Bought by
Caso Shawn
Seller's Agent
Ceil Adkins
C-21 GEMINI, LLC.
Buyer's Agent
ANN MARIE COSCIONE
BHHS FOX & ROACH
List Price
$899,000
Sold Price
$905,000
Premium/Discount to List
$6,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$741,200
Interest Rate
4.51%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Badhwar Sudhanshu $999,000 Title Agency Of Nj Inc
Caso Shawn $905,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Badhwar Sudhanshu $799,200
Previous Owner Caso Shawn $741,200
Previous Owner Caso Shawn --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $999,000 +3.0% $333 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $969,900 -2.9% $323 / Sq Ft
08/15/2021 08/15/21 Off Market $999,000 -- --
07/23/2021 07/23/21 For Sale $969,900 +7.2% $323 / Sq Ft
08/17/2018 08/17/18 Sold $905,000 +0.7% -- View Prior Sale
07/20/2018 07/20/18 Pending -- -- --
06/13/2018 06/13/18 For Sale $899,000 +3.3% --
01/17/2017 01/17/17 Sold $870,000 -1.0% $290 / Sq Ft View Prior Sale
11/30/2016 11/30/16 Pending -- -- --
11/24/2016 11/24/16 For Sale $879,000 -- $293 / 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 $27,212 $805,100 $192,800 $612,300
2024 $27,212 $805,100 $192,800 $612,300
2022 $26,472 $805,100 $192,800 $612,300
2021 $26,013 $805,100 $192,800 $612,300
2020 $25,594 $805,100 $192,800 $612,300
2019 $25,328 $805,100 $192,800 $612,300
2018 $24,910 $805,100 $192,800 $612,300
2017 $13,633 $365,100 $215,100 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3729323

Garden State MLS

APN: 13-03001-0000-00017-03