8 North Lancaster Avenue

Margate City, NJ 08402

$2,000,000
Last Sold Price
5
Beds
3
Baths
1
1/2 Bath
2,629 Sq. Ft.
$761 / Sq. Ft.
2,629
Sq. Ft.
$761
per Sq. Ft.

Description

Welcome to your new home in the charming Parkway Section of Margate, NJ – one of the most sought-after areas along the South Jersey Shore. Nestled on a stunning oversized lot measuring 80x86, this property offers a rare opportunity to own a piece of paradise with endless possibilities. Boasting 5 bedrooms and 3.5 bathrooms, this home exudes charm and versatility. The enclosed porch area, currently utilized as an office, presents a flexible space ideal for additional entertainment or relaxation. Step...Welcome to your new home in the charming Parkway Section of Margate, NJ – one of the most sought-after areas along the South Jersey Shore. Nestled on a stunning oversized lot measuring 80x86, this property offers a rare opportunity to own a piece of paradise with endless possibilities. Boasting 5 bedrooms and 3.5 bathrooms, this home exudes charm and versatility. The enclosed porch area, currently utilized as an office, presents a flexible space ideal for additional entertainment or relaxation. Step into the expansive sunroom at the rear of the home – a tranquil retreat perfect for savoring your morning coffee, indulging in a good book, or simply basking in the serenity of your spacious tree-lined and beautifully landscaped yard. Discover the luxurious features throughout, including a dry sauna in the basement, updated kitchen with granite countertops, tiled backsplash, stainless steel JennAir appliances, wine cooler, and a built-in gas stove top. The kitchen seamlessly flows into the laundry room, adorned with tiled flooring. Upstairs, retreat to the primary bedroom with its private Trex deck. The en-suite bathroom provides a serene escape, while two additional bedrooms and another full bathroom complete this level. Ascend the stairs to find two more bedrooms, with original hardwood floors awaiting beneath the carpet. Recent upgrades include the replacement of all three AC units, ensuring comfort and efficiency. Built in 1930, this home seamlessly blends historic charm with modern luxury. Enjoy the convenience of being within walking distance to the beach and surrounded by all that Margate has to offer. This oversized lot offers plenty of space to add a pool and turn this home your own private oasis. Whether you're ready to move right in or eager to build the home of your dreams, don't miss this rare opportunity to create lasting memories in a place you'll love for years to come!
  1. Listed by Matthew Pauls • Compass New Jersey-Ocean City

Property Details for 8 North Lancaster Avenue

City/Community
Margate
Class
RESIDENTIAL
Parking - Exterior
Three or More Cars
Subdivision
Parkway Section
Waterfront (Y/N)
No
Zoned
S-60
LISTING UPDATED: 09/16/2024 03:18 PM

Property Details for 8 North Lancaster Avenue

StatusSold
MLS #585073
Days on Market42
Taxes$12,070 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Single Family
Year Built1930
Lot Size0.16 AC / 6,880 SF
CountyAtlantic County

Building Information for 8 North Lancaster Avenue

Stories-Year Built1930Building Size-Lot Size0.16 AC / 6,880 SF

Property Information for 8 North Lancaster Avenue

Summary
Location and General Information
  • Address: 8 N Lancaster Ave
  • Address Direction: N
  • Address Number: 8
  • Address Search Number: 8
  • Address Street: Lancaster
  • Area: Margate City
  • County: Atlantic
  • Directions: From Ventnor Ave Going South Make Left On Lancaster Ave. Located Four Homes In On Left.
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Ave
  • Style: 2 Story
  • Zip: 08402
Parking
  • Garage: None
Taxes and HOA Information
  • Homeowners Assoc Fee: $0
  • LVT Date: 05-10-2024
  • Tax Year: 2023
  • Taxes: 12070
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 2629
  • Block #: 20
  • Lot #: 213.01
  • Lot Dimensions: 80x86
  • Lot Size: Less than One Acre
Property and Assessments
  • Associated Document Count: 2
  • Doc Timestamp: 05-10-2024
  • Improved Value: $227,800
  • Land Value: $503,700
  • Property Id: 16-00213-01-00020
  • Total Assessment: 731500
  • Water: Public
  • Year Built: 1930
  • Adult Community/55+: No
Utilities
  • Full Baths: 3
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Deck, Fenced Yard, Outside Shower, Patio, Porch, Porch Enclosed, Sidewalks, Sprinkler System
  • Siding/Exterior: Stucco
Interior Features
  • Air Conditioning: Ceiling Fan(s), Central, Multi-Zoned
  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: 6 Ft. or More Head Room, Inside Entrance, Outside Entrance
  • Bedrooms: 5
  • Flooring: Hardwood, Tile, W/W Carpet
  • Half Baths: 1
  • Heating: Gas-Natural
  • Interior Features: Kitchen Center Island, Sauna
  • Other Rooms: Dining Room, Eat In Kitchen, Laundry/Utility Room, Pantry
  • Rooms: 9
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No

Property History for 8 North 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 8 North Lancaster Avenue

Taxable ValueLand$503,700Additions$227,800Total$731,500
Tax Record2023$12,070 ($1,006 / month)
Home Facts
Beds0Total Finished SqFt2,629 SqFtAbove Grade Finished SqFt2,629 SqFtStories2Lot Size6,878 SqFtStyleSingle Family ResidenceYear Built1930ZoningS-60CountyATLANTICAPN16 00213- 01-00020

Schools near 8 North 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.

Similar Homes

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Similar Sold Homes

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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass New Jersey-Ocean City

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.