7 S Hanover Ave Margate, NJ $ 1,799,000
7 S Hanover Ave
$ 1,799,000
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7 S Hanover Ave

Margate, NJ, 08402
$ 1,799,000
Bedrooms4 Baths3.0 Sq 2,240

Monthly Estimate*

$ 11,077

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Single Family Home for sale in Margate, NJ

for $1,799,000 with 4 bedrooms and 3 full baths. This 2,240 square foot home was built in 1925.

SOUTHSIDE SINGLE-FAMILY HOME WITH ENDLESS POTENTIAL! Located on the south side in Margate’s highly sought-after Down Beach Section, this home is tucked away on a quiet, rarely traveled street just 8 houses to the beach. Enjoy the perfect blend of convenience and coastal tranquility—only a short stroll to Casels, Starbucks, shopping, and Margate’s best restaurants, yet set on one of the area’s most peaceful streets. This spacious home offers 4 bedrooms, 3 full baths, and 2,240 sq ft of living space, plus additional flexible rooms that enhance both function and future potential. In addition to the main living room, the property features a separate den/family room, ideal for a TV room, playroom, or secondary gathering space. There is also a small bonus room that could serve as a 5th bedroom, home office, or den, depending on your needs. Beautiful hardwood floors, a bright open living area, and generously sized bedrooms create a warm and inviting interior. The primary suite includes an updated private bath and its own balcony—perfect for morning coffee or evening relaxation. Outside, enjoy a great deck for entertaining, an enclosed outdoor shower, a storage shed, and off-street parking for three cars on a parking pad. A basement provides additional storage for all your beach gear. Outstanding redevelopment opportunity: With its prime southside location and desirable lot, the property offers potential for a new three-story custom home with a private pool (buyer to confirm with local zoning). Whether you’re a builder, investor, or end-user looking to create a signature beach retreat, the possibilities are exceptional. Enjoy the home as-is, renovate to your taste, or build new—this southside Margate gem checks every box. Call today for a private showing.

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Single Family Pending

Price

$ 1,799,000

Bedrooms

4

Full Bath

3

Property Type

Single Family

Taxes

$ 9,659

Style

2 Story

Year Built

1925

Town/City

Margate

County/Region

Atlantic

MLS | Web ID

603015

Features
General
Water Public
Sewer Public Sewer
Heating Forced Air Gas-Natural
Status Under Contract Under Contract
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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Interior
Basement 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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Exterior
Driveway Concrete
Lot 9
Lot Dimensions 43.5x62.5
Lot Size Less than One Acre
Storms/Screens Combination
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* Excluded Features
List By
Marr Agency

Broker

Affordability Calculator

$11,882
Per Month
93%
7%
0%
Monthly Principal & Interest
$11,077
Monthly Property Taxes
$805
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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.
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Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/10/2025$1,799,000 Listed Price

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7 S Hanover Ave, Margate, NJ, 08402 is a Single Family Home for sale at $1,799,000 with 2,240 sqft. 7 S Hanover Ave has 4 bedrooms, 3.0 baths, and was built in 1925. The property's zip code is 08402 which is in Margate, NJ