NOT LISTED FOR SALE

9220 Amherst Ave Margate City, NJ 08402

Estimated Value: $1,034,614

2 Beds
1 Bath
-- Sq Ft
5,489 Sq Ft Lot

Highlights

  • Water Views
  • Deck
  • Central Air
  • William H. Ross III Intermediate School Rated A-
  • Corner Lot
  • Carpet

About This Home

As of December 2022

2nd floor yearly rental across the street from Bay/Restaurants/Marinas.

Last Agent to Rent the Property

Thomas Burke III

Soleil Sotheby's International Realty - A Listed on: 10/21/2022

Soleil Sotheby's International Realty - A

Last Renter's Agent

Thomas Burke III

Soleil Sotheby's International Realty - A Listed on: 10/21/2022

Soleil Sotheby's International Realty - A

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1953

Lot Details

  • 5,489

Parking

  • 1 Parking Space

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Carpet
  • Water Views
  • Crawl Space
  • Storm Screens
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Deck
  • Corner Lot

Community Details

  • No Pets Allowed

Property Details

Home Type

Apartment

Year Built

Built in 1953

Lot Details

0

Rental Info

  • Pets Allowed: No Pets Allowed
  • Lease Duration Options: Yearly
  • Lease Duration: Yearly
  • Annual Price per Month: 2300

Listing Details

  • Class: Rental Non-Commercial
  • Type: Apartment (Rental)
  • Style: 2 Story
  • Age: 25+ Years
  • Year Built: 1953
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Appliances: Gas Stove
  • Flooring: W/W Carpet
  • Bedrooms: 2
  • Full Bathrooms: 1
  • Basement: Crawl Space

Exterior Features

  • Outside Features: Deck, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Corner, Water View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 3, 2025
Sold by
Nicholas David
Bought by
Tmt Associates Llc
Current Estimated Value
$1,034,614

Purchase Details

Closed on
Jun 22, 2000
Sold by
Timwill Ii Llc
Bought by
Nicholas David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
8.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 22, 1999
Sold by
Timwillil Inc
Bought by
Timwillil Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.78%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 1998
Sold by
Longport Developers Inc
Bought by
Timwillil Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
7.03%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Tmt Associates Llc -- None Listed On Document
Nicholas David $310,000 The Title Company
Timwillil Llc -- Commonwealth Land Title Ins
Timwillil Inc $170,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nicholas David $248,000
Previous Owner Timwillil Llc $230,000
Previous Owner Timwillil Inc $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2022 12/01/22 Rented -- -- --
10/21/2022 10/21/22 For Rent $2,300 +27.8% --
06/01/2020 06/01/20 Rented -- -- --
04/29/2020 04/29/20 For Rent $1,800 -- --
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 $7,577 $443,600 $299,000 $144,600
2024 $7,577 $443,600 $299,000 $144,600
2023 $7,000 $443,600 $299,000 $144,600
2022 $7,000 $443,600 $299,000 $144,600
2021 $6,902 $443,600 $299,000 $144,600
2020 $6,867 $443,600 $299,000 $144,600
2019 $6,840 $443,600 $299,000 $144,600
2018 $6,933 $443,600 $299,000 $144,600
2017 $6,942 $443,600 $299,000 $144,600
2016 $6,707 $443,600 $299,000 $144,600
2015 $6,601 $443,600 $299,000 $144,600
2014 $6,477 $443,600 $299,000 $144,600
Source: Public Records

Agents Affiliated with this Home

  • Thomas Burke III

    Landlord's Agent in 2022

    Thomas Burke III

    Solei SIR Margate

    (609) 432-9619

    1 in this area

    24 Total Sales

    Thomas Burke III
    Section Image
  • Catherine Burke

    Seller's Agent in 2020

    Catherine Burke

    Solei SIR Margate

    (609) 377-9582

    2 in this area

    8 Total Sales

    Catherine Burke
    Section Image
  • Edward Foresta

    Buyer's Agent in 2020

    Edward Foresta

    MARKETPLACE REALTY

    (267) 307-1839

    3 in this area

    23 Total Sales

    Edward Foresta
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 568332

South Jersey Shore Regional MLS

APN: 16-00426-0000-00007

New Jersey Atlantic County Margate City 08402

9220 Amherst Ave, Margate City, NJ

Not Listed for Sale

MultiFamily

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