Residential > House
Active
2 weeks ago
List Price
$3,000,000
127 Madison Ave
Margate City, NJ 08402
- 5Beds
- 5Baths
- 2,660ft²Living Area
- 3,751ft²Lot Size
- -Pool
- -Car
- 1930Year Built
- 11DOM
- 4Permits
127 Madison Ave, Margate City, NJ 08402 is a 5 bed, 5 bath, 2,660 ft² house built in 1930 on a 0.086 acre lot with 4 construction permits. This house is currently for sale for $3,000,000, and it was last sold in 2023 for $2,400,000. The latest TopHap estimate of the house's value is $1,055,000.
Property Valuations
Latest estimates for 127 Madison Ave based on TopHap automated valuation model (AVM).
TopHap Estimate
$1,055,000
$396/ft²
-$2M below List Price
Updated 14 months ago
127 Madison Ave is valued at $1,055,000 by TopHap AVM 14 months ago.
MLS Description
The listing agent's description. Original Listing
Experience unparalleled luxury in this stunning newer home, perfectly situated in Margate's highly desirable marina district. Located just three blocks to the beach and walking distance to the finest dinning, shopping and family fun activities Margate has to offer. The exterior is designed for both beauty and functionality, featuring multiple oversized entertaining decks with breathtaking bay views and a bonus glimpse of the ocean. The overly spacious rear yard is a true oasis, complete with a large in-ground Gunite pool, a family-friendly veranda, and a lounging area complete with an outdoor bar and TV. A convenient garage and a custom-built, professional-grade sauna add to the appeal of this home. Ground Level: Step through custom double doors into an air-conditioned entry space that provides access to the garage, the rear entertaining area, and the sauna—an ideal setup for relaxing or hosting guests. First Floor: This level boasts an incredible chef’s kitchen equipped with upgraded high-end stainless steel appliances, 42-inch custom cabinetry, and an oversized L-shaped island, perfect for casual dining. The elegant family room features floor-to-ceiling windows that flood the space with natural light and a sleek linear crystal-electric fireplace as the focal point. A custom-built bar, complete with an ice maker, beverage center, sink, and storage, is conveniently located off the kitchen and leads directly to the fourth deck, overlooking the pool. The entire home is operated on a smart home system controlling lights, security and entertainment features. Second Floor: The impressive primary suite offers a private deck, dual walk in closets, and a stylish, spa-like bathroom. Two additional en-suite bedrooms complete this level, providing plenty of space and comfort for family or guests. Third Floor: The third level is a showstopper, featuring a family/media room with another wet bar, a stunning full bathroom with custom tile and designer fixtures, and a spacious deck with captivating bay views the perfect place to enjoy sunsets and the summer breeze. A generously sized bedroom with large windows and ample closet space rounds out this floor. With luxury finishes throughout and every amenity thoughtfully included, this home is perfect for year-round living and entertaining. Don’t miss the opportunity to own this masterpiece in Margate’s premier location!
Listing Agents
The listing agent for 127 Madison Ave is LINDA NOVELLI.
LN
LINDA NOVELLI
Compass Real Estate-Margate
License: 9701812
Phone: (609) 839-3715
Permits
127 Madison Ave has 4 permit records.
Permit History
4
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2022$26,251.61From latest Total Assessed Value1.58%Total Assessed Value$1,663,600=Land+
Assessed Value$240,200Additions
Assessed Value$1,423,400
In 2022, taxes billed for 127 Madison Ave were $26,251.61, which is 1.58% from latest Total Assessed Value of $1,663,600.
Property History
127 Madison Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 127 Madison Ave
Hazard Risks
Hurricane166Carb Mono157Ozone118Air Pollution115Lead103Weather102Nat'l Avg100Particulates97Wind88Hail38Earthquake37Tornado22
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 127 Madison Ave.
Walkability Index
17 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
127 Madison Ave has a walkability score of 17 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
28°F
High
43°F
Summer
Average
Low
65°F
High
80°F
In the winter at 127 Madison Ave, temperatures range from 28.2°F to 43.25°F with an average of 35.73°F. In the summer, the temperature ranges from 65.3°F to 80.11°F with and average of 72.71°F.
School Information
Public/private schools serving 127 Madison Ave
Public Schools
Atlantic City High School
Grades: 9-12
3.79 mi
D-
Eugene A. Tighe Middle School
Grades: 5-8
1.16 mi
A-
William H. Ross III Elementary School
Grades: PK-4
1.04 mi
A
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 127 Madison Ave have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in Margate City, Margate City, NJ 08402.
Seasonal Housing units 08402
93%of housing is for seasonal rent.
Daytime Population for 08402
-2%of people during work hours.
Boundary map of Margate City.
Crime Index for 08402
154
154
The crime index in 08402 is 154, which is 1.5 times higher than national average.
Market Trends
Historical market data near 127 Madison Ave over selected time period.
Nearby Properties on Madison Ave
- 30 S Madison Ave, Margate City, NJ 08402 (Margate City) is a 1,952 square foot and 0.05 acre property. It was built in 2003 and has an estimate of $1,006,786 with a price per ft² of $516.
- 14 S Madison Ave, Margate City, NJ 08402 (Margate City) is a 2,128 square foot and 0.07 acre property. It was built in 1945 and has an estimate of $687,790 with a price per ft² of $323.
- 17 N Madison Ave, Margate City, NJ 08402 (Margate City) is a 1,522 square foot and 0.07 acre property. It was built in 1925 and has an estimate of $938,637 with a price per ft² of $617.
- 12 N Madison Ave #Apt A, Margate City, NJ 08402 (Margate City) is a 1,220 square foot and 0.14 acre property. It was built in 1988 and has an estimate of $533,179 with a price per ft² of $437.
- 15 S Madison Ave, Margate City, NJ 08402 (Margate City) is a 1,425 square foot and 0.11 acre property. It was built in 1950 and has an estimate of $863,944 with a price per ft² of $606.
- 24 N Madison Ave, Margate City, NJ 08402 (Margate City) is a 1,072 square foot and 0.07 acre property. It was built in 1950 and has an estimate of $662,679 with a price per ft² of $618.
- 31 S Madison Ave, Margate City, NJ 08402 (Margate City) is a 2,306 square foot and 0.06 acre property. It was built in 2003 and has an estimate of $1,536,685 with a price per ft² of $666.
- 18 N Madison Ave # A, Margate City, NJ 08402 (Margate City) is a 1,342 square foot and 0.14 acre property. It was built in 1948 and has an estimate of $617,900 with a price per ft² of $460.
- 25 N Madison Ave # B, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $384,000 with a price per ft² of $414.
- 105 N Madison Ave, Margate City, NJ 08402 (Margate City) is a 1,515 square foot and 0.06 acre property. It was built in 1920 and has an estimate of $684,885 with a price per ft² of $452.
- 14 N Madison Ave, Margate City, NJ 08402 (Margate City) is a 2,595 square foot and 0.07 acre property. It was built in 2011 and has an estimate of $1,068,176 with a price per ft² of $412.
- 106 N Madison Ave #Apt B, Margate City, NJ 08402 (Margate City) is a 1,404 square foot and 0.27 acre property. It was built in 2001 and has an estimate of $666,822 with a price per ft² of $475.
- 20 N Madison Ave # B, Margate City, NJ 08402 (Margate City) is a 2,196 square foot and 0.13 acre property. It was built in 2005 and has an estimate of $955,100 with a price per ft² of $435.
- 200 N Madison Ave # A, Margate City, NJ 08402 (Margate City) is a 1,054 square foot and 0.07 acre property. It was built in 1964 and has an estimate of $374,200 with a price per ft² of $355.
- 29 S Madison Ave, Margate City, NJ 08402 (Margate City) is a 2,212 square foot and 0.06 acre property. It was built in 2003 and has an estimate of $1,468,477 with a price per ft² of $664.
- 11 N Madison Ave # B, Margate City, NJ 08402 (Margate City) is a 2,532 square foot and 0.14 acre property. It was built in 2006 and has an estimate of $1,103,372 with a price per ft² of $436.
- 25 N Madison Ave #Apt B4, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $385,100 with a price per ft² of $415.
- 106 N Madison Ave #Apt E, Margate City, NJ 08402 (Margate City) is a 1,568 square foot and 0.27 acre property. It was built in 2001 and has an estimate of $695,000 with a price per ft² of $443.
- 21 S Madison Ave #Apt 3, Margate City, NJ 08402 (Margate City) is a 779 square foot and 0.14 acre property. It was built in 1965 and has an estimate of $460,026 with a price per ft² of $591.
- 21 S Madison Ave #Apt 7, Margate City, NJ 08402 (Margate City) is a 912 square foot and 0.14 acre property. It was built in 1965 and has an estimate of $552,819 with a price per ft² of $606.
- 21 S Madison Ave #Apt 2, Margate City, NJ 08402 (Margate City) is a 779 square foot and 0.14 acre property. It was built in 1965 and has an estimate of $360,000 with a price per ft² of $462.
- 17 S Madison Ave, Margate City, NJ 08402 (Margate City) is a 1,314 square foot and 0.07 acre property. It was built in 1938 and has an estimate of $717,167 with a price per ft² of $546.
- 25 N Madison Ave # A, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $383,300 with a price per ft² of $413.
- 25 N Madison Ave # B, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $377,300 with a price per ft² of $407.
- 12 N Madison Ave #Apt C, Margate City, NJ 08402 (Margate City) is a 1,170 square foot and 0.14 acre property. It was built in 1988 and has an estimate of $564,983 with a price per ft² of $483.
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