Active
9211 Monmouth Ave
Margate City NJ, 08402
$3,349,000
$204.52 per sqft
Active
16,375 sqft
Commercial
Built in 1955
Margate Investment and or Development Project!! Currently an Apartment complex consisting of 11 residential units fully occupied. 10 one bedroom units and one efficiency. Laundry room on site and all units include a balcony and or porch. Electric heat paid by tenancy. Lease information available in associated documents. The complex sits on a lot 131 X125 close to bay and popular fine dining. Margate zoning officials have confirmed from a development perspective in WSD zone the permitted property developed allows for 7 townhomes with commercial below approximately 2000 square ft or possibly 5 single family homes @3200 square ft each. Use variance may be required for either. We recommend buyer reviews their plan with zoning. The location welcomes new construction and is an awe-inspiring opportunity in an extremely sought after location and trending neighborhood. Manifest your design strategy in Margate!
NJAC2010864
MLSⓇ ID
May 9, 2024
Updated
Map
9211 Monmouth Ave
Margate City NJ, 08402
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s)
Heating
Yes
Heating Description
Forced Air, Electric
Exterior/Building Features
Lot Size
0.38 Acres
Sewer
Public Sewer
Other Property Details
Area Name
MARGATE CITY
Taxes
$11,858
Tax Frequency
Annually
Days on Market
91
Garage
No
Parking Total
6
View
No
County
ATLANTIC
Water Source
Public
Pool
No
Buyer Agency Compensation
3%
Listing History
Date | Event | Price |
|---|---|---|
4/3/2024 | Price Change | $3,349,000 -2% |
Listed by Mary Louise Ferry, with Farley & Ferry Realty Inc
Listing Contact: 6098221836
The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 5/9/2024 at 4:45 AM UTC
