NOT LISTED FOR SALE

28 N Clarendon Ave Margate City, NJ 08402

Estimated Value: $1,907,000 - $2,937,000

5 Beds
3.5 Baths
-- Sq Ft
3,790 Sq Ft Lot

Last Sold November 10, 2022

Last sale price $2,299,000

Est. 10% increase in value since last sale

Current estimated payment $16,033/month

24 Days on Market

Highlights

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

About This Home

As of November 2022

WOW!! CHECK OUT THIS CUSTOM, DESIGNER NEW CONSTRUCTION HOME COMING TO THE DESIRABLE 1ST BLOCK NORTH OF CLARENDON AVE!! This stunning, contemporary masterpiece will feature 5 bedrooms, 3.5 baths, 4-stop elevator and jaw-dropping luxury finishes throughout that you've come to expect from PIRAINO BUILDERS! The incredible outdoor oasis will be like nothing else on this end of Margate with a huge custom veranda, attached oversized garage, and large, private backyard with IN-GROUND, GUNITE POOL WITH iPHONE CONNECTIVITY. Upgraded exterior featuring James Hardie cement board siding with Azek accents, black roof and windows, mahogany porch ceilings and custom glass railing system!! Gorgeous custom kitchen with center-island with Quartz countertops, high-end stainless steel Sub-Zero & Wolf appliances and luxury engineered hardwood flooring throughout. Built-in wet bar and gas fireplace on the main living level. Solid wood masonite interior doors and LED high-hat lighting package throughout. Gorgeous tiled baths with Moen plumbing fixtures and spa-like rainhead & thermostatic system in master bath (you'll never have to play with the temparture controls!!). This beauty is sure to be top-of-the-line with everything you have been looking for!! Act now to arrange a meeting with the builder and customize your finishes! This is going to be a special one in a beautiful location..

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 12/06/2021

BHHS FOX and ROACH-Margate

Co-Listed By

Dana Hartman

BHHS FOX and ROACH-Margate II License #0679612

Last Buyer's Agent

Rochelle Levine

BHHS FOX and ROACH-Margate License #1220666

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,959

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Sprinkler System

Home Design

  • Concrete Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Ceiling Fan
  • Gas Log Fireplace
  • Insulated Windows
  • Great Room
  • Living Room with Fireplace
  • Dining Room
  • Storage

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

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

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener

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

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,959

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 0 To 1 Year
  • Lvt Date: 12/06/2021
  • New Construction: Yes
  • Year Built: 2022
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Other Rooms: Dining Area, Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Patio, Pool-In Ground, Porch, Sidewalks, Sprinkler System, Enclosed Outside Shower
  • Siding Exterior: Concrete
  • Storm Screens: Combination, Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Three Or More Cars, Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car, Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 58.93x63.11IRR
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2021
Closed on
Nov 10, 2022
Sold by
Franklin Avenue Of Margate Llc
Bought by
Azarva Matthew Jacob and Azarva Kara Tifanee
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Rochelle Levine
BHHS FOX and ROACH-Margate
List Price
$2,299,000
Sold Price
$2,299,000
Views
6
Current Estimated Value
$2,526,540

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,540
Avg. Annual Appreciation
3.50%
Original Mortgage
$1,839,200
Interest Rate
4.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 1, 2021
Closed on
Nov 30, 2021
Sold by
Targan Stephen N
Bought by
Franklin Avenue Of Margate Llc
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Dana Hartman
BHHS FOX and ROACH-Margate II
List Price
$829,000
Sold Price
$830,000
Premium/Discount to List
$1,000
0.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
192.25%

Purchase Details

Closed on
Mar 6, 2002
Sold by
Lombardi Carmela
Bought by
Targan Stephen N and Targan Gail

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 22, 1993
Sold by
Lombardi Vincent and Lombardi Carmela
Bought by
Lombardi Carmela
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Azarva Matthew Jacob $2,299,000 --
Franklin Avenue Of Margate Llc $830,000 Swift Law Firm Llc
Targan Stephen N $300,000 --
Lombardi Carmela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Azarva Matthew Jacob $1,839,200
Previous Owner Targan Stephen N $204,655
Previous Owner Targan Stephen N $256,600
Previous Owner Targan Stephen W $330,000
Previous Owner Targan Stephen N $334,000
Previous Owner Targan Stephen N $370,000
Previous Owner Targan Stephen N $232,000
Previous Owner Targan Stephen N $239,000
Previous Owner Targan Stephen N $30,000
Previous Owner Targan Stephen N $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2022 11/10/22 Sold $2,299,000 0.0% --
12/30/2021 12/30/21 Pending -- -- --
12/06/2021 12/06/21 For Sale $2,299,000 +177.0% --
11/30/2021 11/30/21 Sold $830,000 +0.1% --
10/06/2021 10/06/21 Pending -- -- --
10/01/2021 10/01/21 For Sale $829,000 -- --
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 $24,959 $1,461,300 $302,600 $1,158,700
2023 $6,449 $564,000 $302,600 $261,400
2022 $6,449 $408,700 $302,600 $106,100
2021 $6,359 $408,700 $302,600 $106,100
2020 $6,327 $408,700 $302,600 $106,100
2019 $6,302 $408,700 $302,600 $106,100
2018 $6,388 $408,700 $302,600 $106,100
2017 $6,396 $408,700 $302,600 $106,100
2016 $6,180 $408,700 $302,600 $106,100
2015 $6,081 $408,700 $302,600 $106,100
2014 $5,967 $408,700 $302,600 $106,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 557967

South Jersey Shore Regional MLS

APN: 16-00204-01-00016