No photo available

$1,249,000

Sold
Closed
Single Family
1 Bed
1 Partial Bath
3,118 Sq. Ft.

Map & Location

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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.

Full Property Details

Full Property Details for 206 N Madison Ave

General

Sold For: $1,249,000
Taxes: $9,547 (2024)
Status: Closed
Type: Single Family
Source: BrightMLSPhilly
MLS ID: NJAC2019646
Added to Site: 194 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 1
Half Bathrooms: 1
Main Floor Baths: 1
Main - 1/2 Baths: 1

Bedrooms

Total Bedrooms: 1
Bedrooms Upper: 1

Parking

Parking Type: On Street

Location

Area: Margate City (20116)
Municipality: MARGATE CITY
County: Atlantic
Development Name: None Available
Subdivision: None Available
Driving Directions: use GPS

School Information

School District: Margate City Schools

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Central
Heating Fuel: Natural Gas
Water Heater: Instant Hot Water, Tankless

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Architectural Info: Colonial
Architectural Style: Colonial
Structure Type: Detached
Construction: Frame
Foundation: Block
Stories/Levels: 0
Stories Description: Main, Upper 1
Square Feet: 3,118
Sq. Ft. Source: Assessor
Living Area: 3,118 Sq. Ft.
Finished Above Grnd: 3,118 Sq. Ft.
Year Built: 1925
Year Built Source: Assessor

Lot Features

Lot Size (Acres): 0.14
Lot Size (Sq. Ft.): 6,250
Lot Size Source: Assessor
Lot Dimensions: 50.00 x 125.00
Zoning: WSD

Financial Considerations

Price Per Sq. Ft.: $400.58
Assessment Year: 2024
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $559,000
Tax Amount: $9,547
Tax Year: 2024
Terms: Standard Sale
Tax Total Finished Sq. Ft.: 3118

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 504

Listed by RE/MAX Preferred - Sewell, Edward R Marrone
Sold by Non Subscribing Office, NON MEMBER

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Listing agent

— 206 N Madison Ave —

Edward R Marrone

RE/MAX Preferred - Sewell

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Schools

Schools serving 206 N Madison Ave

School District:Margate City School District

Name	Grades	Distance
William H. Ross III Intermediate School 101 N Haverford Avenue, Margate City, NJ 08402	PK-4	1.1 mi
Eugene A Tighe Mid School 7804 Amherst Avenue, Margate City, NJ 08402	5-8	1.2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 206 N Madison Ave

Date

Details

Price

Change

Source

10/01/2025

Sold

$1,249,000

—

MLS

7/08/2025

Listed

$1,249,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Updated 3 days ago

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Total Bath
1,950
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Active
Updated 1 day ago

4
Beds
2
Total Baths
1,848
Sq. Ft.

Listed by Weichert Realtors-Haddonfield, Nicole M Daddario

206 N Madison Avenue, Margate City, NJ 08402 (MLS# NJAC2019646) is a Single Family property that was sold at $1,249,000 on October 01, 2025. Want to learn more about 206 N Madison Avenue? Do you have questions about finding other Single Family real estate for sale in Margate City? You can browse all Margate City real estate or contact a Coldwell Banker agent to request more information.

206 N Madison Ave Margate City, NJ 08402