OPEN HOUSE SATURDAY 3/30 11AM TO 1PM!! This is your opportunity to own the only brand new construction beach block in Margate. This spectacular 5 bedroom, 4.5 bath property with a 4 stop elevator is more than just a home; it's a statement of luxury, design, and coastal living at its finest. As you step inside, you'll immediately be drawn to the spacious and open floor plan that seamlessly blends the indoors with the outdoors. The heart of this home is the gourmet kitchen, featuring state-of-the-art Sub-Zero refrigerator and a Wolf stove. It's designed for both everyday living and grand entertaining. Host gatherings in the large living area, complete with a custom bar which flows onto a generous outdoor deck perfect for entertaining guests. The main suite is a haven of luxury with an expansive walk-in closet that's close to 17 feet and its very own private deck. Wake up to breathtaking views of the ocean, and let the soothing sound of the waves lull you to sleep at night. Enjoy being steps from the beach, allowing you to embrace the sun, sand, and sea at your leisure or relaxing outside on your own veranda. A large lap jacuzzi pool can be negotiated as well. They are better than a pool! This brand new construction home is a masterpiece of design and craftsmanship, offering an unmatched lifestyle on the beach block in Margate. Don't miss your chance to own this extraordinary property - it truly is a must-see!
Property Details
Property Features
Property Information:
Architectural Style: 3 Story
Stories: 3
Listing Office:
Office Name: BHHS FOX and ROACH-Margate
Office Phone: (609) 822-4200
Interior Features
Interior Information:
Appliances: Dishwasher, Dryer, Electric Stove, Gas Oven, Refrigerator, Washer
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: 4/30/2024, 12:25:21 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
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$20K
Per Month
Principal & Interest
$19.9K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12K
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Thomas Jefferson School
James St And Ogden Place
Distance between this listing and this school0.70 miles
Public District Grades 3-5
3
/10
Normandy Park School
19A Normandy Pkwy
Distance between this listing and this school1.02 miles
Public District Grades KG-5
4
/10
Alexander Hamilton
24 Mills St
Distance between this listing and this school1.34 miles
Public District Grades 3-5
Nearby Schools
9
/10
Unity Charter School
1 Evergreen Pl
Distance between this listing and this school1.01 miles
Public Charter Grades KG-8
6
/10
Morris Plains Borough School
500 Speedwell Ave
Distance between this listing and this school2.48 miles
Public District Grades 3-8
7
/10
Ridgedale Middle School
71 Ridgedale Ave
Distance between this listing and this school3.55 miles
Public District Grades 6-8
Nearby Schools
5
/10
Morristown High School
50 Early St
Distance between this listing and this school1.18 miles
Public District Grades 9-12
7
/10
Whippany Park High School
165 Whippany Rd
Distance between this listing and this school2.80 miles
Public District Grades 9-12
6
/10
Madison High School
170 Ridgedale Ave
Distance between this listing and this school3.44 miles
The neighbors living near this home have an average income of $53,313. Residents of Morristown, NJ typically earn between $35k-100k each year. The most common type of family 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 100 S Franklin Ave
What is the listing price of this property?
The listing price of 100 S Franklin Ave property is $3,999,999.
What type of property is this?
The property 100 S Franklin Ave is a house located in Margate, New Jersey, 08402.
Is this property for sale now?
Active Listing: 100 S Franklin 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 100 S Franklin Ave has 5 bedrooms and 4 full and 1 half bathrooms.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 100 S Franklin Ave in Margate, NJ and zip code 08402. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 09, 2024 and is currently priced at $3,999,999.
In March 2024 more than 7 listings in Morristown, NJ were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 3 were sold below. The number of homes for sale in Morristown, NJ increased by 37.7% between February 2024 and March 2024. In March 2024 median list price was $750,000 and the average listing age was 1 days.
From Rocket Homes Real Estate and based on county public records data.
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. 
Continuing Education Courses
Continuing Education Courses
Major League Soccer (MLS)
Symphony or Opera
Express/Express For Men
Banana Republic
Chico's
Qdoba
Sonic
Boston Market
Volkswagen
Infiniti
Volvo
Urban Contemporary
Talk/Personality
Alternative