Area data
Margate city, NJ — ZIP 08402
Population: 5,234 (Census ACS)
The median home value in ZIP 08402 (Margate city, NJ) is $1.14M — up 10.4% over the past year. Homes sell for a median $979,500 after a median 84.5 days on market. Typical rent runs $3,051/month. 2 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively Moderate, with coastalflooding, strongwind, winterweather the top-rated hazards. Cost of living is 12.5% above the US average (BEA, metro/state-level).
$1.14M
Median home value
+10.4%
1-year change
84.5
Median days on market
Relatively Moderate
Hazard risk (county)
Home values & appreciation
- Median home value
- $1.14M
- 1-year appreciation
- +10.4%
- 3-year appreciation
- +28.1%
- 5-year appreciation
- +68.1%
- 10-year appreciation
- +135.0%
- All-time peak (2026-07)
- $1.14M
- House Price Index (state)
- 430.8 (+5.2% YoY)
Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)
Market activity
- Median sale price
- $979,500
- Median list price
- $1.15M
- Median price per sqft
- $605
- 1-year sale-price change
- -18.4%
- Median days on market
- 84.5 days
- Homes sold (recent period)
- 36
- For-sale inventory
- 77
- Sale-to-list ratio
- 93.9%
- Active listings
- 105
- 1-year forecast
- +5.0%
- New listings (monthly)
- 17
Source: recent area sales and market data (ZIP-level)
Rents
- Typical rent
- $3,051/mo
- 1-year rent change
- +28.0%
- Studio fair-market rent
- $1,385/mo
- 1BR fair-market rent
- $1,731/mo
- 2BR fair-market rent
- $2,099/mo
- 3BR fair-market rent
- $2,729/mo
- 4BR fair-market rent
- $3,149/mo
Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)
Affordability
- Cost of living index (High)
- 112.5 (100 = US avg)
- Electricity rate (state-level)
- 22.6¢/kWh
- Natural gas rate (state-level)
- $14.20/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)
Schools
- Total schools
- 2
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 0
- Schools include
- Eugene A. Tighe Middle School, William H. Ross III School
Source: NCES school directory, 2022-23 (school-address-based)
Natural hazards & flood risk
- Overall hazard risk (county)
- Relatively Moderate
- Top hazards (county)
- coastalFlooding, strongWind, winterWeather, hurricane, lightning
- Notable hazard ratings (county)
- coastalFlooding: Very High · coldWave: Relatively Moderate · drought: Relatively Moderate · earthquake: Relatively Low · hail: Relatively Low · heatWave: Relatively Moderate
- FEMA flood zone
- AE
- Flood risk level
- High
- Wildfire risk to homes (county)
- Higher than 83% of US counties
- Buildings in wildfire direct-exposure zone
- 35.5%
- Radon potential (county)
- Low radon potential — EPA Zone 3 of 3
- EPA Superfund (NPL) sites within 5 mi
- None
- Nearest Superfund site
- Price Landfill (6.3 mi)
Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL
Climate (30-year normals)
- Average annual temperature
- 57.0°F
- Average high
- 65.0°F
- Average low
- 50.0°F
- USDA plant hardiness zone
- 7b (extreme annual low 5 to 10°F)
Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)
Air quality
- Air quality rating
- Good
- Median AQI (annual)
- 38
- Days with Good air quality
- 270
- Days with Moderate air quality
- 90
- Days with Unhealthy air quality
- 1
- Highest AQI recorded (year)
- 265
Source: EPA air quality data (nearest monitoring station, annual)
Walkability & transit
- Walkability index
- 18.3 / 20
- Transit service frequency
- 260
- Jobs reachable by car (30 min)
- 21,715
- Jobs reachable by transit (45 min)
- 21,433
Source: EPA Smart Location Database (metropolitan block groups)
Amenities
- National parks within ~60 mi
- 7
- Nearest national park
- Great Egg Harbor River (8 mi)
- National parks include
- Great Egg Harbor River, New Jersey Pinelands National Reserve, Gloria Dei Church National Historic Site
- Airports within 30 mi
- 13
- Nearest airport
- Dix Field (7 mi)
- Nearest major airport
- Atlantic City International Airport (ACY) (10 mi)
- Hospitals nearby (~15 mi)
- 3
- Hospitals include
- CAPE REGIONAL MEDICAL CENTER INC, SHORE MEDICAL CENTER, ATLANTICARE REGIONAL MEDICAL CENTER - CITY CAMPUS
- Avg hospital rating (CMS)
- 3.3 / 5
- Best hospital rating nearby (CMS)
- 4.0 / 5
- Solar radiation rating
- Fair (4.2 kWh/m²/day)
Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)
Migration
- Net migration (county)
- -302 tax filers
Source: IRS county-to-county migration data (county-level, ~12-month lag)
Housing stock
- Median year housing built
- 1,970
- Housing built before 1970
- 50.3%
- Housing built 2000 or later
- 22.3%
- Median annual property tax
- $7,231
- Mean commute to work
- 22 min
- Households with broadband internet
- 84.7%
Source: Census ACS 5-year estimates (ZIP-level)
Employment & development
- Total county employment
- 105,030
- Average weekly wage
- $1,042
- Top industries (by employment)
- Accommodation & Food, Health Care, Construction
- Annual residential building permits (county)
- 295
Sources: BLS QCEW (county-level) · Census Building Permits (county-level)
How it compares
| ZIP 08402 | State median | US median | |
|---|---|---|---|
| Median home value | $1.14M | $577,759 | $289,727 |
| Median sale price | $979,500 | $555,000 | $325,000 |
| Median days on market | 85 days | 42 days | 51 days |
| Typical rent | $3,051/mo | $2,540/mo | $1,808/mo |
| Median annual property tax | $7,231 | $9,504 | $2,006 |
State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.
Area data compiled from public government, academic, and industry research feeds. Data sources →
Common questions
- What is the median home value in ZIP 08402?
- $1.14M.
- What is the median sale price in ZIP 08402?
- $979,500.
- How long do homes take to sell in ZIP 08402?
- Median days on market: 84.5 days.
- What is typical rent in ZIP 08402?
- Typical rent: $3,051/month.
- What is the natural-hazard risk in ZIP 08402?
- Overall risk: Relatively Moderate (FEMA NRI, county-level). Top hazards: coastalFlooding, strongWind, winterWeather, hurricane, lightning.
- Is ZIP 08402 in a flood zone?
- High (FEMA NFIP). FEMA flood zone AE.
- What is the wildfire risk in ZIP 08402?
- Risk to homes is higher than 83% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
- What is the radon potential in ZIP 08402?
- Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
- Are there Superfund sites near ZIP 08402?
- No current or proposed National Priorities List sites within 5 miles (EPA).
- How many schools serve ZIP 08402?
- 2 schools (1 elementary, 1 middle) (NCES, 2022-23).
- Is ZIP 08402 walkable?
- Walkability index: 18.3/20 (EPA Smart Location Database).
- What is the air quality in ZIP 08402?
- Good. Median AQI: 38. (EPA AQI).
- What is the cost of living in ZIP 08402?
- Regional Price Parity: 112.5 (100 = US average) (High) (BEA RPP, metro/state-level).
Nearby ZIP codes
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Data last updated
Most recent source refresh: Sep 2026. See all data sources →