NOT LISTED FOR SALE

115 N Essex Ave Margate City, NJ 08402

Estimated Value: $855,174 - $959,000

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

Last Sold August 12, 2022

Last sale price $730,000

Est. 25% increase in value since last sale

Current estimated payment $5,390/month

24 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Main Floor Primary Bedroom
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Porch

About This Home

As of August 2022

This is your classic Margate beach house in a great location! Walk to the beach, restaurants and shops from this adorable 4BR/2BA home. Enter the home from the front porch with retractable awning into a light filled living room with beautiful natural hardwood floors throughout. Adjacent to the living area is the large eat in kitchen, access to the washer and dryer and door to the side yard. There are 2 first floor bedrooms, one currently being used as a family room, and an updated full bathroom. The second floor has 2 nice size bedrooms and an updated large full bathroom. The exterior highlights include an enclosed outdoor shower, low maintenance landscaping and a spacious multi-level back deck perfect for relaxing or entertaining. Do not miss out on this charming shore home, call us to book a showing today!! Open House Saturday 6/18 from 11am to 1pm...

Last Agent to Sell the Property

Sean Tannehill

NEW ERA REAL ESTATE-B Listed on: 06/14/2022

NEW ERA REAL ESTATE-B

Last Buyer's Agent

CHARLENE GOFF

WEICHERT REALTORS BRIGANTINE REALTY

WEICHERT REALTORS BRIGANTINE REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,919

Lot Details

  • Lot Dimensions are 40 x 62.5
  • Sprinkler System

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Recreation Room
  • Storage
  • Crawl Space

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

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

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,919

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains
  • Lvt Date: 06/15/2022
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 4
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Basement: Crawl Space
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Eat In Kitchen, Pantry, Recreation/Family, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Porch, Shed, Sprinkler System, Enclosed Outside Shower
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car

Utilities

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

Lot Info

  • Lot Dimensions: 40 x 62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 8, 2022
Sold by
Weisman Morris R and Weisman Kristin
Bought by
Baer Michael Z and Baer Jane E
Seller's Agent
Sean Tannehill
NEW ERA REAL ESTATE-B
Buyer's Agent
CHARLENE GOFF
WEICHERT REALTORS BRIGANTINE REALTY
List Price
$775,000
Sold Price
$730,000
Premium/Discount to List
-$45,000
-5.81%
Current Estimated Value
$914,044

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$184,044
Avg. Annual Appreciation
7.65%
Original Mortgage
$300,000
Outstanding Balance
$287,202
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$626,842

Purchase Details

Closed on
May 8, 2009
Sold by
Marcello Helene
Bought by
Weisman Morris R and Ramsdell Kristin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
4.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2002
Sold by
Costantino Michael and Costantino Kimberly
Bought by
Marcello Michael and Marcello Helene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.13%

Purchase Details

Closed on
May 16, 2001
Sold by
Schulte Betty Mae
Bought by
Constantino Michael and Constantino Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
7.03%
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
Baer Michael Z $730,000 Foundation Title
Weisman Morris R $350,000 Foundation Title
Marcello Michael $230,000 The Title Company Of Jersey
Constantino Michael $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Baer Michael Z $300,000
Previous Owner Weisman Morris R $247,500
Previous Owner Weisman Morris R $283,200
Previous Owner Weisman Morris R $315,000
Previous Owner Marcello Michael $184,000
Previous Owner Costantino Michael $15,000
Previous Owner Constantino Michael $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2022 08/12/22 Sold $730,000 -5.8% --
07/08/2022 07/08/22 Pending -- -- --
06/14/2022 06/14/22 For Sale $775,000 0.0% --
08/01/2013 08/01/13 Rented -- -- --
07/02/2013 07/02/13 Under Contract -- -- --
03/11/2013 03/11/13 For Rent -- -- --
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 $4,919 $288,000 $214,900 $73,100
2024 $4,919 $288,000 $214,900 $73,100
2023 $4,545 $288,000 $214,900 $73,100
2022 $4,545 $288,000 $214,900 $73,100
2021 $4,481 $288,000 $214,900 $73,100
2020 $4,458 $288,000 $214,900 $73,100
2019 $4,441 $288,000 $214,900 $73,100
2018 $4,501 $288,000 $214,900 $73,100
2017 $4,507 $288,000 $214,900 $73,100
2016 $4,355 $288,000 $214,900 $73,100
2015 $4,285 $288,000 $214,900 $73,100
2014 $4,205 $288,000 $214,900 $73,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 564085

South Jersey Shore Regional MLS

APN: 16-00305-01-00008