NOT LISTED FOR SALE

4 N Monroe Ave Unit C Margate City, NJ 08402

Estimated Value: $1,144,000 - $1,239,000

3 Beds
3.5 Baths
-- Sq Ft
1,176 Sq Ft Lot

Last Sold December 20, 2019

Last sale price $570,000

Est. 107% increase in value since last sale

Current estimated payment $7,118/month

46 Days on Market

Highlights

  • Cathedral Ceiling
  • Wood Flooring
  • End Unit
  • William H. Ross III Intermediate School Rated A-
  • Main Floor Bedroom
  • Great Room

About This Home

As of December 2019

REDUCED!! HOW MUCH for a 3 bedroom, 3.5 bath townhouse with PRIVATE ELEVATOR just 2 short blocks to the beach?? You will love this stunning home located in the highly desirable Marina district of Margate, with a generous 2000 (approx) square feet open floor plan that is perfect for entertaining, and those special views that will allow you to enjoy spectacular beyond belief sunsets. The main floor deck with retractable awning gives you a lovely, private area for outdoor dining, and entertaining. The oversized master bedroom offers a retreat to your own special suite with a large, luxurious ensuite bath, huge walk in closet, and its own enclosed deck for enjoying the privacy of your own, very special space. All bedrooms with their own ensuite bathrooms, ensure each guest feels welcome. Smart home technology makes it easy for the out of town owner to control this home remotely. Two storage areas give you plenty of space for chairs, bikes and other equipment. Located close to the beach, and the Marina, walk to the very best restaurants in town, shopping and family entertainment such as miniature golf. Truly maintenance free living with professional, concierge like management. THE BEST of the BEST!!

Last Agent to Sell the Property

Rochelle Levine

BHHS FOX and ROACH-Margate Listed on: 10/07/2019

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Joelle Bridgers

Compass Real Estate-Margate

Compass Real Estate-Margate

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,395

Year Built

  • Built in 2007

Lot Details

  • 1,176

Interior Spaces

  • 3-Story Property
  • Elevator
  • Cathedral Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Family Room with Fireplace
  • Great Room
  • Dining Area
  • Burglar Security System

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Handicap Accessible
  • End Unit

Community Details

Overview

  • Association fees include insurance, maintenance, management

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,395

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds, Curtains
  • Lvt Date: 10/07/2019
  • Year Built: 2007
  • Age: 11 To 15 Years
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Three To Five
  • Unit Location: End Unit
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Family Room
  • Bedrooms: 3
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Main
  • Bathroom 3 Level: Upper
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Dining Area, Great Room

Garage/Parking

  • Parking Exterior: Two Car, Assigned

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Insurance, Maintenance, Management
  • Management: Association, Off-Site Professionals

Rental Info

  • Pets: Yes

Multi Family

  • Unit Features: Cathedral Ceiling(s), Elevator, Fireplace(s), Handicap Features, Hardwood Floors, Master Bath, Pets Allowed, Skylight, Wall To Wall Carpet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2019
Closed on
Dec 18, 2019
Sold by
Janoff Linda A and Janoff Larry S
Bought by
Munson Michael and Mazzacano Andra
Seller's Agent
Rochelle Levine
BHHS FOX and ROACH-Margate
Buyer's Agent
Joelle Bridgers
Compass Real Estate-Margate
List Price
$599,000
Sold Price
$570,000
Premium/Discount to List
-$29,000
-4.84%
Current Estimated Value
$1,178,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$608,031
Avg. Annual Appreciation
13.61%
Original Mortgage
$370,000
Outstanding Balance
$327,726
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$850,305

Purchase Details

Listed on
Jan 14, 2015
Closed on
Oct 7, 2015
Sold by
Schwedler Kerstein Margaret
Bought by
Janoff Linda A and Janoff Larry S
Seller's Agent
Rene Kane
BHHS FOX and ROACH-Margate
Buyer's Agent
Rochelle Levine
BHHS FOX and ROACH-Margate
List Price
$575,000
Sold Price
$575,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.21%
Original Mortgage
$400,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2011
Sold by
Spring Hollow #1 L L C
Bought by
Kerstein Morris E and Schwedler Kerstein Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2009
Sold by
Forino Enterprises Nj
Bought by
Green Jeffrey N and Green Karen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.02%
Mortgage Type
New Conventional
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
Munson Michael $570,000 First American Mortgage Sln
Janoff Linda A $575,000 Attorney
Kerstein Morris E $575,000 First American Title
Green Jeffrey N $575,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munson Michael $370,000
Previous Owner Janoff Linda A $400,000
Previous Owner Kerstein Morris E $417,000
Previous Owner Green Jeffrey N $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2019 12/20/19 Sold $570,000 -4.8% --
11/22/2019 11/22/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $599,000 +4.2% --
10/07/2015 10/07/15 Sold $575,000 0.0% --
07/01/2015 07/01/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $575,000 -- --
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 $8,395 $491,500 $241,500 $250,000
2024 $8,395 $491,500 $241,500 $250,000
2023 $7,756 $491,500 $241,500 $250,000
2022 $7,756 $491,500 $241,500 $250,000
2021 $7,648 $491,500 $241,500 $250,000
2020 $7,608 $491,500 $241,500 $250,000
2019 $7,579 $491,500 $241,500 $250,000
2018 $7,682 $491,500 $241,500 $250,000
2017 $7,692 $491,500 $241,500 $250,000
2016 $7,431 $491,500 $241,500 $250,000
2015 $7,314 $491,500 $241,500 $250,000
2014 $7,176 $491,500 $241,500 $250,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 528979

South Jersey Shore Regional MLS

APN: 16-00231-0000-00304-0000-C000C