Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    9406 Pacific Ave Margate, NJ 08402

    Sponsored
    For Sale
    $1,399,000

    Duplex - Margate, NJ

    Type:Duplex
    Lot size:
    0.07 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 27 at 7:06 pm

    Property Features for 9406 Pacific Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Basement
    Basement Y/N
    1
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Baseboard
    Cooling system
    Electric, Multi Units, Wall Unit(s), Window Unit(s)

    Building Details

    Number of units
    2
    Building materials
    Stucco

    We can help!

    Listing Contact
    Julie Cicali

    REAL-MARGATE (903) 300-3023

    Listing agent Julie Cicali (609) 300-3023 License #2079075

    Listing date Jan 26, 2026

    MLS# 601977 Listing URL

    Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Margate Duplex with Expansion Potential

    Located in the beach district of Margate, this property at 9406 Pacific Ave is configured as a duplex. Each unit includes 2 bedrooms and 1 full bath. The property provides off-street parking with a driveway and garage, along with a backyard suitable for grilling and storage. Situated on a 50x57 lot, the property offers the potential for new construction, supporting the development of a single-family beach home or a modern coastal retreat with enhanced ocean views. This property is suited for personal use, rental income, or multi-generational living.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Margate
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.5137901
    Latitude
    39.3204562

    Nearby Similar for Sale

    • New
      $1,399,000
      0.07 Acres

      Margate Duplex with Expansion Potential

      Coastal duplex in Margate with potential for expansion or new construction.
      9406 Pacific Ave, Margate, NJ 08402
      View Details
    • $1,749,000

      Margate Commercial Building For Sale

      Two-story professional building in Margate, NJ, ready for occupancy.
      215 N Decatur Ave, Margate, NJ 08402
      View Details
    • $1,799,000
      2,700 SF

      Margate Duplex Near Beach

      Well-maintained duplex near shops, dining, and beaches.
      4 N Decatur Ave, Margate, NJ 08402
      View Details
    • $1,799,000
      2,700 SF

      Margate Duplex Near Beach

      Well-maintained duplex near shops, dining, and beaches in Margate, NJ.
      4 N Decatur Ave, Margate, NJ 08402
      View Details
    • $3,499,000
      Pending

      Margate Bay Frontage Marina

      Family-owned marina with significant rental income potential on Margate bay.
      900 N Jerome Ave, Margate, NJ 08402
      View Details
    • $1,799,000
      969.00 Acres

      Margate Duplex Near Beach

      Well-maintained duplex near shops, dining, and beaches.
      4 N Decatur Ave, Margate, NJ 08402
      View Details
    • $1,799,000
      2,700 SF

      Duplex Near Margate's Shops, Beaches

      Well-maintained duplex steps from shops, dining, and beaches.
      4 N Decatur Ave, Margate, NJ 08402
      View Details
    • $85,000

      Deeded Parking Spot For Sale

      Southside deeded parking spot near the beach in Margate, NJ.
      9517 Atlantic Ave, Margate, NJ 08402
      View Details
    • $85,000

      Deeded Parking Spot For Sale

      Southside deeded parking spot near the beach. Never worry about parking!
      9517 Atlantic Ave, Margate, NJ 08402
      View Details
    • $249,900

      Beach Block Studio with Pool

      First-floor studio near the beach with pool and parking.
      9010 Atlantic Ave, Margate, NJ 08402
      View Details

    FAQs

    What type of property is this?
    Duplex - Coastal duplex in Margate, steps from the beach, with expansion potential.
    Where is this duplex located?
    The property is located at 9406 Pacific Ave Margate, NJ.
    What is the asking price?
    The asking price for this property is $1,399,000.
    What are key features of this property?
    This property features: - Steps to the beach in Margate's prime beach district.; - Duplex configuration ideal for rental income, multi-generational living, or personal use.; - Expansion potential: 50x57 lot suitable for new construction with enhanced ocean views.
    (609) 300-3023
    Request Owner's contact information
    9406 Pacific Ave Margate, NJ 08402
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9406 Pacific Ave
    Margate, NJ 08402
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9406 Pacific Ave Margate, NJ 08402
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Julie Cicali
    (609) 300-3023
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.