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5201 Atlantic ave - New Built Duplex 2 Unit Apartment Building Offered at $4,048,168 CAD Ventnor City, NJ 08406

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INVESTMENT HIGHLIGHTS

  • Investment Owner occupied and Short term rental

EXECUTIVE SUMMARY

Brand New Ocean View Duplex – Exceptional Investment or Coastal Living Opportunity
Don't miss this rare opportunity to own a newly built duplex in one of the most sought-after vacation destinations, offering stunning ocean views. Whether you're looking for a smart investment, a vacation getaway, or a primary residence with rental income potential, this property has it all.
Ground-Level Entry features a large foyer with elevator access and stairways to both units. Two Spacious Units with separate entrances and private garages.
Unit A (First Floor) offers a well-designed layout with: Primary bedroom with en-suite full bath, Two additional bedrooms with shared full bath, Powder room in the spacious family room, Open-concept kitchen and dining area, Laundry room, Private elevator access, Outdoor patio for relaxing or entertaining
Unit B (Second & Third Floors) boasts: Four bedrooms and three full bathrooms, Open-concept kitchen and large family room, Laundry room, Elevator access. Multiple outdoor patios, including a private master patio on the third floor. This duplex is currently under construction with an anticipated completion date of January 1, 2026. Depending on the construction timeline, buyers may have the opportunity to customize finishes and select appliances to suit their preferences. Modern Features Include: High-efficiency windows and doors, Energy-efficient furnaces, Tankless hot water heaters, Elevator in both units for convenience and accessibility
The seller intends to apply for property tax abatement upon completion, adding even more value to your investment. Contact us today for more details or to schedule a private tour of this exceptional coastal property!

PROPERTY FACTS

Price $4,048,168 CAD
Price Per Unit $2,024,084 CAD
Sale Type Investment
Sale Condition Build to Suit
No. Units 2
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.07 AC
Construction Status Under Construction
Building Size 4,011 SF
No. Stories 4
Year Built 2026
Parking Ratio 0.5/1,000 SF
Cross Streets S Frankfort Ave
Zoning RR2 - Duplex (2 family)

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Balcony
  • Dishwasher
  • Disposal
  • Washer/Dryer
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Dining Room
  • Double Pane Windows
  • Family Room
  • Patio
  • Porch
  • Large Bedrooms

SITE AMENITIES

  • Elevator
  • Individual Locking Bedrooms

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
4+3 2 - 2,348
3+2.5 1 - 1,663
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-00053-0000-00001
Land Assessment
$205,861 CAD
Improvements Assessment
$0 CAD
Total Assessment
$205,861 CAD
  • Listing ID: 38076395

  • Date on Market: 2025-10-14

  • Last Updated:

  • Address: 5201 Atlantic ave, Ventnor City, NJ 08406

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