NOT LISTED FOR SALE

7611 Ventnor Ave Margate City, NJ 08402

Estimated Value: $1,826,000 - $1,961,000

6 Beds
4 Baths
2,717 Sq Ft
$698/Sq Ft Est. Value

Last Sold February 10, 2023

Last sale price $1,575,000 $580 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $11,280/month

Highlights

  • Deck
  • Marble Flooring
  • Furnished
  • William H. Ross III Intermediate School Rated A-
  • Traditional Architecture
  • Balcony

About This Home

As of May 2024

WINTER RENTAL starting 9/4/2024-5/4/2025 for $2,95/month. Utility deposit: $750/month; Security deposit is $1,500 per month. Small pets considered. Rental includes use of smart TVs, and wifi access. This stunning newer home is available for rent in Margate's highly desirable Down Beach Section, just one block from the beach and boardwalk. The location allows for a quick stroll to wonderful shopping and casual and fine dining. The exterior features beautiful entertaining decks with an upgraded railing system and custom columns, as well as stone accents and exterior trim boards. The fully tiled outside shower is spacious, and there is a large shed in the ample backyard. Inside, the open concept floor plan boasts custom millwork, plantation shutters, and stunning ceramic floors. The chef kitchen features Electrolux appliances, custom cabinetry with glass doors and task lighting, and a stylish stone backsplash. The dining area comfortably accommodates an eight-seat table, and there is a sundrenched den/office, an impressive full bath, and a mudroom/laundry area on the first level. The second level includes two very large bedrooms with large windows, ample closets, and a full bath with double vanities, a large walk-in custom tiled shower, and a private water closet. The primary suite boasts an elegant millwork package, a walk-in closet with custom built-ins, and a private deck with an ocean view. The marble primary bath is luxurious and features his/her vanity, a walk-in shower with a rain head and handheld wand, and frameless glass panels and doors, as well as a private water closet. The third floor accommodates a fully tiled bath with custom fixtures and a tub/shower hookup, flanked by two large bedrooms. This is a rare opportunity to rent a truly exceptional property in a prime location.

Last Agent to Rent the Property

Jacki Silva

OCF Realty LLC - Philadelphia License #RS311485 Listed on: 09/15/2023

OCF Realty LLC - Philadelphia

Last Renter's Agent

datacorrect BrightMLS

Non Subscribing Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,290

Year Built

  • Built in 2012

Lot Details

  • 2,500 Sq Ft Lot
  • Lot Dimensions are 40.00 x 62.50
  • Property is in excellent condition

Home Design

  • Traditional Architecture
  • Vinyl Siding

Interior Spaces

  • 2,717 Sq Ft Home
  • Property has 3 Levels
  • Furnished
  • Ceiling Fan
  • Dining Area
  • Crawl Space
  • Home Security System

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • 2 Driveway Spaces

Outdoor Features

  • Balcony
  • Deck
  • Shed

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Water Heater

Community Details

  • $750 Other One-Time Fees

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,000
  • No Smoking Allowed
  • 1-Month Min and 4-Month Max Lease Term
  • Available 5/1/24
  • Assessor Parcel Number 16-00204 01-00029 01

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,290

Year Built

Built in 2012

Lot Details

0

Rental Info

  • Date Available: 2024-05-01
  • Furnished: Yes
  • Pets: Case By Case Basis, Size/Weight Restriction
  • Pets Allowed: Yes
  • Security Deposit: 1000.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 4
  • Min Lease in Months: 1
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Inclusions: Rental includes use of two beach cruisers, 6 beach chairs, and 8 beach tags.
  • New Construction: No
  • Story List: Main, Upper 1, Upper 2
  • Year Built: 2012
  • Remarks Public: WINTER RENTAL starting 9/4/2024-5/4/2025 for $2,95/month. Utility deposit: $750/month; Security deposit is $1,500 per month. Small pets considered. Rental includes use of smart TVs, and wifi access. This stunning newer home is available for rent in Margate's highly desirable Down Beach Section, just one block from the beach and boardwalk. The location allows for a quick stroll to wonderful shopping and casual and fine dining. The exterior features beautiful entertaining decks with an upgraded railing system and custom columns, as well as stone accents and exterior trim boards. The fully tiled outside shower is spacious, and there is a large shed in the ample backyard. Inside, the open concept floor plan boasts custom millwork, plantation shutters, and stunning ceramic floors. The chef kitchen features Electrolux appliances, custom cabinetry with glass doors and task lighting, and a stylish stone backsplash. The dining area comfortably accommodates an eight-seat table, and there is a sundrenched den/office, an impressive full bath, and a mudroom/laundry area on the first level. The second level includes two very large bedrooms with large windows, ample closets, and a full bath with double vanities, a large walk-in custom tiled shower, and a private water closet. The primary suite boasts an elegant millwork package, a walk-in closet with custom built-ins, and a private deck with an ocean view. The marble primary bath is luxurious and features his/her vanity, a walk-in shower with a rain head and handheld wand, and frameless glass panels and doors, as well as a private water closet. The third floor accommodates a fully tiled bath with custom fixtures and a tub/shower hookup, flanked by two large bedrooms. This is a rare opportunity to rent a truly exceptional property in a prime location.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Stove, Oven - Self Cleaning, Refrigerator, Washer, Dryer
  • Flooring Type: Hardwood, Marble
  • Interior Amenities: Kitchen - Island, Walk-In Closet(s), Dining Area, Pantry
  • Foundation Details: Crawl Space
  • Levels Count: 3
  • Basement: No
  • Laundry Type: Dryer In Unit, Washer In Unit
  • Total Sq Ft: 2717
  • Living Area Sq Ft: 2717
  • Price Per Sq Ft: 1.09
  • Above Grade Finished Sq Ft: 2717
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7611

Beds/Baths

  • Bedrooms: 6
  • Main Level Bedrooms: 1
  • Total Bathrooms: 4
  • Full Bathrooms: 4
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 3
  • Upper Level Bathrooms: 2.00
  • Upper Level 2 Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Full Bathrooms: 2
  • Upper Level 2 Full Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Other Structures List: Shed
  • Construction Materials: Vinyl Siding
  • Exterior Features: Sidewalks
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Concrete Driveway
  • Total Garage And Parking Spaces: 2
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 2

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C, Ceiling Fan(s), Zoned
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air, Zoned
  • Heating: Yes
  • Hot Water: Natural Gas
  • Security: Security System
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Fees: 750.00
  • Other Fees Frequency: One Time

Schools

  • School District: MARGATE CITY SCHOOLS
  • School District Key: 300200396917
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 40.00 x 62.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2500.00
  • Outdoor Living Structures: Balcony, Deck(s)
  • Property Condition: Excellent
  • Zoning: RESIDENTIAL

Tax Info

  • Assessor Parcel Number: 16-00204 01-00029 01
  • Tax Data Updated: No
  • Close Date: 05/27/2024

MLS Schools

  • School District Name: MARGATE CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2022
Closed on
Feb 9, 2023
Sold by
Verna Paul and Verna Maria
Bought by
Yasgur Aryeh M
Seller's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
Buyer's Agent
Jacki Silva-Steuer
OCF REALTY, LLC
List Price
$1,750,000
Sold Price
$1,575,000
Premium/Discount to List
-$175,000
-10%
Views
83
Current Estimated Value
$1,897,629

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,629
Avg. Annual Appreciation
7.68%
Original Mortgage
$1,260,000
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2012
Sold by
East Shore Developments Co Llc
Bought by
Verna Paul and Verna Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,750
Interest Rate
5.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 29, 2010
Sold by
Mckenna William J and Mckenna Marie E
Bought by
East Shore Development Company Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Yasgur Aryeh M $1,575,000 --
Verna Paul $825,000 Surety Title
East Shore Development Company Llc $460,000 The Title Company Of Jersey
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yasgur Aryeh M $1,260,000
Previous Owner Verna Paul $500,000
Previous Owner Verna Paul $2,900,000
Previous Owner Verna Paul $500,000
Previous Owner Verna Paul $210,000
Previous Owner Verna Paul $616,750
Previous Owner East Shore Development Company Llc $700,000
Previous Owner East Shore Development Company Llc $465,000
Previous Owner Mckenna William J $214,790
Previous Owner Mckenna William J $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2024 05/27/24 Rented $2,700 -8.5% --
04/26/2024 04/26/24 Price Changed $2,950 -92.3% $1 / Sq Ft
01/14/2024 01/14/24 Rented $38,500 0.0% --
10/13/2023 10/13/23 For Rent $38,500 +670.0% --
09/15/2023 09/15/23 For Rent $5,000 -85.3% --
05/25/2023 05/25/23 Rented -- -- --
04/26/2023 04/26/23 Price Changed $34,000 -2.9% $28 / Sq Ft
03/23/2023 03/23/23 Price Changed $35,000 -9.1% $29 / Sq Ft
02/28/2023 02/28/23 For Rent $38,500 0.0% --
02/10/2023 02/10/23 Sold $1,575,000 -7.3% $1,293 / Sq Ft
10/06/2022 10/06/22 Pending -- -- --
09/02/2022 09/02/22 Price Changed $1,699,000 -2.9% $1,395 / Sq Ft
07/10/2022 07/10/22 For Sale $1,750,000 -- $1,437 / Sq Ft
Source: Bright 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
2024 $11,290 $661,000 $278,100 $382,900
2023 $10,431 $661,000 $278,100 $382,900
2022 $10,431 $661,000 $278,100 $382,900
2021 $10,285 $661,000 $278,100 $382,900
2020 $10,232 $661,000 $278,100 $382,900
2019 $10,193 $661,000 $278,100 $382,900
2018 $10,331 $661,000 $278,100 $382,900
2017 $10,345 $661,000 $278,100 $382,900
2016 $9,994 $661,000 $278,100 $382,900
2015 $9,836 $661,000 $278,100 $382,900
2014 $9,651 $661,000 $278,100 $382,900
Source: Public Records

Agents Affiliated with this Home

  • Jeff Silva

    Seller's Agent in 2024

    Jeff Silva

    OCF Realty LLC - Margate

    (844) 765-3297

    23 in this area

    624 Total Sales

    Section Image

  • J

    Landlord's Agent in 2024

    Jacki Silva

    OFC Realty

    (215) 694-3003

    2 in this area

    116 Total Sales

    Section Image

  • d

    Tenant's Agent in 2024

    datacorrect BrightMLS

    Non Subscribing Office

    Section Image

  • R

    Seller's Agent in 2023

    ROSENZWEIG, TROY ROSENZWEIG

    BHHS Fox & Roach

    (609) 209-4495

    138 in this area

    174 Total Sales

    Section Image
  • Jacki Silva-Steuer

    Seller Co-Listing Agent in 2023

    Jacki Silva-Steuer

    OCF REALTY, LLC

    (215) 694-3003

    6 in this area

    47 Total Sales

    Section Image

  • S

    Seller Co-Listing Agent in 2023

    STACY SCHERR

    BHHS Fox & Roach

    (267) 228-8043

    76 in this area

    90 Total Sales

    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: NJAC2009738

Bright MLS

APN: 16-00204-01-00029-01

New Jersey Atlantic County Margate City 08402

7611 Ventnor Ave, Margate City, NJ

This home is located at 7611 Ventnor Ave, Margate City, NJ 08402 since 15 September 2023 and is currently priced at $1,897,629. This property was built in 2012. 7611 Ventnor 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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