$379,000
SOLD AUG 1, 2026

55 Margarete Dr Elmer, NJ 08318

Pittsgrove Area
3 Beds
2 Baths
2,088 Sq Ft
1985 Built

Sale Details

Date Sold: August 1, 2026

$182 Per Sq Ft

5% Below List Price

37 Days on Market

Highlights

  • Second Kitchen
  • Wood Flooring
  • No HOA
  • Above Ground Pool
  • 1 Fireplace
  • 1 Car Attached Garage

About This Home

As of August 2026

Nestled in one of Pittsgrove Township’s most desirable and family-friendly neighborhoods, this well-maintained 3-bedroom, with a versatile bonus room and 2-bath bi-level home offers the perfect blend of comfort, space, and functionality. Situated on a beautifully landscaped lot surrounded by mature trees, this property provides a peaceful setting while still being part of a welcoming community.
The upper level features a bright and inviting living area, 2 bedrooms, and a functional kitchen with plenty of storage. The primary bedroom includes a custom built-in closet system for added organization and convenience. Downstairs, you’ll find a large family room, a convenient kitchenette, additional living space, and endless possibilities for entertaining, guests, or multi-generational living. Step outside to enjoy the expansive deck overlooking the backyard, complete with a gazebo for relaxing summer evenings. Additional highlights include updated bathrooms, a paver patio, storage sheds, and a wooded backdrop that offers privacy and natural beauty. Whether you’re hosting gatherings, enjoying quiet mornings on the deck, or taking advantage of the spacious indoor living areas, this home is ready to welcome its next owners. Don’t miss your opportunity to live in one of Pittsgrove Township’s most sought-after neighborhoods!

Last Agent to Sell the Property

Erin Vertolli

(856) 692-9933 briancollini@gmail.com Collini Real Estate LLC Brokerage Phone: 8566929933 Listed on: 06/01/2026

Collini Real Estate LLC

Last Buyer's Agent

Jeffrey Kroupa

(856) 321-1212 klrw653@kw.com Keller Williams Realty - Cherry Hill

Keller Williams Realty - Cherry Hill
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,405

Year Built

  • Built in 1985

Parking

  • 1 Car Attached Garage
  • Front Facing Garage
  • Driveway

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Stick Built Home

Interior Spaces

  • 2,088 Sq Ft Home
  • Property has 1.5 Levels
  • Paneling
  • 1 Fireplace

Kitchen

  • Second Kitchen
  • Gas Oven or Range
  • Stove

Flooring

  • Wood
  • Laminate
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

Laundry

  • Washer
  • Gas Dryer

Schools

  • Olivet Elementary School
  • Middle School
  • Arthur P Schalick High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private Water Source
  • Well
  • Natural Gas Water Heater
  • Septic Tank

Additional Features

  • Above Ground Pool
  • Property is in good condition

Community Details

  • No Home Owners Association
  • Hollywoods Subdivision

Listing and Financial Details

  • Tax Lot 00054
  • Assessor Parcel Number 11-01601-00054

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,405

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Bi-Level
  • Ownership: Fee Simple
  • Inclusions: Above ground pool, all appliances, shed
  • New Construction: No
  • Story List: Lower 1, Main
  • Federal Flood Zone: No
  • Year Built: 1985
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Refrigerator, Stove, Washer, Water Heater, Oven/Range - Gas, Dryer - Gas
  • Flooring Type: Luxury Vinyl Plank, Laminate Plank, Hardwood
  • Interior Amenities: 2nd Kitchen
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Wall Ceiling Types: Dry Wall, Paneled Walls
  • Foundation Details: Slab
  • Levels Count: 1.5
  • Basement: No
  • Total Sq Ft: 2088
  • Living Area Sq Ft: 2088
  • Price Per Sq Ft: 181.51
  • Above Grade Finished Sq Ft: 2088
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

  • Bedrooms: 3
  • Main Level Bedrooms: 2
  • All Lower Level Bedrooms: 1
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 1.00
  • Lower Levels Bathrooms: 1
  • Lower Levels Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick, Mixed, Stick Built
  • Pool Features: Above Ground
  • Roof: Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: Yes - Personal
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Garage Features: Garage - Front Entry
  • Attached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Attached Garage, Driveway

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Septic Tank
  • Water Source: Well, Private

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OLIVET E.S.
  • High School: ARTHUR P SCHALICK
  • Middle Or Junior School: MIDDLE

Lot Info

  • Horses: No
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 0.46
  • Property Condition: Good
  • Zoning: RES

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Pets: No Pet Restrictions
  • Pets Allowed: Yes
  • Vacation Rental: No
  • Property Manager: No

Tax Info

  • Tax Annual Amount: 7405.00
  • Assessor Parcel Number: 11-01601-00054
  • Tax Lot: 00054
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,841
Outstanding Balance
$321,334
Interest Rate
6.25%
Mortgage Type
FHA
Estimated Equity
$62,854

Purchase Details

Closed on
May 29, 1986
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $340,000 None Listed On Document
Deed $72,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $10,143 FHA
Open $333,841 FHA
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/01/2026 08/01/26 Sold $379,000 0.0% $182 / Sq Ft
07/08/2026 07/08/26 Pending -- -- --
06/21/2026 06/21/26 Price Changed $379,000 -5.0% $182 / Sq Ft
06/01/2026 06/01/26 For Sale $399,000 -- $191 / Sq Ft
Source: Bright MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,405 $171,900 $64,700 $107,200
2025 $7,405 $171,900 $64,700 $107,200
2024 $6,407 $171,900 $64,700 $107,200
2023 $6,407 $157,500 $64,700 $92,800
2022 $6,324 $157,500 $64,700 $92,800
2021 $6,149 $157,500 $64,700 $92,800
2020 $5,979 $157,500 $64,700 $92,800
2019 $5,878 $157,500 $64,700 $92,800
2018 $5,747 $157,500 $64,700 $92,800
2017 $5,527 $157,500 $64,700 $92,800
2016 $5,251 $157,500 $64,700 $92,800
2015 $5,004 $157,500 $64,700 $92,800
2014 $4,796 $157,500 $64,700 $92,800
Source: Public Records

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Map

Source: Bright MLS

MLS Number: NJSA2019126

Bright MLS

APN: 11-01601-0000-00054

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