CCertihomes
16 N Newark Avenue, Ventnor, NJ 08406

$525,000

0 beds 0 baths 1,390 sqft Built 194013 days on marketClosed

About this home

Opportunity is knocking! Lovely MulitFamily home in Ventnor City boasts 2 spacious units & endless possibilities! Sitauted in a great location, you're only 1.5 blocks to Ventnor City Beach and boardwalk, shopping, dining, public transit & just a short ride to iconic Atlantic City amusements & nightlife. Unit 1 offers 2 Bedrooms, 1 Full Bath, Living rm & Kitchen with granite counters + ceramic flrs. Unit 2 offers even more living space with a sizable Living rm, seperate Dining rm, Eat-in-Kitchen, convenient 1/2 bath & versatile Office space with in-unit Laundry. 3 generous Bedrooms & 1 Full bath upstairs! Private entrances, Rear Patio + Yard area & Detached 1 Car Garage with ample parking. An excellent investment opportunity & great rental property! Lots of possibilities here - come & see TODAY!

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$4,936/mo

Real estate (PITI + HOA + PMI)
$4,667
Principal + interest$3,382
Property tax + insurance$1,088
PMI / 2nd mortgage$197
Utilities
$465
Heating + cooling$71
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$130
Car insurance + maintenance$130
Other (entertainment)
$157
$4,936/mo TLC
Budget$5,436/mo
Remaining after TLC$500/mo
Purchase price
$525,000
Down payment
$26,250 (5%)
Loan amount
$498,750
APR
7.19%

Quick facts

Type
2 Family
Style
Year built
1940
Lot size
0.0663 ac
Stories
2
Heating
Baseboard Hotwater, Radiators-Hot Water
Cooling
Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s)
Water
Public
HOA
Annual tax
$6,740
MLS #
2216519R
County
Atlantic

At a glance

Garage (1)

Home features

Appliances
Water Heater(Gas)Water HeaterUnit 1(Range/Oven)Unit 2(DryerRange/OvenRefrigeratorWasher)
Interior
Unit 1(2 BedroomsKitchen1 BathLiving Room)Unit 2(Dining Room3 BedroomsKitchenLiving Room1 1/2 Baths)
Exterior
PatioCurbsPorch(es) - OpenDoor(s)-Storm/ScreenSidewalkYardPorchPrivate EntranceStorage Area-CommonScreens/Storms
Community
CurbsSidewalks
Parking
GarageDetached3-4 Car Parking
Patio & porch
PatioPorch(es) - OpenPorch
Roof
Asphalt
Sewer
Public Sewer
Ownership
Fee Simple

Lot features

Near Shopping, Level, Near Public Transit

Neighborhood — 08406

MetricThis ZIPCountyUSA
Population13,6538,832,837299,088,112
Population Change Since199024.00%14.00%20.00%
Population Density6,8231,137
Male6,5494,307,827147,432,321
Female7,1044,525,010151,655,844
Never Married3,0401,965,81163,775,926
Married5,2323,647,435123,120,365
Separated630391,23912,639,686
Widowed1,246515,17215,467,586
Divorced1,268529,39323,075,029
Number Of House Hold5,7863,167,345111,826,380
Average House Hold Size2.362.732.60
Medial Age40.7837.1535.46
Median House Hold Income$47,693$63,392$48,276
Average House Hold Income$58,647$83,312$63,629
P C I$24,888$30,662$24,529
M D I$40,846$52,505$41,133
A T H E$48,610$61,369$50,898
S T R7.00%7.00%
W C J83.35%81.02%77.74%
(Zip) Code
8406

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Recently sold nearby

Central Jersey Multiple Listing System, INC

Listing information last refreshed 7/5/2022. Provided courtesy of RE/MAX 1st ADVANTAGE via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.

16 N Newark Avenue · Ventnor — $525,000 · Certihomes