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Sold for $926,000 on 04/17/25
  • $926,000

    126 N Portland Ave, Ventnor City, NJ 08406

    6beds
    4baths
    --sqft
    Duplex
    Built in 1935
    -- sqft lot
    $825,800 Zestimate®
    $--/sqft
    $2,099 Estimated rent

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    What's special

    Perfect project for an experienced builder or developer. Being sold in Strictly "As Is/Where Is Condition". Building can be torn down for a new structure to be built on the lot, or property can be completely renovated as a duplex. We recommend any interested buyers speak with the Ventnor City Building & Zoning department. Property needs a complete & total renovation and is not habitable in current condition. Property has been vacant for a number of years. Property was raised after Hurricane Sandy but never completed. Property lacks stairs/steps for access. Property was partially gutted inside. Repairs were never finished/completed. We recommend a buyer have a survey done at buyer's expense to determine the exact property lines. Property may or may not be required to be reraised. It is recommended buyers complete their own due diligence. The property is listed on the tax records as 126 Portland Ave #B, but the mail box in front shows it as 126 N. Portland #A. Note: there is a property next door (on the bay side) with an address of 126 N. Portland Ave. That is a separately owned property, not affiliated with this listing. We recommend a buyer have a survey done at buyer's expense to determine the exact property lines. Cash Offers Only. No Financing. NOTE: Property is being sold with AS IS TITLE. There is an existing lien of approximately $150,000 which seller will not pay. BUYER will have to resume responsibility for resolving this after settlement. It is possible lien could be removed after a final C.O. is issued if Buyer choses to perform a complete & total rehab on the existing structure. Contacting listing agent for more details.

    Zillow last checked: 8 hours ago

    Listing updated: September 04, 2024 at 02:03pm

    Listed by:

    ALAN KORIK 609-412-2913,

    FARLEY and FERRY REALTY, INC,

    MICHAEL CHRISTAKOS 609-703-4464,

    FARLEY and FERRY REALTY, INC

    Bought with:

    Julie Cicali, 2321804

    Source: SJSRMLS,MLS#: 585940MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Natural Gas
    Features
    • Basement: Slab
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached Garage
    • Has attached garage: Yes
    Lot
    • Size: 5,290 sqft
    • Dimensions: 46 x 115
    Details
    • Parcel number: 51
    • Special conditions: Real Estate Owned

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 1935

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Ventnor City

    Other

    Other facts
    • Available date: 06/06/2024
    Sell for more on Zillow
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    $825,800
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