Margate City, Margate City, NJ
Margate City — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Margate City, Margate City, New Jersey. Explore the cited sources and local facts below while agent underwriting continues.
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Margate City Neighborhood Overview
Margate City is a serene coastal community located on Absecon Island in New Jersey. Known for its beautiful beaches and iconic Lucy the Elephant landmark, it offers a quintessential shore-town atmosphere. The city provides a tight-knit, residential feel with easy access to the Atlantic Ocean.
Lifestyle & Amenities
Residents enjoy a relaxed lifestyle centered around its pristine beaches, perfect for swimming, sunbathing, and fishing. The community is home to local shops, restaurants, and the historic Lucy the Elephant, a major tourist attraction and national landmark. Recreational activities include boating, kayaking, and strolling along the scenic bayfront and beachfront promenades.
Real Estate Market
The real estate market in Margate City is characterized by a high rate of homeownership, with approximately 90% of residents owning their homes. The median home value is reported at $572,100, reflecting the desirability of this coastal location. Rental options are available, with a median rent of around $1,298 per month.
Schools & Education
Margate City is served by its own local public school district, which is dedicated to serving the community's students. Families in the area have access to these local educational institutions. The district's focus on community contributes to the neighborhood's family-friendly environment.
Transportation & Connectivity
The city is easily accessible via the Atlantic City Expressway and other major roadways, connecting residents to Atlantic City and the broader South Jersey region. While primarily a car-dependent community, local roads and bridges provide straightforward access to the island. The compact, walkable layout of the neighborhood itself makes it easy to reach beaches and local amenities on foot or by bicycle.
Why Choose Margate City
Margate City is ideal for those seeking a permanent or second home in a classic, upscale beach community with a strong sense of place. The high median household income of $112,661 and dominant homeownership rate indicate a stable, prosperous community. It offers a perfect blend of tranquil coastal living, rich history, and a highly desirable residential environment.
Margate City Market Data
| Metric | Value |
|---|---|
| Median Home Price | $572K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $113K |
| Homeownership Rate | 89.7% |
| Renter-Occupied | 10.3% |
| Rental Vacancy Rate | 10.8% |
| Market Type | Buyer's |
| Market Tier | Premium |
| Primary ZIP Code | 08402 |
Top Real Estate Agents in Margate City, Margate City
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Margate City, Margate City, NJ. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: New Jersey Real Estate Commission (NJREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12