See Home Value
$600,649*
House - Off Market

7 E Gilmar Cir

Margate, NJ 08402
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1322 Sqft
$383,000 - $467,000
Reference Base Price*
41.33%
Since Jun 1, 2020
National-US
Primary Model
Sold Aug 20, 2020
$399,000
$359,100 by Firstrust Bank
Mortgage Due Jul 01, 2050
Sold May 15, 2007
$400,000
$320,000 by M & T Bank
Mortgage Due Apr 01, 2037

About This Property

Move in ready and so adorable!  This three bedroom, one and a half bath rancher sits on a quiet circle.  An over-sized lot allows for a large back yard with room for the play-set, outdoor entertainment and of course a fenced in yard for your beloved pets! A lovely large front porch has an awning which provides an additional room to this home. The home has been updated with vinyl wood like flooring and newer kitchen and baths. The dining area and kitchen are light and bright, and flow into a spacious laundry room with access to the yard, complete with a large shed. The attic is floored throughout so plenty of room for storage.  This is a perfect beach house for summer or year round living.

The manager has listed the unit size as 1322 square feet.
Unit Size
1,322Ft²
Days on Market
-
Land Size
-
Price per sqft
$321
Property Type
House
Property Taxes
$4,917
HOA Dues
-
Year Built
1965

Price History

Date / Event Date Event Price
Aug 20, 2020 Sold to David E Resnick, Freda A Re... $399,000
Sold to David E Resnick, Freda A Re...
May 21, 2020 No longer available -
No longer available
Jan 17, 2020 Listed $425,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,010
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 501
  • Total Building Area: 1,322
  • Building Area: 1,322
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,322
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : RESNICK DAVID E
  • Current Owner 2: RESNICK FREDA A
  • Previous Owner : RAUCH RICHARD J
  • Previous Owner 2: RAUCH ANITA E
  • Owner Before Previous Owner: DELLAROTTA GLORIA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: S-40

Geography

  • Assessors Map Reference: TAX MAP 14
  • District: 16
  • Parcel: 16 00609- 02-00091
  • Block: 609.02
  • Lot: 91
  • Municipality: MARGATE CITY
  • Latitude: 39.3367
  • Longitude: -74.5062

    Address

  • Full Address: 7 E Gilmar Cir
  • Address - House Number: 7
  • Street Direction: E
  • Address - Street Name: Gilmar
  • Address - Suffix Type: Cir
  • State: NJ
  • City Name: Margate City
  • Carrier Code: C086
  • 4-Digit Zip Code: 1675
  • Zip Code: 08402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,032

    Appraisal Valuation

  • Standard Deviation: 0.2772
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 60
  • Final Value: 716,822
  • High Value: 915,561
  • Low Value: 518,082

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $359,100
  • First Open Lien Mortgage Lender: FIRSTRUST BANK
  • First Open Lien Mortgage Recording Date: Aug 20, 2020
  • First Open Lien Mortgage Loan Amount: $359,100
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $318,900
  • Market Land Value: $245,000
  • Market Improvement Value: $73,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,900
  • Assessed Land Value: $245,000
  • Assessed Improvements Value: $73,900

    Sales

  • Current Sale Contract Date: Jun 09, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Transaction ID: 11785279426
  • Current Sale Price: $399,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020042228
  • Previous Sale Recording Date: May 15, 2007
  • Previous Sale Contract Date: Mar 26, 2007
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRSTRUST BANK
  • First Mortgage Transaction Date: Aug 20, 2020
  • First Mortgage Loan Amount: $359,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: M & T BANK
  • Previous Mortgage Transaction Date: May 15, 2007
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2037



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
4 Baths
1,600 ft²
$250/ft²
$400,000 Dec 15, 2022
-
$358/mo
Condo
2 Beds
2 Baths
1,344 ft²
$294/ft²
$395,000 Feb 6, 2023
-
$573/mo
House
2 Beds
2 Baths
2,688 ft²
$147/ft²
$395,000 Feb 21, 2023
-
$573/mo
Townhouse
3 Beds
3 Baths
-
$350,000 Oct 12, 2022
-
-
Condo
2 Beds
2 Baths
-
$479,000 Jan 25, 2023
-
$1/mo
Condo
2 Beds
2 Baths
-
$489,000 Jan 25, 2023
-
$1/mo

About Margate City


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Frequently Asked Questions

When was property at 7 East Gilmar Circle built and last sold?
The property at 7 East Gilmar Circle was built in 1965 and last sold on Jun 9, 2020 for $399,000.
How much is this home worth?
The estimated value of the home located at 7 East Gilmar Circle is $470,210.
What are some comparable homes to 7 East Gilmar Circle?
There are currently no comparable homes to 7 East Gilmar Circle.

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