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Sold for $3,325,000
  • $3,325,000

    437 N Rumson Ave, Margate, NJ 08402

    6beds
    3,346sqft
    Single Family Residence
    Built in 2010
    7,200 Square Feet Lot
    $3,456,100 Zestimate®
    $994/sqft
    $7,581 Estimated rent

    Home value

    $3,456,100

    $3.08M - $3.91M

    $7,581/mo

    Zestimate® history
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    What's special

    Natural wood burning fireplaceSoaring ceilingsResort style sanctuaryCoastal flairDual dishwashersProfessional range hoodCovered front porch
    Luxury fully customized executive style home built by Mark Gallagher, one of the islands most sought after and respected developers. Located in Margate’s premier neighborhood, “The Parkway Section” on a large 90x80 foot lot and beautifully positioned across the street from the intersection of the sunset lagoon and the open bay, allowing for stunning water views. The exterior motif of the property blends the old world charm of English Tudor design with a coastal flair one would expect in our upscale shore community. The grand brick and stone entranceway offers dual access to the covered front porch leading to the shaker style radius front door with functioning side lights. The expansive 1st level of the center hall home is elegant yet casual featuring a beautifully functioning floor plan. To the right is a large family area anchored by an oversized gas fireplace, complete with custom wood mantle and black mat granite surround, and hearth with built in shelving units. The newly refurbished gourmet chefs kitchen features a 60 inch wolf restaurant style range with griddle and professional range hood, fully inset, soft close cabinetry, built in Miele (hard-plumbed) coffee maker, dual dishwashers, and GE monogram stainless steel side-by-side refrigerator. The large center island is perfect for casual dining and boasts a prep sink, with 2nd disposal and built-in microwave. Natural stone countertop is as beautiful as is durable and shows off the marble subway tile backsplash perfectly. The Bayside of the property features 2 large guest bedrooms with a custom Jack and Jill bathroom complete with large walk-in shower, glass barn style doors, rain head, handheld wand, bench, and niche. The Toto wash let bidet commode in (4 of 5 BR) is top-of-the-line along with the wall hung designer vanity. An extra large butler’s pantry/mudroom and full bath round out the 1st level. The 2nd level features 3 generous guest bedrooms, 1 being a ensuite with the 2 remaining sharing a fully custom bath highlighted with double vanity, matching built-in medicine cabinets, walk-in shower with full glass surround, and Toto wash let commode. The primary suite highlights include soaring ceilings, dynamic water views, enormous walk-in closet with professional fit outs. The primary bathroom is luxury at it’s finest and offers a large soaking tub with antique hand held spray, double vanities featuring storage tower and Toto toilet with bidet. Not to be outdone, the fully privatized rear entertaining space is amongst the finest on all of the island and features lush, manicured and mature landscaping creating a resort style sanctuary. You will truly be amazed at the sheer size and functionality of the covered entertaining paved deck, which spans approximately 40’ and can easily accommodate 25+ guests. It is highlighted with a natural wood burning fireplace, complete with gas igniter and overlooks 10 x 24 swimming pool, which is adjoined via waterfall to an 8 person circular spa. An outside shower and garage round out this magnificent masterpiece. Newer carpeting and hardwoods as well as imported mahogany custom casement windows complete this spectacular home.

    Zillow last checked:

    Listing updated:

    Listed by:

    TROY ROSENZWEIG 609-209-4495,

    BHHS FOX and ROACH-Margate,

    Andrew Garber 856-906-9393,

    BHHS FOX and ROACH-Margate

    Bought with:

    TROY ROSENZWEIG, 9702902

    Source: SJSRMLS,MLS#: 599421MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 5
    • Full bathrooms: 5
    Rooms
    • Room types: Dining Area, Great Room, Laundry, Recreation/Family
    Heating
    • Forced Air, Natural Gas, Multi-Zoned
    Cooling
    • Ceiling Fan(s), Central Air, Electric, Multi-Zoned
    Appliances
    • Included: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Cathedral Ceiling(s), Carbon Monoxide Detector, Kitchen Island, Storage, Walk-In Closet(s), Eat-in Kitchen, In-Law Floorplan, Pantry
    • Flooring: Hardwood, Tile
    • Has basement: No
    • Has fireplace: Yes
    • Fireplace features: Built-In, Family Room, More Than 1, See Remarks
    Interior area
    • Total structure area: 3,346
    • Total interior livable area: 3,346 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio, Porch
    • Exterior features: Deck, Fenced Yard, Outdoor Shower, Patio, Pool-In Ground, Porch, Sprinkler System, Whirlpool/Spa
    • Pool features: In Ground
    • Has spa: Yes
    • Spa features: Whirlpool/Spa
    • 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: 7,200 Square Feet
    • Dimensions: 90 x 80
    Details
    • Additional structures: Storage
    • Parcel number: 3

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Stone, See Remarks
    Condition
    • New construction: No
    • Year built: 2010

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

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

    Financial & listing details

    • Price per square foot: $994/sqft
    • Tax assessed value: $976,500
    • Annual tax amount: $16,679
    • Date on market: 7/31/2025
    • Date available: 07/31/2025

    Price history

    DateEventPrice
    1/8/2026Sold$3,325,000-8.9%$994/sqft
    Source: SJSRMLS #599421 Report a problem
    9/27/2025Pending sale$3,650,000$1,091/sqft
    Source: SJSRMLS #599421 Report a problem
    8/19/2025Listed for sale$3,650,000+41.7%$1,091/sqft
    Source: SJSRMLS #599421 Report a problem
    6/6/2021Listing removed--
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS Report a problem
    2/26/2021Listed for sale$2,575,000+90.7%$770/sqft
    Source: BHHS FOX and ROACH-Margate #547668 Report a problem
    10/17/2012Sold$1,350,000-9.4%$403/sqft
    Source: Public Record Report a problem
    8/28/2012Price change$1,490,000-11.8%$445/sqft
    Source: Prudential Fox and Roach #397216 Report a problem
    7/3/2012Listed for sale$1,690,000+177%$505/sqft
    Source: Prudential Fox and Roach #397216 Report a problem
    4/2/2009Sold$610,000+7%$182/sqft
    Source: Public Record Report a problem
    4/25/2005Sold$570,000$170/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$16,679 $976,500
    2024$16,679 +3.5%$976,500
    2023$16,112 +6%$976,500
    2022$15,194 +0.5%$976,500
    2021$15,116 +0.4%$976,500
    2020$15,058 -1.3%$976,500
    2019$15,263 $976,500
    2018$15,263 -0.1%$976,500
    2017$15,282 +5.2%$976,500
    2016$14,530 +1.9%$976,500
    2015$14,257 -0.3%$976,500
    2014$14,296 +9.7%$976,500
    2012$13,027 +4.4%$976,500
    2011$12,480 +68.5%$976,500 +69.2%
    2010$7,408 +3.1%$577,200 -2.8%
    2009$7,189 +2.5%$594,100
    2008$7,010 -2%$594,100
    2007$7,153 $594,100
    2006-- $594,100 +163.9%
    2005-- $225,100
    2004-- $225,100
    2003-- $225,100
    2002-- $225,100
    2001-- $225,100
    Find assessor info on the county website

    Neighborhood: 08402

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,456,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,456,100