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9211 Monmouth

Margate, NJ 08402
  • $3,349,000
  • STATUS: Active
  • ON SITE: 374 Days
  • MLS #: 573902
$3,349,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Ratings & Info

Description

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!

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© 2024 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-05-19T23:50:11.5.
www.oceancitynewjerseyhomes.com/homes/139468598
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9211 Monmouth Margate, NJ 08402

  • Price: $3,349,000
  • Status: Active
  • On Site: 374 Days
  • MLS #: 573902
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1955
Built
Neighborhood:
Margate City
County:
Atlantic
Area:
Margate City
Property Description
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!
Exterior Features

Driveway Blacktop Garage None Lot Dimensions 131 X 125 Parking Three or More Cars Waterfront YN No

Interior Features

Heating Electric

Property Features

Adult Community /55+ No Approved Short Sale No Auction YN No Bank Owned Foreclosure No Lot Number 21 May Be Subject To Third Party Approval Short Sale No Multifamily Type 11 - 20 Units Number Of Efficiency Units 1 Number Of1 Bedroom Units 10 Sale Or Rent For Sale Sewer Public Sewer Tax Year 2022 Taxes 11341 Water Public

South Jersey Shore Regional MLS logo Listing information © 2024 South Jersey Shore Regional MLS.
Listing provided courtesy of FARLEY and FERRY REALTY, INC: .


© 2024 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-05-19T23:50:11.5.
 
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