$805,000
SOLD AUG 19, 2025

3 N Franklin Ave Margate City, NJ 08402

2 Beds
1 Bath
-- Sq Ft
2,352 Sq Ft Lot

Recently Sold

5% Below List Price

7 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Vinyl Flooring
  • 5-minute walk to Ross School Playground
  • William H. Ross III Intermediate School Rated A-

About This Home

As of August 2025

LOCATION!! Welcome to an extraordinary opportunity to own a single-family home in the highly coveted Margate. This Single Family property has been meticulously updated with new flooring, a luxurious bathroom, and a sun-drenched living room and kitchen. The spacious front porch provides the perfect spot to relax and unwind with a morning coffee or evening cocktail. Discover your private backyard oasis perfect for summer barbecues or unwinding after a day at the beach. Enjoy relaxing in the screened-in rear porch. Boasting 2 bedrooms and 1 bath, this income-producing gem offers the perfect fusion of comfort and potential. Whether you're envisioning using the property for yourself, renovating it or a brand-new construction project, this prime location offers limitless possibilities. Embrace the allure of single-floor living and seize the opportunity to make this property your own. Park your cars in your private driveway and WALK EVERYWHERE! Two Blocks the beach, and steps away from fabulous shopping & the best restaurants in town. Don't miss out on this gem—schedule a showing today and envision yourself enjoying Life at The Beach This Summer!

Last Agent to Sell the Property

Linda Novelli

Compass Real Estate-Margate Listed on: 07/08/2025

Compass Real Estate-Margate

Co-Listed By

Audrey Panitch Levin

Compass Real Estate-Margate License #2078565

Last Buyer's Agent

Joelle Bridgers

Compass Real Estate-Margate

Compass Real Estate-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,612

Parking

  • 3 Parking Spaces

Interior Spaces

  • 1.5-Story Property
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Lot Dimensions are 35x67
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,612

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 1 1/2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Flooring: Vinyl
  • Bedrooms: 2
  • Full Bathrooms: 1

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Number: 4
  • Lot Dimensions: 35x67
  • Lot Size: Less Than One Acre

Tax Info

  • Year: 2024
  • Taxes: 4612

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2025
Closed on
Aug 15, 2025
Sold by
Siegal Scott
Bought by
Adler Samuel Douglas and Adler Jamie Goldstone
Seller's Agent
Linda Novelli
Compass Real Estate-Margate
Buyer's Agent
Joelle Bridgers
Compass Real Estate-Margate
List Price
$849,000
Sold Price
$805,000
Premium/Discount to List
-$44,000
-5.18%
Views
37
Current Estimated Value
$809,563

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,563
Avg. Annual Appreciation
1.78%

Purchase Details

Closed on
Apr 12, 2022
Sold by
Depaul John and Depaul Linda M
Bought by
Siegal Scott

Purchase Details

Closed on
Feb 9, 2001
Sold by
Moran Connie
Bought by
Depaul John and Depaul Linda M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $800,000 Vintage Title
Deed $540,000 Surety Title
Executors Deed $88,254 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2025 08/19/25 Sold $805,000 -5.2% --
07/15/2025 07/15/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $849,000 -- --
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 $4,612 $270,000 $230,100 $39,900
2024 $4,612 $270,000 $230,100 $39,900
2023 $4,261 $270,000 $230,100 $39,900
2022 $4,261 $270,000 $230,100 $39,900
2021 $4,201 $270,000 $230,100 $39,900
2020 $4,180 $270,000 $230,100 $39,900
2019 $4,163 $270,000 $230,100 $39,900
2018 $4,220 $270,000 $230,100 $39,900
2017 $4,226 $270,000 $230,100 $39,900
2016 $4,082 $270,000 $230,100 $39,900
2015 $4,018 $270,000 $230,100 $39,900
2014 $3,942 $270,000 $230,100 $39,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 598027

South Jersey Shore Regional MLS

APN: 16-00207-01-00004