NOT LISTED FOR SALE

561 Mountain Ave Gillette, NJ 07933

Estimated Value: $790,000 - $908,000

1.61 Acres
$530,140 Price per Acre
70,132 Sq Ft Lot

Last Sold October 06, 2016

Last sale price $525,000

Est. 63% increase in value since last sale

Current estimated payment $5,942/month

167 Days on Market

About This Lot

As of October 2016

This home is located at 561 Mountain Ave, Gillette, NJ 07933 since 21 March 2016 and is currently estimated at $853,525. 561 Mountain Ave is a home located in Morris County with nearby schools including Gillette Elementary School, Millington Elementary School, and Central Middle School.

Co-Listed By

David Burke

RE/MAX PREMIER Brokerage Phone: 908-754-1500

RE/MAX PREMIER

Last Buyer's Agent

ROBERT MASSULLI

RED BARN REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $15,495

Lot Details

  • 1.61 Acre Lot

Property Details

Property Type

Land

Est. Annual Taxes

$15,495

Lot Details

0

Listing Details

  • County Name: Morris
  • I D: 4609941
  • Modified: 2021-09-23
  • Attribution Contact: 908-754-1500
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Total Acres: 1.61

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 25, 2025
Sold by
Bce Homes Inc
Bought by
Elshamy Aber M
Current Estimated Value
$853,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$600,000
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$253,525

Purchase Details

Closed on
Jan 17, 2024
Sold by
B-B Investment Properties Inc
Bought by
Bce Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,500
Interest Rate
6.94%
Mortgage Type
Construction

Purchase Details

Listed on
Mar 21, 2016
Closed on
Oct 5, 2016
Sold by
Messina Ann Marie
Bought by
B&B Investment Properties Llc
Buyer's Agent
ROBERT MASSULLI
RED BARN REALTY
List Price
$719,000
Sold Price
$525,000
Premium/Discount to List
-$194,000
-26.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.62%

Purchase Details

Closed on
May 7, 1981
Bought by
Messina Frank and Ann Marie
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Elshamy Aber M -- First American Title Insurance
Elshamy Aber M -- First American Title Insurance
Bce Homes Inc $750,000 Old Republic Title
B&B Investment Properties Llc $525,000 First American Title
Messina Frank -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elshamy Aber M $600,000
Closed Elshamy Aber M $600,000
Previous Owner Bce Homes Inc $647,500
Previous Owner Messina Frank D $271,450
Previous Owner Messina Frank D $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/06/2016 10/06/16 Sold $525,000 -27.0% --
09/04/2016 09/04/16 Pending -- -- --
03/21/2016 03/21/16 For Sale $719,000 -- --
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
2024 $15,495 $703,600 $411,500 $292,100
2023 $15,495 $690,200 $406,500 $283,700
2022 $13,057 $570,000 $406,500 $163,500
2021 $13,057 $529,900 $384,000 $145,900
2020 $12,839 $529,900 $384,000 $145,900
2019 $12,606 $527,000 $381,500 $145,500
2018 $12,374 $520,800 $376,500 $144,300
2017 $12,251 $520,000 $376,500 $143,500
2016 $13,726 $584,600 $338,900 $245,700
2015 $11,508 $392,500 $189,900 $202,600
2014 $11,257 $392,500 $189,900 $202,600
Source: Public Records

Agents Affiliated with this Home

  • David Burke

    Seller Co-Listing Agent in 2016

    David Burke

    RE/MAX

    (908) 566-6990

    1 in this area

    141 Total Sales

    David Burke
    Section Image

  • R

    Buyer's Agent in 2016

    ROBERT MASSULLI

    RED BARN REALTY

See All Agents

Map

Source: Garden State MLS

MLS Number: 3291584

Garden State MLS

APN: 30-10801-0000-00001

New Jersey Morris County Gillette 07933

561 Mountain Ave, Gillette, NJ

This home is located at 561 Mountain Ave, Gillette, NJ 07933 since 21 March 2016 and is currently estimated at $853,525. 561 Mountain Ave is a home located in Morris County with nearby schools including Gillette Elementary School, Millington Elementary School, and Central Middle School.

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