Atlantic Ave / S Cedar Grove Ave median real estate price is $334,684, which is more expensive than 55.5% of the neighborhoods in New Jersey and 75.8% of the neighborhoods in the U.S.
The average rental price in Atlantic Ave / S Cedar Grove Ave is currently $1,283, based on NeighborhoodScout's exclusive analysis. Rents here are currently lower in price than 73.4% of New Jersey neighborhoods.
Atlantic Ave / S Cedar Grove Ave is an urban neighborhood (based on population density) located in Margate City, New Jersey. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Atlantic Ave / S Cedar Grove Ave real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and small apartment buildings. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Atlantic Ave / S Cedar Grove Ave neighborhood are older, well-established, built between 1940 and 1969. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Atlantic Ave / S Cedar Grove Ave. The current real estate vacancy rate here is 64.6%. This is higher than the rate of vacancies in 99.5% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (57.0%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.