NOT LISTED FOR SALE

8 S Nassau Ave Margate City, NJ 08402

Estimated Value: $4,544,018 - $5,454,000

6 Beds
5.5 Baths
-- Sq Ft
5,314 Sq Ft Lot

Last Sold February 26, 2020

Last sale price $2,375,000

Est. 115% increase in value since last sale

Current estimated payment $29,770/month

Highlights

  • Water Views
  • New Construction
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • In Ground Pool
  • Den

About This Home

As of February 2020

ANOTHER GORGEOUS NEW CONSTRUCTION MASTERPIECE BROUGHT TO YOU BY REVOLUTION BUILDERS W/ IN-GROUND POOL LOCATED ON THE PRESTIGIOUS MARGATE PARKWAY! Situated just one block to the beach this 6 bedroom, 5 and a half bath home features high ceilings, hardwood flooring, and custom woodwork throughout, including coffered ceilings, wainscoting, crown molding, and an ELEVATOR! The huge open floor plan features a family room, gourmet kitchen and large center island with ample counter seating, and large dining area that flows onto the rear deck overlooking the pool! A bonus den w/ full bathroom, mud/utility room and powder room complete the first floor. The second floor boasts three spacious bedrooms w/ private en-suites. Rounding out the second floor is the generously-sized master suite w/ large walk-in closet, over-sized master bath w/ standing shower and double-vanity! The third floor has two more bedrooms and another full bath! Additional exterior features include a large in-ground pool w/ a generous lounging area, fenced in yard, and huge front and back decks! There is also a garage and parking for 3+ cars! You don't want to miss this BEAUTY!!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 03/08/2019

BHHS FOX and ROACH-Margate

Co-Listed By

Brian Hiltner

BHHS FOX and ROACH-Margate II

Last Buyer's Agent

Dana Hartman

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $37,062

Lot Details

  • Lot Dimensions are 66.35x80
  • Fenced

Parking

  • 3 Car Attached Garage

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Elevator
  • Ceiling Fan
  • Dining Area
  • Den
  • Storage
  • Water Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$37,062

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 6
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Fenced Yard, Outside Shower, Patio, Pool-In Ground, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Water View
  • Lot Dimensions: 66.35x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2019
Closed on
Feb 26, 2020
Sold by
Revolution Builders Inc
Bought by
Swimmer Rhodes Sharon and Rhodes Michael R
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Dana Hartman
BHHS FOX and ROACH-Margate II
List Price
$2,499,000
Sold Price
$2,375,000
Premium/Discount to List
-$124,000
-4.96%
Current Estimated Value
$5,097,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,722,505
Avg. Annual Appreciation
14.42%

Purchase Details

Listed on
Jul 17, 2018
Closed on
Feb 25, 2019
Sold by
Corpus Christi Llc
Bought by
Revolution Builders Incorporated
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
List Price
$1,149,000
Sold Price
$1,110,000
Premium/Discount to List
-$39,000
-3.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
115.61%
Original Mortgage
$1,560,000
Interest Rate
4.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jan 4, 2016
Closed on
Feb 5, 2016
Sold by
Erdberg Judithm S and Erdberg Judith F
Bought by
Corpuschristi Llc
Seller's Agent
Joanne Ferraro
BHHS FOX and ROACH-Margate
Buyer's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
List Price
$999,999
Sold Price
$999,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.48%

Purchase Details

Closed on
Sep 20, 1999
Sold by
Dessauer Reva H
Bought by
Dessauer Reva H

Purchase Details

Closed on
Aug 4, 1999
Sold by
Dessauer Reva H
Bought by
Dessauer Reva H
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
Swimmer Rhodes Sharon $2,375,000 Trident Land Transfer Co Nj
Revolution Builders Incorporated $1,110,000 None Available
Corpuschristi Llc $999,999 None Available
Dessauer Reva H -- --
Dessauer Reva H -- --
Dessauer Reva H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Revolution Builders Incorporated $1,560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2020 02/26/20 Sold $2,375,000 -5.0% --
03/08/2019 03/08/19 Pending -- -- --
03/08/2019 03/08/19 For Sale $2,499,000 +125.1% --
02/28/2019 02/28/19 Sold $1,110,000 -14.6% -- View Prior Sale
10/16/2018 10/16/18 Pending -- -- --
09/29/2018 09/29/18 Price Changed $1,300,000 +8.3% --
09/17/2018 09/17/18 Price Changed $1,200,000 +4.4% --
07/17/2018 07/17/18 For Sale $1,149,000 0.0% --
05/26/2016 05/26/16 Rented -- -- --
04/26/2016 04/26/16 Under Contract -- -- --
03/21/2016 03/21/16 For Rent -- -- --
02/10/2016 02/10/16 Sold $999,999 0.0% -- View Prior Sale
01/11/2016 01/11/16 Pending -- -- --
01/04/2016 01/04/16 For Sale $999,999 -- --
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 $37,062 $2,169,900 $683,000 $1,486,900
2024 $37,062 $2,169,900 $683,000 $1,486,900
2023 $34,241 $2,169,900 $683,000 $1,486,900
2022 $34,241 $2,169,900 $683,000 $1,486,900
2021 $33,764 $2,169,900 $683,000 $1,486,900
2020 $14,735 $951,900 $683,000 $268,900
2019 $13,048 $846,200 $683,000 $163,200
2018 $13,226 $846,200 $683,000 $163,200
2017 $13,243 $846,200 $683,000 $163,200
2016 $12,795 $846,200 $683,000 $163,200
2015 $12,591 $846,200 $683,000 $163,200
2014 $12,355 $846,200 $683,000 $163,200
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2020

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    251 in this area

    738 Total Sales

    Paula Hartman
    Section Image
  • Brian Hiltner

    Seller Co-Listing Agent in 2020

    Brian Hiltner

    BHHS FOX and ROACH-Margate II

    (609) 703-4789

    91 in this area

    139 Total Sales

    Brian Hiltner
    Section Image
  • Dana Hartman

    Buyer's Agent in 2020

    Dana Hartman

    BHHS FOX and ROACH-Margate II

    (609) 287-6201

    102 in this area

    199 Total Sales

    Dana Hartman
    Section Image
  • Todd Gordon

    Seller Co-Listing Agent in 2019

    Todd Gordon

    BHHS FOX and ROACH-Margate III

    (609) 553-5098

    61 in this area

    429 Total Sales

    Todd Gordon
    Section Image
  • Judi Cohen

    Seller's Agent in 2016

    Judi Cohen

    BHHS Fox & Roach

    (609) 513-2303

    28 in this area

    80 Total Sales

    Judi Cohen
    Section Image
  • Joanne Ferraro

    Seller's Agent in 2016

    Joanne Ferraro

    BHHS Fox & Roach

    (609) 226-4002

    17 in this area

    92 Total Sales

    Joanne Ferraro
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 518832

South Jersey Shore Regional MLS

APN: 16-00115-0000-00012

New Jersey Atlantic County Margate City 08402

8 S Nassau Ave, Margate City, NJ

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