NOT LISTED FOR SALE

8806 Atlantic Ave Margate City, NJ 08402

Estimated Value: $2,412,000 - $3,370,000

6 Beds
3.5 Baths
-- Sq Ft
4,008 Sq Ft Lot

Last Sold January 31, 2018

Last sale price $1,160,000

Est. 162% increase in value since last sale

Current estimated payment $17,889/month

44 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Colonial Architecture
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • Corner Lot

About This Home

As of January 2018

Prestigious Parkway 3 Story Beachblock Colonial sits on a corner lot steps to the beautiful beach in Margate. Walk into the grand foyer of this home with an abundance of natural light from each room. Spacious Living room with fireplace, Spacious Dining room for family gatherings. A lovely Breakfast room off the Kitchen and Dining room. There is a warm and inviting den off the living room for relaxing with your favorite book. The 2nd floor boasts 4 Bedrooms and 2 full baths with plenty of closets. Master bedroom has a full bath. There is a large deck off 2 of the bedrooms where you can relax and enjoy the beautiful ocean views. The 3rd floor has 2 additional bedrooms and a full bath. This home has a full basement with laundry room and plenty of storage. The exterior of this home has gorgeous stone work and a slate roof with a large porch surrounded by beautiful landscaping. *State of the Art high efficiency all new gas heating system fully installed in August 2017.*

Last Agent to Sell the Property

KAREN NEHMAD

PLATINUM REAL ESTATE Listed on: 09/13/2017

PLATINUM REAL ESTATE

Last Buyer's Agent

Scott Stetzer

LONG and FOSTER REAL ESTATE INC-Longport

LONG and FOSTER REAL ESTATE INC-Longport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,903

Lot Details

  • Lot Dimensions are 50x80.05
  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Sprinkler System

Home Design

  • Colonial Architecture
  • Stone Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Storage
  • Basement Fills Entire Space Under The House
  • Storm Screens

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Cedar Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Outdoor Features

  • Deck
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,903

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Age: 25+ Years
  • Also Includes: Blinds, Curtains
  • Lvt Date: 09/13/2017
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
  • Fireplace: Built-In, Living Room
  • Flooring: Hardwood, Tile, W/W Carpet
  • Interior Amenities: Cedar Closet, Storage
  • Bedrooms: 6
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Upper
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: Full
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Room, Laundry/Utility Room, Pantry

Exterior Features

  • Outside Features: Deck, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Stone
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Attached Garage, Auto Door Opener
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Location: Beach Block, Corner
  • Lot Dimensions: 50X80.05
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2017
Closed on
Jan 31, 2018
Sold by
Nehmad Leon and Nehmad Pearl
Bought by
Cohn Stephen L and Cohn Ivy L
Seller's Agent
KAREN NEHMAD
PLATINUM REAL ESTATE
Buyer's Agent
Scott Stetzer
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$1,160,000
Sold Price
$1,160,000
Current Estimated Value
$3,033,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,873,622
Avg. Annual Appreciation
13.32%
Original Mortgage
$928,000
Outstanding Balance
$785,932
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$2,247,690

Purchase Details

Closed on
Jan 17, 1998
Sold by
Nehmad Leon
Bought by
Nehmad Pearl
Source: Public Records

Range of Values:

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Average Value
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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
Cohn Stephen L $1,160,000 Infinity Title Agency
Nehmad Pearl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cohn Stephen L $928,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2018 01/31/18 Sold $1,160,000 0.0% --
10/27/2017 10/27/17 Pending -- -- --
09/13/2017 09/13/17 For Sale $1,160,000 -- --
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 $20,903 $1,223,800 $863,300 $360,500
2024 $20,903 $1,223,800 $863,300 $360,500
2023 $19,312 $1,223,800 $863,300 $360,500
2022 $19,312 $1,223,800 $863,300 $360,500
2021 $19,042 $1,223,800 $863,300 $360,500
2020 $18,944 $1,223,800 $863,300 $360,500
2019 $18,370 $1,191,300 $863,300 $328,000
2018 $18,620 $1,191,300 $863,300 $328,000
2017 $18,644 $1,191,300 $863,300 $328,000
2016 $18,012 $1,191,300 $863,300 $328,000
2015 $17,727 $1,191,300 $863,300 $328,000
2014 $17,393 $1,191,300 $863,300 $328,000
Source: Public Records

Agents Affiliated with this Home

  • KAREN NEHMAD

    Seller's Agent in 2018

    KAREN NEHMAD

    PLATINUM REAL ESTATE

    (609) 513-6532

    1 in this area

    7 Total Sales

    KAREN NEHMAD
    Section Image
  • Scott Stetzer

    Buyer's Agent in 2018

    Scott Stetzer

    LONG and FOSTER REAL ESTATE INC-Longport

    (609) 432-0917

    13 Total Sales

    Scott Stetzer
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 493985

South Jersey Shore Regional MLS

APN: 16-00019-0000-00001

New Jersey Atlantic County Margate City 08402

8806 Atlantic Ave, Margate City, NJ

This home is located at 8806 Atlantic Ave, Margate City, NJ 08402 since 13 September 2017 and is currently estimated at $3,033,622. 8806 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.

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