1 South Sumner Avenue

Sold 8/8/26

Sold

Last Sold Price

$7,799,000

7 beds7 baths

1 S Sumner Ave, Margate City, NJ 08402

Single FamilyProperty Type

0.17 acresLot Size

4 carsParking Spaces

Description

Step into unparalleled elegance with this custom-built home completed in 2023, perfectly situated at the corner of Ventnor and Sumner Avenue—just one block from the beach and walking distance to Margate’s best shopping and dining, including Tomatoes, Tideline, Sofia’s, Lambertis, and more. This exceptional residence combines sophistication, scale, and thoughtful design to create a lifestyle unlike any other. Boasting 5,583 square feet of interior living space, plus over 1,600 square feet of recreation...Step into unparalleled elegance with this custom-built home completed in 2023, perfectly situated at the corner of Ventnor and Sumner Avenue—just one block from the beach and walking distance to Margate’s best shopping and dining, including Tomatoes, Tideline, Sofia’s, Lambertis, and more. This exceptional residence combines sophistication, scale, and thoughtful design to create a lifestyle unlike any other. Boasting 5,583 square feet of interior living space, plus over 1,600 square feet of recreation and bonus areas, this four-story masterpiece features 7 bedrooms and 6.5 bathrooms, each crafted with meticulous attention to detail. Every element of the home has been designed to deliver comfort, style, and modern luxury, with seamless integration of technology via a Control4 smart home system that manages lighting, climate, security, and entertainment with ease. Enter through a bright, welcoming foyer with high ceilings and a glass-railed staircase that leads to the upper levels. A private elevator services all floors, ensuring effortless access throughout the home. The open-concept living room features one of the home’s most impressive features—a unique double-sided fireplace, offering warmth and ambiance both inside and on the wraparound deck, perfect for entertaining or relaxing. The chef’s kitchen is a culinary dream, with a double oven, oversized quartzite island, walk-in pantry, sleek cabinetry, and a built-in smart water dispenser. Sliding doors from the kitchen and living room flow to the deck, creating an effortless indoor-outdoor connection. This level also includes a bedroom with a full bathroom and a stylish home office. Upstairs, four bedrooms with private bathrooms provide luxurious accommodations, including a primary suite with a private deck and spa-inspired bath featuring gold fixtures and marble-look tilework. A laundry room and a coffee/bar station with a wine fridge add convenience and style. The top level offers two more bedrooms, a full bath, and an additional coffee/bar station with a wine fridge, ideal for guests or older children. The first floor is designed for entertainment, with a spacious living area overlooking the pool, built-in grill, ample space for alfresco dining, and a generous veranda. The backyard also features a spa, outdoor shower, and pristine landscaping, creating the perfect retreat. This is more than a house—it is a luxury, custom-built residence in the heart of Margate’s Parkway section, offering unmatched craftsmanship, technology, and style. Experience this extraordinary home—schedule your private tour today.

Listing Agent

Linda Novelli
Listing Agent
Compass Real Estate-Margate
P: (609) 839-3715
Call Text

Listing closed: 08/08/2026 03:00 AM • Source: SJSRMLS, MLS#: 608393

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Location

Sold By Soleil Sotheby's International Realty - A

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$45,802 per month

30 year fixed, 7.03% Interest

Principal and Interest

$41,635

Property Taxes

$4,167

HOA Dues

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Property Information for 1 South Sumner Avenue

Property Details

Taxes: $50,000 / year
MLS Type: RESIDENTIAL / Single Family
County: Atlantic County
City/Community: Margate
Class: RESIDENTIAL
Parking - Exterior: Two Car
Waterfront (Y/N): No

Building Information

Lot Size: 0.17 AC / 7,200 SF

Summary

Location and General Information

Address: 1 S Sumner Ave
Address Direction: S

Address Number: 1
Address Search Number: 1
Address Street: Sumner
Area: Margate City
County: Atlantic
Directions: Corner of Sumner Ave. and Ventnor Ave.
Fips Code: 34001
Location: Corner, See Remarks
State: NJ
Street Designation: Ave
Style: 3 Story
Zip: 08402

Parking

Garage: Two Car

Taxes and HOA Information

Homeowners Assoc Fee: $0
LVT Date: 05-30-2026

Tax Year: 2025
Taxes: 50000

Property

Lot Information

Approved Short Sale?: N/A
Block #: 119

Lot #: 1
Lot Dimensions: 80x90
Lot Size: Less than One Acre

Property and Assessments

Associated Document Count: 1
Doc Timestamp: 05-30-2026

Total Assessment: 2798000
Water: Public
Adult Community/55+: No

Utilities

Full Baths: 6
Sewer: Public Sewer

Water Heater: Gas, Tankless-gas

Interior and Exterior Features

Exterior Features

Driveway: Concrete, Stone
Outside Features: Cabana, Curbs, Deck, Fenced Yard, Outside Shower, Patio, Pool-In Ground, Sidewalks, Sprinkler System, Whirlpool/Spa, Enclosed Outside Shower

Siding/Exterior: Vinyl
Storms/Screens: Combination

Interior Features

Air Conditioning: Attic Fan, Ceiling Fan(s), Central, Gas
Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer

Bedrooms: 7
Fireplace: Built-In
Flooring: Hardwood, Tile
Half Baths: 1
Heating: Forced Air, Gas-Natural
Interior Features: Bar, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet, Whirlpool
Other Rooms: Den/TV Room, Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Library/Study, Pantry, Recreation/Family, Storage Attic
Rooms: 14

Multi Family

Multi-Family Information

Limited Service (Y/N): No

Property History for 1 South Sumner Avenue

Date	Event & Source	Price	Appreciation
Aug 8, 2026	Closed SJSRMLS #608393	$7,799,000	—
Jul 31, 2026	Closed (Public Record) Public Record #149650761	$7,799,000	—
Jun 13, 2026	Pending SJSRMLS #608393		—
May 30, 2026	Withdrawn SJSRMLS #602741	$8,999,000	—
May 30, 2026	Listed (Active) SJSRMLS #608393	$8,999,000	—
Nov 28, 2025	Listed (Active) SJSRMLS #602741	$8,999,000	—
Jul 25, 2020	Closed SJSRMLS #536610	$1,450,000	—
Jul 24, 2020	Closed BRIGHT #NJAC113592	$1,450,000	—
Jul 3, 2020	Pending SJSRMLS #536610		—
Jul 3, 2020	Pending BRIGHT #NJAC113592		—
May 6, 2020	Listed (Active) BRIGHT #NJAC113592	$1,635,000	—
May 5, 2020	Listed (Active) SJSRMLS #536610	$1,635,000	—

Date	Event & Source	Price
08/08/2026	Closed SJSRMLS #608393	$7,799,000
07/31/2026	Closed (Public Record) Public Record #149650761	$7,799,000
06/13/2026	Pending SJSRMLS #608393	—
05/30/2026	Withdrawn SJSRMLS #602741	$8,999,000
05/30/2026	Listed (Active) SJSRMLS #608393	$8,999,000
11/28/2025	Listed (Active) SJSRMLS #602741	$8,999,000
07/25/2020	Closed SJSRMLS #536610	$1,450,000
07/24/2020	Closed BRIGHT #NJAC113592	$1,450,000
07/03/2020	Pending SJSRMLS #536610	—
07/03/2020	Pending BRIGHT #NJAC113592	—
05/06/2020	Listed (Active) BRIGHT #NJAC113592	$1,635,000
05/05/2020	Listed (Active) SJSRMLS #536610	$1,635,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1 South Sumner Avenue

Taxable Value

Land

$663,900

Additions

$2,134,100

Total$2,798,000

Tax Record

2025

$50,000 ($4,167 / month)

Home Facts

Beds

Total Finished SqFt

5,583 SqFt

Above Grade Finished SqFt

5,583 SqFt

Stories

Lot Size

7,222 SqFt

Style

Single Family Residence

Year Built

2022

Year Renovated

2022

Zoning

S-60

County

ATLANTIC

APN

16-00119-0000-00001

Schools near 1 South Sumner Avenue

This home is within Margate City School District.


Rating	School	Type	Grades	Distance
8/10	William H. Ross III Intermediate School	Public - Serves this home	PK to 4	0.6 mi
9/10	Eugene A Tighe Middle School	Public - Serves this home	5 to 8	0.7 mi
NR	Blessed Sacrament Regional School	Private - Nearby school	PK to 8	0.3 mi


Rating	School	Distance
8/10	William H. Ross III Intermediate School PublicPK to 4 Serves this home	0.6 mi
9/10	Eugene A Tighe Middle School Public5 to 8 Serves this home	0.7 mi
NR	Blessed Sacrament Regional School PrivatePK to 8 Nearby school	0.3 mi

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Margate City

Generations of families with deep roots in the island and vibrant new residents looking to enjoy a destination getaway close to home. Just south of Atlantic City, Margate provides an escape from the big city bustle. Single family homes and beach houses line the shore, creating a little city of its...

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 1 South Sumner Avenue, Margate City, NJ 08402	$7,799,000	7	7	–	7,200
8806 Ventnor Avenue, Margate City, NJ 08402	$2,500,000	6	6	–	7,222
8806 Ventnor, Margate City, NJ 08402	$525,000	3	7	2,400	7,222
3 South Sumner Avenue, Margate City, NJ 08402	–	–	–	2,646	4,652
4 South Rumson Avenue, Margate City, NJ 08402	$3,400,000	3	4	–	7,245
8902 Ventnor Avenue, Margate City, NJ 08402	–	–	–	–	40,271
5 South Sumner Avenue, Margate City, NJ 08402	$1,220,000	3	2	–	7,520
8802 Ventnor Avenue, Margate City, NJ 08402	$1,950,000	4	3	–	7,200
12 South Rumson Avenue, Margate City, NJ 08402	$2,047,000	5	5	–	9,400
7 South Sumner Avenue, Margate City, NJ 08402	$1,812,500	5	5	3,265	3,760
8 South Sumner Avenue, Margate City, NJ 08402	–	–	–	3,366	5,998
9 South Sumner Avenue, Margate City, NJ 08402	$1,535,000	7	3	–	3,760
5 South Rumson Avenue, Margate City, NJ 08402	$955,000	5	5	–	6,000
8800 Ventnor Avenue, Margate City, NJ 08402	$2,300,000	6	6	–	7,222
8805 Ventnor Avenue, Margate City, NJ 08402	$3,600,000	6	5	5,500	7,222
14 North Sumner Avenue, Margate City, NJ 08402	$1,450,000	5	5	–	4,480

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Based on information from one of the following Multiple Listing Services: BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greater LeHigh Valley Regional MLS, Greator Scranton Board of REALTORS® and Pocono Mountains Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.