4805 Ventnor Unit 1
Ventnor, NJ 08406
- 1 bed
- 1 bath
- – sqft
- 1920 build
Opportunity knocks with this 1 bed / 1 bath basement apartment on the market for under $50,000. This special price is backed by a very motivated seller. Thought to have possibly once housed the building supervisor, this below-ground unit features a side entrance located under the fire escape, next to the building’s shared laundry and bike storage areas. This area does not have direct access to the main building. Acquired as a foreclosure, this property is being sold "as-is" and currently generates $775/month on a month-to-month lease. Seller may consider holding a 1st purchase money mortgage for no more than 1/2 the purchase price subject to buyer qualifications in the sole discretion of the seller. Terms of the purchase money mortgage shall be subject to negotiation between the parties. Yes, it needs work—but at this price point, it’s an incredible investment with immediate rental income. Don’t miss your chance to get on the property ladder in Ventnor. Please note the seller is a licensed real estate agent is NJ
Last checked:
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Last updated Apr 18, 2025
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MLS# 595265 —
The Building
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New Construction:no
-
Age:25+ Years
Location
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Latitude:39.345844
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Longitude:-74.467089
The Property
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Block #:87
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Lot #:3
Listing Agent
- Contact info:
- Office phone:
- (609) 822-1836
Heating & Cooling
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Heating:natural gas
Utilities
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Water:public water
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Sewer:public sewer
Appliances
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Appliances:gas stove, refrigerator
The Community
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Adult Community/55+:No
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Pets:none allowed
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Pets Allowed:One
Parking
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Parking Exterior:None
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Garage:None
Monthly cost estimate
Asking price
$49,900
| Expense | Monthly cost |
|---|---|
|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$267
|
| Taxes | $82 |
| Insurance | $13 |
| Utilities | N/A |
| Total | $362/mo.* |
| *This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/16/25
Apr 16, 2025
|
Listed / Active | SJSRMLS | $49,900 |
