8 South Melbourne Avenue

Ventnor City, NJ 08406

$562,500
Last Sold Price
Beds
1,980 Sq. Ft.
$284 / Sq. Ft.
1,980
Sq. Ft.
$284
per Sq. Ft.

Description

1.1 blocks to the beach and boards sits this South side triplex, located on one of the widest streets Ventnor has to offer. 2 units occupied and on month to month leases with the 3rd unit being left vacant for buyers use . 1st floor - 1 bedroom $875, 2nd floor - 2 bedroom $1050. 3rd & 4th floor can be a large 5 bedroom 2 bath unit. So Many opptions here at this fabulous address! Renovate and use a unit for yourself, take down and build one awesome home or take down and build 2 units that can be condo'd...1.1 blocks to the beach and boards sits this South side triplex, located on one of the widest streets Ventnor has to offer. 2 units occupied and on month to month leases with the 3rd unit being left vacant for buyers use . 1st floor - 1 bedroom $875, 2nd floor - 2 bedroom $1050. 3rd & 4th floor can be a large 5 bedroom 2 bath unit. So Many opptions here at this fabulous address! Renovate and use a unit for yourself, take down and build one awesome home or take down and build 2 units that can be condo'd out ( with city approval ) call for more details see agent remarks
  1. Listed by VIRGINIA O'NEILL • COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Property Details for 8 South Melbourne Avenue

City/Community
Ventnor
Class
MULTI-FAMILY
Parking - Exterior
None
Waterfront (Y/N)
No

Location

Listing Courtesy of COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Sold By COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Add your commute
LISTING UPDATED: 05/20/2021 10:38 AM

Property Details for 8 South Melbourne Avenue

StatusSold
MLS #547703
Days on Market13
Taxes$10,934 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Triplex
Year Built1900
Lot Size0.06 AC / 2,812 SF
CountyAtlantic County

Location

Listing Courtesy of COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Sold By COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Add your commute

Building Information for 8 South Melbourne Avenue

Stories-Residences3Year Built1900Building Size-Lot Size0.06 AC / 2,812 SF

Payment Calculator

$3,981 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,070

Property Taxes

$911

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 8 South Melbourne Avenue

Summary
Location and General Information
  • Address: 8 S Melbourne
  • Address 2: 1.5 blocks to the beach
  • Address Direction: S
  • Address Number: 8
  • Address Search Number: 8
  • Address Street: Melbourne
  • Area: Ventnor City
  • County: Atlantic
  • Directions: Ventnor Ave to Melbourne
  • Fips Code: 34001
  • Location: See Remarks
  • State: NJ
  • Zip: 08406
Owner
  • Owner: Arcelay
Parking
  • Garage: Attached Garage
Taxes and HOA Information
  • LVT Date: 02-27-2021
  • Tax Year: 20
  • Taxes: 10934
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 1980
  • Block #: 82
  • Lot #: 17
  • Lot Dimensions: 38 x 74
Property and Assessments
  • Associated Document Count: 0
  • Estate Y/N: No
  • Flood Plain (Y/N): Yes
  • Improved Value: $151,000
  • Land Value: $271,000
  • New Construction: No
  • Total Assessment: 422000
  • Water: Public
  • Year Built: 1900
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Siding/Exterior: Stucco
Interior Features
  • Air Conditioning: Window Units
  • Heating: Oil
Multi Family
Multi-Family Information
  • # of 1 Bedroom Units: 1
  • # of 2 Bedroom Units: 2
  • # of 3 Bedroom Units: 5
  • Annual Insurance (O/T): Owner
  • Annual Oil: $5,733
  • Annual Oil (O/T): Owner
  • Annual Sewer (O/T): Owner
  • Annual Taxes: 10934
  • Annual Taxes (O/T): Owner
  • Annual Water (O/T): Owner
  • Conforming (Y/N): No
  • Limited Service (Y/N): No
  • Number Of Units: 3
  • Owner Occupied (Y/N): No
  • Rent Control (Y/N): No
  • Separate Meters: Electric
  • Suitable For: Other (See Remarks)
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Half Baths: 0
  • Unit 1 Level: Lower
  • Unit 1 Rooms: 3
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Half Baths: 0
  • Unit 2 Level: Lower
  • Unit 2 Rooms: 4
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Bedrooms: 2
  • Unit 3 Half Baths: 0
  • Unit 3 Level: Upper
  • Unit 3 Rooms: 5

Property History for 8 South Melbourne Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8 South Melbourne Avenue

Taxable ValueLand$271,000Additions-Total$271,000
Tax Record2022$6,970 ($581 / month)
Home Facts
Beds0Total Finished SqFt1,980 SqFtAbove Grade Finished SqFt1,980 SqFtStories2Lot Size2,888 SqFtStyleSingle Family ResidenceYear Built1900Zoning4CountyATLANTICAPN22 00082-0000-00017

Schools near 8 South Melbourne Avenue

This home is within Ventnor City School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Private - PK to 8
Private - PK to 8
Rating
School
Distance
Ventnor Elementary School
PublicPK to 4

Ventnor Middle School
Public5 to 8

St. James Elementary School
PrivatePK to 8

Blessed Sacrament Regional School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.