$1,800,000

9315 Ventnor Ave Margate City, NJ 08402

Estimated payment $10,428/month

Total Views 34,108
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Home Security System
  • Laundry Room
  • Forced Air Zoned Heating and Cooling System
  • William H. Ross III Intermediate School Rated A-
  • Tankless Water Heater
  • Ceiling Fan

About This Home

Prime Investment Opportunity in the Heart of Margate! Don't miss this exceptional mixed-use investment located in Margate’s thriving commercial business district. Boasting maximum visibility and steady foot traffic, this property is ideally situated within walking distance to the Marina District, beach, and shopping—a highly sought-after location for both commercial and residential tenants. Property Highlights: Fully leased 1,000 sq ft retail space on the ground level with an inviting outdoor paver patio and stone/grass area. Spacious 2-bedroom, 2-bathroom condo on the second & third floor. Features an open floor plan, large outdoor decks, and ample natural light. Built in 2014 with a flood proofing certificate, resulting in low-cost flood insurance. Real estate only for sale (business not included). This is a rare opportunity to own a turnkey, income-generating property in one of Margate’s most walkable and desirable neighborhoods. Whether you're looking to expand your investment portfolio or occupy one of the units, this property offers flexibility, stability, and long-term value.

Listing Agent

Lauren Nicole Fitzpatrick

MARCHESE REAL ESTATE, LLC Listed on: 05/16/2025

MARCHESE REAL ESTATE, LLC

Co-Listing Agent

Emily Marchese

MARCHESE REAL ESTATE, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,440

Year Built

  • Built in 2014

Lot Details

  • Lot Dimensions are 25 x 95

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Dining Area
  • Crawl Space
  • Home Security System
  • Laundry Room

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Cooling System Powered By Gas
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,440

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Security System
  • Lvt Date: 05/16/2025
  • Year Built: 2014
  • Age: 11 To 15 Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Other Rooms: Dining Area, Laundry/Utility Rm

Exterior Features

  • Outside Features: Curbs, Sidewalks
  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Gas, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Tankless-Electric

Lot Info

  • Lot Dimensions: 25 x 95

Multi Family

  • Number Of Units: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,440 $435,600 $230,300 $205,300
2024 $7,440 $435,600 $230,300 $205,300
2023 $6,874 $435,600 $230,300 $205,300
2022 $6,874 $435,600 $230,300 $205,300
2021 $6,778 $435,600 $230,300 $205,300
2020 $6,743 $435,600 $230,300 $205,300
2019 $6,717 $435,600 $230,300 $205,300
2018 $6,808 $435,600 $230,300 $205,300
2017 $6,817 $435,600 $230,300 $205,300
2016 $6,586 $435,600 $230,300 $205,300
2015 $6,482 $403,200 $230,300 $172,900
2014 $4,367 $299,100 $230,300 $68,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2025 05/16/25 For Sale $1,800,000 -- --
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Shore Title
Deed $245,000 Shore Title
Bargain Sale Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer $10,000 None Available
Deed -- --
Bargain Sale Deed $295,000 Fidelity National
Deed $228,000 --
Bargain Sale Deed $228,000 --
Deed $180,000 --
Deed $180,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $362,415 Credit Line Revolving
Closed $436,000 Construction
Previous Owner $100,000 Commercial
Previous Owner $328,300 Commercial
Previous Owner $280,250 Commercial
Previous Owner $205,200 Commercial
Previous Owner $170,000 Construction
Source: Public Records

About the Listing Agent

Lauren Nicole Fitzpatrick

MARCHESE REAL ESTATE, LLC

(609) 359-0432

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Lauren is a true native of Ocean City and has never left the South Jersey Shore because she truly believes that the Jersey Shore is the best kept secret in the World! After a career in the restaurants, Lauren stumbled upon working in the real estate business 7 years ago and has been hooked since. Lauren has successfully been involved in over 1500 properties sold. The Marchese Team would be lost without Lauren, she is the glue that is the BEST and #1 real estate agents are known for.

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Source: South Jersey Shore Regional MLS

MLS Number: 596311

South Jersey Shore Regional MLS

APN: 16-00227-0000-00090