NOT LISTED FOR SALE

209 N Jerome Ave Margate City, NJ 08402

Estimated Value: $713,000 - $1,060,000

4 Beds
1.5 Baths
-- Sq Ft
4,095 Sq Ft Lot

Last Sold June 09, 2023

Last sale price $550,000

Est. 55% increase in value since last sale

Current estimated payment $5,118/month

Highlights

  • Deck
  • Living Room with Fireplace
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • Recreation Room
  • 2-minute walk to Jerome Avenue Park

About This Home

As of November 2023

WINTER RENTAL! Beautiful split level home in Margate, 4 Blocks to the beach, Close to Dining, Shopping, and a quick drive to AC nightlife. This property welcomes you with a cozy living room and Dining room. 4 Spacious bedrooms that provide space for everyone. Back deck and fire pit out back for entertaining. This property wont last long call today for a showing!

Last Agent to Rent the Property

CHRISTINE MEADE

MARCHESE REAL ESTATE, LLC Listed on: 07/26/2023

MARCHESE REAL ESTATE, LLC

Last Renter's Agent

CHRISTINE MEADE

MARCHESE REAL ESTATE, LLC Listed on: 07/26/2023

MARCHESE REAL ESTATE, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,939

Year Built

  • Built in 1955

Lot Details

  • Lot Dimensions are 57x71
  • Fenced

Home Design

  • Split Level Home
  • Slab Foundation
  • Vinyl Siding
  • Stone Exterior Construction

Interior Spaces

  • Furnished
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Library
  • Recreation Room
  • Storage
  • Crawl Space
  • Storage In Attic

Kitchen

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

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Automatic Garage Door Opener

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,939

Year Built

Built in 1955

Lot Details

0

Rental Info

  • Pets Allowed: Yes W/Restrictions
  • Furnished: Yes
  • Lease Duration Options: August, Weekly
  • Lease Duration: Yearly
  • Winter Price: 2000

Listing Details

  • Class: Rental Non-Commercial
  • Type: House (Rental)
  • Style: Split Level
  • Age: 25+ Years
  • Lvt Date: 07/26/2023
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dryer, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Living Room, Wood Burning
  • Flooring: Hardwood, Tile, W/W Carpet, Wood
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm, Storage
  • Bedrooms: 4
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Basement: Crawl Space, Slab
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Library/Study, Laundry/Utility Room, Recreation/Family, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Porch, Patio, Shed, Sidewalks
  • Siding Exterior: Stone, Vinyl
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Auto Door Opener, Attached Garage
  • Parking Exterior: Two Car, Parking Pad

Utilities

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

Lot Info

  • Lot Dimensions: 57x71

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2023
Closed on
Jun 7, 2023
Sold by
Olivenbaum Kenneth and Olivenbaum Bonnie
Bought by
Budman Laura
Seller's Agent
PATRICIA RUGGIERO
MARCHESE REAL ESTATE, LLC
Buyer's Agent
Austin Dillon
MARCHESE REAL ESTATE, LLC
List Price
$589,000
Sold Price
$550,000
Premium/Discount to List
-$39,000
-6.62%
Views
250
Current Estimated Value
$850,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,017
Avg. Annual Appreciation
21.56%

Purchase Details

Closed on
Mar 31, 1999
Sold by
Fietkiewicz Robert D and Fietkiewicz Hope L
Bought by
Olivenbaum Kenneth and Olivenbaum Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.83%
Mortgage Type
Stand Alone First
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
Budman Laura $550,000 Foundation Title
Olivenbaum Kenneth $150,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Olivenbaum Bonnie $111,000
Previous Owner Olivenbaum Kenneth $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Rented -- -- --
09/20/2023 09/20/23 Price Changed $2,000 -14.9% --
08/24/2023 08/24/23 Price Changed $2,350 -6.0% --
07/26/2023 07/26/23 For Rent $2,500 0.0% --
06/09/2023 06/09/23 Sold $550,000 -6.6% --
06/01/2023 06/01/23 Pending -- -- --
05/31/2023 05/31/23 For Sale $589,000 -- --
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 $5,939 $347,700 $246,400 $101,300
2024 $5,939 $347,700 $246,400 $101,300
2023 $5,487 $347,700 $246,400 $101,300
2022 $5,487 $347,700 $246,400 $101,300
2021 $5,410 $347,700 $246,400 $101,300
2020 $5,382 $347,700 $246,400 $101,300
2019 $5,362 $347,700 $246,400 $101,300
2018 $5,435 $347,700 $246,400 $101,300
2017 $5,442 $347,700 $246,400 $101,300
2016 $5,257 $347,700 $246,400 $101,300
2015 $5,174 $347,700 $246,400 $101,300
2014 $5,076 $347,700 $246,400 $101,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 576251

South Jersey Shore Regional MLS

APN: 16-00412-01-00033