Compare Today’s Mortgage Rates in Margate City, New Jersey 08402

Local Mortgage Rates in Margate City, New Jersey 08402

Margate City is a city situated on the Jersey Shore on Absecon Island, within Atlantic County, in the U.S. state of New Jersey, on the Atlantic Ocean shoreline. Read more

Margate City is a city situated on the Jersey Shore on Absecon Island, within Atlantic County, in the U.S. state of New Jersey, on the Atlantic Ocean shoreline. As of the 2020 United States census, the city's population was 5,317, a decrease of 1,037 from the 2010 census count of 6,354, which in turn had reflected a decline of 1,839 from the 8,193 counted in the 2000 census. Geographically, the city, and all of Atlantic County, is part of the South Jersey region of the state and of the Atlantic City-Hammonton metropolitan statistical area, which in turn is included in the Philadelphia-Reading-Camden combined statistical area and the Delaware Valley.Margate City was originally incorporated as the borough of South Atlantic City by an act of the New Jersey Legislature on September 7, 1885, from portions of Egg Harbor Township, based on the results of a referendum held on August 1, 1885. South Atlantic City was reincorporated as a city on April 23, 1897, and then reincorporated with the name Margate City on April 20, 1909. The city was named for Margate in Kent, England.The city is located on Absecon Island, which stretches for 8.1 miles and is also home of Atlantic City and Ventnor City to the northeast, and Longport on the southwest. The city stretches about eight blocks from the Atlantic Ocean to the bay at most points in town. Margate is a popular Jersey Shore destination, especially during the summer, and is the home of Lucy the Elephant, a 65-foot wooden elephant, and of Marven Gardens, of Monopoly board game fame. Read less