$1,749,000
215 N Decatur Ave, Margate City, NJ 08402
Property being sold as is with approved plans for 3 units. Rare opportunity to own and build 2 bedroom, 3 bedroom and 5 bedrooms unit running street to street Benson to Decatur Avenues.
Joseph DiLorenzo
DILORENZO REALTY GROUP, LLC
(609) 766-0856
Explore Margate City
$1,800,000
9315 Ventnor Ave, Margate City, NJ 08402
Prime Investment Opportunity in the Heart of Margate! Don't miss this exceptional mixed-use investment located in Margate’s thriving commercial business district. Boasting maximum visibility and steady foot traffic, this property is ideally situated within walking distance to the Marina District, beach, and shopping—a highly sought-after location for both commercial and residential tenants.
Lauren Nicole Fitzpatrick
MARCHESE REAL ESTATE, LLC
(609) 359-0432
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 75 days on the market compared to the national average of 70 days. The median sale price for homes in Margate City, NJ over the last 12 months is $750,000, up 30% from the median home sale price over the previous 12 months.
In Margate City, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $1,749,000 to $1,800,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Margate City is $780,000, while the average sale price is $1,295,004, offering insights into the local housing market. On average, multi-family homes spend 75 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Margate City, NJ.
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