$29,999
- 2 Beds
- 1 Bath
- 770 Sq Ft
6672 Black Horse Pike Unit 16, Egg Harbor Township, NJ 08234
Mike Muzzarelli
EXP Realty, LLC
(609) 564-9887
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Margate City, NJ, located on New Jersey’s South Shore, is a predominantly residential area known for its coastal charm and small-town ambiance. The city is famous for Lucy the Elephant, a unique example of zoomorphic architecture that attracts tens of thousands of visitors annually for guided tours. Margate City features a mix of freshly painted historic homes and sleek new constructions, with ongoing infrastructure projects addressing coastal flooding. The sandy beaches, watched over by lifeguards during summer, offer a quieter alternative to the commercial blocks of nearby Ventnor City Boardwalk. Margate City’s bayfront is lined with marinas and docks, providing ample opportunities for waterfront recreation. The Marven Gardens Historic District showcases a variety of architectural styles, including gambrel roofs and multi-story porches. The local real estate market includes single-family homes, condos, and midrise buildings, with homes typically taking longer to sell compared to the national average. Community events such as the Margate Cornhole League, Cherry Blossom Festival, and Beachstock offer family-friendly entertainment. Shopping and dining options are concentrated along Ventnor and Amherst avenues, featuring restaurants, boutique stores, and specialty grocers. The Margate City School District serves students from kindergarten through eighth grade, with high school students attending nearby districts. Margate City experiences hot summers and freezing winters, with flood insurance being a necessity due to its location in a floodplain. The crime rate is lower than the national average, with a decrease in violent crimes reported in recent years.
On average, homes in Margate City, NJ sell after 61 days on the market compared to the national average of 56 days. The median sale price for homes in Margate City, NJ over the last 12 months is $1,155,000, up 12% from the median home sale price over the previous 12 months.