The median home value in Margate City, NJ is $940,000. This is higher than the county median home value of $301,600. The national median home value is $338,100. The average price of homes sold in Margate City, NJ is $940,000. Approximately 33.29% of Margate City homes are owned, compared to 5.27% rented, while 61.45% are vacant. Margate City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Margate City real estate agent to arrange a tour today!
Margate City, New Jersey has a population of 5,402. Margate City is less family-centric than the surrounding county with 22.1% of the households containing married families with children. The county average for households married with children is 26.78%.
The median household income in Margate City, 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 City 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.