Population: 5,331 · Density: 1,456.6/mi² · Median household income: $112,661
Typical home value: $570,941 · Homeownership: 89.7%
Data as of January 2026. Source: Realtor.com.
The MARGATE CITY, NJ real estate market (08402) currently shows 95 active listings, with 24 pending sales. Homes are averaging 80 days on the market before going under contract.
Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 80 days on market compared to 68 days last year.
The median listing price has fallen 3.5% year-over-year, from $1,549,250 to $1,495,000.
Whether you are buying or selling in MARGATE CITY, NJ, Whether he's crunching the data or closing the deal, Graham consistently delivers results. Graham Ginn at Berger Realty is your local expert ready to help. 609-602-4884
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 08402 | Margate City, NJ 08402 | 0.0 mi | 95 | $175,396,315 | $1,495,000 | $1,846,277 |
| 08403 | Longport, NJ 08403 | 1.7 mi | 21 | $41,814,696 | $1,799,000 | $1,991,176 |
| 08221 | Linwood, NJ 08221 | 3.2 mi | 52 | $37,330,800 | $774,000 | $717,900 |
| 08401 | Atlantic City, NJ 08401 | 4.5 mi | 307 | $93,441,283 | $229,000 | $304,369 |
| 08244 | Somers Point, NJ 08244 | 5.0 mi | 70 | $46,478,670 | $588,899 | $663,981 |
| 08226 | Ocean City, NJ 08226 | 6.7 mi | 273 | $546,480,207 | $1,350,000 | $2,001,759 |
| 08203 | Brigantine, NJ 08203 | 8.8 mi | 92 | $74,464,248 | $599,000 | $809,394 |
| 08205 | Absecon, NJ 08205 | 10.3 mi | 127 | $50,431,446 | $350,000 | $397,098 |
| 08248 | Strathmere, NJ 08248 | 12.5 mi | 6 | $14,086,998 | $2,467,000 | $2,347,833 |
| 08241 | Port Republic, NJ 08241 | 14.0 mi | 5 | $2,933,335 | $570,000 | $586,667 |
| 08243 | Sea Isle City, NJ 08243 | 16.0 mi | 62 | $117,712,084 | $1,674,000 | $1,898,582 |
| 08270 | Woodbine, NJ 08270 | 16.8 mi | 20 | $13,531,720 | $459,500 | $676,586 |
| 08215 | Egg Harbor City, NJ 08215 | 18.4 mi | 44 | $20,422,996 | $417,925 | $464,159 |
As of January 2026, there are 95 active listings in MARGATE CITY, NJ (zip code 08402), compared to 87 the prior year.
The median listing price in MARGATE CITY, NJ 08402 is $1,495,000 as of January 2026, a 3.5% decrease from $1,549,250 the prior year.
Homes in MARGATE CITY, NJ 08402 spend an average of 80 days on the market before going under contract, compared to 68 days the prior year.
Based on current inventory and days-on-market data as of January 2026, MARGATE CITY, NJ 08402 is currently a Buyer's Market. Inventory has increased compared to last year, with 8 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 80 days on market compared to 68 days last year.
With SELL123.com's maximum 3% commission, sellers in MARGATE CITY, NJ 08402 save an estimated $29,900 compared to a typical 5% commission on the median listing price of $1,495,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.