206 N Madison Ave, MARGATE CITY, NJ 08402

Local realty services provided by:ERA Liberty Realty
206 N Madison Ave,MARGATE CITY, NJ 08402
$1,249,000
  • 1 Beds
  • 1 Baths
  • 3,118 sq. ft.
  • Single family
  • Pending
Listed by:edward r marrone
Office:re/max preferred - sewell
MLS#:NJAC2019646
Source:BRIGHTMLS

Price summary

  • Price:$1,249,000
  • Price per sq. ft.:$400.58

About this home

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.

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Home facts

  • Year built:1925
  • Listing Id #:NJAC2019646
  • Added:37 day(s) ago
  • Updated:August 15, 2025 at 07:30 AM

Rooms and interior

  • Bedrooms:1
  • Total bathrooms:1
  • Half bathrooms:1
  • Living area:3,118 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Central, Natural Gas

Structure and exterior

  • Year built:1925
  • Building area:3,118 sq. ft.
  • Lot area:0.14 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,249,000
  • Price per sq. ft.:$400.58
  • Tax amount:$9,547 (2024)