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

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

Separate upper- and lower-level residences offer rental income potential or the option to occupy one unit.

Property Size2,030 SF
Price / SF$738.92
Days on Market15

Property Features for 5 5-7 S Decatur Ave

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

Building Details

Year Built 1965
Listing Agency: Real Broker, LLC
Listed By: Julie Cicali · License #2079075
Source: Soldbypattie
Added: Sep 29 Changed: Oct 2 Last Checked: Oct 12 at 9:04PM

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 four bedrooms and 3.5 bathrooms across two residences. The first-floor unit has two bedrooms and two bathrooms; the second-floor unit has two bedrooms and 1.5 bathrooms. Off-street parking is available, and the property is being sold as-is.

The property is a few blocks from the beach and within walking distance of dining, coffee shops, and retail in Margate City. The existing duplex configuration provides two distinct living spaces, with one unit available for occupancy while the other generates income.

Key Highlights

  • Two‑unit layout with 2,030 square feet
  • First‑floor residence: 2 bedrooms and 2 bathrooms
  • Second‑floor residence: 2 bedrooms and 1.5 bathrooms

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
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Separate upper- and lower-level residences offer rental income potential or the option to occupy one unit.
Where is this duplex located?
The property is located at 5 5-7 S Decatur Ave 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 layout with 2,030 square feet; First‑floor residence: 2 bedrooms and 2 bathrooms; Second‑floor residence: 2 bedrooms and 1.5 bathrooms
More about this property
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