Margate new home construction up approx 25%, year over year. that’s according to Margate’s zoning and construction officers. Home upgrades are also on a tear throughout the entire Downbeach area.
How hot is the Margate housing market?
- 2021 Demolition Permits: 71 (up from 60 permits in 2020)
- 2021 New Construction Permits: 89
Listen to Margate Zoning, Planning and Construction officials from Jan. 6, 2022.
Margate New Home Construction.
Latest offering from Ocean Properties LLC.
Listing courtesy of Argus Real Estate.
218 N BELMONT DR
MARGATE, NJ 08402
$1,599,000 5 Bedrooms: 4.5 Baths.
- Elevator, Gunite pool, paver patio.
- Covered veranda and 3 large decks.
- 5 bedrooms, 4 1/2 baths.
- Approx 2900+ sq. ft. of living space.
- Open concept main floor living area
- High ceilings and large windows.
- Beautiful kitchen layout, upgraded appliances
- Quartz countertops.
The perfect home for summer vacations or year-round living situated on a quiet, wide street with plenty of parking.
Walking distance to the beach, restaurants, and shopping.
Builders will work with buyer to personalize finishes if purchased before completion.
Here’s another offering from Ocean Properties LLC. Listing courtesy of Argus Real Estate.
Beautiful, new condo construction in Ventnor. 1.5 blocks to the beach and boardwalk.
Unique 3 bedroom, 2 bath property.
8 S MELBOURNE AVE #A
VENTNOR, NJ 08406
- High ceilings, open concept floor plan
- Fabulous kitchen with quartz counter tops
- Large deck off main living area
$899,000
WOW! With all the money rolling in why are Margate taxpayers still paying to sit on the beach? Free beach tags for Margate homeowners!
You’re only looking at one factor in isolation (new homes) and ignoring the dramatically risking costs of everything else affecting Margate budgets. And they haven’t increased taxes as a result of those rising costs… yet. Adult badges are $15, or 1/2 price ordered early, and less for seniors. Silly comparison.
When we bought our house in 1985, we didn’t pay a dime to sit on the beach and property taxes were relatively as high as they are now. For the first time in years, taxes decreased a few dollars last year. Perhaps permit fees and the like would cover the cost of homeowner beach tags. (I think beach tags brought in $300,000?) Please don’t suggest that Margate can’t cover the cost as they used to (when they were “poor”). Like all governments, “If it moves, tax it.” Free beach tags for Margate taxpayers!
You bought your home 37 years ago, how is that relevant to today? And tags are $10 for adults if purchased early, $3.50 for senior, and free for vets or active duty military. Isn’t there something else for you to whine about? Costs are dramatically rising for everything Margate City budgets, and you seem to ignore that fact.