NOT LISTED FOR SALE

422 N Nassau Ave Margate City, NJ 08402

Estimated Value: $3,161,501 - $3,771,000

4 Beds
2.5 Baths
-- Sq Ft
6,011 Sq Ft Lot

Last Sold December 19, 2014

Last sale price $860,000

Est. 305% increase in value since last sale

Current estimated payment $20,927/month

143 Days on Market

Highlights

  • Property Fronts a Bay or Harbor
  • Boat Slip
  • Deck
  • William H. Ross III Intermediate School Rated A-
  • Home fronts a lagoon or estuary

About This Home

As of December 2014

Great Parkway Location! 4 bedroom, 2.5 bath Lagoon front home, restore or rebuild...60' x 100'...New Bulkhead!

Last Agent to Sell the Property

Jerome DiPentino

LONG and FOSTER REAL ESTATE INC-Longport Listed on: 04/04/2014

LONG and FOSTER REAL ESTATE INC-Longport

Last Buyer's Agent

GINA NOVELLI

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $32,587

Lot Details

  • Lot Dimensions are 60' x 100'
  • Home fronts a lagoon or estuary
  • Property Fronts a Bay or Harbor

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Boat Slip
  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$32,587

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Outside Features: Boat Slip, Deck
  • Siding Exterior: Brick

Garage/Parking

  • Driveway: Concrete

Lot Info

  • Location: Bay Front, Bulkheaded, Lagoon Front
  • Lot Dimensions: 60' x 100'
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2014
Closed on
Dec 19, 2014
Sold by
Leh Janet L
Bought by
Krevitz Family Lp
Seller's Agent
Jerome DiPentino
LONG and FOSTER REAL ESTATE INC-Longport
Buyer's Agent
GINA NOVELLI
BHHS FOX and ROACH-Margate
List Price
$860,000
Sold Price
$860,000
Current Estimated Value
$3,479,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,619,167
Avg. Annual Appreciation
13.72%

Purchase Details

Closed on
Jun 24, 1997
Sold by
Lightman Lois
Bought by
Leh Janet L

Purchase Details

Closed on
Jan 2, 1996
Sold by
Lightman Gary P
Bought by
Lightman Lois and Lois Lightman Revocable Living Trust

Purchase Details

Closed on
Jul 1, 1995
Sold by
Lightman Lois
Bought by
Lightman Gary P

Purchase Details

Closed on
Apr 14, 1989
Sold by
Lightman Gary and Lightman Gibson,Shelly
Bought by
Lightman Gary P
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
Krevitz Family Lp $860,000 Multiple
Leh Janet L $315,000 Commonwealth Land Title Ins
Lightman Lois -- --
Lightman Gary P -- --
Lightman Gary P -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2014 12/19/14 Sold $860,000 0.0% --
08/25/2014 08/25/14 Pending -- -- --
04/04/2014 04/04/14 For Sale $860,000 -- --
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 $32,587 $1,907,900 $688,800 $1,219,100
2024 $32,587 $1,907,900 $688,800 $1,219,100
2023 $30,107 $1,907,900 $688,800 $1,219,100
2022 $15,515 $983,200 $688,800 $294,400
2021 $10,718 $688,800 $688,800 $0
2020 $12,864 $831,000 $688,800 $142,200
2019 $12,814 $831,000 $688,800 $142,200
2018 $12,989 $831,000 $688,800 $142,200
2017 $13,005 $831,000 $688,800 $142,200
2016 $12,565 $831,000 $688,800 $142,200
2015 $12,365 $831,000 $688,800 $142,200
2014 $12,133 $831,000 $688,800 $142,200
Source: Public Records

Agents Affiliated with this Home

  • Jerome DiPentino

    Seller's Agent in 2014

    Jerome DiPentino

    LONG and FOSTER REAL ESTATE INC-Longport

    (609) 432-5588

    8 in this area

    44 Total Sales

    Jerome DiPentino
    Section Image
  • GINA NOVELLI

    Buyer's Agent in 2014

    GINA NOVELLI

    BHHS Fox & Roach

    (609) 287-0037

    1 in this area

    6 Total Sales

    GINA NOVELLI
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 426845

South Jersey Shore Regional MLS

APN: 16-00515-0000-00013

New Jersey Atlantic County Margate City 08402

422 N Nassau Ave, Margate City, NJ

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