$2,260,000
SOLD JUL 17, 2025

119 N Gladstone Ave Margate City, NJ 08402

5 Beds
4.5 Baths
-- Sq Ft
3,441 Sq Ft Lot

Recently Sold

6% Below List Price

150 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • Wood Flooring
  • William H. Ross III Intermediate School Rated A-
  • Deck
  • 2-minute walk to Ross School Playground

About This Home

As of July 2025

Looking for a Luxury New Construction Single Family home in the heart of Margate. Welcome to 119 N. Gladstone. Set on a large 35 x 98 foot lot, this custom built home will feature 5 bedrooms and 4.5 Baths of quality construction and luxurious finishes. Enter through the finished ground level Foyer where you find access to the 2 car garage to the right and to the left, large 22'x22' bonus/storage room that leads through a wall of sliding glass giving access to the back yard oasis and inground pool. Take the stairs or 3 stop elevator to the main living floor where you will be greeted with soaring 10 ft. ceilings through the first floor and the Great Room. On the main level you will find open concept living area with custom chefs kitchen, dining area and living room that surrounds itself with custom millwork and details that will please the most discriminating home owners. Continue forward and enjoy the summer breeze, or dine al fresco on the 22ft wide front deck. Behind the great room you will find a first level Jr. suite overlooking the rear yard. On the upper level of the home you find 3 additional guest bedrooms and two additional guest baths all of which display the same level of quality and craftsmenship seen throughout the home. Forward is the Primary Suite with mirroring 22 ft covered deck, 2 walk in closets and luxurious primary bath. Situated just a short Hop from Margate's beaches, shopping, conveniences, and some of South Jersey's finest dining, 119 Gladstone offers the best of Margate. Be ready for next summer as this finely crafted home is to be delivered in early 2025. Don't miss this one. Call Today!!

Last Agent to Sell the Property

Peter Adams

Compass New Jersey-Ocean City (O463E) License #9913484 Listed on: 05/31/2024

Compass New Jersey-Ocean City (O463E)

Last Buyer's Agent

Peter Adams

Compass New Jersey-Ocean City (O463E) License #9913484 Listed on: 05/31/2024

Compass New Jersey-Ocean City (O463E)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,040

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Lot Dimensions are 35 x 98
  • Fenced
  • Sprinkler System

Parking

  • 3 Car Attached Garage

Interior Spaces

  • 2-Story Property
  • Elevator
  • Ceiling Fan
  • Fireplace
  • Insulated Windows
  • Great Room
  • Dining Area
  • Storage
  • Storage In Attic

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Interior and Exterior Basement Entry
  • Crawl Space

Home Security

  • Storm Screens
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Handicap Accessible
  • Deck

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,040

Year Built

Built in 2025 | New Construction

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 0 To 1 Year
  • Lvt Date: 05/31/2024
  • New Construction: Yes
  • Year Built: 2025
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In
  • Flooring: Hardwood, Tile
  • Interior Amenities: Elevator, Kitchen Center Island, Storage, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: 6 Ft. Or More Head Room, Crawl Space, Finished, Inside Entrance, Outside Entrance
  • Other Rooms: Dining Area, Great Room, Laundry/Utility Room, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Handicap Access, Outside Shower, Pool-In Ground, Sidewalks, Sprinkler System, Enclosed Outside Shower
  • Storm Screens: Combination, Insulated Glass

Garage/Parking

  • Driveway: Concrete
  • Garage: Three Or More Cars, Attached Garage

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas, Tankless-Gas

Lot Info

  • Lot Dimensions: 35 x 98
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2024
Closed on
Jun 25, 2025
Sold by
Granese Giancarlo
Bought by
Ocean City Builders Developers Llc
Seller's Agent
Peter Adams
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Peter Adams
Compass New Jersey-Ocean City (O463E)
List Price
$2,399,900
Sold Price
$2,260,000
Premium/Discount to List
-$139,900
-5.83%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-100.00%

Purchase Details

Listed on
Feb 3, 2024
Closed on
Mar 8, 2024
Sold by
Calabrese Maria L
Bought by
Granese Giancarlo
Seller's Agent
Alexander Linsk
FARLEY and FERRY REALTY, INC
Buyer's Agent
Ryan Huck
GOLDCOAST SOTHEBY'S INTERNATIONAL REALTY
List Price
$759,000
Sold Price
$740,000
Premium/Discount to List
-$19,000
-2.5%
Views
23

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
127.26%

Purchase Details

Closed on
Sep 3, 2015
Sold by
Calabrese Maria L
Bought by
Calabrese Elizabeth R
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Freedom Title & Abstract
Deed $740,000 Freedom Title & Abstract
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $180,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/17/2025 07/17/25 Sold $2,260,000 -5.8% --
10/28/2024 10/28/24 Pending -- -- --
05/31/2024 05/31/24 For Sale $2,399,900 +224.3% --
03/08/2024 03/08/24 Sold $740,000 -2.5% --
02/15/2024 02/15/24 Pending -- -- --
02/03/2024 02/03/24 For Sale $759,000 0.0% --
05/22/2015 05/22/15 Rented -- -- --
04/22/2015 04/22/15 Under Contract -- -- --
11/15/2014 11/15/14 For Rent -- -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

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 $5,040 $295,100 $233,200 $61,900
2023 $4,657 $295,100 $233,200 $61,900
2022 $4,657 $295,100 $233,200 $61,900
2021 $4,592 $295,100 $233,200 $61,900
2020 $4,568 $295,100 $233,200 $61,900
2019 $4,550 $295,100 $233,200 $61,900
2018 $4,612 $295,100 $233,200 $61,900
2017 $4,618 $295,100 $233,200 $61,900
2016 $4,462 $295,100 $233,200 $61,900
2015 $4,391 $295,100 $233,200 $61,900
2014 $4,308 $295,100 $233,200 $61,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 585735

South Jersey Shore Regional MLS

APN: 16-00307-02-00045