- 1 bed
- 1 bath
- 3,118 sqft
- 6,250 sqft lot
- $400 per sqft
- 1925 build
Great Opportunity in Margate, NJ! Enjoy two properties for the price of one or rebuild to your own liking in a sensational area in Margate, NJ. It doesn't get any better than this at the shore with 3100 sq ft of livable space just 100 yards from gleaming bay views and steps from local 5-star restaurants. Only a few blocks to the beach, one block to Longport, and a short drive to Ocean City, Somers Point, and Atlantic City’s magic and nightlife. The front building features a welcoming porch, a cozy living room with fireplace, a small dining area, and an updated kitchen with a deck for outdoor enjoyment. Upstairs offers a spacious bedroom with a master bath and a loft with a trundle bed. The back building includes 3 bedrooms (possible 4th), 1.5 baths, and is tenant-occupied at $1,700/month, providing instant income. The lot size is ideal for investors looking to rebuild and create their Margate dream home in a prime location near the bay and beach.
Last checked:
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Checking…
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Last updated Jul 8, 2025
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MLS# NJAC2019646 —
The Building
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Year Built:1925
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Frame
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Structure Type:Detached
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Architectural Style:Colonial
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Levels:2
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Accessibility Features:None
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Foundation Details:Block
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Basement:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:3118
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:3118
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3118
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Living Area SqFt:3,118 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, FHA, VA
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Possession:31-60 Days CD
Location
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Directions:use GPS
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Latitude:39.32354355
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Longitude:-74.51938629
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.14
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Lot Size Source:Assessor
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Lot Size Dimensions:50.00 x 125.00
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Lot Dimensions Source:Assessor
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Lot SqFt:6,250 Sqft
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Zoning:WSD
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 491-0988
- Office phone:
- (856) 589-4848
Taxes
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Tax ID Number:16-00430-00504
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Tax Year:2024
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Tax Lot:00504
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Tax Annual Amount:$9,547
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Tax Assessed Value:$559,000
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Year Assessed:2024
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:1
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Upper Level Bedrooms:1
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Upper Level 1 Bedrooms:1
Baths
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Total Baths:1
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Half Baths:1
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Main Level Baths:1.00
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Main Level Half Baths:1
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Central
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Instant Hot Water, Tankless
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Water Source:Public
Schools
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School District Name:Margate City Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None Available
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:On Street
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$1,249,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$6,688
|
Taxes | $795 |
Insurance | $343 |
Utilities | $483 See report |
Total | $8,309/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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7/8/25
Jul 8, 2025
|
Listed / Active | BRIGHT | $1,249,000 |