108 S Exeter Ave

Margate City, NJ 08402

$6,500,000
Last Sold Price
6
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.
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Sold 11/20/24
Sold 11/20/24
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Description

Ultra Luxurious New Construction, situated on one of Margate’s most iconic streets, in the very desirable Down Beach Section. Positioned on a jumbo lot (65x 62.5), this executive style shore home exudes comfort and practicality while perfectly blending sophistication and the casual lifestyle afforded with the “down the shore” living experience. Exterior features include: individual, real cedar shake siding, accented with woven and flared corners, beautifully complemented with traditional brick foundation,...Ultra Luxurious New Construction, situated on one of Margate’s most iconic streets, in the very desirable Down Beach Section. Positioned on a jumbo lot (65x 62.5), this executive style shore home exudes comfort and practicality while perfectly blending sophistication and the casual lifestyle afforded with the “down the shore” living experience. Exterior features include: individual, real cedar shake siding, accented with woven and flared corners, beautifully complemented with traditional brick foundation, mahogany ceilings and standing seam roof . The front façade incorporates 3 massive sundrenched, entertaining decks all with dynamic and panoramic ocean views, highlighted with powder coated, aluminum railing system and exotic "Ipe" deck-boards. The rear outside living space is the epitome of fun in the sun, boasting a large veranda area complete with a linear, electric fireplace, custom sound system, full service outside kitchen with a high-end appliance package, amazing walk-in outside shower, upgraded, large Gunite pool and dressing room complete with W/D, but yet still an enormous pavered patio area to entertain and enjoy life! Enter through the 5’ custom pivot door and step into your dream home. The large foyer area is temperature controlled, fully tiled and complemented with an impressive custom millwork package. Towards the rear of the foyer is access to the Oasis style rear yard as well as the elevator access which travels to the top level. The grand main living area is an open floor concept, enhanced with a creative millwork pkg, with oversized Anderson windows and Frenchwood sliders allowing an abundance of natural light to flood the space and of course, capture the stunning ocean views. The chefs kitchen is delightful, featuring wolf and subzero appliance package, fully customized cabinetry with upgraded trim pkg, task and accent lighting with a peninsula large enough to accommodate 5 comfortably. The adjacent dining space flows seamlessly into the family room which is anchored with an electric, linear, crystal fireplace highlighted with stunning stone accents and wet bar. Through the Frenchwood sliders is the massive entertaining deck connecting the outside living space to the interior space with perfection, a large en’suite and half bath round out the first floor. The main bedroom level includes 4 large en’suits, each with access to a tremendous deck featuring direct site lines to the ocean with walk in closets and custom built-ins and beautifully appointed custom tiled baths with designer fixtures. Each of the 4 en’suites has direct access to the large entertaining deck with ocean views as far as the eye can see. Also, on this level is the open, cozy and comfortable-den area featuring midnight kitchen & electric fireplace. Perhaps the perfect place for the family to come together and build lifelong memories. A full-size laundry room rounds out this level. The 3rd floor is reserved for the primary suite that must be seen to be believed. As you approach the primary suite there is a sitting room complete with midnight kitchen and the ability to access one of the largest decks on the island to just gaze at the mesmerizing panoramic ocean views. The suite itself is oversized with more amazing mill work giving the space character and charm. The true walk in closet offers fully custom built ins along with a seating area which also offers direct ocean views. The primary bathroom has ceiling to floor Alaskan white marble, designer cabinetry featuring dual sinks, upgraded fixtures with vanity area and private water closet. The dream walk in shower features multiple rain heads, diverters, body sprays and handheld wand along with windows that capture amazing ocean views that take full advantage of the ionized glass technology.
  1. Listed by TROY ROSENZWEIG • BHHS FOX and ROACH-Margate
  2. Listed by STACY SCHERR • BHHS FOX and ROACH-Margate

Property Details for 108 South Exeter Avenue

City/Community
Margate
Class
RESIDENTIAL
Parking - Exterior
Two Car
Waterfront (Y/N)
No
LISTING UPDATED: 11/20/2024 09:24 PM

Property Details for 108 South Exeter Avenue

StatusSold
MLS #588340
Days on Market69
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Single Family
Year Built2024
Lot Size0.09 AC / 4,062 SF
CountyAtlantic County
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Location

Listing Courtesy of BHHS FOX and ROACH-Margate

Sold By BHHS FOX and ROACH-Margate

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Building Information for 108 South Exeter Avenue

Stories-Year Built2024Building Size-Lot Size0.09 AC / 4,062 SF

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$34,407 per month

30 year fixed, 6.46% Interest

Principal and Interest

$32,731

Property Taxes

$1,676

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 108 South Exeter Avenue

Summary
Location and General Information
  • Address: 108 S Exeter Ave
  • Address 2: DIRECT & PANORAMIC OCEAN VIEWS
  • Address Direction: S
  • Address Number: 108
  • Address Search Number: 108
  • Address Street: Exeter
  • Area: Margate City
  • County: Atlantic
  • Directions: 2nd home from the beach on Exeter Ave
  • Fips Code: 34001
  • House Color: Brick & Cedar Shingle
  • Location: Beach Block, See Remarks, Water View
  • State: NJ
  • Street Designation: Ave
  • Style: 3 Story
  • Zip: 08402
Parking
  • Garage: Two Car
Taxes and HOA Information
  • Homeowners Assoc Fee: $0
  • LVT Date: 08-23-2024
  • Tax Year: 0
  • Taxes: 0
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 6.01
  • Lot #: 11
  • Lot Dimensions: 65x62.5
  • Lot Size: Less than One Acre
Property and Assessments
  • Age: 0 to 1 Year
  • Associated Document Count: 0
  • New Construction: Yes
  • Total Assessment: 0
  • Water: Public
  • Year Built: 2024
  • Adult Community/55+: No
Utilities
  • Full Baths: 6
  • Sewer: Public Sewer
  • Water Heater: Tankless-electric
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Curbs, Deck, Fenced Yard, Patio, Pool-In Ground, Sidewalks, Sprinkler System, Enclosed Outside Shower
  • Siding/Exterior: Brick, Cedar, Shingle, See Remarks
Interior Features
  • Air Conditioning: Ceiling Fan(s), Central, Electric, Multi-Zoned
  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Basement: Slab
  • Bedrooms: 6
  • Fireplace: Built-In, More Than 1, See Remarks
  • Flooring: Hardwood, Tile
  • Half Baths: 1
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Interior Features: Bar, Carbon Monoxide Detector, Elevator, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Other Rooms: Dining Area, Eat In Kitchen, Great Room, Laundry/Utility Room, Pantry, Recreation/Family, Primary BR on 1st floor
  • Rooms: 18
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No

Property History for 108 South Exeter Avenue

DateEvent & SourcePriceAppreciation
Nov 20, 2024

Closed (Public Record)

Public Record #1547418935

$6,500,000

+106.4% / yr

Nov 20, 2024

Closed

SJSRMLS #588340

$6,500,000—
Oct 31, 2024

Pending

SJSRMLS #588340

—
Aug 23, 2024

Listed (Active)

SJSRMLS #588340

$7,100,000—
Aug 19, 2024

Withdrawn

SJSRMLS #585490

$7,100,000—
May 22, 2024

Listed (Active)

SJSRMLS #585490

$7,100,000—
Sep 19, 2023

Closed

SJSRMLS #576847

$2,775,000—
Sep 18, 2023

Closed (Public Record)

Public Record #1520367327

$2,775,000

+7.0% / yr

Aug 16, 2023

Pending

SJSRMLS #576847

—
Aug 14, 2023

Listed (Active)

SJSRMLS #576847

$2,775,000—
May 22, 2016

Withdrawn

SJSRMLS #461696

$1,599,000—
Jan 28, 2016

Withdrawn

SJSRMLS #456238

$1,599,000—
Jan 28, 2016

Listed (Active)

SJSRMLS #461696

$1,599,000—
Oct 7, 2015

Listed (Active)

SJSRMLS #456238

$1,599,000—
Oct 7, 2015

Withdrawn

SJSRMLS #447257

$1,599,000—
Apr 28, 2015

Expired

SJSRMLS #436003

$1,599,999—
Apr 28, 2015

Listed (Active)

SJSRMLS #447257

$1,599,000—
Sep 15, 2014

Listed (Active)

SJSRMLS #436003

$1,599,999—
Jan 3, 2011

Closed

SJSRMLS #370393

$1,170,000—
Dec 31, 2010

Closed (Public Record)

Public Record #305448723

$1,170,000—
Dec 20, 2010

Pending

SJSRMLS #370393

—
Dec 6, 2010

Listed (Active)

SJSRMLS #370393

$1,339,000—
Dec 6, 2010

Expired

SJSRMLS #369160

$1,395,000—
Nov 5, 2010

Expired

SJSRMLS #349189

$1,799,000—
Nov 5, 2010

Listed (Active)

SJSRMLS #369160

$1,395,000—
Oct 3, 2009

Listed (Active)

SJSRMLS #349189

$1,799,000—
May 15, 1999

Closed

SJSRMLS #165963

$570,000—
Mar 8, 1999

Pending

SJSRMLS #165963

—
Jul 17, 1998

Listed (Active)

SJSRMLS #165963

$599,000—
DateEvent & SourcePrice
11/20/2024

Closed (Public Record)

Public Record #1547418935

$6,500,000

+106.4% / yr

11/20/2024

Closed

SJSRMLS #588340

$6,500,000
10/31/2024

Pending

SJSRMLS #588340

—
08/23/2024

Listed (Active)

SJSRMLS #588340

$7,100,000
08/19/2024

Withdrawn

SJSRMLS #585490

$7,100,000
05/22/2024

Listed (Active)

SJSRMLS #585490

$7,100,000
09/19/2023

Closed

SJSRMLS #576847

$2,775,000
09/18/2023

Closed (Public Record)

Public Record #1520367327

$2,775,000

+7.0% / yr

08/16/2023

Pending

SJSRMLS #576847

—
08/14/2023

Listed (Active)

SJSRMLS #576847

$2,775,000
05/22/2016

Withdrawn

SJSRMLS #461696

$1,599,000
01/28/2016

Withdrawn

SJSRMLS #456238

$1,599,000
01/28/2016

Listed (Active)

SJSRMLS #461696

$1,599,000
10/07/2015

Listed (Active)

SJSRMLS #456238

$1,599,000
10/07/2015

Withdrawn

SJSRMLS #447257

$1,599,000
04/28/2015

Expired

SJSRMLS #436003

$1,599,999
04/28/2015

Listed (Active)

SJSRMLS #447257

$1,599,000
09/15/2014

Listed (Active)

SJSRMLS #436003

$1,599,999
01/03/2011

Closed

SJSRMLS #370393

$1,170,000
12/31/2010

Closed (Public Record)

Public Record #305448723

$1,170,000
12/20/2010

Pending

SJSRMLS #370393

—
12/06/2010

Listed (Active)

SJSRMLS #370393

$1,339,000
12/06/2010

Expired

SJSRMLS #369160

$1,395,000
11/05/2010

Expired

SJSRMLS #349189

$1,799,000
11/05/2010

Listed (Active)

SJSRMLS #369160

$1,395,000
10/03/2009

Listed (Active)

SJSRMLS #349189

$1,799,000
05/15/1999

Closed

SJSRMLS #165963

$570,000
03/08/1999

Pending

SJSRMLS #165963

—
07/17/1998

Listed (Active)

SJSRMLS #165963

$599,000

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

Public Records for 108 South Exeter Avenue

Taxable ValueLand$1,177,400Additions$659,400Total$1,836,800
Tax Record2024$20,110 ($1,676 / month)
Home Facts
Beds0Total Finished SqFt3,205 SqFtAbove Grade Finished SqFt3,205 SqFtStories4Lot Size4,064 SqFtStyleSingle Family ResidenceYear Built2024ZoningS-30CountyATLANTICAPN16 00006- 01-00011

Schools near 108 South Exeter Avenue

This home is within Margate City School District.
Rating
School
Type
Grades
Distance
William H. Ross III Intermediate School
Public - PK to 4
Eugene A Tighe Mid School
Public - 5 to 8
Blessed Sacrament Regional School
Private - PK to 8
St. James Elementary School
Private - PK to 8
Rating
School
Distance
William H. Ross III Intermediate School
PublicPK to 4

Eugene A Tighe Mid School
Public5 to 8

Blessed Sacrament Regional School
PrivatePK to 8

St. James Elementary School
PrivatePK to 8

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.

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Listing Courtesy of BHHS FOX and ROACH-Margate

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.