8701 Atlantic Ave Margate City, NJ 08402
Estimated Value: $2,012,000 - $2,937,000
--
Bed
--
Bath
2,482
Sq Ft
$957/Sq Ft
Est. Value
About This Home
This home is located at 8701 Atlantic Ave, Margate City, NJ 08402 and is currently estimated at $2,374,843, approximately $956 per square foot. 8701 Atlantic 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
May 27, 2009
Sold by
Mcknight Edwin and Mcknight Joanne
Bought by
Mcknight Edwin and Mcknight Jo Ann
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Outstanding Balance
$591,199
Interest Rate
4.72%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$1,783,644
Purchase Details
Closed on
Jun 28, 1993
Sold by
Elbaum David M and Elbaum Seena
Bought by
Mcknight Edwin and Mcknight Joanne
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Mcknight Edwin | -- | None Available | |
| Mcknight Edwin | $375,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mcknight Edwin | $938,250 |
Source: Public Records
Tax History Compared to Growth
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 | $14,948 | $875,200 | $713,600 | $161,600 |
| 2024 | $14,948 | $875,200 | $713,600 | $161,600 |
| 2023 | $13,811 | $875,200 | $713,600 | $161,600 |
| 2022 | $13,811 | $875,200 | $713,600 | $161,600 |
| 2021 | $13,618 | $875,200 | $713,600 | $161,600 |
| 2020 | $13,548 | $875,200 | $713,600 | $161,600 |
| 2019 | $13,496 | $875,200 | $713,600 | $161,600 |
| 2018 | $13,679 | $875,200 | $713,600 | $161,600 |
| 2017 | $13,697 | $875,200 | $713,600 | $161,600 |
| 2016 | $13,233 | $875,200 | $713,600 | $161,600 |
| 2015 | $13,023 | $875,200 | $713,600 | $161,600 |
| 2014 | $12,778 | $875,200 | $713,600 | $161,600 |
Source: Public Records
Map
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