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

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

Multi-Family, MARGATE CITY, NJ

Property Size2,030 SF
Lot Size0.06 Acres
Price / SF$738.92
Days on Market4

Property Features for 5-7 S DECATUR Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Parking features Off Street
Elementary school WILLIAM H ROSS III INT SC
Middle school EUGENE A TIGHE
Elementary school district MARGATE CITY SCHOOLS
Middle school district MARGATE CITY SCHOOLS
High school district MARGATE CITY SCHOOLS
Standard status Active
Size 2,030 SF
Lot size 0.06 Acres

Taxes and HOA fees

Tax Annual Amount 7116

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1965
Number of units 2
Building materials Frame
Architectural style Other
Listing Agency: Real Broker, LLC
Listed By: Julie Cicali · License #2079075
Added: Sep 17 Changed: Sep 19 Last Checked: Sep 20 at 8:06PM
MLS# NJAC2026732

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

Investment Insights

Based on property information with market context.

Located at 5-7 S. Decatur Avenue in Margate City, this 2,030-square-foot duplex contains two residential units within a frame-built structure completed in 1965. The first-floor residence has 2 bedrooms and 2 bathrooms, while the second-floor residence includes 2 bedrooms and 1.5 bathrooms. Forced-air heat and central air serve the property, and off-street parking is provided.

The Southside setting places the property a few short blocks from the beach, with dining, coffee, shopping, and other Margate destinations within walking distance. The property is offered strictly as-is, giving the next owner the option to retain the duplex configuration or pursue a conversion to a single-family home, subject to applicable requirements.

Key Highlights

  • Two‑unit duplex totaling 2,030 square feet
  • First‑floor unit with 2 bedrooms and 2 bathrooms
  • Second‑floor unit with 2 bedrooms and 1.5 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.

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The two-level layout offers a two-bedroom residence on each floor, central air, and off-street parking.
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: Two‑unit duplex totaling 2,030 square feet; First‑floor unit with 2 bedrooms and 2 bathrooms; Second‑floor unit with 2 bedrooms and 1.5 bathrooms
More about this property
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