NOT LISTED FOR SALE

20 N Clermont Ave Unit A Margate City, NJ 08402

Estimated Value: $651,000 - $775,000

2 Beds
1 Bath
-- Sq Ft
2,134 Sq Ft Lot

Last Sold December 09, 2024

Last sale price $605,000

Est. 16% increase in value since last sale

Current estimated payment $4,097/month

45 Days on Market

Highlights

  • Recreation Room
  • Wood Flooring
  • Sun or Florida Room
  • William H. Ross III Intermediate School Rated A-
  • Main Floor Bedroom
  • Ground Level Unit

About This Home

As of December 2024

Discover this beautifully renovated 2-bedroom, 1-bathroom condo on the first floor in a peaceful Margate neighborhood, just 2.5 blocks from the beach! Enjoy the spacious open living and dining areas, along with a charming sunroom perfect for guests or a home office. The condo features stunning hardwood floors throughout, an updated kitchen, and a large, elegant hall bathroom. Additional perks include a lovely back porch, extra storage, and it's pet-friendly too! You'll love the welcoming neighborhood with its easy access to the beach and nearby restaurants—truly a place to call home!

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 09/09/2024

NEW ERA REAL ESTATE-B

Co-Listed By

Vincenzo Zanghi

NEW ERA REAL ESTATE-B

Last Buyer's Agent

William Hanrahan

Keller Williams Realty Jersey Shore-Ocean City

Keller Williams Realty Jersey Shore-Ocean City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,407

Year Built

  • Built in 1929

Lot Details

  • 2,134

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Blinds
  • Dining Room
  • Recreation Room
  • Sun or Florida Room
  • Wood Flooring

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Location

  • Ground Level Unit

Utilities

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

Community Details

Overview

  • Association fees include insurance

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,407

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Duplex
  • Also Includes: Blinds
  • Year Built: 1929
  • 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, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 2
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Full Bathrooms: 1
  • Bathroom 1 Level: Main
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Room, Florida Room, Recreation/Family

Exterior Features

  • Siding Exterior: Vinyl

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance
  • Management: Co-Owner

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Hardwood Floors, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2024
Closed on
Dec 6, 2024
Sold by
Zanghi Kenneth and Zanghi Barbara
Bought by
Pentz Stephen and Pentz Karen
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
William Hanrahan
Keller Williams Realty Jersey Shore-Ocean City
List Price
$649,000
Sold Price
$605,000
Premium/Discount to List
-$44,000
-6.78%
Views
33
Current Estimated Value
$702,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,802
Avg. Annual Appreciation
18.12%
Original Mortgage
$453,750
Outstanding Balance
$450,175
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$252,627

Purchase Details

Listed on
Jul 16, 2020
Closed on
Dec 9, 2020
Sold by
Denmark Robert and Denmark Sabrina
Bought by
Zanghi Kenneth and Zanghi Barbara
Seller's Agent
Brigid Bilotta
MARKETPLACE REALTY
Buyer's Agent
Vincenzo Zanghi
NEW ERA REAL ESTATE-B
List Price
$289,000
Sold Price
$262,500
Premium/Discount to List
-$26,500
-9.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.21%
Original Mortgage
$210,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2018
Bought by
Reed Matthew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
4.52%

Purchase Details

Closed on
Apr 5, 2013
Sold by
Hering Tracey Lee and Hering Frederick
Bought by
Denmark Sabrina and Denmark Robert

Purchase Details

Closed on
Apr 16, 2008
Sold by
Hering Tracey Lee
Bought by
Hering Tracey Lee and Hering Frederick

Purchase Details

Closed on
Jan 3, 2008
Sold by
Carmello Angela
Bought by
Hering Tracey Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,150
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2006
Sold by
Carmello Angela
Bought by
Denmark Robert and Denmark Sabrina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2005
Sold by
Pullo Louis
Bought by
Angela Camello

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.84%
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
Pentz Stephen $605,000 Title Company Of Jersey
Pentz Stephen $605,000 Title Company Of Jersey
Zanghi Kenneth $262,500 Infinity Title
Reed Matthew $360,000 --
Denmark Sabrina $260,000 Infinity Title Ag Inc
Hering Tracey Lee -- Foundation Title
Hering Tracey Lee $317,000 Foundation Title
Denmark Robert $520,000 --
Angela Camello $435,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pentz Stephen $453,750
Closed Pentz Stephen $453,750
Previous Owner Zanghi Kenneth $210,000
Previous Owner Reed Matthew $324,000
Previous Owner Reed Matthew --
Previous Owner Hering Tracey Lee $301,150
Previous Owner Denmark Robert $290,000
Previous Owner Angela Camello $520,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/09/2024 12/09/24 Sold $605,000 -3.2% --
10/24/2024 10/24/24 Pending -- -- --
10/01/2024 10/01/24 Price Changed $625,000 -3.7% --
09/09/2024 09/09/24 For Sale $649,000 +147.2% --
12/11/2020 12/11/20 Sold $262,500 -4.5% -- View Prior Sale
11/01/2020 11/01/20 Pending -- -- --
09/18/2020 09/18/20 Price Changed $275,000 -3.5% --
08/28/2020 08/28/20 Price Changed $284,900 -1.4% --
07/16/2020 07/16/20 For Sale $289,000 -- --
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 $4,407 $258,000 $121,700 $136,300
2024 $4,407 $258,000 $121,700 $136,300
2023 $4,071 $258,000 $121,700 $136,300
2022 $4,071 $258,000 $121,700 $136,300
2021 $4,984 $320,300 $170,300 $150,000
2020 $4,958 $320,300 $170,300 $150,000
2019 $4,939 $320,300 $170,300 $150,000
2018 $5,006 $320,300 $170,300 $150,000
2017 $5,013 $320,300 $170,300 $150,000
2016 $4,843 $320,300 $170,300 $150,000
2015 $4,766 $320,300 $170,300 $150,000
2014 $4,676 $320,300 $170,300 $150,000
Source: Public Records

Agents Affiliated with this Home

  • Mark Arbeit

    Seller's Agent in 2024

    Mark Arbeit

    RE/MAX Platinum Properties

    (609) 402-5885

    21 in this area

    43 Total Sales

    Mark Arbeit
    Section Image
  • Vincenzo Zanghi

    Seller Co-Listing Agent in 2024

    Vincenzo Zanghi

    RE/MAX Platinum Properties

    (609) 381-0674

    4 in this area

    10 Total Sales

    Vincenzo Zanghi
    Section Image
  • William Hanrahan

    Buyer's Agent in 2024

    William Hanrahan

    Keller Williams Realty Jersey Shore-Ocean City

    (484) 786-3883

    4 in this area

    38 Total Sales

    William Hanrahan
    Section Image
  • Brigid Bilotta

    Seller's Agent in 2020

    Brigid Bilotta

    MARKETPLACE REALTY

    (609) 412-3806

    17 in this area

    74 Total Sales

    Brigid Bilotta
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 588874

South Jersey Shore Regional MLS

APN: 16-00204-02-00014-02-C000A

New Jersey Atlantic County Margate City 08402

20 N Clermont Ave Unit A, Margate City, NJ

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