See Home Value
$738,500
House - Off Market

2 ESSEX CT

MARGATE CITY, NJ 08402
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3000 Sqft
$982,346
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

New Price Reduction. One of the coolest homes on the island. Unique and inspired by Vermont Architecture. You will love the sprawling living space with room for a family to entertain and grow. Take a look a the photos to see the fantastic layout that is bathed in warmth and natural light. Gourmet Kitchen and dining area. Tour the master suite along with 3 more bedrooms and a second bath on the upper floor. A huge family room or den plus a 5th bedroom or office on the lower level. Plenty of inside and outside living space. A private tranquil patio off the kitchen and a second large yard with an in ground pool through sliding glass doors from the den. Outside shower with room for a Jacuzzi. Large garage. Parking for multiple families. This home has many possibilities with more room to expand. Enjoy the very low utilities with the newer solar panels. Multi zoned heat and air and two hot water heaters just in case. Newer A C and more.
Unit Size
3,000Ft²
Days on Market
133 days
Land Size
0.12 acres
Price per sqft
$263
Property Type
House
Property Taxes
$644
HOA Dues
-
Year Built
1958
Last updated: 7 months ago (Bright MLS #NJAC115588)

Price History

Date / Event Date Event Price
Nov 2, 2023 Sold to David M Fox, Jamie Ostrow $1,000,000
Sold to David M Fox, Jamie Ostrow
Oct 5, 2023 No longer available -
No longer available
Sep 26, 2023 Listed by Coldwell Banker Argus Real Estate $1,049,000
Listed by Coldwell Banker Argus Real Estate
May 18, 2021 Sold to Brian Librach, Melissa Librach $738,500
Sold to Brian Librach, Melissa Librach
Mar 29, 2021 Sold $738,500
Sold
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,380
  • Lot Size Depth Feet: 673
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,707
  • Building Area: 2,707
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,707
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FOX DAVID M
  • Current Owner 2: OSTROW JAMIE
  • Previous Owner : LIBRACH BRIAN
  • Previous Owner 2: LIBRACH MELISSA
  • Owner Before Previous Owner: SMITH RANDY
  • Owner Before Previous Owner 2: LEVY SMITH IRIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: S-40

Geography

  • Assessors Map Reference: TAX MAP 16
  • District: 16
  • Parcel: 16 00705- 01-00002
  • Block: 705.01
  • Lot: 2
  • Municipality: MARGATE CITY
  • Latitude: 39.3383
  • Longitude: -74.5043

    Address

  • Full Address: 2 Essex Ct
  • Address - House Number: 2
  • Address - Street Name: Essex
  • Address - Suffix Type: Ct
  • State: NJ
  • City Name: Margate City
  • Carrier Code: C086
  • 4-Digit Zip Code: 1812
  • Zip Code: 08402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,877

    Appraisal Valuation

  • Standard Deviation: 0.2702
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 61
  • Final Value: 1,150,140
  • High Value: 1,461,010
  • Low Value: 839,270

    Market Valuation

  • Market Total Value: $499,200
  • Market Land Value: $252,500
  • Market Improvement Value: $246,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $499,200
  • Assessed Land Value: $252,500
  • Assessed Improvements Value: $246,700

    Sales

  • Current Sale Contract Date: Oct 14, 2023
  • Current Sale Recording Date: Nov 02, 2023
  • Current Sale Transaction ID: 11916058320
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 46682
  • Previous Sale Recording Date: May 18, 2021
  • Previous Sale Contract Date: Mar 24, 2021
  • Previous Sale Amount: $738,500
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: SUCCESS MORTGAGE PARTNERS INC
  • Previous Mortgage Transaction Date: May 18, 2021
  • Previous Mortgage Loan Amount: $548,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
3 Baths
2,036 ft²
$432/ft²
$880,000 Jul 27, 2022
$880,000 Oct 13, 2022
-
House
4 Beds
4 Baths
2,600 ft²
$269/ft²
$699,000 May 19, 2021
$699,000 Aug 2, 2021
-
House
4 Beds
2 Baths
1,672 ft²
$437/ft²
$730,000 Mar 13, 2023
$730,000 Jun 13, 2023
-
House
3 Beds
3 Baths
2,399 ft²
$279/ft²
$670,000 Aug 28, 2020
$670,000 Oct 30, 2020
$600/mo
House
4 Beds
2 Baths
1,970 ft²
$401/ft²
$789,900 Aug 30, 2023
-
$507/mo
House
4 Beds
2.5 Baths
-
$925,000 Aug 31, 2023
-
$465/mo
House
2 Beds
1 Bath
1,032 ft²
$775/ft²
$799,900 Aug 7, 2023
-
-
House
3 Beds
2.5 Baths
-
$699,000 Sep 1, 2023
-
$488/mo
Land
Loft
-
-
$675,000 Sep 18, 2023
-
$265/mo

About Margate City


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Frequently Asked Questions

When was property at 2 Essex Court built and last sold?
The property at 2 Essex Court was built in 1958 and last sold on Oct 14, 2023 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 2 Essex Court is $1,059,490.
What are some comparable homes to 2 Essex Court?
There are currently no comparable homes to 2 Essex Court.

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