Why Margate City, NJ?
Margate City is Downbeach's upscale barrier island anchored by Lucy the Elephant — a six-story National Historic Landmark built in 1882, recently restored for $2.5 million, the oldest surviving roadside tourist attraction in America. Marven Gardens (yes, the Monopoly board) features fountain-lined boulevards. Steve and Cookie's By the Bay, Ventura's Greenhouse, Tomatoes, Drift Seafood, and Maynard's Cafe (live music patio) serve the dining scene. 500 Days of Summer screenwriter Scott Neustadter is from here. At $650K, upscale Downbeach living between AC's energy and Longport's mansions.
Margate City Real Estate Market in 2026
Margate homes sell in 35 days at a $650K median. Beachfront $1M to $3M. Year round community.
Best Neighborhoods in Margate City
2 distinct neighborhoods, each with its own character and price range
Lucy Area
$500,000 to $1,500,000Near the famous landmark. Beach access.
Restaurant Row
$500,000 to $900,000Near Ventnor Avenue dining.
Commuting from Margate City to NYC
Source: NJ Transit schedules, June 2026. Peak hour commute times.
Walkability and Livability in Margate City
How easy is it to live car-free or car-light in Margate City?
Margate City vs Neighboring Towns: Cost Comparison
Where to Eat in Margate City
Ventnor Avenue
Restaurant Row with upscale dining. Steve and Cookie's, Tomatoes (fine dining), and seasonal restaurants.
Parks and Recreation in Margate City
Lucy the Elephant
National Historic Landmark. 6-story elephant-shaped building from 1881. Tours available.
Margate Beach
Wide beaches with lifeguard protection.
New Development and Growth in Margate City
History of Margate City, NJ
Incorporated in 1885.
Lucy the Elephant was built in 1881 by James V. Lafferty as a real estate promotion. She is a National Historic Landmark.
Margate has been an upscale beach community for over a century.
Safety in Margate City
Margate is very safe.
Notable Residents
Annual Events and Festivals
Frequently Asked Questions About Margate City, NJ
What is the median home price in Margate City, NJ?
The median home price is $650,000 as of 2026, with 6.4% year-over-year appreciation. Average $380/sqft, selling in 35 days.
How long is the commute from Margate City to NYC?
108 minutes via NJ Transit from on the Drive to AC Expressway. Transfer required.
What are property taxes in Margate City, NJ?
Tax rate is 1.12%. Average homeowner pays $5,890/year. At the median price of $650,000, expect about $7,280/year.
What are the best neighborhoods in Margate City?
Lucy Area ($500,000 to $1,500,000). Restaurant Row ($500,000 to $900,000). See the full guide above for all 2 neighborhoods.
Is Margate City safe?
Margate is very safe.
How walkable is Margate City, NJ?
Walk Score of 55, rated "Somewhat Walkable." Median income $82,000, median age 52.4. 15% renter-occupied.
Ready to Find Your Home in Margate City?
Talk to a Premier Homes agent who knows Margate City inside and out. We have been serving this community for over 30 years.