NOT LISTED FOR SALE

7 S Gladstone Ave Margate City, NJ 08402

Estimated Value: $970,000 - $1,297,000

-- Bed
-- Bath
-- Sq Ft
3,354 Sq Ft Lot

Last Sold April 16, 2023

Last sale price $800,000

Est. 41% increase in value since last sale

Current estimated payment $6,575/month

30 Days on Market

Highlights

  • Porch
  • Eat-In Kitchen
  • Shed
  • William H. Ross III Intermediate School Rated A-
  • Patio
  • 4-minute walk to Ross School Playground

About This Home

As of April 2023

Address 7 and 7a South Gladstone 1st level has been nicely renovated and in great shape..good seasonal rental history 2nd level has monthly tenants and unit requires renovation but has high cathedral ceilings and very spacious, large deck off living room 1.5 to 2 car garage off street and large driveway for additional parking washer dryer on site very large yard as lot is 80 ft deep and perfect for landscaping to provide a good yard for entertaining Key available for 1st level and appt required if buyer shows interest for 2nd unit

Last Agent to Sell the Property

GARRETT F TURNBULL

NEW ERA REAL ESTATE-B Listed on: 01/27/2023

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Ashley Franchini

Soleil Sotheby's International Realty - A

Soleil Sotheby's International Realty - A

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,397

Lot Details

  • Lot Dimensions are 42x80
  • Fenced

Parking

  • 1.5 Car Garage

Home Design

  • Duplex

Interior Spaces

  • Dining Room
  • Crawl Space
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,397

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 01/27/2023
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Electric Stove, Microwave, Refrigerator, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Eat In Kitchen

Exterior Features

  • Outside Features: Fenced Yard, Patio, Porch, Shed
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: One And Half Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 42x80

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 2
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 24, 2024
Sold by
Reed Scott and Reed Diane
Bought by
7 S Gladstone Llc
Current Estimated Value
$1,124,002

Purchase Details

Listed on
Jan 27, 2023
Closed on
Apr 17, 2023
Sold by
Solvibile Meridith P
Bought by
J Reynolds Custom Homes And Renovations Inc and Reed
Seller's Agent
GARRETT F TURNBULL
NEW ERA REAL ESTATE-B
Buyer's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Views
51

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.70%

Purchase Details

Closed on
Feb 2, 2018
Sold by
Casazza Lawrence and Casazza Carolyn B
Bought by
Solvibile Meridith P

Purchase Details

Closed on
Dec 29, 2000
Sold by
Delaney James T
Bought by
Casazza Lawrence and Casazza Carolyn B

Purchase Details

Closed on
May 6, 1994
Sold by
Cohen Jerome
Bought by
Delaney James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
8.44%
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
7 S Gladstone Llc -- Surety Title
J Reynolds Custom Homes And Renovations Inc $800,000 Surety Title
Solvibile Meridith P $385,000 None Available
Casazza Lawrence $210,000 --
Delaney James $135,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Delaney James $108,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/16/2023 04/16/23 Sold $800,000 -5.9% --
02/26/2023 02/26/23 Pending -- -- --
01/27/2023 01/27/23 For Sale $850,000 0.0% --
06/01/2020 06/01/20 Rented -- -- --
04/15/2020 04/15/20 Rented -- -- --
01/28/2020 01/28/20 For Rent $1,400 -65.0% --
09/24/2019 09/24/19 For Rent $4,000 +185.7% --
03/01/2019 03/01/19 Rented -- -- --
01/28/2019 01/28/19 For Rent $1,400 -- --
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 $7,397 $433,100 $296,800 $136,300
2024 $7,397 $433,100 $296,800 $136,300
2023 $6,629 $420,100 $296,800 $123,300
2022 $6,629 $420,100 $296,800 $123,300
2021 $6,537 $420,100 $296,800 $123,300
2020 $6,503 $420,100 $296,800 $123,300
2019 $6,478 $420,100 $296,800 $123,300
2018 $6,566 $420,100 $296,800 $123,300
2017 $6,575 $420,100 $296,800 $123,300
2016 $6,352 $420,100 $296,800 $123,300
2015 $6,251 $420,100 $296,800 $123,300
2014 $6,133 $420,100 $296,800 $123,300
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    GARRETT F TURNBULL

    RE/MAX Platinum Properties

    (609) 839-3431

    2 in this area

    19 Total Sales

    GARRETT F TURNBULL
    Section Image
  • Ashley Franchini

    Buyer's Agent in 2023

    Ashley Franchini

    Solei SIR Margate

    (609) 233-6116

    56 in this area

    196 Total Sales

    Ashley Franchini
    Section Image
  • Paula Hartman

    Seller's Agent in 2020

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    254 in this area

    745 Total Sales

    Paula Hartman
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    JAIME MIKLINEVICH

    BHHS FOX and ROACH-Margate III

    1 in this area

    14 Total Sales

    JAIME MIKLINEVICH
    Section Image
  • Jo Ann Daly

    Buyer's Agent in 2020

    Jo Ann Daly

    Re/Max Select

    (609) 513-8969

    5 in this area

    107 Total Sales

    Jo Ann Daly
    Section Image
  • Suzanne Strauss Lawler

    Buyer's Agent in 2020

    Suzanne Strauss Lawler

    LONG and FOSTER REAL ESTATE INC-Longport

    (609) 457-9222

    21 in this area

    51 Total Sales

    Suzanne Strauss Lawler
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 570628

South Jersey Shore Regional MLS

APN: 16-00108-01-00023

New Jersey Atlantic County Margate City 08402

7 S Gladstone Ave, Margate City, NJ

This home is located at 7 S Gladstone Ave, Margate City, NJ 08402 since 27 January 2023 and is currently estimated at $1,124,002. 7 S Gladstone 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.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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