NOT LISTED FOR SALE

7903 Atlantic Ave Unit 2 Margate City, NJ 08402

Estimated Value: $966,000 - $2,077,000

2 Beds
2 Baths
2,291 Sq Ft
$565/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $599,000 $261 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,248/month

Highlights

  • Main Floor Primary Bedroom
  • Furnished
  • Skylights
  • William H. Ross III Intermediate School Rated A-
  • Great Room
  • Eat-In Kitchen

About This Home

As of June 2024

STEPS TO THE BEACH!! Beautifully renovated and immaculate first floor 2 bedroom, 2 full bath! Open layout features a fabulous kitchen with center island, stainless steel appliances, and coffee bar with beverage cooler! Beautifully decorated throughout. Master bedroom with a gorgeous full bath. Rear outside area provides enough space to barbecue and dine on a summer's night. Sit out front and enjoy the ocean breeze. AMAZING LOCATION RIGHT ACROSS FROM THE BEACH AND IN THE HEART OF TOWN! Walk to everything..NEVER MOVE YOUR CAR! Local favorites like Robert's Place, Bocca, Hot Bagels, Starbucks, and even Casels Market are just steps away!! THE PERFECT SUMMER GETAWAY COULD BE YOURS...CALL TODAY!!

Last Agent to Rent the Property

Dana Hartman

BHHS FOX and ROACH-Margate II Listed on: 10/04/2023

BHHS FOX and ROACH-Margate II

Co-Listed By

Paula Hartman

BHHS FOX and ROACH-Margate

Last Renter's Agent

Penny Robinson

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,586

Year Built

  • 1930

Lot Details

  • 1,612

Interior Spaces

  • Furnished
  • Ceiling Fan
  • Skylights
  • Great Room
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Fenced
  • Central Air

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,586

Year Built

1930

Lot Details

0

Rental Info

  • Pets Allowed: No Pets Allowed
  • Furnished: Yes
  • Lease Duration Options: August, July, Split Season 2nd Half
  • Lease Duration: July
  • July Price: 11000
  • August Price: 16000
  • Split Season 2nd Half Price: 16000

Listing Details

  • Class: Rental Non-Commercial
  • Type: Apartment (Rental)
  • Lvt Date: 10/04/2023
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1930

Interior Features

  • Appliances: Dryer, Disposal, Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Laminate Flooring, Tile
  • Interior Amenities: Kitchen Center Island, Smoke/Fire Alarm, Skylight(s)
  • Bedrooms: 2
  • Full Bathrooms: 2
  • Other Rooms: Eat In Kitchen, Great Room, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Fenced Yard, Sidewalks

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Boardwalk Area

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Apr 21, 2021
Sold by
Callaghan Matthew D
Bought by
Ennis Joseph and Ennis Elizabeth
Seller's Agent
Carole Mancini
EXP Realty, LLC
Buyer's Agent
NON MEMBER
NONMEM
Sold Price
$16,000
Current Estimated Value
$1,295,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,279,081
Avg. Annual Appreciation
18.83%
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 28, 2012
Sold by
Lesser Esta Lee
Bought by
Callaghan Matthew D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,500
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2010
Sold by
Lesser Esta Lee
Bought by
Lesser Esta Lee

Purchase Details

Closed on
Jun 15, 2004
Sold by
Gennett Joseph A and Megargee Scott R
Bought by
Megargee Scott

Purchase Details

Closed on
Apr 30, 2004
Sold by
Gennett Joseph A and Megargee Scott
Bought by
Sparacio Gasper P and Sparacio Cynthia
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ennis Joseph $599,000 None Available
Callaghan Matthew D $330,000 Fidelity Natl Title Ins Co
Lesser Esta Lee -- None Available
Megargee Scott -- --
Sparacio Gasper P $115,000 Independence Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ennis Joseph $300,000
Previous Owner Callaghan Matthew D $214,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2024 06/30/24 Rented -- -- --
10/04/2023 10/04/23 For Rent $11,000 +144.4% --
07/01/2023 07/01/23 Rented -- -- --
06/12/2023 06/12/23 Rented -- -- --
03/07/2023 03/07/23 For Rent $4,500 -59.1% --
08/01/2022 08/01/22 Rented -- -- --
06/15/2022 06/15/22 For Rent $11,000 -31.3% --
10/09/2021 10/09/21 For Rent $16,000 0.0% --
06/13/2021 06/13/21 Rented $16,000 +700.0% --
06/11/2021 06/11/21 Price Changed $2,000 -33.3% $1 / Sq Ft
06/04/2021 06/04/21 Price Changed $3,000 -81.3% $1 / Sq Ft
05/19/2021 05/19/21 For Rent $16,000 0.0% --
04/26/2021 04/26/21 Sold $599,000 0.0% $261 / Sq Ft View Prior Sale
01/26/2021 01/26/21 Pending -- -- --
01/15/2021 01/15/21 For Sale $599,000 0.0% $261 / Sq Ft
04/28/2016 04/28/16 Rented -- -- --
03/29/2016 03/29/16 Under Contract -- -- --
02/01/2016 02/01/16 For Rent -- -- --
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 $4,586 $268,500 $198,600 $69,900
2024 $4,586 $268,500 $198,600 $69,900
2023 $4,237 $268,500 $198,600 $69,900
2022 $4,237 $268,500 $198,600 $69,900
2021 $4,178 $268,500 $198,600 $69,900
2020 $4,156 $268,500 $198,600 $69,900
2019 $4,140 $268,500 $198,600 $69,900
2018 $4,197 $268,500 $198,600 $69,900
2017 $4,202 $268,500 $198,600 $69,900
2016 $4,060 $268,500 $198,600 $69,900
2015 $3,995 $268,500 $198,600 $69,900
2014 $3,920 $268,500 $198,600 $69,900
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 578424

South Jersey Shore Regional MLS

APN: 16-00107-0000-00004