08402, 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.