9211 Monmouth Ave Margate, NJ $ 3,349,000
9211 Monmouth Ave
$ 3,349,000
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9211 Monmouth Ave

Margate, NJ, 08402
$ 3,349,000
Bedrooms10 Baths0.0

Monthly Estimate*

$ 23,394

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Multi-Family Home for sale in Margate, NJ

for $3,349,000 with 10 bedrooms. This home was built in 1955.

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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Multi-Family Active

Price

$ 3,349,000

Bedrooms

10

Property Type

Multi-Family

Taxes

$ 0

Style

11 - 20 Units

Year Built

1955

Town/City

Margate

County/Region

Atlantic

MLS | Web ID

573902

Features
General
Water Public
Sewer Public Sewer
Heating Electric
Status Active Active
Year Built 1955
Class MULTI-FAMILY
Type 11 - 20 Units
Tax Year 2022
Garage None
Waterfront No
Area Margate City
Taxes 11341
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Exterior
Driveway Blacktop
Lot 21
Lot Dimensions 131 X 125
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Interior
# of Units 11
# of 1 Bedroom Units 10
Efficiency Units 1
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* Excluded Features
List By
Farley And Ferry Realty, Inc

Broker

Affordability Calculator

$23,394
Per Month
100%
0%
0%
Monthly Principal & Interest
$23,394
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/3/2024$3,349,000 -1.47% Price Down
1/2/2024$3,399,000 -2.86% Price Down
10/16/2023$3,499,000 -4.79% Price Down
9/22/2023$3,675,000 -0.68% Price Down
7/8/2023$3,700,000 -3.90% Price Down
6/28/2023$3,850,000 -3.63% Price Down
5/11/2023$3,995,000 Listed Price

Map


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9211 Monmouth Ave, Margate, NJ, 08402 is a Multi-Family Home for sale at $3,349,000. 9211 Monmouth Ave has 10 bedrooms, 0.0 baths, and was built in 1955. The property's zip code is 08402 which is in Margate, NJ