NOT LISTED FOR SALE

9420 Amherst Ave Margate City, NJ 08402

Estimated Value: $599,000

0.52 Acre
$1,151,923 Price per Acre
22,651 Sq Ft Lot

Last Sold March 29, 2018

Last sale price $365,000

Est. 64% increase in value since last sale

Current estimated payment $3,365/month

137 Days on Market

Highlights

  • Docks
  • Property Fronts a Bay or Harbor
  • Boat Slip
  • William H. Ross III Intermediate School Rated A-

About This Lot

As of March 2018

FULLY APPROVED JET-SKI MARINA!! AN INCREDIBLE OPPORTUNITY IN THE HEART OF THE MARINA DISTRICT!! Extra-large 75x300 lot size ON THE BAY!!! Unbeatable high visibility location near Margate's finest restaurants and nightlife! Call for details today!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 09/15/2017

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 09/15/2017

BHHS FOX and ROACH-Margate

Property Details

Property Type

  • Land

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 75x300
  • Property Fronts a Bay or Harbor
  • Property is zoned Marina

Outdoor Features

  • Boat Slip
  • Docks

Additional Features

  • Water Views
  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 20,001 Sqft To 1 Acre
  • Development Status: Plan Approved
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

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

Lot Info

  • Location: Bay Front, Bulkheaded, Water View
  • Lot Dimensions: 75x300
  • Number Of Acres: 0.52
  • Improvements: Boat Slips, Docks, Sidewalks
  • Zoning: Marina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2017
Closed on
Apr 10, 2018
Sold by
9420 Amherst Llc
Bought by
Day Margaret H
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
List Price
$499,000
Sold Price
$365,000
Premium/Discount to List
-$134,000
-26.85%
Current Estimated Value
$599,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$234,000
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
May 20, 2016
Sold by
Penny Lane Associates Llc
Bought by
9420 Amherst Llc

Purchase Details

Closed on
May 17, 2016
Sold by
Penny Lane Associates Llc
Bought by
9420 Amherst Llc

Purchase Details

Closed on
Apr 15, 2009
Sold by
9420 Amherst Avenue Associates Inc
Bought by
Penny Lane Associates Llc
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
Day Margaret H $365,000 Surety Title Co
9420 Amherst Llc -- None Available
9420 Amherst Llc -- None Available
Penny Lane Associates Llc $75,000 The Title Company Of Jersey
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $365,000 -26.9% --
01/30/2018 01/30/18 Pending -- -- --
09/15/2017 09/15/17 For Sale $499,000 -- --
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 $2,562 $150,000 $150,000 --
2024 $2,562 $150,000 $150,000 $0
2023 $2,367 $150,000 $150,000 $0
2022 $2,367 $150,000 $150,000 $0
2021 $2,334 $150,000 $150,000 $0
2020 $2,322 $150,000 $150,000 $0
2019 $2,313 $150,000 $150,000 $0
2018 $2,345 $150,000 $150,000 $0
2017 $2,348 $150,000 $150,000 $0
2016 $2,268 $150,000 $150,000 $0
2015 $2,232 $150,000 $150,000 $0
2014 $2,190 $150,000 $150,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2018

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    724 Total Sales

    Paula Hartman
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 494134

South Jersey Shore Regional MLS

APN: 16-00528-0000-00004

New Jersey Atlantic County Margate City 08402

9420 Amherst Ave, Margate City, NJ

Not Listed for Sale

Lots

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