$1,400,000
SOLD DEC 2, 2024

112 N Monroe Ave Unit B Margate City, NJ 08402

5 Beds
3.5 Baths
-- Sq Ft
0.5 Acres

Recently Sold

10% Below List Price

5 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • Eat-In Kitchen
  • William H. Ross III Intermediate School Rated A-
  • 2 Car Attached Garage
  • Bar

About This Home

As of December 2024

Move in condition - centrally located near restaurants and the vibrant Marina District of Margate NJ Only 8 years old, maintenance free exterior with off-street parking and an oversized 2 car garage for abundant storage Multiple decks for relaxation as well as a rear yard This unit contains 5 bedrooms and 3.5 baths in 3 stories! ELEVATOR to all levels! Call for details or for an appointment

Last Agent to Sell the Property

Jerome DiPentino

LONG and FOSTER REAL ESTATE INC-Longport License #RB-9110222 Listed on: 10/04/2024

LONG and FOSTER REAL ESTATE INC-Longport

Last Buyer's Agent

SUSAN SZATMARY

BHHS FOX and ROACH-Margate License #8439586

BHHS FOX and ROACH-Margate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,100

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3-Story Property
  • Elevator
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

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

Community Details

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,100

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Lvt Date: 10/04/2024
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • 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: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Powder Room Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room, Pantry

Garage/Parking

  • Garage: Two Car, Attached Garage
  • 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 Water
  • Water Heater: Tankless-Gas

Condo/Co-op/Association

  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Bar, Cathedral Ceiling(s), Elevator, Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2024
Closed on
Nov 26, 2024
Sold by
Lanzelotti Thomas J and Lanzelotti Lori G
Bought by
Platinsky Marc and Platinsky Shari
Seller's Agent
Jerome DiPentino
LONG and FOSTER REAL ESTATE INC-Longport
Buyer's Agent
SUSAN SZATMARY
BHHS FOX and ROACH-Margate
List Price
$1,550,000
Sold Price
$1,400,000
Premium/Discount to List
-$150,000
-9.68%
Views
23
Current Estimated Value
$1,443,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,175
Avg. Annual Appreciation
6.05%
Source: Public Records

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Range of Values:

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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 $1,400,000 None Listed On Document
Deed $1,400,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $294,950 New Conventional
Previous Owner $450,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $1,400,000 -9.7% --
10/09/2024 10/09/24 Pending -- -- --
10/04/2024 10/04/24 For Sale $1,550,000 -- --
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 $11,100 $649,900 $195,600 $454,300
2023 $10,255 $649,900 $195,600 $454,300
2022 $10,255 $649,900 $195,600 $454,300
2021 $10,112 $649,900 $195,600 $454,300
2020 $10,060 $649,900 $195,600 $454,300
2019 $10,021 $649,900 $195,600 $454,300
Source: Public Records

Agents Affiliated with this Home

  • Jerome DiPentino

    Seller's Agent in 2024

    Jerome DiPentino

    LONG and FOSTER REAL ESTATE INC-Longport

    (609) 432-5588

    6 in this area

    48 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    SUSAN SZATMARY

    BHHS Fox & Roach

    (609) 576-0956

    18 in this area

    22 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 589701

South Jersey Shore Regional MLS

APN: 16 00331-0000-00410-0000-C000B

New Jersey Atlantic County Margate City 08402

112 N Monroe Ave Unit B, Margate City, NJ

This home is located at 112 N Monroe Ave Unit B, Margate City, NJ 08402 and is currently priced at $1,400,000. 112 N Monroe 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.

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