Sold for $1,450,000

$1,450,000

119 N Madison Ave, Margate, NJ 08402

1beds

--sqft

Ranch

Built in ----

7,031 Square Feet Lot

$1,334,000 Zestimate^®

$--/sqft

$1,659 Estimated rent

Home value

$1,334,000

$1.08M - $1.67M

$1,659/mo

Zestimate^® history

Owner options

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$1,659/mo

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$1,659/mo

Rent Zestimate^®

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$10,232/mo

Est. payment

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$10,232/mo

Est. payment

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What's special

Oversized lot

Being sold "as-is" for land value. This oversized lot is located in the heart of the Marina District and zoned MF. This amazing location is walkable to all of Margate's best restaurants and retail along Amherst and Ventnor Avenues! You can build a large single family home or up to 3 units by right. Final home(s) can be designed with great bay views.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1
Full bathrooms: 1

Heating

Baseboard

Features

Basement: Crawl Space
Has fireplace: No

Property

Parking

Total spaces: 3
Parking features: Parking Pad, Detached Garage
Has garage: Yes

Lot

Size: 7,031 Square Feet
Dimensions: 56.25' x 125'

Details

Parcel number: 329

Construction

Type & style

Home type: SingleFamily
Architectural style: Ranch
Property subtype: Ranch

Materials

Vinyl

Condition

New construction: No

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Margate

Financial & listing details

Tax assessed value: $324,800
Annual tax amount: $3,031
Date on market: 1/3/2024
Date available: 01/03/2024

Price history

Date	Event	Price
4/8/2024	Sold	$1,450,000-3.3%
Source: SJSRMLS #580916 Report a problem
1/6/2024	Pending sale	$1,500,000
Source: SJSRMLS #580916 Report a problem
1/3/2024	Listed for sale	$1,500,000-6.3%
Source: SJSRMLS #580916 Report a problem
12/11/2023	Listing removed	--
Source: Owner Report a problem
10/2/2023	Listed for sale	$1,600,000
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,548 -11.1%	$324,800 -11.1%
2024	$6,243 +8%	$365,500
2023	$5,781 +6.3%	$365,500
2022	$5,437 +0.5%	$365,500
2021	$5,408 +0.4%	$365,500
2020	$5,386 +38.4%	$365,500
2019	$3,891	$365,500
2018	$3,891 -23%	$365,500
2017	$5,055 -2.6%	$365,500
2016	$5,189 +2%	$365,500
2015	$5,086 -0.3%	$365,500
2014	$5,101 +7%	$365,500
2013	$4,768 +3.1%	$365,500
2012	$4,626 +4.6%	$365,500
2011	$4,421 +2.6%	$365,500
2010	$4,308 -2.6%	$365,500
2009	$4,423 +2.5%	$365,500
2008	$4,313 -2%	$365,500
2007	$4,401	$365,500
2006	--	$365,500 +200.8%
2005	--	$121,500
2004	--	$121,500
2003	--	$121,500
2002	--	$121,500
2001	--	$121,500