Margate, NJ Homes for Sale
Margate, New Jersey
Margate, New Jersey is perched at the end of the long spit of land that forms the northern edge of the Great Egg Harbor Inlet. Almost 9,000 people make Margate home year-round. Margate offers visitors a chance to experience the Atlantic coast at a more sedate pace than nearby Atlantic City, while having more bustle than Cape May. Margate City is home to Lucy the Elephant, a zoomorphic structure shaped like a pachyderm. Lucy is over 124 years old, the oldest surviving structure of its kind in the United States.
Homes in Margate, New Jersey
Margate's real estate market presents a mix of older bungalows and Cape Cod style homes and newer ranch and contemporary style homes.
Cozy, bungalow style homes for sale in Margate enter the market in the low to mid $300's. Larger homes average in the low to mid $600's. Newer, well appointed homes will fetch prices over the $800,000 mark. A home right on the waterfront is considerably more valuable, with asking prices starting at the million and a half mark.
The Margate City real estate market presents a similar range to home buyers. Real estate investors should expect to spend two million and up for a home on the waterfront. For first time home buyers and those looking for a practical vacation home, smaller Cape Cod style and ranch style homes enter the market in the mid $300's.
Longport homes for sale include restored Victorian and Cape Cod homes. These older properties can be a major find for an entry level buyer, with prices that are significantly below the norm in this seaside community. For luxury home buyers, Longport also offers exquisite contemporary homes that are truly palatial.
Margate Community Schools
The Margate School District consists of three schools: Union Avenue Elementary School, William Ross III Intermediate School, and Eugene A. Tighe Middle School. The district offers classes for students from pre-kindergarten to the eighth grade level. Some highlights of Margate's school program include exposure to Spanish and Chinese language and a portable interdisciplinary planetarium. Margate parents usually send their children to Atlantic City High School for their secondary education. The Blessed Sacrament Regional School is a private religious school offering classes from pre-kindergarten to eighth grade.
Business in Margate, New Jersey
Like all of the communities on the Atlantic Cape, dining, entertainment and other tourist activities are big business in Margate. Major businesses in Margate include retail trade, real estate and rental leasing, accommodation and food services. Seaside businesses, such as charter tours and fishing, are also important aspects of the local economy.
Margate Real Estate Agents
Serious home buyers are encouraged to team up with a Margate REALTOR®. A local real estate agent understands the trends and market conditions that can be turned to the buyer's advantage.