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$550,000 Just Listed
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Property Description
Rarely do lots of this caliber come to market. This charming cottage-feel home commands a prominent corner position at Gates Avenue and Torbert Road one of the most desirable pockets in the Gillette section of town where wooded, private lots and a genuine sense of community define the neighborhood. This is a pure land play. The value resides in the ground, not the structure. A discerning builder or developer will recognize immediately what this corner represents: the canvas for a signature new-construction home in a township known for top-rated schools, low density, and enduring property values. Motivated seller. Priced for the land.
Full Property Details
Full Property Details for 101 Gates Ave
General
- Price: $550,000
- Taxes: $7,822 (2025)
- Status: Active
- Type: Lots/Land
- Source: Garden_State
- MLS ID: 4030245
- Updated: Today (5/27/2026)
- Added to Site: Today
Location
- County: Morris
- Driving Directions: Long Hill Rd. to Torbert Rd. to Gates Ave.
- Total Lots Available: 1
School Information
- Elementary School: Gillette
- Middle School: Central
- High School: Watchung
Utilities
- Sewer: Public Sewer on Property
- Water: Public Water on Property
- Utility Description: Electric, See Remarks
Structural Information
- Existing Structures: Residence
Lot Features
- Lot Size (Acres): 0.36
- Minimum Lot Size: 20000
- Lot Size: 0.363 AC
- Street/Road Desc.: Blacktop/Asphalt Road
- Development Status: See Remarks, Variance - Buyer to Secure, Variance Required to Build
- Present Use: Residential
- Trees/Vegetation: Clusters of Trees, Scrub/Overgrown
- Zoning: res, Residential 1 Family
- Lot Description: Corner, Wooded Lot, View
Financial Considerations
- Assessment Amount: $392,900
- Improve Assmt: $116,600
- Land Assmt: $276,300
- Tax Amount: $7,822
- Tax Year: 2025
Disclosures and Reports
- Documents Avail.: See Remarks
- Disclosures/Reports: Yes
- Perc Type: Unnecessary (Sewer)
- Block: 13508
- Lot Number: 7
Listed by Re/Max Integrity Advantage
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Price & Sales History for 101 Gates Ave
Date
Details
Price
Change
Source
5/27/2026
Listed
$550,000
149.89%
MLS
10/16/2015
Sold
$220,100
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 101 Gates Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,748
2%
$355,400
5%
2022
$7,592
1%
$337,400
1%
2021
$7,483
—
$334,900
10%
2021
$7,483
5%
$303,700
1%
2018
$7,118
2%
$299,600
1%
2017
$6,981
-4%
$296,300
-2%
2019
$7,253
6%
$303,200
4%
2016
$6,830
-5%
$290,900
19%
2015
$7,166
-1%
$244,400
—
2013
$7,224
—
$244,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 101 Gates Ave
101 Gates Ave, Long Hill Township, NJ 07933 (MLS# 4030245) is a Lots/Land property with a lot size of 0.36 acres. 101 Gates Ave is currently listed for $550,000 and was received on May 27, 2026. Want to learn more about 101 Gates Ave? Do you have questions about finding other Lots/Land real estate for sale in Gillette? You can browse all Gillette real estate or contact a Coldwell Banker agent to request more information.

