NOT LISTED FOR SALE

56 Gates Ave Montclair, NJ 07042

Estimated Value: $611,108

1 Bed
1 Bath
-- Sq Ft
1985 Built

Last Sold December 18, 2023

Last sale price $285,000

Est. 114% increase in value since last sale

Current estimated payment $3,854/month

13 Days on Market

About This Home

As of December 2023

This home is located at 56 Gates Ave, Montclair, NJ 07042 since 15 November 2023 and is currently estimated at $611,108. This property was built in 1985. 56 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

Vanessa Pollock

KELLER WILLIAMS REALTY Brokerage Phone: 908-273-2991 Listed on: 11/15/2023

KELLER WILLIAMS REALTY

Last Buyer's Agent

GARY BARS

KELLER WILLIAMS TEAM REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1985

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Home Details

Home Type

Single Family

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Year Built: 1985
  • County Name: Essex
  • I D: 5255438
  • Attribution Contact: 908-273-2991
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Bedrooms: 1
  • Bathrooms: 1.00

Lot Info

  • Lot Size: 100X159 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2016
Closed on
Apr 15, 2016
Sold by
Lampert Daniel J and Harrison Elliot
Bought by
Harrison Elliot and Tortorello Heather
Seller's Agent
Russel Barling
COLDWELL BANKER REALTY
Buyer's Agent
TRACY NIX
PROMINENT PROPERTIES SIR
List Price
$372,500
Sold Price
$380,000
Premium/Discount to List
$7,500
2.01%
Current Estimated Value
$611,108

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,108
Avg. Annual Appreciation
4.97%

Purchase Details

Closed on
Aug 17, 2000
Sold by
Atkins Cynthia A
Bought by
Young Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
8.13%

Purchase Details

Closed on
Mar 1, 1999
Sold by
Allen Patricia J
Bought by
Kokuma Theodora
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
Harrison Elliot $380,000 Prestige Title Agency Inc
Young Joy $100,000 --
Kokuma Theodora $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Joy $80,000
Closed Harrison Elliot --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/18/2023 12/18/23 Sold $285,000 +4.0% --
11/28/2023 11/28/23 Pending -- -- --
11/15/2023 11/15/23 For Sale $274,000 -7.1% --
09/02/2016 09/02/16 Sold $295,000 -10.3% -- View Prior Sale
06/29/2016 06/29/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $329,000 -13.4% --
04/15/2016 04/15/16 Sold $380,000 +2.0% -- View Prior Sale
02/26/2016 02/26/16 Pending -- -- --
02/18/2016 02/18/16 For Sale $372,500 -- --
Source: Garden State MLS

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 -- $150,000 $150,000 --
2024 -- $150,000 $150,000 $0
2022 -- $150,000 $150,000 $0
2021 $0 $150,000 $150,000 $0
2020 $0 $150,000 $150,000 $0
2019 $0 $150,000 $150,000 $0
2018 $0 $150,000 $150,000 $0
2017 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Garden State MLS

MLS Number: 3874666

Garden State MLS

APN: 13-03001-0000-00060