$395,000
SOLD OCT 19, 2020

25 N Coolidge Ave Margate City, NJ 08402

-- Bed
-- Bath
1,787 Sq Ft
3,625 Sq Ft Lot

Recently Sold

$221 Per Sq Ft

1% Below List Price

3 Days on Market

Highlights

  • Traditional Architecture
  • No HOA
  • Forced Air Heating System
  • William H. Ross III Intermediate School Rated A-

About This Home

As of May 2025

Will not last! Zoned Multi-Family, 29 by 125 lot just over 2 blocks to the beach and walking distance to Margate's best restaurants/shopping and Marina District. Opportunities are endless - rebuild and renovate the current duplex featuring 2 three bedroom units, build a dream vacation home, or build 2 three bedroom townhomes?! Selling AS-IS.

Last Agent to Sell the Property

DMITRY DOMBROVSKY

Real Broker, LLC License #1538534 Listed on: 09/21/2020

Real Broker, LLC

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,933

Year Built

  • Built in 1923

Lot Details

  • 3,625 Sq Ft Lot
  • Lot Dimensions are 29.00 x 125.00

Home Design

  • 1,787 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Frame Construction

Parking

  • 4 Parking Spaces
  • 4 Driveway Spaces

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 00321
  • Assessor Parcel Number 16-00231-00321

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,933

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1923
  • Automatically Close On Close Date: No
  • Remarks Public: Will not last! Zoned Multi-Family, 29 by 125 lot just over 2 blocks to the beach and walking distance to Margate's best restaurants/shopping and Marina District. Opportunities are endless - rebuild and renovate the current duplex featuring 2 three bedroom units, build a dream vacation home, or build 2 three bedroom townhomes?! Selling AS-IS.
  • Special Features: None

Interior Features

  • Total Sq Ft: 1787
  • Living Area Sq Ft: 1787
  • Price Per Sq Ft: 223.28
  • Above Grade Finished Sq Ft: 1787
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 25

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 4
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

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

Lot Info

  • Lot Size Acres: 0.08
  • Lot Dimensions: 29.00 x 125.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3625.00
  • Year Assessed: 2019
  • Zoning: MF

Rental Info

  • Vacation Rental: No

Multi Family

  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 4933.00
  • Assessor Parcel Number: 16-00231-00321
  • Tax Lot: 00321
  • Tax Total Finished Sq Ft: 1787
  • County Tax Payment Frequency: Annually
  • Tax Year: 2019
  • Close Date: 10/19/2020

MLS Schools

  • School District Name: MARGATE CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Mar 30, 2022
Sold by
Piraino Builders Llc
Bought by
Chud Sheldon and Chud Phyllis S
Seller's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
Buyer's Agent
Carol Shaw
BHHS FOX and ROACH-Margate
List Price
$1,599,000
Sold Price
$1,625,000
Premium/Discount to List
$26,000
1.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.41%
Original Mortgage
$1,137,500
Interest Rate
6.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 21, 2020
Closed on
Oct 15, 2020
Sold by
Koyiades-Carlin Amy and Russell Richard T
Bought by
Piraino Builders Llc
Seller's Agent
DMITRY DOMBROVSKY
Real Broker, LLC
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$399,000
Sold Price
$395,000
Premium/Discount to List
-$4,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
167.03%
Original Mortgage
$395,000
Interest Rate
2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Carlin Donald
Bought by
Russell Richard and Russell Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,500
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2000
Sold by
Memon Shazia
Bought by
Dilba Rimgaudas A and Dilba Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.83%

Purchase Details

Closed on
Aug 18, 1997
Sold by
Naame George T and Naame George T
Bought by
Memon Shazia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,693
Interest Rate
7.42%
Mortgage Type
FHA
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 Type Sale Price Title Company
Deed $1,625,000 --
Bargain Sale Deed $395,000 None Listed On Document
Deed -- --
Deed $435,000 --
Bargain Sale Deed $130,000 --
Deed $100,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $200,000 Credit Line Revolving
Previous Owner $1,137,500 New Conventional
Previous Owner $395,000 New Conventional
Previous Owner $395,000 Unknown
Previous Owner $391,500 Purchase Money Mortgage
Previous Owner $100,000 No Value Available
Previous Owner $99,693 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2025 05/13/25 Sold $2,300,000 -7.8% $605 / Sq Ft
04/21/2025 04/21/25 Price Changed $2,495,000 0.0% $657 / Sq Ft
04/21/2025 04/21/25 For Sale $2,495,000 -10.7% $657 / Sq Ft
03/13/2025 03/13/25 Off Market $2,795,000 -- --
03/04/2025 03/04/25 Price Changed $2,795,000 -1.9% $736 / Sq Ft
02/07/2025 02/07/25 For Sale $2,850,000 +75.4% $750 / Sq Ft
03/30/2022 03/30/22 Sold $1,625,000 +1.6% --
08/09/2021 08/09/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $1,599,000 +304.8% --
10/19/2020 10/19/20 Sold $395,000 -1.0% $221 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
09/21/2020 09/21/20 For Sale $399,000 -- $223 / 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 $20,777 $1,259,200 $243,600 $1,015,600
2023 $19,870 $1,259,200 $243,600 $1,015,600
2022 $8,471 $536,800 $243,600 $293,200
2021 $3,790 $243,600 $243,600 $0
2020 $4,952 $319,900 $243,600 $76,300
2019 $4,933 $319,900 $243,600 $76,300
2018 $5,000 $319,900 $243,600 $76,300
2017 $5,006 $319,900 $243,600 $76,300
2016 $4,837 $319,900 $243,600 $76,300
2015 $4,760 $319,900 $243,600 $76,300
2014 $4,671 $319,900 $243,600 $76,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC114906

Bright MLS

APN: 16-00231-0000-00321