NOT LISTED FOR SALE

31 N Jefferson Ave Margate City, NJ 08402

Estimated Value: $969,000 - $1,174,000

3 Beds
2.5 Baths
-- Sq Ft
1,873 Sq Ft Lot

Last Sold August 26, 2021

Last sale price $700,000

Est. 56% increase in value since last sale

Current estimated payment $6,550/month

Highlights

  • Furnished
  • Laundry Room
  • Forced Air Heating and Cooling System
  • William H. Ross III Intermediate School Rated A-
  • Outdoor Shower
  • Dining Room

About This Home

As of August 2024

Fabulous August 1-31, 2024 rental. Single family townhome situated in the heart of Margate in the highly desirable Marina District. Short walk to some of Margate's best beaches, finest restaurants, and shopping. Tastefully decorated 3 bedroom, 2.5 bath beach home with an open floor plan, high ceilings, and an abundance of natural light. Spacious living and dining areas and access to a private backyard with more room to relax. The second floor features generously sized bedrooms, and laundry room. Private porch out front and room for two car off street parking.

Last Agent to Rent the Property

Rochelle Levine

BHHS FOX and ROACH-Margate Listed on: 09/08/2023

BHHS FOX and ROACH-Margate

Last Renter's Agent

SUSAN SZATMARY

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,174

Year Built

  • 2003

Lot Details

  • 1,873

Parking

  • 2 Parking Spaces

Interior Spaces

  • Furnished
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Outdoor Shower
  • Forced Air Heating and Cooling System

Community Details

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,174

Year Built

2003

Lot Details

0

Rental Info

  • Pets Allowed: Yes W/Restrictions
  • Furnished: Yes
  • Lease Duration Options: August
  • Lease Duration: August
  • August Price: 25000

Listing Details

  • Class: Rental Non-Commercial
  • Type: House (Rental)
  • Style: Townhouse
  • Lvt Date: 09/08/2023
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built (Public Record): 2003

Interior Features

  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Other Rooms: Dining Room, Laundry/Utility Room

Exterior Features

  • Outside Features: Outside Shower

Garage/Parking

  • Parking Exterior: Two Car

Utilities

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2021
Closed on
Aug 19, 2021
Sold by
Strotbeck John M
Bought by
Cohen Steven Stuart and Cohen Kimberly Brodsky
Seller's Agent
Linda Novelli
Compass Real Estate-Margate
Buyer's Agent
Rochelle Levine
BHHS FOX and ROACH-Margate
List Price
$675,000
Sold Price
$700,000
Premium/Discount to List
$25,000
3.7%
Current Estimated Value
$1,092,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$392,531
Avg. Annual Appreciation
11.80%

Purchase Details

Closed on
May 23, 2003
Sold by
Ian Hartley Llc
Bought by
Strotbeck John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,500
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Cohen Steven Stuart $700,000 None Available
Strotbeck John $295,000 --
Strotbeck John M $295,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Strotbeck John M $235,000
Previous Owner Strotbeck John M $265,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2024 08/01/24 Rented -- -- --
09/08/2023 09/08/23 For Rent $25,000 0.0% --
08/01/2023 08/01/23 Rented -- -- --
12/13/2022 12/13/22 For Rent $25,000 0.0% --
08/01/2022 08/01/22 Rented -- -- --
02/08/2022 02/08/22 For Rent $25,000 0.0% --
08/26/2021 08/26/21 Sold $700,000 +3.7% --
04/30/2021 04/30/21 Pending -- -- --
04/23/2021 04/23/21 For Sale $675,000 -- --
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 $7,174 $420,000 $163,800 $256,200
2024 $7,174 $420,000 $163,800 $256,200
2023 $6,628 $420,000 $163,800 $256,200
2022 $6,628 $420,000 $163,800 $256,200
2021 $6,535 $420,000 $163,800 $256,200
2020 $6,502 $420,000 $163,800 $256,200
2019 $6,476 $420,000 $163,800 $256,200
2018 $6,565 $420,000 $163,800 $256,200
2017 $6,573 $420,000 $163,800 $256,200
2016 $6,350 $420,000 $163,800 $256,200
2015 $6,250 $444,400 $163,800 $280,600
2014 $6,488 $444,400 $163,800 $280,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 577602

South Jersey Shore Regional MLS

APN: 16-00228-0000-00065-02