116 South Lancaster Avenue

Margate City, NJ 08402

$3,900,000
Last Sold Price
4
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Magnificent 2story direct ocean front oasis on 62.5' of endless beach and ocean views with direct beach access. Newly constructed in 2014 at elevation 15' and well maintained with living areas on 1st fl with gourmet kitchen featuring custom 42" cabinets, Subzero refrigerator/freezer, Electrolux Induction cooktop, Double Oven, Granite and Quartz counters and Miele Dishwasher. Custom wood and S/S open stair case with Porcelanosa tile floors throughout 1st fl., living area and fabulous fireplace with...Magnificent 2story direct ocean front oasis on 62.5' of endless beach and ocean views with direct beach access. Newly constructed in 2014 at elevation 15' and well maintained with living areas on 1st fl with gourmet kitchen featuring custom 42" cabinets, Subzero refrigerator/freezer, Electrolux Induction cooktop, Double Oven, Granite and Quartz counters and Miele Dishwasher. Custom wood and S/S open stair case with Porcelanosa tile floors throughout 1st fl., living area and fabulous fireplace with AC skyline on either side. Separate den/office, guest BR, contemporary full bath and laundry also in 1st fl. 2nd floor has a fabulous Master BR & BA with private ocean front deck, bath with custom tiled shower with 2 heads, free standing soaking tub and double sink. The remaining 3 BR's are ensuite with tiled showers and wall hung vanities. The outside composite deck area is 43' x 22' which is made for the "ultimate" in entertaining. Outdoor shower and plenty of storage. A gem on the ocean awaits!
  1. Listed by MITCHELL ZITOMER • BHHS FOX and ROACH-Margate

Property Details for 116 South Lancaster Avenue

City/Community
Margate
Class
RESIDENTIAL
Parking - Exterior
Three or More Cars, Parking Pad
Waterfront (Y/N)
Yes
Zoned
S-30

Location

Listing Courtesy of BHHS FOX and ROACH-Margate

Sold By SOLEIL SOTHEBY'S INTERNATIONAL REALTY - A

Add your commute
LISTING UPDATED: 05/27/2021 06:14 PM

Property Details for 116 South Lancaster Avenue

StatusSold
MLS #544264
Days on Market166
Taxes$41,386 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Single Family
Year Built2014
Lot Size0.11 AC / 4,687 SF
CountyAtlantic County

Location

Listing Courtesy of BHHS FOX and ROACH-Margate

Sold By SOLEIL SOTHEBY'S INTERNATIONAL REALTY - A

Add your commute

Virtual Tour

Building Information for 116 South Lancaster Avenue

Stories-Year Built2014Building Size-Lot Size0.11 AC / 4,687 SF

Payment Calculator

$24,733 per month

30 year fixed, 7.25% Interest

Principal and Interest

$21,284

Property Taxes

$3,449

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 116 South Lancaster Avenue

Summary
Location and General Information
  • Address: 116 S Lancaster Ave
  • Address Direction: S
  • Address Number: 116
  • Address Search Number: 116
  • Address Street: Lancaster
  • Area: Margate City
  • County: Atlantic
  • Directions: Atlantic Ave. to Lancaster beach front on right side of street.
  • Fips Code: 34001
  • House Color: Ivory and Stone
  • Location: Bulkheaded, Ocean Front
  • State: NJ
  • Street Designation: Ave
  • Style: 2 Story
  • Zip: 08402
Parking
  • Garage: None
Taxes and HOA Information
  • Homeowners Assoc Fee: $0
  • LVT Date: 11-04-2020
  • Tax Year: 2020
  • Taxes: 41386
Virtual Tour
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 13
  • Lot #: 17
  • Lot Dimensions: 75 x 62.50
  • Lot Size: Less than One Acre
Property and Assessments
  • Age: 6 to 10 Years
  • Also Includes: Blinds, Curtains, Drapes, Shades
  • Associated Document Count: 0
  • Flood Plain (Y/N): Yes
  • New Construction: No
  • Total Assessment: 2683900
  • Water: Public
  • Year Built: 2014
Utilities
  • Full Baths: 5
  • Sewer: Public Sewer
  • Utility Room Level: Main
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Curbs, Deck, Outside Shower, Sidewalks
  • Siding/Exterior: Stone, Stucco
  • Storms/Screens: Combination, Insulated Glass, Screens
Interior Features
  • Air Conditioning: Central, Gas, Multi-Zoned
  • Appliances: Central Vacuum, Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Crawl Space, Masonry Floor/Wall, Outside Entrance
  • Bath 1 Level: Upper
  • Bath 2 Level: Upper
  • Bath 3 Level: Upper
  • Bedroom 1 Level: Upper
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Bedrooms: 4
  • Dining Room Level: Main
  • Family Room Level: Main
  • Fireplace: Built-In, Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Half Baths: 0
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Interior Features: Carbon Monoxide Detector, Kitchen Center Island, Security System, Smoke/Fire Alarm
  • Kitchen Level: Main
  • Living Room Level: Main
  • Other Rooms: Dining Area, Laundry/Utility Room
  • Powder Room Level: Main
  • Rooms: 9
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No

Property History for 116 South Lancaster Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 116 South Lancaster Avenue

Taxable ValueLand$2,022,800Additions$661,100Total$2,683,900
Tax Record2022$42,352 ($3,529 / month)
Home Facts
Beds0Total Finished SqFt2,576 SqFtAbove Grade Finished SqFt2,576 SqFtStories2Lot Size4,695 SqFtStyleSingle Family ResidenceYear Built2014ZoningS-30CountyATLANTICAPN16 00013-0000-00017

Schools near 116 South Lancaster Avenue

This home is within Margate City School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
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

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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of BHHS FOX and ROACH-Margate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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, Greator Scranton Board 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.