$1,650,000
SOLD APR 4, 2025

202 N Delavan Ave Margate City, NJ 08402

4 Beds
3.5 Baths
-- Sq Ft
2,831 Sq Ft Lot

Recently Sold

3% Below List Price

4 Days on Market

Highlights

  • Central Air
  • William H. Ross III Intermediate School Rated A-
  • Dining Room

About This Home

As of April 2025

Welcome to 202 N Delavan Ave—a beautifully crafted 4-bedroom, 3.5-bath custom home in the heart of Margate City, just blocks from the beach, shopping, and dining. Thoughtfully designed and impeccably maintained, this home offers modern amenities, spacious living, and coastal charm. Step into the welcoming foyer on the first level, where you'll find access to the attached garage and a private elevator that provides convenience across all floors. The second level is the true hub of the home, featuring an open-concept layout ideal for entertaining. The chef’s kitchen is outfitted with premium finishes, a center island, and a sleek bar area with a beverage fridge. The formal dining area and spacious living room, complete with a cozy fireplace, flow seamlessly onto multiple decks, creating the perfect indoor-outdoor lifestyle. Upstairs, the primary suite serves as a private retreat with a massive walk-in closet, a luxurious en-suite bath, and its own private deck. Three additional bedrooms provide ample space for family or guests, while a thoughtfully placed half bath and plenty of storage add convenience throughout. Ideally located just a short stroll to the beach, Margate’s top-rated restaurants, and boutique shops, this home is perfect for year-round living or the ultimate shore getaway. Don’t miss this rare opportunity—schedule your private showing today!

Last Agent to Sell the Property

Linda Novelli

Compass Real Estate-Margate Listed on: 03/12/2025

Compass Real Estate-Margate

Co-Listed By

Vincent Novelli

Compass Real Estate-Margate

Last Buyer's Agent

Audrey Panitch Levin

Compass Real Estate-Margate License #2078565

Compass Real Estate-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,926

Lot Details

  • Lot Dimensions are 62x45

Parking

  • 1 Car Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,926

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 04/11/2025
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Dining Room

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 62x45
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2025
Closed on
Apr 4, 2025
Sold by
Adamucci Alexa and Siligato Michael J
Bought by
Stein Jeffrey Ross and Stein Jennifer Lazarus
Seller's Agent
Linda Novelli
Compass Real Estate-Margate
Buyer's Agent
Audrey Panitch Levin
Compass Real Estate-Margate
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%
Views
13
Current Estimated Value
$1,690,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,298
Avg. Annual Appreciation
6.22%
Original Mortgage
$875,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2018
Sold by
Rone Carmen T and Sherman Karen
Bought by
Adamucci Alexa and Silliagato Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,511
Interest Rate
5.2%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 30, 2002
Sold by
Freidlin Estelle Beatrice
Bought by
Rone Carmen T and Sherman Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $1,600,000 None Listed On Document
Deed $303,000 None Available
Deed $170,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $875,000 New Conventional
Previous Owner $1,475,000 New Conventional
Previous Owner $661,500 New Conventional
Previous Owner $297,837 FHA
Previous Owner $297,511 FHA
Previous Owner $247,500 New Conventional
Previous Owner $262,400 New Conventional
Previous Owner $135,000 Unknown
Previous Owner $136,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2025 04/04/25 Sold $1,650,000 -2.9% --
03/16/2025 03/16/25 Pending -- -- --
03/12/2025 03/12/25 For Sale $1,699,000 0.0% --
05/15/2016 05/15/16 Rented -- -- --
04/15/2016 04/15/16 Under Contract -- -- --
12/30/2015 12/30/15 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 $19,926 $1,166,600 $228,300 $938,300
2024 $19,926 $1,166,600 $228,300 $938,300
2023 $4,835 $228,300 $228,300 $0
2022 $4,835 $306,400 $228,300 $78,100
2021 $4,768 $306,400 $228,300 $78,100
2020 $4,743 $306,400 $228,300 $78,100
2019 $4,725 $306,400 $228,300 $78,100
2018 $4,789 $306,400 $228,300 $78,100
2017 $4,795 $306,400 $228,300 $78,100
2016 $4,633 $306,400 $228,300 $78,100
2015 $4,559 $306,400 $228,300 $78,100
2014 $4,473 $306,400 $228,300 $78,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 595127

South Jersey Shore Regional MLS

APN: 16-00404-03-00025