PRESTIGIOUS MARGATE PARKWAY AREA BUILDABLE LOT! 41 wide X 86 deep, Suitable for a Single Family New Construction Build. Come build your dream home on this vacant and cleared lot, 2.5 stories over garage permitted. Perfect for a sizable home with a BIG BACKYARD with plenty of room for a pool too! High ground. Only 3 Blocks to the Beach!
Sold for $1,200,000
$1,200,000
118 N Lancaster Ave, Margate, NJ 08402
--beds
--baths
3,484Square Feet
Unimproved Land
Built in ----
3,484 Square Feet Lot
$-- Zestimate®
$--/sqft
$2,753 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,753/mo
Zestimate® history
Owner options
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$2,753/mo
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$8,468/mo
Est. payment
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Est. payment
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List your homeWhat's special
High groundBig backyard
Zillow last checked:
Listing updated:
Listed by:
EMILY MARCHESE 609-241-5141,
MARCHESE REAL ESTATE, LLC
Bought with:
LORI SALVO, 0337333
Source: SJSRMLS,MLS#: 599258
Facts & features
Property
Lot
- Size: 3,484 Square Feet
- Dimensions: 41 x 86
- Topography: Cleared,Level
Details
- Parcel number: 15
- Zoning description: Residential
Community & HOA
Location
- Region: Margate
Financial & listing details
- Tax assessed value: $296,900
- Annual tax amount: $5,071
- Date on market: 8/13/2025
- Date available: 08/13/2025
- Electric utility on property: Yes
- Road surface type: Sidewalks
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Sold | $1,200,000-4% |
Source:  SJSRMLS #599258 Report a problem | ||
| 9/11/2025 | Pending sale | $1,250,000 |
Source: SJSRMLS #599258 Report a problem | ||
| 8/13/2025 | Listed for sale | $1,250,000 |
Source: SJSRMLS #599258 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,071 | $296,900 |
| 2024 | $5,071 +3.5% | $296,900 |
| 2023 | $4,899 +6% | $296,900 |
| 2022 | $4,620 +0.5% | $296,900 |
| 2021 | $4,596 +0.4% | $296,900 |
| 2020 | $4,578 -1.3% | $296,900 |
| 2019 | $4,641 | $296,900 |
| 2018 | $4,641 -0.1% | $296,900 |
| 2017 | $4,646 -19% | $296,900 -23% |
| 2016 | $5,738 +1.9% | $385,600 |
| 2015 | $5,630 -0.3% | $385,600 |
| 2014 | $5,645 +6.6% | $385,600 |
| 2013 | $5,294 | $385,600 |
Find assessor info on the county website
Neighborhood: 08402
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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
- New Jersey
- Atlantic County
- Margate City
- 08402
- 118 N Lancaster Ave
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