Recently Listed Open House 12/13 11am - 2pm
7 S Hanover Ave
Margate, NJ, 08402 $ 1,799,000
Bedrooms4 Baths3.0 Sq 2,240 Monthly Estimate*
$ 11,223
for $1,799,000 with 4 bedrooms and 3 full baths. This 2,240 square foot home was built in 1925.
OPEN HOUSE SATURDAY DEC. 13th 11am-2pm. SOUTHSIDE SINGLE-FAMILY HOME WITH ENDLESS POTENTIAL! Located on the SOUTH SIDE in Margateâs highly sought-after Down Beach Section, this home sits on a quiet, rarely traveled street just 8 houses to the beach. Youâll enjoy the perfect blend of convenience and coastal tranquilityâjust a short stroll to Casels, shopping, Starbucks, and top local restaurants, yet tucked away in one of Margateâs most peaceful neighborhoods. This spacious 4-bedroom, 3-bath home offers 2,240 sq ft of living space and an exceptional opportunity for both immediate enjoyment and future vision. Beautiful hardwood floors, a bright open living area, and generously sized bedrooms create a warm and inviting interior. The primary suite features an updated private bath and its own balconyâideal for morning coffee or evening relaxation. Outside, the property includes a great deck for entertaining, an enclosed outdoor shower, a storage shed, and a parking pad accommodating three cars. A basement provides additional storage for all your beach gear. Outstanding redevelopment opportunity: With its prime location and lot size, this parcel offers the potential for a new 3-story custom home complete with a private pool (confirm with local zoning). Whether you're a builder, investor, or buyer looking to create a signature beach retreat, the possibilities are exceptional. Enjoy the home as-is, renovate to your taste, or build newâthis southside gem checks every box. Call today for a private showing!
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Open House
12/13/2025 11:00 AM - 2:00 PM
7 S Hanover Ave Margate, NJ
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralWater Public
Sewer Public Sewer
Heating Forced Air Gas-Natural
Status Active Active
Full Baths 3
Half Baths 0
Year Built 1925
Water Heater Gas
Style 2 Story
Class RESIDENTIAL
Type Single Family
Rooms 10
Tax Year 2024
Garage None
Status Detail 0
Waterfront No
Area Margate City
Location Water View
Taxes 9659
Adult Community/55+: Y/N 0
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InteriorBasement 6 Ft. or More Head Room Inside Entrance Slab Unfinished
Flooring Hardwood Tile W/W Carpet
Beds 4
Air Conditioning Ceiling Fan(s) Central
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ExteriorDriveway Concrete
Lot 9
Lot Dimensions 43.5x62.5
Lot Size Less than One Acre
Storms/Screens Combination
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $11,223
- Monthly Property Taxes
- $805
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Margate, NJ
Average List Price $2,477,951
Percent of Sale Price 38%
About Margate, NJ 5,176 Population
-37% Since 2002
$ 66,723 Median Income
56.68 Median Age
10% Households with Children
Trends Information provided by ATTOM Data Solutions.
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 12/10/2025 | $1,799,000 | | Listed Price |