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Sold for $5,125,000
  • $5,125,000

    407 N Pembroke Ave, Margate City, NJ 08402

    5beds
    --sqft
    Single Family Residence
    Built in 2024
    5,500 Square Feet Lot
    $5,443,100 Zestimate®
    $--/sqft
    $7,673 Estimated rent

    Home value

    $5,443,100

    $4.79M - $6.15M

    $7,673/mo

    Zestimate® history
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    What's special

    In-ground poolTop-of-the line finishesHigh ceilingsMultiple boat slipsBuilt-in bar areaHighest level trim packageMultiple decks
    HIGH-END, LUXURY PARKWAY BAYFRONT NEW CONSTRUCTION BUILT BY REVOLUTION BUILDERS!! INCREDIBLE, ONE-OF-A-KIND CUSTOM ESTATE WITH 5 BEDROOMS, 5.5 BATHS, IN-GROUND POOL, ELEVATOR & LARGE 3RD FLOOR DECK! You will just fall in love with this highly desirable, secluded location-- one of the prettiest streets on the island! Here is your chance to design your custom bayfront home from the ground up! New bulkhead, multiple boat slips, Hardie Board siding, Andersen 400 series windows & multiple decks to enjoy living life on the water! This custom gorgeous interior will feature top-of-the line finishes, high ceilings, the highest level trim package, & gorgeous hardwood flooring throughout. 4 stories of living!! Ground level with attached two-car garage, large storage area for all of your toys, paddleboards, kayaks, bikes & beach chairs plus a beautiful entry foyer. Spectacular, wide-open main floor of living space with high-end, custom kitchen including Sub-Zero/Wolf appliance package, built-in bar area with large Sub-Zero wine fridge, dining area, living room with built-in fireplace, powder room & mud room. Second floor with 3 large bedroom suites each with their own designer tiled baths including a palatial master suite with walk-in closet, large master bath & bayfront deck! Top floor with 2 more bedrooms with ensuite bathrooms and large deck. Walk to the hottest restaurants, stores, Marina boardwalk & more. NEW CONSTRUCTION & BAYFRONT-- THIS COMBINATION IS HARD-TO-FIND!

    Zillow last checked:

    Listing updated:

    Listed by:

    BRIAN HILTNER 609-703-4789,

    BHHS FOX and ROACH-Margate II,

    PAULA HARTMAN 609-487-7234,

    BHHS FOX and ROACH-Margate

    Bought with:

    DANA HARTMAN, 9702902

    Source: SJSRMLS,MLS#: 598940MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Rooms
    • Room types: Den/TV Room, Dining Area, Laundry
    Heating
    • Forced Air, Natural Gas, Multi-Zoned
    Cooling
    • Central Air, Electric, Multi-Zoned
    Appliances
    • Included: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
    Features
    • Bar, Carbon Monoxide Detector, Elevator, Kitchen Island, Storage, Walk-In Closet(s), Eat-in Kitchen
    • Flooring: Hardwood, Tile
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Built-In, Gas Log

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage, Attached Garage, Auto Door Opener, See Remarks
    • Attached garage spaces: 2
    Accessibility
    • Accessibility features: Elevator
    Features
    • Levels: 3 Story
    • Stories: 3
    • Patio & porch: Deck
    • Exterior features: Boat Slip, Deck, Fenced Yard, Outdoor Shower, Pool-In Ground, Sprinkler System
    • Pool features: In Ground
    • Fencing: Fenced
    • Has view: Yes
    • View description: Bay, Lagoon Front, Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Bay Front, Lagoon Front
    • Frontage type: Bay/Harbor,Lagoon/Estuary
    Lot
    • Size: 5,500 Square Feet
    • Dimensions: 55' x 100'
    Details
    • Additional structures: Storage
    • Parcel number: /

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • See Remarks
    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
    • Subdivision: Parkway Section
    Location
    • Region: Margate City

    Financial & listing details

    • Tax assessed value: $1,123,800
    • Annual tax amount: $19,195
    • Date on market: 8/4/2025
    • Date available: 08/04/2025

    Price history

    DateEventPrice
    10/24/2025Sold$5,125,000-5.1%
    Source: SJSRMLS #598940 Report a problem
    9/29/2025Pending sale$5,399,999
    Source: SJSRMLS #598940 Report a problem
    8/4/2025Price change$5,399,999-1.8%
    Source: SJSRMLS #598940 Report a problem
    5/27/2025Price change$5,499,999-1.8%
    Source: SJSRMLS #596656 Report a problem
    5/7/2025Price change$5,599,000-0.9%
    Source: SJSRMLS #595970 Report a problem
    4/1/2025Price change$5,650,000-1.7%
    Source: SJSRMLS #594772 Report a problem
    6/14/2023Price change$5,750,000+77%
    Source: SJSRMLS #574962 Report a problem
    6/6/2023Price change$3,249,000-17.7%
    Source: SJSRMLS #574678 Report a problem
    5/1/2023Price change$3,950,000-31.3%
    Source: SJSRMLS #573571 Report a problem
    5/1/2023Price change$5,750,000+45.6%
    Source: SJSRMLS #573570 Report a problem
    10/28/2022Price change$3,950,000+5.3%
    Source: SJSRMLS #563217 Report a problem
    7/2/2022Price change$3,750,000-34.8%
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #563217 Report a problem
    5/21/2022Price change$5,750,000+53.3%
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #562928 Report a problem
    5/20/2022Price change$3,750,000-34.8%
    Source: SJSRMLS #563217 Report a problem
    5/13/2022Listed for sale$5,750,000
    Source: SJSRMLS #562928 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,195 +78%$1,123,800 +78%
    2024$10,784 $631,400
    Find assessor info on the county website

    Neighborhood: 08402

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $5,443,100
    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
    $5,443,100