8702 Monmouth Ave

Property Description

PARKWAY SECTION -- Prime investment and redevelopment opportunity in the highly desirable Parkway section of Margate City, just a couple of blocks from the beach. Situated on a 45' x 80' lot, this property offers strong potential for investors, builders, or end users looking to renovate in a premier location. The existing home features 5 bedrooms, 3 full bathrooms, an additional office, hardwood floors, a bar area, a wood-burning fireplace, and a deck, offering a solid footprint with character. A two-car driveway provides off-street parking, a valuable amenity in this location. Ideally located within close proximity to Margate's most popular restaurants, bars, and boutique shopping. A rare opportunity to acquire a home near the beach in one of Margate's most sought-after neighborhoods. Opportunities like this don't last. Schedule a showing now. The property is part of an estate and is being conveyed in its present "as-is" condition.

Overview

Property Status

Sold

Date Sold

February 11, 2026

MLS ID

603519

Property Type

Residential

Features & Amenities

Neighborhood

Margate City

Water Source

Public

Parking

Two Car

Heat Type

Gas-Natural

Fireplace

Built-In, Wood Burning

Other Interior Features

Bar

Sewer

Public Sewer

Security Features

Bar

Other Exterior Features

Deck

Sales Price

$1,250,000

Real Estate Tax

$9,107/yr

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for your interest in 8702 Monmouth Ave, Margate, NJ 08402

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