5 months on rocket

5405 Winchester Ave, Ventnor, NJ, 08406

$599,000

0.05 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontSee Remarks, Waterfront
ViewSee Remarks, Water
MLS #579820
Lot Size0.05 Acres
StatusActive

About 5405 Winchester Ave

Do not miss this redevelopment opportunity located in the St. Leonard's Tract Historic Neighborhood. The property location is just off the Bay and three short blocks to the Ventnor Beach and Boardwalk. Located with in a short walk to the Ventnor Movie Theater complex featuring Nucky's Restaurant and Bar, the AAAA Bike Shop, Tennis and Pickleball Courts, Wawa, additional restaurants located on Ventnor and Atlantic Avenues and much more! The property is being sold as land value. The property could be renovated as an existing 3 BR-2 Bath home or you could teardown the existing structure and design and build a totally compliant new home to take advantage of the bay views and on site off street parking. There is a five (5) year 30% real estate tax abatement program available for new constructed compliant homes. Seller is entertaining all offers at this time. Showing are by appointment only.

Property Details

Property Features

Listing Office:

  • Office Name: DANIEL J SMITH REAL ESTATE INC
  • Office Phone: (609) 823-0800

Exterior Features

Exterior Information:

  • Waterfront: See Remarks, Waterfront
  • View: See Remarks, Water

Lot Features

Lot Information:

  • Lot: Level, See Remarks, Views
  • Lot Size: 0.05 Acres

School Info

Assigned Schools Information:

  • Ventnor Middle School, Public District Grades 5-8
  • Ventnor Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: Ventnor Ave to Surrey Ave toward the bay, left onto Winchester Ave. 2nd property on bayside.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000
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Housing Market Comparison

See how this home compares to others in Ventnor City, NJ.

Med. Sold Price

$485K

Med. Price/SqFt

$318

Avg. Days On Market

68

# of Sold Homes

30

5405 Winchester Ave vs Ventnor City

161 DAYS ON ROCKET

+93 Days

$599,000

+$114K More

KEY TAKEAWAY

This property is $114K more than the Median Sold Price in Ventnor City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #579820

Listing Office:

  • Office Name: DANIEL J SMITH REAL ESTATE INC
  • Office Phone: (609) 823-0800

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 3:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1885898
7
/10
  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 1.20 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1885899
5
/10
  • Ventnor Middle School

  • Ventnor Educational Community

  • 1.20 miles

  • Public District Grades 5-8

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $67,962. The majority of Ventnor City, NJ residents have income between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5405 Winchester Ave

What is the listing price of this property?

The listing price of 5405 Winchester Ave property is $599,000.

What type of property is this?

The property 5405 Winchester Ave is land located in Ventnor, New Jersey, 08406.

Is this property for sale now?

Active Listing: 5405 Winchester Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5405 Winchester Ave are:
Ventnor Elementary School: GreatSchools Rating 7/10
Ventnor Middle School: GreatSchools Rating 5/10

How much acreage is this property?

The property 5405 Winchester Ave is 0.05 acres.
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Rocket HomesNew JerseyAtlantic CountyVentnor City084065405 Winchester Ave

This home is located at 5405 Winchester Ave in Ventnor, NJ and zip code 08406. This home sits on a 0.05 acre lot. It has been listed on Rocket Homes since November 18, 2023 and is currently priced at $599,000.

In March 2024, from all listings sold in Ventnor City, NJ there were more than 5 sold above asking price, over 18 sold below and more than 2 were sold right at the asked price. Between February 2024 and March 2024, Ventnor City, NJ real estate market has seen increase in the number of listings by 12.6%. In March 2024 median list price was $485,000 and the average listing age was 68 days.

From Rocket Homes Real Estate and based on county public records data.

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