NOT LISTED FOR SALE

207 N Essex Ave Margate City, NJ 08402

Estimated Value: $782,000 - $890,125

4 Beds
2 Baths
1,107 Sq Ft
$768/Sq Ft Est. Value

Last Sold April 04, 2024

Last sale price $819,000 $740 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,918/month

114 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Enclosed Patio or Porch
  • Laundry Room
  • William H. Ross III Intermediate School Rated A-
  • Library
  • 4-minute walk to Ross School Playground

About This Home

As of April 2024

Welcome to this newly renovated home located in a prime location, close to the beach and shopping. Making your way up to the home you'll love the oversized newly tiled porch to enjoy those refreshing salt air breezes. Upon entering, you'll be greeted by the open LR/DR/Kitchen featuring all new white shaker cabinetry, quartz countertops with bar seating, black SS appliances, and marble backsplash. The fresh paint, on trend woodwork, and recessed lighting will invite for a relaxing atmosphere to return to after a day out at the beach. There's a bedroom, Fully remodeled bathroom, plus an office/4th bedroom on the main level, and an additional 2 bedrooms and bathroom up on the second level. You can enjoy this beach-house knowing that much of the large items have been replaced including new roof, vinyl siding, HVAC, Hot water heater, Electric panel and wiring, recessed lighting throughout, and luxury vinyl plank flooring. There's a detached shed for storage and an indoor storage room as well. Schedule your appointments today. THIS ONE WON'T LAST! For video walkthrough: https://youtu.be/Lf192v61Jrw

Last Agent to Sell the Property

Boruch 'Dovi' Brustowsky

eXp Realty - Montclair License #2080220 Listed on: 10/24/2023

eXp Realty - Montclair

Last Buyer's Agent

Rene Kane

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,639

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 40x60

Home Design

  • Bungalow
  • Vinyl Siding
  • Asphalt

Interior Spaces

  • Dining Area
  • Library
  • Vinyl Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,639

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Bungalow
  • Age: 25+ Years
  • Lvt Date: 04/04/2024
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven
  • Flooring: Vinyl
  • Interior Amenities: Carbon Monoxide Detector
  • Bedrooms: 4
  • Bedroom 1: Size: 13.5x8'9", On Level: Main
  • Bedroom 2: Size: 8'9"x10', On Level: Main
  • Bedroom 3: Size: 12x12, On Level: Upper
  • Full Bathrooms: 2
  • Basement: Crawl Space
  • Dining Room: Size: 10.5x11, On Level: Main
  • Kitchen: Size: 10.5x 9.5, On Level: Main
  • Living Room: Size: 15x12.5, On Level: Main
  • Other Rooms: Dining Area, Laundry/Utility Room, Library/Study, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Porch Enclosed, Shed
  • Siding Exterior: Asphalt, Vinyl
  • Storm Screens: Screens

Utilities

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

Lot Info

  • Lot Dimensions: 40x60
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2024
Sold by
Ark Construction Management Llc and Meli Dominic S
Bought by
Meli Dominic Salvatore and Guarini Lauren
Current Estimated Value
$850,281

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,700
Interest Rate
6.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 28, 2024
Sold by
Ark Construction Management Llc
Bought by
Ark Construction Management Llc

Purchase Details

Listed on
Oct 24, 2023
Closed on
Mar 29, 2024
Sold by
Wilhelm Joseph
Bought by
Ark Construction Management Llc
Seller's Agent
Boruch 'Dovi' Brustowsky
eXp Realty - Montclair
Buyer's Agent
Rene Kane
BHHS FOX and ROACH-Margate
List Price
$838,000
Sold Price
$819,000
Premium/Discount to List
-$19,000
-2.27%
Views
416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$655,200
Interest Rate
7.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2023
Closed on
Mar 29, 2023
Sold by
Welsh William M and Welsh Arlene E
Bought by
Wilhelm Joseph
Seller's Agent
Neil Cohen
NEW ERA REAL ESTATE-B
Buyer's Agent
Boruch 'Dovi' Brustowsky
eXp Realty - Montclair
List Price
$574,900
Sold Price
$558,000
Premium/Discount to List
-$16,900
-2.94%
Views
342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.67%
Original Mortgage
$418,500
Interest Rate
6.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2006
Sold by
Welsh Joseph
Bought by
Welsh William and Welsh Arlene

Purchase Details

Closed on
Mar 15, 2001
Sold by
Ahrens Walter T
Bought by
Welsh William M and Welsh Arlene S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.01%
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
Meli Dominic Salvatore -- Chicago Title
Ark Construction Management Llc -- National Integrity
Ark Construction Management Llc $819,000 Trident Land Transfer
Wilhelm Joseph $558,000 Catic Title
Welsh William $52,000 --
Welsh William M $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meli Dominic Salvatore $656,700
Previous Owner Ark Construction Management Llc $655,200
Previous Owner Wilhelm Joseph $418,500
Previous Owner Welsh William $136,519
Previous Owner Welsh William $97,800
Previous Owner Welsh Joseph E $136,350
Previous Owner Welsh Joseph E $99,000
Previous Owner Welsh William M $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2024 04/04/24 Sold $819,000 -0.6% $740 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/08/2024 02/08/24 Price Changed $824,000 -0.1% $744 / Sq Ft
01/03/2024 01/03/24 Price Changed $825,000 -1.6% $745 / Sq Ft
12/20/2023 12/20/23 For Sale $838,000 0.0% $757 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/29/2023 11/29/23 Price Changed $838,000 -2.4% $757 / Sq Ft
10/24/2023 10/24/23 Price Changed $859,000 -99.9% $776 / Sq Ft
10/24/2023 10/24/23 For Sale $859,000,000 +153842.7% $775,971 / Sq Ft
03/28/2023 03/28/23 Sold $558,000 -2.9% $504 / Sq Ft
02/13/2023 02/13/23 Pending -- -- --
01/15/2023 01/15/23 For Sale $574,900 -- $519 / Sq Ft
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 $4,639 $296,800 $204,100 $92,700
2024 $4,639 $271,600 $204,100 $67,500
2023 $4,286 $271,600 $204,100 $67,500
2022 $4,286 $271,600 $204,100 $67,500
2021 $4,226 $271,600 $204,100 $67,500
2020 $4,204 $271,600 $204,100 $67,500
2019 $4,188 $271,600 $204,100 $67,500
2018 $4,245 $271,600 $204,100 $67,500
2017 $4,251 $271,600 $204,100 $67,500
2016 $4,107 $271,600 $204,100 $67,500
2015 $4,041 $271,600 $204,100 $67,500
2014 $3,965 $271,600 $204,100 $67,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 579044

South Jersey Shore Regional MLS

APN: 16-00405-01-00004