Three-Unit Mixed-Use
For Sale
$850,000
5101 Ventnor Avenue, Ventnor, NJ 08406
Includes one commercial unit and two apartments with separate electric and gas meters.
Property Size4,500 SF
Price / SF$188.89
Days on Market48
Property Features for 5101 Ventnor Avenue
General Information
Standard status
Active
Size
4,500 SF
Property subtype
Multi-Family
Listing Agency:
Marketplace Realty
Listed By:
Ben Kruse
(609) 204-7891
Source:
Choosekruse
Added: Sep 11
Changed: Oct 25
Last Checked: Oct 26 at 3:12PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marketplace Realty
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Investment Insights
Based on property information with market context.
Located at 5101 Ventnor Avenue in Ventnor, New Jersey, this 4,500 SF mixed-use building contains three separately metered units. The property includes one commercial space plus two apartments, each configured with two bedrooms and one bathroom.
One apartment is vacant, providing flexibility for an owner-user, renovation, or leasing strategy. Electric and gas service are separately metered for all three units. A profit-and-loss statement is available to qualified buyers, and the property is offered for sale.
One apartment is vacant, providing flexibility for an owner-user, renovation, or leasing strategy. Electric and gas service are separately metered for all three units. A profit-and-loss statement is available to qualified buyers, and the property is offered for sale.
Key Highlights
- 4,500 SF mixed‑use building at 5101 Ventnor Avenue, Ventnor, NJ 08406
- Three‑unit configuration with one commercial space and two 2‑bedroom/1‑bath apartments
- One apartment is currently vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,825
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,336,500
$1.3M
Cap Rate 7%
$954,643
$954.6K
Cap Rate 9%
$742,500
$742.5K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$121.5K $27.00/SF
− Vacancy
−$14.6K −$3.24/SF
EGI
$106.9K $23.76/SF
− OpEx
−$40.1K −$8.91/SF
NOI
$66.8K $14.85/SF
Area
Atlantic County, NJ
Vacancy
12.00%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,336,500
Cap Rate 7%
$954,643
Cap Rate 9%
$742,500
Alternative Uses
Best Use
Mixed Use
$954.6K
$835.3K – $1.11M
NOI $66,825 @ 7.0% cap · market cap 7.86%
Second Best
Apartment 5plus
$643.5K
$563.1K – $750.7K
NOI $45,044 @ 7.0% cap · market cap 5.30%
Theoretical Best
Warehouse
$1.68M
$1.47M – $1.96M
NOI $117,304 @ 7.0% cap · market cap 13.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
574
Businesses Nearby
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Business Placement
Demographics for 08406, NJ
9,188
Population
7,772
Households
1.2
Avg Household Size
51
Median Age
38%
College-Educated
93%
High-School Grad
2.0 sq mi
ZIP Area
4,594
Density / Sq Mi
$75,034
Median Household Income
$51,057
Median Earnings
$1,460
Median Rent
$345,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Includes one commercial unit and two apartments with separate electric and gas meters.
Where is this mixed-use property located?
The property is located at 5101 Ventnor Avenue Ventnor, NJ.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,500 SF mixed‑use building at 5101 Ventnor Avenue, Ventnor, NJ 08406; Three‑unit configuration with one commercial space and two 2‑bedroom/1‑bath apartments; One apartment is currently vacant
