$950,000
SOLD JUL 11, 2025

74 Gates Rd Somerset, NJ 08873

4 Beds
4 Baths
3,200 Sq Ft
0.9 Acres

Recently Sold

$297 Per Sq Ft

2% Above List Price

101 Days on Market

Highlights

  • Custom Home
  • Deck
  • Attic
  • 0.9 Acre Lot
  • Wood Flooring
  • 3 Fireplaces

About This Home

As of July 2025

This 3200 sq. ft. custom pre-fab home, nestled on almost a 1 acre lot, offers a blend of luxury and tranquility with a tree-lined backyard, wraparound porch, gazebo, for outdoor enjoyment. Inside,the home features a dramatic 2 story foyer with elegant crown molding, a stunning chandelier, and hardwood floors, creating a grand entrance. The formal dining room, w/ carpeted floors, arched entryways, and French doors, exudes sophistication, while the adjacent living room enhances the home's charm. The spacious eat-in kitchen is a chef's paradise with stainless steel appliances, granite countertops, an undermount sink, tile backsplash, walk-in pantry, cherry hardwood floors & cabinetry, with sliders that lead to the rear deck. The family room features a gas fireplace w/mantel, built-in benches, and large windows that flood the space with natural light, with sliders opening to the wraparound porch. The curved staircase, leads to the 2nd floor reveals laminate flooring and a primary bedroom suite, complete with a fireplace, a large closet with organizers, and an en-suite bathroom with a dual vanity, soaking tub & linen closet. 3 additional bedrooms & a main bathroom complete this level, providing ample space for family and guests. The finished basement is a haven for entertainment, w/recessed lighting, carpeting,sauna, fireplace, wet bar, powder room, and abundant storage space, with Bilco door for outdoor access. Wrapped in vinyl siding & featuring 2 sheds & a paved driveway,

Last Agent to Sell the Property

Nicolas DiMeglio

BHHS FOX & ROACH REALTORS Listed on: 01/18/2025

BHHS FOX & ROACH REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,091

Year Built

  • Built in 1995

Lot Details

  • 0.9 Acre Lot
  • Lot Dimensions are 580.00 x 0.00
  • Street terminates at a dead end
  • Level Lot
  • Private Yard
  • Property is zoned R20

Home Design

  • Custom Home
  • Colonial Architecture
  • Asphalt Roof

Interior Spaces

  • 3,200 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Ceiling Fan
  • 3 Fireplaces
  • Gas Fireplace
  • Blinds
  • Entrance Foyer
  • Family Room
  • Living Room
  • Formal Dining Room
  • Utility Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Recirculated Exhaust Fan
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Exterior Basement Entry
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Parking

  • Side by Side Parking
  • Driveway
  • Paved Parking
  • Open Parking

Outdoor Features

  • Deck
  • Patio
  • Shed
  • Porch

Location

  • Property is near shops

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Well
  • Gas Water Heater
  • Cable TV Available

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,091

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.9
  • Lot Size: 580.00 x 0.00
  • Ownership: Fee Simple
  • Subdivision Name: 1
  • Architectural Style: Colonial, Custom Home
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: No
  • Building Stories: 2
  • Structure Type: Custom Home
  • Year Built: 1995
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Bedroom/Bathroom Features: Stall Shower and Tub, Two Sinks
  • Room Bedroom4 Area: 224
  • Dining Room Features: Formal Dining Room
  • Master Bedroom Features: Full Bath, Walk-In Closet(s)
  • Room Bedroom3 Area: 140
  • Room Kitchen Features: Granite/Corian Countertops, Kitchen Exhaust Fan, Pantry, Eat-in Kitchen, Separate Dining Area
  • Room Bedroom2 Area: 154
  • Room Living Room Area: 308
  • Room Kitchen Area: 364
  • Master Bedroom Master Bedroom Width: 13
  • Room Master Bedroom Area: 247
  • Room Dining Room Area: 132
  • Room Family Room Area: 364
  • Appliances: Dishwasher, Dryer, Gas Range/Oven, Exhaust Fan, Refrigerator, Washer, Kitchen Exhaust Fan, Gas Water Heater
  • Has Basement: Finished, Bath Half, Exterior Entry, Recreation Room, Interior Entry, Utility Room
  • Basement YN: No
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas, See Remarks
  • Fireplaces: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Wood
  • Interior Amenities: Blinds, Wet Bar, Entrance Foyer, Kitchen, Laundry Room, Bath Half, Living Room, Dining Room, Family Room, 4 Bedrooms, Attic, Bath Full, Bath Main, None
  • Living Area: 3200
  • Stories: 2
  • Window Features: Blinds

Exterior Features

  • Lot Features: Near Shopping, Dead - End Street, Level
  • Pool Features: None
  • Exterior Features: Open Porch(es), Deck, Patio, Storage Shed, Yard
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Deck, Patio
  • Roof: Asphalt

Garage/Parking

  • Open Parking: Yes
  • Parking Features: 2 Car Width, Asphalt, Driveway, Paved

Utilities

  • Gas Company: Natural Gas
  • Cooling: Central Air, Ceiling Fan(s), Zoned
  • Heating: Zoned, Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable TV, Cable Connected, Electricity Connected, Natural Gas Connected
  • Water Source: Well

Condo/Co-op/Association

  • Senior Community: No
  • Association #2 Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Lot Size Sq Ft: 39204
  • Zoning: R20

Tax Info

  • Tax Annual Amount: 13091
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2025
Closed on
Jul 16, 2025
Sold by
Alifano Karen A and Trautmann Robert Ted
Bought by
Bao Bei and Tang Liangxing
Seller's Agent
Nicolas DiMeglio
BHHS FOX & ROACH REALTORS
List Price
$929,900
Sold Price
$950,000
Premium/Discount to List
$20,100
2.16%
Views
160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-21.24%
Original Mortgage
$570,000
Outstanding Balance
$570,000
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$364,254

Purchase Details

Listed on
Feb 22, 2019
Closed on
Jun 25, 2019
Sold by
Scioscia William and Scioscia Laurie
Bought by
Trautmann Robert Ted and Trautmann Karen Ann
Seller's Agent
KIM PRIMUS
RE/MAX DIAMOND REALTORS
Buyer's Agent
Nicolas DiMeglio
BHHS FOX & ROACH
List Price
$589,000
Sold Price
$555,000
Premium/Discount to List
-$34,000
-5.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$430,000
Interest Rate
3.82%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $950,000 Clear Skies Title
Deed $950,000 Clear Skies Title
Deed $555,000 Old Republic Natl Ttl Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $570,000 New Conventional
Closed $570,000 New Conventional
Previous Owner $426,100 New Conventional
Previous Owner $426,100 New Conventional
Previous Owner $430,000 New Conventional
Previous Owner $380,000 New Conventional
Previous Owner $350,000 New Conventional
Previous Owner $300,000 Unknown
Previous Owner $50,000 Stand Alone Second
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2025 07/11/25 Sold $950,000 +2.2% $297 / Sq Ft
02/28/2025 02/28/25 For Sale $929,900 0.0% $291 / Sq Ft
02/03/2025 02/03/25 Off Market $929,900 -- --
01/18/2025 01/18/25 For Sale $929,900 +67.5% $291 / Sq Ft
06/25/2019 06/25/19 Sold $555,000 -5.8% $173 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
02/22/2019 02/22/19 For Sale $589,000 -- $184 / Sq Ft
Source: All Jersey 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 $13,091 $720,100 $339,200 $380,900
2023 $12,565 $650,700 $269,800 $380,900
2022 $12,242 $600,700 $219,800 $380,900
2021 $12,198 $550,700 $169,800 $380,900
2020 $12,468 $550,700 $169,800 $380,900
2019 $12,180 $529,100 $149,800 $379,300
2018 $12,307 $529,100 $149,800 $379,300
2017 $12,349 $529,100 $149,800 $379,300
2016 $12,439 $529,100 $149,800 $379,300
2015 $12,354 $529,100 $149,800 $379,300
2014 $12,180 $529,100 $149,800 $379,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: All Jersey MLS

MLS Number: 2508297R

All Jersey MLS

APN: 08-00386-08-00074-04