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121 North Hanover Avenue

121 North Hanover Avenue, Margate City, NJ 08402
Property in Margate City
Sold Aug 22, 2013
$765,000
Sold Jul 11, 2012
$335,000
$251,250 by Trident Mortgage Company Lp
Mortgage Due Jul 01, 2042
121 North Hanover Avenue has been categorized by the local assessors in Margate City, NJ as a residential type of property. The building on the property was first built in 2013 and is 11 years old. The building has a total of 3 stories. In addition, 121 North Hanover Avenue has 3,220 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 675 ft and across the front of the lot is 460 ft. The area measurement of the land has been determined as 3,106 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. According to our sources, there is one available parking space. The property was last sold in Jul 12, 2013 for $765,000. That's $237.58 per sqft. Prior to that sales transaction, the property was also sold in Jun 26, 2012 for $335,000. 121 North Hanover Avenue was last assessed in 2023. The total value of the property was assessed at $669,600. Specifically, the land the property is located on was valued at $242,700. While improvements on the property were assessed at a total of $426,900. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $10,566. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Bedroom Count: 0
  • Floor Count: 3
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,106
  • Lot Size Depth Feet: 675
  • Lot Size Frontage Feet: 460
  • Total Building Area: 3,220
  • Building Area: 3,220
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,220
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINCHESTER GARDENS
  • Land Acres: 0.071
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : WEINRAUB LESTER G
  • Current Owner 2: WEINRAUB DONNA F
  • Previous Owner : ARBEIT MARK
  • Previous Owner 2: TANNEHILL TERENCE MITCHELL
  • Owner Before Previous Owner: MARTINELLI GREGORY
  • Owner Before Previous Owner 2: COVELLO SEANA P
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Margate City School District
  • Census Tract: 013000

Zoning

  • Zoning: S-25

Geography

  • Assessors Map Reference: TAX MAP 7
  • District: 16
  • Parcel: 16 00310- 01-00002
  • Block: 310.01
  • Lot: 2
  • Municipality: MARGATE CITY
  • Latitude: 39.3314
  • Longitude: -74.5041

    Address

  • Full Address: 121 N Hanover Ave
  • Address - House Number: 121
  • Street Direction: N
  • Address - Street Name: Hanover
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Margate City
  • Carrier Code: C088
  • 4-Digit Zip Code: 1731
  • Zip Code: 08402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,566

    Appraisal Valuation

  • Standard Deviation: 0.2027
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 72
  • Final Value: 1,426,654
  • High Value: 1,715,879
  • Low Value: 1,137,428

    Market Valuation

  • Market Total Value: $669,600
  • Market Land Value: $242,700
  • Market Improvement Value: $426,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $669,600
  • Assessed Land Value: $242,700
  • Assessed Improvements Value: $426,900

    Sales

  • Current Sale Contract Date: Jul 12, 2013
  • Current Sale Recording Date: Aug 22, 2013
  • Current Sale Transaction ID: 1191361700
  • Current Sale Price: $765,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013052843
  • Previous Sale Recording Date: Jul 11, 2012
  • Previous Sale Contract Date: Jun 26, 2012
  • Previous Sale Amount: $335,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLEASANT VALLEY HOME MORTGAGE
  • First Mortgage Transaction Date: Aug 22, 2013
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2028

    Previous Mortgages

  • Previous Mortgage Lender: TRIDENT MORTGAGE COMPANY LP
  • Previous Mortgage Transaction Date: Jul 11, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $251,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2042

About Margate City



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Frequently Asked Questions

What neighborhood is 121 North Hanover Avenue located in?
The 121 North Hanover Avenue is a located in the neighborhood of Margate City in Margate City, Margate City.
What is the average sales price for listings in 121 North Hanover Avenue?
The average sales price for units in 121 North Hanover Avenue is $0 currently.

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