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Off market
  • $4,480,200

    111 S Essex Ave, Margate, NJ 08402

    5beds
    5baths
    2,661sqft
    SingleFamily
    Built in 2021
    3,123 Square Feet Lot
    $4,480,200 Zestimate®
    $1,684/sqft
    $7,313 Estimated rent

    Home value

    $4,480,200

    $3.94M - $5.11M

    $7,313/mo

    Zestimate® history
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    Rent Zestimate®

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    $26,333/mo

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    What's special

    ANOTHER GORGEOUS NEW CONSTRUCTION MASTERPIECE BROUGHT TO YOU BY REVOLUTION BUILDERS! THE THIRD HOUSE FROM THE BEACH WITH INCREDIBLE VIEWS OF THE OCEAN FROM EVERY ROOM AND AN IN-GROUND POOL! THIS UNIQUE LOCATION IS ALMOST LIKE OCEANFRONT WITH ENDLESS VIEWS IN BOTH DIRECTIONS! Featuring 5 bedrooms, 4 and a half baths, this beach block beauty will showcase high ceilings, hardwood flooring, and custom woodwork throughout, including coffered ceilings, wainscoting, crown molding, and a 4-STOP ELEVATOR! The large open floor plan will include a family room, gourmet kitchen w/ high-end, Sub-Zero & Wolf stainless steel appliances, large center island with ample counter seating, and a generous dining area! A mud/utility room and a powder room complete the first floor. The second floor boasts two spacious bedrooms w/ private en-suites! Rounding out the second floor is the generously-sized master suite w/ large walk-in closet and palatial master bath! The third floor will have two more generously-sized bedrooms, a THIRD FLOOR DECK, and another full bath! This spectacular new home will also include large front decks to enjoy the breathtaking ocean views & covered patio in the back ideal for BBQ-ing with friends and family while you hang by the pool! You won't want to miss an opportunity to custom build with one of the area's finest, Revolution Builders! Act now to select your finishes and make your changes. HURRY, two of the last beachblock new constructions in this area were pre-sold! 2022-04-19

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Garbage disposal, Microwave, Refrigerator
    Features
    • Elevator, Kitchen Island, Walk-In Closet(s), Carbon Monoxide Detector, Dining Area, Eat In Kitchen
    • Flooring: Tile, Hardwood
    • Fireplace features: Family Room
    Interior area
    • Total interior livable area: 2,661 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Accessibility
    • Accessibility features: Elevator
    Features
    • Patio & porch: Deck, Porch
    • Exterior features: Stone, Vinyl, Cement / Concrete
    • Pool features: In Ground
    • Fencing: Fenced Yard
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Beach Block
    Lot
    • Size: 3,123 Square Feet
    Details
    • Parcel number: 16000050100006

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Multi Level
    Condition
    • New Construction
    • Year built: 2021

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $1,684/sqft
    • Tax assessed value: $2,233,700
    • Annual tax amount: $38,152

    Price history

    DateEventPrice
    6/30/2022Sold$2,800,000$1,052/sqft
    Source: Public Record Report a problem
    4/22/2022Sold$2,800,000+0%$1,052/sqft
    Source: SJSRMLS #542444 Report a problem
    5/5/2021Pending sale$2,799,000+115.3%$1,052/sqft
    Source: SJSRMLS #542444 Report a problem
    12/31/2020Sold$1,300,000$489/sqft
    Source: Public Record Report a problem
    9/22/2020Sold$1,300,000-53.6%$489/sqft
    Source: SJSRMLS #535169 Report a problem
    7/21/2020Price change$2,799,000+7.7%$1,052/sqft
    Source: BHHS FOX and ROACH-Margate #542444 Report a problem
    3/17/2020Listed for sale$2,599,000$977/sqft
    Source: BHHS FOX and ROACH-Margate #535399 Report a problem
    3/26/2019Listing removed$50,000$19/sqft
    Source: BHHS FOX and ROACH-Margate #509227 Report a problem
    3/20/2019Price change$50,000-3.8%$19/sqft
    Source: BHHS FOX and ROACH-Margate #509227 Report a problem
    3/11/2019Price change$52,000-5.5%$20/sqft
    Source: BHHS FOX and ROACH-Margate #509227 Report a problem
    8/3/2018Listed for rent$55,000$21/sqft
    Source: Margate #509227 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$38,152 $2,233,700
    2024$38,152 +3.5%$2,233,700
    2023$36,856 +177.6%$2,233,700 +89.7%
    2022$13,276 -21.3%$1,177,300 +38%
    2021$16,862 +0.4%$853,200 -21.7%
    2020$16,797 +97.7%$1,089,300
    2019$8,497 $1,089,300
    2018$8,497 -50.2%$1,089,300
    2017$17,047 +5.2%$1,089,300
    2016$16,209 +1.9%$1,089,300
    2015$15,904 -0.3%$1,089,300
    2014$15,947 +6.6%$1,089,300
    2013$14,956 +13.5%$1,089,300
    2009$13,181 +2.5%$1,089,300
    2008$12,854 -2%$1,089,300
    2007$13,115 $1,089,300
    2006-- $1,089,300 +136.3%
    2005-- $460,900
    2004-- $460,900
    2003-- $460,900 +4.2%
    2002-- $442,400
    2001-- $442,400
    Find assessor info on the county website

    Neighborhood: 08402

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $4,480,200
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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
    $4,480,200