For sale

$560,000

20 Gates Rd, Somerset, NJ 08873

4beds

1,575sqft

$3,702/mo

Get pre-qualified

Single Family Residence

Built in 1956

1.37 Acres Lot

$560,600 Zestimate^®

$356/sqft

$-- HOA

What's special

Huge backyardQuiet dead-end street

Opportunity Knocks! Bring your vision and transform this 4-bedroom property into the space of your dreams. The possibilities are endless with this perfect handyman special, located on a quiet dead-end street in a highly desirable neighborhood. The property features a spacious living room, an eat-in kitchen with a center island, and a cozy living area with a fireplace. A huge backyard offers endless possibilities for entertaining, gardening, or creating your ideal outdoor retreat. A two-car garage provides plenty of storage and convenience. Whether you're an investor, contractor, or buyer looking to build equity, this property is full of potential and ready for your personal touch. Don't miss this incredible opportunity!

30 days
2,091
119

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 1
Full bathrooms: 1

Primary bedroom

Features: 1st Floor
Level: First

Bathroom

Features: Tub Shower

Dining room

Features: Living Dining Combo
Area: 143
Dimensions: 11 x 13

Family room

Area: 144
Length: 12

Kitchen

Features: Kitchen Island
Area: 120
Dimensions: 12 x 10

Living room

Area: 143
Dimensions: 11 x 13

Basement

Area: 0

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Electric Range/Oven, Refrigerator, Washer

Features

2 Bedrooms, Kitchen, Living Room, Bath Main, Dining Room, None
Flooring: Carpet, Vinyl-Linoleum
Basement: Full, Laundry Facilities
Has fireplace: No

Interior area

Total structure area: 1,575
Total interior livable area: 1,575 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: See Remarks, Garage
Garage spaces: 2
Has uncovered spaces: Yes

Features

Levels: Two
Stories: 2
Patio & porch: Deck, Enclosed
Exterior features: Deck, Door(s)-Storm/Screen, Enclosed Porch(es), Storage Shed

Lot

Size: 1.37 Acres
Features: See Remarks

Details

Additional structures: Shed(s)
Parcel number: 08003860800064
Zoning: R40

Construction

Type & style

Home type: SingleFamily
Architectural style: Cape Cod
Property subtype: Single Family Residence

Materials

Roof: Asphalt

Condition

Year built: 1956

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Location

Region: Somerset

Financial & listing details

Price per square foot: $356/sqft
Tax assessed value: $506,600
Annual tax amount: $8,810
Date on market: 7/29/2026
Ownership: Fee Simple
Electric utility on property: Yes

Estimated market value

$560,600

$533,000 - $589,000

$3,250/mo

Price history

Date	Event	Price
7/29/2026	Listed for sale	$560,000+211.1%$356/sqft
Source: All Jersey MLS #2701716R Report a problem
10/14/1997	Sold	$180,000$114/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,855 +15.2%	$506,600 +15.2%
2024	$7,688 -9.5%	$439,800
2023	$8,493 +12.8%	$439,800 +15.8%
2022	$7,527	$379,800 +11.8%
2021	--	$339,800 +3%
2020	$7,362 +3.8%	$329,800 +3.1%
2019	$7,090	$319,800 +4.9%
2018	$7,090 +2.3%	$304,800 +3.4%
2017	$6,931 +0.7%	$294,800
2016	$6,884 +1.4%	$294,800
2015	$6,786 +1.8%	$294,800
2014	$6,665 +3.2%	$294,800
2013	$6,456 +4.1%	$294,800
2012	$6,203 +4.9%	$294,800
2011	$5,914 -0.4%	$294,800
2010	$5,939 -19%	$294,800 -7.8%
2009	$7,328	$319,800 -14.9%
2008	--	$375,600
2007	--	$375,600
2006	--	$375,600 +7.3%
2005	--	$349,900 +17%
2004	$2,637	$299,000 +6.8%
2003	--	$279,900 +18.6%
2002	--	$236,100 +10.1%
2001	--	$214,400