1 month on rocket

159 Gates Ave, Montclair, NJ, 07042

$8,500,000

6 Bedrooms
7 Full Baths, 2 Partial
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDetached, Gar Opener
HeatingNatural Gas, Forced Air, Zoned
CoolingGas, Zoned
BasementYes
WaterfrontNone
Fireplace3 Fireplaces
ViewNone
MLS #24008984
StatusActive
(ACTIVE)

About 159 Gates Ave

This Tudor Manor has been recrafted for luxury living creating a serene, functional, modern home, that artfully blends indoor and outdoor spaces. A stunning 3-story atrium with a floating staircase, custom light fixtures, sophisticated wall treatments, all meld into a contemporary European elegance. On the main level, an impressive formal living/dining area is grounded by a towering fireplace and stone walls. An expansive kitchen-family room opens through a wall of sliding glass doors to an elegant outdoor patio, cozy porch, and private garden with pool. The upstairs private bedroom suites (including Main with 2 walk-in closets) have been thoughtfully designed. The top level surprises with a magnificent great room, a bedroom suite, and a fully framed and plumbed 5th bedroom suite, waiting to be finished. The lower level boasts an indoor pool, gym, sauna, steam, rec room and full bath. This 1.8 acre estate also offers a 3 car garage, and a renovated, 2 bed, 2.5 bath carriage house

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial

Listing Office:

  • Office Name: Prominent Properties Sotheby's International Realty-Montclair
  • Listing Agent: Sam Joseph

Interior Features

Interior Information:

  • Basement: Yes
  • Fireplace: 3 Fireplaces

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 7
  • Total Bedroom Count: 6

Exterior Features

Exterior Information:

  • Waterfront: None
  • View: None
  • Exterior: Other, Fabricated Stucco, Mason/stucco, Security, Sprinklers, Deck / Patio

Parking Information:

  • Attached Garage: No
  • Parking: Detached, Gar Opener

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air, Zoned
  • Cooling: Gas, Zoned

School Info

Assigned Schools Information:

  • Montclair High School, Public District Grades 9-12
  • Glenfield Middle School, Public District Grades 6-8
  • Renaissance Middle School At The Rand Building, Public District Grades 6-8
  • Mt. Hebron Middle School, Public District Grades 6-8
  • Hillside Elementary School, Public District Grades 3-5
  • Charles H. Bullock School, Public District Grades KG-5
  • Edgemont Elementary School, Public District Grades KG-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,500,000

Tax Information:

  • Annual Amount: $67,363
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Montclair, NJ.

Med. Sold Price

$1.1M

Med. Price/SqFt

$483

# of Sold Homes

12

159 Gates Ave vs Montclair

31 DAYS ON ROCKET

$8,500,000

+$7.3M More

KEY TAKEAWAY

This property is $7.3M more than the Median Sold Price in Montclair, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #24008984

Listing Office:

  • Office Name: Prominent Properties Sotheby's International Realty-Montclair
  • Listing Agent: Sam Joseph

IDXDisclaimer: The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Rocket Homes Real Estate, LLC are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing Service, Inc. Copyright© 2024 New Jersey Multiple Listing Service, Inc. All rights reserved.

Rocket Homes Real Estate, 701 Griswold St, Suite 21, Detroit, MI 48226

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 9:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 19, 2016Home Sold
$2,455,000
Oct 09, 2008Home Sold
$2,175,000

Tax History

YEARPROP. TAXASSESSMENT
2020$67,363$2,084,900
2019$64,506$2,084,900
2018$63,478$2,084,900
2017$63,478$1,700,000

History based on county public records data.

Payment Calculator

$42.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$25.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2079806
8
/10
  • Hillside Elementary School

  • 54 Orange Rd

  • 0.53 miles

  • Public District Grades 3-5

school-card-donut-2079807
8
/10
  • Charles H. Bullock School

  • 55 Washington St

  • 0.66 miles

  • Public District Grades KG-5

school-card-donut-2079808
8
/10
  • Edgemont Elementary School

  • 20 Edgemont Rd

  • 1.66 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2079809
4
/10
  • Glenfield Middle School

  • 25 Maple Ave

  • 0.82 miles

  • Public District Grades 6-8

school-card-donut-2079810
7
/10
  • Renaissance Middle School At The Rand Building

  • 176 N Fullerton Ave

  • 1.17 miles

  • Public District Grades 6-8

school-card-donut-2079811
6
/10
  • Mt. Hebron Middle School

  • 173 Bellevue Ave

  • 2.55 miles

  • Public District Grades 6-8

High School

school-card-donut-2079812
5
/10
  • Montclair High School

  • 100 Chestnut St

  • 1.26 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $237,095. Typical income of Montclair, NJ residents is $200k+ annually. Most families are married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 159 Gates Ave

What is the listing price of this property?

The listing price of 159 Gates Ave property is $8,500,000.

What type of property is this?

The property 159 Gates Ave is a house located in Montclair, New Jersey, 07042.

Is this property for sale now?

Active Listing: 159 Gates Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 159 Gates Ave are:
Hillside Elementary School: GreatSchools Rating 8/10
Charles H. Bullock School: GreatSchools Rating 8/10
Edgemont Elementary School: GreatSchools Rating 8/10
Glenfield Middle School: GreatSchools Rating 4/10
Renaissance Middle School At The Rand Building: GreatSchools Rating 7/10
Mt. Hebron Middle School: GreatSchools Rating 6/10
Montclair High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $67,363 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 19, 2016 for $2,455,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 159 Gates Ave has 6 bedrooms and 7 full and 2 half bathrooms.
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Rocket Homes›New Jersey›Essex County›Montclair›07042›159 Gates Ave

This home is located at 159 Gates Ave in Montclair, NJ and zip code 07042. Features: 6 bedrooms, 9 bathrooms. It has been listed on Rocket Homes since March 28, 2024 and is currently priced at $8,500,000.

In March 2024, from all listings sold in Montclair, NJ there were more than 12 sold above asking price, over 0 sold below and more than 0 were sold right at the asked price. The number of listings in Montclair, NJ increased by 46.7% between February 2024 and March 2024.

From Rocket Homes Real Estate and based on county public records data.

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