#597519, Listing office: Re/Max Select
$1,249,000 List price
206 N Madison Ave Margate, NJ 08402
3 beds
1 full, 1 partial
6,250 sqft
$200 / sqft
House
Property details
About 206 N Madison Ave
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.
Highlights
Home typeSingle Family Residence
HeatingElectric
StatusActive
Size6,250 sqft
ParkingThree or More Cars
MLS #598101
FireplaceFamily Room
Summary
- Partial Bathrooms: 1
- Full Bathrooms: 1
- Flooring Type: Hardwood
- Fireplace: Family Room
- Total Bedroom Count: 3
- Attached Garage: No
- Parking: Three or More Cars
- Exterior: Deck
- Architectural Style: 2 Story
- Heating: Electric
- List Price: $1,249,000
- Price/SqFt: $199
- HOA Amount: $0
- Directions: Atlantic ave to Madison
- Stories: 2
- Living Area: 6,250 SqFt
- MLS Number: 598101
- Office Name: RE/MAX PREFERRED - Sewell
- Office Phone: (856) 227-8989
- Office Email: preferred@njpreferredhomes.com
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2025 SJSR MLS. All rights reserved.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/13/2025, 12:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
9
William H. Ross III Elementary School
Public District PK-4
1.1 mi
•101 N Haverford Ave
8
Ventnor Elementary School
Public District PK-4
1.7 mi
•400 N Lafayette Ave
6
Seaview Elementary School
Public District PK-4
3.5 mi
•2013 Wabash Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $72,390. The majority of Margate, NJ residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
18%
<35k
56%
35k-100k
22%
100k-200k
4%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
64%
Single, No Kids
4%
Single, with Kids
28%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
5%
<11 yrs old
2%
12-17 yrs old
15%
18-34 yrs old
48%
35-64 yrs old
30%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Hiking/backpacking
Horse Races
Where do the neighbors shop?
Stein Mart
Nordstrom Rack
Express/Express For Men
Where do the neighbors go to eat?
Bonefish Grill
Chipotle
LongHorn Steakhouse
What do the neighbors drive?
Lincoln
Mazda
Buick
What do the neighbors listen to?
Classical
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 206 N Madison Ave
The listing price of 206 N Madison Ave property is $1,249,000.
The property 206 N Madison Ave is a house located in Margate, New Jersey, 08402.
Active Listing: 206 N Madison Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 206 N Madison Ave are: William H. Ross III Elementary School (GreatSchools Rating 9/10), Ventnor Elementary School (GreatSchools Rating 8/10), Seaview Elementary School (GreatSchools Rating 6/10), Eugene A. Tighe Middle School (GreatSchools Rating 9/10), Ventnor Middle School (GreatSchools Rating 7/10), Belhaven Middle School (GreatSchools Rating 7/10), Mainland Regional High School (GreatSchools Rating 5/10), Atlantic City High School (GreatSchools Rating 2/10), Ocean City High School (GreatSchools Rating 5/10).
The property at 206 N Madison Ave has 3 bedrooms and 1 full and 1 half bathrooms.
The property 206 N Madison Ave is 6,250 SqFt (source: MLS/tax record).
This home is located at 206 N Madison Ave in Margate, NJ and zip code 08402. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 11, 2025 and is currently priced at $1,249,000.
While more than 0 listings in Margate, NJ in June 2025 were sold above asking price, there were more than 0 listings sold at asking price, and more than 13 were sold below. The number of listings in Margate, NJ decreased by 6.1% between May and June 2025. Listings spent 49 days on the market in June 2025, and had a median list price of $1,250,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.