$1,250,000

118 N Lancaster Ave Margate City, NJ 08402

Estimated payment $7,267/month

Total Views 5,086
0.08 Acre
$15,625,000 Price per Acre
3,485 Sq Ft Lot

Highlights

  • Hot Property
  • Level Lot
  • 5-minute walk to Jerome Avenue Park
  • William H. Ross III Intermediate School Rated A-

About This Lot

PRESTIGIOUS MARGATE PARKWAY AREA BUILDABLE LOT! 41 wide X 86 deep, Suitable for a Single Family New Construction Build. Come build your dream home on this vacant and cleared lot, 2.5 stories over garage permitted. Perfect for a sizable home with a BIG BACKYARD with plenty of room for a pool too! High ground. Only 3 Blocks to the Beach!

Listing Agent

Emily Marchese

MARCHESE REAL ESTATE, LLC License #0338026 Listed on: 08/13/2025

MARCHESE REAL ESTATE, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,071

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 41 x 86
  • Level Lot
  • Cleared Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$5,071

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Estate: Yes
  • Lvt Date: 08/13/2025
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities Available: Electric, Gas, Sewer, Water

Lot Info

  • Lot Number: 15
  • Lot Dimensions: 41 x 86
  • Number Of Acres: 0.08
  • Improvements: Curb, Sidewalks
  • Number Of Lots: One
  • Topography: Cleared, Level
  • Zoning: Residential

Tax Info

  • Year: 2024
  • Taxes: 5071

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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
2024 $5,071 $296,900 $296,900 $0
2023 $4,685 $296,900 $296,900 $0
2022 $4,685 $296,900 $296,900 $0
2021 $4,620 $296,900 $296,900 $0
2020 $4,596 $296,900 $296,900 $0
2019 $4,578 $296,900 $296,900 $0
2018 $4,641 $296,900 $296,900 $0
2017 $4,646 $296,900 $296,900 $0
2016 $5,830 $385,600 $296,900 $88,700
2015 $5,738 $385,600 $296,900 $88,700
2014 $5,630 $385,600 $296,900 $88,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 For Sale $1,250,000 -- --
Source: South Jersey Shore Regional MLS

About the Listing Agent

Emily Marchese
Emily Marchese

MARCHESE REAL ESTATE, LLC

(609) 354-5273

Section Image

Emily is the Founder and CEO of Marchese Real Estate in Margate. She resides in Ventnor City with her husband, Frank Marchese, Top Rated local Painting Contractor and Owner/Operator of Marchese's Painting. They have two beautiful daughters Angelina and Francesca who hope to follow in their parents foot-steps as business owners. Emily has been a NJ Licensed Realtor since 2003 serving the Margate City and Surrounding areas. She is known for always going the extra mile and following every

View Emily's Profile

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Source: South Jersey Shore Regional MLS

MLS Number: 599258

South Jersey Shore Regional MLS

APN: 16-00313-01-00015

New Jersey Atlantic County Margate City 08402

118 N Lancaster Ave, Margate City, NJ

This home is located at 118 N Lancaster Ave, Margate City, NJ 08402 and is currently priced at $1,250,000. 118 N Lancaster Ave is a home located in Atlantic County with nearby schools including William H. Ross III Intermediate School, Eugene A. Tighe Middle School, and Blessed Sacrament Regional School.

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Emily Marchese
Emily Marchese
Listing Agent Section Image
MARCHESE REAL ESTATE, LLC
(609) 354-5273