7 months on rocket

111 S Decatur Ave, Margate, NJ, 08402

$1,799,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
1,264 SqFt
$1,423/SqFt
House

Location

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111 S Decatur Ave, Margate City$1,799,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOne Car
Garage1 space
Year Built1987
HeatingElectric
CoolingCeiling Fan(s), Central Air
WaterfrontOcean Front, Waterfront
ViewOcean, Water
MLS #584073
StatusActive

About 111 S Decatur Ave

Breathtaking Oceanfront Living. Indulge in the epitome of coastal luxury with this stunning 3-story contemporary condo boasting 3 bedrooms, 2.5 baths, and direct beach access in the prestigious Margate area. Step into a realm of modern sophistication where chic interior design meets natural finishes, creating an ambiance that revitalizes the senses. Nestled adjacent to iconic landmarks such as "Lucy the Elephant" and Ventura's Greenhouse, this residence offers more than just a home—it's a gateway to a vibrant lifestyle. Casual dining, shopping, and pristine, protected beaches are mere moments away, promising the quintessential island vacation experience. Designed to prioritize comfort and privacy, the layout ensures ample space for both family and guests to unwind and create lasting memories. Savor breathtaking views from the expansive rooftop deck, complete with a wet bar—ideal for entertaining under the evening sky or soaking up the morning sun in blissful solitude. Enjoy a garage for parking and two additional storage areas, providing ample space for all your beach essentials. Beyond its allure as a dream home, this property presents a lucrative investment opportunity, whether as a vacation rental or a permanent residence. Don't miss your chance to experience the magic of oceanfront living in Margate—schedule your viewing today! Property is rented for the summer till September 31

Property Details

Property Features

Property Information:

  • Architectural Style: 3 Story
  • Year Built: 1987
  • Stories: 3
  • Living Area: 1,264 SqFt

Listing Office:

  • Office Name: FARLEY and FERRY REALTY, INC
  • Office Phone: (609) 822-1836

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Stove, Refrigerator, Self Cleaning Oven
  • Interior: Bar, Kitchen Center Island, Skylight(s)

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Ocean Front, Waterfront
  • View: Ocean, Water
  • Exterior: Deck, Patio

Parking Information:

  • Garage Space: 1 space
  • Parking: One Car

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Beachfront on Decatur.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,799,000
  • Price Per SqFt: $1,423/SqFt
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Housing Market Comparison

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

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Margate City, NJ

City

Med. Sold Price

$860K

Med. Price/SqFt

$582

Avg. Days On Market

41

# of Sold Homes

29

111 S Decatur Ave vs Margate City

219 DAYS ON ROCKET

+178 Days

$1,799,000

+$939K More

$1,423/SqFt

+$840 More

KEY TAKEAWAY

This property is $939K more than the Median Sold Price and $840/SqFt more than other homes in Margate City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #584073

Listing Office:

  • Office Name: FARLEY and FERRY REALTY, INC
  • Office Phone: (609) 822-1836

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

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

$9,046

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,460

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-385207
9
/10

  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 0.87 miles

  • Public District Grades PK-4

school-card-donut-385208
8
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 1.52 miles

  • Public District Grades PK-4

school-card-donut-385209
6
/10

  • Seaview Elementary School

  • 2013 Wabash Ave

  • 4.01 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,443. The majority of Margate City, NJ residents have income between $35k-100k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 111 S Decatur Ave

What is the listing price of this property?

The listing price of 111 S Decatur Ave property is $1,799,000.

What type of property is this?

The property 111 S Decatur Ave is a house located in Margate, New Jersey, 08402.

Is this property for sale now?

Active Listing: 111 S Decatur 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 111 S Decatur Ave has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 111 S Decatur Ave is 1,264 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 111 S Decatur Ave is 1987.

Rocket Homes›New Jersey›Atlantic County›Margate City›08402›111 S Decatur Ave

This home is located at 111 S Decatur Ave in Margate, NJ and zip code 08402. This 1,264 square foot home was built in 1987. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 11, 2024 and is currently priced at $1,799,000.

Margate City, NJ housing market in October 2024 saw over 4 listings sold above listed price, more than 2 sold at listed price and over 15 sold below. Between September 2024 and October 2024, Margate City, NJ real estate market has seen decrease in the number of listings by 3.6%. Listings spent 41 days on the market in October 2024, and had a median list price of $860,000 during the same period.

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

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