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Margate City (zip 08402), New Jersey 0 Reviews | Leave a Comment  Add Favorite


-Nearby beaches
-Favorable climate


-Tourist impact
-Cost of living
-Arts and culture

What Bert Has To Say About Atlantic City Metro Area

Atlantic City lies on a barrier island on the south coast of New Jersey. Once a popular resort area for residents of New York and Philadelphia from the 1850’s, (the street names in the board game “Monopoly” are taken from downtown streets), the city went into decline after World War II as better travel and transportation services made other destinations accessible. The return to legalized gambling in the late 1970s was a partially successful attempt to revive the earlier prominence.


  • Profile: Beach and resort city
  • Time zone: Eastern Standard Time
  • Elevation: 10
  • Real Estate: For Sale  For Rent
  • City: Margate City
  • Zip Codes: Margate City (zip 08402)

Quick Facts About Margate City

    The unemployment rate in Margate City (zip 08402) is 10.30 percent(U.S. avg. is 6.30%). Recent job growth is Negative. Margate City (zip 08402) jobs have Decreased by 2.87 percent.
    Compared to the rest of the country, Margate City (zip 08402)'s cost of living is 55.00% Higher than the U.S. average.
    As of 2014, Margate City (zip 08402)'s population is 6,459 people. Since 2000, it has had a population growth of -20.93 percent.
    Average Commute time is 23 minutes. The National Average is 25 minutes.
    The median home cost in Margate City (zip 08402) is $426,100. Home appreciation the last year has been -1.70 percent.
    Margate City (zip 08402) public schools spend $20,555 per student. The average school expenditure in the U.S. is $12,435. There are about 12.6 students per teacher in Margate City (zip 08402).

Best Places to Live in Margate City, New Jersey

Margate City Housing Market

It's not a good time to buy in Margate City. Home Appreciataion is down -1.7% in the last 12 months. Browse Margate City Real Estate.
The median home price in Margate City is $426,100. Browse Homes in this Range.
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