Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    22 S Marion Ave Ave Ventnor, NJ 08406

    View on Map
    Sponsored
    For Sale
    $999,990

    Triplex - Ventnor, NJ

    Type:Triplex
    Days on Market:
    1
    Last Refresh:
    Mar 10 at 5:06 pm

    Property Features for 22 S Marion Ave Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Patio and Porch features
    Deck
    Exterior features
    Deck, Ocean View
    Appliances
    Dishwasher, Dryer, Refrigerator, Washer

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air, Multi Units, Window Unit(s)

    Building Details

    Number of units
    3

    We can help!

    Listing Contact
    MARY LOU FERRY WIMMER

    Farley and Ferry Realty Inc. (609) 822-1836

    Listing agent MARY LOU FERRY WIMMER (609) 822-1836 License #RB-8530847

    Listing date Mar 10, 2026

    MLS# 595397 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.

    Learn more

    Property Insight Report

    Overview

    Ventnor Triplex with Ocean Views

    This well-maintained triplex is located in the desirable North Beach section of Ventnor, New Jersey, offering ocean views and proximity to the beach. The property features three distinct units. One unit is currently owner-occupied, while the other two are vacant and ready for rental income or customization. The main-level unit includes a renovated kitchen with stainless steel appliances, a dual fuel stove, a dishwasher, and a refrigerator purchased in December 2024. This unit offers 3 bedrooms and 2 bathrooms, with direct access to an oversized fiberglass deck redone in 2024. The living space extends to a finished ground-level area with a second full bathroom, bedroom, living area, and storage. The utility room houses mechanicals, including a new water heater and upgraded high-velocity ductwork for central air, accessible from both inside and outside. The top-level unit features 3 bedrooms, a living room with a kitchenette, and an updated full bath. The middle unit, previously rented, has a rental history, 2 bedrooms, 2 bathrooms, an in-unit washer/dryer, and living areas cooled with window units. Additional features include a fire alarm system, a galvanized steel spiral staircase installed 4–5 years ago as a fire escape, ample off-street parking from Austin Ave, and an oversized 2-car garage with direct access. The property has separate electric meters and is being sold AS-IS.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Map

    City
    Ventnor
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.4859
    Latitude
    39.3406

    Nearby Similar for Sale

    • New
      $110,000

      Turnkey Restaurant Business Opportunity

      Fully equipped restaurant for sale in Ventnor, NJ.
      7909 Ventnor Ave, Ventnor, NJ 08406
      View Details
    • $2,200,000
      9,900 SF

      Ventnor Retail Building with BOA Pad

      Freestanding retail building with income stream, available September 2025.
      4910 Wellington Ave, Ventnor, NJ 08406
      View Details
    • $130,000

      Turnkey Restaurant Business Opportunity

      Fully equipped restaurant for sale in Ventnor, NJ.
      7909 Ventnor Ave, Ventnor, NJ 08406
      View Details
    • Contact for pricing

      Ventnor Commercial Building For Sale

      New commercial building in vibrant North Beach community, customize to your vision.
      5217 Ventnor Ave, Ventnor, NJ 08406
      View Details
    • Contact for pricing

      Ventnor Commercial Space For Sale

      Commercial space for sale in a desirable Ventnor location.
      6427 Ventnor Ave, Ventnor, NJ 08406
      View Details
    • New
      $799,000

      Ventnor Duplex Near the Beach

      Coastal duplex in walkable neighborhood, near beach, restaurants, and entertainment.
      5 N Newport Ave, Ventnor, NJ 08406
      View Details
    • $799,999
      0.08 Acres

      Ventnor Duplex Near Beach

      Duplex near the beach with redevelopment potential.
      21 S Marion Ave, Ventnor, NJ 08406
      View Details
    • $1,150,000
      2,694 SF

      Ventnor Duplex Near North Beach

      Ventnor duplex with income potential near the beach and boardwalk.
      2 N Nashville Ave, Ventnor, NJ 08406
      View Details
    • $825,000

      Updated Duplex with Bay Views

      Updated Ventnor duplex offering bay views and rental income potential.
      211 N Sacramento Ave Ave, Ventnor, NJ 08406
      View Details
    • $999,990
      2,932 SF

      Ventnor Triplex with Historical Significance

      Triplex in Ventnor, NJ, steps from the beach.
      20 S Marion Ave, Ventnor, NJ 08406
      View Details
    • $799,500

      Ventnor Duplex Near Beach

      Classic modern duplex near the beach, boardwalk, and entertainment.
      119 N Newark Ave, Ventnor, NJ 08406
      View Details
    • $1,250,000
      1,856 SF

      Updated Duplex Near Ventnor Beach

      Updated, fully furnished duplex near the beach with income potential.
      11 N Weymouth Ave, Ventnor, NJ 08406
      View Details

    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex in North Beach, steps from the sand.
    Where is this triplex located?
    The property is located at 22 S Marion Ave Ave Ventnor, NJ.
    What is the asking price?
    The asking price for this property is $999,990.
    What are key features of this property?
    This property features: - Ocean views and steps to the beach in desirable North Beach location.; - Triplex with income-generating potential: one unit owner-occupied, two vacant and ready for rent.; - Main-level unit features a **renovated kitchen with stainless steel appliances** and **oversized fiberglass deck (newly redone in 2024)**.
    (609) 822-1836
    Request Owner's contact information
    22 S Marion Ave Ave Ventnor, NJ 08406
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22 S Marion Ave Ave
    Ventnor, NJ 08406
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    22 S Marion Ave Ave Ventnor, NJ 08406
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    MARY LOU FERRY WIMMER
    Real Estate License ID: RB-8530847
    (609) 822-1836
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!