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    129 N Oxford Ave Ventnor Heights, NJ 08406

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    For Sale
    $600,000

    Duplex - Ventnor Heights, NJ

    Type:Duplex
    Property size:
    1,902 SF
    Added:
    Apr 13, 2026
    Days on Market:
    8
    Last Refresh:
    Apr 20 at 6:06 am

    Property Features for 129 N Oxford Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Zoning
    R7
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Den, Kitchen, Laundry
    Patio and Porch features
    Patio
    Exterior features
    Fenced Yard, Patio, Recreation Area
    Fencing
    Fenced
    Appliances
    Dishwasher, Dryer, Refrigerator, Washer
    Standard status
    Active
    Size
    1,902 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5823

    Utilities

    Heating system
    Baseboard, Oil, Other (Heating)
    Cooling system
    Ceiling Fan(s)

    Building Details

    Year built
    1929
    Number of units
    2

    We can help!

    Listing Contact
    ANTHONY MAROTTA

    Listing agent ANTHONY MAROTTA License #0999715

    Listing office KELLER WILLIAMS REALTY JERSEY SHORE-Margate 8510 VENTNOR AVENUE, Ocean City, NJ

    Listing date Apr 13, 2026

    MLS# 606651 Listing URL

    Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ventnor Heights Coastal Duplex

    This 1920s duplex is located in Ventnor Heights, New Jersey. The property is suitable for investors or owner-occupants. The lower unit features a two-bedroom, one-bathroom layout, along with a ground-level bonus suite that has a private entrance and half-bath. The upper unit offers a three-bedroom, one-bathroom floor plan equipped with modern Samsung appliances and coastal finishes. The property includes a private, fenced backyard with a custom Tiki Bar, built-in seating, and bistro lighting. Capital improvements include a recently replaced roof, updated electric and plumbing systems, and a recently serviced heating system. The property is located near the bay, Red Room Cafe, and the Dorset Ave bridge. The second-floor unit is currently occupied with a lease expiring on 09/30/2026, with the tenant currently paying $2250 per month. The property size is 1902 square feet and is zoned R7.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ventnor Heights
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.4778789
    Latitude
    39.3436378

    Nearby Similar for Sale

    • $199,500

      Established Restaurant Business Opportunity

      Restaurant business for sale in Ventnor Heights and Ocean City.
      115 N Dorset Ave, Ventnor Heights, NJ 08406
      View Details
    • $775,000

      Ventnor Heights Turn-Key Duplex

      Seashore duplex in prime location with income potential.
      228 N Dudley Ave, Ventnor Heights, NJ 08406
      View Details

    FAQs

    What type of property is this?
    Duplex - Turnkey 1920s duplex in a vibrant coastal community.
    Where is this duplex located?
    The property is located at 129 N Oxford Ave Ventnor Heights, NJ.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: Turnkey duplex in Ventnor Heights, ideal for investors or owner‑occupants; Lower unit features a 2BR/1BA layout plus a ground‑level bonus suite with private entrance and 1/2 bath; Upper unit offers a spacious 3BR/1BA floor plan with modern Samsung appliances and coastal finishes
    (609) 399-5454
    We can help!
    Listing Contact
    ANTHONY MAROTTA
    Real Estate License ID: 0999715
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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