NOT LISTED FOR SALE

5 Gates Place Wayne, NJ 07470

Wayne Area

Estimated Value: $1,161,277

4 Beds
3.5 Baths
2,731 Sq Ft
$425/Sq Ft Est. Value

Sale Details

Date Sold: January 29, 2016

Last sale price $785,000 $287 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,889 / mo

22 Days on Market

Highlights

  • In Ground Pool
  • Colonial Architecture
  • Wood Flooring
  • Albert P. Terhune Elementary School Rated A
  • Recreation Room
  • Jetted Tub in Primary Bathroom

About This Home

As of January 2016

WELCOME TO THIS BEAUTIFUL 4 BR COLONIAL HOME IN WAYNE. TUCKED AWAY & SITTING PRIVATELY ON A CUL DE SAC, THIS HOUSE IS SURE TO PLEASE. THE BACKYARD IS A SUMMER PARADISE WITH RESORT LIVING- MUST SEE! :) THE 1ST FLOOR FEATURES A 2 STORY ENTRANCE FOYER, FORMAL LIVING RM, DINING RM, A LARGE EAT IN KITCHEN FEATURING CENTER ISLAND/GRANITE COUNTERS/STAINLESS STEEL APPLIANCES, FAMILY RM W/ WOOD BURNING FIREPLACE, POWDER RM, LAUNDRY/MUDROOM, AND AN OFFICE (CURRENTLY USED AS A BAR). THE OPEN STAIRCASE TO THE 2ND FLOOR REVEALS A LARGE MASTER BEDROOM FEATURING 2 SPACIOUS CLOSETS AND THE MASTER BATHROOM. 3 ADDITIONAL BEDROOMS HAVE A DOUBLE CLOSET, AND A HALLWAY BATHROOM COMPLETES THIS FLOOR. THE FULL FINISHED BASEMENT FEATURES A HUGE REC AREA FOR LARGE GATHERINGS, SUMMER KITCHEN, FULL BATH, PLENTY OF STORAGE & UTILITY AREA

Last Agent to Sell the Property

Jeff Vander Molen

TERRIE O'CONNOR REALTORS Listed on: 10/27/2015

TERRIE O'CONNOR REALTORS

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

Est. Annual Taxes

  • $17,710

Year Built

  • Built in 1997

Lot Details

  • 28,314 Sq Ft Lot
  • Flag Lot

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Colonial Architecture
  • Asphalt Shingled Roof
  • Stone Siding
  • Vinyl Siding

Interior Spaces

  • Wood Burning Fireplace
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Home Office
  • Recreation Room
  • Storage Room
  • Laundry Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary bedroom located on second floor
  • En-Suite Primary Bedroom
  • Walk-In Closet
  • Powder Room
  • Jetted Tub in Primary Bathroom
  • Separate Shower

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Outdoor Features

  • In Ground Pool
  • Patio

Utilities

  • Multiple cooling system units
  • Zoned Heating and Cooling System
  • Hot Water Baseboard Heater
  • Standard Electricity
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 2514-03200-0000-00062-0000-

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,710

Year Built

Built in 1997

Lot Details

0.65 Acres

Parking

2

Listing Details

  • Style: Colonial
  • Primary Style: Colonial
  • Subproperty Type: Single Family
  • Year Built: 1997
  • Year Built Description: Approximate
  • County Name: Passaic
  • Directions: PANCAKE HOLLOW ROAD TO BRANDYWINE DRIVE TO GATES PLACE
  • I D: 4578317
  • First Name: JEFF
  • First Name3: UNKNOWN
  • Last Name: VANDER MOLEN
  • Last Name3: AGENT
  • Office Phone: 2012902103
  • Office Phone3: 973-555-5555
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Fireplace Description: Family Room, Wood Burning
  • Number of Fireplaces: 1
  • Appliances: Range/Oven-Gas, Refrigerator, Dishwasher
  • Bedrooms: 4
  • Master Bedroom Desc: Full Bath, Walk-In Closet
  • Bedroom 1 Level: Second
  • Bedroom 2 Level: Second
  • Bedroom 3 Level: Second
  • Bedroom 4 Level: Second
  • Primary Bathroom Features: Stall Shower, Jetted Tub
  • Bathrooms: 3.10
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: Yes
  • Basement Description: Full, Finished
  • Basement Level Rooms: Utility Room, Bath(s) Other, Rec Room, Storage Room, Outside Entrance
  • Dining Room Level: First
  • Dining Area: Formal Dining Room
  • Family Room Level: First
  • Kitchen Area: Center Island, Eat-In Kitchen
  • Kitchen Level: First
  • Living Room Level: First
  • Other Room 1: Office
  • Other Room1 Level: First
  • Other Room 2: Bathroom
  • Other Room2 Level: Second
  • Other Room 3: Bathroom
  • Other Room3 Level: Second
  • Other Room 4: Rec Room
  • Other Room4 Level: Basement
  • Level 1 Rooms: Foyer, Office, Living Room, Family Room, Kitchen, Dining Room, Laundry Room, Powder Room
  • Level 2 Rooms: Bath Main, 4 Or More Bedrooms, Bath(s) Other
  • Phone: 201-891-0100

Exterior Features

  • Exterior Description: Vinyl Siding, Stone
  • Exterior Features: Patio
  • Pool: Yes
  • Pool Description: In-Ground Pool
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Parking Driveway Description: Blacktop, Driveway-Exclusive

Utilities

  • Cooling: 2 Units, Central Air
  • Fuel Type: Gas-Natural
  • Heating: 1 Unit, Baseboard - Hotwater, Multi-Zone
  • Sewer: Public Sewer
  • Utilities: Electric, Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: .649 AC
  • Easement: Unknown
  • Lot Description: Flag Lot
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.65

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17710
  • Tax Amount Tax: *
  • Assessor Parcel Number: 2514-03200-0000-00062-0000-
  • Tax Rate Amount: 5.126
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2015

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 27, 2015
Closed on
Jan 29, 2016
Sold by
Wakile Richard and Wakile Katherina
Bought by
Seller's Agent
Jeff Vander Molen
TERRIE O'CONNOR REALTORS
List Price
$799,900
Sold Price
$785,000
Premium/Discount to List
-$14,900
-1.86%
Current Estimated Value
$1,161,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$376,277
Avg. Annual Appreciation
3.75%
Original Mortgage
$588,750
Outstanding Balance
$432,634
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$728,643

Purchase Details

Closed on
Dec 5, 1995
Sold by
Waters Eedge Dev Co
Bought by
Wakile Richard and Wakile Katherine
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Wayne, NJ

  • Armene Abbattista Real Estate Agent - Keller Williams Prosperity Realty

    Armene Abbattista

    Keller Williams Prosperity Realty

    (862) 881-4487

    127 Total Sales

    1 in Wayne

    $755,000 Price

    Armene Abbattista
     Section Image
  • Emily Frisch Real Estate Agent - WEICHERT REALTORS

    Emily Frisch

    WEICHERT REALTORS

    (862) 465-9040

    143 Total Sales

    1 in Wayne

    $950,000 Price

    Emily Frisch
     Section Image
  • Christopher Walsh Real Estate Agent - EXP REALTY, LLC

    Christopher Walsh

    EXP REALTY, LLC

    (848) 289-1497

    110 Total Sales

    1 in Wayne

    $455,000 Price

    Christopher Walsh
     Section Image
  • Mizell Ewing, Jr. Real Estate Agent - Coldwell Banker, Wayne

    Mizell Ewing, Jr.

    Responds Quickly

    Coldwell Banker, Wayne

    (848) 279-9296

    44 Total Sales

    2 in Wayne

    $708,000 Price Range

    Mizell Ewing, Jr.
     Section Image
  • Corey Jones Real Estate Agent - COLDWELL BANKER RESIDENTIAL BROKERAGE

    Corey Jones

    COLDWELL BANKER RESIDENTIAL BROKERAGE

    (908) 680-0076

    83 Total Sales

    1 in Wayne

    $950,000 Price

    Corey Jones
     Section Image
  • Sahar Autiero Real Estate Agent - RE/MAX Homeland Realtors

    Sahar Autiero

    RE/MAX Homeland Realtors

    (848) 279-9022

    32 Total Sales

    2 in Wayne

    $670,000 Price Range

    Sahar Autiero
     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
$785,000 Westcor Land Title Insurance
Wakile Richard $340,000 --
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
Open $588,750
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
01/29/2016 01/29/16 Sold $785,000 -1.9% $287 / Sq Ft
11/18/2015 11/18/15 Pending -- -- --
10/27/2015 10/27/15 For Sale $799,900 -- $293 / Sq Ft
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 $20,723 $345,500 $125,100 $220,400
2025 $20,723 $345,500 $125,100 $220,400
2024 $19,756 $345,500 $125,100 $220,400
2022 $19,535 $345,500 $125,100 $220,400
2021 $19,514 $345,500 $125,100 $220,400
2020 $19,427 $345,500 $125,100 $220,400
2019 $19,051 $345,500 $125,100 $220,400
2018 $18,882 $345,500 $125,100 $220,400
2017 $18,709 $345,500 $125,100 $220,400
2016 $18,446 $345,500 $125,100 $220,400
2015 $18,225 $345,500 $125,100 $220,400
2014 $17,710 $345,500 $125,100 $220,400
Source: Public Records

Agents Affiliated with this Home

  • Jeff Vander Molen Real Estate Agent - TERRIE O'CONNOR REALTORS

    Seller's Agent in 2016

    Jeff Vander Molen

    TERRIE O'CONNOR REALTORS

    (201) 290-2103

    112 Total Sales

    Jeff Vander Molen
    Section Image
See All Agents

Map

Source: Garden State MLS

MLS Number: 3262755

Garden State MLS

APN: 14-03200-0000-00062

New Jersey Passaic County Wayne 07470

5 Gates Place, Wayne, 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.