3 months on rocket

429 N Pembroke Ave, Margate, NJ, 08402

$7,200,000

4 Bedrooms
3 Full Baths, 1 Partial
3,740 SqFt
$1,925/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
ParkingThree or More Cars
Garage3 spaces
Year Built1999
HeatingNatural Gas, Zoned, Radiant, Other
CoolingCentral Air, Zoned
WaterfrontBay Front, Lagoon, See Remarks, Waterfront
FireplaceBuilt-In, See Remarks
ViewBay, Lagoon, See Remarks, Water
MLS #587936
StatusActive

About 429 N Pembroke Ave

A "ONCE IN A LIFETIME" REAL ESTATE OPPORTUNITY HAS PRESENTED ITSELF. Located in Margate's very desirable Parkway Section and situated on the iconic Orient lagoon sits this landmark style property. Boasting 134’ feet of waterfront property, the existing home was custom built approximately 25 years ago and has been impeccably maintained throughout the years. Exterior features: include: Dual side yard, Zen like gardens, perhaps the largest waterfront deck on the island featuring ipe deck boards, custom railing system and providing forever, stunning water views. For the true car enthusiast, the 3 car garage will fit beautifully into your lifestyle. The boating enthusiast will marvel at the 4 large slips and 45’ floating docs complete with ipe decking. Upon entering through the double doors it becomes readily apparent of the architectural creativity and deep thought that went into the beautifully functioning floor plan an overall design which focuses on the forever bay and lagoon views. As you approach the main living space, you are greeted with a wall of glass exemplifying the stunning water views. To the left you enter into the great room featuring soaring 25’ ceilings with custom window coverings and custom built-ins. Just down the hall, you will find a full bath featuring designer fixtures, large walk-in shower with frameless glass surround which leads into the home office area also, offering soaring ceilings. The large dining room has easy access to the lagoon front deck and is adjacent to the gourmet style custom kitchen, highlighted with a fabulous ceiling detail, large island area, fully custom cabinetry, and built-ins with glass fronts. From the kitchen you will find a convenient half bath which flows seamlessly into the butlers pantry that is accessible through the large private home office complete with handmade custom built in. The 2nd level of the exquisite home features 3 gracious bedrooms and fully tiled costume bath. The primary suite is large but cozy boasting soaring ceilings, double sided fireplace that leads into the primary bath which is highlighted with a large built-in Jacuzzi tub, walk-in shower and private water closet. The adjacent large sitting area overlooks the great room and features deck access allowing for direct and forever water views. The master closet room is approximately 18 x 15 and resembles a small boutique store. Property has a multi zone HVAC system alog with multi zone radiant floor heat system. The options here are truly endless, develop the 134 x 100 lot and create a multigenerational, landmark style home for the ages. Create a conforming lot of 50x100’ to sell off and develop the remaining 84’ x 100‘ lot for your personal Margate waterfront getaway. Or, create 2 oversized lots, 67’ x100’, and that point, sell 1 off to subsidize your Margate waterfront home. Property being sold in "as is" condition and buyer is responsible to perform any and all due diligence. Seller makes no representations or guarantees of the condition of the property.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1999
  • Stories: 2
  • Living Area: 3,740 SqFt

Listing Office:

  • Office Name: BHHS FOX and ROACH-Margate
  • Office Phone: (609) 822-4200

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Hardwood, Tile
  • Interior: Carbon Monoxide Detector, Cathedral Ceiling, Kitchen Center Island, Smoke/Fire Alarm, Walk In Closet
  • Fireplace: Built-In, See Remarks

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Lagoon, See Remarks, Waterfront
  • View: Bay, Lagoon, See Remarks, Water
  • Exterior: Boat Slip, Deck, Sidewalks

Parking Information:

  • Garage Space: 3 spaces
  • Parking: Three or More Cars

Virtual/3D Tour

  • Virtual Tour: 429 N Pembroke Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Boat Slip, Sidewalk

Utilities

Utilities Information:

  • Heating: Natural Gas, Zoned, Radiant, Other
  • Cooling: Central Air, Zoned

Other

Directions Information:

  • Directions: .

Price Information

Listing Price Info

Price Summary:

  • List Price: $7,200,000
  • Price Per SqFt: $1,925/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

429 N Pembroke Ave vs Margate City

98 DAYS ON ROCKET

+57 Days

$7,200,000

+$6.3M More

$1,925/SqFt

+$1.3K More

KEY TAKEAWAY

This property is $6.3M more than the Median Sold Price and $1.3K/SqFt more than other homes in Margate City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #587936

Listing Office:

  • Office Name: BHHS FOX and ROACH-Margate
  • Office Phone: (609) 822-4200

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

$36K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$21.6K

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-319615
9
/10
  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 0.50 miles

  • Public District Grades PK-4

school-card-donut-319616
8
/10
  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 1.05 miles

  • Public District Grades PK-4

school-card-donut-319617
5
/10
  • Northfield Community Elementary School

  • 2000 New Rd

  • 3.61 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,385. Residents of Margate City, NJ typically earn between $35k-100k each year. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 429 N Pembroke Ave

What is the listing price of this property?

The listing price of 429 N Pembroke Ave property is $7,200,000.

What type of property is this?

The property 429 N Pembroke Ave is a house located in Margate, New Jersey, 08402.

Is this property for sale now?

Active Listing: 429 N Pembroke 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 429 N Pembroke Ave has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 429 N Pembroke Ave is 3,740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 429 N Pembroke Ave is 1999.
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Rocket HomesNew JerseyAtlantic CountyMargate City08402429 N Pembroke Ave

This home is located at 429 N Pembroke Ave in Margate, NJ and zip code 08402. This 3,740 square foot home was built in 1999. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 11, 2024 and is currently priced at $7,200,000.

While more than 4 listings in Margate City, NJ in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 15 were sold below. The number of homes for sale in Margate City, NJ decreased by 3.6% between September 2024 and October 2024. In October 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $860,000.

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

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