Margate City at 103 S Gladstone Ave, Margate
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$3,700,000

103 S Gladstone Ave
Margate, NJ 08402
Bedrooms
5
Bathrooms
6
Living area
3,420 sqft
Year built
N/A

About this home

An exceptional beach block location with expansive captivating ocean views, luxurious living, and plenty of room to enjoy family and friends! Located in the heart of Margate, this exceptional three-story residence offers the perfect combination of coastal elegance, privacy, and convenience. Situated on a non-through street with only a handful of homes on the beach block, this property offers a rare opportunity to enjoy peaceful Shore living while being centrally located to everything Margate has to offer. Just a short stroll to the beach and conveniently close to popular restaurants, shopping, playgrounds, the library, and local attractions, you'll love having the best of Margate right at your fingertips. Designed for making unforgettable summer memories and comfortably accommodating family and friends, this home offers generous living spaces, thoughtful amenities, and beautiful ocean views. From the moment you arrive, you'll appreciate the convenience of off-street parking, a garage, and a welcoming flag stone front porch—the perfect spot to enjoy your morning coffee or unwind after a beautiful day at the beach. The property was gutted to the studs in 2001. The first floor is thoughtfully designed for entertaining, featuring a spacious living room, a beautifully appointed chef's kitchen with Subzero fridge, Thermador oven just to name few of the appliances, and an inviting dining area where everyone can gather. An additional flexible living space offers endless possibilities, whether used as a second lounge, family room, or enclosed to create extra sleeping accommodations for guests. A full bathroom and a laundry room with built in cabinets on this level adds convenience and versatility. With four en-suite bedrooms plus an additional bedroom or office with access to a full bathroom, this home provides exceptional comfort and privacy for everyone. The oversized primary suite is a true retreat, offering generous space and direct access to a private balcony with captivating ocean views—the perfect place to start and end your day. The top floor takes coastal living to another level, featuring two additional en-suite bedrooms, a secondary living room, an additional washer and dryer, and balcony access. This thoughtfully designed level creates an ideal private retreat for guests or extended family, allowing everyone to enjoy their own space while still being together under one roof. An elevator providing access to all three levels adds another layer of comfort and convenience, making everyday living and entertaining effortless. Whether you're hosting summer gatherings, welcoming extended family, or simply enjoying a peaceful getaway by the ocean, this remarkable Margate residence offers everything you need to embrace the ultimate Shore lifestyle. Enjoy morning walks on the beach, afternoons exploring Margate's vibrant shops and restaurants, and evenings relaxing on your ocean-view balcony. With its desirable location, spacious layout, and exceptional amenities, this home is ready to become your family's favorite Shore destination. Make this Margate retreat your next Shore home and start creating memories that will last for generations!

Property details

MLS
SJSR
MLS #
613177
Property type
Margate City
Subdivision
N/A
Status
Active
Days on market
2
On market date
October 23, 2026
Stories
N/A
Total bathrooms
6
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
William H. Ross III School
0.35 mi away · Grades -1-4
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
197
Student:teacher ratio
7.6:1
District
Margate City School District
Middle
Eugene A. Tighe Middle School
0.45 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
163
Student:teacher ratio
7.1:1
District
Margate City School District
High
Atlantic City High School
2.95 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,724
Student:teacher ratio
11.8:1
District
Atlantic City School District

Walkability

Blended score for Margate's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

92
Highly walkable
out of 100
EPA National Walkability Index
17.8 / 20 -- Most walkable
Google Places amenity density
95 / 100
Restaurants & cafes20
Grocery stores4
Parks11
Schools9
Transit stops20
Pharmacies1

Market position

How this listing compares to current activity in Margate, from live MLS data.

On the market 2 days -- 136 fewer days than Margate's current average of 138 days.
For reference, the median list price across 68 active listings in Margate right now is $2,369,500.

Mortgage calculator

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Est. monthly payment
$22,432/mo
$740,000 down
$2,960,000 loan
Principal & interest$19,199
Property tax (est.)$3,083
Home insurance (est.)$150

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Data source: Listing information provided by SJSR via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.