This exceptional new construction by one of the island’s premier builders will offer five spacious bedrooms and four-and-a-half luxurious baths, complemented by a four-stop elevator, soaring ceilings, and a thoughtfully designed open-concept layout. Multiple decks enhance the home’s indoor-outdoor living, highlighted by a rare 25’ x 14’ covered veranda overlooking a 41’ x 21’ backyard retreat with a generously sized pool. High-end finishes include durable HardiePlank® siding, Andersen windows, a three-zone HVAC system, and premium tile and hardwood flooring throughout. Designed for year-round entertaining, this residence seamlessly blends style, comfort, and functionality—creating the perfect setting for gathering with family and friends in every season.
Sold for $2,855,500
$2,855,500
116 N Lancaster Ave, Margate, NJ 08402
5beds
2,800sqft
Single Family Residence
Built in 2026
3,526 Square Feet Lot
$2,870,500 Zestimate®
$1,020/sqft
$7,513 Estimated rent
Home value
$2,870,500
$2.61M - $3.16M
$7,513/mo
Zestimate® history
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List your homeWhat's special
Four-stop elevatorSoaring ceilingsGenerously sized poolThree-zone hvac systemMultiple decksFive spacious bedroomsFour-and-a-half luxurious baths
Zillow last checked:
Listing updated:
Listed by:
LAWRENCE STONE 609-841-8638,
Soleil Sotheby's International Realty - A
Bought with:
Sharon Bulgarelli, 9702902
Source: SJSRMLS,MLS#: 603630
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Bedroom 3
- Level: Upper
Bedroom 4
- Level: Upper
Bedroom 5
- Level: Upper
Dining room
- Level: Main
Family room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas, Multi-Zoned
Cooling
- Ceiling Fan(s), Central Air, Multi-Zoned
Appliances
- Included: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
Features
- Carbon Monoxide Detector, Elevator, Kitchen Island, Walk-In Closet(s), Eat-in Kitchen
- Flooring: Hardwood, Tile, W/W Carpet
- Windows: Insulated Windows
- Basement: Slab
- Has fireplace: No
Interior area
- Total structure area: 2,800
- Total interior livable area: 2,800 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 1
Accessibility
- Accessibility features: Elevator
Features
- Patio & porch: Deck, Porch
- Exterior features: Cabana, Deck, Fenced Yard, Outdoor Shower, Pool-In Ground, Porch, Sprinkler System
- Pool features: In Ground
- Fencing: Fenced
Lot
- Size: 3,526 sqft
- Dimensions: 41 x 86
Details
- Additional structures: Cabana
- Parcel number: 16
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- See Remarks
- Foundation: Slab
Condition
- New Construction
- New construction: Yes
- Year built: 2026
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: 01/09/2026
Price history
| Date | Event | Price |
|---|---|---|
| 5/29/2026 | Sold | $2,855,500+0.2%$1,020/sqft |
Source:  SJSRMLS #603630 Report a problem | ||
| 3/17/2026 | Pending sale | $2,850,000+159.1%$1,018/sqft |
Source: SJSRMLS #603630 Report a problem | ||
| 9/19/2025 | Sold | $1,100,000-61.4%$393/sqft |
Source: Public Record Report a problem | ||
| 9/3/2025 | Listed for sale | $2,850,000+3.6%$1,018/sqft |
Source: SJSRMLS #599937 Report a problem | ||
| 5/29/2025 | Listing removed | $2,750,000+189.5%$982/sqft |
Source: SJSRMLS #591905 Report a problem | ||
| 1/7/2025 | Sold | $950,000-65.5%$339/sqft |
Source: Public Record Report a problem | ||
| 1/7/2025 | Listed for sale | $2,750,000$982/sqft |
Source: SJSRMLS #591905 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,414 | $375,500 |
| 2024 | $6,414 +3.5% | $375,500 |
| 2023 | $6,196 +6% | $375,500 |
| 2022 | $5,843 +0.5% | $375,500 |
| 2021 | $5,813 +0.4% | $375,500 |
| 2020 | $5,790 +6.9% | $375,500 |
| 2019 | $5,417 | $375,500 |
| 2018 | $5,417 -0.1% | $375,500 |
| 2017 | $5,424 -2.9% | $375,500 |
| 2016 | $5,587 +1.9% | $375,500 |
| 2015 | $5,482 -0.3% | $375,500 |
| 2014 | $5,497 +6.6% | $375,500 |
| 2013 | $5,156 +2.9% | $375,500 |
| 2012 | $5,009 +4.4% | $375,500 |
| 2011 | $4,799 +2.5% | $375,500 |
| 2010 | $4,682 +3.1% | $375,500 |
| 2009 | $4,544 +2.5% | $375,500 |
| 2008 | $4,431 -2% | $375,500 |
| 2007 | $4,521 | $375,500 |
| 2006 | -- | $375,500 +177.3% |
| 2005 | -- | $135,400 |
| 2004 | -- | $135,400 |
| 2003 | -- | $135,400 |
| 2002 | -- | $135,400 |
| 2001 | -- | $135,400 |
Find assessor info on the county website
Neighborhood: 08402
Nearby schools
GreatSchools rating
- 8/10William H. Ross III Intermediate SchoolGrades: PK-4Distance: 0.3 mi
- 9/10Eugene A Tighe Middle SchoolGrades: 5-8Distance: 0.4 mi
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Estimated market value
$2,870,500
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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
$2,870,500
- New Jersey
- Atlantic County
- Margate City
- 08402
- 116 N Lancaster Ave
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