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9211 Monmouth Avenue,  Margate City NJ, 08402

(Active)
$3,349,000
|
16,375 sqft
|
MLS# NJAC2010864
Last Updated: 5/21/2024 4:02 AM
Description for 9211 Monmouth Avenue Margate City, NJ 08402
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!
Price
$3,349,000
ATLANTIC
16,375 (approx)
NJAC2010864
Active
Description
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!
Listing Information
Property Type: Business Opportunities, Other
0.38 Acres 16,375 (approx) 1955
Stucco
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Ceiling Fan(s)
Electric Heating, Forced Air
Accessible Entrance
Exterior / Lot Features
6 Parking Spaces,
Stucco
131.00 x 125.00
Driving Directions
Corner of Washington & Monmouth
Financial Considerations
16-00426-00021
$11,858
Listing Price History

Margate City Real Estate

Margate City is located in New Jersey. Margate City, New Jersey 08402 has a population of 7,411.

The median household income for the surrounding county is $64,989 compared to the national median of $66,222. The median age of people living in Margate City 08402 is 42 years.

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Courtesy: Farley & Ferry Realty Inc
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/21/2024 4:02 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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