Housing & Real Estate — Margate City, New Jersey

Overview

Total Housing Units6,940
Occupied2,625
Vacant4,315
Owner-Occupied2,356
Renter-Occupied269
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 RatioN/Ax
Home Affordabilityexpensive
Rent as % of Income13.5%
Severely Rent-Burdened24.2%

Housing Age

Built 2010 or later1,046
Built 2000-2009486
Built 1990-1999277
Built before 19602,643
Median Year Built1966
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.