NOT LISTED FOR SALE

111 N Brunswick Ave Margate City, NJ 08402

Estimated Value: $1,040,000 - $1,845,000

5 Beds
4 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold May 15, 2024

Last sale price $1,775,000

Est. 10% decrease in value since last sale

Current estimated payment $9,233/month

147 Days on Market

Highlights

  • New Construction
  • Deck
  • Great Room
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of May 2024

Luxury new construction situated on a beautiful lot in Margate’s highly desirable Down Beach Section. Taking full advantage of elevation 14 design, this stunning custom property offers full-size garage, large storage area, amazing outside entertaining, oasis like rear yard, complete with large veranda flowing into a huge paver patio along with multiple sun-drenched entertaining decks. Interior features include: 2.5 levels of luxury highlighting a 4 stop elevator, open floor plan concept with upgraded chef kitchen featuring huge island for casual dining, flowing seamlessly into a large open dining area and adjacent to A wonderful family great room, with an abundance of natural light flowing in. Second floor accomplices 3 en’suites with the master suite boasting a fully customize bath complete with large walk-in shower with custom tiles and frameless glass surround, true walk in closet and private deck. Third level includes 2 additional large bedrooms with a full bath complete with designer fixtures, tile and bathing tub. Seller reserves the right to modify/change plans with no notice.

Last Agent to Sell the Property

ROSENZWEIG, TROY ROSENZWEIG

BHHS FOX and ROACH-Margate Listed on: 03/29/2023

Co-Listed By

STACY SCHERR

BHHS FOX and ROACH-Margate

Last Buyer's Agent

ROSENZWEIG, TROY ROSENZWEIG

BHHS FOX and ROACH-Margate Listed on: 03/29/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,815

Year Built

  • Built in 2023 | New Construction

Lot Details

  • Lot Dimensions are 40x62.5

Parking

  • 1 Car Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 3-Story Property
  • Elevator
  • Ceiling Fan
  • Great Room
  • Dining Area
  • Storage
  • Laundry Room

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,815

Year Built

Built in 2023 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 05/16/2024
  • New Construction: Yes
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Basement: Slab
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Curbs, Deck, Patio, Paved Road, Sidewalks, Enclosed Outside Shower

Garage/Parking

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

Utilities

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

Lot Info

  • Lot Dimensions: 40x62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2023
Closed on
May 15, 2024
Sold by
Daljack Properties Llc
Bought by
Jerome Robert M and Cohen Natalie B
Seller's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
Buyer's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
List Price
$1,775,000
Sold Price
$1,775,000
Views
436
Current Estimated Value
$1,590,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$184,807
Avg. Annual Appreciation
-8.29%
Original Mortgage
$600,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 5, 2021
Closed on
Nov 1, 2021
Sold by
Adams Robert K and Adams Maureen
Bought by
Daljack Properties Llc
Seller's Agent
Jeanne Jones
MARKETPLACE REALTY
Buyer's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
List Price
$479,000
Sold Price
$500,000
Premium/Discount to List
$21,000
4.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
64.67%

Purchase Details

Closed on
Nov 13, 2001
Sold by
Placentra Michael A
Bought by
Adams Robert K and Adams Maureen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.7%
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
Jerome Robert M $1,775,000 Surety Title
Daljack Properties Llc $500,000 Surety Title
Adams Robert K $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jerome Robert M $619,000
Closed Jerome Robert M $600,000
Previous Owner Adams Maureen $139,500
Previous Owner Adams Maureen $139,500
Previous Owner Adams Robert K $140,000
Previous Owner Placentra Michael A $70,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $1,775,000 0.0% --
08/23/2023 08/23/23 Pending -- -- --
03/31/2023 03/31/23 Price Changed $1,775,000 -4.1% --
03/31/2023 03/31/23 Price Changed $1,850,000 +4.2% --
03/29/2023 03/29/23 For Sale $1,775,000 +255.0% --
11/01/2021 11/01/21 Sold $500,000 +4.4% --
08/11/2021 08/11/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $479,000 -- --
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 $6,815 $1,025,000 $214,900 $810,100
2024 $6,815 $399,000 $214,900 $184,100
2023 $3,391 $214,900 $214,900 $0
2022 $3,391 $214,900 $214,900 $0
2021 $4,265 $274,100 $214,900 $59,200
2020 $4,243 $274,100 $214,900 $59,200
2019 $4,227 $274,100 $214,900 $59,200
2018 $4,284 $274,100 $214,900 $59,200
2017 $4,290 $274,100 $214,900 $59,200
2016 $4,144 $274,100 $214,900 $59,200
2015 $4,079 $274,100 $214,900 $59,200
2014 $4,002 $274,100 $214,900 $59,200
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2024

    ROSENZWEIG, TROY ROSENZWEIG

    BHHS Fox & Roach

    (609) 209-4495

    138 in this area

    174 Total Sales

    ROSENZWEIG, TROY ROSENZWEIG
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    STACY SCHERR

    BHHS Fox & Roach

    (267) 228-8043

    76 in this area

    90 Total Sales

    STACY SCHERR
    Section Image
  • Jeanne Jones

    Seller's Agent in 2021

    Jeanne Jones

    MARKETPLACE REALTY

    (609) 335-7164

    7 in this area

    19 Total Sales

    Jeanne Jones
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 572558

South Jersey Shore Regional MLS

APN: 16-00303-01-00006

New Jersey Atlantic County Margate City 08402

111 N Brunswick Ave, Margate City, NJ

This home is located at 111 N Brunswick Ave, Margate City, NJ 08402 since 29 March 2023 and is currently estimated at $1,590,193. This property was built in 2023. 111 N Brunswick 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.

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