$650,000
SOLD MAR 6, 2025

107 N Monroe Ave Margate City, NJ 08402

0.06 Acre
-- Price per Acre
-- Sq Ft Lot

Recently Sold

23 Days on Market

About This Lot

As of March 2025

Take advantage of this rare opportunity to build your Margate dream home on this extra deep, 25 x 100 cleared lot. Build (2 levels above the garage) in the highly sought after Marina District. The Margate zoning committee has provided side setback relief to build a wider house then otherwise would be allowed providing plenty a room for the entire family. Seller makes no guarantees or claims and the buyer shall be responsible for all zoning, permitting, etc. Margate has approved plans which are in associated documents

Last Agent to Sell the Property

ROSENZWEIG, TROY ROSENZWEIG

BHHS FOX and ROACH-Margate License #0567225 Listed on: 09/11/2024

Co-Listed By

STACY SCHERR

BHHS FOX and ROACH-Margate License #1643491

Last Buyer's Agent

ROSENZWEIG, TROY ROSENZWEIG

BHHS FOX and ROACH-Margate License #0567225 Listed on: 09/11/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,921

Lot Details

  • Lot Dimensions are 25x100

Property Details

Property Type

Land

Est. Annual Taxes

$2,921

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 03/04/2025
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Lot Dimensions: 25X100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Mar 5, 2025
Sold by
Cohen Neal A and Cohen Carol A
Bought by
5 North Monroe Avenue Llc
Seller's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
Buyer's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
List Price
$650,000
Sold Price
$650,000
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2267.52%
Original Mortgage
$1,300,000
Outstanding Balance
$1,298,911
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
$547,932

Purchase Details

Closed on
Dec 22, 2020
Sold by
Ohara Shaun M
Bought by
Cohen Neal A and Cohen Carol A

Purchase Details

Closed on
Jun 21, 1977
Bought by
Ohara Shaun M
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $650,000 None Listed On Document
Deed $287,000 None Available
Deed $31,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,300,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2025 04/29/25 For Sale $2,350,000 +261.5% --
03/06/2025 03/06/25 Sold $650,000 0.0% --
10/04/2024 10/04/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $650,000 -- --
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
2024 $2,921 $171,000 $171,000 $0
2023 $2,698 $171,000 $171,000 $0
2022 $2,698 $171,000 $171,000 $0
2021 $4,144 $266,300 $171,000 $95,300
2020 $4,122 $266,300 $171,000 $95,300
2019 $4,106 $266,300 $171,000 $95,300
2018 $4,162 $266,300 $171,000 $95,300
2017 $4,168 $266,300 $171,000 $95,300
2016 $4,026 $266,300 $171,000 $95,300
2015 $3,963 $266,300 $171,000 $95,300
2014 $3,888 $266,300 $171,000 $95,300
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller Co-Listing Agent in 2025

    STACY SCHERR

    BHHS Fox & Roach

    (267) 228-8043

    89 Total Sales

    STACY SCHERR
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 590250

South Jersey Shore Regional MLS

APN: 16-00330-0000-00399

New Jersey Atlantic County Margate City 08402

107 N Monroe Ave, Margate City, NJ

This home is located at 107 N Monroe Ave, Margate City, NJ 08402 and is currently priced at $650,000. 107 N Monroe 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

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