$1,275,000
- 6 Beds
- 4.5 Baths
- 3,108 sqft (on 2.30 acres)
2 Gates Ave, Summit, NJ 07901
Est. Refi. Payment $9,108/mo*
Refinance Your HomeCurrently Off Market - Sold Feb 9, 2021 for $850,000
Home Value
Trulia Estimate
$1.27MSince last month
Decreased$35K (-2.6%)Since last year
Increased$79K (+6.6%)Since last sale
Increased$429K (+50.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +24% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| November 2026 | $1.28M |
| October 2026 | $1.27M |
| September 2026 | $1.31M |
| August 2026 | $1.28M |
| July 2026 | $1.3M |
| June 2026 | $1.31M |
| May 2026 | $1.26M |
| April 2026 | $1.24M |
| March 2026 | $1.27M |
| February 2026 | $1.25M |
| January 2026 | $1.22M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.05 | Multi-Family Home | $950,000 | 12/01/25 | - | - | ||
0.30 | Multi-Family Home | $1,510,000 | 03/13/26 | - | - | ||
1.25 | Multi-Family Home | $375,000 | 09/03/26 | 1 | 1 | 802 | |
1.03 | Multi-Family Home | $1,105,000 | 03/30/26 | - | - | ||
1.24 | Multi-Family Home | $715,000 | 05/27/26 | - | - | ||
1.18 | Multi-Family Home | $1,200,000 | 02/20/26 | - | - | ||
0.73 | Multi-Family Home | $1,615,000 | 08/07/26 | - | - | ||
1.56 | Multi-Family Home | $990,000 | 01/30/26 | - | - | ||
0.90 | Multi-Family Home | $1,225,000 | 08/10/26 | - | - | ||
2.73 | Multi-Family Home | $630,000 | 01/30/26 | 2 | 3 | 1,225 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $672,600 | 3 | 2 | - | Off Market | |
0.00 | - | 3 | 3 | - | Off Market | |
0.00 | - | - | - | - | Off Market | |
0.00 | $859,600 | 3 | 3 | - | Off Market | |
0.01 | $1,052,400 | 6 | 3.5 | 2,448 | Off Market | |
0.01 | - | 4 | 2 | - | Off Market | |
0.01 | - | 3 | 2 | - | Off Market | |
0.01 | $455,100 | 1 | 1 | - | Off Market | |
0.02 | $969,600 | 2 | 2 | - | Off Market | |
0.02 | $1,770,800 | 4 | 3 | 4,324 | Off Market | |
0.02 | - | 3 | 2.5 | 1,843 | Off Market | |
0.02 | $1,082,700 | Studio | - | 2,432 | Off Market | |
0.03 | $1,016,400 | Studio | - | 2,416 | Off Market | |
0.03 | $1,100,100 | 3 | 2 | 2,976 | Off Market | |
0.04 | - | 2 | 2 | - | Off Market | |
0.04 | $874,000 | 3 | 2.5 | - | Off Market | |
0.04 | $875,500 | 3 | 2.5 | 1,781 | Off Market | |
0.04 | $919,400 | 3 | 3 | 1,841 | Off Market | |
0.04 | $877,900 | 3 | 3 | 1,841 | Off Market | |
0.04 | $1,915,200 | Studio | 2.5 | 3,009 | Off Market |
Local Information
-- mins to
Home Highlights
Multi-Family
Built in 1928
2.3 acre lot
3,108 sqft
$410/sqft
Garage
About this House
PRICE INCLUDES BOTH #2 & #4 GATES - Rare opportunity to purchase two separate side by side multi family homes. Both homes have 2 units with 3 bedrms . #2 Gates is duplex style with 4 levels incl basement and attic (sep utilities/meters, w/d and CAC) w/1.1 or 2.1 baths and bonus 4 car detached garage. 3 of 4 units currently rented. Sq ft 5556 total (2 & 4 Gates)#4 Gates offers first & 2nd floor apts (3BR/1 bath each, shared laundry in basement, sep utilities except water)-2 car det garage. Large fenced backyard shared by both #2 & #4. BEING SOLD AS PACKAGE . Just a few blocks from elem and high school and park/playground and mass transit
2 Gates Ave, Summit, NJ 07901 is a 6 bedroom, 6 bathroom, 3,108 sqft multi-family built in 1928. It last sold for $850,000 on Feb 9, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,275,000, with a rent estimate of $3,271/month.
Home Details for 2 Gates Ave
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Levels, Entrance, & Accessibility Stories: 3 |
Interior Details Types of Rooms: Dining Room |
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Year Built Year Built: 1928 |
Property Type / Style Property Type: Multi Family |
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Exterior Home Features Exterior: Brick |
Parking & Garage GarageParking Spaces: 6Parking: Garage Attached |
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Units in Building: 2 |
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Lot Area: 2.30 acres |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Feb 9, 2021 Source: N/A | Sold | $850,000 |
Sep 15, 2020 Source: Agent Provided | Listed For Sale | $1,620,000 |
Dec 20, 2012 Source: Agent Provided | ListingRemoved | $625,000 |
Aug 15, 2012 Source: Agent Provided | PriceChange | $625,000 Price decreased by 4% |
Jun 8, 2012 Source: Agent Provided | Listed For Sale | $650,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $12,110 | $278,000 |
Home facts updated by county records
Market trends in Summit
Last updated October 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
49
6MoM
Sourced by Trulia Market Trends
Around this home
What Locals Say about Summit
At least 243 Trulia users voted on each feature.
91 % Say it's dog friendly
82 % Say people would walk alone at night
82 % Say there's holiday spirit
79 % Say car is needed
76 % Say it's walkable to restaurants
75 % Say kids play outside
74 % Say yards are well-kept
73 % Say parking is easy
71 % Say it's quiet
70 % Say there are sidewalks
66 % Say they plan to stay for at least 5 years
62 % Say streets are well-lit
61 % Say there's wildlife
61 % Say there are community events
58 % Say neighbors are friendly
42 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Frequently asked questions about 2 Gates Ave
- What is 2 Gates Ave estimated to be worth?Trulia's estimated value for 2 Gates Ave in Summit, NJ is $1,275,000.
- What is the price history for 2 Gates Ave?2 Gates Ave in Summit, NJ last sold for $850,000 in February 2021.
- Is Summit a buyer's or seller's market?Summit is currently a balanced market, based on recent for-sale activity.
- What do residents say about Summit?Residents describe Summit, NJ as dog-friendly, walkable to restaurants, and well-kept. See recently sold homes in Summit, NJ.

