11 N Weymouth Ave, Ventnor City, NJ 08406
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
11 N Weymouth Ave,Ventnor, NJ 08406
$1,250,000
- - Beds
- - Baths
- 1,856 sq. ft.
- Multi-family
- Active
Listed by: jenya parvanova
Office: re/max coastal
MLS#:607521
Source:NJ_SJSRMLS
Price summary
- Price:$1,250,000
- Price per sq. ft.:$673.49
About this home
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....
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Home facts
- Year built:1920
- Listing ID #:607521
- Added:1 day(s) ago
- Updated:May 05, 2026 at 02:48 PM
Rooms and interior
- Kitchen Description:Dishwasher, Disposal, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven
- Basement Description:Crawl Space
- Living area:1,856 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Forced Air
Structure and exterior
- Year built:1920
- Building area:1,856 sq. ft.
- Construction Materials:Vinyl
- Exterior Features:Deck, Outside Shower
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,250,000
- Price per sq. ft.:$673.49
- Tax amount:$8,447 (2025)
Features and amenities
- Laundry features:Dryer, Washer
- Amenities:Screens, Storms
Parking
- Parking description:Concrete Driveway, Two Car
- Garage spaces:1
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