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George Cash

George Cash 609-231-3586 609-399-0076x128

3160 Asbury Avenue, Ocean City

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For Sale 206 Madison Ave, Margate, NJ, 08402

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206 Madison Ave, Margate, NJ, 08402 Main Picture

206 Madison Ave, Margate, NJ, 08402

$1,249,000

George Cash
  • Buyer Agent Compensation: N/A
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  • Single Family

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Great Opportunity in Margate, NJ! Enjoy two properties for the price of one or rebuild to your own liking in a sensational area in Margate, NJ. It doesn\'t get any better than this at the shore with 3100 sq ft of livable space just 100 yards from gleaming bay views and steps from local 5-star restaurants. Only a few blocks to the beach, one block to Longport, and a short drive to Ocean City, Somers Point, and Atlantic City’s magic and nightlife. The front building features a welcoming porch, a cozy living room with fireplace, a small dining area, and an updated kitchen with a deck for outdoor enjoyment. Upstairs offers a spacious bedroom with a master bath and a loft with a trundle bed. The back building includes 3 bedrooms (possible 4th), 1.5 baths, and is tenant-occupied at $1,700/month, providing instant income. The lot size is ideal for investors looking to rebuild and create their Margate dream home in a prime location near the bay and beach. Come look then make the investment.

Listing courtesy of: RE/MAX PREFERRED - Sewell
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms 7
Full Bath 1
# of Stories
Year Build
Lot Size Less than One Acre
Tax 9547.00
SQFT
ExteriorVinyl
ParkingGarageNone
HeatingElectric
SewerPublic Sewer
Bedrooms 3
Half Bath 1
# of Stories
Lot Dimensions
# Units
Tax Year 2024
Area Margate City
OutsideFeaturesDeck
OtherRoomsLoft
WaterPublic
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