NOT LISTED FOR SALE

300 N Jerome Ave Margate City, NJ 08402

Estimated Value: $753,000 - $1,218,000

3 Beds
1.5 Baths
1,608 Sq Ft
$584/Sq Ft Est. Value

Last Sold September 26, 2022

Last sale price $590,000 $367 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $5,550/month

Highlights

  • Forced Air Heating and Cooling System
  • Ceiling Fan
  • 1-minute walk to Jerome Avenue Park
  • William H. Ross III Intermediate School Rated A-

About This Home

As of July 2023

MARGATE SUMMER RENTAL- 3 bedroom, 1.5 bath (+outside shower), +bonus room that could be used as an office or additional bedroom. 3 car off-street parking. Washer and dryer. Small pet acceptable. *House exterior will be painted before season. This beautiful light and airy home has been newly renovated and is located on the corner of Amherst and Jerome, in the heart of Margate. Walking distance to beach, shopping district, restaurants and bars.

Limited availablity remains
August 15-Sept 5th 2023 for $8,000

Last Agent to Rent the Property

Constance Mong

Best Choice Real Estate License #0561599 Listed on: 04/02/2023

Last Renter's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,358

Year Built

  • Built in 1964

Lot Details

  • 4,309 Sq Ft Lot
  • Lot Dimensions are 66.80 x 64.50
  • Property is zoned S-40

Home Design

  • Split Level Home
  • Frame Construction

Interior Spaces

  • 1,608 Sq Ft Home
  • Property has 1.5 Levels
  • Ceiling Fan
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Parking

  • Driveway
  • On-Street Parking

Utilities

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

Community Details

  • Margate Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $4,000
  • No Smoking Allowed
  • 1-Month Min and 3-Month Max Lease Term
  • Available 5/26/23
  • Assessor Parcel Number 16-00512 02-00001

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,358

Year Built

Built in 1964

Lot Details

0

Rental Info

  • Date Available: 2023-05-26
  • Pets: Pet Addendum/Deposit, Size/Weight Restriction, Number Limit
  • Pets Allowed: Yes
  • Security Deposit: 4000.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 3
  • Min Lease in Months: 1
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Split Level
  • New Construction: No
  • Story List: Main
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Foundation Details: Crawl Space
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 1608
  • Living Area Sq Ft: 1608
  • Price Per Sq Ft: 23.01
  • Above Grade Finished Sq Ft: 1608
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 300

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 1
  • Main Level Half Bathrooms: 1

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
  • Type Of Parking: Driveway, On Street

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(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

  • Senior Community: No

Schools

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

Lot Info

  • Lot Size Acres: 0.10
  • Lot Dimensions: 66.80 x 64.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4309.00
  • Zoning: S-40

Tax Info

  • Assessor Parcel Number: 16-00512 02-00001
  • Tax Total Finished Sq Ft: 1608
  • Close Date: 07/24/2023

MLS Schools

  • School District Name: MARGATE CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 7, 2022
Sold by
Lavery Stephen A
Bought by
Santoro Brittani A and Santoro Jonathan
Seller's Agent
Sean Tannehill
NEW ERA REAL ESTATE-B
Buyer's Agent
Constance Mong
Best Choice Real Estate
List Price
$595,000
Sold Price
$590,000
Premium/Discount to List
-$5,000
-0.84%
Views
31
Current Estimated Value
$938,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,525
Avg. Annual Appreciation
17.10%
Original Mortgage
$440,000
Outstanding Balance
$418,373
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$520,152

Purchase Details

Closed on
Apr 21, 2011
Sold by
Scalzo Frank P and Scalzo Marie
Bought by
Kelley Lavery Barbara A and Lavery Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 1997
Sold by
Borek Florence A S
Bought by
Scalzo Frank P and Scalzo Marie

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
7.48%
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
Santoro Brittani A $590,000 --
Kelley Lavery Barbara A $270,000 First American Title Ins Co
Scalzo Frank P $130,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Santoro Brittani A $440,000
Previous Owner Kelley Lavery Barbara A $170,000
Previous Owner Scalzo Frank P $196,000
Previous Owner Scalzo Frank P $196,910
Previous Owner Scalzo Frank P $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2023 07/24/23 Rented $15,000 -59.5% --
04/19/2023 04/19/23 Price Changed $37,000 -7.5% $23 / Sq Ft
04/02/2023 04/02/23 For Rent $40,000 0.0% --
09/26/2022 09/26/22 Sold $590,000 -0.8% --
08/19/2022 08/19/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $595,000 -- --
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
2025 $5,358 $313,700 $226,500 $87,200
2024 $5,358 $313,700 $226,500 $87,200
2023 $4,950 $313,700 $226,500 $87,200
2022 $4,950 $313,700 $226,500 $87,200
2021 $4,881 $313,700 $226,500 $87,200
2020 $4,856 $313,700 $226,500 $87,200
2019 $4,837 $313,700 $226,500 $87,200
2018 $4,903 $313,700 $226,500 $87,200
2017 $4,909 $313,700 $226,500 $87,200
2016 $4,743 $313,700 $226,500 $87,200
2015 $4,668 $313,700 $226,500 $87,200
2014 $4,580 $313,700 $226,500 $87,200
Source: Public Records

Agents Affiliated with this Home

  • Constance Mong

    Landlord's Agent in 2023

    Constance Mong

    Best Choice Real Estate

    (609) 204-1336

    2 in this area

    74 Total Sales

    Constance Mong
    Section Image
  • Sean Tannehill

    Seller's Agent in 2022

    Sean Tannehill

    RE/MAX Platinum Properties

    (609) 412-0307

    55 in this area

    112 Total Sales

    Sean Tannehill
    Section Image
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Map

Source: Bright MLS

MLS Number: NJAC2007826

Bright MLS

APN: 16-00512-02-00001

New Jersey Atlantic County Margate City 08402

300 N Jerome Ave, Margate City, NJ

This home is located at 300 N Jerome Ave, Margate City, NJ 08402 since 02 April 2023 and is currently priced at $938,525. This property was built in 1964. 300 N Jerome Ave 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.

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