NOT LISTED FOR SALE

223 N Essex Ave Margate City, NJ 08402

Estimated Value: $771,000 - $1,096,000

2 Beds
1 Bath
-- Sq Ft
3,746 Sq Ft Lot

Last Sold November 19, 2019

Last sale price $255,930

Est. 253% increase in value since last sale

Current estimated payment $5,323/month

16 Days on Market

Highlights

  • Corner Lot
  • William H. Ross III Intermediate School Rated A-
  • Hot Water Heating System

About This Home

As of November 2019

Main house has old world charm, it has two bedrooms and one bathroom with a full unfinished basement. The back house has a first floor unfinished storage area, second floor apartment is an efficiency with one bathroom. Great resort location a few blocks from the beach and minutes to Atlantic City.

Last Agent to Sell the Property

Dan Boddy

CENTURY 21 FRICK REALTORS Listed on: 09/04/2019

CENTURY 21 FRICK REALTORS

Last Buyer's Agent

Charles Miltenberger

Vylla Home - Northfield

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,101

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 60x62.5
  • Corner Lot

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Hot Water Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,101

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Lvt Date: 09/06/2019
  • Year Built: 1925
  • Special Features: 20
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 2
  • Full Bathrooms: 1
  • Basement: Full, Unfinished

Exterior Features

  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

  • Heating: Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Corner
  • Lot Dimensions: 60x62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2019
Closed on
Nov 18, 2019
Sold by
U S Bank National Association
Bought by
Belfer Larry
Seller's Agent
Dan Boddy
CENTURY 21 FRICK REALTORS
Buyer's Agent
Charles Miltenberger
Vylla Home - Northfield
List Price
$270,825
Sold Price
$255,930
Premium/Discount to List
-$14,895
-5.5%
Current Estimated Value
$903,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$647,811
Avg. Annual Appreciation
22.50%
Original Mortgage
$185,000
Outstanding Balance
$163,104
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$670,901

Purchase Details

Closed on
Aug 7, 2018
Sold by
Guulieri Christopher J and U S Bank National Association
Bought by
J P Morgan Mortgage

Purchase Details

Closed on
Oct 8, 1998
Sold by
Burnham Lee R
Bought by
Gualtieri Christopher J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.8%
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
Belfer Larry $255,930 City Abstract
J P Morgan Mortgage $1,000 None Available
Gualtieri Christopher J $148,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belfer Larry $185,000
Previous Owner Gualtieri Christopher J $25,000
Previous Owner Gualtieri Christopher $200,000
Previous Owner Gualtieri Christopher $148,000
Previous Owner Gualtieri Christopher J $125,000
Previous Owner Gualtieri Christopher J $100,000
Previous Owner Gualtieri Christopher J $355,800
Previous Owner Gualtieri Christopher J $300,000
Previous Owner Gualtieri Christopher J $75,000
Previous Owner Gualtieri Christopher J $80,000
Previous Owner Gualtieri Christopher J $65,952
Previous Owner Gualtieri Christopher J $242,000
Previous Owner Gualtieri Christopher J $48,000
Previous Owner Gualtieri Christopher J $40,000
Previous Owner Gualtieri Christopher J $238,525
Previous Owner Gualtieri Christopher J $9,145
Previous Owner Gualtieri Christopher J $218,225
Previous Owner Gualtieri Christopher J $101,000
Previous Owner Gualtieri Christopher J $30,000
Previous Owner Gualtieri Christopher J $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/19/2019 11/19/19 Sold $255,930 -5.5% --
09/20/2019 09/20/19 Pending -- -- --
09/04/2019 09/04/19 For Sale $270,825 -- --
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 $6,101 $357,200 $255,200 $102,000
2024 $6,101 $357,200 $255,200 $102,000
2023 $5,637 $357,200 $255,200 $102,000
2022 $5,637 $357,200 $255,200 $102,000
2021 $5,558 $357,200 $255,200 $102,000
2020 $6,505 $420,200 $255,200 $165,000
2019 $6,479 $420,200 $255,200 $165,000
2018 $6,568 $420,200 $255,200 $165,000
2017 $6,576 $420,200 $255,200 $165,000
2016 $6,353 $420,200 $255,200 $165,000
2015 $6,253 $420,200 $255,200 $165,000
2014 $6,135 $420,200 $255,200 $165,000
Source: Public Records

Agents Affiliated with this Home

  • Dan Boddy

    Seller's Agent in 2019

    Dan Boddy

    CENTURY 21 FRICK REALTORS

    (609) 703-6666

    193 Total Sales

    Dan Boddy
    Section Image
  • Charles Miltenberger

    Buyer's Agent in 2019

    Charles Miltenberger

    Vylla Home - Northfield

    (609) 338-9992

    1 in this area

    63 Total Sales

    Charles Miltenberger
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 527512

South Jersey Shore Regional MLS

APN: 16-00405-01-00012

New Jersey Atlantic County Margate City 08402

223 N Essex Ave, Margate City, NJ

This home is located at 223 N Essex Ave, Margate City, NJ 08402 since 04 September 2019 and is currently estimated at $903,741. This property was built in 1925. 223 N Essex Ave is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

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