NOT LISTED FOR SALE

8602 Amherst Ave Margate City, NJ 08402

Estimated Value: $1,696,000 - $2,844,000

-- Bed
-- Bath
1,372 Sq Ft
$1,628/Sq Ft Est. Value

About This Home

This home is located at 8602 Amherst Ave, Margate City, NJ 08402 and is currently estimated at $2,234,188, approximately $1,628 per square foot. 8602 Amherst 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.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2023
Sold by
Mondevergine Michael A and Mondevergine Lisa L
Bought by
Mondevergine Family Trust and Mondevergine
Current Estimated Value
$2,234,188

Purchase Details

Closed on
Apr 17, 2023
Sold by
8602 Amherst Ave Llc
Bought by
Mondevergine Michael A and Mondevergine Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2021
Sold by
Gamburg Robert M
Bought by
8602 Amherst Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.11%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 24, 2005
Sold by
Baughman Christopher M and Gamburg Robert
Bought by
Gamburg Robert M

Purchase Details

Closed on
Apr 29, 2002
Sold by
Hoffman Daniel D and Hoffman Daniel B
Bought by
Baughman Christopher M and Gamburg Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Interest Rate
7.15%

Purchase Details

Closed on
Mar 22, 2001
Sold by
Hoffman Ephraim and Hoffman Daniel B
Bought by
Hoffman Daniel B
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.

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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.

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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.

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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.

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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
Mondevergine Family Trust -- None Listed On Document
Mondevergine Michael A $1,750,000 None Listed On Document
8602 Amherst Ave Llc $517,000 None Listed On Document
Gamburg Robert M -- --
Baughman Christopher M $205,000 --
Hoffman Daniel B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mondevergine Michael A $850,000
Previous Owner 8602 Amherst Ave Llc $800,000
Previous Owner Baughman Christopher M $194,750
Source: Public Records

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 $19,874 $1,177,500 $224,800 $952,700
2024 $19,874 $1,163,600 $224,800 $938,800
2023 $3,547 $374,800 $224,800 $150,000
2022 $3,547 $224,800 $224,800 $0
2021 $4,844 $311,300 $224,800 $86,500
2020 $4,819 $311,300 $224,800 $86,500
2019 $4,800 $311,300 $224,800 $86,500
2018 $4,866 $311,300 $224,800 $86,500
2017 $4,872 $311,300 $224,800 $86,500
2016 $4,707 $311,300 $224,800 $86,500
2015 $4,632 $311,300 $224,800 $86,500
2014 $4,545 $311,300 $224,800 $86,500
Source: Public Records

Map

New Jersey Atlantic County Margate City 08402

8602 Amherst Ave, Margate City, NJ

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