See Home Value
$528,873*
Land - Off Market

24 N Jerome Ave

Margate, NJ 08402
bedrooms
Studio
bathrooms
0 Bath
$360,000 - $438,000
Reference Base Price*
32.55%
Since Dec 1, 2020
National-US
Primary Model
Sold Oct 12, 2021
$880,000
$548,250 by Quicken Loans Llc
Mortgage Due Aug 01, 2051
Sold Jan 11, 2021
$350,000
$600,000 by Parke Bank
Mortgage

About This Property

FIRST BLOCK NORTH LAND FOR SALE!! BEING SOLD WITH PLANS!! Don't miss your chance to build your dream home just TWO BLOCKS TO THE BEACH!! Lot is cleared and ready for build! CALL TODAY!
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$4,496
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Oct 12, 2021 Sold to Barry Berkowitz, Randi Patr... $880,000
Sold to Barry Berkowitz, Randi Patr...
Jan 11, 2021 Sold $350,000
Sold
Nov 7, 2020 No longer available -
No longer available
Oct 7, 2020 Listed $399,000
Listed
Aug 18, 2020 No longer available -
No longer available
Show More

Property Highlights

Building Info

Overview

    General

  • Bedroom Count: 0
  • Construction Type: Frame
  • Building Style: Colonial
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,751
  • Lot Size Depth Feet: 750
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.086
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : BERKOWITZ RANDI PATRICIA
  • Current Owner 2: BERKOWITZ BARRY
  • Previous Owner : CHAPMAN REAL ESTATE HOLDINGS LLC
  • Owner Before Previous Owner: NATIONWIDE FINANCE CREDIT LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Margate City School District
  • Census Tract: 013101

Zoning

  • Zoning: C-1

Geography

  • Assessors Map Reference: TAX MAP 7
  • District: 16
  • Parcel: 16 00212- 02-00005- 02
  • Block: 212.02
  • Lot: 5.02
  • Municipality: MARGATE CITY
  • Latitude: 39.3289
  • Longitude: -74.5045

    Address

  • Full Address: 24 N Jerome Ave
  • Address - House Number: 24
  • Street Direction: N
  • Address - Street Name: Jerome
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Margate City
  • Carrier Code: C091
  • 4-Digit Zip Code: 1516
  • Zip Code: 08402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,559

    Appraisal Valuation

  • Standard Deviation: 0.2442
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 65
  • Final Value: 1,460,146
  • High Value: 1,816,753
  • Low Value: 1,103,540

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $548,250
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Oct 12, 2021
  • First Open Lien Mortgage Loan Amount: $548,250
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2051

    Market Valuation

  • Market Total Value: $795,900
  • Market Land Value: $291,600
  • Market Improvement Value: $504,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $795,900
  • Assessed Land Value: $291,600
  • Assessed Improvements Value: $504,300

    Sales

  • Current Sale Contract Date: Jul 22, 2021
  • Current Sale Recording Date: Oct 12, 2021
  • Current Sale Transaction ID: 11866225763
  • Current Sale Price: $880,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021059696
  • Previous Sale Recording Date: Jan 11, 2021
  • Previous Sale Contract Date: Dec 11, 2020
  • Previous Sale Amount: $350,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: Oct 12, 2021
  • First Mortgage Loan Amount: $548,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PARKE BANK
  • Previous Mortgage Transaction Date: Jan 11, 2021
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
2 Baths
-
$405,900 Sep 13, 2022
-
-
Condo
1 Bed
1 Bath
621 ft²
$684/ft²
$425,000 Oct 13, 2022
-
$261/mo
Condo
2 Beds
1 Bath
-
$439,000 Feb 2, 2023
-
$293/mo
Condo
2 Beds
1.5 Baths
-
$449,999 Feb 11, 2023
-
$283/mo
Condo
2 Beds
1.5 Baths
-
$324,900 Mar 4, 2023
-
$232/mo

About Margate City


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Frequently Asked Questions

When was property at 24 North Jerome Avenue built and last sold?
The property at 24 North Jerome Avenue was built in and last sold on Jul 22, 2021 for $880,000.
How much is this home worth?
The estimated value of the home located at 24 North Jerome Avenue is $402,990.
What are some comparable homes to 24 North Jerome Avenue?
There are currently no comparable homes to 24 North Jerome Avenue.

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