Median home value in zip code 08402 (Margate City, NJ) is $1,089,106, up 8.2% year over year. Part of the Atlantic City-Hammonton, NJ metropolitan area.

Home Value$1,089,106

YoY Change

+8.2%

Prices rising — worse for buyers.

Affordability

Enter your income for 08402 (Margate City).

Income (annual)

Down Payment

$217,821 on $1,089,106

Example: $75,000 household income. Change it above to see your own.

Out of reach125.9% of income

Need $337,114/yr to afford.

PITI$7,866

P/I125.9%

Afford$242K

Gap-$847K

P&I $5,507Tax $2,242Ins $117

6.50% 30yr, 20% down, county tax + NJ ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

08402 is part of the Atlantic City-Hammonton, NJ metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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