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Sold for $6,500,000
  • $6,500,000

    108 S Exeter Ave, Margate, NJ 08402

    6beds
    --sqft
    Single Family Residence
    Built in 2024
    4,062.5 Square Feet Lot
    $6,914,100 Zestimate®
    $--/sqft
    $7,978 Estimated rent

    Home value

    $6,914,100

    $6.15M - $7.74M

    $7,978/mo

    Zestimate® history
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    What's special

    Ultra Luxurious New Construction, situated on one of Margate’s most iconic streets, in the very desirable Down Beach Section. Positioned on a jumbo lot (65x 62.5), this executive style shore home exudes comfort and practicality while perfectly blending sophistication and the casual lifestyle afforded with the “down the shore” living experience. Exterior features include: individual, real cedar shake siding, accented with woven and flared corners, beautifully complemented with traditional brick foundation, mahogany ceilings and standing seam roof . The front façade incorporates 3 massive sundrenched, entertaining decks all with dynamic and panoramic ocean views, highlighted with powder coated, aluminum railing system and exotic "Ipe" deck-boards. The rear outside living space is the epitome of fun in the sun, boasting a large veranda area complete with a linear, electric fireplace, custom sound system, full service outside kitchen with a high-end appliance package, amazing walk-in outside shower, upgraded, large Gunite pool and dressing room complete with W/D, but yet still an enormous pavered patio area to entertain and enjoy life! Enter through the 5’ custom pivot door and step into your dream home. The large foyer area is temperature controlled, fully tiled and complemented with an impressive custom millwork package. Towards the rear of the foyer is access to the Oasis style rear yard as well as the elevator access which travels to the top level. The grand main living area is an open floor concept, enhanced with a creative millwork pkg, with oversized Anderson windows and Frenchwood sliders allowing an abundance of natural light to flood the space and of course, capture the stunning ocean views. The chefs kitchen is delightful, featuring wolf and subzero appliance package, fully customized cabinetry with upgraded trim pkg, task and accent lighting with a peninsula large enough to accommodate 5 comfortably. The adjacent dining space flows seamlessly into the family room which is anchored with an electric, linear, crystal fireplace highlighted with stunning stone accents and wet bar. Through the Frenchwood sliders is the massive entertaining deck connecting the outside living space to the interior space with perfection, a large en’suite and half bath round out the first floor. The main bedroom level includes 4 large en’suits, each with access to a tremendous deck featuring direct site lines to the ocean with walk in closets and custom built-ins and beautifully appointed custom tiled baths with designer fixtures. Each of the 4 en’suites has direct access to the large entertaining deck with ocean views as far as the eye can see. Also, on this level is the open, cozy and comfortable-den area featuring midnight kitchen & electric fireplace. Perhaps the perfect place for the family to come together and build lifelong memories. A full-size laundry room rounds out this level. The 3rd floor is reserved for the primary suite that must be seen to be believed. As you approach the primary suite there is a sitting room complete with midnight kitchen and the ability to access one of the largest decks on the island to just gaze at the mesmerizing panoramic ocean views. The suite itself is oversized with more amazing mill work giving the space character and charm. The true walk in closet offers fully custom built ins along with a seating area which also offers direct ocean views. The primary bathroom has ceiling to floor Alaskan white marble, designer cabinetry featuring dual sinks, upgraded fixtures with vanity area and private water closet. The dream walk in shower features multiple rain heads, diverters, body sprays and handheld wand along with windows that capture amazing ocean views that take full advantage of the ionized glass technology.

    Zillow last checked:

    Listing updated:

    Listed by:

    TROY ROSENZWEIG 609-209-4495,

    BHHS FOX and ROACH-Margate,

    STACY SCHERR 267-228-8043,

    BHHS FOX and ROACH-Margate

    Bought with:

    TROY ROSENZWEIG, 9702902

    Source: SJSRMLS,MLS#: 588340MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 6
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas, Multi-Zoned
    Cooling
    • Ceiling Fan(s), Central Air, Electric, Multi-Zoned
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Refrigerator, Washer
    Features
    • Bar, Carbon Monoxide Detector, Elevator, Kitchen Island, Storage, Walk-In Closet(s), Eat-in Kitchen, Pantry
    • Flooring: Hardwood, Tile
    • Basement: Slab
    • Has fireplace: Yes
    • Fireplace features: Built-In, More Than 1, See Remarks

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Elevator
    Features
    • Levels: 3 Story
    • Stories: 3
    • Patio & porch: Deck, Patio
    • Exterior features: Deck, Fenced Yard, Patio, Pool-In Ground, Sprinkler System
    • Pool features: In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Beach Block
    Lot
    • Size: 4,062 sqft
    • Dimensions: 65 x 62.5
    Details
    • Additional structures: Storage
    • Parcel number: 11

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Cedar, See Remarks, Shingle
    • Foundation: Slab
    Condition
    • New Construction
    • New construction: Yes
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

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

    Other

    Other facts
    • Available date: 08/23/2024

    Price history

    DateEventPrice
    11/19/2024Sold$6,500,000-8.5%
    Source: SJSRMLS #588340 Report a problem
    11/1/2024Pending sale$7,100,000
    Source: SJSRMLS #588340 Report a problem
    8/23/2024Listed for sale$7,100,000
    Source: SJSRMLS #588340 Report a problem
    8/20/2024Listing removed$7,100,000
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #585490 Report a problem
    5/23/2024Listed for sale$7,100,000+155.9%
    Source: SJSRMLS #585490 Report a problem
    9/18/2023Sold$2,775,000
    Source: SJSRMLS #576847 Report a problem
    9/1/2023Pending sale$2,775,000
    Source: SJSRMLS #576847 Report a problem
    8/14/2023Listed for sale$2,775,000+73.5%
    Source: SJSRMLS #576847 Report a problem
    5/22/2016Listing removed$1,599,000
    Source: RE/MAX Platinum Properties Margate #461696 Report a problem
    4/29/2015Price change$1,599,000-0.1%
    Source: RE/MAX Platinum Properties Margate #447257 Report a problem
    9/17/2014Listed for sale$1,599,999+36.8%
    Source: RE/MAX Platinum Properties Margate #436003 Report a problem
    3/3/2011Sold$1,170,000-22%
    Source: Public Record Report a problem
    2/8/2011Price change$1,500,000+12%
    Source: Prudential Fox & Roach Realtor - Margate #369160 Report a problem
    12/10/2010Price change$1,339,000-10.7%
    Source: RealEstateShows.com #370393 Report a problem
    12/3/2010Price change$1,500,000-16.6%
    Source: RealEstateShows.com #370393 Report a problem
    11/28/2010Price change$1,799,000+19.9%
    Source: RealEstateShows.com #370393 Report a problem
    11/26/2010Price change$1,500,000-16.6%
    Source: RealEstateShows.com #370393 Report a problem
    3/17/2010Price change$1,799,000-10%
    Source: Prudential Fox and Roach #349189 Report a problem
    10/5/2009Listed for sale$1,999,000+250.7%
    Source: Margate #349189 Report a problem
    5/25/1999Sold$570,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$31,373 +56%$1,836,800 +56%
    2024$20,110 -4%$1,177,400 -7.3%
    2023$20,955 +6%$1,270,000
    2022$19,761 +0.5%$1,270,000
    2021$19,660 +0.4%$1,270,000
    2020$19,583 -1.2%$1,270,000
    2019$19,818 $1,270,000
    2018$19,818 -0.2%$1,270,000
    2017$19,865 +5.1%$1,270,000
    2016$18,898 +1.9%$1,270,000
    2015$18,542 -0.3%$1,270,000
    2014$18,593 +6.6%$1,270,000
    2013$17,437 $1,270,000

    Find assessor info on the county website

    Neighborhood: 08402

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $6,914,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $6,914,100