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118 N Monroe Ave A, Margate, NJ 08402

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For Sale

$1,199,999

3 beds • 2 baths • 1 half baths • 1,980 sqft

Estimated Payment

$ 7,089 /mo. †

6.85% APR for 30 yrs.
$9,577 in taxes
Change Loan Terms

  • Condominium
    Property type

  • $606.06
    Price per square foot

  • 11-20 Years Old
    Age

Explore this Property

Don t Wait This Stunning Condo Has It All! Welcome to your dream home! This beautifully maintained 4-unit building, built in 2007, is bursting with charm, convenience, and features you ll absolutely love. Nestled on nearly 1/4 acre, it offers a lifestyle of comfort and ease. The 2-car garage comes equipped with hose bibs for rinsing off beach sand or washing your car, and a private backdoor leads to an enormous, landscaped yard with elegant pavers perfect for relaxing, entertaining, or creating your own backyard oasis! Step through the front door, and you re greeted by a spacious, open-concept layout that s perfect for hosting friends, relaxing with family, or working from home. Want even more convenience? Enter through the garage and take the elevator straight up to your unit! The bright and airy living room flows seamlessly to your recently expanded front deck, a fantastic spot to soak in the sunshine or enjoy a morning coffee. The kitchen is a chef s delight, featuring granite countertops, a raised island, a gas stove, and plenty of cabinet space for all your cooking essentials. The hallway leads you to a powder room, a full bathroom with double vanities, utility room and two large, inviting bedrooms on the left. At the end of the hall, the luxurious primary suite awaits with soundproofing for ultimate tranquility, a spacious walk-in closet, and a private bathroom featuring a double vanity and walk-in shower. As if that weren t enough, you ll love the private second deck off the primary bedroom a perfect retreat for evening unwinding or morning inspiration. This home is packed with thoughtful extras, including automatic lighting in all common areas, an HVAC service contract, and a touchscreen alarm system for peace of mind. Best of all, it s just a short walk to the bay, beach, restaurants, and shops everything you need is right at your doorstep. This is more than a condo; it s a lifestyle upgrade. Don t wait call today to schedule your private tour and make this extraordinary home yours!
MLS# 592583

Courtesy Of Keller Williams Realty Jersey Shore

(609) 399-5454

Property Features

  • Age
    11-20 Years Old
  • Amenities
    Ceiling Fan, Disabled Access, Elevator
  • Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
  • Cooling System
    Ceiling Fan(s)
  • Heating System
    Forced Air
  • Rooms
    Dining Room, Family Room, Kitchen

Map and Directions

Directions to 118 N Monroe Ave A, Margate, NJ 08402

Home seller CENTURY 21 Rauh & Johns

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Rauh & Johns

(856) 582-0366
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $6,290
  • Property Taxes
    $798
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $7,089

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

William H. Ross Iii Elementary School

Grades PK-4 Public School

Margate City, NJ 08402 1.1 miles
101 n haverford ave

198 total students
9:1 Student teacher ratio

School Rating: A

School Details

Eugene A. Tighe Middle School

Grades 5-8 Public School

Margate City, NJ 08402 1.2 miles
7804 amherst ave

184 total students
8:1 Student teacher ratio

School Rating: A

School Details
Other Nearby Schools Distance Type Grades School Rating
Ventnor Elementary School 1.7 miles Public PK-4 A
Ventnor Middle School 1.7 miles Public 5-8 B
Belhaven Middle School 3.3 miles Public 5-8 B+
Mainland Regional High School 3.5 miles Public 9-12 C
Seaview Elementary School 3.5 miles Public PK-4 B-
Richmond Avenue School 3.7 miles Public PK-8 B
Dawes Avenue Elementary School 3.7 miles Public KG-3 D
Creative Learning Pre School 3.8 miles Private KG
Chelsea Heights School 3.8 miles Public PK-8 B
Northfield Community Middle School 3.8 miles Public 5-8 C+
Northfield Community Elementary School 3.8 miles Public PK-4 C
Atlantic City High School 3.9 miles Public 9-12 D-
Ocean City Primary School 3.9 miles Public PK-3 C+
Ocean City High School 3.9 miles Public 9-12 C
New York Avenue School 4.2 miles Public PK
Coastal Learning Center Atlantic 4.2 miles Private 4-12
Sovereign Avenue School 4.3 miles Public PK-8 C-
Chartertech High School For The Performing Arts 4.3 miles Public 9-12 D

Ventnor Elementary School

Distance: 1.7 miles

Type Public

Grades: PK-4

A

Ventnor Middle School

Distance: 1.7 miles

Type Public

Grades: 5-8

B

Belhaven Middle School

Distance: 3.3 miles

Type Public

Grades: 5-8

B+

Mainland Regional High School

Distance: 3.5 miles

Type Public

Grades: 9-12

C

Seaview Elementary School

Distance: 3.5 miles

Type Public

Grades: PK-4

B-

Richmond Avenue School

Distance: 3.7 miles

Type Public

Grades: PK-8

B

Dawes Avenue Elementary School

Distance: 3.7 miles

Type Public

Grades: KG-3

D

Creative Learning Pre School

Distance: 3.8 miles

Type Private

Grades: KG

Chelsea Heights School

Distance: 3.8 miles

Type Public

Grades: PK-8

B

Northfield Community Middle School

Distance: 3.8 miles

Type Public

Grades: 5-8

C+

Northfield Community Elementary School

Distance: 3.8 miles

Type Public

Grades: PK-4

C

Atlantic City High School

Distance: 3.9 miles

Type Public

Grades: 9-12

D-

Ocean City Primary School

Distance: 3.9 miles

Type Public

Grades: PK-3

C+

Ocean City High School

Distance: 3.9 miles

Type Public

Grades: 9-12

C

New York Avenue School

Distance: 4.2 miles

Type Public

Grades: PK

Coastal Learning Center Atlantic

Distance: 4.2 miles

Type Private

Grades: 4-12

Sovereign Avenue School

Distance: 4.3 miles

Type Public

Grades: PK-8

C-

Chartertech High School For The Performing Arts

Distance: 4.3 miles

Type Public

Grades: 9-12

D

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Margate, NJ 08402

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Margate, NJ 08402

This community’s employment is highest in the food and personal care industries. The area’s overall household expenses are above the national average.

82° July
Hottest Average Month
26° January
Coldest Average Month
2,600 Total Households in Area
0.1% Increase in population since the year 2010
16.3%
of households
have children
25 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Margate, NJ 08402

Margate, NJ 08402 has a population of 5,432 people in 2,600 households with a median age of 58 years old.

0.1%
Increase in population
since the year 2010
Population is Trending up
2,696
Total households as of 2010
0.6%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 58 years old. The smallest percentage group is 55-64 years and the largest percentage is the 0-5 years age range.

Community Population By Ethnicity

White 93%
Hispanic 3%
Other 1%
Asian 1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 93%, followed by Hispanic at 3%, Other at 1%, and Asian at 1%.

Economics
for Margate, NJ 08402

1,374 /sq mi
Population Density
$120,551 /yr
Median Household Income
$995,000
Median Sales Price
25 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is Over $200k representing 24.08% of the households.

Transportation to Work

  • Drive 80%
  • Work from Home 14%
  • Walk or Bike 6%
  • Public Transit 1%

Occupancy by Type

Vacant 4,334 63%
Owned 2,265 33%
Rented 335 5%

White vs Blue Collar Jobs







White Collar 93%
Blue Collar 7%

Family & Education Facts
for Margate, NJ 08402

58 Median Age

Average Household Size

2.1
persons per
household

52.1%

Married Households

Community Population By Education

Graduate Degree 32%
Bachelors Degree 25%
High School Graduate 17%
Some College 14%
Associates Degree 9%
Some High School 4%
Of the total people surveyed, the most prevalent educational attainment level is Graduate Degree, representing 32.07% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
16.3% of households have children

Weather
for Margate, NJ 08402

The weather for this area ranges from a high of 82° F in July to a low of 26° F in January

82° July
Hottest Average Month
26° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
26°
41°
Feb
28°
43°
Mar
34°
49°
Apr
43°
59°
May
52°
68°
Jun
62°
77°
Jul
67°
82°
Aug
67°
81°
Sep
60°
75°
Oct
49°
66°
Nov
40°
55°
Dec
31°
46°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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There's more to learn about Margate, NJ 08402!
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Copyright © 2025 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% 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. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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