How Long Should You Live In Your 🏡
Before You Sell It?
MLS® ID: 522974

117 N Newark Ave

Ventnor, New Jersey, 08406

$315,000 Active
  • - SQFT
Two-story duplex only 3.5 blocks from the beach and close to the Margate-Ventnor border. This property offers a lot of space with two 2-bedroom units and includes a long driveway with parking for 3 cars and a rear yard and shed. The second floor apartment has a bonus room in addition to the 2 bedrooms, a full bath, a full attic, kitchen area and a stackable washer and dryer inside the unit. The first floor apartment also has 2 bedrooms, an open kitchen, and a laundry room area with its own stackable washer and dryer. The sun fills these units all day long! The duplex has separate utilities, separate heater and hot water for first and second floors. The water and sewer are shared. Both top and bottom floors have front and back access. This is a great opportunity to live close to the beach and utilize the entire property for your family, or occupy one apartment and rent the other floor out, or rent out both as a fully occupied income property! Currently both units have yearly leases in place through July 31, 2019 for $1185 for the second floor and $1185 for the first floor. The first floor will be vacant as of July 31, 2019 so new owner can enjoy for rest of the summer or seasonal rent it for the month of August and then rent it out again to a winter tenant or annual tenant after the summer!
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Amenities

  • Property type
    Duplex
  • Zip
    08406
  • Area
    Ventnor City
  • Lot size
    40.75X62.5
  • Year built
    1963
  • Heating
    Gas-Natural
  • Sewer
    Public Sewer
  • Purchase Type
    Active

Location

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