9211 Monmouth, Margate, NJ | MLS # 573902 For Sale

Property Details

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!

This listing is provided courtesy of FARLEY and FERRY REALTY, INC

MLS #: 573902
Status: Pending
Address: 9211 Monmouth Ave, Margate, NJ 8402
Date Listed: 5/11/2023
Days on Market: 520
Date Sold: 1/31/2025

Location

Interior Features

Heat System: Electric

Exterior Features

Parking: Three or More Cars

Additional Features

County: Atlantic
Property Type: 11 - 20 Units
Waterfront Features: No
Water/Sewer: Public
Year Built: 1955
Lot Number: 21
Block Number: 426
For Sale / Lease: For Sale
Taxes: 11341
3rd Party Approval: No

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9211 Monmouth Ave, Margate