$1,789,000

5 N Monroe Ave Margate, NJ 08402

$10,000
Closing credit¹
4 beds
3 full, 1 partial
House

Property details

About 5 N Monroe Ave

Welcome to your dream home at 5 N Monroe Unit A! This stunning new construction boasts 4 spacious bedrooms and 3.5 bathrooms, along with a versatile den that's conveniently located on the first floor and provides direct access to the backyard where there is room to entertain and add a pool! You'll be greeted by the timeless beauty that run throughout the residence. The second floor serves as the main living area, featuring a cozy fireplace in the living room and a delightful deck, perfect for relaxing or entertaining. Adjacent to the living room, you'll find a wet bar, adding a touch of luxury to your gatherings. The gourmet eat-in kitchen is a chef's dream, equipped with top-of-the-line appliances and a dining area where you can savor your culinary creations. There's also a bedroom on this level with its own ensuite bathroom and another deck, offering privacy and comfort. On the third floor, you'll discover a spacious primary suite with its own deck, providing a tranquil retreat. The ensuite bathroom is a true masterpiece, featuring a huge shower that's perfect for unwinding after a long day. Additionally, the third floor boasts two large bedrooms with a jack and jill bathroom and the convenience of a washer and dryer. For those who love outdoor living, this property has you covered with an enclosed outdoor shower and a large backyard with a covered area, ideal for outdoor dining and relaxation. Plenty of room to add a pool! Located in the heart of Margate, two short blocks from the beach. This home is just a stone's throw away from all the amazing shopping and restaurants this vibrant community has to offer. Don't miss the opportunity to make this your forever home!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
CoolingCeiling Fan(s), Central Air
Year builtNew Const.
ParkingThree or More Cars
MLS #588547
Attached garageYes
WaterfrontSee Remarks
FireplaceFamily Room
ViewSee Remarks

Summary

  • MLS Number: 588547
  • Office Name: Compass Real Estate-Margate
  • Office Phone: (609) 246-7638

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2025 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/23/2025, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring a garage and a balcony

$1,789,000

5 N Monroe Ave

$10,000

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

9

William H. Ross III Elementary School

Public District PK-4

1.1 mi

101 N Haverford Ave

8

Ventnor Elementary School

Public District PK-4

1.7 mi

400 N Lafayette Ave

6

Seaview Elementary School

Public District PK-4

3.7 mi

2013 Wabash Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $72,390. The majority of Margate, NJ residents have income between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

18%
<35k
56%
35k-100k
22%
100k-200k
4%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

64%
Single, No Kids
4%
Single, with Kids
28%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
2%
12-17 yrs old
15%
18-34 yrs old
48%
35-64 yrs old
30%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Hiking/backpackingHiking/backpacking
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Stein MartStein Mart
  • Nordstrom RackNordstrom Rack
  • Express/Express For MenExpress/Express For Men

Where do the neighbors go to eat?

  • Bonefish GrillBonefish Grill
  • ChipotleChipotle
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • LincolnLincoln
  • MazdaMazda
  • BuickBuick

What do the neighbors listen to?

  • ClassicalClassical
  • RockRock
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5 N Monroe Ave

This home is located at 5 N Monroe Ave in Margate, NJ and zip code 08402. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 29, 2024 and is currently priced at $1,789,000.

While more than 0 listings in Margate, NJ in January 2025 were sold above asking price, there were more than 2 listings sold at asking price, and more than 7 were sold below. Between December and January 2025, Margate, NJ real estate market has seen decrease in the number of listings by 1.1%. The median list price of listings available in January 2025 was $948,750, while the average time on the real estate market was 28 days.

From Rocket Homes Real Estate and based on county public records data.

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