NOT LISTED FOR SALE

7 S Union Ave Margate City, NJ 08402

Estimated Value: $2,218,000 - $2,792,000

5 Beds
3.5 Baths
-- Sq Ft
3,746 Sq Ft Lot

Last Sold May 03, 2024

Last sale price $2,100,000

Est. 17% increase in value since last sale

Current estimated payment $14,553/month

36 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Furnished
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Den

About This Home

As of May 2024

ATTENTION BUILDERS- South Side Residence on a Lovely Street on the Parkway. Stately Home. Can be Remodeled or build new. Extremely Large Living Areas, with Two Sided Wood Burning Fireplace in LIving Area. Enjoy Television or game night in the totally Redone Den with Beautiful Wood and Glass Doors for Privacy. Kitchen Counters were replaced with Quartz Counters. Upstairs has Large Master Bedroom with Sitting Area. Four Additional Beds on Second and Third Floor. Separate Bathrooms for All Other Bedrooms. Deck off of Master Bedroom with Ocean Views.Stackable W/D in Master Bedroom and full W/D in Basement. Outside Shower and Sprinkler System. Driveway Can Park at least 5 Cars. Room for a Barbecue and Table to Entertain. Roof was replaced one year ago. All Furniture is Included, minus Art Work and Personal Items.

Last Agent to Sell the Property

Barbara Lipson

NEW ERA REAL ESTATE-B Listed on: 02/28/2024

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Audrey Panitch Levin

Compass Real Estate-Margate License #2078565

Compass Real Estate-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,539

Lot Details

  • Lot Dimensions are 47 x 80
  • Sprinkler System

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • 3-Story Property
  • Furnished
  • Wood Burning Fireplace
  • Shades
  • Drapes & Rods
  • Living Room with Fireplace
  • Den
  • Recreation Room
  • Storage
  • Unfinished Basement
  • Interior Basement Entry
  • Partial Storm Protection

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck

Utilities

  • Central Air
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,539

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 25+ Years
  • Also Includes: Curtains, Drapes, Fireplace Equipment, Furnished, Rugs, Shades
  • Lvt Date: 02/28/2024
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Built-In, Living Room, Wood Burning
  • Flooring: Hardwood, W/W Carpet
  • Interior Amenities: Cedar Closet, Storage
  • Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Inside Entrance, Unfinished
  • Other Rooms: Den/Tv Room, Eat In Kitchen, Recreation/Family

Exterior Features

  • Outside Features: Deck, Outside Shower, Sprinkler System
  • Siding Exterior: Brick, Stucco
  • Storm Screens: Partial

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 47 x 80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 4, 2024
Sold by
Asbell Stacy and Levin Andrew
Bought by
Asbell Stacy and Levin Andrew
Current Estimated Value
$2,448,536

Purchase Details

Listed on
Feb 28, 2024
Closed on
May 3, 2024
Sold by
Polsky Sharon
Bought by
Levin Andrew and Asbell Stacy L
Seller's Agent
Barbara Lipson
NEW ERA REAL ESTATE-B
Buyer's Agent
Audrey Panitch Levin
Compass Real Estate-Margate
List Price
$2,250,000
Sold Price
$2,100,000
Premium/Discount to List
-$150,000
-6.67%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.54%

Purchase Details

Closed on
Jun 2, 2003
Sold by
Polsky Harry
Bought by
Polsky Sharon

Purchase Details

Closed on
Jun 7, 1993
Sold by
Kujolic Steven
Bought by
Polsky Harry
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
Asbell Stacy -- None Listed On Document
Asbell Stacy -- None Listed On Document
Levin Andrew $2,100,000 Surety Title
Polsky Sharon -- --
Polsky Sharon -- --
Polsky Harry $410,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Polsky Harry $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/03/2024 05/03/24 Sold $2,100,000 -6.7% --
04/04/2024 04/04/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $2,250,000 -- --
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 $14,539 $553,500 $553,500 --
2024 $14,539 $851,200 $553,500 $297,700
2023 $13,432 $851,200 $553,500 $297,700
2022 $13,432 $851,200 $553,500 $297,700
2021 $13,245 $851,200 $553,500 $297,700
2020 $13,177 $851,200 $553,500 $297,700
2019 $13,126 $851,200 $553,500 $297,700
2018 $13,304 $851,200 $553,500 $297,700
2017 $13,321 $851,200 $553,500 $297,700
2016 $12,870 $851,200 $553,500 $297,700
2015 $12,666 $851,200 $553,500 $297,700
2014 $12,428 $851,200 $553,500 $297,700
Source: Public Records

Agents Affiliated with this Home

  • Barbara Lipson

    Seller's Agent in 2024

    Barbara Lipson

    RE/MAX Platinum Properties

    (609) 665-0317

    8 in this area

    19 Total Sales

    Barbara Lipson
    Section Image
  • Audrey Panitch Levin

    Buyer's Agent in 2024

    Audrey Panitch Levin

    Compass Real Estate-Margate

    (267) 250-8224

    33 in this area

    57 Total Sales

    Audrey Panitch Levin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 582644

South Jersey Shore Regional MLS

APN: 16-00121-0000-00004

New Jersey Atlantic County Margate City 08402

7 S Union Ave, Margate City, NJ

This home is located at 7 S Union Ave, Margate City, NJ 08402 since 28 February 2024 and is currently estimated at $2,448,536. 7 S Union 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.

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