Margate City property tax, in one number.
The typical Margate City homeowner pays $7,231 a year on a $708,800 home. That's well below the Atlantic County rate (2.30%) and above the U.S. rate (0.94%).
Estimate my taxMargate City at a glance
Five numbers that shape a typical property tax bill here.
Property tax calculator
Enter a home value to see a typical yearly bill at Margate City's average effective rate, or pick another area.
- Mortgage holders pay more.Homes with a mortgage paid a median $7,779, versus $6,657 for homes owned outright, often because they're newer, higher-value or more recently reassessed.
- Share of income.The median bill equals about 5.9% of the median household income of $121,800.
The data, charted
Effective rate compared
Owners vs renters
Cities in Atlantic County
Margate City compared
| Area | Median tax | Home value | Rate |
|---|---|---|---|
| Margate City | $7,231 | $708,800 | 1.02% |
| Atlantic County | $6,776 | $295,000 | 2.30% |
| New Jersey | $9,590 | $454,400 | 2.11% |
| United States | $3,119 | $332,700 | 0.94% |
Other cities in Atlantic County
Effective property tax rates nearby.
Nearby
- Atlantic County2.30% · $6,776
- Pleasantville3.08% · $5,984
- Atlantic City2.61% · $5,408
- Northfield2.54% · $8,022
- Linwood2.53%+ · $10,000+
- Absecon2.37% · $6,799
- Somers Point2.22% · $6,862
- Smithville2.14% · $5,983
- Hammonton1.92% · $6,731
- Ventnor City1.87% · $6,775
- Brigantine1.18% · $6,187
- Camden County2.83% · $8,134
- Gloucester County2.60% · $8,055
- Cumberland County2.28% · $5,052
- Burlington County2.26% · $7,983
- Ocean County1.65% · $6,562
- Cape May County1.22% · $5,306
Good to know
What is the property tax rate in Margate City?
The effective rate is about 1.02%. The median homeowner pays $7,231 a year on a home worth a median $708,800 (ACS 2020–2024). The legal tax rates set by each taxing unit are different numbers; the effective rate is what owners actually pay as a share of value.
How much is property tax on a $700,000 home in Margate City?
About $7,140 a year, or roughly $595 a month, at Margate City's average effective rate of 1.02%. Homestead, senior, veteran or other exemptions can lower the real bill, and a recent purchase or reassessment can raise it.
Why is my bill different from this estimate?
Your bill depends on your home's assessed value from the municipal tax assessor, the exact taxing units where you live (county, city, school district, special districts) and any exemptions you get. These figures are medians across all owner-occupied homes, not a bill for any address.
How current is this data?
It comes from the U.S. Census Bureau's American Community Survey 5-year estimates for 2020–2024, the latest release. Homeowners report the taxes they paid, so the numbers lag current bills by one to two years. We update the site when the Census Bureau publishes new estimates each December.
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