23 Gates Ave
Summit, NJ 07901
- 2 Beds
- 1 Bath
- 1,775 sqft
2 Beds
1 Bath
1,775 sqft
Home Value
Trulia Estimate
$889KSince last month
Increased$2K (+0.2%)Since last year
Decreased$12K (-1.3%)Since last sale
Increased$254K (+40%)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 +42% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $889K |
| July 2026 | $888K |
| June 2026 | $917K |
| May 2026 | $903K |
| April 2026 | $880K |
| March 2026 | $899K |
| February 2026 | $896K |
| January 2026 | $894K |
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 |
|---|---|---|---|---|---|---|---|
0.13 | Multi-Family Home | $950,000 | 12/01/25 | - | - | ||
0.32 | Multi-Family Home | $1,510,000 | 03/13/26 | - | - | ||
1.17 | Multi-Family Home | $715,000 | 05/27/26 | - | - | ||
0.99 | Multi-Family Home | $1,105,000 | 03/30/26 | - | - | ||
3.02 | Multi-Family Home | $775,000 | 04/09/26 | 3 | 2 | 1,613 | |
1.22 | Multi-Family Home | $1,200,000 | 02/20/26 | - | - | ||
0.84 | Multi-Family Home | $1,225,000 | 08/10/26 | - | - | ||
0.80 | Multi-Family Home | $1,615,000 | 08/07/26 | - | - | ||
1.10 | Multi-Family Home | $620,000 | 10/16/25 | - | - | ||
1.60 | Multi-Family Home | $990,000 | 01/30/26 | - | - |
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 |
|---|---|---|---|---|---|---|
0.02 | $1,250,000 | 5 | 5 | - | Recently Sold | |
0.02 | $1,874,500 | 5 | 5 | - | Off Market | |
0.07 | $1,058,400 | 3 | 2 | - | Off Market | |
0.05 | $1,209,300 | 3 | 2 | - | Off Market | |
0.12 | $1,217,200 | 3 | 2 | - | Off Market | |
0.15 | $1,100,000 | 3 | 2 | - | Recently Sold | |
0.10 | $742,000 | 3 | 2 | - | Off Market | |
0.15 | $1,246,300 | 4 | 3 | - | Off Market | |
0.11 | $1,130,000 | 3 | 2 | - | Recently Sold | |
0.15 | $1,198,200 | 3 | 2 | - | Off Market | |
0.17 | $2,470,000 | 5 | 4 | - | Recently Sold | |
0.17 | $1,964,700 | 4 | 3 | - | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1955
Living Area
1,775 sqft
Price/Sqft
$501
Parking
Garage
About this House
This is a lovely apartment recently upgraded and freshly painted! Extremely charming! Private Entrance. Large Living Room and Master Bedroom - Kitchen more of a Galley type although a small cafe table would fit. One bedroom off kitchen could be used as dining area/den - owner will allow door between to be removed. This would be a fantastic idea! This apartment is spotless with beautiful hardwood floors! Parking in backyard and tenant has use of yard and if storage is needed landlord can provide shed storage. Nearest cleaners is .41 miles and laundromat is 1.2 miles and Summit Train Stations is 1.3 miles. Owner occupied - first floor and all prospective tenants must be quiet and very considerate of "sweetheart" landlord! space is ideal for 1 or 2 people. No smokers, NTN credit check a must ! Don't miss out!
23 Gates Ave, Summit, NJ 07901 is a 2 bedroom, 1 bathroom, 1,775 sqft multi-family built in 1955. It last sold for $635,000 on Sep 17, 2021. More recently, it was listed as a rental in November 2018 with an asking price of $1,995 per month. That rental listing was removed on December 12, 2019. It is currently off market. The Trulia Estimate is $889,300, with a rent estimate of $2,634/month.
Home Details for 23 Gates Ave
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Heating & Cooling Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air |
Levels, Entrance, & Accessibility Stories: 1.5Floors: Tile, Hardwood |
Interior Details Types of Rooms: Walk In Closet |
Appliances & Utilities Refrigerator |
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Year Built Year Built: 1955 |
Property Type / Style Property Type: Multi Family |
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Exterior Home Features Exterior: Wood |
Parking & Garage GarageParking Spaces: 4Parking: Garage Attached |
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Units in Building: 2 |
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Lot Area: 9143 sqft |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Sep 18, 2023 Source: GSMLS #3726088 | ListingRemoved | |
Sep 17, 2021 Source: GSMLS #3726088 | Sold | $635,000 |
Jul 23, 2021 Source: GSMLS #3726088 | PriceChange | $599,000 Price decreased by 16% |
Jul 22, 2021 Source: GSMLS #3726088 | PriceChange | $714,999 Price decreased by 7% |
Jul 9, 2021 Source: GSMLS #3726088 | Listed For Sale | $765,000 |
Dec 12, 2019 Source: Agent Provided | ListingRemoved | $1,650 |
Oct 26, 2019 Source: Agent Provided | PriceChange | $1,650 Price decreased by 3% |
Aug 2, 2019 Source: Agent Provided | PriceChange | $1,700 Price decreased by 6% |
Jun 7, 2019 Source: Agent Provided | PriceChange | $1,800 Price decreased by 10% |
Nov 20, 2018 Source: Agent Provided | Listed For Rent | $1,995 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $10,237 | $235,000 |
Home facts updated by county records
Market trends in Summit
Last updated July 2026
Avg. sale price
$1.49M
$193KMoM
Sale-to-List Price
—
Price per sq ft
$719
Available listings
33
5MoM
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 23 Gates Ave
- What is 23 Gates Ave estimated to be worth?Trulia's estimated value for 23 Gates Ave in Summit, NJ is $889,300.
- What is the price history for 23 Gates Ave?23 Gates Ave in Summit, NJ last sold for $635,000 in September 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.
- Does 23 Gates Ave have air conditioning?Yes, 23 Gates Ave in Summit, NJ has air conditioning.