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Margate City NJ Real Estate & Commercial for Sale

2 Properties Found

The median home value in Margate City, NJ is $575,000. This is higher than the county median home value of $242,500. The national median home value is $308,980. The average price of homes sold in Margate City, NJ is $575,000. Approximately 37% of Margate City homes are owned, compared to 12% rented, while 52% are vacant. Margate City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Margate City real estate agent to arrange a tour today!
Learn more about Margate City.


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Beds:
n/a
Baths:
Sq.Ft.:
16,375
Status:
Active
MLS#:
NJAC2010864
Type:
Other
Lot size:
0.38 Acres
Year built:
1955
Courtesy: Farley & Ferry Realty Inc, (609) 822-1836
View additional info

Margate Investment and or Development Project!! Currently an Apartment complex consisting of 11 residential units fully occupied. 10 one bedroom units and one efficiency. Laundry room on site and all units include a balcony and or porch. Electric heat paid by tenancy. Lease information available in associated documents. The complex sits on a lot 131 X125 close to bay and popular fine dining. Margate zoning officials have confirmed from a development perspective in WSD zone the permitted property developed allows for 7 townhomes with commercial below approximately 2000 square ft or possibly 5 single family homes @3200 square ft each. Use variance may be required for either. We recommend buyer reviews their plan with zoning. The location welcomes new construction and is an awe-inspiring opportunity in an extremely sought after location and trending neighborhood. Manifest your design strategy in Margate!

Beds:
n/a
Baths:
1.00
Sq.Ft.:
10,125
Status:
Active
MLS#:
NJAC2007940
Type:
Other
Lot size:
0.15 Acres
Year built:
1920
Courtesy: BHHS Fox & Roach-Margate, (609) 822-4200
View additional info

Largest single commercial plot on Ventnor Ave in Margate - 10,125 sf available for commercial in commercial zone. This is a prime opportunity in desirable central location on main street of thriving Margate business and residential community. Seller will handle environmental, which is in process. Street cuts already exist on the side streets, Franklin and Exeter Avenues.

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