Rare Mixed-Use Opportunity in the Heart of Margate! Located on a generous 125’ x 25’ lot in Margate’s bustling retail district, this highly visible property offers an established local pizzeria/restaurant space plus a spacious upstairs apartment. The ground level features approximately 1,600 SF of restaurant space—currently operating as Jace’s Place (formerly Jonuzi’s Margate)—with prime frontage and consistent foot and vehicle traffic. Upstairs, the property includes a 3-bedroom, 1.5-bathroom apartment, complete with an office/bonus room and laundry area, offering excellent rental income or on-site living convenience. A large backyard with storage adds flexibility, with plenty of potential for restaurant expansion or outdoor dining. This is a unique chance to own not only a well-regarded local eatery but also the building and land in one of the shore’s most desirable commercial corridors.
Appliances: Dishwasher, Dryer, Electric Stove, Refrigerator, Washer
Flooring: Tile, Laminate Flooring
Bedrooms: 3
Full Bathrooms: 1
Half Bathrooms: 1
Exterior Features
Outside Features: Porch Enclosed, Shed
Utilities
Air Conditioner: Ceiling Fan(s), Central
Heating: Forced Air, Gas-Natural
Sewer: Public Sewer
Water: Public
Lot Info
Lot Number: 77
Lot Dimensions: 25' x 125'
Lot Size: Less Than One Acre
Tax Info
Year: 2025
Taxes: 6775
Map
Range of Values:
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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics
Collateral Analytics
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ICE
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First American
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Quantarium
Quantarium
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Year
Tax Paid
Tax AssessmentTax 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
2026
$6,775
$379,100
$318,800
$60,300
2025
$6,775
$379,100
$318,800
$60,300
2024
$6,475
$379,100
$318,800
$60,300
2023
$5,982
$379,100
$318,800
$60,300
2022
$5,982
$379,100
$318,800
$60,300
2021
$5,899
$379,100
$318,800
$60,300
2020
$5,868
$379,100
$318,800
$60,300
2019
$5,846
$379,100
$318,800
$60,300
2018
$5,925
$379,100
$318,800
$60,300
2017
$5,933
$379,100
$318,800
$60,300
2016
$5,732
$379,100
$318,800
$60,300
2015
$5,641
$379,100
$318,800
$60,300
2014
$5,535
$379,100
$318,800
$60,300
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Event
Price
List to Sale
Price per Sq Ft
10/24/202510/24/25
Pending
--
--
--
09/04/202509/04/25
For Sale
$1,200,000
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--
Source: South Jersey Shore Regional MLS
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Type
Sale Price
Title Company
Deed
$825,000
Equity Plus Title
Deed
$450,000
Commonwealth Land Title Insu
Deed
$756,000
--
Deed
--
--
Interfamily Deed Transfer
--
Liberty Title Agency
Deed
--
--
Deed
$170,000
Fidelity National Title Ins
Quit Claim Deed
--
--
Quit Claim Deed
--
--
Deed
$225,000
--
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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