$2,379,000
PENDING

406 N Essex Ave Margate City, NJ 08402

Estimated payment $14,506/month

Total Views 9,573
5 Beds
4.5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • In Ground Pool
  • Wood Flooring
  • 2 Car Attached Garage
  • William H. Ross III Intermediate School Rated A-
  • Main Floor Bedroom
  • Eat-In Kitchen

About This Home

Your Oasis awaits... This 5 bedroom, 4.5 bath home provides all the space, luxury and amenities you have been looking for. Kitchen is a showstopper with Sub Zero/Wolf appliance package including 42" Sub Zero French door refrigerator and Wolf 48" gas range with double oven. Also a beautiful quartz countertop and large island seats 8 - great for entertaining! Spacious living area and laundry room on main floor as well as a half bath. Main floor contains an oversized multipurpose room with full bath that can easily be a bedroom suite, office, den or anything you can imagine. Third floor boasts the primary suite with large shower and closet as well as three additional bedrooms and two full baths. Additionally, the third floor offers a second convenient washer and dryer. Three bedrooms on third floor also have access to a large front deck for morning sun or a nighttime breeze. The back yard is an outdoor Oasis for gatherings and good times. A large, heated saltwater pool with ample space for lounging. Large 15' x 21' covered veranda with beautiful Mahogony ceilings provides shade to sit back and relax or enjoy a meal. Barbecuing is effortless with two natural gas hook ups - one in veranda area and other outside kitchen on main floor. Plenty of room for storage with not only a two-car garage but also an extra bonus 12' x 15' garage space. Come see all this house offers !!!

Listing Agent

Jerome DiPentino

LONG and FOSTER REAL ESTATE INC-Longport Listed on: 05/05/2025

LONG and FOSTER REAL ESTATE INC-Longport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,719

Year Built

  • Built in 2023

Lot Details

  • Lot Dimensions are 70x65
  • Fenced
  • Sprinkler System

Interior Spaces

  • 3-Story Property
  • Elevator
  • Gas Log Fireplace
  • Insulated Windows
  • Blinds
  • Wood Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Patio

Utilities

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,719

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 2 To 5 Years
  • Also Includes: Blinds
  • Lvt Date: 05/05/2025
  • Year Built: 2023
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log
  • Flooring: Hardwood
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Upper
  • Bedroom 5: On Level: Main
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main
  • Other Rooms: Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Fenced Yard, Outside Shower, Patio, Pool-In Ground, Sprinkler System
  • Siding Exterior: Fiber Cement Board Siding
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car, Auto Door Opener, Attached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Tankless-Gas

Lot Info

  • Lot Number: 16
  • Lot Dimensions: 70x65
  • Lot Size: Less Than One Acre

Tax Info

  • Year: 2024
  • Taxes: 19719

Map

Range of Values:

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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
2025 $19,719 $1,154,500 $259,000 $895,500
2024 $19,719 $1,154,500 $259,000 $895,500
2023 $4,087 $419,100 $259,000 $160,100
2022 $4,087 $259,000 $259,000 $0
2021 $5,735 $368,600 $259,000 $109,600
2020 $5,706 $368,600 $259,000 $109,600
2019 $5,684 $368,600 $259,000 $109,600
2018 $5,761 $368,600 $259,000 $109,600
2017 $5,769 $368,600 $259,000 $109,600
2016 $5,573 $368,600 $259,000 $109,600
2015 $5,485 $368,600 $259,000 $109,600
2014 $5,382 $368,600 $259,000 $109,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 Pending -- -- --
08/08/2025 08/08/25 Price Changed $2,379,000 -6.7% --
07/07/2025 07/07/25 Price Changed $2,550,000 -6.4% --
05/30/2025 05/30/25 Price Changed $2,725,000 -9.0% --
05/05/2025 05/05/25 For Sale $2,995,000 +82.8% --
03/27/2023 03/27/23 Sold $1,638,625 +5.7% --
08/05/2022 08/05/22 Pending -- -- --
06/13/2022 06/13/22 Price Changed $1,550,000 -6.1% --
01/04/2022 01/04/22 For Sale $1,650,000 +340.0% --
06/10/2021 06/10/21 Sold $375,000 -6.0% --
05/03/2021 05/03/21 Pending -- -- --
04/30/2021 04/30/21 For Sale $399,000 +42.5% --
06/15/2018 06/15/18 Sold $280,000 -11.1% --
04/12/2018 04/12/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $315,000 -- --
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $1,638,625 Surety Title
Deed $375,000 Surety Title Company
Deed $280,000 None Available
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,310,900 New Conventional
Previous Owner $9,266 FHA
Previous Owner $272,988 FHA
Previous Owner $274,928 FHA
Source: Public Records

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Source: South Jersey Shore Regional MLS

MLS Number: 595897

South Jersey Shore Regional MLS

APN: 16-00605-02-00016