2 months on rocket

103 S Franklin Ave, Margate, NJ, 08402

$3,995,000

5 Bedrooms
3 Full Baths, 1 Partial
2,800 SqFt
$1,427/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingThree or More Cars
Year Built2017
HeatingForced Air, Zoned
CoolingCeiling Fan(s), Central Air, Zoned
WaterfrontWaterfront
FireplaceLiving Room
ViewWater
Private PoolYes
MLS #589096
StatusActive

About 103 S Franklin Ave

*NEW PRICE* Enjoy MARGATE, BEACH BLOCK living with POOL, ELEVATOR ! Located just 3rd home from the beach & custom built in 2017 by Piraino Builders. This home exudes a coastal style and many amenities & upgrades -5 Bedrooms (5th bedroom on plan is currently used as a loft with wet bar) 3 Full baths, Powder room and 2 laundries. Exterior is finished with James Hardie cement siding, mahogany porch ceilings & beautifully crafted barrel ceilings, natural stacked stone accents & blue stone porch, spray foam insulation, glass insert railings, Anderson windows & custom Andersen arched doors, Azek bead board & column details, built in outdoor tiled shower & 8x10 storage shed, 3 off street parking spots with convenient exterior elevator stop and electric car charger. Rear of property includes paver patio, natural gas line, in ground heated gunite pool w/ raised wall, waterfalls, Iphone connectivity and keyless rear access to first level. The first floor shows beautifully with an open concept kitchen/living/dining, custom millwork package consisting of wainscoting, coffered ceiling, gas vented fireplace, decorative mantle and marble surround. Kitchen includes SubZero/Wolf paneled appliance package (36" gas range with burners, 36" French door paneled fridge, paneled dishwasher, paneled double fridge drawers microwave drawer), large island plus peninsula with convenient workstation. First floor den fitted out with built ins to allow for plenty of storage/dry bar & built in drop station for bags, shoes & towels, a farmhouse style powder room & convenient stackable W/D for pool & beach items. The second floor is comprised of two generous sized bedrooms which share a tub bathroom, oversized vanity with dual faucets & natural marble, full sized laundry room fitted out with washer/dryer, cabinets, farm sink & folding area and storage cabinets. The Primary bedroom sits upfront with direct ocean views & independent deck access. Large WIC, custom bench seats in the bay windows and Somfy electronic shades. The primary bathroom is finished with classic details throughout, some of the amenities include dual sinks with storage tower and makeup counter, direct ocean views, separate water closet, marble with floor inlays and upgraded thermostatic shower system with bench and body sprays. Up to the 3rd floor, one generous sized bedroom, full bath, loft (or a 5th bedroom) with direct ocean views & wet bar. Dimmers- speakers- cameras- alarm- closet fit outs- very REASONABLE TAXES for beach block with all of these amenities- custom window treatments. Beautifully upgraded and ready for enjoyment! See virtual tour!

Property Details

Property Features

Property Information:

  • Architectural Style: 3 Story
  • Year Built: 2017
  • Stories: 3
  • Living Area: 2,800 SqFt

Listing Office:

  • Office Name: NEW ERA REAL ESTATE-B
  • Office Phone: (609) 822-3300

Interior Features

Interior Information:

  • Appliances: Security System, Disposal, Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Washer
  • Flooring Type: Hardwood, Marble, Tile
  • Interior: Bar, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Waterfront: Waterfront
  • View: Water
  • Exterior: Deck, Fenced Yard, Outside Shower, Patio, Pool-In Ground, Shed, Sidewalks, Sprinkler System, Enclosed Outside Shower

Parking Information:

  • Attached Garage: No
  • Parking: Three or More Cars

Virtual/3D Tour

  • Virtual Tour: 103 S Franklin Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Fencing, Sidewalk, Sprinklers

Utilities

Utilities Information:

  • Heating: Forced Air, Zoned
  • Cooling: Ceiling Fan(s), Central Air, Zoned

Other

Directions Information:

  • Directions: Beach Block Franklin Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,995,000
  • Price Per SqFt: $1,427/SqFt
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Housing Market Comparison

See how this home compares to others in Margate City, NJ.

Med. Sold Price

$860K

Med. Price/SqFt

$582

Avg. Days On Market

41

# of Sold Homes

29

103 S Franklin Ave vs Margate City

63 DAYS ON ROCKET

+22 Days

$3,995,000

+$3.1M More

$1,427/SqFt

+$844 More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price and $844/SqFt more than other homes in Margate City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #589096

Listing Office:

  • Office Name: NEW ERA REAL ESTATE-B
  • Office Phone: (609) 822-3300

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The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$20K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$12K

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-349261
9
/10
  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 0.37 miles

  • Public District Grades PK-4

school-card-donut-349262
8
/10
  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 0.74 miles

  • Public District Grades PK-4

school-card-donut-349263
3
/10
  • Brighton Avenue School

  • 30 N Brighton Ave

  • 3.19 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,115. The majority of Margate City, NJ residents have income between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 103 S Franklin Ave

What is the listing price of this property?

The listing price of 103 S Franklin Ave property is $3,995,000.

What type of property is this?

The property 103 S Franklin Ave is a house located in Margate, New Jersey, 08402.

Is this property for sale now?

Active Listing: 103 S Franklin Ave is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 103 S Franklin Ave has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 103 S Franklin Ave is 2,800 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 103 S Franklin Ave is 2017.
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Rocket Homes›New Jersey›Atlantic County›Margate City›08402›103 S Franklin Ave

This home is located at 103 S Franklin Ave in Margate, NJ and zip code 08402. This 2,800 square foot home was built in 2017. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since September 14, 2024 and is currently priced at $3,995,000.

Over 4 listings were sold over their listed price in October 2024 in Margate City, NJ. In the same period over 15 listings were sold below the listed price and 2 listings were sold for the listed price. Between September 2024 and October 2024, Margate City, NJ real estate market has seen decrease in the number of listings by 3.6%. In October 2024 median list price was $860,000 and the average listing age was 41 days.

From Rocket Homes Real Estate and based on county public records data.

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