2 Gates Ave, Summit, NJ 07901
Property image
Property image
OFF MARKET

2 Gates Ave
Summit, NJ 07901

  • 6 Beds
  • 4.5 Baths
  • 3,108 sqft (on 2.30 acres)

$1,306,300

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $8,919/mo*
Refinance Your Home

$1,306,300

Trulia Estimate
as of Aug 18, 2026
Est. Refi. Payment $8,919/mo*
Refinance Your Home
6 Beds
4.5 Baths
3,108 sqft
(on 2.30 acres)

Home Value

Trulia Estimate
$1.31M
Since last month
Decreased$9K (-0.7%)
Since last year
Increased$69K (+5.6%)
Since last sale
Increased$439K (+51.7%)
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 +38% in the last 10 years
MonthEstimated value
2026
August 2026$1.29M
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
475 Morris Ave, Summit, NJ
0.05
Multi-Family Home
$950,000
12/01/25
-
-
30 Aubrey St, Summit, NJ
0.30
Multi-Family Home
$1,510,000
03/13/26
-
-
102 Watchung Ave, Chatham, NJ
1.03
Multi-Family Home
$1,105,000
03/30/26
-
-
852 Springfield Ave, New Providence, NJ
1.24
Multi-Family Home
$715,000
05/27/26
-
-
23 William St, Summit, NJ
1.18
Multi-Family Home
$1,200,000
02/20/26
-
-
23 EUCLID AVENUE, Summit, NJ
0.73
Multi-Family Home
$1,615,000
08/07/26
-
-
15 Trivett Ave S, Springfield, NJ
3.13
Multi-Family Home
$800,000
09/16/25
6
3
2,290
69 Ashwood Ave, Summit, NJ
1.56
Multi-Family Home
$990,000
01/30/26
-
-
718 Springfield Ave, Summit, NJ
0.90
Multi-Family Home
$1,225,000
08/10/26
-
-
25 Walnut St, Summit, NJ
1.05
Multi-Family Home
$620,000
10/16/25
-
-

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
475 Morris Ave, Summit, NJ 07901
0.05
$950,000
Studio
-
-
Recently Sold
24B Gates Ave, Summit, NJ 07901
0.07
$1,874,500
5
5
-
Off Market
36 Webster Ave, Summit, NJ 07901
0.09
$742,000
3
2
-
Off Market
24 Gates Ave #A, Summit, NJ 07901
0.08
$1,250,000
5
5
-
Recently Sold
21 Webster Ave, Summit, NJ 07901
0.13
$1,202,200
3
2
-
Off Market
16 Lowell Ave, Summit, NJ 07901
0.14
$1,130,000
3
2
-
Recently Sold
45 Montrose Ave, Summit, NJ 07901
0.13
$1,058,400
3
2
-
Off Market
25 Beverly Road, Summit, NJ 07901
0.17
$2,138,200
5
4
-
Off Market
31 Butler Pkwy, Summit, NJ 07901
0.21
$890,599
3
2
-
Recently Sold
8 Lafayette Ave, Summit, NJ 07901
0.21
$931,900
4
2
-
Off Market
7 Webster Ave, Summit, NJ 07901
0.20
$1,217,200
3
2
-
Off Market
160 Canoe Brook Pkwy, Summit, NJ 07901
0.22
$1,799,300
3
3
-
Off Market

Local Information

  • Map ViewExplore the area around 2 Gates Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Multi-Family
Year Built
1928
Lot Size
2.3 acres
Living Area
3,108 sqft
Price/Sqft
$420
Parking
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. It is currently off market. The Trulia Estimate is $1,306,300, with a rent estimate of $4,971/month.

Home Details for 2 Gates Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 3
Interior Details
Types of Rooms: Dining Room

Property Information

Year Built
Year Built: 1928
Property Type / Style
Property Type: Multi Family

Exterior Features

Exterior Home Features
Exterior: Brick
Parking & Garage
GarageParking Spaces: 6Parking: Garage Attached

Community

Units in Building: 2

Lot Information

Lot Area: 2.30 acres

Price and Tax history

DateEventPrice
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

Market trends in Summit

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$1.49M
$193KMoM
Sale-to-List Price
—
Price per sq ft
$719
Available listings
33
5MoM
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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.
  • Sfeoli34
    "There are alot of couples with young children so its nice if you have a family or starting one. Its a dog friendly neighborhood and we do block parties etc.. Yet its pretty quiet. Park near bye. "
    1
    Flag
  • Elliotwilbur
    "Great place to raise a family. Public school system is excellent. Numerous commuting options to Manhattan. "
    1
    Flag
  • maria08827
    "It’s very nice, clean and safe . Everyone is nice and friendly! It has a beautiful safe park across the street which is very clean and active. Also close to everything!"
    1
    Flag
  • Anita
    "Summit is a charming town where practical meets comfort. The community is friendly and diverse. Lots of families, singles and dogs. "
    8
    Flag
  • Davidthompsonjr
    "Easy ride to train station and best commuter line in nj. Penn station is crappy but if you can do ferry from hoboken it’s nice."
    2
    Flag
  • Pololas2019
    "the people walk the dogs and is a really nice neighborhood to live i recommended to buy a house in this area "
    1
    Flag
  • Unspecified
    "People take pride in their homes. Family friendly. Very safe. Lived here for 2 years, so happy with the community. "
    1
    Flag
  • Davidthompsonjr
    "Nice town, ppl, and amenities. Great schools and good place to raise your kids. Express trains to the city, makes a difference relative to other areas in nj. "
    0
    Flag
  • Davidthompsonjr
    "Great town to raise a family. Close to best nj commute. Good restaurants in town. Good access to highways. "
    2
    Flag
  • Marcelo N.
    "I love summit best city to live in, respectful people, clean , no crime , no racism or classism . Just a wonderful city"
    0
    Flag
  • Mary T. Z.
    "Street Fairs are very nice in this town. The farmers market is great too! Events at the playhouse are wonderful."
    3
    Flag
  • Randall.lauren
    "This is a very family friendly neighborhood. The restaurants, coffee shops, parks and other amenities are all well suited to families. "
    3
    Flag
  • Samantha Q.
    "We have festivals, block parties, concerts and movie nights in the park. Our neighbors are always outside going for walks, our kids always find other kids to play with!"
    2
    Flag
  • Slong0717
    "Bike parades, kids events. Amazing downtown area. Lots of activities for kids. Easy to commute to NYC. "
    2
    Flag
  • Scott H.
    "There are a lot of dogs around and most are friendly. I wish there was a space for them to run off lead. "
    2
    Flag
  • Rehav
    "less than 10 mins walk to train that goes right to nyc. 3 min drive to get onto Routes 24 and 78. Cant be beat!!"
    2
    Flag
  • EF
    "Lots of friendly dogs and owners to walk with. Park nearby. Quiet streets. Fun dog store in downtown summit. "
    0
    Flag
  • Melissa C.
    "what dog owners like about his neighborhood would be that the doggies would meet other doggies and get along quite nicely and the backyards very spacious "
    0
    Flag
  • Thayesmail
    "Great family neighborhood. Great schools. Great recreation program. Convenient commute to NYC & Airport. "
    0
    Flag
  • layton m.
    "Great, direct line into New York City makes it a quick, convenient and easy commute. I think it’s the best commute into nyc in New Jersey"
    4
    Flag
  • Jhuneke
    "We are in a surprisingly quiet block, despite being on a major thoroughfare, and close to downtown, train station. "
    1
    Flag
  • Laura
    "It’s safe, clean and easy commute to the city, mountains or beach. Very centrally locates. Love it here. Just wish it wasn’t so expensive in this area!!"
    2
    Flag
  • Samantha H.
    "Kind people who are always willing to help each other. Access to fields, train, and walking to downtown. Kids all walk to school. "
    0
    Flag

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Apartments for Rent

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Explore by feature - Pet Friendly

13 pet-friendly rentals in Summit, NJ

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Homes for sale near 2 Gates Ave

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Off Market Homes Near 2 Gates Ave

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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 $1,306,300.
  • 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 seller's market, based on recent for-sale activity.
  • What's the median sale price in Summit?
    The median sale price in Summit is $1.49M. That is up $193K from the prior month.