A "ONCE IN A LIFETIME" REAL ESTATE OPPORTUNITY HAS PRESENTED ITSELF. Located in Margate's very desirable Parkway Section and situated on the iconic Orient lagoon sits this landmark style property. Boasting 134’ feet of waterfront property, the existing home was custom built approximately 25 years ago and has been impeccably maintained throughout the years. Exterior features: include: Dual side yard, Zen like gardens, perhaps the largest waterfront deck on the island featuring ipe deck boards, custom railing system and providing forever, stunning water views. For the true car enthusiast, the 3 car garage will fit beautifully into your lifestyle. The boating enthusiast will marvel at the 4 large slips and 45’ floating docs complete with ipe decking. Upon entering through the double doors it becomes readily apparent of the architectural creativity and deep thought that went into the beautifully functioning floor plan an overall design which focuses on the forever bay and lagoon views. As you approach the main living space, you are greeted with a wall of glass exemplifying the stunning water views. To the left you enter into the great room featuring soaring 25’ ceilings with custom window coverings and custom built-ins. Just down the hall, you will find a full bath featuring designer fixtures, large walk-in shower with frameless glass surround which leads into the home office area also, offering soaring ceilings. The large dining room has easy access to the lagoon front deck and is adjacent to the gourmet style custom kitchen, highlighted with a fabulous ceiling detail, large island area, fully custom cabinetry, and built-ins with glass fronts. From the kitchen you will find a convenient half bath which flows seamlessly into the butlers pantry that is accessible through the large private home office complete with handmade custom built in. The 2nd level of the exquisite home features 3 gracious bedrooms and fully tiled costume bath. The primary suite is large but cozy boasting soaring ceilings, double sided fireplace that leads into the primary bath which is highlighted with a large built-in Jacuzzi tub, walk-in shower and private water closet. The adjacent large sitting area overlooks the great room and features deck access allowing for direct and forever water views. The master closet room is approximately 18 x 15 and resembles a small boutique store. Property has a multi zone HVAC system alog with multi zone radiant floor heat system. The options here are truly endless, develop the 134 x 100 lot and create a multigenerational, landmark style home for the ages. Create a conforming lot of 50x100’ to sell off and develop the remaining 84’ x 100‘ lot for your personal Margate waterfront getaway. Or, create 2 oversized lots, 67’ x100’, and that point, sell 1 off to subsidize your Margate waterfront home. Property being sold in "as is" condition and buyer is responsible to perform any and all due diligence. Seller makes no representations or guarantees of the condition of the property.
For sale
$6,700,000
429 N Pembroke Ave, Margate, NJ 08402
4beds
--sqft
Est.:
Single Family Residence
Built in 1999
0.31 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Waterfront propertyDouble sided fireplaceDesigner fixturesArchitectural creativityFabulous ceiling detailZen like gardensMaster closet room
- 118 days
- on Zillow |
- 413 |
- 5 |
Zillow last checked: 7 hours ago
Listing updated: February 28, 2025 at 08:25pm
Listed by:
TROY ROSENZWEIG,
BHHS FOX and ROACH-Margate,
STACY SCHERR,
BHHS FOX and ROACH-Margate
Source: SJSRMLS,MLS#: 593640

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Dining Room, Great Room, Laundry, Library/Study
Heating
- Natural Gas, Multi-Zoned, Radiant, See Remarks
Cooling
- Central Air, Multi-Zoned
Appliances
- Included: Dishwasher, Disposal, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
Features
- Carbon Monoxide Detector, Cathedral Ceiling(s), Kitchen Island, Walk-In Closet(s), Eat-in Kitchen
- Flooring: Hardwood, Tile
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Built-In, See Remarks
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: See Remarks, Garage
- Garage spaces: 3
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Exterior features: Boat Slip, Deck
- Has view: Yes
- View description: Bay, Lagoon Front, Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Bay Front, Bulkheaded, Lagoon Front
- Frontage type: Bay/Harbor,Lagoon/Estuary
Lot
- Size: 0.31 Acres
- Dimensions: 134 x 100
Details
- Parcel number: 12
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Dryvit, See Remarks
Condition
- New construction: No
- Year built: 1999
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke/Fire Alarm
Location
- Region: Margate
Financial & listing details
- Tax assessed value: $1,980,000
- Annual tax amount: $33,818
- Date on market: 2/28/2025
- Date available: 02/28/2025
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