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.
New construction
$3,400,000
1 S Hanover Ave, Margate, NJ 08402
5beds
2,662sqft
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
- 8 days |
- 898 |
- 25 |
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#: 609411
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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
| Date | Event | Price |
|---|---|---|
| 7/1/2026 | Listed for sale | $3,400,000+15.3%$1,277/sqft |
Source: | ||
| 8/2/2025 | Listing removed | $2,950,000$1,108/sqft |
Source: | ||
| 5/16/2025 | Listed for sale | $2,950,000+11.3%$1,108/sqft |
Source: | ||
| 9/16/2024 | Listing removed | $2,650,000$995/sqft |
Source: | ||
| 8/13/2024 | Listed for sale | $2,650,000+120.8%$995/sqft |
Source: | ||
| 6/2/2023 | Listing removed | -- |
Source: | ||
| 11/25/2022 | Sold | $1,200,000-69.8%$451/sqft |
Source: Public Record Report a problem | ||
| 10/17/2022 | Listed for sale | $3,975,000$1,493/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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 | $733,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.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
Nearby schools
GreatSchools rating
- 8/10William H. Ross III Intermediate SchoolGrades: PK-4Distance: 0.2 mi
- 9/10Eugene A Tighe Middle SchoolGrades: 5-8Distance: 0.4 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Jersey
- Atlantic County
- Margate City
- 08402
- 1 S Hanover Ave





