Margate City at 8701 Amherst Ave, Margate
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31 photos

$4,500,000

8701 Amherst Ave
Margate, NJ 08402
Bedrooms
6
Bathrooms
5
Living area
3,680 sqft
Year built
N/A

About this home

Welcome to 8701 Amherst Avenue, an exceptional 6-bedroom, 5-full-bath home ideally positioned at the top of the lagoon with unobstructed panoramic views of the bay. This spacious Margate property offers 3,680sqft of living space. Designed to take full advantage of its waterfront setting, the home features a bi-level oversized deck and multiple balconies, providing the perfect space for entertaining or relaxing while enjoying sunrise to sunset water views. Six bedrooms and five bathrooms provide ample space for family and guests. Just minutes from the beach, dining and shopping, the location is highly desirable. 8701 Amherst Avenue is a truly special waterfront property and an extraordinary opportunity to experience Margate at its finest.

Highlights

Waterfront

Property details

MLS #
610917
Property type
Margate City
Subdivision
N/A
Status
Active
Days on market
59
On market date
August 14, 2026
Stories
N/A
Total bathrooms
5
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
0.43 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
0.53 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
3.15 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).

81
Highly walkable
out of 100
EPA National Walkability Index
15.7 / 20 -- Most walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores2
Parks7
Schools5
Transit stops20
Pharmacies1

Market position

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

On the market 59 days -- 83 fewer days than Margate's current average of 142 days.
For reference, the median list price across 62 active listings in Margate right now is $2,410,750.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$27,250/mo
$900,000 down
$3,600,000 loan
Principal & interest$23,350
Property tax (est.)$3,750
Home insurance (est.)$150

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Data source: Listing information provided by SJSR via Trestle/CoreLogic. Last updated August 15, 2026.

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.