NOT LISTED FOR SALE

50 Gates Place Wayne, NJ 07470

Estimated Value: $992,000 - $1,256,000

5 Beds
3 Baths
3,521 Sq Ft
$318/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $995,000 $283 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,819/month

18 Days on Market

About This Home

As of May 2024

This home is located at 50 Gates Place, Wayne, NJ 07470 since 26 February 2024 and is currently estimated at $1,118,468, approximately $317 per square foot. This property was built in 1997. 50 Gates Place is a home located in Passaic County with nearby schools including Albert P. Terhune Elementary School, Schuyler-Colfax Middle School, and Wayne Hills High School.

Last Agent to Sell the Property

Teresa Forte

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-696-0077 Listed on: 02/26/2024

KELLER WILLIAMS PROSPERITY REALTY

Last Buyer's Agent

Teresa Forte

KELLER WILLIAMS PROSPERITY REALTY Brokerage Phone: 973-696-0077 Listed on: 02/26/2024

KELLER WILLIAMS PROSPERITY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,154

Year Built

  • Built in 1997

Lot Details

  • 1.31 Acre Lot

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,154

Year Built

Built in 1997

Lot Details

0

Listing Details

  • Year Built: 1997
  • County Name: Passaic
  • I D: 5267849
  • Attribution Contact: 973-696-0077
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 5
  • Bathrooms: 2.10

Lot Info

  • Lot Size: 1.310 AC
  • Total Acres: 1.31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2024
Closed on
May 15, 2024
Sold by
Doomany Robert F and Doomany Evelyn T
Bought by
Abdelaziz Ahmed and Stnju Nermeen
Seller's Agent
Teresa Forte
KELLER WILLIAMS PROSPERITY REALTY
Buyer's Agent
Teresa Forte
KELLER WILLIAMS PROSPERITY REALTY
List Price
$979,000
Sold Price
$995,000
Premium/Discount to List
$16,000
1.63%
Views
300
Current Estimated Value
$1,118,468

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$123,468
Avg. Annual Appreciation
8.11%
Original Mortgage
$579,975
Outstanding Balance
$572,355
Interest Rate
7.22%
Mortgage Type
FHA
Estimated Equity
$546,113

Purchase Details

Closed on
Mar 12, 2008
Sold by
Doomany Robert F and Doomany Evelyn T
Bought by
Doomany Robert F and Doomany Evelyn T

Purchase Details

Closed on
Mar 22, 1997
Sold by
Montauk Development
Bought by
Doomany Robert and Doomany Evelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

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

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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
Abdelaziz Ahmed $995,000 First American Title
Ahmed Abdelaziz $995,000 First American Title
Doomany Robert F -- --
Doomany Robert $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Abdelaziz $579,975
Closed Ahmed Abdelaziz $579,975
Previous Owner Doomany Robert $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2024 05/22/24 Sold $995,000 +1.6% $283 / Sq Ft
03/18/2024 03/18/24 Pending -- -- --
02/29/2024 02/29/24 For Sale $979,000 -- $278 / 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 $23,154 $389,400 $141,300 $248,100
2024 $22,266 $389,400 $141,300 $248,100
2023 $22,017 $389,400 $141,300 $248,100
2022 $22,017 $389,400 $141,300 $248,100
2021 $21,993 $389,400 $141,300 $248,100
2020 $21,896 $389,400 $141,300 $248,100
2019 $21,472 $389,400 $141,300 $248,100
2018 $21,281 $389,400 $141,300 $248,100
2017 $21,086 $389,400 $141,300 $248,100
2016 $20,790 $389,400 $141,300 $248,100
2015 $20,541 $389,400 $141,300 $248,100
2014 $19,961 $389,400 $141,300 $248,100
Source: Public Records

Agents Affiliated with this Home

  • Teresa Forte

    Seller's Agent in 2024

    Teresa Forte

    KELLER WILLIAMS PROSPERITY REALTY

    (201) 774-6563

    66 in this area

    302 Total Sales

    Teresa Forte
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Map

Source: Garden State MLS

MLS Number: 3887656

Garden State MLS

APN: 14-03200-0000-00039

New Jersey Passaic County Wayne 07470

50 Gates Place, Wayne, NJ

Not Listed for Sale

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