NOT LISTED FOR SALE

11 N Jefferson Ave A Margate, NJ 08402

Estimated Value: $1,559,000 - $1,620,000

4 Beds
4 Baths
-- Sq Ft
2020 Built

Last Sold June 30, 2020

Last sale price $915,000

Est. 74% increase in value since last sale

Current estimated payment $9,781/month

48 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Cathedral Ceiling
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • Wood Under Carpet

About This Home

As of June 2020

Luxury new construction in Margate's Presidential Streets by S. Baglivo. This four level, spacious townhouse has four bedrooms, four full bathrooms plus a den/flex room and front and rear deck space, making it ideal for entertaining at the shore! The main living level has an open concept layout with a dining area and high-end kitchen complete with quartz countertops, a custom appliance package, ample cabinet space with under lighting and designer finishes. Other features include a master suite with vaulted ceilings and walk-in closet, private elevator, 2-car attached garage, storage, large backyard for summer BBQs, an optional pool and more. Sitting just over a block to the beach, close to shopping and dining, this home is the ultimate destination for summer or year-round living.

Last Agent to Sell the Property

Linda Novelli

Compass Real Estate-Margate Listed on: 03/31/2020

Compass Real Estate-Margate

Co-Listed By

Vincent Novelli

Compass Real Estate-Margate

Last Buyer's Agent

ROSENZWEIG, TROY ROSENZWEIG

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,091

Year Built

  • Built in 2020 | New Construction

Lot Details

  • Lot Dimensions are 50x115
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage

Home Design

  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Dining Area
  • Wood Under Carpet

Kitchen

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

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,091

Year Built

Built in 2020 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Townhouse
  • Age: 0 To 1 Year
  • Lvt Date: 03/31/2020
  • New Construction: Yes
  • Year Built: 2020
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: W/W Over Hardwood
  • Interior Amenities: Cathedral Ceiling, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 4
  • Full Bathrooms: 4
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Pool-In Ground, Sidewalks, Sprinkler System
  • Siding Exterior: Stone, Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Lot Dimensions: 50X115
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2020
Closed on
Jun 30, 2020
Sold by
Baglivo Steven B
Bought by
Erlichman Neil and Erlichman Andrea
Seller's Agent
Linda Novelli
Compass Real Estate-Margate
Buyer's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
List Price
$929,999
Sold Price
$915,000
Premium/Discount to List
-$14,999
-1.61%
Current Estimated Value
$1,591,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$676,919
Avg. Annual Appreciation
11.24%
Original Mortgage
$686,250
Outstanding Balance
$610,989
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$980,930
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
Erlichman Neil $915,000 American Legal Abstract Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Erlichman Neil $686,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $915,000 -1.6% --
05/18/2020 05/18/20 Pending -- -- --
03/31/2020 03/31/20 For Sale $929,999 -- --
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 $14,091 $825,000 $171,400 $653,600
2024 $14,091 $825,000 $171,400 $653,600
2023 $13,019 $825,000 $171,400 $653,600
2022 $13,019 $825,000 $171,400 $653,600
2021 $13,372 $859,400 $171,400 $688,000
Source: Public Records

Agents Affiliated with this Home

  • Linda Novelli

    Seller's Agent in 2020

    Linda Novelli

    Compass Real Estate-Margate

    (609) 839-3715

    83 in this area

    171 Total Sales

    Linda Novelli
    Section Image
  • Vincent Novelli

    Seller Co-Listing Agent in 2020

    Vincent Novelli

    Compass Real Estate-Margate

    (609) 335-4501

    48 in this area

    73 Total Sales

    Vincent Novelli
    Section Image

  • R

    Buyer's Agent in 2020

    ROSENZWEIG, TROY ROSENZWEIG

    BHHS Fox & Roach

    (609) 209-4495

    137 in this area

    173 Total Sales

    ROSENZWEIG, TROY ROSENZWEIG
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 535788

South Jersey Shore Regional MLS

APN: 16 00228-0000-00307-0000-C000A

New Jersey Atlantic County Margate 08402

11 N Jefferson Ave A, Margate, NJ

This home is located at 11 N Jefferson Ave A, Margate, NJ 08402 since 31 March 2020 and is currently estimated at $1,591,919. This property was built in 2020. 11 N Jefferson Ave A 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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