NOT LISTED FOR SALE

7502 Monmouth Ave Margate City, NJ 08402

Estimated Value: $844,000 - $1,170,000

3 Beds
1.5 Baths
1,668 Sq Ft
$600/Sq Ft Est. Value

Last Sold June 26, 2014

Last sale price $348,000 $209 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $5,798/month

290 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Enclosed Patio or Porch
  • William H. Ross III Intermediate School Rated A-
  • Corner Lot
  • Eat-In Kitchen

About This Home

As of June 2014

Beautifully maintained, turn key home. Open, light, airy, and charming. new roof, refrigerator, washer and dryer. Lovely landscaping, walk to beach, boardwalk, and shopping. Desirable neighborhood and one of the highest elevations in Margate. Perfect for year round or summer family home.

Last Agent to Sell the Property

CAROLYN BLATSTEIN

Soleil Sotheby's International Realty - A License #0678436 Listed on: 07/14/2013

Soleil Sotheby's International Realty - A

Last Buyer's Agent

Ronnie Alper

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,570

Lot Details

  • Lot Dimensions are 50x50
  • Fenced
  • Corner Lot

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Dining Room
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Cedar Closet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Enclosed Patio or Porch
  • Shed

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,570

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cedar Closet
  • Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Powder Room Level: Main
  • Other Rooms: Dining Room, Eat In Kitchen, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Porch, Porch Enclosed, Shed, Sidewalks
  • Storm Screens: Insulated Glass

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units, Wall Units
  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner
  • Lot Dimensions: 50x50
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2013
Closed on
Jun 26, 2014
Sold by
Jaffe Richard and Jaffe Terry
Bought by
Sterling Mitchell
Seller's Agent
CAROLYN BLATSTEIN
Soleil Sotheby's International Realty - A
Buyer's Agent
Ronnie Alper
BHHS FOX and ROACH-Margate
List Price
$348,000
Sold Price
$348,000
Current Estimated Value
$1,001,148

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,148
Avg. Annual Appreciation
9.40%
Original Mortgage
$330,600
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2005
Sold by
Pollock Donald A
Bought by
Jaffe Richard and Jaffe Terry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.82%
Mortgage Type
Fannie Mae Freddie Mac
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
Sterling Mitchell $348,000 Multiple
Jaffe Richard $440,000 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sterling Mitchell $300,000
Closed Sterling Mitchell $330,600
Previous Owner Jaffe Richard $307,633
Previous Owner Jaffe Richard $352,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2014 06/26/14 Sold $348,000 0.0% $209 / Sq Ft
04/30/2014 04/30/14 Pending -- -- --
07/14/2013 07/14/13 For Sale $348,000 -- $209 / Sq Ft
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 $5,570 $326,100 $214,200 $111,900
2024 $5,570 $326,100 $214,200 $111,900
2023 $5,146 $326,100 $214,200 $111,900
2022 $5,146 $326,100 $214,200 $111,900
2021 $5,074 $326,100 $214,200 $111,900
2020 $5,048 $326,100 $214,200 $111,900
2019 $5,028 $326,100 $214,200 $111,900
2018 $5,097 $326,100 $214,200 $111,900
2017 $5,103 $326,100 $214,200 $111,900
2016 $4,931 $326,100 $214,200 $111,900
2015 $4,852 $326,100 $214,200 $111,900
2014 $4,761 $326,100 $214,200 $111,900
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2014

    CAROLYN BLATSTEIN

    Solei SIR Margate

    (267) 229-2374

    CAROLYN BLATSTEIN
    Section Image
  • Ronnie Alper

    Buyer's Agent in 2014

    Ronnie Alper

    BHHS Fox & Roach

    (609) 576-8090

    36 in this area

    52 Total Sales

    Ronnie Alper
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 414369

South Jersey Shore Regional MLS

APN: 16-00302-01-00010

New Jersey Atlantic County Margate City 08402

7502 Monmouth Ave, Margate City, NJ

This home is located at 7502 Monmouth Ave, Margate City, NJ 08402 since 14 July 2013 and is currently estimated at $1,001,148, approximately $600 per square foot. 7502 Monmouth 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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