BEST DEAL ON THE ISLAND! Discover elevated coastal living in this exceptional luxury new construction home in Margate, ideally located just one block from the beach and moments from the area’s best shops and dining. Thoughtfully designed with sophisticated finishes and effortless flow, this residence offers a refined shore lifestyle with every modern convenience. Featuring 5 generously sized bedrooms and 3.5 beautifully appointed bathrooms, the home blends comfort, privacy, and flexibility for hosting family and guests. A four-stop private elevator provides seamless access to every level, while an elegant wet bar sets the stage for effortless entertaining. Step outside to your own private pool—a serene retreat perfect for relaxing after the beach. Additional highlights include an outdoor kitchen, a one-car garage and quality craftsmanship throughout, delivering both luxury and peace of mind. A rare Margate offering—new construction, premier location, and timeless coastal elegance, all just steps from the sand.
New construction
$2,799,000
31 N Essex Ave, Margate, NJ 08402
5beds
--sqft
Single Family Residence
Built in 2026
2,500 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Sophisticated finishesOne-car garageFour-stop private elevatorElegant wet barEffortless flowOutdoor kitchen
- 220 days
- 485
- 11
Zillow last checked:
Listing updated:
Listed by:
PAULA HARTMAN 609-487-7234,
BHHS FOX and ROACH-Margate
Source: SJSRMLS,MLS#: 604175
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Washer
Features
- Elevator
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Living Room
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 1
Accessibility
- Accessibility features: Elevator
Features
- Levels: 3 Story
- Stories: 3
- Exterior features: Pool-In Ground
- Pool features: In Ground
Lot
- Size: 2,500 Square Feet
- Dimensions: 40 x 62.5
Details
- Parcel number: 4
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Condition
- New Construction
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Margate
Financial & listing details
- Tax assessed value: $325,100
- Annual tax amount: $1
- Date on market: 1/24/2026
- Date available: 01/24/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/24/2026 | Price change | $2,799,000+3.7% |
Source:  SJSRMLS #604175 Report a problem | ||
| 1/24/2026 | Listed for sale | $2,699,000+246.5% |
Source: SJSRMLS #604175 Report a problem | ||
| 12/29/2025 | Sold | $779,000 |
Source: SJSRMLS #602713 Report a problem | ||
| 11/26/2025 | Pending sale | $779,000 |
Source: SJSRMLS #602713 Report a problem | ||
| 11/26/2025 | Listed for sale | $779,000+816.5% |
Source: SJSRMLS #602713 Report a problem | ||
| 5/6/1996 | Sold | $85,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,553 | $325,100 |
| 2024 | $5,553 +8.6% | $325,100 |
| 2023 | $5,114 +6.4% | $325,100 |
| 2022 | $4,809 +0.5% | $325,100 |
| 2021 | $4,783 +0.4% | $325,100 |
| 2020 | $4,763 -1.4% | $325,100 |
| 2019 | $4,831 | $325,100 |
| 2018 | $4,831 +9.3% | $325,100 |
| 2017 | $4,421 -3.6% | $325,100 |
| 2016 | $4,587 +2% | $325,100 |
| 2015 | $4,496 -0.3% | $325,100 |
| 2014 | $4,509 +7% | $325,100 |
| 2013 | $4,214 +3.1% | $325,100 |
| 2012 | $4,087 +4.7% | $325,100 |
| 2011 | $3,905 +2.6% | $325,100 |
| 2010 | $3,804 +3.3% | $325,100 |
| 2009 | $3,684 +2.7% | $325,100 |
| 2008 | $3,586 -2.1% | $325,100 |
| 2007 | $3,664 | $325,100 |
| 2006 | -- | $325,100 +203.8% |
| 2005 | -- | $107,000 |
| 2004 | -- | $107,000 |
| 2003 | -- | $107,000 |
| 2002 | -- | $107,000 |
| 2001 | -- | $107,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 08402
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