NOT LISTED FOR SALE

18 N Madison Ave Unit A Margate City, NJ 08402

Estimated Value: $828,000 - $888,000

3 Beds
2 Baths
-- Sq Ft
6,229 Sq Ft Lot

Last Sold September 30, 2020

Last sale price $485,000

Est. 81% increase in value since last sale

Current estimated payment $5,115/month

10 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Primary Bedroom
  • Den
  • William H. Ross III Intermediate School Rated A-
  • Ground Level Unit
  • Eat-In Kitchen

About This Home

As of September 2020

Beautifully & tastefully renovated condo conveniently located on the 1st block N of Madison Ave, in Margates highly desirable Marina district. This A+ Location is the perfect spot to enjoy life at the shore! The expansive sun drenched front porch is perfect to either relax with a book or entertain family & friends while you’re enjoying the gentle ocean breezes or have it made in the shade with the electric retractable awning. The over sized covered rear deck is an amazing spot to dine or just kick back and enjoy your time at the shore. The interior features A large but cozy living room which flows directly into the full-service kitchen with an upgraded SS app pkg, custom cabinetry & peninsula seating 3 comfortably. The adjacent den is bright and airy & with the double slider leading to the expansive rear patio. The Luxurious master suite boasts His & her closets, practical make up counter & deck accessibility & is also highlighted with a stunning fully tiled bathroom featuring walk in shower and designer fixtures. The two guest bedrooms are gracious in size w/ large closets and are serviced by a fully tiled bathroom featuring a large shower complete with bench, frameless glass doors and designer pedestal sink. Parking becomes a non-issue with two off-street parking spots smartly located in the rear of the property. Entire contents is negotiable with minor exceptions. Condo fee will be updated shortly.

Last Agent to Sell the Property

TROY ROSENZWEIG

BHHS FOX and ROACH-Margate Listed on: 07/24/2020

BHHS FOX and ROACH-Margate

Last Buyer's Agent

TROY ROSENZWEIG

BHHS FOX and ROACH-Margate Listed on: 07/24/2020

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,364

Lot Details

  • 6,229

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Dining Area
  • Den
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • Association fees include insurance, maintenance

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,364

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: First Floor
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room, Pantry, Primary Br On 1st Floor

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance
  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2020
Closed on
Sep 28, 2020
Sold by
Babins Andrea and Babins Marc
Bought by
Fogarty Bruce E and Fogarty Susan J
Seller's Agent
TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
Buyer's Agent
TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
List Price
$489,900
Sold Price
$485,000
Premium/Discount to List
-$4,900
-1%
Current Estimated Value
$875,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$390,798
Avg. Annual Appreciation
11.92%
Original Mortgage
$388,000
Outstanding Balance
$344,476
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$516,988

Purchase Details

Closed on
Aug 12, 2004
Sold by
Pirolli Nicholas and Pirolli Antoinette
Bought by
Babins Marc and Babins Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$298,000
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
18 North Madison Avenue Condo
Bought by
Kaleck Jordan and Fishman Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.77%
Source: Public Records

Range of Values:

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Average Value
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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
Fogarty Bruce E $485,000 Surety Title
Babins Marc $372,500 Commonwealth Land Title Insu
Kaleck Jordan $250,000 --
Pirolli Nicholas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fogarty Bruce E $388,000
Previous Owner Babins Marc $298,000
Previous Owner Pirolli Nicholas $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2020 09/30/20 Sold $485,000 -1.0% --
08/03/2020 08/03/20 Pending -- -- --
07/24/2020 07/24/20 For Sale $489,900 -- --
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 $6,364 $372,600 $178,500 $194,100
2024 $6,364 $372,600 $178,500 $194,100
2023 $5,880 $372,600 $178,500 $194,100
2022 $5,880 $372,600 $178,500 $194,100
2021 $5,798 $372,600 $178,500 $194,100
2020 $5,768 $372,600 $178,500 $194,100
2019 $5,745 $372,600 $178,500 $194,100
2018 $5,824 $372,600 $178,500 $194,100
2017 $5,831 $372,600 $178,500 $194,100
2016 $5,634 $372,600 $178,500 $194,100
2015 $5,544 $372,600 $178,500 $194,100
2014 $5,440 $372,600 $178,500 $194,100
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2020

    TROY ROSENZWEIG

    BHHS Fox & Roach

    (609) 209-4495

    119 in this area

    154 Total Sales

    TROY ROSENZWEIG
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 539926

South Jersey Shore Regional MLS

APN: 16-00230-0000-00314-0000-C000A

New Jersey Atlantic County Margate City 08402

18 N Madison Ave Unit A, Margate City, NJ

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