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Sold for $2,750,000
  • $2,750,000

    101 N Sumner Ave, Margate, NJ 08402

    6beds
    --sqft
    Single Family Residence
    Built in 2023
    3,600 Square Feet Lot
    $3,222,000 Zestimate®
    $--/sqft
    $4,625 Estimated rent

    Home value

    $3,222,000

    $2.96M - $3.54M

    $4,625/mo

    Zestimate® history
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    What's special

    Beach gearDream coastal oasisMajestic atlantic oceanSecure parkingCoastal breezeCoastal lifestyleVacation homes
    You were right, it was worth the wait!! Welcome to your dream coastal oasis in the heart of Margate’s sought after Parkway section! This brand-new construction home is a testament to luxury, blending modern elegance with the tranquility of beachside living. Bring the whole crew! With 6 spacious bedrooms and 6 luxurious baths, this residence offers unparalleled comfort and style for you and your family, and even a few more. Step inside and be greeted by an abundance of natural light, courtesy of the open living concept that seamlessly integrates the living, dining, and kitchen areas. Entertain your guests while keeping an eye on the kids in the pool below. The heart of this home is a chef's delight, featuring top-of-the-line appliances, exquisite countertops, and ample storage space. Whether you're hosting a dinner party or enjoying a quiet evening in, this space is designed to cater to your every need. Each bedroom has its own full bath and ample closet space. Storage was not an after-thought as you typically find with vacation homes. You’ll find one bedroom off the family room on the first floor, the primary bedroom and two others on floor two, and two bedrooms on the third floor with views of Atlantic City to the North and the majestic Atlantic Ocean just a short walk away . The centrally located laundry room is convenient to all bedrooms. But the allure of this property doesn't stop there. The ground level is impressive with its oversized sliding door which opens to your private outdoor paradise. A sparkling pool beckons on hot summer days, inviting you to cool off and unwind. Imagine lounging by the poolside, sipping your favorite beverage, and basking in the coastal breeze, while mature trees create the privacy you deserve. In addition to the thoughtful interior design, this home boasts practical features to enhance your everyday life. A two-car garage provides secure parking and extra storage space for all your beach gear and outdoor equipment. Don't miss the opportunity to make this exceptional property your home. Embrace the coastal lifestyle, entertain in style, and create cherished memories in this meticulously crafted, new construction residence. Schedule a viewing today and let the shore life welcome you home.

    Zillow last checked:

    Listing updated:

    Listed by:

    ALFI NAIM 914-426-7506,

    OASIS REALTY,

    JEFFREY KALINER 484-571-9521,

    OASIS REALTY

    Bought with:

    JAIME KRAVITZ, 1110299

    Source: SJSRMLS,MLS#: 583815MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 6
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Multi-Zoned
    Appliances
    • Included: Burglar Alarm, Dishwasher, Disposal, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Carbon Monoxide Detector, Kitchen Island, Storage, Walk-In Closet(s), Eat-in Kitchen
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Built-In

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: 3 Story
    • Stories: 3
    • Exterior features: Pool-In Ground
    • Pool features: In Ground
    Lot
    • Size: 3,600 sqft
    • Dimensions: 45 x 80
    • Features: Corner Lot
    Details
    • Additional structures: Storage
    • Parcel number: 12

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2023

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Security System, Smoke/Fire Alarm, Burglar Alarm
    Location
    • Region: Margate

    Other

    Other facts
    • Available date: 04/04/2024

    Price history

    DateEventPrice
    5/17/2024Sold$2,750,000-6.8%
    Source: SJSRMLS #583815 Report a problem
    4/21/2024Pending sale$2,950,000
    Source: SJSRMLS #578939 Report a problem
    4/17/2024Price change$2,950,000+2.6%
    Source: SJSRMLS #578939 Report a problem
    4/4/2024Listed for sale$2,875,000-2.5%
    Source: SJSRMLS #583815 Report a problem
    4/3/2024Listing removed--
    Source: SJSRMLS #578939 Report a problem
    10/20/2023Listed for sale$2,950,000+555.6%
    Source: SJSRMLS #578939 Report a problem
    11/6/2009Sold$450,000+11.1%
    Source: Public Record Report a problem
    3/7/2005Sold$405,000+62%
    Source: Public Record Report a problem
    5/21/2003Sold$250,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$23,557 $1,379,200
    2024$23,557 +3.5%$1,379,200 +161.5%
    2023$22,757 +260.3%$527,500 +73%
    2022$6,316 +0.5%$305,000 -24.9%
    2021$6,283 +0.4%$405,900
    2020$6,259 -1.3%$405,900
    2019$6,344 $405,900
    2018$6,344 -0.1%$405,900
    2017$6,352 +5.2%$405,900
    2016$6,040 +1.9%$405,900
    2015$5,926 -0.3%$405,900
    2014$5,942 +9.7%$405,900
    2012$5,415 +5.6%$405,900
    2011$5,129 +2.5%$405,900 +1.1%
    2010$5,004 +3.1%$401,300
    2009$4,856 +2.5%$401,300
    2008$4,735 -2%$401,300
    2007$4,832 $401,300
    2006-- $401,300 +125.7%
    2005-- $177,800
    2004-- $177,800
    2003-- $177,800
    2002-- $177,800
    2001-- $177,800

    Find assessor info on the county website

    Neighborhood: 08402

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,222,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,222,000