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Sold for $1,160,000
  • $1,160,000

    2 N Franklin Ave, Margate, NJ 08402

    4beds
    2,000sqft
    SingleFamily
    Built in 2016
    2,186 Square Feet Lot
    $1,285,400 Zestimate®
    $580/sqft
    $6,138 Estimated rent

    Home value

    $1,285,400

    $1.13M - $1.47M

    $6,138/mo

    Zestimate® history
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    $8,186/mo

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    $8,186/mo

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    What's special

    Convenience and luxury are the two best words to describe this luxury new construction custom built home in Margate's most desirable down beach section. Exterior features include maintenance free cedar impression-siding, custom Azek columns, along with over-sized covered front porch, and ample rear yard perfect for barbecuing. Interior features include open floor plan design with 9 foot ceilings, custom mill work package, gas fireplace with stone surround flanked by dual window seats. The chef's kitchen offers large island area, upgraded professional stainless steel appliance package, custom cabinets with upgraded moldings and stylish back-splash. Full laundry room with basin sink and half-bath round out the first floor. Second floor is highlighted with a stunning master suite complete with beautiful walk in shower with seat custom vanity and private water closet, walk-in closet and private deck. The two guestrooms are gracious in size with oversize windows and closets, hallway bath offers of credit fixtures with tub shower combination. Third floor offers custom bath with one additional bedroom.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Range / Oven, Refrigerator
    Features
    • Walk In Closet, Cathedral Ceiling, Storage, Smoke/Fire Alarm, Carbon Monoxide Detector
    • Flooring: Tile, Carpet, Hardwood
    • Basement: Crawl Space
    Interior area
    • Total interior livable area: 2,000 sqft

    Property

    Parking
    • Total spaces: 3
    Features
    • Exterior features: Shingle (Not Wood), Stucco, Vinyl
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    Lot
    • Size: 2,186 Square Feet
    Details
    • Parcel number: 16002070300014

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 2016

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Location
    • Region: Margate

    Financial & listing details

    • Price per square foot: $580/sqft
    • Tax assessed value: $658,200
    • Annual tax amount: $11,242

    Price history

    DateEventPrice
    2/13/2025Sold$1,160,000+71.6%$580/sqft
    Source: Public Record Report a problem
    5/1/2017Sold$676,000-6.8%$338/sqft
    Source: SJSRMLS #479045 Report a problem
    12/14/2016Price change$724,999-3.3%$362/sqft
    Source: SOLEIL SOTHEBY'S INTERNATIONAL REALTY - A #479045 Report a problem
    9/14/2016Price change$749,900-2.5%$375/sqft
    Source: SOLEIL SOTHEBY'S INTERNATIONAL REALTY - A #473448 Report a problem
    8/4/2016Listed for sale$769,000+284.5%$385/sqft
    Source: World Net Realty/SJ #6839142 Report a problem
    4/21/2016Sold$200,000+42.9%$100/sqft
    Source: Public Record Report a problem
    3/16/2016Sold$140,000-76.6%$70/sqft
    Source: Public Record Report a problem
    3/21/2012Listing removed$599,000$300/sqft
    Source: Soleil Sotheby's International Realty #368972 Report a problem
    1/27/2012Listed for sale$599,000$300/sqft
    Source: Soleil Sotheby's International Realty #368972 Report a problem
    12/12/2011Listing removed$599,000$300/sqft
    Source: Soleil Sotheby's International Realty #368972 Report a problem
    12/5/2010Listed for sale$599,000+144.5%$300/sqft
    Source: Soleil Sotheby's International Realty #368972 Report a problem
    9/17/2003Sold$245,000+240.3%$123/sqft
    Source: Public Record Report a problem
    11/6/1997Sold$72,000$36/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,242 $658,200
    2024$11,242 +3.5%$658,200
    2023$10,860 +6%$658,200
    2022$10,242 +0.5%$658,200
    2021$10,189 +0.4%$658,200
    2020$10,149 -1.3%$658,200
    2019$10,288 $658,200
    2018$10,288 +19.5%$658,200 +19.6%
    2017$8,612 +150.3%$550,300 +138%
    2016$3,440 +1.9%$231,200
    2015$3,376 -0.3%$231,200
    2014$3,385 +24.1%$231,200 -9.8%
    2008$2,728 $256,200 +180.9%
    2003-- $91,200
    2002-- $91,200
    2001-- $91,200
    Find assessor info on the county website

    Neighborhood: 08402

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,285,400
    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
    $1,285,400