$1,249,000

bed

half bath

3,118

square ft

206 N Madison Avenue

Margate City, New Jersey 08402

Closed / MLS #NJAC2019646 / Single Family / Margate City

Listing information updated 10/6/2025 at 9:01pm

Great Opportunity in Margate, NJ! Enjoy two properties for the price of one or rebuild to your own liking in a sensational area in Margate, NJ. It doesn't get any better than this at the shore with 3100 sq ft of livable space just 100 yards from gleaming bay views and steps from local 5-star restaurants. Only a few blocks to the beach, one block to Longport, and a short drive to Ocean City, Somers Point, and Atlantic City's magic and nightlife. The front building features a welcoming porch, a cozy living room with fireplace, a small dining area, and an updated kitchen with a deck for outdoor enjoyment. Upstairs offers a spacious bedroom with a master bath and a loft with a trundle bed. The back building includes 3 bedrooms (possible 4th), 1.5 baths, and is tenant-occupied at $1,700/month, providing instant income. The lot size is ideal for investors looking to rebuild and create their Margate dream home in a prime location near the bay and beach.

Full Features

Architecture Style:

Colonial

Beds Above Grade:

Cooling System:

Central A/C

Heating System:

Central

Main Level Primary Bedroom:

Fireplace:

Pool:

Age:

100 Years

Water Front:

Square Feet:

3,118

Lot Size:

6250.00 Square Feet

Acreage:

0.14

Taxes & Assessments

Tax Amount:

$9,547

Tax Year:

2024

Location

Zip Code:

08402

City:

Margate City

County:

Atlantic

Schools

School District(s):

MARGATE CITY SCHOOLS

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Colonial

Beds Above Grade:

Cooling System:

Central A/C

Heating System:

Central

Main Level Primary Bedroom:

Fireplace:

Pool:

Age:

100 Years

Water Front:

Square Feet:

3,118

Lot Size:

6250.00 Square Feet

Acreage:

0.14

Tax Amount:

$9,547

Tax Year:

2024

Zip Code:

08402

City:

Margate City

County:

Atlantic

School District(s):

MARGATE CITY SCHOOLS

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: RE/MAX Preferred - Sewell

Listing Office Phone: 856.589.4848

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