NOT LISTED FOR SALE

19 N Douglas Ave Margate City, NJ 08402

Estimated Value: $810,000 - $1,229,000

2 Beds
1 Bath
-- Sq Ft
2,352 Sq Ft Lot

Last Sold February 23, 2019

Last sale price $370,000

Est. 183% increase in value since last sale

Current estimated payment $6,142/month

Highlights

  • Building is beachfront but unit may not have water views
  • Main Floor Primary Bedroom
  • Patio
  • William H. Ross III Intermediate School Rated A-
  • Furnished
  • Laundry Room

About This Home

As of August 2023

Great Location! AVAILABLE August to Labor Day. Located 2 Blocks to the Beach. Spacious 2 Bedroom / 1 Bath home on the 1st Floor. Fully furnished and updated. It’s a prime location in the heart of Margate; Steps to the beach, walk to Margate's shops and restaurants or to Ventnor’s best eateries. Only a quick drive to Ocean City to enjoy the Boardwalk and shops. This is an ideal place to relax and enjoy all the comforts of a first-class vacation. Sleeps 4-6 comfortably with 1 Queen bed, 2 twins and 1 Queen sleeper sofa. Guests will need to bring their own linens, towels, personal items and beach supplies. Property also features a nice back yard with shared BBQ area and outdoor shower. Located close to Ventnor & Atlantic Ave. Come Enjoy the Summer! Non-smoking unit and 1 small/medium size dog will be considered.

Last Agent to Rent the Property

Tricia Morgan

REAL-MARGATE Listed on: 01/15/2023

Last Renter's Agent

Judi Cohen

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,859

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 37.37x62.5
  • Building is beachfront but unit may not have water views

Home Design

  • Duplex

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Dining Room
  • Laminate Flooring

Kitchen

  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Patio

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

  • Pet Restriction

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,859

Year Built

Built in 1925

Lot Details

0

Rental Info

  • Pets Allowed: Yes W/Restrictions
  • Furnished: Yes
  • Furnished Leased: Yes
  • Lease Duration Options: Full Summer, Split Season 1st Half, Spilt Season 2nd Half, May, June, July, August, September
  • Lease Duration: August
  • May Price: 3500
  • June Price: 9500
  • July Price: 12500
  • August Price: 12500
  • September Price: 7000
  • Sleeps Number: 6

Listing Details

  • Class: Rental Non-Commercial
  • Type: Duplex (Rental)
  • Lvt Date: 01/15/2023
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: Laminate Flooring
  • Interior Amenities: Smoke/Fire Alarm
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Laundry/Utility Room, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Outside Shower, Patio
  • Storm Screens: Screens

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 37.37x62.5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2018
Closed on
Feb 22, 2019
Sold by
Muskett Joanne C
Bought by
Morgan Tricia Michelle
Seller's Agent
GARRETT F TURNBULL
NEW ERA REAL ESTATE-B
Buyer's Agent
GARRETT F TURNBULL
NEW ERA REAL ESTATE-B
List Price
$425,000
Sold Price
$370,000
Premium/Discount to List
-$55,000
-12.94%
Current Estimated Value
$1,045,477

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$675,477
Avg. Annual Appreciation
17.13%
Original Mortgage
$259,000
Outstanding Balance
$228,165
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$817,312

Purchase Details

Closed on
Mar 23, 1972
Bought by
Muskett Joanne C
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
Morgan Tricia Michelle $370,000 City Abstract Llc
Muskett Joanne C $20,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morgan Tricia Michelle $259,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Rented -- -- --
03/21/2023 03/21/23 Price Changed $12,500 -7.4% --
01/15/2023 01/15/23 For Rent $13,500 +58.8% --
05/15/2021 05/15/21 Rented -- -- --
02/24/2021 02/24/21 For Rent $8,500 +608.3% --
10/15/2019 10/15/19 Rented -- -- --
09/21/2019 09/21/19 Price Changed $1,200 -14.3% --
08/06/2019 08/06/19 Price Changed $1,400 -76.7% --
07/17/2019 07/17/19 Price Changed $6,000 -20.0% --
07/02/2019 07/02/19 Price Changed $7,500 -16.7% --
06/27/2019 06/27/19 For Rent $9,000 0.0% --
02/23/2019 02/23/19 Sold $370,000 -7.3% --
12/11/2018 12/11/18 Pending -- -- --
10/26/2018 10/26/18 Price Changed $399,000 -6.1% --
09/30/2018 09/30/18 For Sale $425,000 -- --
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
2025 $6,859 $401,600 $270,000 $131,600
2024 $6,859 $401,600 $270,000 $131,600
2023 $6,337 $401,600 $270,000 $131,600
2022 $6,337 $401,600 $270,000 $131,600
2021 $6,249 $401,600 $270,000 $131,600
2020 $6,217 $401,600 $270,000 $131,600
2019 $6,193 $401,600 $270,000 $131,600
2018 $6,277 $401,600 $270,000 $131,600
2017 $6,285 $401,600 $270,000 $131,600
2016 $6,072 $401,600 $270,000 $131,600
2015 $5,976 $401,600 $270,000 $131,600
2014 $5,863 $401,600 $270,000 $131,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 570216

South Jersey Shore Regional MLS

APN: 16-00204-03-00012