4 N Decatur Ave Margate City, NJ 08402
Estimated payment $10,103/month
About This Lot
Welcome to this beautifully maintained duplex perfectly situated just steps from Margate’s vibrant shops, dining, and pristine beaches. Each unit offers 2 bedrooms and 2 full bathrooms, providing comfortable, spacious living for both owners and renters alike. Ideal as an investment property, summer getaway, or multigenerational retreat, this home delivers flexibility and strong rental potential. Enjoy bright, open-concept living areas offering approximately 1350 sq feet per unit combined as 2700 sq feet with well-appointed kitchens, and private bedrooms designed for relaxation after a day at the shore. Outdoor space adds to the coastal lifestyle—perfect for morning coffee, grilling, or storing beach gear. Whether you're seeking steady rental income, a personal escape at the Jersey Shore, or even the perfect location to build your dream Margate home, this property offers an unbeatable setting. Don’t miss this rare opportunity to own a property just blocks from the beach. Lot size is 40 x 105 build the home of your dreams.
Property Details
Property Type
- Land
Est. Annual Taxes
- $8,016
Lot Details
- 969 Acre Lot
- Lot Dimensions are 40 x 105.5
- Property is zoned Duplex, Multi Family
Utilities
- Gas Available
Listing and Financial Details
- Legal Lot and Block 30 / 226
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,662 | $448,600 | $231,800 | $216,800 |
| 2024 | $7,662 | $448,600 | $231,800 | $216,800 |
| 2023 | $7,079 | $448,600 | $231,800 | $216,800 |
| 2022 | $7,079 | $448,600 | $231,800 | $216,800 |
| 2021 | $6,980 | $448,600 | $231,800 | $216,800 |
| 2020 | $6,944 | $448,600 | $231,800 | $216,800 |
| 2019 | $6,917 | $448,600 | $231,800 | $216,800 |
| 2018 | $7,012 | $448,600 | $231,800 | $216,800 |
| 2017 | $7,021 | $448,600 | $231,800 | $216,800 |
| 2016 | $6,783 | $448,600 | $231,800 | $216,800 |
| 2015 | $6,675 | $448,600 | $231,800 | $216,800 |
| 2014 | $6,550 | $448,600 | $231,800 | $216,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/19/2025 11/19/25 | For Sale | $1,799,000 | 0.0% | $666 / Sq Ft | |
| 09/07/2024 09/07/24 | For Rent | $1,800 | -33.3% | -- | |
| 11/15/2022 11/15/22 | Rented | -- | -- | -- | |
| 10/01/2022 10/01/22 | Off Market | $2,700 | -- | -- | |
| 09/01/2022 09/01/22 | Price Changed | $2,700 | -10.0% | -- | |
| 08/19/2022 08/19/22 | Price Changed | $3,000 | -14.3% | -- | |
| 06/27/2022 06/27/22 | For Rent | $3,500 | +75.0% | -- | |
| 11/05/2021 11/05/21 | Rented | -- | -- | -- | |
| 09/21/2021 09/21/21 | Price Changed | $2,000 | -95.6% | -- | |
| 09/21/2021 09/21/21 | For Rent | $45,500 | +184.4% | -- | |
| 08/01/2021 08/01/21 | Rented | -- | -- | -- | |
| 10/26/2020 10/26/20 | Rented | -- | -- | -- | |
| 10/16/2020 10/16/20 | Price Changed | $16,000 | +6.7% | -- | |
| 10/10/2020 10/10/20 | Price Changed | $15,000 | +900.0% | -- | |
| 10/10/2020 10/10/20 | Price Changed | $1,500 | -94.6% | -- | |
| 09/12/2020 09/12/20 | For Rent | $28,000 | +833.3% | -- | |
| 08/23/2020 08/23/20 | For Rent | $3,000 | -86.0% | -- | |
| 05/28/2020 05/28/20 | Rented | -- | -- | -- | |
| 10/21/2019 10/21/19 | For Rent | $21,500 | +4.9% | -- | |
| 06/01/2019 06/01/19 | Rented | -- | -- | -- | |
| 04/29/2019 04/29/19 | Price Changed | $20,500 | -4.7% | -- | |
| 04/23/2019 04/23/19 | Price Changed | $21,500 | -2.3% | -- | |
| 09/02/2018 09/02/18 | For Rent | $22,000 | 0.0% | -- | |
| 02/01/2016 02/01/16 | Sold | $500,000 | 0.0% | -- | View Prior Sale |
| 12/28/2015 12/28/15 | Pending | -- | -- | -- | |
| 03/14/2015 03/14/15 | For Sale | $500,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Heberley Grayson H | |
| Deed | $500,000 | None Available | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $375,000 | New Conventional | |
| Previous Owner | $262,800 | New Conventional | |
| Previous Owner | $146,500 | Purchase Money Mortgage |
Source: South Jersey Shore Regional MLS
MLS Number: 602656
APN: 16-00226-0000-00030
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