Incredible opportunity to own a fully renovated, mixed use building in the heart of Margateâ??s fabulous Marina District. The exterior of the building underwent full renovations and transformed into A â??landmark style propertyâ?? and is now totally maintenance free. The commercial space has also been beautifully renovated and is currently occupied by a very successful restaurant. The 2nd floor, large apartment offers 2 gracious bedrooms and 1.5 baths with, a beautifully functioning floor plan and includes access to a an entertaining deck, perfect to catch the ocean breezes and afternoon sun.
Margate is located in New Jersey. Margate, New Jersey has a population of 2,701.
The median household income in Margate, New Jersey is $106,053. The median household income for the surrounding county is $66,473 compared to the national median of $69,021. The median age of people living in Margate is 58.1 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 25.6 degrees. The average rainfall is approximately 42.1 inches per year, with 15.9 inches of snow per year.