An exceptional opportunity to create your custom coastal retreat on this expansive 71’ x 73’ homesite, ideally situated within one of Margate’s most coveted neighborhoods. Just moments from the area’s finest dining and attractions, this premier location offers both exclusivity and convenience. Envision and design your dream residence with ample space to incorporate a private pool, perfectly positioned to capture sweeping bay views and breathtaking sunsets. The existing structure is being sold completely "As Is."
For sale
Price cut: $499K (6/24)
$2,500,000
507 N Union Ave, Margate, NJ 08402
3beds
--sqft
Single Family Residence
Built in ----
5,183 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 107 days |
- 524 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
BRIGID BILOTTA 609-412-3806,
MARKETPLACE REALTY
Source: SJSRMLS,MLS#: 606168
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Features
- Basement: Crawl Space
- Has fireplace: No
Property
Parking
- Total spaces: 3
- Parking features: Garage
- Garage spaces: 2
Lot
- Size: 5,183 Square Feet
- Dimensions: 71 x 73
Details
- Parcel number: 9.02
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Bungalow
- Property subtype: Single Family Residence
Materials
- Vinyl
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Margate
Financial & listing details
- Tax assessed value: $475,000
- Annual tax amount: $8,488
- Date on market: 3/31/2026
- Date available: 03/31/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/24/2026 | Price change | $2,500,000-16.6% |
Source:  SJSRMLS #606168 Report a problem | ||
| 3/31/2026 | Listed for sale | $2,999,000+1478.4% |
Source: SJSRMLS #606168 Report a problem | ||
| 2/5/1998 | Sold | $190,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,113 | $475,000 |
| 2024 | $8,113 +3.5% | $475,000 |
| 2023 | $7,838 +6% | $475,000 |
| 2022 | $7,391 +0.5% | $475,000 |
| 2021 | $7,353 +0.4% | $475,000 |
| 2020 | $7,325 +295.1% | $475,000 |
| 2019 | $1,854 | $475,000 |
| 2018 | $1,854 -71.3% | $475,000 |
| 2017 | $6,461 -19.6% | $475,000 -12% |
| 2016 | $8,032 +1.9% | $539,800 |
| 2015 | $7,881 -0.3% | $539,800 |
| 2014 | $7,903 | $539,800 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 08402
Nearby schools
GreatSchools rating
- 8/10William H. Ross III Intermediate SchoolGrades: PK-4Distance: 0.7 mi
- 9/10Eugene A Tighe Middle SchoolGrades: 5-8Distance: 0.8 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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