206 N Madison Ave Margate, NJ $ 1,250,000
206 N Madison Ave
$ 1,250,000
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206 N Madison Ave

Margate, NJ, 08402
$ 1,250,000
Bedrooms3 Baths1.1 Sq 6,250

Monthly Estimate*

$ 7,798

206 N Madison Ave, Margate, NJ 08402 - Image 1

Single Family Home for sale in Margate, NJ

for $1,250,000 with 3 bedrooms and 1 full bath, 1 half bath. This home is 6,250 square feet.

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. Come look then make the investment.

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Single Family Pending

Price

$ 1,250,000

Bedrooms

3

Full Bath

1

Half Bath

1

Property Type

Single Family

Taxes

$ 9,547

Style

2 Story

Town/City

Margate

County/Region

Atlantic

MLS | Web ID

598101

Features
Exterior
Exterior Vinyl
Lot 00504
Lot Dimensions 50 x 125
Lot Size Less than One Acre
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General
Fireplaces Family Room
Water Public
Sewer Public Sewer
Heating Electric
Status Under Contract Under Contract
Full Baths 1
Half Baths 1
Other Rooms Loft
Style 2 Story
Class RESIDENTIAL
Type Single Family
Rooms 7
Tax Year 2024
Garage None
Status Detail 0
Waterfront No
Area Margate City
Taxes 9547
Adult Community/55+: Y/N 0
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Interior
Flooring Hardwood
Beds 3
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* Excluded Features
List By
Re/Max Preferred - Sewell

Broker

Affordability Calculator

$8,594
Per Month
91%
9%
0%
Monthly Principal & Interest
$7,798
Monthly Property Taxes
$796
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/11/2025$1,249,000 Listed Price

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206 N Madison Ave, Margate, NJ, 08402 is a Single Family Home for sale at $1,250,000 with 6,250 sqft. 206 N Madison Ave has 3 bedrooms and 1.1 baths. The property's zip code is 08402 which is in Margate, NJ