Skip main navigation
Sold for $2,000,000
  • $2,000,000

    8 N Lancaster Ave, Margate, NJ 08402

    5beds
    --sqft
    Single Family Residence
    Built in 1930
    6,880 Square Feet Lot
    $2,495,500 Zestimate®
    $--/sqft
    $5,296 Estimated rent

    Home value

    $2,495,500

    $2.27M - $2.79M

    $5,296/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $5,296/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $5,296/mo

    Rent Zestimate®

    Refinance and save

    $11,755/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $11,755/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Welcome to your new home in the charming Parkway Section of Margate, NJ – one of the most sought-after areas along the South Jersey Shore. Nestled on a stunning oversized lot measuring 80x86, this property offers a rare opportunity to own a piece of paradise with endless possibilities. Boasting 5 bedrooms and 3.5 bathrooms, this home exudes charm and versatility. The enclosed porch area, currently utilized as an office, presents a flexible space ideal for additional entertainment or relaxation. Step into the expansive sunroom at the rear of the home – a tranquil retreat perfect for savoring your morning coffee, indulging in a good book, or simply basking in the serenity of your spacious tree-lined and beautifully landscaped yard. Discover the luxurious features throughout, including a dry sauna in the basement, updated kitchen with granite countertops, tiled backsplash, stainless steel JennAir appliances, wine cooler, and a built-in gas stove top. The kitchen seamlessly flows into the laundry room, adorned with tiled flooring. Upstairs, retreat to the primary bedroom with its private Trex deck. The en-suite bathroom provides a serene escape, while two additional bedrooms and another full bathroom complete this level. Ascend the stairs to find two more bedrooms, with original hardwood floors awaiting beneath the carpet. Recent upgrades include the replacement of all three AC units, ensuring comfort and efficiency. Built in 1930, this home seamlessly blends historic charm with modern luxury. Enjoy the convenience of being within walking distance to the beach and surrounded by all that Margate has to offer. This oversized lot offers plenty of space to add a pool and turn this home your own private oasis. Whether you're ready to move right in or eager to build the home of your dreams, don't miss this rare opportunity to create lasting memories in a place you'll love for years to come!

    Zillow last checked:

    Listing updated:

    Listed by:

    Matthew Pauls 609-992-2377,

    Compass New Jersey-Ocean City (O463E)

    Bought with:

    VINCENT NOVELLI, 1969818

    Source: SJSRMLS,MLS#: 585073MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas
    Cooling
    • Ceiling Fan(s), Central Air, Multi-Zoned
    Appliances
    • Included: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Kitchen Island, Sauna, Eat-in Kitchen, Pantry
    • Flooring: Hardwood, Tile, W/W Carpet
    • Basement: 6 Ft. or More Head Room,Inside Entrance,Outside Entrance
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 3
    • Parking features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Deck, Patio, Porch, Porch Enclosed
    • Exterior features: Deck, Fenced Yard, Outdoor Shower, Patio, Porch, Porch Enclosed, Sprinkler System
    • Fencing: Fenced
    Lot
    • Size: 6,880 sqft
    • Dimensions: 80 x 86
    Details
    • Parcel number: 213.01

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Margate
    • Subdivision: Parkway Section

    Other

    Other facts
    • Available date: 05/10/2024

    Price history

    DateEventPrice
    9/16/2024Sold$2,000,000-13%
    Source: SJSRMLS #585073 Report a problem
    6/27/2024Pending sale$2,300,000
    Source: SJSRMLS #585073 Report a problem
    5/10/2024Listed for sale$2,300,000+187.9%
    Source: SJSRMLS #585073 Report a problem
    5/1/2012Listing removed$799,000
    Source: Prudential Fox & Roach Realtors Report a problem
    2/1/2012Listed for sale$799,000-11.1%
    Source: Prudential Fox and Roach #389638 Report a problem
    2/19/2011Listing removed$899,000
    Source: RE/MAX Platinum Properties Report a problem
    1/16/2010Price change$899,000-8.2%
    Source: RE/MAX Platinum Properties #353069 Report a problem
    9/27/2009Listed for sale$979,000+110.5%
    Source: RE/MAX Platinum Properties #353069 Report a problem
    12/6/2000Sold$465,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,603 -31.1%$503,700 -31.1%
    2024$12,494 +3.5%$731,500
    2023$12,070 +6%$731,500
    2022$11,382 +0.5%$731,500
    2021$11,324 +0.4%$731,500
    2020$11,280 -1.3%$731,500
    2019$11,433 $731,500
    2018$11,433 -0.1%$731,500
    2017$11,448 +5.2%$731,500
    2016$10,885 +1.9%$731,500
    2015$10,680 -0.3%$731,500
    2014$10,709 +6.6%$731,500
    2013$10,044 $731,500

    Find assessor info on the county website

    Neighborhood: 08402

    Nearby schools

    GreatSchools rating
    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
    $2,495,500
    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
    $2,495,500