$7,839,600
- 7 Beds
- 6.5 Baths
1 S Sumner Ave, Margate, NJ 08402
Est. Refi. Payment $54,651/mo*
Refinance Your HomeCurrently Off Market - Sold Jul 30, 2026 for $7,799,000 (13% below list price)
Home Value
Trulia Estimate
$7.84MSince last month
Decreased$510K (-6.1%)Since last year
Increased$5M (+152.4%)Since last sale
Increased$45K (+0.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +525% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $7.84M |
| August 2026 | $7.84M |
| July 2026 | $8.35M |
| June 2026 | $8.36M |
| May 2026 | $8.01M |
| April 2026 | $8.07M |
| March 2026 | $8.03M |
| February 2026 | $8.05M |
| January 2026 | $8.12M |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.06 | Single-Family Home | $7,950,000 | 10/07/25 | 7 | 8 | - | |
0.07 | Single-Family Home | $4,725,000 | 10/30/25 | 5 | 4.5 | 4,774 | |
0.08 | Single-Family Home | $5,400,000 | 08/20/26 | 5 | 4.5 | - | |
0.10 | Single-Family Home | $5,210,000 | 06/17/26 | 4 | 3.5 | 3,021 | |
0.23 | Single-Family Home | $6,800,000 | 05/20/26 | 5 | 6 | - | |
0.07 | Single-Family Home | $4,700,000 | 06/26/26 | 5 | 4.5 | - | |
0.23 | Single-Family Home | $1,650,000 | 03/26/26 | 6 | 6.5 | - | |
0.10 | Single-Family Home | $3,350,000 | 09/12/25 | 5 | 4.5 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $4,337,700 | 6 | 4.5 | - | Off Market | |
0.06 | $8,453,500 | 7 | 8 | - | Off Market | |
0.02 | $4,187,400 | 3 | 4 | - | Off Market | |
0.07 | $5,000,500 | 5 | 4.5 | 4,774 | Off Market | |
0.10 | $3,581,000 | 5 | 4.5 | - | Off Market | |
0.11 | $3,197,400 | 5 | 5.5 | - | Off Market | |
0.10 | $5,210,000 | 4 | 3.5 | 3,021 | Recently Sold | |
0.07 | $4,700,000 | 5 | 4.5 | - | Recently Sold | |
0.08 | $2,853,900 | 5 | 3.5 | - | Off Market | |
0.08 | $5,400,000 | 5 | 4.5 | - | Recently Sold | |
0.15 | $3,222,000 | 6 | 6 | - | Off Market |
Local Information
-- mins to
Home Highlights
Single-Family Home
Garage
About this House
Step into unparalleled elegance with this custom-built home completed in 2023, perfectly situated at the corner of Ventnor and Sumner Avenue—just one block from the beach and walking distance to Margate’s best shopping and dining, including Tomatoes, Tideline, Sofia’s, Lambertis, and more. This exceptional residence combines sophistication, scale, and thoughtful design to create a lifestyle unlike any other. Boasting 5,583 square feet of interior living space, plus over 1,600 square feet of recreation and bonus areas, this four-story masterpiece features 7 bedrooms and 6.5 bathrooms, each crafted with meticulous attention to detail. Every element of the home has been designed to deliver comfort, style, and modern luxury, with seamless integration of technology via a Control4 smart home system that manages lighting, climate, security, and entertainment with ease. Enter through a bright, welcoming foyer with high ceilings and a glass-railed staircase that leads to the upper levels. A private elevator services all floors, ensuring effortless access throughout the home. The open-concept living room features one of the home’s most impressive features—a unique double-sided fireplace, offering warmth and ambiance both inside and on the wraparound deck, perfect for entertaining or relaxing. The chef’s kitchen is a culinary dream, with a double oven, oversized quartzite island, walk-in pantry, sleek cabinetry, and a built-in smart water dispenser. Sliding doors from the kitchen and living room flow to the deck, creating an effortless indoor-outdoor connection. This level also includes a bedroom with a full bathroom and a stylish home office. Upstairs, four bedrooms with private bathrooms provide luxurious accommodations, including a primary suite with a private deck and spa-inspired bath featuring gold fixtures and marble-look tilework. A laundry room and a coffee/bar station with a wine fridge add convenience and style. The top level offers two more bedrooms, a full bath, and an additional coffee/bar station with a wine fridge, ideal for guests or older children. The first floor is designed for entertainment, with a spacious living area overlooking the pool, built-in grill, ample space for alfresco dining, and a generous veranda. The backyard also features a spa, outdoor shower, and pristine landscaping, creating the perfect retreat. This is more than a house—it is a luxury, custom-built residence in the heart of Margate’s Parkway section, offering unmatched craftsmanship, technology, and style. Experience this extraordinary home—schedule your private tour today.
1 S Sumner Ave, Margate, NJ 08402 is a 7 bedroom, 7 bathroom single-family home. It last sold for $7,799,000 on Jul 30, 2026 (13% below the $8,999,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $7,839,600.
Last check for updates: about 11 hours ago
Listed by LINDA NOVELLI, (609) 839-3715
Compass Real Estate-Margate
Bought with: ASHLEY FRANCHINI, (609) 233-6116
Source: SJSRMLS, MLS#608393

Home Details for 1 S Sumner Ave
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Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 7Number of Bathrooms (full): 6Number of Bathrooms (half): 1 |
Appliances & Utilities Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Forced Air,Natural GasHas CoolingAir Conditioning: Attic Fan,Ceiling Fan(s),Central Air,GasHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Fireplace: Built-InSpa: Whirlpool/SpaHas a FireplaceHas a Spa |
Windows, Doors, Floors & Walls Flooring: Hardwood, Tile |
Levels, Entrance, & Accessibility Stories: 3Levels: 3 StoryAccessibility: ElevatorElevatorFloors: Hardwood, Tile |
View No View |
Security Security: Carbon Monoxide Detector(s), Security System, Smoke/Fire Alarm, Burglar Alarm |
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Exterior Home Features Patio / Porch: Deck, PatioFencing: FencedOther Structures: Storage, CabanaExterior: Cabana, Deck, Fenced Yard, Outdoor Shower, Patio, Pool-In Ground, Sprinkler System, Whirlpool/SpaSprinkler System |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageNo Attached GarageParking Spaces: 2Parking: Garage |
Pool Pool: In GroundPool |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Farm & Range Not Allowed to Raise Horses |
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Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: VinylNot a New Construction |
Property Information Parcel Number: 1 |
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Price List Price: $8,999,000 |
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MLS Status: Sold CO OP by Member |
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Direction & Address City: Margate |
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Not Senior Community |
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Lot Area: 7200 sqft |
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Mls Number: 608393Attic: Storage |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 30, 2026 Source: SJSRMLS #608393 | Sold | $7,799,000 |
Jun 17, 2026 Source: SJSRMLS #608393 | Pending | $8,999,000 |
Nov 28, 2025 Source: SJSRMLS #602741 | Listed For Sale | $8,999,000 |
Jul 24, 2020 Source: SJSRMLS #536610 | Sold | $1,450,000 |
May 5, 2020 Source: Agent Provided | Listed For Sale | $1,635,000 |
Jul 25, 2013 Source: N/A | Sold | $1,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $47,790 | $2,798,000 |
Home facts updated by county records
Market trends in Margate City
Last updated July 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
70
7MoM
Around this home
What Locals Say about Margate City
At least 49 Trulia users voted on each feature.
98 % Say people would walk alone at night
97 % Say it's dog friendly
96 % Say it's walkable to restaurants
94 % Say there are sidewalks
85 % Say it's walkable to grocery stores
83 % Say it's quiet
83 % Say parking is easy
81 % Say kids play outside
81 % Say yards are well-kept
78 % Say streets are well-lit
76 % Say they plan to stay for at least 5 years
72 % Say there's holiday spirit
69 % Say neighbors are friendly
59 % Say there are community events
56 % Say car is needed
36 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
© 2026 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Frequently asked questions about 1 S Sumner Ave
- What is 1 S Sumner Ave estimated to be worth?Trulia's estimated value for 1 S Sumner Ave in Margate, NJ is $7,839,600.
- What is the price history for 1 S Sumner Ave?1 S Sumner Ave in Margate, NJ last sold for $7,799,000 in July 2026.
- Is Margate a buyer's or seller's market?Margate is currently a buyer's market, based on recent for-sale activity.
- What do residents say about Margate?Residents describe Margate, NJ as dog-friendly, walkable to restaurants, and pedestrian-friendly. See recently sold homes in Margate, NJ.
- Does 1 S Sumner Ave have air conditioning?Yes, 1 S Sumner Ave in Margate, NJ has air conditioning.
- Does 1 S Sumner Ave have a pool?Yes, 1 S Sumner Ave in Margate, NJ has a pool.

