NOT LISTED FOR SALE

101 S Nassau Ave Margate City, NJ 08402

Estimated Value: $2,388,000 - $3,796,000

8 Beds
5.5 Baths
-- Sq Ft
4,095 Sq Ft Lot

Last Sold October 15, 2020

Last sale price $1,600,000

Est. 98% increase in value since last sale

Current estimated payment $18,488/month

150 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Recreation Room
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • Cathedral Ceiling

About This Home

As of October 2020

This beautiful beach block home is situated on a large corner lot in Margate’s prestigious Parkway section. The interior of the home is freshly painted and the exterior has been recently updated with Hardie board siding. With room for the entire family, this multigenerational home boasts 7 bedrooms, 5.5 baths, and multiple living areas. The open layout features a sunny living area with a large bay window, formal dining room, and adjacent eat-in kitchen. The dining room flows into the kitchen which includes stainless steel appliances and beautiful wooden cabinets. Across from the kitchen is an expansive family room with custom built-ins. This room can also be used as an office or 8th bedroom. Down the hall there are 2 sizable bedrooms (1 with a private bath) and another full bathroom. Completing the 1st floor is a laundry room/mudroom with a side entrance. The 2nd floor includes another living area, two bedrooms, a full bath, powder room, and the impressive master bedroom suite. The master suite boasts cathedral ceilings, two closets, a private bath & private covered porch with ocean views! Lastly, the 3rd floor has two more bedrooms, another living area, and a full bath. Exterior highlights include an expansive front porch with an awning, attached one car garage and a 3-car driveway. This one-of-a-kind home in a prime location just steps to the beach!

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 03/11/2020

NEW ERA REAL ESTATE-B

Co-Listed By

Sean Tannehill

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Lori Salvo

LONG and FOSTER REAL ESTATE INC-Longport

LONG and FOSTER REAL ESTATE INC-Longport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,669

Lot Details

  • Lot Dimensions are 56' x 78'
  • Building is beachfront but unit may not have water views
  • Corner Lot

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Dining Room
  • Den
  • Recreation Room
  • Storage
  • Water Views
  • Crawl Space
  • Storage In Attic

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • In-Law or Guest Suite
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Parkway Section Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,669

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Also Includes: Blinds
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm
  • Bedrooms: 8
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Upper
  • Other Rooms: Den/Tv Room, Dining Room, In-Law Quarters, Laundry/Utility Room, Pantry, Recreation/Family, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Outside Shower, Porch
  • Siding Exterior: Brick
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block, Corner, Water View
  • Lot Dimensions: 56' X 78'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Oct 1, 2020
Sold by
Marder Henry and Marder Eileen
Bought by
Siegel Kenneth and Siegel Cindy
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
Lori Salvo
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$1,635,000
Sold Price
$1,600,000
Premium/Discount to List
-$35,000
-2.14%
Current Estimated Value
$3,171,347

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,571,347
Avg. Annual Appreciation
14.54%
Original Mortgage
$1,200,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 1986
Bought by
Marder Henry and Marder Eileen
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Siegel Kenneth $1,600,000 Infinity Title Agency
Marder Henry $245,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siegel Kenneth $1,200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2020 10/15/20 Sold $1,600,000 -2.1% --
08/08/2020 08/08/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $1,635,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,669 $1,327,200 $890,900 $436,300
2024 $22,669 $1,327,200 $890,900 $436,300
2023 $20,943 $1,327,200 $890,900 $436,300
2022 $20,943 $1,327,200 $890,900 $436,300
2021 $20,567 $1,321,800 $890,900 $430,900
2020 $20,461 $1,321,800 $890,900 $430,900
2019 $20,382 $1,321,800 $890,900 $430,900
2018 $20,660 $1,321,800 $890,900 $430,900
2017 $20,686 $1,321,800 $890,900 $430,900
2016 $19,986 $1,321,800 $890,900 $430,900
2015 $19,668 $1,321,800 $890,900 $430,900
2014 $19,298 $1,321,800 $890,900 $430,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 535141

South Jersey Shore Regional MLS

APN: 16-00014-0000-00001