NOT LISTED FOR SALE

206 N Adams Ave Unit 2 Margate City, NJ 08402

Estimated Value: $1,003,000 - $1,095,978

3 Beds
2 Baths
-- Sq Ft
1,437 Sq Ft Lot

Last Sold September 14, 2021

Last sale price $700,000

Est. 51% increase in value since last sale

Current estimated payment $6,275/month

4 Days on Market

Highlights

  • Water Views
  • Property is near a marina
  • Deck
  • William H. Ross III Intermediate School Rated A-
  • Unit is on the top floor
  • Wood Flooring

About This Home

As of September 2021

Beautiful three bedroom two bath condo in the heart of Margate Marina district enjoy the sunsets Outdoor space for barbecues two parking spaces, common area elevator, deck off the living room to enjoy evening sunsets or morning coffee.

Last Agent to Sell the Property

Ashley Franchini

Soleil Sotheby's International Realty - A Listed on: 07/23/2021

Soleil Sotheby's International Realty - A

Co-Listed By

DIANE KRESZ

MARKETPLACE REALTY

Last Buyer's Agent

Lori Salvo

LONG and FOSTER REAL ESTATE INC-Longport

LONG and FOSTER REAL ESTATE INC-Longport

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2006

Lot Details

  • 1,437

Parking

  • Assigned Parking

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Great Room
  • Dining Area
  • Wood Flooring
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Property is near a marina
  • Deck

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Fenced
  • Unit is on the top floor

Community Details

Overview

  • Association fees include insurance, maintenance
  • Bay Walk Condos

Amenities

  • Community Storage Space

Recreation

  • Outdoor Community Showers

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Year Built: 2006
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor, Top Floor, Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Gas Log
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room
  • Common Area Features: Deck/Porch, Fenced Yard, Outside Shower, Storage Facility

Garage/Parking

  • Parking Exterior: Assigned

Utilities

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

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance
  • Condo Name: Bay Walk
  • Management: Association

Lot Info

  • Location: Marina

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Elevator, Fireplace(s), Hardwood Floors, Kitchen Center Island, Master Bath, Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 13, 2021
Sold by
Zaso Ray A and Devone Anella
Bought by
Taneja Pravin and Taneja Kajol
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
Lori Salvo
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$690,000
Sold Price
$700,000
Premium/Discount to List
$10,000
1.45%
Current Estimated Value
$1,058,745

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$358,745
Avg. Annual Appreciation
10.28%
Original Mortgage
$560,000
Outstanding Balance
$508,798
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$549,947

Purchase Details

Closed on
Jul 9, 2018
Sold by
Frustillo Vincent F and Frustillo Maryanne T
Bought by
Zaso Ray A and Devone Anella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$432,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 2007
Sold by
Vacca Joseph and Czarnecki Casimir
Bought by
Frustillo Vincent F and Frustillo Maryanne T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
6.47%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Taneja Pravin $700,000 Historic Abstract
Zaso Ray A $480,000 Surety Title Co Llc
Frustillo Vincent F $631,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taneja Pravin $560,000
Previous Owner Zaso Ray A $432,000
Previous Owner Frustillo Vincent F $418,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2021 09/14/21 Sold $700,000 +1.4% --
07/27/2021 07/27/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $690,000 -- --
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 $8,455 $495,000 $133,300 $361,700
2024 $8,455 $495,000 $133,300 $361,700
2023 $7,811 $495,000 $133,300 $361,700
2022 $7,811 $495,000 $133,300 $361,700
2021 $7,702 $495,000 $133,300 $361,700
2020 $7,663 $495,000 $133,300 $361,700
2019 $8,213 $532,600 $133,300 $399,300
2018 $8,325 $532,600 $133,300 $399,300
2017 $8,335 $532,600 $133,300 $399,300
2016 $8,053 $532,600 $133,300 $399,300
2015 $7,925 $532,600 $133,300 $399,300
2014 $7,776 $532,600 $133,300 $399,300
Source: Public Records

Agents Affiliated with this Home

  • Ashley Franchini

    Seller's Agent in 2021

    Ashley Franchini

    Solei SIR Margate

    (609) 233-6116

    51 in this area

    185 Total Sales

    Ashley Franchini
    Section Image

  • D

    Seller Co-Listing Agent in 2021

    DIANE KRESZ

    MARKETPLACE REALTY

    (609) 364-2440

    10 in this area

    44 Total Sales

    DIANE KRESZ
    Section Image
  • Lori Salvo

    Buyer's Agent in 2021

    Lori Salvo

    LONG and FOSTER REAL ESTATE INC-Longport

    (610) 213-2283

    37 in this area

    67 Total Sales

    Lori Salvo
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 553449

South Jersey Shore Regional MLS

APN: 16-00428-0000-00502-0000-C0002

New Jersey Atlantic County Margate City 08402

206 N Adams Ave Unit 2, Margate City, NJ

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes