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2025 Compare Cities Housing:
Somers Point, NJ vs Margate City, NJ

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Highlights
- The median age of a home in Somers Point is 9.6% younger than the median age of a home in Margate City.
 Somers Point, NJMargate City, NJUnited States
 Median Home Age52  Unlock42
 Median Home Cost  Unlock$742,200$338,100
 Home Appr. Last 12 months20.3%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock66.4%57.0%
 Home Appr. Last 10 yrs.70.7%  Unlock101.1%
 Property Tax Rate  Unlock$28.6$11.0
 Homes Owned42.5%  Unlock57.4%
 Housing Vacant  Unlock61.5%11.2%
 Homes Rented39.2%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Somers Point, NJMargate City, NJUnited States
 Average Rent  Unlock$2,500$1,840
 Studio Apartment$1,040  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,430$1,180
 2 Bedroom Home or Apartment$1,530  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$2,540$1,860
 4 Bedroom Home or Apartment$2,360  Unlock$2,160
 space1
 Vacant Housing
 Somers Point, NJMargate City, NJUnited States
 Vacant For Rent  Unlock0.6%1.9%
 Vacant Rented0.4%  Unlock0.4%
 Vacant For Sale  Unlock1.2%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock56.9%3.6%
 Vacant Other3.2%  Unlock4.1%
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 Owner-Occupied Housing Value
 Somers Point, NJMargate City, NJUnited States
 Less Than $20,000  Unlock1.2%2.6%
 $20,000 to $39,9990.8%  Unlock2.4%
 $40,000 to $59,999  Unlock0.7%2.8%
 $60,000 to $79,9990.6%  Unlock3.9%
 $80,000 to $99,999  Unlock0.0%4.5%
 $100,000 to $149,9998.1%  Unlock11.3%
 $150,000 to $199,999  Unlock2.4%13.0%
 $200,000 to $299,99947.8%  Unlock20.1%
 $300,000 to $399,999  Unlock16.5%13.6%
 $400,000 to $499,9992.0%  Unlock8.3%
 $500,000 to $749,999  Unlock23.0%9.7%
 $750,000 to $999,9990.7%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock7.9%2.2%
 $1,500,000 to $1,999,9990.5%  Unlock0.8%
 $2,000,000 and over  Unlock2.5%1.1%
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 Housing Units By Year Built
 Somers Point, NJMargate City, NJUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock7.3%13.6%
 2000 to 20094.9%  Unlock13.6%
 1990 to 1999  Unlock2.4%13.6%
 1980 to 198913.8%  Unlock13.2%
 1970 to 1979  Unlock14.4%14.8%
 1960 to 19693.3%  Unlock13.6%
 1950 to 1959  Unlock22.6%10.0%
 1940 to 19494.6%  Unlock4.7%
 1939 or Earlier  Unlock15.1%12.2%
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Learn More About Somers Point, New Jersey
Overview
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Learn More About Margate City, New Jersey
Overview
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