24 Gates Avenue

24 Gates Avenue has been categorized by the local assessors in Summit, NJ as a exempt type of property. The building on the property was first built in 1958 and is 66 years old. The building has a total of 2 stories. The linear feet between the front and back of the lot is 2,120 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 10,598 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Cape Cod style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The exterior walls of the building are made of alum/vinyl siding. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 24 Gates Avenue sold most recently in Jul 27, 2017 for a total of $820,000. If you work out the math, that's approximately a cost of $1,067.71 per sqft. Before that, the property was also sold for $479,000 in Aug 20, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 24 Gates Avenue was most recently assessed in 2023. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!