NOT LISTED FOR SALE

16 N Lancaster Ave Margate City, NJ 08402

Estimated Value: $1,176,902 - $1,807,000

3 Beds
2.5 Baths
1,818 Sq Ft
$826/Sq Ft Est. Value

Last Sold August 27, 2013

Last sale price $599,000 $329 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $8,841/month

22 Days on Market

Highlights

  • Deck
  • Loft
  • Eat-In Kitchen
  • William H. Ross III Intermediate School Rated A-
  • Porch
  • Patio

About This Home

As of August 2013

1ST BLOCK NORTH RENOVATED PARKWAY HOME PRICED TO SELL AT THIS NUMBER!! Well-maintained and beautiful with 3 bedrooms, 2.5 baths. Magnificently done! Features a gorgeous kitchen with many upgrades and stainless steel appliances, tile floors throughout and living room with fireplace. Spacious porch & 2nd floor deck. OVERSIZED, FENCED-IN YARD WITH ROOM FOR A POOL! MOVE IN CONDITION, BEST BUY ON THE PARKWAY!! Located just two blocks to the beach on a perfect street. Hurry, before you miss your dream home!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 07/15/2013

BHHS FOX and ROACH-Margate

Last Buyer's Agent

JUNE MARTIN

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,632

Year Built

  • Built in 1947

Lot Details

  • Lot Dimensions are 40x86
  • Fenced
  • Sprinkler System

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Storage
  • Crawl Space

Kitchen

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

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • 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

$8,632

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room
  • Flooring: Tile, W/W Carpet
  • Interior Amenities: Carbon Monoxide Detector, Security System, Storage, Smoke/Fire Alarm
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Eat In Kitchen, Laundry/Utility Room, Loft

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Paved Road, Porch, Shed, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Storms

Garage/Parking

  • Driveway: Concrete

Utilities

  • Air Conditioner: Central, Electric
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40x86
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2013
Closed on
Aug 27, 2013
Sold by
Fleisher Daivd H and Fleisher Phyllis J
Bought by
Ohara Kenneth J and Ohara Diane Thomas
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
JUNE MARTIN
BHHS FOX and ROACH-Margate
List Price
$599,000
Sold Price
$599,000
Current Estimated Value
$1,502,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$903,226
Avg. Annual Appreciation
7.94%
Original Mortgage
$417,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2005
Sold by
Schwartz Jamie A and Schwartz Daniel M
Bought by
Fleisher David H and Fleisher Phyllis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 19, 2000
Sold by
Schwartz Jamie A
Bought by
Schwartz Jamie A and Schwartz Daniel M

Purchase Details

Closed on
Mar 1, 2000
Sold by
Schwartz Daniel M and Schwartz Jamie A
Bought by
Schwartz Jamie A

Purchase Details

Closed on
Oct 20, 1999
Sold by
Cerniglia Rose Marie F and Cerniglia Rosemarie F
Bought by
Schwartz Daniel M and Schwartz Jamie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.73%

Purchase Details

Closed on
Oct 12, 1996
Sold by
Cerniglia Salvatore J and Cerniglia Rosemarie F
Bought by
Cerniglia Rose Marie F

Purchase Details

Closed on
Mar 14, 1995
Sold by
Stiffel Jerry
Bought by
Cerniglia Salvatore J and Cerniglia Rosemarie F
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
Ohara Kenneth J $599,000 Fidelity National Title Ins
Fleisher David H $655,000 Lawyers Title Insurance Corp
Schwartz Jamie A -- --
Schwartz Jamie A -- --
Schwartz Daniel M $320,000 The Title Company
Cerniglia Rose Marie F -- --
Cerniglia Salvatore J $180,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hara Kenneth J O $300,000
Closed Ohara Kenneth J $417,000
Previous Owner Fleisher David H $417,000
Previous Owner Fleisher David H $524,000
Previous Owner Schwartz Daniel M $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2013 08/27/13 Sold $599,000 0.0% $329 / Sq Ft
08/06/2013 08/06/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $599,000 -- $329 / Sq Ft
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 $8,632 $413,400 $338,400 $75,000
2024 $8,632 $505,400 $338,400 $167,000
2023 $7,975 $505,400 $338,400 $167,000
2022 $7,975 $505,400 $338,400 $167,000
2021 $7,864 $505,400 $338,400 $167,000
2020 $7,824 $505,400 $338,400 $167,000
2019 $7,793 $505,400 $338,400 $167,000
2018 $7,899 $505,400 $338,400 $167,000
2017 $7,910 $505,400 $338,400 $167,000
2016 $7,642 $505,400 $338,400 $167,000
2015 $7,520 $505,400 $338,400 $167,000
2014 $7,379 $505,400 $338,400 $167,000
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2013

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    256 in this area

    760 Total Sales

    Paula Hartman
    Section Image

  • J

    Buyer's Agent in 2013

    JUNE MARTIN

    BHHS Fox & Roach

    (609) 442-6162

    7 in this area

    16 Total Sales

    JUNE MARTIN
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 414424

South Jersey Shore Regional MLS

APN: 16-00213-01-00016

New Jersey Atlantic County Margate City 08402

16 N Lancaster Ave, Margate City, NJ

This home is located at 16 N Lancaster Ave, Margate City, NJ 08402 since 15 July 2013 and is currently estimated at $1,502,226, approximately $826 per square foot. This property was built in 1947. 16 N Lancaster 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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