11 N Weymouth Ave, Ventnor, NJ 08406
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11 N Weymouth Ave, Ventnor, NJ 08406
11 N Weymouth Ave, Ventnor, NJ 08406
11 N Weymouth Ave, Ventnor, NJ 08406
11 N Weymouth Ave, Ventnor, NJ 08406
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Wayne Phipps

Wayne Phipps

+1(609) 707-6475
$ 1,250,000
Est. payment /mo
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Open Fri 4PM-6PM

11 N Weymouth Ave Ventnor, NJ 08406

6 Beds

3 Baths

1,856 SqFt

Open House

Fri Jul 10, 4:00pm - 6:00pm

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,856 sqft

Price per Sqft $673

MLS Listing ID 607520

Style 2 Story

Bedrooms 6

Full Baths 3

Year Built 1920

Annual Tax Amount $8,447

Tax Year 2025

Lot Size 1,856 Sqft

Property Sub-Type Single Family

Property Description

Positioned just a short stroll from the beach and one block from the bay, this fully furnished duplex in the heart of Ventnor offers a rare combination of immediate cash flow and long-term upside. Located within the city's most active rental corridor, this is a true turnkey asset with an established income stream and professional property management already in place—allowing for a seamless, hands-off transition. The property generates up to $80,000 annually across two units, with additional upside through rent optimization. The two-bedroom, one-bath unit is currently rented below market, presenting an immediate opportunity to increase rents to approximately $2,000/month with minimal improvements. The larger four-bedroom, two-bath unit delivers strong short-term rental performance, with in-season rates averaging $430–$450 per night and peak holiday pricing reaching up to $1,000 per night. Off-season monthly rentals of the upper unit are between $2,500–$3,000 provide consistent year-round cash flow. With one unit under market and the other already performing, this asset offers a balanced mix of stability and value-add potential—allowing investors to step into an income-producing property while still having room to significantly increase overall returns. The home has been fully updated and is delivered furnished, eliminating upfront capital expenditures and allowing for immediate revenue capture. Interior improvements include renovated bathrooms, updated kitchen finishes with stainless steel appliances, and in-unit laundry—features that support both premium rental rates and strong occupancy. Outdoor amenities further enhance rental appeal, including multiple decks and a private outdoor shower—key features for shore tenants. A significant competitive advantage in this market is the inclusion of both a private driveway and a detached garage, a rare find in Ventnor that directly impacts rental desirability and pricing power. The location supports strong and consistent demand, with walkable access to Dorset Avenue, local retail, dining, and essential amenities, and convenient connectivity to major regional routes, including the Garden State Parkway and Atlantic City Expressway. Beyond current performance, the property offers clear value-add potential. Options include condo conversion, expansion with a possible third story, or reconfiguration to increase rental income and overall asset value further. With limited inventory in this submarket—especially properties offering parking and scale—this asset is well-positioned for both appreciation and income growth. This is a stabilized, income-producing coastal investment with operational infrastructure already in place and multiple avenues for future upside.

Location

State NJ

County Atlantic

Community Ventnor

Area Ventnor City

Location Details See Remarks

Rooms

Other Rooms Den/TV Room, Dining Room, Florida Room, Laundry/Utility Room, Library/Study, Pantry

Basement Crawl Space

Interior

Interior Features Bar, Carbon Monoxide Detector, Security System, Storage, Skylight(s), Smoke/Fire Alarm

Heating Forced Air

Flooring Tile, Vinyl

Exterior

Exterior Feature Vinyl

Parking Features One Car

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

South Jersey Shore Regional MLS (SJSRMLS)
Listed by RE/MAX COASTAL

NEARBY SCHOOLS & PROPERTIES

Wayne Phipps

Wayne Phipps

Agent | License ID: 0901294

+1(609) 707-6475

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