Margate City (08402) has an estimated 6,354 residents with 6,354 of those people in approximately 3,156 housing units. The 08402 zipcode contains 1,393 housing units that are owned with a mortgage or a loan, 1,039 housing units that are owned free and clear and 724 housing units that are renter occupied.

In Margate City (08402) the median listing price of $495,000 has declined by $4,000 since 2018-10.

In 2018 the average percentage drop was 2.77% of original listing price.

Zip code 08402 is in the Atlantic City-Hammonton metropolitan area.
The median estimated home value in Margate City, NJ (08402) is $470,900 as of 2018-10-31 . Home values here have declined by -0.02%.

In Margate City, NJ (08402), values have declined by -0.22 from when they peaked at $603,000 in 2007-Q1

The Zillow Market Health Index for Margate City, NJ (08402) is 1.79. The corresponding state value is 1.76. This is higher than the overall Market Health Index of NewJersey.
Metro value is 0.28.
This is significantly higher than the overall Market Health Index of AtlanticCity-Hammonton.