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Sold for $2,950,000
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    • $2,950,000

    405 N Pembroke Ave, Margate City, NJ 08402

    --beds
    --baths
    --Square Feet
    Unimproved Land
    Built in ----
    -- sqft lot
    $4,004,000 Zestimate®
    $--/sqft
    $1,567 Estimated rent

    Home value

    $4,004,000

    $3.52M - $4.56M

    $1,567/mo

    Zestimate® history
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    What's special

    BUILD YOUR DREAM HOME ON THIS RARE BAYFRONT PARKWAY LOCATION!!! *The renderings are for what could be built on the property*This property is situated on a 55'X100' lot on one of Margate's most desirable and secluded areas-- one of the prettiest streets on the island! This oversized lot will allow you to build a 3,300+ SF home with 4-stories of living, including a 2 car garage! PARADISE AWAITS on the bay & enjoy the breathtaking views! Want an infinity pool overlooking the bay? You can have one here! The possibilities are endless! YOU WON’T WANT TO MISS OUT ON THIS INCREDIBLE OPPORTUNITY!!! Seller in the process of obtaining CAFRA and building approvals. Sale to take place after subdivision is completed. Call for more info!!

    Zillow last checked:

    Listing updated:

    Listed by:

    BRIAN HILTNER 609-703-4789,

    BHHS FOX and ROACH-Margate II,

    DANA HARTMAN 609-287-6201,

    BHHS FOX and ROACH-Margate II

    Bought with:

    BRIAN HILTNER, 9702902

    Source: SJSRMLS,MLS#: 574675MLS Logo

    Facts & features

    Property

    Features
    • Has view: Yes
    • View description: Bay, Lagoon Front
    • Waterfront features: Bay Front, Lagoon Front
    • Frontage type: Bay/Harbor,Lagoon/Estuary
    Lot
    • Dimensions: 55' x 100'
    Details
    • Parcel number: /

    Community & HOA

    Location
    • Region: Margate City

    Financial & listing details

    • Tax assessed value: $1,136,500
    • Annual tax amount: $19,411
    • Date on market: 6/6/2023
    • Date available: 06/06/2023

    Price history

    DateEventPrice
    2/13/2024Sold$2,950,000
    Source: Public Record Report a problem
    11/17/2023Sold$2,950,000-9.2%
    Source: SJSRMLS #574675 Report a problem
    10/5/2023Pending sale$3,249,000-43.5%
    Source: SJSRMLS #574675 Report a problem
    6/14/2023Price change$5,750,000+77%
    Source: SJSRMLS #574961 Report a problem
    6/6/2023Price change$3,249,000-43.5%
    Source: SJSRMLS #574675 Report a problem
    4/28/2023Price change$5,750,000+45.6%
    Source: SJSRMLS #573498 Report a problem
    10/28/2022Price change$3,950,000+5.3%
    Source: SJSRMLS #566026 Report a problem
    9/24/2022Price change$3,750,000-34.8%
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #566026 Report a problem
    9/10/2022Price change$5,750,000+53.3%
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #566025 Report a problem
    8/28/2022Price change$3,750,000-34.8%
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #566026 Report a problem
    8/15/2022Price change$5,750,000+53.3%
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #566025 Report a problem
    8/13/2022Price change$3,750,000-34.8%
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #566026 Report a problem
    8/11/2022Price change$5,750,000+53.3%
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #566025 Report a problem
    8/10/2022Price change$3,750,000-34.8%
    Source: SJSRMLS #566026 Report a problem
    7/13/2022Price change$5,750,000+53.3%
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #562935 Report a problem
    5/20/2022Price change$3,750,000-34.8%
    Source: SJSRMLS #563219 Report a problem
    5/13/2022Listed for sale$5,750,000+39.4%
    Source: SJSRMLS #562935 Report a problem
    5/6/2022Sold$4,125,000-13.2%
    Source: SJSRMLS #554970 Report a problem
    2/4/2022Pending sale$4,749,788
    Source: SJSRMLS #554970 Report a problem
    1/25/2022Listed for sale$4,749,788-5%
    Source: SJSRMLS #554970 Report a problem
    12/15/2021Listing removed--
    Source: SJSRMLS #554970 Report a problem
    10/29/2021Price change$4,999,788-9.1%
    Source: SJSRMLS #554970 Report a problem
    9/20/2021Listed for sale$5,499,788+762.7%
    Source: SJSRMLS #554970 Report a problem
    10/23/1997Sold$637,500
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,411 +80%$1,136,500 +80%
    2024$10,784 -40.1%$631,400 -42.1%
    2023$17,995 -41.6%$1,090,600 -45%
    2022$30,829 +0.5%$1,981,300
    2021$30,671 +0.4%$1,981,300
    2020$30,552 -1.3%$1,981,300
    2019$30,968 $1,981,300
    2018$30,968 -0.1%$1,981,300
    2017$31,007 +5.2%$1,981,300
    2016$29,482 +1.9%$1,981,300
    2015$28,927 -0.3%$1,981,300
    2014$29,006 +6.6%$1,981,300
    2013$27,203 +2.9%$1,981,300
    2012$26,431 +4.4%$1,981,300
    2011$25,321 +2.5%$1,981,300
    2010$24,707 +3.1%$1,981,300
    2009$23,974 +2.5%$1,981,300
    2008$23,379 +53.4%$1,981,300 +24.6%
    2007$15,238 $1,590,600 +354.2%
    2005-- $350,200
    2004-- $350,200
    2003-- $350,200
    2002-- $350,200
    2001-- $350,200
    Find assessor info on the county website

    Neighborhood: 08402

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