128 North Portland Avenue

Ventnor City, NJ 08406

$1,199,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Mixed use building offering MANY income streams and a ton of upside potential for a new forward thinking owner! Neighboring new construction properties make this property a great investment. Property consists of 3 residential units, commercial office & garage with first floor storefront lobby. Deep 70ft. garage with both 9ft high front roll up door and rear double door warehouse access. Lots of storage space. Office space is located right next to garage space and features a full bathroom! Unit A...Mixed use building offering MANY income streams and a ton of upside potential for a new forward thinking owner! Neighboring new construction properties make this property a great investment. Property consists of 3 residential units, commercial office & garage with first floor storefront lobby. Deep 70ft. garage with both 9ft high front roll up door and rear double door warehouse access. Lots of storage space. Office space is located right next to garage space and features a full bathroom! Unit A has two large bedrooms, upgraded kitchen that overlooks spacious living room. Large washer & dryer room of the kitchen. Unit B is a one bedroom one bath that has been utilized in the past as a short term rental unit. Unit has back deck access. Unit C is an extremely large top floor unit featuring three bedrooms, two full bathrooms, and large kitchen with center island. Private deck access right off the kitchen adds great outdoor living! Unit also features washer and dryer. Bonus of this property is the very large bi-level storage garage in rear of property – this area offers a ton of extra space that is currently not being utilized. Option to purchase multi-family building next door 126 N Portland Ave. (MLS#591803 ) as a package. Seller makes no representations and Buyer is encouraged to do their due diligence on allowable uses. Buyer is responsible for all inspections, CO, and due diligence.
  1. Listed by JOSH FENWICK • KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Property Details for 128 North Portland Avenue

City/Community
Ventnor
Class
MULTI-FAMILY
Parking - Exterior
Off Site Parking
Waterfront (Y/N)
No
Zoned
R7
LISTING UPDATED: 01/02/2025 10:22 PM

Property Details for 128 North Portland Avenue

StatusActive
MLS #591805
Days on Market3
Taxes$10,640 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built1940
Lot Size0.09 AC / 3,900 SF
CountyAtlantic County

Building Information for 128 North Portland Avenue

Stories-Residences4Year Built1940Building Size-Lot Size0.09 AC / 3,900 SF

Property Information for 128 North Portland Avenue

Summary
Location and General Information
  • Address: 128 N Portland Ave Ave
  • Address Direction: N
  • Address Number: 128
  • Address Search Number: 128
  • Address Street: Portland Ave
  • Area: Ventnor City
  • County: Atlantic
  • Directions: Atlantic Ave to right on N Portland, building is on the left
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Ave
  • Zip: 08406
Owner
  • Owner: Agf Holdings LLC
Parking
  • Garage: Attached Garage, One and Half Car, Two Car
Taxes and HOA Information
  • LVT Date: 01-02-2025
  • Tax Year: 2024
  • Taxes: 10640
Property
Lot Information
  • Approved Short Sale?: No
  • Block #: 169
  • Lot #: 50
  • Lot Dimensions: 26x150
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 0
  • Improved Value: $263,700
  • Land Value: $125,600
  • New Construction: No
  • Property Id: 22-00169-0000-00050
  • Total Assessment: 389300
  • Water: Public
  • Year Built: 1940
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Outside Features: Deck, Shed
  • Siding/Exterior: Stucco
Interior Features
  • Air Conditioning: Electric
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Heating: Gas-Natural
  • Other Rooms: Breakfast Nook, Den/TV Room, Dining Area, Dining Room, Eat In Kitchen, Great Room, Kitchen, Laundry/Utility Rm, Living Room, Workshop
Multi Family
Multi-Family Information
  • Annual Taxes: 10640
  • Available: Survey
  • Limited Service (Y/N): No
  • Number Of Units: 4
  • Rental Information: Monthly, Yearly
  • Separate Meters: Electric, Gas
  • Suitable For: Condo Conversion, Multi Family + Rooms, Other (See Remarks)

Property History for 128 North Portland 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 128 North Portland Avenue

Taxable ValueLand$125,600Additions$263,700Total$389,300
Tax Record2023$10,359 ($863 / month)
Home Facts
Beds0Total Finished SqFt3,520 SqFtAbove Grade Finished SqFt3,520 SqFtStories2Lot Size3,899 SqFtStyleSingle Family ResidenceYear Built1940Zoning7CountyATLANTICAPN22 00169-0000-00050

Schools near 128 North Portland 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
Rating
School
Distance
Ventnor Elementary School
PublicPK to 4

Ventnor Middle School
Public5 to 8

St. James Elementary 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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128 North Portland Avenue is a multi-family home for sale in Ventnor City, NJ 08406. This property was listed for sale on January 2, 2025 by KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield, it's currently listed at $1,199,000. It has been on the market for a total of 3 days and was last sold on June 9, 2023. This listing's school district is Ventnor City School District. Nearby schools include Ventnor Elementary School, Ventnor Middle School and St. James Elementary School. 128 North Portland Avenue is a 0-bed, 0-bath, multi-family home built in 1940.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

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.