NOT LISTED FOR SALE

311 N Union Ave Margate City, NJ 08402

Estimated Value: $742,000

0.06 Acre
$12,366,667 Price per Acre
2,614 Sq Ft Lot

Last Sold June 21, 2023

Last sale price $615,000

Est. 21% increase in value since last sale

Current estimated payment $4,342/month

12 Days on Market

About This Lot

As of June 2023

Location! Location! Location! Fannie Mae fully cleared buildable Margate lot close to the beach, bay, restaurants, and playgrounds. Lot size is 38 x 80 and ready for your dream home! Can't find what you are looking for, no worries, Build your own! Survey and potential architectural plans on file.

Last Agent to Sell the Property

Mark Branco

CENTURY 21 ATLANTIC PROFESSIONAL REALTY License #0121170 Listed on: 05/10/2023

CENTURY 21 ATLANTIC PROFESSIONAL REALTY

Last Buyer's Agent

Ashley Franchini

Soleil Sotheby's International Realty - A License #0451196

Soleil Sotheby's International Realty - A

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,583

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 38 x 80
  • Cleared Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$3,583

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 05/10/2023
  • Development Status: Buildable Lot
  • Special Features: 1028
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Utilities

  • Utilities Available: Cable, Electric, Gas, Sewer, Water

Lot Info

  • Lot Dimensions: 38 x 80
  • Number Of Acres: 0.06
  • Improvements: Sidewalks
  • Number Of Lots: One
  • Topography: Cleared
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2018
Sold by
Weisberg Dina and Weisberg Ross
Bought by
Federal National Mortgage Association
Current Estimated Value
$742,000

Purchase Details

Closed on
Apr 26, 2009
Sold by
Weisberg Ross S and Weisberg Dina
Bought by
Weisberg Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
3.41%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
May 16, 2002
Sold by
Weisberg Dina
Bought by
Weisberg Ross S and Weisberg Dina

Purchase Details

Closed on
Apr 21, 1998
Sold by
Zaager Isadore J
Bought by
Zaager Isadore J and Weisberg Dina
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Federal National Mortgage Association $1,000 None Available
Weisberg Dina -- Chicago Title Insurance Co
Weisberg Ross S -- --
Zaager Isadore J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weisberg Dina $495,000
Previous Owner Weisberg Ross $100,000
Previous Owner Weisberg Ross $74,000
Previous Owner Weisberg Dina L $30,000
Previous Owner Weisberg Dina L $15,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $615,000 -3.1% --
05/22/2023 05/22/23 Pending -- -- --
05/10/2023 05/10/23 For Sale $634,900 -- --
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 $3,583 $209,800 $209,800 $0
2023 $3,311 $209,800 $209,800 $0
2022 $3,311 $209,800 $209,800 $0
2021 $4,254 $273,400 $209,800 $63,600
2020 $4,232 $273,400 $209,800 $63,600
2019 $4,216 $273,400 $209,800 $63,600
2018 $4,273 $273,400 $209,800 $63,600
2017 $4,279 $273,400 $209,800 $63,600
2016 $4,134 $273,400 $209,800 $63,600
2015 $4,068 $273,400 $209,800 $63,600
2014 $3,992 $273,400 $209,800 $63,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2023

    Mark Branco

    CENTURY 21 ATLANTIC PROFESSIONAL REALTY

    (609) 377-4627

    2 in this area

    34 Total Sales

    Section Image
  • Ashley Franchini

    Buyer's Agent in 2023

    Ashley Franchini

    Solei SIR Margate

    (609) 233-6116

    58 in this area

    202 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 573866

South Jersey Shore Regional MLS

APN: 16-00521-0000-00006

New Jersey Atlantic County Margate City 08402

311 N Union Ave, Margate City, NJ

This home is located at 311 N Union Ave, Margate City, NJ 08402 since 10 May 2023 and is currently estimated at $742,000. 311 N Union 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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