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Margate City, NJ

Full City Profile · New Jersey · Atlantic County County

3.6 /5.0
B+ Good
5,260 Population 3,704/sq mi density
$114,417 Median Income $85,429 per capita
$645,200 Home Value $1,090,234 Zillow
$1,368 Median Rent 26.2% income on rent
57°F Avg Temperature 297 sunny days/yr
101 Violent Crime/100K 2,368 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$114,417 median income, 1.8% unemployment
B
Affordability
3.5 / 5.0
$645,200 home value, $1,368/mo rent
F
Safety
1.0 / 5.0
101 violent crimes/100K
A+
Education
5.0 / 5.0
60.1% bachelor's degree or higher

Housing Overview

Median Home Value
$645,200
129% above
US avg: $281,900
Median Rent
$1,368/mo
18% above
US avg: $1,163/mo
Homeownership Rate
89.8%
37% above US avg (65.4%)
Total Housing Units
6,846
Median year built: 1966

Home Value by Source

Census Median
$645,200
Zillow (ZHVI)
$1,090,234
Median Sale Price
$1,350,000
Median List Price
$1,250,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.8%
Owner-Occupied
10.2%
Renter-Occupied
90%
10%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,599/mo
1 Bedroom
$1,759/mo
2 Bedroom
$2,132/mo
3 Bedroom
$2,658/mo
4 Bedroom
$3,005/mo
Census median rent: $1,368/mo · Zillow rent: $22,833/mo

Market Indicators (Redfin)

Median Days on Market
62 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
5
Price Drops
6.7%
of listings with price reduction
Price Per Sq Ft
$695
Active Inventory
89
homes for sale

Affordability & Housing Stock

Rent Burden
26.2%
of renters spending 30%+ of income on housing
15% below US avg (31.0%)
Median Year Built
1966
Average age of housing stock: 60 years
Homeownership Rate
89.8%

Complete Housing Data

Home Values

Census Median Value$645,200
Zillow Home Value (ZHVI)$1,090,234
Median Sale Price$1,350,000
Median List Price$1,250,000
Price Per Sq Ft$695

Rent

Census Median Rent$1,368
Zillow Rent (ZORI)$22,833
FMR Studio$1,599
FMR 1-Bedroom$1,759
FMR 2-Bedroom$2,132
FMR 3-Bedroom$2,658
FMR 4-Bedroom$3,005

Market

Days on Market62
Sale-to-List Ratio0.9%
Price Drops6.7%
Homes Sold5
Active Inventory89
Price Per Sq Ft$695

Ownership & Stock

Owner-Occupied89.8%
Renter-Occupied10.2%
Homeownership Rate89.8%
Total Housing Units6,846
Median Year Built1966
Rent Burden26.2%