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$ 1,250,000
Est. payment /mo
Open 7/10 4PM-6PM
11 N Weymouth Ave Ventnor, NJ 08406
2 Beds
3 Baths
1,856 SqFt
Open House
Fri Jul 10, 4:00pm - 6:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,856 sqft
Price per Sqft $673
MLS Listing ID 607521
Bedrooms 2
Full Baths 3
Year Built 1920
Annual Tax Amount $8,447
Tax Year 2025
Lot Size 1,856 Sqft
Property Sub-Type Duplex
Property Description
Positioned just one block 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 separate units, blending short-term and long-term rental strategies for year-round performance. The two-bedroom, one-bath unit produces stable monthly income of approximately $2,000, while the larger four-bedroom, two-bath unit commands $430–$450 per night in season, with peak rates reaching up to $1,000 per night during high-demand holidays. Off-season monthly rentals between $2,500–$3,000 help maintain consistent cash flow beyond the summer months. 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, while also providing 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 further increase rental income and overall asset value. 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 Area, Dining Room, Florida Room, Kitchen, Laundry/Utility Rm, Library/Study, Living Room
Basement Crawl Space
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl
Parking Features One Car
Building
Sewer Public Sewer
Water Public
Others
Senior Community No
Listed by RE/MAX COASTAL
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