NOT LISTED FOR SALE

103 S Jerome Ave Margate City, NJ 08402

Estimated Value: $1,593,000 - $3,038,000

5 Beds
3 Baths
-- Sq Ft
2,265 Sq Ft Lot

Last Sold May 15, 2019

Last sale price $999,999

Est. 156% increase in value since last sale

Current estimated payment $15,194/month

22 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • Main Floor Bedroom

About This Home

As of May 2019

Enjoy the tranquil beauty of the sand and sea from this 5 bedroom, 3 bath BEACH BLOCK home. The home is located 2nd from the beach front, so you can enjoy AMAZING ocean views from inside the home and from the covered front porch as well as the 2nd floor deck. Inside, there is a large living room featuring coffered ceilings and hardwood floors and a sunny dining room, accented by a built-in window seat. The adjacent eat-in kitchen includes a breakfast bar, custom counter tops and decorative paned cabinetry. The first floor also includes a bedroom, a full bath and a laundry/utility room with a sink, a second refrigerator and storage cubbies. On the second floor, the large master bedroom suite boasts incredible ocean views, an enormous walk-in closet and a private bath. There are also more oversized bedrooms a second full bath. Perhaps most impressive is the second floor deck, which provides incredible unobstructed ocean views. This home has ample storage space, with a pull down attic, a locked outdoor space, an interior storage room and 2 car off street parking. If you’re looking to have the beach in your backyard, this is the home for you!

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 03/20/2019

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Michele Zelig

PLATINUM REAL ESTATE

PLATINUM REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,081

Lot Details

  • Lot Dimensions are 45' x 50'
  • Building is beachfront but unit may not have water views
  • Cul-De-Sac
  • Fenced
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • Dining Area
  • Den
  • Storage
  • Water Views
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Cedar Closet
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Attic

  • Attic Fan
  • Storage In Attic

Home Security

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

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,081

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds, Curtains
  • Lvt Date: 03/20/2019
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Electric Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Cedar Closet, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Main
  • Full Bathrooms: 3
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Deck, Fenced Yard, Outside Shower, Porch
  • Siding Exterior: Aluminum, Brick, Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Beach Block, Corner, Cul-De-Sac, Water View
  • Lot Dimensions: 45' x 50'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2019
Closed on
May 15, 2019
Sold by
The Jerome Avenue Trust
Bought by
Epstein Howard and Epstein Brenda
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
Michele Zelig
PLATINUM REAL ESTATE
List Price
$1,145,000
Sold Price
$999,999
Premium/Discount to List
-$145,001
-12.66%
Current Estimated Value
$2,557,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,557,892
Avg. Annual Appreciation
15.67%
Original Mortgage
$749,999
Outstanding Balance
$658,062
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,899,829
Source: Public Records

Range of Values:

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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
Epstein Howard $999,999 Surety Title Company Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Epstein Howard $749,999
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2019 05/15/19 Sold $999,999 -12.7% --
04/11/2019 04/11/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $1,145,000 -- --
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 $20,081 $1,175,700 $667,800 $507,900
2024 $20,081 $1,175,700 $667,800 $507,900
2023 $14,166 $897,700 $667,800 $229,900
2022 $14,166 $897,700 $667,800 $229,900
2021 $13,968 $897,700 $667,800 $229,900
2020 $13,896 $897,700 $667,800 $229,900
2019 $13,843 $897,700 $667,800 $229,900
2018 $14,031 $897,700 $667,800 $229,900
2017 $14,049 $897,700 $667,800 $229,900
2016 $13,573 $897,700 $667,800 $229,900
2015 $13,358 $897,700 $667,800 $229,900
2014 $13,106 $897,700 $667,800 $229,900
Source: Public Records

Agents Affiliated with this Home

  • Mark Arbeit

    Seller's Agent in 2019

    Mark Arbeit

    RE/MAX Platinum Properties

    (609) 402-5885

    24 in this area

    47 Total Sales

    Mark Arbeit
    Section Image
  • Michele Zelig

    Buyer's Agent in 2019

    Michele Zelig

    PLATINUM REAL ESTATE

    (609) 432-3589

    14 in this area

    126 Total Sales

    Michele Zelig
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 519424

South Jersey Shore Regional MLS

APN: 16-00010-01-00012

New Jersey Atlantic County Margate City 08402

103 S Jerome Ave, Margate City, NJ

This home is located at 103 S Jerome Ave, Margate City, NJ 08402 since 20 March 2019 and is currently estimated at $2,557,891. 103 S Jerome Ave is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

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