18 days on rocket

8 N Lancaster Ave, Margate, NJ, 08402

$2,300,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Full Baths, 1 Partial
2,629 SqFt
$875/SqFt
House
Schools Nearby

Location

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8 N Lancaster Ave, Margate City$2,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingThree or More Cars
Year Built1930
HeatingNatural Gas
CoolingCeiling Fan(s), Central Air, Zoned
BasementYes
MLS #585073
StatusActive

About 8 N Lancaster Ave

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!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Year Built: 1930
  • Stories: 2
  • Living Area: 2,629 SqFt

Listing Office:

  • Office Name: Compass New Jersey-Ocean City
  • Office Phone: (609) 322-7390

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Yes
  • Flooring Type: Hardwood, Tile, W/W Carpet
  • Interior: Kitchen Center Island, Sauna

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: Deck, Fenced Yard, Outside Shower, Patio, Porch, Porch Enclosed, Sidewalks, Sprinkler System

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Fencing, Sidewalk, Sprinklers

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air, 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: From Ventnor Ave Going South Make Left On Lancaster Ave. Located Four Homes In On Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $875/SqFt
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MLS Details

MLS Information:

  • MLS Number: #585073

Listing Office:

  • Office Name: Compass New Jersey-Ocean City
  • Office Phone: (609) 322-7390

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: 5/29/2024, 6:20:38 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

$11.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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-4297697
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 0.29 miles

  • Public District Grades PK-4

Middle School

school-card-donut-4297698
5
/10

  • Eugene A. Tighe Middle School

  • 7804 Amherst Ave

  • 0.48 miles

  • Public District Grades 5-8

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $66,385. Residents of Atlantic County, NJ typically earn between $35k-100k each year. Typical family type is married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8 N Lancaster Ave

What is the listing price of this property?

The listing price of 8 N Lancaster Ave property is $2,300,000.

What type of property is this?

The property 8 N Lancaster Ave is a house located in Margate, New Jersey, 08402.

Is this property for sale now?

Active Listing: 8 N Lancaster 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 8 N Lancaster 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 8 N Lancaster Ave has 5 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 8 N Lancaster Ave is 2,629 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8 N Lancaster Ave is 1930.

Rocket Homes›New Jersey›Atlantic County›Margate City›08402›8 N Lancaster Ave

This home is located at 8 N Lancaster Ave in Margate, NJ and zip code 08402. This 2,629 square foot home was built in 1930. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 10, 2024 and is currently priced at $2,300,000.

Atlantic County, NJ housing market in April 2024 saw over 77 listings sold above listed price, more than 40 sold at listed price and over 143 sold below. The inventory of homes for sale in Atlantic County, NJ between March 2024 and April 2024 increased by 3%. While the average time on the market in April 2024 was 40 days, the median list price was $339,831.

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

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