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Residential Building Lot Near Beach
For Sale
$3,950,000

111 South Rumson Avenue, Margate City, NJ 08402

For sale residential lot in Margate’s Parkway Section, positioned two homes from the beach.

Property SizeContact for details
Days on Market225

Property Features for 111 South Rumson Avenue

General Information

Standard status Active
Property subtype LOTS/LAND / 1 to 6,000 SQFT

Taxes and HOA fees

Annual Taxes $20,911
Listing Agency: Compass Real Estate-Margate
Listed By: Linda Novelli · License #9701812
Source: Compass
Added: Dec 31, 2025 Changed: Aug 8 Last Checked: Mar 25 at 11:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass Real Estate-Margate

Investment Insights

Based on property information with market context.

111 South Rumson Avenue in Margate City, NJ 08402 offers a residential building lot in the Parkway Section, positioned just two homes from the beach.

The setting provides convenient access to Margate’s walkable lifestyle, with shopping, ice cream, mini golf, and nightlife within a short walk, along with well-known local dining including Tomatoes, Tideline, and Steve & Cookie’s. This offering is well-suited for buyers looking to design and build a custom shore residence in a coveted area where beach proximity is a key feature.

Key Highlights

  • For‑sale residential lot in Margate’s Parkway Section
  • Located two homes from the beach
  • Opportunity to build a custom dream home at 111 S. Rumson Avenue

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby

Demographics for 08402, NJ

5,291
Population
6,940
Households
0.8
Avg Household Size
59
Median Age
60%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
3,779
Density / Sq Mi
$114,417
Median Household Income
$73,269
Median Earnings
$1,368
Median Rent
$645,200
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - For sale residential lot in Margate’s Parkway Section, positioned two homes from the beach.
Where is this residential land & home lot located?
The property is located at 111 South Rumson Avenue Margate City, NJ.
What is the asking price?
The asking price for this property is $3,950,000.
What are key features of this property?
This property features: For‑sale residential lot in Margate’s Parkway Section; Located two homes from the beach; Opportunity to build a custom dream home at 111 S. Rumson Avenue
More about this property
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