8 N Lancaster Ave Margate, NJ $ 2,300,000
8 N Lancaster Ave
$ 2,300,000
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8 N Lancaster Ave

Margate, NJ, 08402
$ 2,300,000
Bedrooms5 Baths3.1

Monthly Estimate*

$ 15,287

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Single Family Home for sale in Margate, NJ

for $2,300,000 with 5 bedrooms and 3 full baths, 1 half bath. This home was built in 1930.

Welcome to your new home in the charming Parkway Section of Margate, NJ – one of the most sought-after areas along the South Jersey Shore. Nestled on a stunning oversized lot measuring 80x86, this property offers a rare opportunity to own a piece of paradise with endless possibilities. Boasting 5 bedrooms and 3.5 bathrooms, this home exudes charm and versatility. The enclosed porch area, currently utilized as an office, presents a flexible space ideal for additional entertainment or relaxation. Step into the expansive sunroom at the rear of the home – a tranquil retreat perfect for savoring your morning coffee, indulging in a good book, or simply basking in the serenity of your spacious tree-lined and beautifully landscaped yard. Discover the luxurious features throughout, including a dry sauna in the basement, updated kitchen with granite countertops, tiled backsplash, stainless steel JennAir appliances, wine cooler, and a built-in gas stove top. The kitchen seamlessly flows into the laundry room, adorned with tiled flooring. Upstairs, retreat to the primary bedroom with its private Trex deck. The en-suite bathroom provides a serene escape, while two additional bedrooms and another full bathroom complete this level. Ascend the stairs to find two more bedrooms, with original hardwood floors awaiting beneath the carpet. Recent upgrades include the replacement of all three AC units, ensuring comfort and efficiency. Built in 1930, this home seamlessly blends historic charm with modern luxury. Enjoy the convenience of being within walking distance to the beach and surrounded by all that Margate has to offer. This oversized lot offers plenty of space to add a pool and turn this home your own private oasis. Whether you're ready to move right in or eager to build the home of your dreams, don't miss this rare opportunity to create lasting memories in a place you'll love for years to come!

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Single Family Active

Price

$ 2,300,000

Bedrooms

5

Full Bath

3

Half Bath

1

Property Type

Single Family

Taxes

$ 12,070

Style

2 Story

Year Built

1930

Town/City

Margate

County/Region

Atlantic

MLS | Web ID

585073

Features
Exterior
Exterior Stucco
Driveway Concrete
Lot 213.01
Lot Dimensions 80x86
Lot Size Less than One Acre
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General
Water Public
Sewer Public Sewer
Heating Gas-Natural
Appliances Dishwasher Dryer Gas Stove Microwave Refrigerator Self Cleaning Oven Washer
Status Active Active
Full Baths 3
Half Baths 1
Year Built 1930
Other Rooms Dining Room Eat In Kitchen Laundry/Utility Room Pantry
Subdivision Parkway Section
Water Heater Gas
Style 2 Story
Class RESIDENTIAL
Type Single Family
Rooms 9
Tax Year 2023
Garage None
Waterfront No
Area Margate City
Taxes 12070
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Interior
Basement 6 Ft. or More Head Room Inside Entrance Outside Entrance
Flooring Hardwood Tile W/W Carpet
Beds 5
Interior Features Kitchen Center Island Sauna
Air Conditioning Ceiling Fan(s) Central Multi-Zoned
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* Excluded Features
List By
Compass New Jersey-Ocean City

Broker

Affordability Calculator

$16,292
Per Month
94%
6%
0%
Monthly Principal & Interest
$15,287
Monthly Property Taxes
$1,006
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$2,300,000 Listed Price

Map


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8 N Lancaster Ave, Margate, NJ, 08402 is a Single Family Home for sale at $2,300,000. 8 N Lancaster Ave has 5 bedrooms, 3.1 baths, and was built in 1930. The property's zip code is 08402 which is in Margate, NJ