NOT LISTED FOR SALE

12 N Clarendon Ave Margate City, NJ 08402

Estimated Value: $1,550,865 - $1,866,000

6 Beds
4 Baths
-- Sq Ft
2,483 Sq Ft Lot

Last Sold February 16, 2024

Last sale price $1,575,000

Est. 11% increase in value since last sale

Current estimated payment $10,562/month

108 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Great Room
  • William H. Ross III Intermediate School Rated A-
  • Wood Flooring
  • Den

About This Home

As of February 2024

Fabulous opportunity to live on Margate's most desirable streets in the very popular Down Beach Section. Boasting 1st block North location allowing for a quick and pleasant stroll to Margate's convenient shopping, exciting night life, best beaches and the world famous Boardwalk. Exterior features include, maintenance free siding, highlighting cedar siding impressions that are tastefully accented with stone , upgraded vinyl railing system, beautiful paver front porch with fiberglass 2nd floor deck. The ample and sun drenched rear yard is perfect for barbecuing/entertaining family and friends. Interior features include 3 stories of luxury. First floor encompasses a chef's kitchen boasting gas operated stainless steel appliance package, custom cabinetry with granite countertops and designer backsplash. The open dining area is large enough to comfortably accommodate a table for 8 and flow seamlessly into the sun filled great room. The additional Den/flex room on the 1st floor adds convenience to a growing family and is smartly complemented with the adjacent full bathroom. Second floor encompasses 2 large bedrooms with multiple oversized windows and large closets along with a hallway laundry room, which allows for the substantial primary suite, featuring private deck access, a true walk-in closet with professional fit outs, stunning fully tiled bath, featuring large walk-in shower, his and her vanities and private water closet. The 3rd floor offers 2 spacious bedrooms serviced by a beautifully appointed full bath.

Last Listed By

ROSENZWEIG, TROY ROSENZWEIG

BHHS FOX and ROACH-Margate License #0567225 Listed on: 09/13/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,544

Year Built

  • 2011

Lot Details

  • Lot Dimensions are 40x62.5
  • Fenced
  • Sprinkler System

Parking

  • 2 Parking Spaces

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Insulated Windows
  • Shades
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Area
  • Den
  • Library
  • Recreation Room
  • Storage
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Shed
  • Porch

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,544

Year Built

2011

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Also Includes: Blinds, Curtains, Shades
  • Lvt Date: 09/13/2023
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3
  • Year Built (Public Record): 2011

Interior Features

  • Appliances: Burglar Alarm, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 6
  • Full Bathrooms: 4
  • Basement: Crawl Space
  • Other Rooms: Den/Tv Room, Dining Area, Eat In Kitchen, Great Room, Library/Study, Pantry, Recreation/Family

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Patio, Porch, Shed, Sprinkler System, Enclosed Outside Shower
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 40x62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2023
Closed on
Jan 26, 2024
Sold by
Shusterman Neil and Shusterman Cheryl
Bought by
Smith Jeffrey J and Smith Sharon M
Seller's Agent
ROSENZWEIG, TROY ROSENZWEIG
BHHS FOX and ROACH-Margate
Buyer's Agent
Gerard Rosenberger
MARKETPLACE REALTY
List Price
$1,650,000
Sold Price
$1,575,000
Premium/Discount to List
-$75,000
-4.55%
Total Days on Market
108
Views
100
Current Estimated Value
$1,749,966

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$174,966
Avg. Annual Appreciation
7.24%
Original Mortgage
$675,000
Outstanding Balance
$667,723
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$1,042,681

Purchase Details

Listed on
Mar 20, 2014
Closed on
Aug 1, 2014
Sold by
Nelson Leonard B and Nelson Helene
Bought by
Shusterman Neil and Shusterman Cheryl
Seller's Agent
Carol Shaw
BHHS FOX and ROACH-Margate
Buyer's Agent
Susan and Louis Solomon
BHHS FOX and ROACH-Margate
List Price
$920,000
Sold Price
$920,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$300,000
Interest Rate
4.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2011
Sold by
Kavky Michael
Bought by
Nelson Leonard B and Nelson Helene

Purchase Details

Closed on
Sep 13, 2010
Sold by
Brooks Jeffrey A and Bocalter Mary
Bought by
Kavky Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,600
Interest Rate
4.51%
Mortgage Type
New Conventional

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Jeffrey J $1,575,000 Surety Title
Shusterman Neil $920,000 Multiple
Nelson Leonard B $915,000 First American Title Ins Co
Kavky Michael $352,000 Foundation Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Jeffrey J $675,000
Previous Owner Shusterman Neil $261,000
Previous Owner Shusterman Neil $300,000
Previous Owner Kavky Michael $281,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/16/2024 02/16/24 Sold $1,575,000 -4.5% --
12/30/2023 12/30/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $1,650,000 +79.3% --
08/01/2014 08/01/14 Sold $920,000 0.0% --
06/22/2014 06/22/14 Pending -- -- --
03/20/2014 03/20/14 For Sale $920,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $9,544 $558,800 $278,100 $280,700
2023 $8,818 $558,800 $278,100 $280,700
2022 $8,818 $558,800 $278,100 $280,700
2021 $8,695 $558,800 $278,100 $280,700
2020 $8,650 $558,800 $278,100 $280,700
2019 $8,617 $558,800 $278,100 $280,700
2018 $8,734 $558,800 $278,100 $280,700
2017 $8,745 $558,800 $278,100 $280,700
2016 $8,449 $558,800 $278,100 $280,700
2015 $8,315 $558,800 $278,100 $280,700
2014 $8,158 $558,800 $278,100 $280,700
Source: Public Records

Agents Affiliated with this Home

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Source: South Jersey Shore Regional MLS

MLS Number: 577774

South Jersey Shore Regional MLS

APN: 16-00204-01-00020