Margate City, NJ 08402 Real Estate & Property Data

Margate City, NJ 08402 Real Estate Market Trends
Last Updated: April 29, 2024

A total of 270 residential properties have been sold over the past 12 months in 08402. With a median sales price of $750,000 in 08402 and a total of 1 foreclosures in Margate City, NJ 08402. Discover market trends and get the granular level real estate data for Margate City, NJ 08402 to keep your pulse on the housing market. Curate compelling home reports for Margate City, NJ 08402 from reliable property records is easy using the ATTOM platform as a source for state-of-the-art property reports.

Margate City, NJ 08402 Real Estate Market Trends
Total Residential Properties 6,706
Total Commercial Properties 128
Avg. Home Age (Single Family Home) 59 Years
Avg. Square Feet (Single Family Home) 2,181
Total 2024 Residential Sales (year-to-date) 26
% of Homes Seriously Underwater (Q2 2024) 1.07%
Total 2023 Residential Sales 266
% of Equity Rich Homes (Q2 2024) 35.7%
Effective 2023 Property Tax 0.82%
Total Foreclosure Filings (year-to-date) 1
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Margate City, NJ 08402 Real Estate Overview

There were 270 residential properties sold in the past year in Margate City, NJ 08402. The median home value in Margate City, NJ 08402 is $773,400. There are a total of 6,706 residential properties in the 08402.

Median Sales Price i
$750,000
(Feb 2024)
-12.2%
year-over-year
y-o-y
  • February '24 Feb '24 $750,000
  • January '24 Jan '24 $1,162,500
  • December '23 Dec '23 $847,500
  • November '23 Nov '23 $1,250,000
  • October '23 Oct '23 $1,562,500
  • September '23 Sep '23 $650,000
  • August '23 Aug '23 $949,000
  • July '23 Jul '23 $1,212,500
  • June '23 Jun '23 $1,600,000
  • May '23 May '23 $1,112,500
  • April '23 Apr '23 $835,000
  • March '23 Mar '23 $1,125,000
Median Down Payment i
$399,000
(Feb 2024)
+73.5%
year-over-year
y-o-y
  • February '24 Feb '24 $399,000
  • January '24 Jan '24 $232,500
  • December '23 Dec '23 $336,250
  • November '23 Nov '23 $349,950
  • October '23 Oct '23 $449,250
  • September '23 Sep '23 $307,500
  • August '23 Aug '23 $211,300
  • July '23 Jul '23 $300,000
  • June '23 Jun '23 $625,000
  • May '23 May '23 $247,500
  • April '23 Apr '23 $294,000
  • March '23 Mar '23 $400,000
Number of Homes Sold i
12
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 12
  • January '24 Jan '24 14
  • December '23 Dec '23 25
  • November '23 Nov '23 21
  • October '23 Oct '23 33
  • September '23 Sep '23 16
  • August '23 Aug '23 22
  • July '23 Jul '23 20
  • June '23 Jun '23 18
  • May '23 May '23 27
  • April '23 Apr '23 18
  • March '23 Mar '23 26
Number of Purchase Loans i
8
(Feb 2024)
-27.3%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 9
  • December '23 Dec '23 10
  • November '23 Nov '23 13
  • October '23 Oct '23 25
  • September '23 Sep '23 8
  • August '23 Aug '23 16
  • July '23 Jul '23 13
  • June '23 Jun '23 9
  • May '23 May '23 20
  • April '23 Apr '23 11
  • March '23 Mar '23 9
Number of REFI Loans i
8
(Feb 2024)
+100%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 7
  • December '23 Dec '23 8
  • November '23 Nov '23 4
  • October '23 Oct '23 11
  • September '23 Sep '23 6
  • August '23 Aug '23 4
  • July '23 Jul '23 8
  • June '23 Jun '23 5
  • May '23 May '23 11
  • April '23 Apr '23 8
  • March '23 Mar '23 5
Number of HELOC Loans i
10
(Feb 2024)
+42.9%
year-over-year
y-o-y
  • February '24 Feb '24 10
  • January '24 Jan '24 7
  • December '23 Dec '23 3
  • November '23 Nov '23 5
  • October '23 Oct '23 9
  • September '23 Sep '23 2
  • August '23 Aug '23 5
  • July '23 Jul '23 5
  • June '23 Jun '23 4
  • May '23 May '23 9
  • April '23 Apr '23 14
  • March '23 Mar '23 9

Margate City, NJ 08402 Foreclosure Activity

There were a total of 1 Margate City, NJ 08402 properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
1
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 2
  • March '23 Mar '23 1
Foreclosure Starts i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 1
  • September '23 Sep '23 N/A
  • August '23 Aug '23 N/A
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 1
  • April '23 Apr '23 1
  • March '23 Mar '23 1
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