NJ > Margate City > None Available
Margate City, NJ 08402,206 N MADISON AVE
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
13
Jul
Mon
14
Jul
Tue
15
Jul
Jordan Muirhead

Jordan Muirhead

+1(703) 615-8732
Listed by Edward R Marrone • RE/MAX Preferred - Sewell
$ 1,249,000
Est. payment /mo
Save
Under Contract

206 N MADISON AVE Margate City, NJ 08402

1 Bed

1 Bath

3,118 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Under Contract

Purchase Type For Sale

Square Footage 3,118 sqft

Price per Sqft $400

Subdivision None Available

MLS Listing ID NJAC2019646

Style Colonial

Bedrooms 1

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 3,118

Year Built 1925

Annual Tax Amount $9,547

Tax Year 2024

Lot Size 6,250 Sqft

Acres 0.14

Lot Dimensions 50.00 x 125.00

Property Sub-Type Detached

Source BRIGHT

Property Description

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.

Location

State NJ

County Atlantic

Area Margate City (20116)

Zoning WSD

Interior

Hot Water Instant Hot Water, Tankless

Heating Central

Cooling Central A/C

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Story 2

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Colonial

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Margate City Schools

Others

Senior Community No

Tax ID 16-00430-00504

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard

Bright MLS (BMLS)
agent

Jordan Muirhead

Agent | License ID: 0225206725

+1(703) 615-8732

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Jordan Muirhead, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

206 N MADISON AVE

QUICK SEARCH
There are 30 quick searches