$700,000
SOLD SEP 6, 2024

202 N Fredericksburg Ave Margate City, NJ 08402

2 Beds
1 Bath
1,620 Sq Ft
3,240 Sq Ft Lot

Recently Sold

$432 Per Sq Ft

12% Below List Price

124 Days on Market

Highlights

  • No HOA
  • Bungalow
  • Extensive Hardscape
  • William H. Ross III Intermediate School Rated A-
  • Electric Baseboard Heater

About This Home

As of September 2024

This cozy property may have a Ventnor Post Office but is under Margate taxes and in the Margate School System. The property features 2 Bedrooms, and 1 Bath with a full walkout Basement and is ideally located just 3 1/2 blocks from the beach!! In need of some TLC, this home presents the opportunity to customize and transform it into your dream "beach retreat". Alternatively, the property could also serve as an ideal location to build your dream home from the ground up on a large 30 x 108 lot while benefiting from the convenience of Margate taxes and access to the prestigious Margate schools and beaches!!!With its prime location and potential for customization , this property offers endless possibilities for those looking to create their perfect beach side oasis

Last Agent to Sell the Property

BETTY ANNE FORTE

Century 21 Alliance-Moorestown License #683223 Listed on: 03/23/2024

Century 21 Alliance-Moorestown

Last Buyer's Agent

Julie Cicali

Real Broker, LLC License #RS367310

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,337

Year Built

  • Built in 1926

Lot Details

  • 3,240 Sq Ft Lot
  • Lot Dimensions are 30.00 x 108.00
  • Extensive Hardscape
  • Property is zoned S-30

Parking

  • Driveway

Home Design

  • Bungalow
  • Frame Construction
  • Shingle Siding

Interior Spaces

  • 1,620 Sq Ft Home
  • Property has 1 Level

Kitchen

  • Electric Oven or Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Basement

  • Walk-Out Basement
  • Interior and Side Basement Entry
  • Drainage System

Utilities

  • Window Unit Cooling System
  • Electric Baseboard Heater
  • 150 Amp Service
  • Electric Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 00006
  • Assessor Parcel Number 16-00401-00006

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,337

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main
  • Expected On Market: 2024-03-23
  • Year Built: 1926
  • Automatically Close On Close Date: No
  • Remarks Public: This cozy property may have a Ventnor Post Office but is under Margate taxes and in the Margate School System. The property features 2 Bedrooms, and 1 Bath with a full walkout Basement and is ideally located just 3 1/2 blocks from the beach!! In need of some TLC, this home presents the opportunity to customize and transform it into your dream "beach retreat". Alternatively, the property could also serve as an ideal location to build your dream home from the ground up on a large 30 x 108 lot while benefiting from the convenience of Margate taxes and access to the prestigious Margate schools and beaches!!!With its prime location and potential for customization , this property offers endless possibilities for those looking to create their perfect beach side oasis
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Oven/Range - Electric, Refrigerator, Water Heater
  • Fireplace: No
  • Foundation Details: Other
  • Levels Count: 1
  • Basement: Yes
  • Basement Type: Drainage System, Interior Access, Outside Entrance, Side Entrance, Walkout Level
  • Total Sq Ft: 1620
  • Living Area Sq Ft: 1620
  • Price Per Sq Ft: 493.77
  • Above Grade Finished Sq Ft: 1620
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 202

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 1
  • Full Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame, Shingle Siding
  • Exterior Features: Extensive Hardscape, Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Electric Service: 150 Amps
  • Heating Type: Baseboard - Electric
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • School District: MARGATE CITY SCHOOLS
  • School District Key: 300200396917
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.07
  • Lot Dimensions: 30.00 x 108.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3240.00
  • Year Assessed: 2023
  • Zoning: S-30

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4337.00
  • Assessor Parcel Number: 16-00401-00006
  • Tax Lot: 00006
  • Tax Total Finished Sq Ft: 1620
  • County Tax Payment Frequency: Annually
  • Tax Year: 2023
  • Close Date: 09/06/2024

MLS Schools

  • School District Name: MARGATE CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2024
Closed on
Sep 6, 2024
Sold by
Zullo Carmel M
Bought by
Timothy Tonczyczyn Llc
Seller's Agent
BETTY ANNE FORTE
Century 21 Alliance-Moorestown
Buyer's Agent
Julie Cicali
Real Broker, LLC
List Price
$799,900
Sold Price
$700,000
Premium/Discount to List
-$99,900
-12.49%
Total Days on Market
124
Views
148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
106.75%
Original Mortgage
$900,000
Outstanding Balance
$893,174
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$385,978

Purchase Details

Closed on
Apr 24, 2009
Sold by
Votta Michael F and Votta Gloria A
Bought by
Votta Michael F and Votta Gloria A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.86%
Mortgage Type
New Conventional
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 $700,000 Sjs Title
Interfamily Deed Transfer -- The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 New Conventional
Previous Owner $210,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $1,349,999 -3.6% --
06/04/2025 06/04/25 Price Changed $1,399,999 -6.7% --
05/20/2025 05/20/25 For Sale $1,499,999 +114.3% --
09/06/2024 09/06/24 Sold $700,000 -12.5% $432 / Sq Ft
07/26/2024 07/26/24 Pending -- -- --
03/23/2024 03/23/24 For Sale $799,900 -- $494 / Sq Ft
Source: Bright 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
2024 $4,240 $262,900 $176,900 $86,000
2023 $3,899 $262,900 $176,900 $86,000
2022 $3,899 $262,900 $176,900 $86,000
2021 $3,841 $262,900 $176,900 $86,000
2020 $3,820 $262,900 $176,900 $86,000
2019 $3,804 $262,900 $176,900 $86,000
2018 $3,859 $262,900 $176,900 $86,000
2017 $3,864 $262,900 $176,900 $86,000
2016 $3,725 $262,900 $176,900 $86,000
2015 $3,662 $262,900 $176,900 $86,000
2014 $3,588 $262,900 $176,900 $86,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC2011770

Bright MLS

APN: 16-00401-0000-00006