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306 N Lancaster Ave , Margate City, NJ 08402
$1,624,900
Est. Payment: $8,774.48/mo
4 Bed
3 Bath
2278 Sqft
0.09 Acres
Status: active | Days on site: 20
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61051 - 3139724
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House Description

Beautiful Parkway Section Two-Story Home in Margate! Welcome to this beautiful four-bedroom home in Margate’s desirable Parkway Section, offering a wonderful blend of charm, comfort, and thoughtful updates. From the stunning, elevated front porch—perfect for entertaining, gathering with friends, or enjoying warm summer evenings—to the inviting interior, this home is designed for making memories at the shore. Step inside to a beautiful foyer with hardwood floors that continue throughout the living and dining rooms. The living room features custom artwork by local artist Lily O’Brien, adding a unique touch of personality and character. The updated kitchen boasts granite countertops, new cabinetry, and a gas range, while a separate first-floor office provides the perfect space for working from home. A newly renovated laundry room offers added convenience, featuring a new washer and dryer, along with an additional refrigerator. Upstairs, you’ll find four generously sized bedrooms, all with hardwood floors and large closets. The primary bedroom features an en-suite bath and ample closet space. With two full baths, one half bath, and an outdoor shower, there is plenty of room to accommodate family and guests. This home has seen numerous important updates, including a roof approximately three years old, a tankless hot water heater, spray foam insulation and a vapor barrier beneath the house. Following Superstorm Sandy, improvements included new windows, updated HVAC lines, a high-pressure central air conditioning system with baseboard heat, a new electrical panel, and hardwood floors. The fully fenced backyard is ready for summer fun, complete with a storage shed, outdoor shower, and gas grill connected to a dedicated gas line. With abundant storage and pantry space throughout, additional refrigerators, this inviting Margate home offers the space, updates, and outdoor living you’ve been looking for. Come experience the charm of this beautiful home and make it your own!

Highlights

Listed by Nadine Grassi , 6099234487 BHHS Fox & Roach - Haddonfield , 8564282600. Bright MLS

Property Type

Residential

Lot/Acreage
0.09

Year Built

1960

County

Atlantic

Area

Margate City (20116)

Neighborhood

Parkway

School District

Margate City Schools

Listing ID

NJAC2027226

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:3
  • ▪ Full Bathrooms:2
  • ▪ 1/2 Bathrooms:1
Air Cond:Ceiling Fan(s),Central A/C
Fireplaces:
Floor:Hardwood,Tile/Brick,Carpet
Above Ground Sq Ft:2278
Other:
  • ▪ Main Floor Bedrooms:4
  • ▪ Additional:Carpet, Ceiling Fan(s), Family Room Off Kitchen, Floor Plan - Traditional, Formal/Separate Dining Room, Kitchen - Eat-In, Laundry Chute, Pantry, Primary Bath(s), Recessed Lighting, Upgraded Countertops, Window Treatments, Wood Floors
Water:Public

Exterior Features

Lot:Front Yard,Landscaping,Level,Private,Rear Yard,Not New Construction,Horse Property: No
Zoning:S-40
Others:
  • ▪ Additional:BBQ Grill, Exterior Lighting, Outbuilding(s), Outside Shower, Sidewalks, Excellent
Sewer:Public Sewer
Parking Features:Driveway,On Street
Principal Interest
$8,774
Taxes
$650

Home Price

$1,624,900

Loan Details

30 yrs
7.144%

Down Payment

20%
$324,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$8,774.48

Principal

Taxes

Principal Taxes HOA Total
Monthly $8,774.48 $650.17 $0.00 $9,424.65
Yearly $105,293.74 $7,802.00 $0.00 $113,095.74
Total $3,158,812.28 $234,060.00 $0.00 $3,392,872.28
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Margate City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS