NOT LISTED FOR SALE

56 Gates Ave Unit 4 Montclair, NJ 07042

Estimated Value: $336,884 - $602,000

2 Beds
1 Bath
-- Sq Ft
$230/mo HOA Fee

Last Sold January 09, 2020

Last sale price $300,000

Est. 40% increase in value since last sale

Current estimated payment $3,093/month

62 Days on Market

Highlights

  • Attic
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Nishuane School Rated A
  • 1-Story Property
  • Family or Dining Combination

About This Home

As of January 2020

Move into this two bedroom Montclair condo. Updated kitchen with European cabinets and marble countertops. Updated bath with skylight and soaking tub.Central A/C. One car garage parking.Add'l pkg Washer/dryer in unit.Storage unit in basement. Shared yard. Low maintenance. Walk to NY train, bus, shops and restaurants. *Also for rent*

Last Agent to Sell the Property

lisa dennin

BROWN HARRIS STEVENS NEW JERSEY Listed on: 10/08/2019

BROWN HARRIS STEVENS NEW JERSEY

Last Buyer's Agent

Nancy Chu

KELLER WILLIAMS - NJ METRO GROUP

KELLER WILLIAMS - NJ METRO GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,580

Year Built

  • Built in 1985

Lot Details

  • 0.37

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Siding
  • Stone Siding

Interior Spaces

  • 1-Story Property
  • Family or Dining Combination
  • Attic
  • Unfinished Basement

Kitchen

  • Electric Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Standard Electricity
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 1613-03001-0000-00060-0000-C0004
  • Tax Block *

Community Details

Overview

  • Association fees include maintenance-exterior, maintenance-common area

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,580

Year Built

Built in 1985

Lot Details

0

HOA Fees

$230 per month

Parking

1

Listing Details

  • Style: One Floor Unit
  • Primary Style: One Floor Unit
  • Subproperty Type: Condo/Coop/Townhouse
  • Year Built: 1985
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 56
  • Directions: Bloomfield ave to Gates
  • I D: 4934226
  • Modified: 2021-09-23
  • Number Images: 24
  • Section Subdiv Development: south GAte Condos
  • First Name: LISA A.
  • First Name3: NANCY
  • Last Name: DENNIN
  • Last Name3: CHU
  • Office Phone: 973 744-6033 x 131
  • Office Phone3: 917-699-3785
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Appliances: Range/Oven-Electric, Refrigerator, Washer, Dishwasher, Disposal, Dryer
  • Number Rooms: 4
  • Bedrooms: 2
  • Bathrooms: 1.00
  • Full Bathrooms: 1
  • Basement: Yes
  • Basement Description: Unfinished
  • Dining Room Level: Second
  • Dining Area: Living/Dining Combo
  • Kitchen Area: Not Eat-In Kitchen
  • Kitchen Dim: 8x9
  • Kitchen Level: Second
  • Living Room Dim: 17x17
  • Living Room Level: Second
  • Level 2 Rooms: 2 Bedrooms, LivDinRm, Attic, Kitchen
  • Phone: 973-744-6033

Exterior Features

  • Exterior Description: Stone, Wood
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Built-In Garage
  • Number Garage Spaces: 1
  • Number Parking Spaces: 2
  • Parking Driveway Description: Concrete

Utilities

  • Cooling: 1 Unit, Central Air
  • Fuel Type: Electric
  • Heating: 1 Unit, Forced Hot Air
  • Sewer: Sewer Charge Extra
  • Utilities: Electric
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • Association Maintenance Fee: 230
  • Association Maintenance Fee Frequency: Monthly
  • Association Maintenance Fee Includes: Maintenance-Exterior, Maintenance-Common Area

Lot Info

  • Lot Size: 100X159 IRR
  • Assessed Improvement Value: 95000
  • Assessed Land Value: 150000
  • Assessment: 245000
  • Easement: Unknown
  • Lot Description: Level Lot
  • Lot Identifier: 60
  • Lot I D Tax: *
  • Lot Size Tax: *

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 7580
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1613-03001-0000-00060-0000-C0004
  • Tax Rate Amount: 3.094
  • Tax Rate Tax: *
  • Tax Rate Year: 2018
  • Tax Year Tax: *
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2023
Sold by
Cortivo Richard J Dal and Cortivo Chelsea
Bought by
Oktem Sinan and Oktem Bertan
Current Estimated Value
$419,721

Purchase Details

Closed on
May 16, 2005
Sold by
Scheifler Ryan
Bought by
Silkensen Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
5.83%
Source: Public Records

Range of Values:

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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
Oktem Sinan $285,000 None Listed On Document
Silkensen Brian $220,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Silkensen Brian $176,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2020 01/09/20 Sold $300,000 -4.8% --
12/09/2019 12/09/19 Pending -- -- --
10/08/2019 10/08/19 For Sale $315,000 -- --
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 $7,656 $212,700 $150,000 $62,700
2024 $7,656 $212,700 $150,000 $62,700
2022 $7,447 $226,500 $150,000 $76,500
2021 $7,318 $226,500 $150,000 $76,500
2020 $7,200 $226,500 $150,000 $76,500
2019 $7,126 $226,500 $150,000 $76,500
2018 $7,008 $226,500 $150,000 $76,500
2017 $6,650 $178,100 $90,000 $88,100
2016 $6,472 $178,100 $90,000 $88,100
2015 $6,280 $178,100 $90,000 $88,100
2014 $6,070 $178,100 $90,000 $88,100
Source: Public Records

Agents Affiliated with this Home

  • l

    Seller's Agent in 2020

    lisa dennin

    BROWN HARRIS STEVENS NEW JERSEY

    (973) 744-6033

    7 in this area

    44 Total Sales

    lisa dennin
    Section Image
  • Nancy Chu

    Buyer's Agent in 2020

    Nancy Chu

    KELLER WILLIAMS - NJ METRO GROUP

    (917) 699-3785

    63 in this area

    351 Total Sales

    Nancy Chu
    Section Image
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Map

Source: Garden State MLS

MLS Number: 3593242

Garden State MLS

APN: 13-03001-0000-00060-0000-C0005

New Jersey Essex County Montclair 07042

56 Gates Ave Unit 4, Montclair, NJ

This home is located at 56 Gates Ave Unit 4, Montclair, NJ 07042 since 08 October 2019 and is currently estimated at $419,721. This property was built in 1985. 56 Gates Ave Unit 4 is a home located in Essex County with nearby schools including Nishuane School, Hillside School, and Bradford School.

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