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Two-Unit Duplex with Off-Street Parking
New
For Sale
$1,499,999

5-7 S Decatur Avenue, Margate City, NJ 08402

Two residential units offer separate layouts and off-street parking near the beach.

Property Size2,030 SF
Price / SF$738.92
Days on Market5

Property Features for 5-7 S Decatur Avenue

General Information

Standard status Active
Size 2,030 SF
Property subtype Multi-family

Units

Unit Mix 1 x 2BR/2BA, 1 x 2BR/1.5BA
Multifamily Units 2

Amenities

off-street parking

Building Details

Year Built 1965
Buildings 1
Stories 2
Listing Agency: Real Broker,LLC
Listed By: Julie Cicali
Source: Actionplusrealty
Added: Sep 16 Changed: Sep 20 Last Checked: Sep 20 at 8:48AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker,LLC

Investment Insights

Based on property information with market context.

This 2,030-square-foot duplex, built in 1965, contains two separate residential units with a combined configuration of 4 bedrooms and 3.5 bathrooms. The first-floor residence includes 2 bedrooms and 2 bathrooms, while the upper-level unit provides 2 bedrooms and 1.5 bathrooms. Off-street parking is included, and the property is offered in as-is condition.

Located at 5-7 S. Decatur Avenue in Margate City, the property is a few short blocks from the beach and within walking distance of dining, coffee, shopping, and other Margate destinations. The existing layout supports occupancy of one unit while generating income from the other. The property may also be updated as a duplex or reconfigured into a single-family home, subject to applicable requirements.

Key Highlights

  • 2,030‑square‑foot duplex at 5‑7 S. Decatur Avenue
  • Two units with a combined 4 bedrooms and 3.5 bathrooms
  • First‑floor unit has 2BR/2BA configuration

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Repair Shop Parking Lot & Garage Furniture & Home Goods Garden Center Carpet & Flooring Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

503
Businesses Nearby

Demographics for 08402, NJ

5,291
Population
6,940
Households
0.8
Avg Household Size
59
Median Age
60%
College-Educated
97%
High-School Grad
1.4 sq mi
ZIP Area
3,779
Density / Sq Mi
$114,417
Median Household Income
$73,269
Median Earnings
$1,368
Median Rent
$645,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer separate layouts and off-street parking near the beach.
Where is this duplex located?
The property is located at 5-7 S Decatur Avenue Margate City, NJ.
What is the asking price?
The asking price for this property is $1,499,999.
What are key features of this property?
This property features: 2,030‑square‑foot duplex at 5‑7 S. Decatur Avenue; Two units with a combined 4 bedrooms and 3.5 bathrooms; First‑floor unit has 2BR/2BA configuration
More about this property
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