Check Availability
$2,499,900
House - For Sale

25 S Madison Ave

Margate, NJ 08402
bedrooms
5 Beds
bathrooms
4 Baths
$12,275
Estimated Monthly
$0
HOA / Fees
14.20%
Cap Rate

About This Property

SOUTHSIDE NEW CONSTRUCTION SINGLE FAMILY IN THE MARINA DISTRICT, 7TH HOME FROM BEACH, POOL AND ELEVATOR, LOCATED ON THE SUNNY SIDE OF THE STREET!! Welcome to 25 S Madison Avenue in Margate, New Jersey, where coastal luxury living meets modern elegance in the heart of the marina district. This stunning new construction home rises majestically to four stories, offering breathtaking views of the surrounding area and steps from Margate's beautiful beaches, popular restaurants, shopping, entertainment and all that the Marina district has to offer. The moment you step inside, you'll be captivated by the attention to detail and thoughtful design that flows throughout the entire home. Boasting five bedrooms and four bathrooms, there's plenty of space for family and guests. The convenience of a 4-stop elevator ensures easy access to each level, making daily living a breeze. One of the highlights of this exquisite home is the outdoor oasis that awaits you. A beautifully landscaped pool area, accented with pavers and exotic wood, beckons you to relax and unwind. The covered veranda provides a perfect spot to escape the sun while enjoying the refreshing coastal breeze while sitting with family and friends watching the game, BBQ'ing and chillaxing! An outdoor shower adds to the convenience and charm of this resort-like setting, ideal for beach days or cooling off after a dip in the pool. Multiple decks are strategically placed throughout the property, offering picturesque views from different vantage points, enhanced by its location on the sunny side of the street, ensuring that the home and its outdoor spaces bask in natural light. The second level opens up to an expansive open floor plan featuring 9-foot ceilings that create an airy and inviting atmosphere. The kitchen is a chef's dream, adorned with top-of-the-line Sub Zero and Wolf appliances, sleek quartz countertops, and a striking backsplash. A massive island serves as the centerpiece, providing ample space for meal preparation and casual dining. The adjacent living area boasts a linear gas fireplace, perfect for cozy evenings, and a designated space for a TV, ensuring entertainment is always at hand. Venturing to the third level, you'll discover the owner's suite, a private sanctuary that spans the entire front of the home. The suite is complete with a private deck, offering a tranquil retreat to enjoy the sunrise or sunset. The owner's bathroom boasts modern finishes, including a double bowl sink, stylish tilework, and a luxurious shower equipped with a rain head and body jets, providing a spa-like experience. Two additional bedrooms and bath round out the third level. The fourth level boasts two bedrooms and one bath to provide comfortable accommodations for family members or guests. The exterior of the home is a masterpiece of design, featuring a metal roof detail, wood accents, light-colored James Hardie cement siding, and Azek siding, creating a sophisticated yet coastal aesthetic. Modern material accents and an aluminum rail cable railing system add a contemporary touch to the overall look. Embrace the coastal lifestyle you've always dreamed of at 25 S Madison Avenue! Call today to schedule a tour! Ready for April/May 2024 delivery.
Unit Size
-
Days on Market
97 days
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1945

Listed By

LAWRENCE STONE
SOLEIL SOTHEBY'S INTERNATIONAL REALTY - A
Last updated: 4 months ago (SJSRMLSNJ #581788)

Price History

Date / Event Date Event Price
Feb 3, 2024 No longer available -
No longer available
Feb 2, 2024 Listed by Soleil Sotheby's International Realty $2,499,900
Listed by Soleil Sotheby's International Realty
Jul 28, 2023 Listed by Soleil Sotheby's International Realty $2,499,900
Listed by Soleil Sotheby's International Realty
SOUTHSIDE NEW CONSTRUCTION SINGLE FAMILY IN THE MARINA DISTRICT, 7TH HOME FROM BEACH, POOL AND ELEVATOR!! Welcome to 25 S Madison Avenue in Margate, New Jersey, where coastal luxury living meets modern elegance in the heart of the marina district. This stunning new construction home rises majestically to four stories, offering breathtaking views of the surrounding area and steps from Margate's beautiful beaches, popular restaurants, shopping, entertainment and all that the Marina district…
Mar 9, 2023 Sold $470,000
Sold
Mar 25, 1972 Sold to Frances A Myers $28,000
Sold to Frances A Myers

Property Highlights

Fireplace
Air Conditioning
Interior Details

Interior Information

Deck
Security System

Fireplace Information

Fireplace

Basement Information

Basement
Exterior Details

Pool Information

Pool

Exterior Information

Concrete
Wood

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,579
  • Lot Size Depth Feet: 625
  • Lot Size Frontage Feet: 413
  • Total Building Area: 1,344
  • Building Area: 1,344
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,344
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.059

Ownership

  • Current Owner : BENDYL DEVELOPMENT LLC
  • Previous Owner : MYERS-MANCUSO FRANCES A
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Margate City School District
  • Census Tract: 013102

Zoning

  • Zoning: MF

Geography

  • Assessors Map Reference: TAX MAP 4
  • District: 16
  • Parcel: 16 00129-0000-00046
  • Block: 129
  • Lot: 46
  • Municipality: MARGATE CITY
  • Latitude: 39.3201
  • Longitude: -74.5154

    Address

  • Full Address: 25 S Madison Ave
  • Address - House Number: 25
  • Street Direction: S
  • Address - Street Name: Madison
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Margate City
  • Carrier Code: C095
  • 4-Digit Zip Code: 2206
  • Zip Code: 08402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,023

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 690,905
  • High Value: 871,487
  • Low Value: 510,323

    Market Valuation

  • Market Total Value: $318,300
  • Market Land Value: $234,700
  • Market Improvement Value: $83,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $318,300
  • Assessed Land Value: $234,700
  • Assessed Improvements Value: $83,600

    Sales

  • Current Sale Contract Date: Feb 21, 2023
  • Current Sale Recording Date: Mar 09, 2023
  • Current Sale Transaction ID: 11903613453
  • Current Sale Price: $470,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 12448
  • Previous Sale Recording Date: Mar 25, 1972
  • Previous Sale Contract Date: Mar 25, 1972
  • Previous Sale Amount: $28,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
5 Baths
4,979 ft²
$442/ft²
$2,200,000 Oct 6, 2019
$2,200,000 Jan 24, 2020
-
House
5 Beds
6 Baths
3,808 ft²
$604/ft²
$2,300,000 Oct 1, 2015
$2,300,000 Aug 31, 2016
-
House
6 Beds
6 Baths
3,400 ft²
$618/ft²
$2,100,000 May 5, 2023
$2,100,000 Dec 8, 2023
-
House
4 Beds
3 Baths
2,269 ft²
$1,223/ft²
$2,775,000 Jul 3, 2023
$2,775,000 Sep 28, 2023
-
House
5 Beds
4.5 Baths
-
$2,489,000 Sep 29, 2023
-
-
House
5 Beds
4.5 Baths
-
$2,400,000 Jul 31, 2023
-
-
House
5 Beds
5.5 Baths
-
$2,799,000 Aug 23, 2023
-
-
House
5 Beds
4 Baths
-
$2,500,000 Jan 1, 2024
-
$802/mo
House
6 Beds
6 Baths
-
$2,950,000 Oct 20, 2023
-
-
House
3 Beds
2.5 Baths
-
$2,600,000 Dec 6, 2023
-
$1,028/mo

About Margate City


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Frequently Asked Questions

When was property at 25 South Madison Avenue built and last sold?
The property at 25 South Madison Avenue was built in 1945 and last sold on Feb 21, 2023 for $470,000.
How much is this home worth?
The estimated value of the home located at 25 South Madison Avenue is $2,524,899.
What are some comparable homes to 25 South Madison Avenue?
Homes that are comparable to 25 South Madison Avenue include a house property at 122 North Thurlow Avenue, 312 North Union Avenue, 10 North Rumson Avenue.

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