307 North Vendome Avenue

Margate City, NJ 08402

$1,099,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

New price! Best opportunity in the coveted PARKWAY! RAISED Rancher on a 50 x 80 oversized lot that ticks all the boxes for shore living. About 8 years ago, the home was RAISED & RENOVATED including $350,000 in improvements. Because the house was raised, the homeowners pay very low flood insurance ($600/yr.). In addition to the new cinder block foundation, a new oversized COMPOSITE front porch was added along with an oversized pressure treated rear deck, and side staircase leading to a second entrance...New price! Best opportunity in the coveted PARKWAY! RAISED Rancher on a 50 x 80 oversized lot that ticks all the boxes for shore living. About 8 years ago, the home was RAISED & RENOVATED including $350,000 in improvements. Because the house was raised, the homeowners pay very low flood insurance ($600/yr.). In addition to the new cinder block foundation, a new oversized COMPOSITE front porch was added along with an oversized pressure treated rear deck, and side staircase leading to a second entrance ($170,000). There is over 6 ft. of height under the entire footprint of the house offering about 1400 SF of dry storage. The front exterior features a beautiful stone veneer and new concrete driveway & sidewalk ($15,000). Next, the home also went through a full renovation inside including updated plumbing, new hot water heater, new heater, new electrical outlets, new drywall for walls and ceilings, new trim, new flooring, new bathrooms, new renovated kitchen with white cabinets, granite countertops and stainless steel appliances ($140,000). The unique floorplan is versatile and offers 4 bedrooms and 2 full bathrooms. The 4th bedroom is currently being used as a den. The home has the original wood burning fireplace maintaining the original charm of the house. The home also features central air conditioning and newer windows. The rear yard & deck are private and offer plenty of space to host large summer BBQs and add a hot tub. The outside was professionally landscaped with over 30 shrubs. This home is move in ready and not a tear down, but priced right so you can move right in or customize to your own taste. VALUE IS IN THE RARE OVERSIZED LOT which is worth at least $900,000 by itself! Other nearby tear down properties have recently sold for $1.1-1.2M just for the land. New construction in this part of town is being offered at 2.5+ million and the home is surrounded by multi-million dollar custom homes. The location is on a nice quiet street near the bay, shops and restaurants on Ventnor Ave and in the Marina District. The street offers straight through access to the beach. Imagine living at the shore all year round or as a vacation home enjoying the summers at the beach, seeing the sunset at the bay, and enjoying the breezes on your front porch or rear deck. Listing #583022 is for a new construction home at this location. However, the home is very well maintained and can be purchased and enjoyed as is or while planning a new construction home.
  1. Listed by Michelle Bachrach • BHHS FOX and ROACH-Margate

Property Details for 307 North Vendome Avenue

City/Community
Margate
Class
RESIDENTIAL
Parking - Exterior
One Car
Waterfront (Y/N)
No

Location

Listing Courtesy of BHHS FOX and ROACH-Margate
Add your commute
LISTING UPDATED: 03/20/2024 03:58 PM

Property Details for 307 North Vendome Avenue

StatusActive
MLS #581037
Days on Market117
Taxes$5,974 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Single Family
Year Built1952
Lot Size0.09 AC / 4,000 SF
CountyAtlantic County

Location

Listing Courtesy of BHHS FOX and ROACH-Margate
Add your commute

Building Information for 307 North Vendome Avenue

Stories-Year Built1952Building Size-Lot Size0.09 AC / 4,000 SF

Payment Calculator

$6,496 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,998

Property Taxes

$498

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 307 North Vendome Avenue

Summary
Location and General Information
  • Address: 307 N Vendome Ave Ave
  • Address 2: Parkway Section
  • Address Direction: N
  • Address Number: 307
  • Address Search Number: 307
  • Address Street: Vendome Ave
  • Area: Margate City
  • County: Atlantic
  • Directions: From Ventnor Ave., turn on Vendome toward the Bay. House is on the right side before Fulton Ave.
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Ave
  • Style: Raised Ranch
  • Zip: 08402
Owner
  • Owner: Lucky Buyer
Parking
  • Garage: None
Taxes and HOA Information
  • Homeowners Assoc Fee: $0
  • LVT Date: 01-07-2024
  • Tax Year: 2023
  • Taxes: 5974
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 00522
  • Lot #: 00004
  • Lot Dimensions: 50 x 80
  • Lot Frontage: 50
  • Lot Size: Less than One Acre
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 7
  • Doc Timestamp: 03-20-2024
  • Flood Plain (Y/N): Yes
  • Land Value: $377,200
  • Mo Mobilehome Lot Rent $: $0
  • New Construction: No
  • Total Assessment: 377200
  • Water: Public
  • Year Built: 1952
  • Adult Community/55+: No
Utilities
  • Full Baths: 2
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Outside Features: Deck, Porch
  • Siding/Exterior: Masonry/Block, Stone, Vinyl
Interior Features
  • Air Conditioning: Central, Electric
  • Bedrooms: 4
  • Fireplace: Wood Burning
  • Half Baths: 0
  • Heating: Forced Air, Gas-Natural
  • Rooms: 8
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No

Property History for 307 North Vendome Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 307 North Vendome Avenue

Taxable ValueLand$248,400Additions$128,800Total$377,200
Tax Record2022$5,952 ($496 / month)
Home Facts
Beds0Total Finished SqFt1,341 SqFtAbove Grade Finished SqFt1,341 SqFtStories1Lot Size3,999 SqFtStyleSingle Family ResidenceYear Built1952ZoningS-40CountyATLANTICAPN16 00522-0000-00004

Schools near 307 North Vendome Avenue

This home is within Margate City School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Private - PK to 8
Rating
School
Distance
William H. Ross III Intermediate School
PublicPK to 4

Eugene A Tighe Mid School
Public5 to 8

Blessed Sacrament Regional School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

307 North Vendome Avenue is a single family home for sale in Margate City, NJ 08402. This property was listed for sale on January 6, 2024 by BHHS FOX and ROACH-Margate, it's currently listed at $1,099,000. This listing's school district is Margate City School District. Nearby schools include William H. Ross III Intermediate School, Eugene A Tighe Mid School and Blessed Sacrament Regional School. 307 North Vendome Avenue is a 4-bed, 2-bath, single family home built in 1952.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS FOX and ROACH-Margate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.