NOT LISTED FOR SALE

561 Mountain Ave Gillette, NJ 07933

Estimated Value: $854,000 - $923,626

1.61 Acres
$550,719 Price per Acre
70,132 Sq Ft Lot

Sale Details

Date Sold: October 6, 2016

Last sale price $525,000

Est. 69% increase in value since last sale

Current estimated payment $6,020 / mo

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 $886,657. 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

Lot Details

  • 1.61 Acre Lot

Property Details

Property Type

Land

Lot Details

1.61 Acres

Listing Details

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

Lot Info

  • Total Acres: 1.61

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

Closed on
May 6, 2026
Sold by
Bought by
Current Estimated Value
$886,657

Purchase Details

Closed on
Jul 25, 2025
Sold by
Bought by

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
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2024
Sold by
Bought by

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
Bought by
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
5.58%

Purchase Details

Closed on
May 7, 1981
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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
-- New Horizon Abstract
-- First American Title Insurance
-- First American Title Insurance
$750,000 Old Republic Title
$750,000 Old Republic Title
$525,000 First American Title
-- --
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
Previous Owner $600,000
Previous Owner $647,500
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
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

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
2025 $15,775 $721,400 $416,500 $304,900
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) 229-6253

    2 in this area

    139 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

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