3 months on rocket

7 S Hanover Ave, Margate, NJ, 08402

$1,899,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
2,240 SqFt
$848/SqFt
House

Location

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7 S Hanover Ave, Margate City$1,899,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwo Car
Year Built1925
HeatingForced Air
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #589196
StatusActive

About 7 S Hanover Ave

SOUTHSIDE SINGLE-FAMILY HOME! This spacious 4-bedroom, 3-bathroom home boasts 2,240 square feet of potential, offering a great blend of timeless character and modern possibilities. Beautiful hardwood floors and spacious open living! The large bedrooms provide ample space for relaxation, and the master suite features a beautifully updated bath & a good sized private balcony. Located just under two blocks from the beach, and within walking distance to all of Margate's dining and entertainment. The generous backyard features a deck, perfect for entertaining or unwinding after a day at the shore. Plus, with a detached garage and a basement for extra storage, you’ll have plenty of space for all your beach gear and more. Many possibilities here - update this charming home, simply enjoy it as-is, or build your dream home on this nice sized lot. Call today for a private showing.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1925
  • Stories: 2
  • Living Area: 2,240 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Washer
  • Basement: Yes
  • Flooring Type: Hardwood

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Exterior: Curbs, Deck, Porch

Parking Information:

  • Attached Garage: No
  • Parking: Two Car

Lot Features

Lot Information:

  • Lot: Curbs

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Southside Hanover Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,899,000
  • Price Per SqFt: $848/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

$900K

Med. Price/SqFt

$595

Avg. Days On Market

21

# of Sold Homes

13

7 S Hanover Ave vs Margate City

90 DAYS ON ROCKET

+69 Days

$1,899,000

+$999K More

$848/SqFt

+$253 More

KEY TAKEAWAY

This property is $999K more than the Median Sold Price and $253/SqFt more than other homes in Margate City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #589196

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: 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

$9,545

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,760

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-4355172
9
/10

  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 0.26 miles

  • Public District Grades PK-4

school-card-donut-4355173
8
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 0.82 miles

  • Public District Grades PK-4

school-card-donut-4355174
3
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 3.39 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 S Hanover Ave

What is the listing price of this property?

The listing price of 7 S Hanover Ave property is $1,899,000.

What type of property is this?

The property 7 S Hanover Ave is a house located in Margate, New Jersey, 08402.

Is this property for sale now?

Active Listing: 7 S Hanover 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 7 S Hanover Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 7 S Hanover Ave is 2,240 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7 S Hanover Ave is 1925.

Rocket Homes›New Jersey›Atlantic County›Margate City›08402›7 S Hanover Ave

This home is located at 7 S Hanover Ave in Margate, NJ and zip code 08402. This 2,240 square foot home was built in 1925. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $1,899,000.

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 number of homes for sale in Margate City, NJ decreased by 5.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $900,000, while the average time on the real estate market was 21 days.

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

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