Home For Sale In Ventnor, New Jersey

house for sale

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Listed: 05/13/24

168 North Portland Avenue, Ventnor City, NJ 08406, USA

11 Bed:

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Price

$ 1,6M

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About This House

2 Property Package Consists of (2) Multi-Unit and Mixed Use properties with long history of income generation and tons of upside potential for its new owner. Both properties were leased to, and utilized by a short term rental company for last few years. Current owner decided to lease out both buildings with long term tenancies due to their unwillingness to spend the time on the short term rental business model. Currently grossing 120k+ annual as follows: 126 N.Portland (Bl#169 L#51.01) is a duplex property Unit A is a 1BR + Bonus Den and pays$1, 750 + $100 in water, Unit B is a bi-level 2BR and pays$2, 100 + $100 in water. Laundry center located on street level basement, (opportunity … Full description

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Houses for sale in Ventnor City

Original listing

Ventnor City Housing & Living

Household Income

Median household income: $52,799

Number of households: 4,403

The average household income in Ventnor City, NJ grew from $49,548 to $52,799 in the past year. This data is an estimate based upon 4,403 households in Ventnor City, NJ.
The chart below presents how household income is distributed in Ventnor City, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Ventnor City, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Ventnor City, NJ equals $3k+ , which is more than the national average.