NOT LISTED FOR SALE

66 Gates Ave Montclair, NJ 07042

Estimated Value: $1,113,218 - $1,224,000

Studio
-- Bath
2,470 Sq Ft
$474/Sq Ft Est. Value

Last Sold April 28, 2023

Last sale price $950,000 $385 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,600/month

6 Days on Market

About This Home

As of April 2023

This home is located at 66 Gates Ave, Montclair, NJ 07042 since 01 March 2023 and is currently estimated at $1,171,555, approximately $474 per square foot. 66 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

ROBERTA PLUTZIK BALDWIN

KELLER WILLIAMS - NJ METRO GROUP Brokerage Phone: 973-783-7400 Listed on: 03/01/2023

Last Buyer's Agent

JAMIE OSTASZEWSKI

EXP REALTY, LLC

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • County Name: Essex
  • I D: 5204853
  • Attribution Contact: 973-783-7400
  • MLS Status: Sold
  • Special Features: None
  • Property Sub Type: MultiFamily

Lot Info

  • Lot Size: 55X145 IRR

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2023
Closed on
Apr 28, 2023
Sold by
Korgen Jeffry and Korgen Kathleen
Bought by
Kent Patrick and Kent Stephanie
Seller's Agent
ROBERTA PLUTZIK BALDWIN
KELLER WILLIAMS - NJ METRO GROUP
Buyer's Agent
JAMIE OSTASZEWSKI
EXP REALTY, LLC
List Price
$769,900
Sold Price
$950,000
Premium/Discount to List
$180,100
23.39%
Views
152
Current Estimated Value
$1,176,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,526
Avg. Annual Appreciation
7.98%
Original Mortgage
$760,000
Outstanding Balance
$749,472
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$422,083

Purchase Details

Closed on
Jun 4, 2009
Sold by
Korgen Jeffrey and Korgen Kathleen
Bought by
Korgen Jeffry and Korgen Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Interest Rate
4.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Giambruno David
Bought by
Korgen Jeffrey and Korgen Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2000
Sold by
Orloff Dennis
Bought by
Giambruno David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
8.19%

Purchase Details

Closed on
Sep 12, 1996
Sold by
Franco Donna
Bought by
Orloff Denis and Orloff Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.9%

Purchase Details

Closed on
Jan 17, 1992
Sold by
Franco Gerard and Franco Donna
Bought by
Franco Donna
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
Kent Patrick $950,000 Nuco Title
Korgen Jeffry -- Titleserv Of Nj Inc
Korgen Jeffrey $675,000 --
Giambruno David $315,000 --
Orloff Denis $122,000 --
Franco Donna -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kent Patrick $760,000
Previous Owner Korgen Jeffry $294,000
Previous Owner Korgen Jeffrey $350,000
Previous Owner Giambruno David $252,000
Previous Owner Orloff Denis $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/28/2023 04/28/23 Sold $950,000 +23.4% $385 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/03/2023 03/03/23 For Sale $769,900 -- $312 / 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 $18,113 $535,900 $281,100 $254,800
2024 $18,113 $535,900 $281,100 $254,800
2023 $17,620 $535,900 $281,100 $254,800
2022 $17,620 $535,900 $281,100 $254,800
2021 $17,315 $535,900 $281,100 $254,800
2020 $17,036 $535,900 $281,100 $254,800
2019 $16,859 $535,900 $281,100 $254,800
2018 $16,581 $535,900 $281,100 $254,800
2017 $14,570 $390,200 $222,100 $168,100
2016 $14,180 $390,200 $222,100 $168,100
2015 $13,758 $390,200 $222,100 $168,100
2014 $13,298 $390,200 $222,100 $168,100
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    ROBERTA PLUTZIK BALDWIN

    KELLER WILLIAMS - NJ METRO GROUP

  • J

    Buyer's Agent in 2023

    JAMIE OSTASZEWSKI

    EXP REALTY, LLC

See All Agents

Map

Source: Garden State MLS

MLS Number: 3830860

Garden State MLS

APN: 13-03001-0000-00056

New Jersey Essex County Montclair 07042

66 Gates Ave, Montclair, NJ

Not Listed for Sale

MultiFamily

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