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New construction
  • $3,400,000

    1 S Hanover Ave, Margate, NJ 08402

    5beds
    2,662sqft
    : 
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    Single Family Residence
    Built in 2025
    2,718 Square Feet Lot
    $3,351,000 Zestimate®
    $1,277/sqft
    $-- HOA

    What's special

    Four stop elevatorPrivate covered verandaGround level entryOutdoor showerDesirable south side streetCustom dry barElegant primary suite
    MOVE IN READY! ENJOY THE BEST OF SUMMER IN YOUR MARGATE HOME! Welcome to an extraordinary luxury new construction residence in Margate's coveted Down Beach neighborhood. Perfectly positioned on one of the area's most desirable south side streets, this exceptional home offers the ideal combination of privacy, convenience, and coastal elegance. Just a short stroll from Casel's Marketplace, Starbucks, premier dining, shopping, and the beach, you'll enjoy one of the finest locations Margate has to offer. Thoughtfully designed for effortless shore living, this stunning home offers 5 spacious bedrooms and 4.5 luxurious bathrooms, blending timeless architecture with sophisticated modern finishes. The elegant primary suite serves as a private retreat, complete with its own spacious deck, the perfect place to enjoy your morning coffee, unwind with a good book, or take in the beautiful evening sunsets. The heart of the home is an expansive open concept living space filled with natural light, where the gourmet chef's kitchen flows seamlessly into the dining area and great room. Large glass doors lead to an oversized front deck spanning the entire width of the home, creating exceptional indoor and outdoor living spaces ideal for entertaining or simply relaxing. Every detail has been carefully selected to elevate everyday living, including a four stop elevator, designer kitchen with top of the line appliances, custom dry bar, ground level entry, electric vehicle charging hookup, outdoor shower, and a private covered veranda. Step outside to your own private backyard oasis featuring a beautiful in ground pool, or take a leisurely walk just ten homes to the pristine beaches of the Atlantic Ocean. Whether you're spending the afternoon poolside, enjoying a day at the beach, or entertaining family and friends, this home delivers the ultimate Jersey Shore lifestyle. Built with uncompromising quality and exceptional craftsmanship, every space has been thoughtfully finished with luxurious materials and meticulous attention to detail, creating a home that is as beautiful as it is functional. The home is move in ready, just unpack and start enjoying the rest of the summer. This is a rare opportunity to own a brand new luxury home in one of Margate's most sought after locations. Schedule your private showing today and experience the lifestyle you've been waiting for.
    8 days
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    898
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    25
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    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    ALFI NAIM 914-426-7506,

    OASIS REALTY,

    JEFFREY KALINER 484-571-9521,

    OASIS REALTY

    Source: SJSRMLS,MLS#: 609411MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Heating
      • Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
      Features
      • Elevator
      • Has basement: No
      • Has fireplace: Yes
      • Fireplace features: Built-In, Living Room
      Interior area
      • Total structure area: 2,662
      • Total interior livable area: 2,662 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage, Attached Garage
      • Attached garage spaces: 1
      Accessibility
      • Accessibility features: Elevator
      Features
      • Levels: 3 Story
      • Stories: 3
      • Exterior features: Fenced Yard, Outdoor Shower, Pool-In Ground
      • Pool features: In Ground
      • Fencing: Fenced
      Lot
      • Size: 2,718 Square Feet
      • Dimensions: 43.5 x 62.5
      • Features: Corner Lot
      Details
      • Parcel number: 12.02

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2025

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Security: Burglar Alarm
      Location
      • Region: Margate

      Financial & listing details

      • Price per square foot: $1,277/sqft
      • Tax assessed value: $451,600
      • Annual tax amount: $7,713
      • Date on market: 7/1/2026
      • Date available: 07/01/2026

        Estimated market value

        $3,351,000

        $3.18M - $3.52M

        $3,410/mo

        Price history

        DateEventPrice
        7/1/2026Listed for sale$3,400,000+15.3%$1,277/sqft
        Source: SJSRMLS #609411 Report a problem
        8/2/2025Listing removed$2,950,000$1,108/sqft
        Source: SJSRMLS #596320 Report a problem
        5/16/2025Listed for sale$2,950,000+11.3%$1,108/sqft
        Source: SJSRMLS #596320 Report a problem
        9/16/2024Listing removed$2,650,000$995/sqft
        Source: SJSRMLS #587995 Report a problem
        8/13/2024Listed for sale$2,650,000+120.8%$995/sqft
        Source: SJSRMLS #587995 Report a problem
        6/2/2023Listing removed--
        Source: SJSRMLS #568169 Report a problem
        11/25/2022Sold$1,200,000-69.8%$451/sqft
        Source: Public Record Report a problem
        10/17/2022Listed for sale$3,975,000$1,493/sqft
        Source: SJSRMLS #568169 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,713 +13.4%$451,600 +13.4%
        2024$6,801 -44.2%$398,200 -46.1%
        2023$12,182 +6%$738,300
        2022$11,488 +0.5%$738,300
        2021$11,429 +1%$738,300
        2020$11,320 -1.3%$738,300 +0.6%
        2019$11,474 -0.1%$734,100
        2018$11,482 $734,100 +0.1%
        2017$11,482 +5.2%$733,700
        2016$10,917 +1.9%$733,700
        2015$10,712 -0.3%$733,700
        2014$10,741 +6.6%$733,700
        2013$10,074 $733,700

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 08402

        Getting around

        69 / 100
        Somewhat Walkable
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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