NOT LISTED FOR SALE

8601 Amherst Ave Margate City, NJ 08402

Estimated Value: $1,138,000 - $2,345,000

0.09 Acre
$19,634,389 Price per Acre
3,920 Sq Ft Lot

Last Sold March 15, 2016

Last sale price $275,000 $124 Per Sq Ft

Est. 543% increase in value since last sale

Current estimated payment $10,167/month

293 Days on Market

Highlights

  • Corner Lot
  • William H. Ross III Intermediate School Rated A-
  • 4-minute walk to Jerome Avenue Park

About This Lot

As of March 2016

80'X50' CORNER LOT - Two blocks from Jerome Ave., nr Margate Bridge. Walk to JCC, fine restaurants, tennis courts, ball field. Near marina on Jerome Ave and one on Amherst. Walk or bike 5 blocks to beach. House being sold "AS IS". Renovations begun, but not completed. 2 car garage. 3 bedroom, 2 full baths, plus den, large living room, separate dining and kitchen areas. Spacious rooms with paneled den. Raise up, or raze down. Perfect BUILDING LOT, or design your own improvements. See #446924

Last Agent to Sell the Property

PRISCILLA BEURET

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield License #0231149 Listed on: 04/21/2015

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Last Buyer's Agent

Mark Arbeit

NEW ERA REAL ESTATE-B

NEW ERA REAL ESTATE-B

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,017

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50 x 80
  • Corner Lot
  • Level Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$11,017

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Development Status: Buildable Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities Available: Cable, Electric, Gas, Sewer, Water

Lot Info

  • Location: Corner
  • Lot Dimensions: 50 X 80
  • Number Of Acres: 0.09
  • Improvements: Curb, Paved Road, Sidewalks
  • Number Of Lots: One
  • Topography: Level
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2015
Closed on
Mar 11, 2016
Sold by
Avendano Jeannine
Bought by
Persike Barbara F
Seller's Agent
PRISCILLA BEURET
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$1,767,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,492,095
Avg. Annual Appreciation
21.31%

Purchase Details

Closed on
Aug 9, 2006
Sold by
Avendano Jeannine
Bought by
Avendano Jeanne and Avendano Alberto

Purchase Details

Closed on
Aug 27, 2001
Sold by
Fossell Frank L and Fossell Jean
Bought by
Avendano Jeannine
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
Persike Barbara F $275,000 Lloyads & Handson Title Agen
Avendano Jeanne -- --
Avendano Jeannine -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2016 03/15/16 Sold $275,000 0.0% $124 / Sq Ft View Prior Sale
03/15/2016 03/15/16 Sold $275,000 0.0% $124 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
02/08/2016 02/08/16 Pending -- -- --
04/21/2015 04/21/15 For Sale $275,000 0.0% $124 / Sq Ft
02/06/2015 02/06/15 For Sale $275,000 -- $124 / 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 $11,017 $645,000 $248,400 $396,600
2024 $11,017 $645,000 $248,400 $396,600
2023 $10,178 $645,000 $248,400 $396,600
2022 $10,178 $645,000 $248,400 $396,600
2021 $10,036 $645,000 $248,400 $396,600
2020 $9,985 $645,000 $248,400 $396,600
2019 $9,946 $645,000 $248,400 $396,600
2018 $10,081 $645,000 $248,400 $396,600
2017 $7,941 $507,400 $248,400 $259,000
2016 $5,986 $395,900 $248,400 $147,500
2015 $5,891 $395,900 $248,400 $147,500
2014 $5,780 $395,900 $248,400 $147,500
Source: Public Records

Agents Affiliated with this Home

  • PRISCILLA BEURET

    Seller's Agent in 2016

    PRISCILLA BEURET

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    PRISCILLA BEURET
    Section Image
  • Mark Arbeit

    Buyer's Agent in 2016

    Mark Arbeit

    RE/MAX Platinum Properties

    (609) 402-5885

    21 in this area

    43 Total Sales

    Mark Arbeit
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 446924

South Jersey Shore Regional MLS

APN: 16-00514-0000-00024

New Jersey Atlantic County Margate City 08402

8601 Amherst Ave, Margate City, NJ

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