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Sold for $2,400,000
  • $2,400,000

    24 N Exeter Ave, Margate City, NJ 08402

    5beds
    --sqft
    Single Family Residence
    Built in 2024
    3,360 Square Feet Lot
    $2,725,100 Zestimate®
    $--/sqft
    $4,415 Estimated rent

    Home value

    $2,725,100

    $2.43M - $3.08M

    $4,415/mo

    Zestimate® history
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    What's special

    Luxury new construction conveniently located on the 1st block North, in Margate's desirable Down Beach Section. Featuring 5 bedrooms and 5 full baths. and allowing for a pleasant walk to Margate's best shopping district, casual and formal dining, Castles, Knit Wit, Hot Bagels and of course Margate's best beaches and the world famous boardwalk. The jumbo lot-size (Approx. 3465 ft.²) is the foundation for the creativity and architectural prowess on display at this property. Exterior features include: Enclosed garage and carport area, rear yard Oasis creating a resort style “down the shore experience”. Featuring; oversized veranda area with electric fireplace overlooking the large Gunite pool with sun shelf, full service outside kitchen and shower/dressing room neatly tucked into the structure of the property. Enter through the fully tiled foyer area and you can immediately appreciate the custom millwork package through the foyer that leads to the fun rear yard along with easy access to the elevator that travels from grade to the top floor. The main level of living space is best described as dramatic and impressive, featuring 10 foot soaring ceilings accented with a stunning millwork package, oversized windows allowing the natural light to flood the space. The splendid chefs kitchen is highlighted with custom cabinetry, upgraded trim package, illuminated uppers & quartz counters. Off to the Bayside of the property is a fully customized full bath along with a 5th bedroom guest suite/den, . The open dining room is large enough to easily accommodate a table of 10, and flows seamlessly into the grand great room which is anchored with an electric, linear, crystal, programmable fireplace and magnificent custom surround. Just off the great room you will find the entertaining deck which is perfect for dining and hanging out with the family. The second level continues the theme of soaring ceilings creating impressive and dramatic space. For optimum convenience there are 4 large exquisite en’suites with each bathroom offering custom tile, designer cabinetry, upgraded fixtures, and frameless glass, shower surround. The 2 suites in the front of the property offer access to the oversized deck. A full size laundry room complete with custom cabinetry and a service sink round out the second floor.

    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#: 588338MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 5
    Rooms
    • Room types: Dining Area, Great Room, Laundry
    Heating
    • Forced Air, Natural Gas, Multi-Zoned
    Cooling
    • Ceiling Fan(s), Central Air, Multi-Zoned
    Appliances
    • Included: Dishwasher, Disposal, Gas Stove, Microwave, Refrigerator, Washer
    Features
    • 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, Living Room, See Remarks

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage
    • Garage spaces: 1
    Accessibility
    • Accessibility features: Elevator
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck
    • Exterior features: Deck, Fenced Yard, Pool-In Ground, Sprinkler System
    • Pool features: In Ground
    • Fencing: Fenced
    Lot
    • Size: 3,360 Square Feet
    • Dimensions: 35 x 96
    Details
    • Additional structures: Storage
    • Parcel number: 41

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

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

    Financial & listing details

    • Tax assessed value: $1,283,500
    • Annual tax amount: $21,922
    • Date on market: 8/23/2024
    • Date available: 08/23/2024

    Price history

    DateEventPrice
    12/2/2024Sold$2,400,000-1%
    Source: SJSRMLS #588338 Report a problem
    10/3/2024Pending sale$2,425,000
    Source: SJSRMLS #588338 Report a problem
    8/23/2024Price change$2,425,000+1%
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #588338 Report a problem
    6/19/2024Listed for sale$2,400,000-7.7%
    Source: SJSRMLS #586352 Report a problem
    6/11/2024Listing removed$2,599,000
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #584817 Report a problem
    5/3/2024Listed for sale$2,599,000+296.8%
    Source: SJSRMLS #584817 Report a problem
    12/29/2023Sold$655,000
    Source: Public Record Report a problem
    9/29/2023Sold$655,000-18.1%
    Source: Bright MLS #NJAC2009290 Report a problem
    8/17/2023Pending sale$799,900
    Source: Bright MLS #NJAC2009290 Report a problem
    8/7/2023Listed for sale$799,900
    Source: Bright MLS #NJAC2009290 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$21,922 +325.3%$1,283,500 +325.3%
    2024$5,155 -13.7%$301,800 -19.9%
    2023$5,971 +6.3%$377,000
    2022$5,616 +0.5%$377,000
    2021$5,586 +0.4%$377,000
    2020$5,563 +97.2%$377,000
    2019$2,821 $377,000
    2018$2,821 -46%$377,000
    2017$5,221 -2.6%$377,000
    2016$5,360 +2%$377,000
    2015$5,254 -0.3%$377,000
    2014$5,269 +7%$377,000
    2013$4,926 +3.1%$377,000
    2012$4,779 +4.6%$377,000
    2011$4,568 +2.6%$377,000
    2010$4,451 +3.2%$377,000
    2009$4,312 +2.7%$377,000
    2008$4,199 -2.1%$377,000
    2007$4,289 $377,000
    2006-- $377,000 +218.1%
    2005-- $118,500
    2004-- $118,500
    2003-- $118,500
    2002-- $118,500
    2001-- $118,500
    Find assessor info on the county website

    Neighborhood: 08402

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,725,100
    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
    $2,725,100