Residential > House
Pending
6 days ago
List Price
$1,249,000$401/ft²
206 Madison Ave
Margate City, NJ 08402
- 1Bed
- 1Bath
- 3,118ft²Living Area
- 6,098ft²Lot Size
- -Pool
- -Car
- 1925Year Built
- 5DOM
- 1Permit
206 Madison Ave, Margate City, NJ 08402 is a 1 bed, 1 bath, 3,118 ft² house built in 1925 on a 0.140 acre lot with 1 construction permit. This house is currently pending.
MLS Description
The listing agent's description. Original Listing
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.
Listing Agents
The listing agent for 206 Madison Ave is Ed Marrone.
EM
Ed Marrone
RE/MAX Preferred - Sewell
Phone: (856) 810-8282
Permits
206 Madison Ave has 1 permit records.
Permit History
1
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$9,223.50From latest Total Assessed Value1.65%Total Assessed Value$559,000=Land+
Assessed Value$321,000Additions
Assessed Value$238,000
In 2023, taxes billed for 206 Madison Ave were $9,223.5, which is 1.65% from latest Total Assessed Value of $559,000.
Property History
206 Madison Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 206 Madison Ave
Hazard Risks
Hurricane166Carb Mono157Ozone118Air Pollution115Lead103Weather102Nat'l Avg100Particulates97Wind88Hail38Earthquake37Tornado22
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 206 Madison Ave.
Walkability Index
17 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
206 Madison Ave has a walkability score of 17 out of 20, which means that it is in a very walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
28°F
High
43°F
Summer
Average
Low
65°F
High
80°F
In the winter at 206 Madison Ave, temperatures range from 28.2°F to 43.25°F with an average of 35.73°F. In the summer, the temperature ranges from 65.3°F to 80.11°F with and average of 72.71°F.
School Information
Public/private schools serving 206 Madison Ave
Public Schools
Atlantic City High School
Grades: 9-12
3.80 mi
D-
Eugene A. Tighe Middle School
Grades: 5-8
1.19 mi
A-
William H. Ross III Elementary School
Grades: PK-4
1.06 mi
A
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 206 Madison Ave have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in Margate City, Margate City, NJ 08402.
Seasonal Housing units 08402
93%of housing is for seasonal rent.
Daytime Population for 08402
-2%of people during work hours.
Crime Index for 08402
154
154
The crime index in 08402 is 154, which is 1.5 times higher than national average.
Market Trends
Historical market data near 206 Madison Ave over selected time period.
Nearby Properties on Madison Ave
- 12 S Madison Ave # B, Margate City, NJ 08402 (Margate City) is a 950 square foot property. It was built in 1986 and has an estimate of $383,500 with a price per ft² of $404.
- 25 N Madison Ave #Apt A1, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $340,668 with a price per ft² of $367.
- 25 N Madison Ave #Apt B1, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $340,668 with a price per ft² of $367.
- 25 N Madison Ave #Apt A2, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $340,668 with a price per ft² of $367.
- 25 N Madison Ave #Apt B2, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $340,668 with a price per ft² of $367.
- 25 N Madison Ave #Apt A3, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $340,668 with a price per ft² of $367.
- 25 N Madison Ave #Apt B3, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $340,668 with a price per ft² of $367.
- 25 N Madison Ave #Apt A4, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $340,668 with a price per ft² of $367.
- 25 N Madison Ave #Apt A5, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $340,668 with a price per ft² of $367.
- 25 N Madison Ave #Apt B5, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $340,668 with a price per ft² of $367.
- 25 N Madison Ave #Apt A6, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $421,933 with a price per ft² of $455.
- 25 N Madison Ave #Apt B6, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $305,000 with a price per ft² of $329.
- 25 N Madison Ave #Apt B7, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $340,668 with a price per ft² of $367.
- 25 N Madison Ave #Apt A8, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $340,668 with a price per ft² of $367.
- 25 N Madison Ave #Apt B8, Margate City, NJ 08402 (Margate City) is a 928 square foot and 0.06 acre property. It was built in 1982 and has an estimate of $340,668 with a price per ft² of $367.
- 7 N Madison Ave #Apt 5, Margate City, NJ 08402 (Margate City) is a 925 square foot and 0.29 acre property. It was built in 1986 and has an estimate of $422,100 with a price per ft² of $456.
- 7 N Madison Ave #Apt 6, Margate City, NJ 08402 (Margate City) is a 925 square foot and 0.29 acre property. It was built in 1986 and has an estimate of $418,300 with a price per ft² of $452.
- 7 N Madison Ave, Margate City, NJ 08402 (Margate City) is a 925 square foot and 0.29 acre property. It was built in 1986 and has an estimate of $433,400 with a price per ft² of $469.
- 7 N Madison Ave #Apt 8, Margate City, NJ 08402 (Margate City) is a 925 square foot and 0.29 acre property. It was built in 1986 and has an estimate of $431,000 with a price per ft² of $466.
- 126 N Madison Ave, Margate City, NJ 08402 (Margate City) is a 1,966 square foot and 0.07 acre property. It was built in 2018 and has an estimate of $877,900 with a price per ft² of $447.
- 124 N Madison Ave, Margate City, NJ 08402 (Margate City) is a 1,312 square foot and 0.07 acre property. It was built in 1950 and has an estimate of $614,700 with a price per ft² of $469.
- 120 N Madison Ave # A, Margate City, NJ 08402 (Margate City) is a 2,250 square foot property. It was built in 2007 and has an estimate of $837,900 with a price per ft² of $372.
- 120 N Madison Ave # B, Margate City, NJ 08402 (Margate City) is a 2,250 square foot property. It was built in 2007 and has an estimate of $852,800 with a price per ft² of $379.
- View more properties on Madison Ave