NOT LISTED FOR SALE

108 N Adams Ave Unit B Margate City, NJ 08402

Estimated Value: $886,912 - $960,000

3 Beds
2 Baths
-- Sq Ft
9,365 Sq Ft Lot

Last Sold December 28, 2018

Last sale price $375,000

Est. 145% increase in value since last sale

Current estimated payment $5,617/month

160 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Shades
  • William H. Ross III Intermediate School Rated A-
  • End Unit
  • Building Patio

About This Home

As of December 2018

Motivated owner has said SELL IT!! NEW PRICE!!! BIG Reduction! This is it, move right in! Sparkling clean located in Margate's Marina district. Open and spacious 3 bedroom, two full bathrooms, with a bonus huge room on top floor with additional storage space. Perfect for a growing family and/or expanded space for extra relatives and friends! A totally equipped kitchen, gas cooking, side by side refrigerator with freezer, microwave/convection oven, lots of counter space and storage cabinets. Enter a gracious patio from living area, great place to relax with breakfast, lunch or dinner drinks. Additional storage closet for outdoor furniture and bar-b-q could be included in sale. A/C one year old. Ceiling fans in all rooms. Maintenance of $625 per quarter is for all common area expenses, lawn maintenance, exterior electricity, and insurances. Additionally there are several TV's that can stay. There is a large shed in the backyard (one dedicated to each unit). Step right in and fall in love!

Last Agent to Sell the Property

Elise Waldman

MARKETPLACE REALTY License #0568611 Listed on: 06/04/2018

Co-Listed By

DORI WALDMAN

MARKETPLACE REALTY License #SP-8034332

Last Buyer's Agent

Joanne Ferraro

BHHS FOX and ROACH-Margate License #9231960

BHHS FOX and ROACH-Margate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,952

Year Built

  • Built in 1999

Lot Details

  • End Unit
  • Fenced

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Shades
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Carpet

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Electric Water Heater
  • Cable TV Available

Community Details

Overview

  • Association fees include amenities, maintenance

Amenities

  • Building Patio
  • Community Storage Space

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,952

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds, Curtains, Drapes, Fireplace Equipment, Rugs, Shades
  • Lvt Date: 06/04/2018
  • Year Built: 1999
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, Second Floor
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Gas Log, Living Room
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Main
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Laundry/Utility Room
  • Common Area Features: Cable Tv, Deck/Porch, Fenced Yard, Patio, Storage Facility

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Amenities, Maintenance
  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Master Bath, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 4, 2018
Closed on
Dec 28, 2018
Sold by
Schatz Nathan and Schatz Lorraine R
Bought by
Kelley Daniel E and Kelley Robin S
Seller's Agent
Elise Waldman
MARKETPLACE REALTY
Buyer's Agent
Joanne Ferraro
BHHS FOX and ROACH-Margate
List Price
$499,000
Sold Price
$375,000
Premium/Discount to List
-$124,000
-24.85%
Current Estimated Value
$920,083

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$545,083
Avg. Annual Appreciation
14.49%
Original Mortgage
$262,500
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 2004
Sold by
Pelandis Stavros and Pelandis Stavios
Bought by
Schatz Nathan and Lorraine Schatz R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2001
Sold by
Castagno Joseph A and Castagno Joyce
Bought by
Pelandis Stavios

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Kelley Daniel E $375,000 None Available
Schatz Nathan $365,000 The Title Company Of Jersey
Pelandis Stavios $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kelley Robin S $264,000
Closed Kelley Daniel E $262,500
Previous Owner Schatz Nathan $222,641
Previous Owner Schatz Nathan $240,000
Previous Owner Pelandis Stavios $185,000
Previous Owner Castagno Joseph $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2018 12/28/18 Sold $375,000 -5.1% --
11/11/2018 11/11/18 Pending -- -- --
10/22/2018 10/22/18 Price Changed $395,000 -7.1% --
09/27/2018 09/27/18 Price Changed $425,000 -5.3% --
07/31/2018 07/31/18 Price Changed $449,000 -10.0% --
06/04/2018 06/04/18 For Sale $499,000 -- --
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 $6,952 $407,000 $147,200 $259,800
2023 $6,422 $407,000 $147,200 $259,800
2022 $6,422 $407,000 $147,200 $259,800
2021 $6,333 $407,000 $147,200 $259,800
2020 $6,300 $407,000 $147,200 $259,800
2019 $6,276 $407,000 $147,200 $259,800
2018 $6,361 $407,000 $147,200 $259,800
2017 $6,370 $407,000 $147,200 $259,800
2016 $6,154 $407,000 $147,200 $259,800
2015 $6,056 $407,000 $147,200 $259,800
2014 $5,942 $407,000 $147,200 $259,800
Source: Public Records

Agents Affiliated with this Home

  • Elise Waldman

    Seller's Agent in 2018

    Elise Waldman

    MARKETPLACE REALTY

    (888) 478-8500

    6 in this area

    38 Total Sales

    Section Image

  • D

    Seller Co-Listing Agent in 2018

    DORI WALDMAN

    MARKETPLACE REALTY

    (609) 226-5051

    1 in this area

    1 Total Sale

    Section Image
  • Joanne Ferraro

    Buyer's Agent in 2018

    Joanne Ferraro

    BHHS Fox & Roach

    (609) 226-4002

    21 in this area

    102 Total Sales

    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 506333

South Jersey Shore Regional MLS

APN: 16-00328-0000-00404-0000-C000B

New Jersey Atlantic County Margate City 08402

108 N Adams Ave Unit B, Margate City, NJ

This home is located at 108 N Adams Ave Unit B, Margate City, NJ 08402 since 04 June 2018 and is currently estimated at $920,728. This property was built in 1999. 108 N Adams Ave Unit B 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.

Nearby Homes