Experience unparalleled luxury in this BETTER THAN NEW custom-built home, completed in 2022. Designed with modern elegance and superior craftsmanship, this property offers an exceptional living experience. The chef's kitchen is a culinary masterpiece, featuring top-of-the-line appliances including a Wolf range, Bosch dishwasher, Sub-Zero refrigerator, and a wine cooler. A spacious kitchen island with gray Imperial leathered hard marble countertops and a 36-inch cast iron farmhouse Hayride sink completes the sophisticated design. An open floor plan seamlessly connects the living spaces, all adorned with beautiful engineered hardwood flooring throughout. The first-floor primary bedroom offers comfort and privacy, while the second floor boasts an oversized primary suite complete with a bonus office room and a large walk-in closet with custom built-in shelving. Upstairs features 2 additional guest bedrooms. Step onto the upstairs deck to take in the views of the Atlantic City skyline. The backyard is an entertainer's paradise. Enjoy the expansive 15x25' heated gunite in-ground pool and a fully equipped outdoor kitchen featuring a Blaze grill, Recteq smoker, two-drawer refrigerator, granite countertops, and ambient landscape lighting. This exquisite property combines luxury, comfort, and stunning viewsâ??making it the perfect place to call home.
Experience unparalleled luxury in this stunning newer home, perfectly situated in Margate's highly desirable marina district. Located just three blocks to the beach and walking distance to the finest dinning, shopping and family fun activities Margate has to offer. The exterior is designed for both beauty and functionality, featuring multiple oversized entertaining decks with breathtaking bay views and a bonus glimpse of the ocean. The overly spacious rear yard is a true oasis, complete with a large in-ground Gunite pool, a family-friendly veranda, and a lounging area complete with an outdoor bar and TV. A convenient garage and a custom-built, professional-grade sauna add to the appeal of this home. Ground Level: Step through custom double doors into an air-conditioned entry space that provides access to the garage, the rear entertaining area, and the saunaâ??an ideal setup for relaxing or hosting guests. First Floor: This level boasts an incredible chefâ??s kitchen equipped with upgraded high-end stainless steel appliances, 42-inch custom cabinetry, and an oversized L-shaped island, perfect for casual dining. The elegant family room features floor-to-ceiling windows that flood the space with natural light and a sleek linear crystal-electric fireplace as the focal point. A custom-built bar, complete with an ice maker, beverage center, sink, and storage, is conveniently located off the kitchen and leads directly to the fourth deck, overlooking the pool. The entire home is operated on a smart home system controlling lights, security and entertainment features. Second Floor: The impressive primary suite offers a private deck, dual walk in closets, and a stylish, spa-like bathroom. Two additional en-suite bedrooms complete this level, providing plenty of space and comfort for family or guests. Third Floor: The third level is a showstopper, featuring a family/media room with another wet bar, a stunning full bathroom with custom tile and designer fixtures, and a spacious deck with captivating bay views the perfect place to enjoy sunsets and the summer breeze. A generously sized bedroom with large windows and ample closet space rounds out this floor. With luxury finishes throughout and every amenity thoughtfully included, this home is perfect for year-round living and entertaining. Donâ??t miss the opportunity to own this masterpiece in Margateâ??s premier location!
This home is practically BRAND NEW. The owner is a well know local builder and did wonders to this house. New roof, new siding, new electrical, new plumbing new water heater. That's just the beginning! When you enter the home you are greeted by a beautiful chief's kitchen. It features, quartz counter tops, all the latest stainless steel appliances, a very large center island with extra storage and available kosher features. The large family room has an option for a additional storage area, office or gym. The second floor shows 3 large bedrooms and large bathroom with heated floors. Just a few steps up to the to the privacy of the primary bedroom with it's in suite bathroom and heated floors. Outside has many add-ons; a large fenced in patio, a fantastic outside shower, a shed, and a driveway. All of this wrapped up in the heart of Margate, close to restaurants, shopping and of course the beach. Come visit, you won't want to leave .
Enjoy coastal living at its best in this elegantly appointed 5 bedroom, 4.5 bath beachblock luxury home with 4-stop elevator, wet bar/wine reserve, three decks, private rear yard, and detached garage. The custom exterior is a tasteful blend of Hardie cement siding and AZEK board and batten millwork, with mahogany accents. The gourmet kitchen is appointed with Wolf/Subzero appliances, accent lighting, and an oversize island for casual dining. Amazing views of the Beach and Margate Pier. Thoughtfully and well-planned open design and three of the five bedrooms have en-suite bathrooms and two share a full bath. Third floor primary bedroom suite with private deck. This home was built in 2019 but occupied in 2020 with many upgrades added by the current owner including motorized shades, high-end lighting, additional cabinetry, custom closets and UV window protection. Conveniently located to the beach and all that Margate has to offer. Also only a short distance to the Ventnor Boardwalk.
Escape to this beautifully updated 3-bedroom, 1.5-bathroom townhome, where comfort and convenience seamlessly come together. The open layout is perfect for easy living, with a smooth flow between the spacious living room, half bath, dining area, and kitchen. Upstairs, the generously sized bedrooms offer a peaceful retreat, complemented by a full bath. Ideally located, this townhome puts you just a short stroll away from Margateâ??s best spots, including Lamberti's, Steve and Cookies, the Summer Farmers Market, Memories, Maynard's, Tomatoes, Sofia's, and the Bay. Enjoy the perfect balance of being close to everything yet tucked away enough for a serene, peaceful atmosphere. This townhome truly captures the essence of beach town living with a relaxed, homey feel.
Steps to Beach! Beautiful & spacious 1BR condo with pool, off-street parking and pet friendly! Recently renovated throughout with new flooring, kitchen and bathroom. Relax on the patio and enjoy the convenience of having parking right outside your door. So close to restaurants, shops, ice cream, mini golf and the beach! The low condo fees include heat, hot water, insurance, maintenance and management! This GEM is sure to impress!
Welcome to 9201 Atlantic Avenue, Unit 2 â?? a studio perfectly located just steps from the beach! Situated across from the iconic Lucy the Elephant and the popular Greenhouse restaurant, this property offers an unbeatable location for beach lovers and those seeking the ultimate shore experience. This unit features an assigned parking spot, a private covered porch for relaxing, on-site laundry facilities, and an outside shower to rinse off after beach days. Additionally, there is convenient bike and beach chair storage, making your visits to the shore hassle-free. Enjoy the convenience of being within walking distance of local landmarks, the beach, and dining options. With low HOA fees and taxes, this property is an exceptional opportunity for a getaway, investment, or year-round living. Donâ??t miss this chance to own a prime location at the shore. Schedule your showing today and make this spot your coastal escape!
Welcome to 9201 Atlantic Avenue, Unit 6â??a charming, renovated studio located in the heart of Margate City! Situated DIRECTLY ACROSS from the iconic Lucy the Elephant and steps away from the beautiful BEACH, this FIRST-FLOOR unit is a perfect seaside retreat. Whether you're looking for a summer getaway or a year-round coastal home, this unit offers convenience, style, and unbeatable location. Step inside to find a bright and inviting space with modern finishes throughout. The open floor plan seamlessly blends the living, sleeping, and kitchen areas, making the most of every square foot. The kitchen boasts white cabinetry, a chic tiled backsplash, and ample counter space, perfect for preparing your favorite meals. One of the standout features of this unit is its surprisingly generous storage space, with well-designed closets and cabinetry that keep everything organized and out of sight, adding functionality to the sleek design. This unit is designed with thoughtful conveniences to enhance your lifestyle. Start your day or unwind in the evening on the covered FRONT PORCH, the perfect spot to enjoy the fresh coastal air and a cup of coffee. On-site laundry facilities ensure youâ??ll never have to leave home for errands, while dedicated storage for bikes and beach gear keeps everything organized and ready for your next adventure. Inside, the studio is bright and inviting, filled with natural light and complemented by recessed lighting and a ceiling fan to maintain a comfortable atmosphere year-round. This unit also includes the convenience of an assigned parking spot, making grocery trips and dining excursions hassle-free. Plus, the LOW HOA fees and TAXES make this property an excellent investment for those seeking affordability without sacrificing quality or location. Added bonus is on-site laundry and storage for your bikes and beach chairs. Outside, you'll enjoy easy access to Margate's best attractions. Take a stroll along the beach, dine at the popular Greenhouse Restaurant right across the street, or explore the charming shops and eateries in the area. Lucy the Elephant, a historic landmark, is practically your neighbor, offering a unique and picturesque backdrop. With its modern updates, abundant storage, and unbeatable location, this low-maintenance property is a rare find in Margate. Schedule your showing today and start living your dream by the beach!
Marina District condo featuring 2 bedrooms and 2 full baths. This open and spacious condo was totatly redone in 2017. The electrical, plumbing, windows, flooring, lighting fixtures, kitchen, baths, etc all completed with high quality workmanship. It has one deeded garage, and one off street parking spot. This unit also has a deck off the rear. Convenient location to all your favorites.
MARGATE'S NEW TRIPLE LEVEL EXECUTIVE 5 BDRM HOME, BY RUSSO BUILDERS, FEATURES STONE AND VINYL SIDING, 2 COVERED DECKS, OPEN SPACIOUS LAYOUT WITH LUXURY VINYL PLANK FLOORING, PRIVATE 3 STOP ELEVATOR, MULTI-ZONE HEATING AND CENTRAL AIR, FIRST FLOOR BOASTS A LIVING ROOM WITH A BUILT IN FIRE PLACE WET BAR AND DINING AREA, CHEF'S CUSTOM KITCHEN WITH TOP OF THE LINE MONOGRAM APPLIANCES, CUSTOM CABINTRY,INSTA-HOT WATER AND MUD ROOM. 1 CAR GARAGE AND ADDITIONAL 2 PARKING SPACES IN DRIVE WAY, 2ND FLR, SPACIOUS BDRM AND PRIVATE BA, AND WALK IN CLOSET, BDRM 2 AND 3 ADDL BATH AND LAUNDRY ROOM, 3RD FLR HAS THE ADDL 4TH AND 5TH BDRM WITH A BEAUTIFUL TILE BATH. ALL OF THIS IS OFFERED AT THE LOWEST PRICE OF ALL THE NEW SINGLE HOME CONSTRUCTION AVAILABLE IN MARGATE ! 1,960.000. HOWEVER, THIS HOME COULD ALSO BE AVAILABLE ON THE 80' LOT WITH A FENCED IN CUSTOM POOL, CABANA WITH A GUEST BEDROOM, KITCHENETTE, LIVING ROOM, LAVISH LANDSCAPING AND AN ADDITIONAL 2 MORE PARKING SPACES FOR A TOTAL OF 5 PARKING SPACES. THIS SMART HOME WITH THE POOL AND ALL THE ABOVE MENTIONED ON THE ADDITIONAL LOT WOULD BE $3,085,000.
Stunning 2-Bedroom, 1.5-Bath Condo in the coveted Margate Towers â?? Just Steps to the Beach! The spacious layout includes a sun-filled living area that leads you to the private deck, offering beautiful ocean and bay views!! The primary bedroom serves as a tranquil retreat with views of the bay, while the guest bedroom provides ocean views, perfect for your family and friends! Enjoy the convenience of amenities like the in-ground pool, on-site laundry, and inviting social areas. Just steps from the beach, this condo offers an exceptional opportunity to embrace the Margate lifestyle. Schedule your showing today!
Direct Ocean front unit offering Ocean Views for miles from every room in this oversized large one bedroom unit with newly renovated bathroom on the third floor. Sit out on your expansive deck and enjoy the waves and dolphins! Margate Towers has not had an ocean front this large for sale in years! Very well run building on the beach with parking this is such an opportunity. Enjoy it all year round or rent out summer, yearly or winter. Off street parking on Madison Ave the based on seniority move to the garage. Enjoy the heated pool, large gym and fitness center, social room, library with free internet and more. NJ Famous Gilchrist Restaurant is located in the building along with a hair salon. Park your car and just enjoy. Walk to CVS, WAWA, Restaurants and shops. Assessment for 2025 is a total of $3,727.17 for the year. Cable is $70 a month, Parking is $32.50 and the Monthly condo fee is $709.11 Easy to show. Come for a tour!
Now is the time to set up your meeting with Island Builders to fully customize your dream home. You currently have the option to change plans for your lifestyle or use the builder's current plans that will include 5 bedrooms, 4.5 baths, 4 stop elevator, high ceilings, open floor plan, multiple decks, and high end finishes. This beauty will also be finished off with outdoor space that everyone is dreaming of. Be ready to entertain on this rare 85 foot deep lot with in-ground pool and veranda. You will not be disappointed with the high quality this builder has to offer. Attached pics and plans are subject to change but can be used for reference.
Newly renovated. House has been gutted to the studs. Large first floor porch with composite decking and second floor fiberglass balcony. Black aluminum railing. Electric awning.Open Concept living room, dining room, and kitchen. 7 foot quartz island. Tile backsplash. GE Cafe Appliances in Matte White - Beverage Cooler, Drawer Microwave, 30 inch Gas Range with Convection Oven with matching range hood, 36 inch counter depth french door smart refrigerator, internal water/ice dispenser, Laundry Tower with center controls, Ceiling fans in living room and all bedrooms, recessed LED lighting throughout. Main bedroom on the first floor with walk in closet and large en-suite double vanity, tile shower with bench and tile floors. Luxury vinyl plank flooring throughout except for bathrooms. Stairs are stained to match the flooring. 2 Zone Air Conditioner, Tankless Hot water Heater. All Marvin Black Windows and Sliding Glass Door. Second floor has 3 large bedrooms with closets. Tub in second floor bathroom with double vanity. Pull down attic stairs. Plenty of storage. Full garage that car fits in. Driveway can accommodate 3 cars. Fenced backyard. Beautiful tree lined street. High elevation. Electric garage door. Sprinkler system. Enclosed outside shower. Maintenance Free. 2 blocks to the beach. Low taxes and low flood insurance premium.
Welcome to 8705 Winchester -Luxury new construction in the Highly Desirable Parkway Section! This custom built home features 6 bedrooms, 5 baths and all the exclusive living experiences you could ask for including an elevator with upgraded trim work which makes all three floors conveniently accessible. This exquisite property features six spacious bedrooms and five full bathrooms. The first floor features an open layout featuring the great room offering a stunning linear gas fireplace, complemented by stone accents that provide a cozy ambiance. This chefâ??s dream kitchen with custom cabinets, a large center island with 6cm waterfall quartz, pristine stone counters and custom tile backsplash. Top of the line appliances. The entire home is finished with elegant Coretec flooring, upgraded lighting, and custom tiling in all the bathrooms. Top quality high end fixtures add to the opulence of this home, which also includes multiple decks, a spacious two-car garage and additional storage space; the exterior driveway provides space for two additional vehicles. The property also features huge bonus room off of master bedroom, heated flooring in the master bathroom, full Control 4 home automation capabilities, prewired WiFi access points throughout home, interior and exterior speakers and a full landscaping package, lawn irrigation system, multi-zoned heating and air, and efficient dual tankless hot water systems. Finally, backyard features the in-ground pool which offers the perfect escape for relaxation and entertainment with abundant amounts of sunlight all day long! in addition to a covered patio area! Ask about the neighboring property... soon to be completed and hitting the market!
Perfect 9600 condo for sale with upgrades galore! Very spacious one bedroom, one bath with bonus extra sink/vanity area, sleeps up to 6 with two queen size beds in large primary bedroom and queen size pullout sofa in living room. Unbelievable views from 17th floor overlooking Ocean City thru all of Longport, Margate, Ventnor and Atlantic City. Enjoy morning coffee or evening cocktails on the huge balcony. Entire apartment is completely renovated including brand new hardwood floors, 70 inch large flat screen TV in living room and 55 inch Toshiba in the bedroom. Plenty of large updated closet space. Fully equipped kitchen with island and granite countertops. Washer/Dryer. Gorgeous fireplace under the 70 inch TV is beautiful to sit back, relax and enjoy the colors. 9600 is a luxury apartment building with 24-hour security, beautiful lobby, fitness center with upgraded showers, unique outdoor pool with new glass wall and one of the best beaches in Margate. One car indoor garage parking. Simply a must see...currently only condo for sale in 9600...the time is now! Perfect for year-round living or seasonal use. Excellent summer rental history! Must see this condo and its breathtaking views!
Margate - one block to the beach and room for a pool! This charming 2-story beach retreat, completely rebuilt to the studs in 2006, spans 2,000 square feet of thoughtfully designed living space on a 108 ft deep lot. Featuring 3 spacious bedrooms and 4 full bathrooms, the home includes two en-suites, one on each floor, providing exceptional convenience and comfort. Step into the open-concept living area, where a cozy gas fireplace warms the vaulted-ceiling living room, seamlessly connected to the dining area and kitchen. A den on the main level opens to a massive deck and a generous backyard, large enough to accommodate a pool. Savor ocean breezes on the inviting front porch or find privacy and relaxation on one of two expansive back decks. The second-floor deck includes retractable privacy screens that are 90% impermeable, allowing you to enjoy views while keeping your space secluded. Originally a 4-bedroom, the home now features a den that enhances the indoor-outdoor flow. With parking for up to four cars, this unbeatable location is just steps from the beach and the iconic Lucy the Elephant. Park your car and walk to all the finest restaurants, attractions, and boutiques that Margate has to offer. Situated on one of Margateâ??s rare 108-foot-deep lots, this extraordinary home presents a unique opportunity to own your personal oasis near the beach. Donâ??t miss out on this coastal gem!
Welcome to your dream home in the prestigious Parkway section of Margate! This stunning property was gutted to the studs and completely renovated, boasting brand new HVAC, electrical, plumbing, windows, siding and exterior decks, ensuring both comfort and peace of mind. Located just a leisurely stroll away from the vibrant Marina District, indulge in the best restaurants and entertainment in town like Tomatoes, Steve and Cookies, Betty's, Maynards, Sofia's, Memories, and the Famous Cookie Creamery, among others. This charming townhome features three bedrooms, one full bath, and one half bath, exuding both style and functionality. The kitchen is equipped with soft-close cabinets, quartz countertops, stainless appliances. Bathrooms include custom vanities and Kohler fixtures. A bonus back room offers versatility, perfect for a dry bar or den. Outside, take advantage of the large front porch for quiet mornings and the expansive back deck in evenings for entertaining guests. Enjoy the convenience of a private driveway with two parking spots. The property features a storage shed, ideal for housing bikes and beach chairs, and enclosed outdoor shower, perfect for post beach rinse downs. Embrace the epitome of luxury living in this exquisite retreat nestled in the heart of Margate's most coveted locale. Low taxes and no HOA!!!
Don't miss this adorable turn-key Southside 2 bedroom,1.5 bath condo! There is nothing to do but move in and enjoy the summer fun! The condo is perfectly located 2 blocks from the beach and walking distance to shopping, restaurants, mini golf, the bay, and so much more! Recently renovated, updated electrical, and newer central air! Furniture can be negotiated too!
THIS DREAM BEACH CONDO IS EVERYTHING YOUâ??VE BEEN WAITING FOR! This Southern-facing 2 bedroom, 2 full bath unit is absolutely stunning and modern. It is spacious with an open living room that has sliding doors to the LARGE balcony with beautiful OCEAN views that will be the perfect place to have your morning coffee or unwind watching the sunset after a long day at the beach. The kitchen area features high-end appliances, a custom backsplash, and quartz countertops. The large PRIMARY SUITE has his and hers closets and a private full bath featuring beautiful custom tile. Enjoy easy living in this full-service OCEANFRONT BUILDING with a BEACHFRONT POOL and many other fabulous amenities. CALL TODAY! Don't miss out, this unit won't last long!!
READY FOR MEMORIAL DAY 2025! THIS RARE FIND WILL TOTALLY WOW YOU! NEW CONSTRUCTION SITUATED ON A 40' X 98.59' CORNER LOT! Hard to find a 6 bedroom house on such a large lot with room for your entire family! This one-of-a-kind showstopper will feature high ceilings, hardwood flooring throughout, porcelain tile, stunning finishes, and a 4 STOP ELEVATOR. The home will boast a chef's kitchen with Sub zero French door refrigerator and Wolf Stainless Steel oven/range. The large open floor plan on the first level includes a spacious living room, perfect for all your hosting needs! The property also includes a two car garage and a HEATED GUNITE POOL WITH MESH COVER! Just minutes away from stores and restaurants, you can easily ride your bike anywhere. Call today to customize your brand-new beach home! HURRY BEFORE IT'S GONE!!!
Looking for the perfect shore home? This beautifully renovated 4-bedroom, 2-bathroom single-family home could be just what youâ??ve been searching for! Step into a modern and inviting space featuring stunning floors throughout. The open-concept main floor combines the kitchen and living area, creating a warm and welcoming environment perfect for entertaining. The kitchen boasts a breakfast bar peninsula, stainless steel appliances, soft-close cabinets, gas cooking, and a stylish backsplash that ties it all together. The first floor also includes two bedrooms and a full bathroom complete with a tiled stand-up shower. Upstairs, youâ??ll find two more bedrooms, another full bathroom with a tiled shower/tub combination, and a convenient laundry area. Outdoor living is just as enjoyable, with a charming front porch, a side deck, and a handy storage shed. Owning a shore home is more than just having a houseâ??it's about embracing the lifestyle. Enjoy easy access to the beach, boardwalks, and endless entertainment. Make this your getaway or your forever home!
Step right into this exquisite Margate home situated just steps from the beach, custom-built in 2019 by the renowned local firm, Piraino Builders. Nestled on one of Margate's most coveted streets, merely four houses away from the beach, and conveniently positioned just two blocks from the boardwalk in one direction and two blocks from the island's finest eateries and coffee shops in the other. The grandeur of this residence is evident from the gorgeous Mahogany outdoor features and main entrance where the exquisite front door opens to the two-story foyer. Alternatively, the oversized garage offers a second entrance, complete with a four-stop elevator and additional entryway. Ascend to the main living area, revealing an open-concept space adorned with 9-foot coffered ceilings, a gas fireplace, wide plank wood floors, and sliding doors leading to a spacious deck with breathtaking ocean views. The chef's kitchen is a culinary delight, featuring custom cabinetry, top-of-the-line Wolf and SubZero appliances, a sizable center island, and a separate wet bar. Adjacent, youâ??ll find a chic powder room and a laundry room with custom cabinetry. The second level hosts four bedrooms and three full baths, including two junior suites, each with access to the expansive second-floor deck. Another laundry area is conveniently situated on this level. The third level is dedicated to the ultimate primary suite, offering panoramic ocean vistas from every window. This innovative design showcases vaulted ceilings, a luxurious spa-like ensuite, an oversized walk-in closet, and a private deck. Completing this coastal oasis is a large tiled outdoor shower and a spacious fenced yard. Uniquely offered fully furnished with designer appointments throughout, this home epitomizes beachside living at its finest. Simply bring your favorite coffee cup, although it won't be necessary to make yourself at home in this turnkey retreat! Call today for a private showing. Take a virtual tour here: https://vimeo.com/925834715
LUXURY ON THE LAGOON! Experience waterfront living at its finest in this stunning 4-bedroom, 4-bathroom retreat. From the moment you enter the sun-soaked foyer, youâ??re greeted with a wall of windows showcasing breathtaking water views. The family room is a showstopper, offering seamless indoor-outdoor living with panoramic lagoon vistas. The FIRST LEVEL BOASTS A BEDROOM, two full bathrooms, and a TV/Den that flows into the dining area with bar perfect for entertaining. The chefâ??s kitchen is a masterpiece with stainless steel WOLF and COVE appliances and exquisite blue bahia granite countertops. Upstairs, the luxurious primary suite includes a spa-like en-suite with a SAUNA, creating a private oasis. Two additional spacious bedrooms and another full bathroom complete this level. Step outside to an entertainerâ??s paradise featuring a HEATED POOL and JACUZZI, a built-in grilling station featuring a full bar with ice maker, sink, refrigerator and ample space for lounging or hosting. With lagoon-front access, bring your water toys and enjoy this slice of paradise. This home is a rare gemâ??schedule your tour today!
Incredible opportunity to own a fully renovated, mixed use building in the heart of Margateâ??s fabulous Marina District. The exterior of the building underwent full renovations and transformed into A â??landmark style propertyâ?? and is now totally maintenance free. The commercial space has also been beautifully renovated and is currently occupied by a very successful restaurant. The 2nd floor, large apartment offers 2 gracious bedrooms and 1.5 baths with, a beautifully functioning floor plan and includes access to a an entertaining deck, perfect to catch the ocean breezes and afternoon sun.
Margate is located in New Jersey. Margate, New Jersey has a population of 2,701.
The median household income in Margate, New Jersey is $106,053. The median household income for the surrounding county is $66,473 compared to the national median of $69,021. The median age of people living in Margate is 58.1 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 25.6 degrees. The average rainfall is approximately 42.1 inches per year, with 15.9 inches of snow per year.
