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$650,000

  • For Sale
  • Active
  • Lots/Land
  • 0.57 Acres
  • Updated 13 days ago
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Situated on an oversized 0.57-acre lot (approximately 174' x 140') on a beautiful, tree-lined residential street, this property presents a primeopportunity for those with a vision. With generous frontage and substantial lot depth, the site offers strong potential for redevelopment, expansion, or acustom new build.Located in an established neighborhood surrounded by mature trees and well-kept homes, this is an ideal setting for a high-value project.The existing structure is a 3-bedroom, 1-bathroom Cape Cod and includes a large garage and full basement, offering additional flexibility for storage orinterim use during planning and development. The home is being sold in 'as-is' condition. Value is in the land and its development potential.

Full Property Details for 124 Gates Ave

General

  • Price: $650,000
  • Taxes: $9,303 (2025)
  • Status: Active
  • Type: Lots/Land
  • Source: Garden_State
  • MLS ID: 4019562
  • Updated: 5/15/2026
  • Added to Site: 50 day(s) ago

Location

  • County: Morris
  • Subdivision: Gillette
  • Driving Directions: Right on Torbet Rd, Right onto Gates Ave
  • Total Lots Available: 1

Utilities

  • Sewer: Public Sewer in Street
  • Water: Public Water on Property

Lot Features

  • Lot Size (Acres): 0.57
  • Lot Size: 0.575 AC
  • Street/Road Desc.: Public Maintained Road
  • Zoning: Residential 1 Family

Financial Considerations

  • Assessment Amount: $463,600
  • Improve Assmt: $169,800
  • Land Assmt: $293,800
  • Tax Amount: $9,303
  • Tax Year: 2025

Disclosures and Reports

  • Block: 13502
  • Lot Number: 4

Listed by Exp Realty, Llc

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Listing agent

— 124 Gates Ave —

  • Exp Realty, Llc

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 124 Gates Ave

School Districts:Long Hill Township School District, Watchung Hills Regional School District
NameGradesDistance
Gillette Elementary School
759 Valley Road, Harding Township, NJ 07933
PK-11.2 mi
Millington Elementary School
91 Northfield Road, Long Hill, NJ 07946
2-53.2 mi
Central Middle School, Long Hill, NJ
90 Central Avenue, Long Hill, NJ 07980
6-82.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 124 Gates Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/15/2026
Price Reduced
$650,000
-13.33%
MLS
4/09/2026
Listed
$750,000
—
MLS
Get Price Alerts and Save Property
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 for 124 Gates Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$9,208
2%
$422,700
3%
2023
$9,005
-9%
$410,700
2%
2022
$9,848
—
$401,100
-8%
2021
$9,803
—
$434,400
9%
2021
$9,803
6%
$398,100
2%
2018
$9,262
2%
$389,800
1%
2017
$9,061
2%
$384,600
2%
2016
$8,868
4%
$377,700
29%
2015
$8,553
-10%
$291,700
-26%
2019
$9,456
10%
$395,300
36%
2013
$8,623
—
$291,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Exp Realty, Llc

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124 Gates Ave, Long Hill Township, NJ 07933 (MLS# 4019562) is a Lots/Land property with a lot size of 0.57 acres. 124 Gates Ave is currently listed for $650,000 and was received on April 09, 2026. Want to learn more about 124 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.

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