7 S Hanover Ave, Margate, NJ 08402

$1,695,000
4
BD
3
BA
2,240
SqFt

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Sold Price
$1,695,000
List Price
$1,799,000
Closing Date
Mar 09, 2026
MLS#
603015
Status
SOLD-IN HOUSE
Year Built
1925
Bedrooms
4
Bathrooms
3
Living Sq. Ft
2,240
Lot Range
Less than One Acre
Region
Margate City
City
Margate

Property Description

SOUTHSIDE SINGLE-FAMILY HOME WITH ENDLESS POTENTIAL! Located on the south side in Margate’s highly sought-after Down Beach Section, this home is tucked away on a quiet, rarely traveled street just 8 houses to the beach. Enjoy the perfect blend of convenience and coastal tranquility—only a short stroll to Casels, Starbucks, shopping, and Margate’s best restaurants, yet set on one of the area’s most peaceful streets. This spacious home offers 4 bedrooms, 3 full baths, and 2,240 sq ft of living space, plus additional flexible rooms that enhance both function and future potential. In addition to the main living room, the property features a separate den/family room, ideal for a TV room, playroom, or secondary gathering space. There is also a small bonus room that could serve as a 5th bedroom, home office, or den, depending on your needs. Beautiful hardwood floors, a bright open living area, and generously sized bedrooms create a warm and inviting interior. The primary suite includes an updated private bath and its own balcony—perfect for morning coffee or evening relaxation. Outside, enjoy a great deck for entertaining, an enclosed outdoor shower, a storage shed, and off-street parking for three cars on a parking pad. A basement provides additional storage for all your beach gear. Outstanding redevelopment opportunity: With its prime southside location and desirable lot, the property offers potential for a new three-story custom home with a private pool (buyer to confirm with local zoning). Whether you’re a builder, investor, or end-user looking to create a signature beach retreat, the possibilities are exceptional. Enjoy the home as-is, renovate to your taste, or build new—this southside Margate gem checks every box. Call today for a private showing.

Additional Information

Style
2 Story
Lot Dimensions
43.5x62.5
Floor
Hardwood, Tile, W/W Carpet
Cooling
Ceiling Fan(s), Central
Heating
Forced Air, Gas-Natural
Exterior Features
Curbs, Deck, Fenced Yard, Outside Shower, Porch, Shed, Sidewalks, Sprinkler System, Enclosed Outside Shower
Parking Description
None
Sewer
Public Sewer
Water
Public

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Calculator source: Real Geeks

Listing courtesy of MARR AGENCY. Selling Office: .

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