Margate Investment and or Development Project!! Currently an Apartment complex consisting of 11 residential units. 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 associate 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!
Sold for $3,200,000
$3,200,000
9211 Monmouth Ave, Margate City, NJ 08402
10beds
--baths
--sqft
Multi Family
Built in 1955
-- sqft lot
$3,557,300 Zestimate®
$--/sqft
$1,410 Estimated rent
Home value
$3,557,300
$3.13M - $4.06M
$1,410/mo
Zestimate® history
Owner options
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$1,410/mo
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$1,410/mo
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$18,809/mo
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Est. payment
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Laundry room on site
Zillow last checked:
Listing updated:
Listed by:
MARY LOU FERRY WIMMER,
FARLEY and FERRY REALTY, INC
Bought with:
MARY LOU FERRY WIMMER, 8200288
Source: SJSRMLS,MLS#: 573902
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
Heating
- Electric
Features
- Has basement: No
- Has fireplace: No
Property
Parking
- Total spaces: 3
- Parking features: None
Lot
- Size: 0.38 Acres
- Dimensions: 131 x 125
Details
- Parcel number: 21
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1955
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Margate City
Financial & listing details
- Annual tax amount: $11,341
- Date on market: 5/11/2023
- Date available: 05/11/2023
Price history
| Date | Event | Price |
|---|---|---|
| 4/1/2025 | Sold | $3,200,000-4.4% |
Source:  SJSRMLS #573902 Report a problem | ||
| 6/7/2024 | Pending sale | $3,349,000 |
Source: SJSRMLS #573902 Report a problem | ||
| 4/3/2024 | Price change | $3,349,000-1.5% |
Source: SJSRMLS #573902 Report a problem | ||
| 1/2/2024 | Price change | $3,399,000-2.9% |
Source: SJSRMLS #573902 Report a problem | ||
| 10/16/2023 | Price change | $3,499,000-4.8% |
Source: SJSRMLS #573902 Report a problem | ||
| 9/22/2023 | Price change | $3,675,000-0.7% |
Source: SJSRMLS #573902 Report a problem | ||
| 7/8/2023 | Price change | $3,700,000-3.9% |
Source: SJSRMLS #573902 Report a problem | ||
| 6/28/2023 | Price change | $3,850,000-3.6% |
Source: SJSRMLS #573902 Report a problem | ||
| 5/11/2023 | Listed for sale | $3,995,000 |
Source: SJSRMLS #573902 Report a problem | ||
| 6/30/2020 | Listing removed | $925 |
Source: FARLEY and FERRY REALTY, INC #483961 Report a problem | ||
| 6/18/2020 | Listed for rent | $925 |
Source: FARLEY and FERRY REALTY, INC #483961 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 08402
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Nearby schools
GreatSchools rating
- 8/10William H. Ross III Intermediate SchoolGrades: PK-4Distance: 0.9 mi
- 9/10Eugene A Tighe Middle SchoolGrades: 5-8Distance: 1 mi
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Estimated market value
$3,557,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,557,300
- New Jersey
- Atlantic County
- Margate City
- 08402
- 9211 Monmouth Ave
Nearby cities
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