NOT LISTED FOR SALE

26 N Jerome Ave Margate City, NJ 08402

Estimated Value: $2,000,000 - $2,496,000

5 Beds
4.5 Baths
-- Sq Ft
3,746 Sq Ft Lot

Last Sold January 20, 2023

Last sale price $1,599,000

Est. 38% increase in value since last sale

Current estimated payment $13,095/month

40 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Family Room with Fireplace
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • Recreation Room

About This Home

As of January 2023

ANOTHER GORGEOUS NEW CONSTRUCTION HOME ** W/ POOL & 4-STOP ELEVATOR ** BY ISLAND BUILDERS!!! This luxurious first-block North home will offer 5-bedrooms and 4-and a half baths just steps from the beach! Showcasing high ceilings, hardwood flooring, custom woodwork throughout, including stunning coffered ceilings, custom wainscoting, and gorgeous crown molding, this beauty is sure to impress! The large open floor plan will feature a family room, a gourmet kitchen w/ high-end stainless steel appliances including a large center island with ample counter seating, and a generous dining area! A mud/utility room and a powder room complete the first floor. The second floor boasts two spacious bedroom suites and a large master suite w/ walk-in closet and gorgeous master bath! The third floor will have two more generously-sized bedrooms and another full bath! This spectacular new home will also include large front decks to enjoy your morning cup of coffee in the sun or late afternoon cocktails in the shade AND a covered rear veranda where you can entertain family and friends while everyone enjoys the POOL! Don't miss your opportunity at gorgeous new construction just TWO BLOCKS TO THE BEACH!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 07/06/2021

BHHS FOX and ROACH-Margate

Co-Listed By

Brian Hiltner

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Last Buyer's Agent

Brian Hiltner

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,491

Year Built

  • Built in 2021 | New Construction

Lot Details

  • Lot Dimensions are 50x75
  • Fenced
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Multiple Fireplaces
  • Family Room with Fireplace
  • Dining Room
  • Den
  • Recreation Room
  • Storage

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Porch

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,491

Year Built

Built in 2021 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • New Construction: Yes
  • Year Built: 2021
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Family Room, More Than 1
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Laundry/Utility Room, Recreation/Family

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Outside Shower, Patio, Pool-In Ground, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Lot Dimensions: 50x75
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2021
Closed on
Jan 20, 2023
Sold by
Isabella Homes Llc
Bought by
Clms Llc
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
List Price
$1,599,000
Sold Price
$1,599,000
Views
5
Current Estimated Value
$2,207,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,312
Avg. Annual Appreciation
12.34%
Original Mortgage
$280,000
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 8, 2020
Closed on
Dec 16, 2020
Sold by
Nationwide Finance Credit Llc
Bought by
Isabella Homes Llc
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
List Price
$399,000
Sold Price
$385,000
Premium/Discount to List
-$14,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
97.64%

Purchase Details

Closed on
Sep 9, 2016
Sold by
Holy Trinity Parsh Margate Nj
Bought by
Nationwide Finance Credit Llc
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
Clms Llc $1,599,000 --
Isabella Homes Llc $385,000 None Available
Nationwide Finance Credit Llc $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Clms Llc $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/20/2023 01/20/23 Sold $1,599,000 0.0% --
08/15/2021 08/15/21 Pending -- -- --
07/06/2021 07/06/21 For Sale $1,599,000 +315.3% --
12/18/2020 12/18/20 Sold $385,000 -3.5% -- View Prior Sale
11/18/2020 11/18/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $399,000 -- --
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 $18,491 $1,082,600 $291,600 $791,000
2024 $18,491 $1,082,600 $291,600 $791,000
2023 $4,601 $624,500 $291,600 $332,900
2022 $4,601 $291,600 $291,600 $0
2021 $4,537 $291,600 $291,600 $0
2020 $4,514 $291,600 $291,600 $0
2019 $4,496 $291,600 $291,600 $0
2018 $4,558 $291,600 $291,600 $0
2017 $4,564 $291,600 $291,600 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2023

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    251 in this area

    738 Total Sales

    Paula Hartman
    Section Image
  • Brian Hiltner

    Seller Co-Listing Agent in 2023

    Brian Hiltner

    BHHS FOX and ROACH-Margate II

    (609) 703-4789

    91 in this area

    139 Total Sales

    Brian Hiltner
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 552718

South Jersey Shore Regional MLS

APN: 16-00212-02-00005-01

New Jersey Atlantic County Margate City 08402

26 N Jerome Ave, Margate City, NJ

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