$1,196,000 - $1,743,000
RENTED JUL 1, 2024

8 N Clarendon Ave Margate City, NJ 08402

4 Beds
4 Baths
1,700 Sq Ft
$828 Price per Sq Ft

Last Sold January 14, 2022

Last sale price $1,200,000 $706 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $8,500/month

About This Home

As of January 2022

Welcome Home to Your Perfect July Rental located in the Highly Sought After ABC STREETS, right in the Heart of Margate! This FABULOUS Beach House features a Roomy front porch with plenty of outdoor furniture for you and your guests to relax and feel the ocean breeze or for enjoying your morning coffee or a sunset cocktail. Inside, you'll find 4 spacious bedrooms and 4 bathrooms, plus 2 Separate Den's to Relax with Family and Friends or Chill Out and Enjoy the Large screen TV's. Each bedroom is tastefully decorated and comes with comfortable beds ensuring a good night's sleep after a day of fun in the sun. The living area is bright and airy, with large windows that offer plenty of sunshine. It is also equipped with a flat-screen TV. The fully equipped kitchen features all the necessary appliances and utensils to prepare your favorite meals. This rental also boasts plenty of parking, making it easy for you and your guests to come and go as you please. Plus, all of the outdoor furniture is brand new, ensuring your comfort and enjoyment during your stay. The home features an enclosed outdoor shower plus plenty of space in the shed to store all your beach toys. Located 2 Blocks to the Beach puts you steps away from the sand and surf, as well as all the shops, Best restaurants, and attractions that Margate and Ventnor has to offer. Hurry and Grab this Ideal Rental Before it's Gone!! July Dogs will be Considered.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2021
Closed on
Jan 13, 2022
Sold by
Michele Zelig
Bought by
Span Susan and Span Craig
Seller's Agent
Michele Zelig
PLATINUM REAL ESTATE
Buyer's Agent
Audrey Panitch Levin
Compass Real Estate-Margate
List Price
$12,000,000
Sold Price
$1,200,000
Premium/Discount to List
-$10,800,000
-90%
Current Estimated Value
$1,407,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,873
Avg. Annual Appreciation
4.99%
Original Mortgage
$880,000
Interest Rate
3.69%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 12, 2019
Closed on
Jun 30, 2020
Sold by
Mazer Toby
Bought by
Zelig Michele and Zelig Ricky
Seller's Agent
Lawrence Stone
Soleil Sotheby's International Realty - A
Buyer's Agent
Michele Zelig
PLATINUM REAL ESTATE
List Price
$474,500
Sold Price
$425,000
Premium/Discount to List
-$49,500
-10.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
96.21%
Original Mortgage
$382,500
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 1997
Sold by
Belitsky David and Belitsky Rebecca
Bought by
Mazer Toby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.41%

Range of Values:

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Average Value
Not Available
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
Span Susan $1,200,000 Siligato Michael J
Zelig Michele $425,000 Surety Title Company Llc
Mazer Toby $160,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Span Susan $880,000
Previous Owner Zelig Michele $382,500
Previous Owner Mazer Toby $110,000
Previous Owner Mazer Toby $240,000
Previous Owner Mazer Toby $205,000
Previous Owner Mazer Toby $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Rented -- -- --
08/26/2023 08/26/23 For Rent $23,000 +130.0% --
06/15/2023 06/15/23 Rented -- -- --
05/08/2023 05/08/23 For Rent $10,000 0.0% --
01/14/2022 01/14/22 Sold $1,200,000 -90.0% --
12/12/2021 12/12/21 Pending -- -- --
12/12/2021 12/12/21 For Sale $12,000,000 +2723.5% --
06/30/2020 06/30/20 Sold $425,000 -10.4% --
05/25/2020 05/25/20 Pending -- -- --
03/09/2020 03/09/20 For Sale $474,500 0.0% --
02/05/2020 02/05/20 Pending -- -- --
11/04/2019 11/04/19 Price Changed $474,500 -4.9% --
08/12/2019 08/12/19 For Sale $499,000 0.0% --
05/23/2018 05/23/18 Rented -- -- --
04/11/2018 04/11/18 For Rent $20,000 -- --
09/15/2016 09/15/16 Rented -- -- --
08/16/2016 08/16/16 Under Contract -- -- --
06/15/2016 06/15/16 For Rent -- -- --
10/01/2015 10/01/15 Rented -- -- --
09/01/2015 09/01/15 Under Contract -- -- --
08/07/2015 08/07/15 For Rent -- -- --
09/05/2012 09/05/12 Rented -- -- --
08/06/2012 08/06/12 Under Contract -- -- --
07/01/2012 07/01/12 For Rent -- -- --

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 $7,703 $451,000 $278,100 $172,900
2023 $7,117 $451,000 $278,100 $172,900
2022 $6,145 $389,400 $278,100 $111,300
2021 $6,059 $389,400 $278,100 $111,300
2020 $6,028 $389,400 $278,100 $111,300
2019 $6,005 $389,400 $278,100 $111,300
2018 $6,086 $389,400 $278,100 $111,300
2017 $5,981 $382,200 $278,100 $104,100
2016 $5,779 $382,200 $278,100 $104,100
2015 $5,687 $382,200 $278,100 $104,100
2014 $5,580 $382,200 $278,100 $104,100
Source: Public Records

Agents Affiliated with this Home

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