NOT LISTED FOR SALE

110 S Andover Ave Margate City, NJ 08402

Estimated Value: $9,003,930

5 Beds
4.5 Baths
-- Sq Ft
6,273 Sq Ft Lot

Last Sold December 10, 2021

Last sale price $6,350,000

Est. 42% increase in value since last sale

Current estimated payment $52,376/month

49 Days on Market

Highlights

  • Ocean Front
  • Whirlpool Bathtub
  • Den
  • William H. Ross III Intermediate School Rated A-
  • Great Room
  • Eat-In Kitchen

About This Home

As of December 2021

This Oceanfront Margate home situated on an oversized 62’ x 100’ corner lot is the ultimate opportunity you have been searching for! Enjoy majestic sunrises from multi level decks with the boardwalk just a short stroll away. A welcoming grand entrance with custom winding wooden staircase compliments this contemporary styled home. Easy beach living with an open floor design and a wall of windows encompasses the living, dining area and meticulous oversized kitchen. Also on the first floor neatly tucked away is the media room and full sized laundry. Five bedrooms including the master with private balcony and full bath are all located on the second floor. Other highlights include multi-zoned heating and AC, two car garage with ample off street parking. By Appointment only - listing agent accompany .

Last Agent to Sell the Property

Joseph DiLorenzo

DILORENZO REALTY GROUP, LLC Listed on: 10/06/2021

Co-Listed By

Jaime Kravitz

DILORENZO REALTY GROUP, LLC

Last Buyer's Agent

Paula Hartman

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $39,802

Lot Details

  • Lot Dimensions are 100 x 62.5
  • Ocean Front

Parking

  • 2 Car Garage

Interior Spaces

  • 2-Story Property
  • Great Room
  • Dining Area
  • Den
  • Storage
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Fire and Smoke Detector

Utilities

  • Forced Air Zoned Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$39,802

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Lvt Date: 10/06/2021
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Washer
  • Flooring: Tile, W/W Carpet
  • Interior Amenities: Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Bulkheaded, Ocean Front, Water View
  • Lot Dimensions: 100 x 62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2022
Sold by
Fimsim Capital Lp
Bought by
Fimsim Capital Gp Llc
Current Estimated Value
$9,003,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
4.67%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 6, 2021
Closed on
Dec 6, 2021
Sold by
Zuritsky Family 2012 Margate Trust
Bought by
Fimsim Capital Lp
Seller's Agent
Joseph DiLorenzo
DILORENZO REALTY GROUP, LLC
Buyer's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
List Price
$6,499,000
Sold Price
$6,350,000
Premium/Discount to List
-$149,000
-2.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.87%

Purchase Details

Closed on
Sep 18, 2015
Sold by
Collier Robert
Bought by
National Salvage Llc

Purchase Details

Closed on
Dec 27, 2012
Sold by
Zuritsky Joseph B and Zuritsky Renee
Bought by
Zuritsky 2012 Margate Family Trust and Zuritsky Robert A

Purchase Details

Closed on
Oct 1, 1995
Sold by
Zuritsky Joseph S and Zuritsky Renee
Bought by
Zuritsky Joseph S and Zuritsky Renee

Purchase Details

Closed on
May 17, 1995
Sold by
Zuritsky Joseph S and Zuritsky Renee
Bought by
Zuritsky Joseph S and Zuritsky Renee
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 Buyer Sale Price Title Company
Fimsim Capital Gp Llc -- --
Fimsim Capital Lp $6,050,000 New Title Company Name
National Salvage Llc -- Attorney
Zuritsky 2012 Margate Family Trust -- First American Title
Zuritsky Family Trust -- First American Title
Zuritsky Joseph S -- --
Zuritsky Joseph S $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fimsim Capital Gp Llc $3,500,000
Previous Owner The Zuritsky 2012 Margate Family Trust $600,000
Previous Owner Zuritsky Joseph S $2,200,000
Previous Owner Zuritsky Joseph S $450,000
Previous Owner Zuritsky Joseph S $700,000
Previous Owner Zuritsky Joseph S $700,000
Previous Owner Zuritsky Joseph S $400,000
Previous Owner Zuritsky Joseph S $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/10/2021 12/10/21 Sold $6,350,000 -2.3% --
11/24/2021 11/24/21 Pending -- -- --
10/06/2021 10/06/21 For Sale $6,499,000 -- --
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
2025 $39,802 $2,904,200 $2,330,300 $573,900
2024 $39,802 $2,330,300 $2,330,300 $0
2023 $43,947 $2,785,000 $2,330,300 $454,700
2022 $43,947 $2,785,000 $2,330,300 $454,700
2021 $43,335 $2,785,000 $2,330,300 $454,700
2020 $43,112 $2,785,000 $2,330,300 $454,700
2019 $42,945 $2,785,000 $2,330,300 $454,700
2018 $43,530 $2,785,000 $2,330,300 $454,700
2017 $43,820 $2,800,000 $2,330,300 $469,700
2016 $42,336 $2,800,000 $2,330,300 $469,700
2015 $41,664 $2,800,000 $2,330,300 $469,700
2014 $40,880 $2,800,000 $2,330,300 $469,700
Source: Public Records

Agents Affiliated with this Home

  • Joseph DiLorenzo

    Seller's Agent in 2021

    Joseph DiLorenzo

    DILORENZO REALTY GROUP, LLC

    (609) 226-9634

    10 in this area

    23 Total Sales

    Joseph DiLorenzo
    Section Image
  • Jaime Kravitz

    Seller Co-Listing Agent in 2021

    Jaime Kravitz

    DILORENZO REALTY GROUP, LLC

    (609) 226-6464

    38 in this area

    63 Total Sales

    Jaime Kravitz
    Section Image
  • Paula Hartman

    Buyer's Agent in 2021

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    257 in this area

    764 Total Sales

    Paula Hartman
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 556207

South Jersey Shore Regional MLS

APN: 16-00001-02-00012

New Jersey Atlantic County Margate City 08402

110 S Andover Ave, Margate City, NJ

This home is located at 110 S Andover Ave, Margate City, NJ 08402 since 06 October 2021 and is currently estimated at $9,003,930. 110 S Andover Ave is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and St. James Elementary School.

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