NOT LISTED FOR SALE

40 Gates Ave Montclair, NJ 07042

Montclair Area

Estimated Value: $1,424,610

5 Beds
4 Baths
2,851 Sq Ft
$500/Sq Ft Est. Value

Sale Details

Date Sold: October 10, 2014

Last sale price $689,000 $242 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $9,645 / mo

About This Home

As of October 2014

This home is located at 40 Gates Ave, Montclair, NJ 07042 since 10 October 2014 and is currently estimated at $1,424,610, approximately $499 per square foot. This property was built in 1907. 40 Gates Ave is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

Last Agent to Sell the Property

KAREN ANN KOSTIW

ELITE REALTORS OF NEW JERSEY Brokerage Phone: 973-994-9009 Listed on: 10/10/2014

ELITE REALTORS OF NEW JERSEY

Last Buyer's Agent

PATRICIA O NEILL

PROMINENT PROPERTIES SIR

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1907

Lot Details

  • 7,841 Sq Ft Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Details

Home Type

Single Family

Year Built

Built in 1907

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Year Built: 1907
  • County Name: Essex
  • I D: 4468432
  • Attribution Contact: 973-994-9009
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 3.10

Lot Info

  • Lot Size: 53X146
  • Total Acres: 0.18

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
Oct 10, 2014
Closed on
Oct 8, 2014
Sold by
40 Gates Owners Llc
Bought by
Seller's Agent
KAREN ANN KOSTIW
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
PATRICIA O NEILL
PROMINENT PROPERTIES SIR
Sold Price
$689,000
Current Estimated Value
$1,424,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$735,610
Avg. Annual Appreciation
6.27%

Purchase Details

Listed on
Oct 10, 2014
Closed on
Oct 3, 2014
Sold by
40 Gates Owners Llc
Bought by
Novinson Carol B and Novinson N
Seller's Agent
KAREN ANN KOSTIW
ELITE REALTORS OF NEW JERSEY
Buyer's Agent
PATRICIA O NEILL
PROMINENT PROPERTIES SIR
Sold Price
$689,000

Purchase Details

Listed on
Oct 23, 2012
Closed on
Oct 12, 2012
Sold by
Haven Savings Bank
Bought by
40 Gates Owners Llc
Seller's Agent
Don Fanelli
COLDWELL BANKER REALTY
Buyer's Agent
Jerry Sahlman
VILLAGE SQUARE REALTORS
Sold Price
$300,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
52.84%
Original Mortgage
$325,000
Interest Rate
3.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 12, 2012
Sold by
Ward Jannet and Salazar Gladys
Bought by
Haven Savings Bank

Purchase Details

Closed on
Aug 30, 2001
Sold by
Davidson Thomas
Bought by
Ward Jannet
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Montclair, NJ

  • Lizette Brown Real Estate Agent - Compass New Jersey, LLC-Montclair

    Lizette Brown

    Compass New Jersey, LLC-Montclair

    (862) 325-9587

    50 Total Sales

    6 in Montclair

    $455K - $1.2M Price Range

    Lizette Brown
     Section Image
  • Mackenson Bonnet Real Estate Agent - WEICHERT REALTORS

    Mackenson Bonnet

    WEICHERT REALTORS

    (862) 272-3446

    63 Total Sales

    2 in Montclair

    $545,000 Price Range

    Mackenson Bonnet
     Section Image
  • Francesco Mazzaferro Real Estate Agent - Compass New Jersey, LLC-Jersey City

    Francesco Mazzaferro

    Compass New Jersey, LLC-Jersey City

    (973) 406-4081

    239 Total Sales

    3 in Montclair

    $235K - $260K Price Range

    Francesco Mazzaferro
     Section Image
  • Paul K. Bryant Real Estate Agent - Coldwell Banker, Hoboken

    Paul K. Bryant

    Responds Quickly

    Coldwell Banker, Hoboken

    (862) 325-5277

    108 Total Sales

    4 in Montclair

    $1,340,000 Price Range

    Paul K. Bryant
     Section Image
  • Mark Slade Real Estate Agent - KELLER WILLIAMS MID-TOWN DIRECT REALTY

    Mark Slade

    KELLER WILLIAMS MID-TOWN DIRECT REALTY

    (844) 802-1554

    153 Total Sales

    2 in Montclair

    $1.2M - $1.5M Price Range

    Mark Slade
     Section Image
  • Robert Bailey-Lemansky Real Estate Agent - Keller Williams Suburban Realty

    Robert Bailey-Lemansky

    Keller Williams Suburban Realty

    (862) 217-5531

    38 Total Sales

    1 in Montclair

    $235,000 Price

    Robert Bailey-Lemansky
     Section Image
See All Agents

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
$689,000 --
Castello Frank $689,000 --
Novinson Carol B $689,000 --
40 Gates Owners Llc $300,000 None Available
Haven Savings Bank -- None Available
Ward Jannet $265,000 --
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
Previous Owner $325,000
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 Prior Sale
10/10/2014 10/10/14 Sold $689,000 +129.7% $242 / Sq Ft
10/23/2012 10/23/12 Sold $300,000 -- $105 / Sq Ft View Prior Sale
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 $18,491 $525,900 $129,800 $396,100
2025 $18,491 $525,900 $129,800 $396,100
2024 $17,775 $525,900 $129,800 $396,100
2022 $17,292 $525,900 $129,800 $396,100
2021 $16,992 $525,900 $129,800 $396,100
2020 $16,718 $525,900 $129,800 $396,100
2019 $16,545 $525,900 $129,800 $396,100
2018 $16,271 $525,900 $129,800 $396,100
2017 $17,561 $470,300 $96,700 $373,600
2016 $17,091 $470,300 $96,700 $373,600
2015 $16,583 $470,300 $96,700 $373,600
2014 $16,028 $426,200 $96,700 $329,500
Source: Public Records

Agents Affiliated with this Home

  • KAREN ANN KOSTIW Real Estate Agent - ELITE REALTORS OF NEW JERSEY

    Seller's Agent in 2014

    KAREN ANN KOSTIW

    ELITE REALTORS OF NEW JERSEY

    (917) 524-4152

    2 Total Sales

    KAREN ANN KOSTIW
    Section Image

  • PO

    Buyer's Agent in 2014

    PATRICIA O NEILL

    PROMINENT PROPERTIES SIR

  • DF

    Seller's Agent in 2012

    Don Fanelli

    COLDWELL BANKER REALTY

    (973) 632-1449

    24 Total Sales

    Don Fanelli
    Section Image

  • JS

    Buyer's Agent in 2012

    Jerry Sahlman

    VILLAGE SQUARE REALTORS

    (973) 979-2222

    14 Total Sales

    Jerry Sahlman
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3162495

Garden State MLS

APN: 13-03109-0000-00018

New Jersey Essex County Montclair 07042

40 Gates Ave, Montclair, NJ

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.