NOT LISTED FOR SALE

5 S Rumson Ave Margate City, NJ 08402

Estimated Value: $3,299,456 - $3,375,000

-- Bed
-- Bath
3,010 Sq Ft
$1,109/Sq Ft Est. Value

About This Home

This home is located at 5 S Rumson Ave, Margate City, NJ 08402 and is currently estimated at $3,339,485, approximately $1,109 per square foot. 5 S 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2017
Sold by
State Trustee Services Llc
Bought by
Margadoon Lp
Current Estimated Value
$3,339,485

Purchase Details

Closed on
Jun 29, 2015
Sold by
Breitman Joseph and Breitman Barbara S
Bought by
State Trustee Services Llc and Margadoon Land Trust

Purchase Details

Closed on
Dec 12, 2001
Sold by
Morris Kenneth A and Morris Tamara J
Bought by
Breitman Joseph and Breitman Barbara S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6%

Purchase Details

Closed on
Sep 10, 1997
Sold by
Diberardino Philip J
Bought by
Morris Tamara J and Morris Kenneth A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.25%

Purchase Details

Closed on
Aug 20, 1996
Sold by
Levinson John M and Levinson Gladys E
Bought by
Diberardino Philip J
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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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
Margadoon Lp -- None Available
State Trustee Services Llc -- Attorney
Breitman Joseph $955,000 --
Morris Tamara J $400,000 Commonwealth Land Title Ins
Diberardino Philip J $300,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Breitman Joseph $500,000
Previous Owner Morris Kenneth A $480,000
Previous Owner Morris Tamara J $320,000
Source: Public Records

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 $18,414 $1,078,100 $736,000 $342,100
2024 $18,414 $1,078,100 $736,000 $342,100
2023 $17,012 $1,078,100 $736,000 $342,100
2022 $17,012 $1,078,100 $736,000 $342,100
2021 $16,775 $1,078,100 $736,000 $342,100
2020 $16,689 $1,078,100 $736,000 $342,100
2019 $16,624 $1,078,100 $736,000 $342,100
2018 $16,851 $1,078,100 $736,000 $342,100
2017 $16,872 $1,078,100 $736,000 $342,100
2016 $16,301 $1,078,100 $736,000 $342,100
2015 $16,042 $1,078,100 $736,000 $342,100
2014 $15,740 $1,078,100 $736,000 $342,100
Source: Public Records

Map

New Jersey Atlantic County Margate City 08402

5 S Rumson Ave, Margate City, NJ

This home is located at 5 S Rumson Ave, Margate City, NJ 08402 and is currently estimated at $3,339,485, approximately $1,109 per square foot. 5 S 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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