3 months on rocket

5 N Monroe Ave, Margate, NJ, 08402

$1,789,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
House

Location

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5 N Monroe Ave, Margate City$1,789,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingThree or More Cars
Attached GarageYes
Year BuiltNew Const.
HeatingNatural Gas
CoolingCeiling Fan(s), Central Air
WaterfrontSee Remarks
FireplaceFamily Room
ViewSee Remarks
MLS #588547
StatusActive

About 5 N Monroe Ave

Welcome to your dream home at 5 N Monroe Unit A! This stunning new construction boasts 4 spacious bedrooms and 3.5 bathrooms, along with a versatile den that's conveniently located on the first floor and provides direct access to the backyard where there is room to entertain and add a pool! You'll be greeted by the timeless beauty that run throughout the residence. The second floor serves as the main living area, featuring a cozy fireplace in the living room and a delightful deck, perfect for relaxing or entertaining. Adjacent to the living room, you'll find a wet bar, adding a touch of luxury to your gatherings. The gourmet eat-in kitchen is a chef's dream, equipped with top-of-the-line appliances and a dining area where you can savor your culinary creations. There's also a bedroom on this level with its own ensuite bathroom and another deck, offering privacy and comfort. On the third floor, you'll discover a spacious primary suite with its own deck, providing a tranquil retreat. The ensuite bathroom is a true masterpiece, featuring a huge shower that's perfect for unwinding after a long day. Additionally, the third floor boasts two large bedrooms with a jack and jill bathroom and the convenience of a washer and dryer. For those who love outdoor living, this property has you covered with an enclosed outdoor shower and a large backyard with a covered area, ideal for outdoor dining and relaxation. Plenty of room to add a pool! Located in the heart of Margate, two short blocks from the beach. This home is just a stone's throw away from all the amazing shopping and restaurants this vibrant community has to offer. Don't miss the opportunity to make this your forever home!

Property Details

Property Features

Property Information:

  • Architectural Style: 3 Story
  • Stories: 3

Listing Office:

  • Office Name: Compass Real Estate-Margate
  • Office Phone: (609) 246-7638

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Vinyl
  • Interior: Bar, Elevator, Security System, Storage, Walk In Closet
  • Fireplace: Family Room

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: See Remarks
  • View: See Remarks
  • Exterior: Curbs, Deck, Fenced Yard, Patio, Sidewalks, Enclosed Outside Shower

Parking Information:

  • Attached Garage: Yes
  • Parking: Three or More Cars

Lot Features

Lot Information:

  • Lot: Curbs, Fencing, Sidewalk

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Ventnor ave to Monroe Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,789,000
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Housing Market Comparison

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

Med. Sold Price

$900K

Med. Price/SqFt

$595

Avg. Days On Market

21

# of Sold Homes

13

5 N Monroe Ave vs Margate City

110 DAYS ON ROCKET

+89 Days

$1,789,000

+$889K More

KEY TAKEAWAY

This property is $889K more than the Median Sold Price in Margate City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #588547

Listing Office:

  • Office Name: Compass Real Estate-Margate
  • Office Phone: (609) 246-7638

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: 12/18/2024, 3:21:01 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

$8,996

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,430

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-4357356
9
/10
  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 1.09 miles

  • Public District Grades PK-4

school-card-donut-4357357
8
/10
  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 1.74 miles

  • Public District Grades PK-4

school-card-donut-4357358
6
/10
  • Seaview Elementary School

  • 2013 Wabash Ave

  • 3.67 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $72,390. The most common annual income of people living in Margate City, NJ is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5 N Monroe Ave

What is the listing price of this property?

The listing price of 5 N Monroe Ave property is $1,789,000.

What type of property is this?

The property 5 N Monroe Ave is a house located in Margate, New Jersey, 08402.

Is this property for sale now?

Active Listing: 5 N Monroe 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 5 N Monroe Ave has 4 bedrooms and 3 full and 1 half bathrooms.

Rocket Homes›New Jersey›Atlantic County›Margate City›08402›5 N Monroe Ave

This home is located at 5 N Monroe Ave in Margate, NJ and zip code 08402. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $1,789,000.

While more than 2 listings in Margate City, NJ in November 2024 were sold above asking price, there were more than 0 listings sold at asking price, and more than 10 were sold below. The inventory of homes for sale in Margate City, NJ between October 2024 and November 2024 decreased by 5.8%. While the average time on the market in November 2024 was 21 days, the median list price was $900,000.

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

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