NOT LISTED FOR SALE

350 N Rumson Ave Margate City, NJ 08402

Estimated Value: $384,000 - $938,000

0.07 Acre
$11,449,812 Price per Acre
3,006 Sq Ft Lot

Last Sold April 12, 2024

Last sale price $875,000

Est. 10% decrease in value since last sale

Current estimated payment $4,667/month

22 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Boat Slip
  • William H. Ross III Intermediate School Rated A-

About This Lot

As of April 2024

VERY UNIQUE opportunity to own TWO BOAT SLIPS & Bayfront land! Enjoy a Bayfront LIFESTYLE here - paddle board, kayak, windsurf, row, sail and swim in the bay on your OWN PRIVATE LOT. Delight in a family BBQ and relaxing fire pit ON THE BAY! Take your jet skis or boat out and enjoy a day of fishing, tubing, or wake boarding. Enjoy a fabulous sunset boat cruise or dine at a waterfront restaurant!! VIEWS, VIEWS, VIEWS of Sunset Canal in the heart of the Margate Parkway. OPPORTUNITIES for family fun days on the bay are endless here!

Last Agent to Sell the Property

James Abbott

BHHS FOX and ROACH-Margate License #1221578 Listed on: 03/11/2024

BHHS FOX and ROACH-Margate

Co-Listed By

Elizabeth Abbott-Feriozzi

BHHS FOX and ROACH-Margate License #0900581

Last Buyer's Agent

Dana Hartman

BHHS FOX and ROACH-Margate II License #0679612

BHHS FOX and ROACH-Margate II

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,030

Lot Details

  • Lot Dimensions are 30 x 100
  • Property Fronts a Bay or Harbor
  • Cleared Lot

Outdoor Features

  • Boat Slip
  • Docks

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$3,030

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1+ To 5 Acres
  • Lvt Date: 03/20/2024
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Utilities

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

Lot Info

  • Location: Bay Front, Bulkheaded, Docks
  • Lot Dimensions: 30 X 100
  • Improvements: Boat Slips, Curb, Docks, Paved Road, Sidewalks
  • Number Of Lots: One
  • Topography: Cleared
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2024
Sold by
Abel Ronald and Abel Tina D
Bought by
Abel Ronald and Abel Tina D
Current Estimated Value
$790,037

Purchase Details

Listed on
Mar 11, 2024
Closed on
Apr 4, 2024
Sold by
Maxx-Roxx Llc
Bought by
Abel Ronald and Abel Tina D
Seller's Agent
James Abbott
BHHS FOX and ROACH-Margate
Buyer's Agent
Dana Hartman
BHHS FOX and ROACH-Margate II
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%
Views
20

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-4.52%

Purchase Details

Closed on
Mar 20, 2015
Sold by
350 N Rumson Llc
Bought by
Maxx Roxx Llc

Purchase Details

Closed on
Jul 28, 2014
Sold by
350 N Rumson Llc
Bought by
350 N Rumson Llc

Purchase Details

Closed on
Nov 1, 2013
Sold by
Maxx Roxx Llc
Bought by
350 N Rumson Llc

Purchase Details

Closed on
Mar 3, 2000
Sold by
Sharp Kenneth
Bought by
Nan Rob Chris Inc

Purchase Details

Closed on
Apr 15, 1997
Sold by
Sharp Rose M
Bought by
Maxx Roxx Llc

Purchase Details

Closed on
Jul 31, 1989
Sold by
Pavlis Steven and Pavlis Dimetra
Bought by
Sharp Kenneth and Sharp Rose M
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
Abel Ronald -- None Listed On Document
Abel Ronald $875,000 Trident Land Transfer
Maxx Roxx Llc $75,000 The Title Co Of Jersey
350 N Rumson Llc -- None Available
350 N Rumson Llc -- None Available
Nan Rob Chris Inc $5,000 The Title Company
Maxx Roxx Llc -- --
Sharp Kenneth $35,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maxx Roxx Llc $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $875,000 -2.7% --
03/11/2024 03/11/24 For Sale $899,000 -- --
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 $3,030 $177,400 $172,200 $5,200
2023 $2,799 $177,400 $172,200 $5,200
2022 $2,799 $177,400 $172,200 $5,200
2021 $2,760 $177,400 $172,200 $5,200
2020 $2,746 $177,400 $172,200 $5,200
2019 $2,736 $177,400 $172,200 $5,200
2018 $2,773 $177,400 $172,200 $5,200
2017 $2,776 $177,400 $172,200 $5,200
2016 $2,682 $177,400 $172,200 $5,200
2015 $2,640 $177,400 $172,200 $5,200
2014 $2,514 $172,200 $172,200 $0
Source: Public Records

Agents Affiliated with this Home

  • James Abbott

    Seller's Agent in 2024

    James Abbott

    BHHS Fox & Roach

    (609) 839-1916

    64 Total Sales

    James Abbott
    Section Image
  • Dana Hartman

    Buyer's Agent in 2024

    Dana Hartman

    BHHS FOX and ROACH-Margate II

    (609) 287-6201

    213 Total Sales

    Dana Hartman
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 583349

South Jersey Shore Regional MLS

APN: 16-00619-0000-00011

New Jersey Atlantic County Margate City 08402

350 N Rumson Ave, Margate City, NJ

This home is located at 350 N Rumson Ave, Margate City, NJ 08402 since 11 March 2024 and is currently estimated at $790,037. 350 N Rumson 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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