Zip Code:

08402, Margate City, NJ

08402 is a New Jersey Zip code within the city of Margate City and the county of Atlantic County. Its population is roughly 5,997.

The Real Estate Market in the 8402 Zip Code of Margate City, NJ.

The 8402 zip code of Margate City, NJ has a median home value of $269,000 and a median home equity value of $153,000. This is higher than the statewide median home value of $177,500 and the national median home equity value of $142,200. The Margate City area has seen an increase in home values over the past five years as prices have increased by 10%.

The Margate City area is made up of mostly single-family homes with an average size of 2 bedrooms and 1 bathroom. The majority (83%) of homes in this zip code are owner-occupied while 17% are rented. Home values in this area tend to be higher than the statewide and national averages due to its proximity to Atlantic City and its high demand for housing.

Price Index: Atlantic City-Hammonton, NJ

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