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Sold for $3,200,000 on 04/01/25
  • $3,200,000

    9211 Monmouth Ave, Margate City, NJ 08402

    10beds
    --baths
    --sqft
    Multi Family
    Built in 1955
    -- sqft lot
    $3,268,200 Zestimate®
    $--/sqft
    $1,636 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: April 04, 2025 at 08:20am

    Listed by:

    MARY LOU FERRY WIMMER,

    FARLEY and FERRY REALTY, INC

    Bought with:

    MARY LOU FERRY WIMMER, 8200288

    Source: SJSRMLS,MLS#: 573902MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    Heating
    • Electric
    Features
    • Has basement: No
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 3
    • Parking features: None
    Lot
    • Size: 0.38 Acres
    • Dimensions: 131 x 125
    Details
    • Parcel number: 21

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1955

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Margate City

    Other

    Other facts
    • Available date: 05/11/2023
    Services availability
    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $3,268,200
    2% more+ $65,364
    With Zillow Showcase(estimated)
    $3,333,564