429 North Pembroke Avenue

Margate City, NJ 08402

$7,200,000
Price
4
Beds
3
Baths
1
1/2 Bath
3,740 Sq. Ft.
$1,925 / Sq. Ft.
3,740
Sq. Ft.
$1,925
per Sq. Ft.

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Description

A "once in a lifetime" real estate opportunity has presented itself. Located in Margate's very desirable Parkway Section and situated on the iconic Orient lagoon sits this landmark style property. Boasting 134’ feet of waterfront property, the existing home was custom built approximately 25 years ago and has been impeccably maintained throughout the years. Exterior features: include: Dual side yard, Zen like gardens, perhaps the largest waterfront deck on the island featuring ipe deck boards, custom...A "once in a lifetime" real estate opportunity has presented itself. Located in Margate's very desirable Parkway Section and situated on the iconic Orient lagoon sits this landmark style property. Boasting 134’ feet of waterfront property, the existing home was custom built approximately 25 years ago and has been impeccably maintained throughout the years. Exterior features: include: Dual side yard, Zen like gardens, perhaps the largest waterfront deck on the island featuring ipe deck boards, custom railing system and providing forever, stunning water views. For the true car enthusiast, the 3 car garage will fit beautifully into your lifestyle. The boating enthusiast will marvel at the 4 large slips and 45’ floating docs complete with ipe decking. Upon entering through the double doors it becomes readily apparent of the architectural creativity and deep thought that went into the beautifully functioning floor plan an overall design which focuses on the forever bay and lagoon views. As you approach the main living space, you are greeted with a wall of glass exemplifying the stunning water views. To the left you enter into the great room featuring soaring 25’ ceilings with custom window coverings and custom built-ins. Just down the hall, you will find a full bath featuring designer fixtures, large walk-in shower with frameless glass surround which leads into the home office area also, offering soaring ceilings. The large dining room has easy access to the lagoon front deck and is adjacent to the gourmet style custom kitchen, highlighted with a fabulous ceiling detail, large island area, fully custom cabinetry, and built-ins with glass fronts. From the kitchen you will find a convenient half bath which flows seamlessly into the butlers pantry that is accessible through the large private home office complete with handmade custom built in. The 2nd level of the exquisite home features 3 gracious bedrooms and fully tiled costume bath. The primary suite is large but cozy boasting soaring ceilings, double sided fireplace that leads into the primary bath which is highlighted with a large built-in Jacuzzi tub, walk-in shower and private water closet. The adjacent large sitting area overlooks the great room and features deck access allowing for direct and forever water views. The master closet room is approximately 18 x 15 and resembles a small boutique store. Property has a multi zone HVAC system alog with multi zone radiant floor heat system. The options here are truly endless, develop the 134 x 100 lot and create a multigenerational, landmark style home for the ages. Create a conforming lot of 50x100’ to sell off and develop the remaining 84’ x 100‘ lot for your personal Margate waterfront getaway. Or, create 2 oversized lots, 67’ x100’, and that point, sell 1 off to subsidize your Margate waterfront home. Property being sold in "as is" condition and buyer is responsible to perform any and all due diligence. Seller makes no representations or guarantees of the condition of the property.
  1. Listed by TROY ROSENZWEIG • BHHS FOX and ROACH-Margate
  2. Listed by STACY SCHERR • BHHS FOX and ROACH-Margate

Property Details for 429 North Pembroke Avenue

City/Community
Margate
Class
RESIDENTIAL
Parking - Exterior
Three or More Cars
Waterfront (Y/N)
Yes
LISTING UPDATED: 09/17/2024 07:57 PM

Property Details for 429 North Pembroke Avenue

StatusActive
MLS #587936
Days on Market84
Taxes$32,420 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Single Family
Year Built1999
Lot Size0.31 AC / 13,400 SF
CountyAtlantic County

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Building Information for 429 North Pembroke Avenue

Stories-Year Built1999Building Size-Lot Size0.31 AC / 13,400 SF

Property Information for 429 North Pembroke Avenue

Summary
Location and General Information
  • Address: 429 N Pembroke Ave
  • Address Direction: N
  • Address Number: 429
  • Address Search Number: 429
  • Address Street: Pembroke
  • Area: Margate City
  • County: Atlantic
  • Directions: .
  • Fips Code: 34001
  • House Color: Beige
  • Location: Bay Front, Bulkheaded, Docks, Lagoon Front, See Remarks, Water View
  • State: NJ
  • Street Designation: Ave
  • Style: 2 Story
  • Zip: 08402
Parking
  • Garage: Three or More Cars, See Remarks
Taxes and HOA Information
  • Homeowners Assoc Fee: $0
  • LVT Date: 08-12-2024
  • Tax Year: 2023
  • Taxes: 32420
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Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 3740
  • Block #: 616
  • Lot #: 12
  • Lot Dimensions: 134x100
  • Lot Frontage: 134
  • Lot Size: Less than One Acre
Property and Assessments
  • Age: 21 to 25 Years
  • Associated Document Count: 0
  • New Construction: No
  • Total Assessment: 1980000
  • Water: Public
  • Year Built: 1999
  • Adult Community/55+: No
Utilities
  • Full Baths: 3
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Boat Slip, Deck, Sidewalks
  • Siding/Exterior: Dryvit, See Remarks
Interior Features
  • Air Conditioning: Central, Multi-Zoned
  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Bedrooms: 4
  • Fireplace: Built-In, See Remarks
  • Flooring: Hardwood, Tile
  • Half Baths: 1
  • Heating: Gas-Natural, Multi-Zoned, Radiant, See Remarks
  • Interior Features: Cathedral Ceiling, Carbon Monoxide Detector, Kitchen Center Island, Smoke/Fire Alarm, Walk In Closet
  • Other Rooms: Dining Room, Eat In Kitchen, Great Room, Laundry/Utility Room, Library/Study
  • Rooms: 14
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No

Property History for 429 North Pembroke Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 429 North Pembroke Avenue

Taxable ValueLand$1,228,400Additions$751,600Total$1,980,000
Tax Record2023$32,420 ($2,702 / month)
Home Facts
Beds0Total Finished SqFt3,740 SqFtAbove Grade Finished SqFt3,740 SqFtStories2Lot Size13,399 SqFtStyleSingle Family ResidenceYear Built1999Zoning40WFCountyATLANTICAPN16 00616-0000-00012

Schools near 429 North Pembroke Avenue

This home is within Margate City School District.
Rating
School
Type
Grades
Distance
William H. Ross III Intermediate School
Public - PK to 4
Eugene A Tighe Mid School
Public - 5 to 8
Blessed Sacrament Regional School
Private - PK to 8
Rating
School
Distance
William H. Ross III Intermediate School
PublicPK to 4

Eugene A Tighe Mid School
Public5 to 8

Blessed Sacrament Regional School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 429 North Pembroke Avenue, Margate City, NJ 08402

429 North Pembroke Avenue is a single family home for sale in Margate City, NJ 08402. This property was listed for sale on August 8, 2024 by BHHS FOX and ROACH-Margate, it's currently listed at $7,200,000. It has been on the market for a total of 84 days and was last sold on August 7, 2000. This listing's school district is Margate City School District. Nearby schools include William H. Ross III Intermediate School, Eugene A Tighe Mid School and Blessed Sacrament Regional School. 429 North Pembroke Avenue is a 4-bed, 3.5-bath, 3,740 sqft single family home built in 1999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of BHHS FOX and ROACH-Margate

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.