NOT LISTED FOR SALE

16 N Jefferson Ave Margate City, NJ 08402

Estimated Value: $597,000 - $1,571,877

3 Beds
2 Baths
-- Sq Ft
3,136 Sq Ft Lot

Highlights

  • Wood Flooring
  • Furnished
  • Dining Area
  • William H. Ross III Intermediate School Rated A-
  • Storage

About This Home

As of May 2013

COMPLETELY REMODELED SUMMER RENTAL AVAILABLE MD-JULY 31ST! Upstairs unit featuring 3 bedrooms plus loft and 2 full baths. Updates include new kitchen, newer appliances, beautiful hardwoods, Jacuzzi tub, newer roof, newer siding, newer water heater and more! Large 125' deep lot with shared fenced-in yard. Front deck. Great first block North location just 2 blocks to the beach! WALK TO EVERYTHING- stores, restaurants, ice cream, shopping..all just a block away!

Last Agent to Rent the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 03/05/2013

BHHS FOX and ROACH-Margate

Co-Listed By

Kathy Pileggi

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Last Renter's Agent

Kathy Pileggi

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,174

Year Built

  • 1922

Lot Details

  • 3,136

Home Design

  • Duplex

Interior Spaces

  • Furnished
  • Dining Area
  • Storage
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Gas Water Heater

Community Details

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,174

Year Built

1922

Lot Details

0

Rental Info

  • Pets Allowed: No Pets Allowed
  • Furnished: Yes
  • Furnished Leased: Yes
  • Lease Duration Options: Split Season 1st Half, June, July
  • Lease Duration: Split Season 1st Half
  • July Price: 8000
  • Split Season 1st Half Price: 10000

Listing Details

  • Class: Rental Non-Commercial
  • Type: Duplex (Rental)
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built (Public Record): 1922

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2019
Sold by
Rupert Ted and Rupert Catherine
Bought by
Girardi Philip and Girardi Dina B
Current Estimated Value
$1,092,719

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
Outstanding Balance
$277,505
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$815,214

Purchase Details

Closed on
Apr 22, 2011
Sold by
Dermody Alfred J and Dermody Dawn
Bought by
Rupert Ted and Rupert Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,100
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2005
Sold by
Kelley Robert W
Bought by
Dermody Alfred J and Dermody Dawn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$479,200
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 26, 2005
Sold by
Casula Margarat
Bought by
Kelley Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,900
Interest Rate
8.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 1995
Sold by
Benevento Mark A
Bought by
Casula Praveen K and Casula Margaret
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
Girardi Philip $420,000 Surety Title Company Llc
Rupert Ted $497,500 First American Title Ins Co
Dermody Alfred J $599,000 Commonwealth Land Title Insu
Kelley Robert $382,000 --
Casula Praveen K $103,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Girardi Philip $315,000
Previous Owner Rupert Ted $373,100
Previous Owner Dermody Alfred J $479,200
Previous Owner Kelley Robert $362,900
Previous Owner Casula Praveen K $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2013 05/23/13 Rented -- -- --
04/23/2013 04/23/13 Under Contract -- -- --
03/05/2013 03/05/13 For Rent -- -- --
10/11/2012 10/11/12 Rented -- -- --
09/11/2012 09/11/12 Under Contract -- -- --
07/18/2012 07/18/12 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 $7,174 $420,000 $210,000 $210,000
2024 $7,174 $420,000 $210,000 $210,000
2023 $6,628 $420,000 $210,000 $210,000
2022 $6,628 $420,000 $210,000 $210,000
2021 $6,535 $420,000 $210,000 $210,000
2020 $7,161 $462,600 $210,000 $252,600
2019 $7,133 $462,600 $210,000 $252,600
2018 $7,230 $462,600 $210,000 $252,600
2017 $7,240 $462,600 $210,000 $252,600
2016 $6,995 $462,600 $210,000 $252,600
2015 $6,883 $462,600 $210,000 $252,600
2014 $6,754 $462,600 $210,000 $252,600
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Landlord's Agent in 2013

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    256 in this area

    761 Total Sales

    Paula Hartman
    Section Image
  • Kathy Pileggi

    Landlord's Co-Listing Agent in 2013

    Kathy Pileggi

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 432-8131

    4 in this area

    65 Total Sales

    Kathy Pileggi
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 407630

South Jersey Shore Regional MLS

APN: 16-00229-0000-00314

New Jersey Atlantic County Margate City 08402

16 N Jefferson Ave, Margate City, NJ

This home is located at 16 N Jefferson Ave, Margate City, NJ 08402 since 05 March 2013 and is currently priced at $1,092,719. This property was built in 1922. 16 N Jefferson 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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