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Sold for $435,000
  • $435,000

    16 N Monroe Ave #A8, Margate, NJ 08402

    1beds
    872sqft
    Condominium
    Built in 1988
    -- sqft lot
    $457,000 Zestimate®
    $499/sqft
    $1,573 Estimated rent

    Home value

    $457,000

    $407,000 - $516,000

    $1,573/mo

    Zestimate® history
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    What's special

    Electric stove-ovenDining areaNeutral decorSs sink
    Great opportunity as this is the first time one of the 8 Condo’s at the Monroe Mews is available for sale in 2.5+ years. Situated between Ventnor & Winchester Ave. in the South end of Margate close to a myriad of commercial activity with restaurants and stores, this beautiful and well maintained end unit furthest from Monroe Ave., 872 sq.ft.1st floor, one Bedroom, one full bath with a fantastic porch/deck is ready for its new occupant. Neutral decor with an open living room, dining area and kitchen (refrigerator/freezer, electric stove-oven, microwave, SS Sink w/ neutral cabinets. The Master Bedroom easily accommodates a King bed. The full bath has a tub/shower with access directly from the BR and hallway. Stacked W/D in unit. Custom blinds in windows and patio doors for deck. LG ground level storage room. 2 Deeded parking spaces outside and small additional bay ground level under bldg. (golf cart, motorcycle etc). New HVAC, HW Heater & low Condo fees at $300/mo make this an opportunity worth “knocking”.

    Zillow last checked:

    Listing updated:

    Listed by:

    MITCHELL ZITOMER,

    OCF REALTY, LLC

    Bought with:

    MITCHELL ZITOMER, 2220204

    Source: SJSRMLS,MLS#: 598382MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Dining Area
    Heating
    • Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air, Multi-Zoned
    Appliances
    • Included: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
    Features
    • Master Bath
    • Flooring: Wall to Wall Carpet
    • Windows: Blinds
    • Has fireplace: No
    Interior area
    • Total structure area: 872
    • Total interior livable area: 872 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: None
    Features
    • Levels: One
    • Stories: 2
    Details
    • Additional structures: Storage Facility
    • Parcel number: 316

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Vinyl
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Storage Facility
    • Subdivision: Monroe Mews
    HOA
    • Amenities included: Storage Facility
    • Services included: Insurance, Maintenance, Sewer, Taxes, Water
    Location
    • Region: Margate

    Financial & listing details

    • Price per square foot: $499/sqft
    • Tax assessed value: $242,400
    • Annual tax amount: $4,140
    • Date on market: 7/18/2025
    • Date available: 07/18/2025
    • Inclusions: Blinds

    Price history

    DateEventPrice
    11/24/2025Sold$435,000-10.3%$499/sqft
    Source: SJSRMLS #598382 Report a problem
    8/28/2025Price change$485,000-8.5%$556/sqft
    Source: SJSRMLS #598382 Report a problem
    7/18/2025Listed for sale$529,900+457.8%$608/sqft
    Source: SJSRMLS #598382 Report a problem
    11/9/1990Sold$95,000$109/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,140 $242,400
    2024$4,140 +3.5%$242,400
    2023$4,000 +6%$242,400
    2022$3,772 +0.5%$242,400
    2021$3,752 +0.4%$242,400
    2020$3,738 +31.6%$242,400
    2019$2,840 $242,400
    2018$2,840 -25.1%$242,400
    2017$3,793 +5.1%$242,400
    2016$3,607 +1.9%$242,400
    2015$3,539 -0.3%$242,400
    2014$3,549 +9.7%$242,400
    2012$3,234 +4.4%$242,400
    2011$3,098 +2.5%$242,400
    2010$3,023 +3.1%$242,400
    2009$2,933 +2.5%$242,400
    2008$2,860 -2%$242,400
    2007$2,919 $242,400
    2006-- $242,400 +146.1%
    2005-- $98,500
    2004-- $98,500
    2003-- $98,500
    2002-- $98,500
    2001-- $98,500
    Find assessor info on the county website

    Neighborhood: 08402

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $457,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $457,000