Housing & Real Estate — Margate City, New Jersey
Overview
| Total Housing Units | 6,940 |
| Occupied | 2,625 |
| Vacant | 4,315 |
| Owner-Occupied | 2,356 |
| Renter-Occupied | 269 |
| Median Home Value (Census) | $708,800 |
| Estimated 2026 | ~$884,000 |
| Median Rent | $1,368/mo |
| Median Property Tax | $7,231/yr |
Affordability
| Home Price to Income Ratio | N/Ax |
| Home Affordability | expensive |
| Rent as % of Income | 13.5% |
| Severely Rent-Burdened | 24.2% |
Housing Age
| Built 2010 or later | 1,046 |
| Built 2000-2009 | 486 |
| Built 1990-1999 | 277 |
| Built before 1960 | 2,643 |
| Median Year Built | 1966 |
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.