$975,000
SOLD JAN 3, 2025

25 S Adams Ave Unit 1 Margate City, NJ 08402

3 Beds
3 Baths
-- Sq Ft
6,098 Sq Ft Lot

Recently Sold

18% Below List Price

76 Days on Market

Highlights

  • Water Views
  • End Unit
  • Eat-In Kitchen
  • William H. Ross III Intermediate School Rated A-
  • 2 Car Attached Garage
  • Central Air

About This Home

As of January 2025

Reduced! Very sought after private and inviting pet friendly end unit townhouse located 1.5 blocks to the beach. Offering a large two car garage plus parking for guests. An owners' suite plus two bedrooms makes this 3 bedroom 3 full bath condo perfect to live, work and play! Decks on every level. Enter into the 1st floor from patio or garage. Closets, storage and a full bath are located on this level as well. 2nd floor opens up to a gorgeous marble kitchen, breakfast nook, and a large living and dining area with sliding glass doors to a private deck. The third level offers the owner's suite with another private deck and large full bath with double sinks and multiple closets. Also on this level are two additional bedrooms and a third full bath. Venture up one more short level to an expansive roof top deck, with little ocean views from front an.d back. This deck is the entire size of the townhouse footprint and offers a beverage station and cabinets in the house before you walk outside. A private outside shower is also available. Low condo fees and taxes. Close to everything such as the Greenhouse, Lucy, restaurants shopping, ice cream, mini golf, BEACH and more. Your dreams start here! Rentals are a minimum of 90 days. All decks have been redone in past two years along with the parking lot coating.

Last Agent to Sell the Property

Angela Desch

KELLER WILLIAMS REALTY JERSEY SHORE-Margate License #0226655 Listed on: 07/05/2024

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Last Buyer's Agent

Angela Desch

KELLER WILLIAMS REALTY JERSEY SHORE-Margate License #0226655 Listed on: 07/05/2024

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,257

Year Built

  • 1982

Lot Details

  • End Unit

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3-Story Property
  • Partially Furnished
  • Ceiling Fan
  • Dining Area
  • Water Views

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Association fees include insurance, maintenance, management
  • Adams House Condos

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,257

Year Built

1982

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Partially Furnished
  • Lvt Date: 07/05/2024
  • Number Of Levels In Unit: Three
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit, Water View
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2
  • Year Built (Public Record): 1982

Interior Features

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 3
  • Bathroom 1 Level: Lower
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, Eat In Kitchen

Garage/Parking

  • Garage: Two Car, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management
  • Condo Name: Adams House
  • Management: Association, Off-Site Professionals

Lot Info

  • Location: Water View

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Dec 31, 2024
Sold by
Siegel Lois K
Bought by
Meltzer Jeffrey and Fried Julie
Seller's Agent
Angela Desch
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
Buyer's Agent
Angela Desch
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$1,190,000
Sold Price
$975,000
Premium/Discount to List
-$215,000
-18.07%
Total Days on Market
76
Views
58
Current Estimated Value
$1,037,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,400
Avg. Annual Appreciation
16.34%
Original Mortgage
$325,000
Outstanding Balance
$324,177
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$713,223

Purchase Details

Closed on
May 1, 2024
Sold by
Siegel Eugene H
Bought by
Siegel Lois K

Purchase Details

Closed on
Dec 30, 2015
Sold by
Siegel Lois
Bought by
Siegel Eugene H

Purchase Details

Closed on
Oct 31, 1997
Sold by
Siegel Eugene H and Siegel Lois
Bought by
Siegel Lois

Purchase Details

Closed on
May 22, 1996
Sold by
Gordon Marc R and Gordon Helene C
Bought by
Siegel Eugene H and Siegel Lois

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
8.01%

Purchase Details

Closed on
May 16, 1991
Sold by
Pepper Gordon and Pepper Breen,P C
Bought by
Gordon Marc R and Gordon Helene C

Purchase Details

Closed on
Jun 13, 1990
Sold by
Genesio Thomas and Genesio Jane
Bought by
Pepper Gordon and Pepper Breen
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
Bargain Sale Deed $975,000 Surety Title
Bargain Sale Deed -- None Listed On Document
Interfamily Deed Transfer -- Attorney
Interfamily Deed Transfer -- --
Deed $192,000 The Title Company
Quit Claim Deed $172,000 --
Deed $172,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,000 New Conventional
Previous Owner $250,000 Credit Line Revolving
Previous Owner $100,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2025 01/03/25 Sold $975,000 -7.1% --
09/19/2024 09/19/24 Pending -- -- --
08/02/2024 08/02/24 Price Changed $1,050,000 -11.8% --
07/05/2024 07/05/24 For Sale $1,190,000 -- --
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
2024 $7,257 $424,900 $197,600 $227,300
2023 $6,705 $424,900 $197,600 $227,300
2022 $6,705 $424,900 $197,600 $227,300
2021 $6,611 $424,900 $197,600 $227,300
2020 $6,577 $424,900 $197,600 $227,300
2019 $6,552 $424,900 $197,600 $227,300
2018 $6,641 $424,900 $197,600 $227,300
2017 $6,650 $424,900 $197,600 $227,300
2016 $6,424 $424,900 $197,600 $227,300
2015 $6,323 $424,900 $197,600 $227,300
2014 $6,204 $424,900 $197,600 $227,300
Source: Public Records

Agents Affiliated with this Home

  • Angela Desch

    Seller's Agent in 2025

    Angela Desch

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    (609) 457-0410

    178 Total Sales

    Angela Desch
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 586842

South Jersey Shore Regional MLS

APN: 16-00127-0000-00092-0000-C01

New Jersey Atlantic County Margate City 08402

25 S Adams Ave Unit 1, Margate City, NJ

This home is located at 25 S Adams Ave Unit 1, Margate City, NJ 08402 and is currently priced at $975,000. This property was built in 1982. 25 S Adams Ave Unit 1 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.

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.
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