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12 S Decatur Ave Unit A, Margate City, NJ, 08402

2beds
1baths
800sqft
$540,000
$675price/sqft
$3,874/moest. monthly cost
$154,960/yrincome needed

About This Home

Enjoy the best of Margate from this first-floor 2-bedroom, 1-bathroom condo just steps from the beach. Located in a well-maintained four-unit building, this property features gas baseboard heat, a newer hot water heater, front and rear entrances, a utility room with a full-size washer and dryer, one assigned parking space, and a private storage shed. And it has more than ample closet space! Conveniently located near Lucy the Elephant, the Greenhouse, shopping, dining, and all that Margate has to offer. Ideal as a year-round residence, weekend getaway, or investment property!

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

Construction

Materials

  • Construction materials: Vinyl

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dryer,Gas Stove,Microwave,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Window features: Blinds

Heating & Cooling

  • Heating features: Baseboard,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 800
  • Total interior livable area: 800 sqft

Property

Details

  • Parcel number: 96.1

Features

  • Levels: One
  • Stories: 2

Parking

  • Total spaces: 1
  • Parking features: Assigned,None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Hurricane
    HurricaneModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Inland Flooding
Strong Wind
Hurricane
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,730$32,760
Home Insurance *$114$1,368
Property Taxes $837$10,044
Electricity $193$2,318
Total$3,874$46,488
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$132,822/yr
40% on housing$116,220/yr
45% on housing$103,306/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.6%
-2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$675This listing

vs Other Active Listings

Avg $/sqft

ZIP 08402$702
Atlantic County$264

vs Homes Sold Last Month

Median $/sqft

ZIP 08402$782
Atlantic County$228

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-12Pending sale$540,000
2026-07-15Listed for sale$540,000

For Sale by Agent

AgentWILLIAM FRIEDMAN
BrokerageKeller Williams Realty Jersey Shore - Ocean City

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