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

5-7 S Decatur Ave, Margate, NJ 08402

Two separate residences occupy the first and second floors, with off-street parking available.

Property Size2,030 SF
Price / SF$738.92
Days on Market9

Property Features for 5-7 S Decatur Ave

General Information

Standard status Active
Size 2,030 SF
Property subtype Multi-Family
Listing Agency: REAL - MARGATE
Listed By: Julie Cicali · License #2079075
Source: Southjerseyshorehomesfinder
Added: Sep 28 Last Checked: Oct 6 at 12:02AM

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 - MARGATE

Investment Insights

Based on property information with market context.

This two-unit duplex at 5–7 S. Decatur Avenue contains 2,030 square feet, configured as a four-bedroom, 3.5-bath property. The first-floor residence has two bedrooms and two bathrooms; the second-floor unit has two bedrooms and one-and-a-half bathrooms. Off-street parking is also provided.

The property is a few blocks from the beach and within walking distance of dining, coffee shops, and retail in Margate.

Key Highlights

  • 2,030‑square‑foot duplex
  • Four bedrooms and 3.5 bathrooms across two residences
  • First‑floor unit: 2 bedrooms and 2 bathrooms

Property Analytics

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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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 separate residences occupy the first and second floors, with off-street parking available.
Where is this duplex located?
The property is located at 5-7 S Decatur Ave Margate, 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; Four bedrooms and 3.5 bathrooms across two residences; First‑floor unit: 2 bedrooms and 2 bathrooms
More about this property
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