NOT LISTED FOR SALE

81 Margarete Dr Elmer, NJ 08318

Estimated Value: $404,915 - $492,000

3 Beds
2 Baths
2,346 Sq Ft
$190/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2025

Last sale price $415,000 $177 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,129 / mo

9 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Stainless Steel Appliances
  • Cape Cod Architecture
  • Upgraded Countertops
  • 2 Car Direct Access Garage

About This Home

As of May 2025

Pack your bags and get ready to move into this fantastic 3 bedroom, 2 bath Cape Cod style home that was renovated in 2022! This home features everything you want--from the moment you enter the front door and see the large living room with the electric fireplace you will know you are home. The kitchen-dining combination features granite counters, a coffee bar and beverage cooler area, a peninsula perfect for breakfast before you start the day, and so much cabinet space! The first floor bedroom with two closets adds convenience, and the first floor bath with tile shower is a dream! Upstairs there are two large bedrooms and another full bath--this one with a tub/shower. Flooring has been upgraded throughout and features a mix of vinyl plank, ceramic tile plank, and carpeting. The full unfinished basement is ready for your dreams--with both inside and Bilco entrance you can keep it unfinished or add a recreation space...an office....or whatever suits your needs! Laundry hook-up and utilities are in this area as well. Other features of this home include a two car attached garage, two zone central air, replacement windows, recessed lighting, and a large back patio. This is a Must See Home!

Last Agent to Sell the Property

Neal Evans

(856) 455-6660 ltnealdad@aol.com The Roarke Agency License #9590763 Listed on: 03/31/2025

Last Buyer's Agent

Jackie Capoferri

(856) 455-8820 michelekelly3@hotmail.com S. Kelly Real Estate LLC License #1541079

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,156

Year Built

  • Built in 1979 | Remodeled in 2022

Lot Details

  • 20,038 Sq Ft Lot
  • Property is in excellent condition

Parking

  • 2 Car Direct Access Garage
  • 4 Driveway Spaces
  • Front Facing Garage
  • Garage Door Opener

Home Design

  • Cape Cod Architecture
  • Block Foundation
  • Architectural Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2,346 Sq Ft Home
  • Property has 2 Levels
  • Open Floorplan
  • Ceiling Fan
  • Recessed Lighting
  • Electric Fireplace
  • Replacement Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Gas Oven or Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Upgraded Countertops

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • Bathtub with Shower
  • Walk-in Shower

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry
  • Laundry in Basement

Outdoor Features

  • Patio

Schools

  • Olivet Elementary School
  • Pittsgrove Twp. Middle School
  • Arthur P. Schalick High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas
  • Well
  • Natural Gas Water Heater
  • Water Conditioner is Owned
  • On Site Septic
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Hollywoods Subdivision

Listing and Financial Details

  • Tax Lot 00061
  • Assessor Parcel Number 11-01601-00061

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,156

Year Built

Built in 1979 | Remodeled in 2022

Lot Details

0.46 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • Exclusions: shed, washer, dryer, outdoor playset
  • Inclusions: refrigerator, gas stove, dishwasher, microwave, small beverage refrigerator
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1979
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Water Conditioner - Owned, Water Heater
  • Flooring Type: Luxury Vinyl Plank, Ceramic Tile, Laminate Plank, Carpet
  • Interior Amenities: Bathroom - Walk-In Shower, Bathroom - Tub Shower, Carpet, Ceiling Fan(s), Combination Kitchen/Dining, Floor Plan - Open, Recessed Lighting, Upgraded Countertops
  • Window Features: Replacement
  • Fireplace Features: Electric
  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Block
  • Levels Count: 2
  • Room List: Living Room, Kitchen
  • Basement: Yes
  • Basement Type: Full, Interior Access, Outside Entrance, Unfinished
  • Laundry Type: Hookup, Basement
  • Total Sq Ft: 2346
  • Living Area Sq Ft: 2346
  • Price Per Sq Ft: 174.77
  • Above Grade Finished Sq Ft: 2346
  • Above Grade Finished Area Units: Square Feet

Beds/Baths

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

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Aluminum Siding
  • Road Surface Type: Paved
  • Roof: Asphalt, Architectural Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 2.00
  • Garage: Yes
  • Parking Features: Paved Driveway
  • Garage Features: Garage - Front Entry, Garage Door Opener, Inside Access
  • Attached Garage Spaces: 2
  • Total Garage And Parking Spaces: 6
  • Type Of Parking: Attached Garage, Driveway
  • Number of Spaces in Driveway: 4

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Ceiling Fan(s), Central A/C, Zoned
  • Electric Service: Circuit Breakers
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: On Site Septic
  • Utilities: Cable Tv Available, Electric Available, Natural Gas Available, Phone Available
  • Water Source: Well

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: OLIVET E.S.
  • High School: ARTHUR P. SCHALICK H.S.
  • Middle Or Junior School: PITTSGROVE TWP. M.S.

Lot Info

  • Lot Size Acres: 0.46
  • Lot Dimensions: 0.00 x 0.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 20038.00
  • Outdoor Living Structures: Patio(s)
  • Property Condition: Excellent
  • Zoning: RESI

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9156.00
  • Assessor Parcel Number: 11-01601-00061
  • Tax Lot: 00061
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2025
Closed on
May 9, 2025
Sold by
Martorana Jared C and Martorana Danielle C
Bought by
Fiore Phillip and Fiore Janice
Seller's Agent
Neal Evans
The Roarke Agency
Buyer's Agent
Jackie Capoferri
S. Kelly Real Estate LLC
List Price
$410,000
Sold Price
$415,000
Premium/Discount to List
$5,000
1.22%
Views
94
Current Estimated Value
$446,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,229
Avg. Annual Appreciation
8.49%

Purchase Details

Closed on
Jan 25, 2023
Sold by
House Change Llc
Bought by
Martorana Danielle C and Martorana Jared C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,160
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2022
Sold by
Salem County
Bought by
Shropshire Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 25, 1987
Bought by
Zane Patricia G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fiore Phillip $415,000 Surety Title
Fiore Phillip $415,000 Surety Title
Martorana Danielle C $328,000 West Jersey Title
Martorana Danielle C $328,000 West Jersey Title
Shropshire Nicole $137,000 West Jersey Title
Zane Patricia G $89,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martorana Danielle C $318,160
Previous Owner Shropshire Nicole $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2025 05/30/25 Sold $415,000 +1.2% $177 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $410,000 -- $175 / Sq Ft
Source: Bright MLS

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 $9,157 $214,300 $64,700 $149,600
2024 $8,718 $214,300 $64,700 $149,600
2023 $8,718 $214,300 $64,700 $149,600
2022 $8,604 $214,300 $64,700 $149,600
2021 $8,363 $214,300 $64,700 $149,600
2020 $8,135 $214,300 $64,700 $149,600
2019 $7,998 $214,300 $64,700 $149,600
2018 $7,820 $214,300 $64,700 $149,600
2017 $7,270 $214,300 $64,700 $149,600
2016 $6,895 $214,300 $64,700 $149,600
2015 $6,558 $214,300 $64,700 $149,600
2014 $6,275 $214,300 $64,700 $149,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJSA2014330

Bright MLS

APN: 11-01601-0000-00061

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