Olivia Russell
← INNOVATE Real Estate
31 N Essex Ave
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9 photos

$2,799,000

31 N Essex Ave
Margate, NJ 08402
Bedrooms
5
Bathrooms
3.1
Living area
N/A
Year built
2026

About this home

BEST DEAL ON THE ISLAND! Discover elevated coastal living in this exceptional luxury new construction home in Margate, ideally located just one block from the beach and moments from the area’s best shops and dining. Thoughtfully designed with sophisticated finishes and effortless flow, this residence offers a refined shore lifestyle with every modern convenience. Featuring 5 generously sized bedrooms and 3.5 beautifully appointed bathrooms, the home blends comfort, privacy, and flexibility for hosting family and guests. A four-stop private elevator provides seamless access to every level, while an elegant wet bar sets the stage for effortless entertaining. Step outside to your own private pool, a serene retreat perfect for relaxing after the beach. Additional highlights include an outdoor kitchen, a one-car garage and quality craftsmanship throughout, delivering both luxury and peace of mind. A rare Margate offering, new construction, premier location, and timeless coastal elegance, all just steps from the sand.

Property details

MLS #
604175
Property type
Margate City
Subdivision
N/A
Status
Active
Days on market
214
On market date
January 24, 2026
Stories
N/A
Garage spaces
N/A
Lot size
N/A

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
William H. Ross III School
0.21 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
0.19 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
2.69 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

Mortgage calculator

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Est. monthly payment
$17,006/mo
$559,800 down
$2,239,200 loan
Principal & interest$14,523
Property tax (est.)$2,333
Home insurance (est.)$150

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