500 N Union Ave, Margate, NJ, 08402
About This Home
One of the most sought-after bayfront locations in Margate, this exceptional waterfront home offers the ultimate coastal lifestyle. Built in 2012, the residence features 4 bedrooms, 3.5 baths, and approximately 3,300 square feet of living space, thoughtfully designed with quality craftsmanship throughout. Entertaining is effortless in the fully equipped chef’s kitchen, featuring top-of-the-line appliances, ample counter space, and a wet bar. The sun-drenched great room captures stunning bay views and breathtaking sunsets. A massive game room impresses with a built-in wet bar and gas fireplace while the two-car garage offers a car lift and generous storage space. The well appointed primary suite provides the perfect retreat, complete with a spa-like ensuite bath and plenty of closets. Boasting unmatched waterfront views and sunset-filled evenings, this home delivers every amenity for life on the water — from a 16,000-lb capacity boat lift to an outdoor kitchen — and will not disappoint.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Gas Stove,Microwave,Refrigerator,Self Cleaning Oven,Washer
Basement
- Basement: Crawl Space
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Cathedral Ceiling(s),Kitchen Island,Storage,Walk-In Closet(s),Eat-in Kitchen
- Flooring: Tile,W/W Carpet
- Fireplace features: Gas Log
- Fireplace: Yes
Heating & Cooling
- Heating features: Forced Air,Natural Gas,Multi-Zoned,Radiant
- Cooling features: Central Air
Interior Area
- Total structure area: 3,300
- Total interior livable area: 3,300 sqft
Property
Details
- Parcel number: 14
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck,Patio
- Exterior features: Boat Slip,Deck,Outdoor Shower,Patio
- Has view: Yes
- View description: Bay,Water
- Has water view: Yes
- Water view: Water
- On waterfront: Yes
- Waterfront features: Bay Front
- Frontage type: Bay/Harbor
Lot
- Lot size: 7,200 sqft
- Features: Cul-De-Sac
- Lot size dimensions: 72 x 100 irreg
Parking
- Total spaces: 3
- Parking features: Attached Garage,Auto Door Opener,Heated Garage,See Remarks,Garage
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Coastal Flooding
- Inland Flooding
- Strong Wind
- Hurricane
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $23,760 | $285,120 |
| Home Insurance * | $994 | $11,928 |
| Property Taxes | $6,819 | $81,828 |
| Electricity | $363 | $4,365 |
| Total | $31,936 | $383,232 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-17 | Listed for sale | $5,500,000 |
| 2026-02-09 | Listing removed | $5,500,000 |
| 2026-01-20 | Listed for sale | $5,500,000 |
| 2012-01-27 | Listing removed | $875,000 |
| 2011-09-22 | Sold | $601,000 |
| 2011-03-12 | Price change | $875,000 |
| 2010-09-10 | Listed for sale | $1,025,000 |
| 2010-08-05 | Listing removed | $1,025,000 |
| 2010-04-23 | Listed for sale | $1,025,000 |
| 2010-02-24 | Listing removed | $1,050,000 |
| 2010-01-23 | Listed for sale | $1,050,000 |
| 2009-12-20 | Listing removed | $1,625,000 |
| 2009-09-05 | Price change | $1,625,000 |
| 2008-10-27 | Price change | $1,825,000 |
| 2008-09-29 | Listed for sale | $1,999,000 |
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