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Sold for $877,500
  • $877,500

    7 N Jerome Ave, Margate, NJ 08402

    3beds
    --sqft
    Single Family Residence
    Built in ----
    3,600 Square Feet Lot
    $883,100 Zestimate®
    $--/sqft
    $3,096 Estimated rent

    Home value

    $883,100

    $804,000 - $971,000

    $3,096/mo

    Zestimate® history
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    $3,096/mo

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    $6,204/mo

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    $6,204/mo

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    What's special

    Generous-sized lot
    YES! You can get on the island, under a million bucks, without complaining about chaffing from the walk back from the beach because this 3-bed 2-bath detached home is located ONLY 2 blocks from the beach. This home sits on a GENEROUS-sized lot in the middle of town, making it a quick walk or bike ride to either side of Margate's favorite destinations. Also, a little shared lived experience: you are in the middle of town, so parking isn't a crisis, and neither is the mass of people converging on your area. The home is the epitome of that old Boardwalk Empire-era beach-cottage charm, having survived many summers and made great memories along the way. You have options to put sweat equity into it, jazz it up as you envision, or do what seems common now, and knock it down. Because with this lot size, you have options to build something extraordinary. I am the owner and the listing agent.

    Zillow last checked:

    Listing updated:

    Listed by:

    DAVID RALIC,

    Society

    Bought with:

    TROY ROSENZWEIG, 9702902

    Source: SJSRMLS,MLS#: 606653MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Rooms
    • Room types: Recreation/Family
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Features
    • Flooring: Hardwood, Laminate
    • Basement: Crawl Space
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Exterior features: Outdoor Shower
    Lot
    • Size: 3,600 Square Feet
    • Dimensions: 48 x 75
    Details
    • Parcel number: 01000

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Cape Cod
    • Property subtype: Single Family Residence
    Materials
    • Brick, Vinyl
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Margate

    Financial & listing details

    • Tax assessed value: $319,300
    • Annual tax amount: $5,706
    • Date on market: 2/26/2026
    • Date available: 02/26/2026

    Price history

    DateEventPrice
    6/5/2026Sold$877,500-7.6%
    Source: SJSRMLS #606653 Report a problem
    4/20/2026Pending sale$950,000
    Source: SJSRMLS #606653 Report a problem
    4/13/2026Price change$950,000-0.5%
    Source: Bright MLS #NJAC2023120 Report a problem
    4/7/2026Price change$955,000-0.7%
    Source: Bright MLS #NJAC2023120 Report a problem
    3/3/2026Listed for sale$962,000+177.2%
    Source: Bright MLS #NJAC2023120 Report a problem
    4/3/2009Sold$347,000-8.4%
    Source: Public Record Report a problem
    2/12/2009Price change$379,000-2.6%
    Source: Long and Foster Real Estate #5476501 Report a problem
    1/31/2009Price change$389,000-2.7%
    Source: Long and Foster Real Estate #5476501 Report a problem
    8/4/2008Price change$399,900-5.9%
    Source: Long and Foster Real Estate #5378576 Report a problem
    7/3/2008Listed for sale$425,000+60.4%
    Source: Long and Foster Real Estate #5378576 Report a problem
    1/14/2004Sold$265,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,454 $319,300
    2024$5,454 +3.5%$319,300
    2023$5,268 +6%$319,300
    2022$4,968 +0.5%$319,300
    2021$4,943 +0.4%$319,300
    2020$4,924 -1.3%$319,300
    2019$4,991 $319,300
    2018$4,991 -0.1%$319,300
    2017$4,997 +5.2%$319,300
    2016$4,751 +1.9%$319,300
    2015$4,662 -0.3%$319,300
    2014$4,675 +6.6%$319,300
    2013$4,384 +2.9%$319,300
    2012$4,259 +4.4%$319,300
    2011$4,081 +2.6%$319,300
    2010$3,975 $319,300 +171.7%
    2001-- $117,500
    Find assessor info on the county website

    Neighborhood: 08402

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $883,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $883,100