2 months on rocket

7405 Monmouth Ave, Margate, NJ, 08402

$975,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath, 2 Partial
House
Schools Nearby

Location

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7405 Monmouth Ave, Margate City$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingThree or More Cars
HeatingHot Water, Oil, Other
CoolingCeiling Fan(s), Central Air, Electric, Zoned
FireplaceBuilt-In, Wood Burning
MLS #582424
StatusActive

About 7405 Monmouth Ave

Your long-awaited dream home awaits at 7405 Monmouth Avenue, nestled on an unusually large 50 X 95 lot in Margate's sought-after ABC neighborhood. This 3-bedroom, 1-bathroom with 2 half baths residence warmly welcomes you from its quintessential front porch. Step inside, and custom hardwood floors with mahogany inlays guide you through the open layout of the main floor, featuring a living and dining area, and a recently renovated kitchen with top-of-the-line stainless steel appliances, a large center island, and custom cabinetry. The home's layout offers the convenience and privacy of a multi-level design. A short staircase to the upper level, revealing three spacious bedrooms and a shared full bathroom, with the primary suite offering the added convenience of an ensuite half bath. Descend to the lower level, opening to an impressively sized recreation/family room with a built-in bar area, a charming wood-fired stove, and access to another half bath and a large laundry/utility room. Double doors lead outside to an expansive partially fenced backyard. The property also features an extremely long driveway accommodating 5 or more cars. Updates include the addition of a 2-zone central air system in 2022 and a recent kitchen remodel. This home presents expansion opportunities with its spacious lot, leaving room for the addition of a pool, hardscaping, and cabana. Perfectly situated just four blocks from the beach and a leisurely stroll from Margate and Ventnor's beloved eateries and shops, make this home yours in time to create those summer shore memories!

Property Details

Property Features

Property Information:

  • Architectural Style: 3 Story
  • Stories: 3

Listing Office:

  • Office Name: RE/MAX PLATINUM PROPERTIES-H
  • Office Phone: (609) 428-7795

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: No
  • Flooring Type: Hardwood, Tile
  • Interior: Bar, Carbon Monoxide Detector, Kitchen Center Island, Storage, Smoke/Fire Alarm
  • Fireplace: Built-In, Wood Burning

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Curbs, Fenced Yard, Patio, Porch, Sidewalks, Sprinkler System

Parking Information:

  • Attached Garage: No
  • Parking: Three or More Cars

Lot Features

Lot Information:

  • Lot: Curbs, Fencing, Sidewalk, Sprinklers

Utilities

Utilities Information:

  • Heating: Hot Water, Oil, Other
  • Cooling: Ceiling Fan(s), Central Air, Electric, Zoned

School Info

Assigned Schools Information:

  • Eugene A. Tighe Middle School, Public District Grades 5-8
  • William H. Ross III School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Brunswick Ave, right on Monmouth Ave. Property is second from the corner of Monmouth and Argyle Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000
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MLS Details

MLS Information:

  • MLS Number: #582424

Listing Office:

  • Office Name: RE/MAX PLATINUM PROPERTIES-H
  • Office Phone: (609) 428-7795

Broker Reciprocity 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.

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: 4/28/2024, 6:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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Payment Calculator

$4,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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.

Elementary School

school-card-donut-2512105
8
/10
  • William H. Ross III School

  • 101 N Haverford Ave

  • 0.49 miles

  • Public District Grades PK-4

Middle School

school-card-donut-2512106
5
/10
  • Eugene A. Tighe Middle School

  • 7804 Amherst Ave

  • 0.34 miles

  • Public District Grades 5-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $73,125. The majority of Atlantic County, NJ residents have income less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7405 Monmouth Ave

What is the listing price of this property?

The listing price of 7405 Monmouth Ave property is $975,000.

What type of property is this?

The property 7405 Monmouth Ave is a house located in Margate, New Jersey, 08402.

Is this property for sale now?

Active Listing: 7405 Monmouth Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7405 Monmouth Ave are:
William H. Ross III School: GreatSchools Rating 8/10
Eugene A. Tighe Middle School: GreatSchools Rating 5/10

How many bedrooms and bathrooms does this property have?

The property at 7405 Monmouth Ave has 3 bedrooms and 1 full and 2 half bathrooms.

Rocket Homes›New Jersey›Atlantic County›Margate City›08402›7405 Monmouth Ave

This home is located at 7405 Monmouth Ave in Margate, NJ and zip code 08402. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 21, 2024 and is currently priced at $975,000.

Over 68 listings were sold over their listed price in March 2024 in Atlantic County, NJ. In the same period over 132 listings were sold below the listed price and 48 listings were sold for the listed price. Between February 2024 and March 2024, Atlantic County, NJ real estate market has seen increase in the number of listings by 3.7%. The median list price of listings available in March 2024 was $336,577, while the average time on the real estate market was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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