$735,000
SOLD MAR 14, 2025

11 S Adams Ave Unit 7 Margate City, NJ 08402

2 Beds
3 Baths
-- Sq Ft
11 Acres

Recently Sold

5% Below List Price

108 Days on Market

Highlights

  • Ground Level Unit
  • Cathedral Ceiling
  • Bathroom on Main Level
  • William H. Ross III Intermediate School Rated A-
  • Entrance Foyer
  • Forced Air Heating and Cooling System

About This Home

As of March 2025

Welcome to this charming, pet-friendly, sun-drenched Southside townhouse condo in the heart of Margate! This spacious property features two generously sized bedroom suites, each with its own private bathroom, plus an additional full bathroom for guests. Enjoy an inviting living room, a dedicated dining area, and a galley kitchen equipped with stainless steel appliances, including a built-in wine refrigerator—perfect for entertaining! This townhome boasts an enviable location just a short stroll from the beautiful Margate beach, as well as some of the area’s best dining, shopping, and recreational spots, including mini golf. Outdoors, you'll find two private decks, ideal for relaxing and soaking up the coastal breeze, and a convenient carport with a large storage closet for bikes and beach chairs. The property also includes generous storage space throughout the interior, making it easy to keep everything neatly organized. The home is kept comfortable year-round with central air, ceiling fans, and skylights that enhance its bright, open feel. Recent improvements include a new roof on the entire complex, completed just two years ago. Embrace a lifestyle of comfort, convenience, and coastal charm in this beautifully maintained Margate townhouse condo. Don’t miss this opportunity to make it yours!

Last Agent to Sell the Property

Rene Kane

BHHS FOX and ROACH-Margate License #0234462 Listed on: 11/05/2024

BHHS FOX and ROACH-Margate

Co-Listed By

SUSAN SZATMARY

BHHS FOX and ROACH-Margate License #8439586

Last Buyer's Agent

Rene Kane

BHHS FOX and ROACH-Margate License #0234462 Listed on: 11/05/2024

BHHS FOX and ROACH-Margate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,458

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Entrance Foyer
  • Dining Area

Kitchen

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

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • Carport

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • Association fees include insurance, maintenance, management
  • Adams Terrace Condos

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,458

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds
  • Lvt Date: 11/05/2024
  • Age: 25+ Years
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: First Floor, Second Floor, Top Floor
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Full Bathrooms: 3
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: One Car, Carport

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management
  • Condo Name: Adams Terrace
  • Management: Association

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Foyer, Master Bath, Pets Allowed, Skylight

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2024
Closed on
Mar 12, 2025
Sold by
Laskin Barbara K
Bought by
11 S Adams Llc
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
Rene Kane
BHHS FOX and ROACH-Margate
List Price
$775,000
Sold Price
$735,000
Premium/Discount to List
-$40,000
-5.16%
Views
19
Current Estimated Value
$779,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,437
Avg. Annual Appreciation
25.33%

Purchase Details

Closed on
Mar 30, 2001
Sold by
Eisen Abraham and Eisen Sheryl M
Bought by
Raiton Richard F and Raiton Cynthia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
6.96%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $735,000 Two Rivers Title
Bargain Sale Deed $164,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $103,000 New Conventional
Previous Owner $129,500 Unknown
Previous Owner $131,200 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $735,000 -5.2% --
02/21/2025 02/21/25 Pending -- -- --
01/24/2025 01/24/25 Price Changed $775,000 0.0% --
01/24/2025 01/24/25 For Sale $775,000 +5.4% --
12/05/2024 12/05/24 Off Market $735,000 -- --
11/05/2024 11/05/24 For Sale $799,900 +107.8% --
06/01/2012 06/01/12 Sold $385,000 0.0% --
04/14/2012 04/14/12 Pending -- -- --
02/21/2012 02/21/12 For Sale $385,000 -- --
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 $6,458 $378,100 $256,000 $122,100
2023 $5,966 $378,100 $256,000 $122,100
2022 $5,966 $378,100 $256,000 $122,100
2021 $5,883 $378,100 $256,000 $122,100
2020 $5,853 $378,100 $256,000 $122,100
2019 $5,830 $378,100 $256,000 $122,100
2018 $5,910 $378,100 $256,000 $122,100
2017 $5,917 $378,100 $256,000 $122,100
2016 $5,717 $378,100 $256,000 $122,100
2015 $5,626 $378,100 $256,000 $122,100
2014 $5,520 $378,100 $256,000 $122,100
Source: Public Records

Agents Affiliated with this Home

  • Rene Kane

    Seller's Agent in 2025

    Rene Kane

    BHHS Fox & Roach

    (609) 703-8592

    244 Total Sales

    Rene Kane
    Section Image

  • S

    Seller Co-Listing Agent in 2025

    SUSAN SZATMARY

    BHHS Fox & Roach

    (609) 576-0956

    22 Total Sales

    SUSAN SZATMARY
    Section Image
  • Paula Hartman

    Seller's Agent in 2012

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    782 Total Sales

    Paula Hartman
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 590584

South Jersey Shore Regional MLS

APN: 16-00127-0000-00211-0000-C007

New Jersey Atlantic County Margate City 08402

11 S Adams Ave Unit 7, Margate City, NJ

This home is located at 11 S Adams Ave Unit 7, Margate City, NJ 08402 and is currently priced at $735,000. 11 S Adams Ave Unit 7 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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