107 N Monroe Ave Margate City, NJ 08402
Estimated payment $13,830/month
Highlights
- Property is near a marina
- New Construction
- Waterfront
- William H. Ross III Intermediate School Rated A-
- In Ground Pool
- Deck
About This Home
Luxury new construction situated in Margate's fun, exciting and desirable Marina District. The convenient location allows for a quick and pleasant stroll to Margate's business district, fine eateries and casual dining establishments, awesome night life and all of the kid family attractions Margate has to offer and of course, Margate's best beaches. Outside features include totally maintenance free exterior with Azek trim boards and custom columns, beautiful brick accents and custom wood exterior ceilings with an upgraded railing system. The garage makes for a wonderful convenient amenity along with fabulous storage space. The rear yard space is quiet and peaceful and can easily entertain all of your family and friends and includes an incredible veranda area, Gunite pool, and outside kitchen. The grade level is fully finished space featuring 3 stop elevator, high end flooring throughout, custom mill work pkg and flows seamlessly into the oasis like rear yard. The first level features an open floor plan concept with 10 foot soaring ceilings creating a very dramatic space with the oversize windows allowing the natural light to flood in. The chefs kitchen features custom cabinetry, walk in pantry, with an upgraded trim package, accent and task lighting, upgraded appliance package, quartz countertops and a large peninsula which can easily accommodate 5 stools. The oversized dining area is perfectly positioned, adjacent to the kitchen and flows into the large, yet comfortable great room which, comes complete with a gas burning fireplace, wet bar, and access to a covered entertaining deck. Towards the rear of the property is an en' suit and separate full bath. Second level with three additional large and comfortable on sweets with the master bedroom featuring private deck access, large walk-in closet with furniture style fit outs, stunning bath featuring private water closet, dual vanities and walk-in shower complete with multiple body sprays, rain head and glass surround. Builder reserves the right to modify plans, specs etc. with no prior notice.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,921
Year Built
- Built in 2025 | New Construction
Lot Details
- Lot Dimensions are 25x100
- Waterfront
- Fenced
- Sprinkler System
Parking
- 1 Car Garage
Home Design
- Slab Foundation
Interior Spaces
- 2-Story Property
- Elevator
- Cathedral Ceiling
- Ceiling Fan
- Living Room with Fireplace
- Dining Area
- Recreation Room
- Storage
- Storage In Attic
Kitchen
- Eat-In Kitchen
- Walk-In Pantry
- Self-Cleaning Oven
- Stove
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Walk-In Closet
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Pool
- In Ground Pool
- Outdoor Shower
Outdoor Features
- Property is near a marina
- Deck
Utilities
- Forced Air Zoned Heating and Cooling System
- Heating System Uses Natural Gas
- Tankless Water Heater
Listing and Financial Details
- Tax Lot 399
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,921 | $171,000 | $171,000 | -- |
| 2024 | $2,921 | $171,000 | $171,000 | $0 |
| 2023 | $2,698 | $171,000 | $171,000 | $0 |
| 2022 | $2,698 | $171,000 | $171,000 | $0 |
| 2021 | $4,144 | $266,300 | $171,000 | $95,300 |
| 2020 | $4,122 | $266,300 | $171,000 | $95,300 |
| 2019 | $4,106 | $266,300 | $171,000 | $95,300 |
| 2018 | $4,162 | $266,300 | $171,000 | $95,300 |
| 2017 | $4,168 | $266,300 | $171,000 | $95,300 |
| 2016 | $4,026 | $266,300 | $171,000 | $95,300 |
| 2015 | $3,963 | $266,300 | $171,000 | $95,300 |
| 2014 | $3,888 | $266,300 | $171,000 | $95,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2025 08/13/25 | Price Changed | $2,550,000 | +8.5% | -- |
| 04/29/2025 04/29/25 | For Sale | $2,350,000 | +261.5% | -- |
| 03/06/2025 03/06/25 | Sold | $650,000 | 0.0% | -- |
| 10/04/2024 10/04/24 | Pending | -- | -- | -- |
| 09/11/2024 09/11/24 | For Sale | $650,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $650,000 | None Listed On Document | |
| Deed | $287,000 | Trident Land Transfer | |
| Deed | $31,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,300,000 | Construction |
Source: South Jersey Shore Regional MLS
MLS Number: 596037
APN: 16-00330-0000-00399
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