6217 Monmouth Ave · Ventnor City, NJ 08406

$399,900

3 bd · 2.0 ba · 1,593 sqft · SingleFamily public records · 63 Days on market

Built 1950 Est $564k · 29% under

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Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +30.0/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• Rent growth +5.0/5.0
• Livability +3.6/5.0
• Schools +3.3/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Now's your chance to own a place "Down the Shore"! Just a few blocks from the beach but a block from the bay this 2 story house features laminate flooring downstairs in the LR, DR, Kitchen, Utility Rm & Bath. Upstairs W/ W carpeting in hallway and the 3 Bedrooms, Hall Bath w/ tile and vinyl floors. Convenient Tilt in windows, W/ D too. Nice sized porch for "just hangin out". Centrally located to Atlantic City's casinos, restaurants & shopping; Margate's Nightlife, shopping, dining and water sports. Down the road and over the bridge enjoy Ocean City's Beach, Boardwalk and amusement piers! Could make a nice investment property too. .. Property has Underground Storage Tank. Seller requires purchaser to obtain a Caliber Home Loans Pre-Qualification Letter prior to accepting an offer for any non-cash transaction. Please contact Caliber Loan Consultant Ali Walters NMLS # 460238 at 609-910-5411 or e-mail at ali. [email protected] to obtain. Purchaser may use any lender to obtain financing for the purchase. Property is being sold in its present "AS IS" condition, with no warranties and representations by Seller or Listing Broker.

Key facts

• Strong foundation
• Value-add potential
• Workable floor plan

Tags

• WORKABLE FLOOR PLAN
• STRONG FOUNDATION
• PROXIMITY TO THE BEACH
• VALUE-ADD POTENTIAL

Property features AI

Finance

• Other: Lead-based paint disclosure on file; Seller's property condition statement on file
• Financial info: Property is offered for sale; Bank-owned / foreclosure

Exterior

• Parking: No exterior parking; No garage
• Utilities: Public water; Public sewer; Gas tankless water heater
• Home design: Single-family residence (older than 25 years)
• Construction: Brick siding/exterior
• Exterior features: Paved road access; Porch; Red brick exterior; Combination storms/screens; Lot dimensions approximately 15 x 60; 15 ft lot frontage; Zoned residential; Property is in a floodplain

Interior

• Kitchen: Kitchen on the main level
• Bedrooms: Upper-level bedroom: 11 x 15; Upper-level bedroom: 10 x 15; Upper-level bedroom: 12 x 14
• Bathrooms: Two full bathrooms (one located on the upper level)
• Heating & cooling: Baseboard heating; Natural gas heating; Hot water heating
• Interior features: Dining room on the main level; Living room on the main level; Porch
• Laundry & utility: Main-level laundry/utility room

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $400k.

Deal economics

• At list price, monthly cash flow is $1k ($15k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $400k).
• Recommended offer: $376k (6.0% below list) — sets the bar for market timing.
• Cap rate 11.4% vs local median 4.1% in Ventnor City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 72/100 on livability (#202 in NJ) — a middle-class / working-renter tenant base. Strengths: health & safety A+, commute A-, crime B+; Watch: schools C-, amenities F, cost of living F.
• Ventnor City School District (suburban): math 27% / reading 49% proficiency, ranked #266 of 472 in NJ (top 56%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+57.3%/yr); 155 active listings in the ZIP; 19 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 672 units permitted in Atlantic County in 2024 (258 in 5+ unit buildings).
• At $5,481/mo this rent would consume 95% of the median local household income ($69k/yr) (locally 329% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
• Atlantic County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $112k cash investment doubles in ~7 years — after that, you're playing with house money.

Negotiation context

• It's been on market 63 days — a 6% lower offer ($376k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 27y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
• Current owner paid $147k; list at $400k implies a 172% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $427/mo; built in 1950 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: in FEMA flood zone AE (mandatory federal flood insurance); severe wind risk, 80% chance of damaging wind over 30y; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $375,906 (6.0% below list)

Questions for the listing agent

1. It's been on market 63 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1950 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
4. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
5. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.37% ✓
• Cap rate: 11.36%
• Cash-on-cash: 18.08%
• DSCR: 1.80
• GRM: 6.1

CMA / ARV

• ARV (on-the-fly): $563,922
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
6217 Monmouth Ave	0.00mi	3/2.0	1,593 (0%)	1mo	$396,000	$249	99
207 N Harvard Ave	0.03mi	3/2.5	1,671 (+5%)	1mo	$735,000	$440	87
6303 Monmouth Ave	0.03mi	3/2.0	1,500 (-6%)	5mo	$499,900	$333	85
118 N Portland Ave	0.12mi	3/2.0	1,728 (+8%)	3mo	$675,000	$391	78
114 N Avolyn Ave	0.27mi	3/2.0	1,500 (-6%)	11mo	$825,000	$550	68
27 N Newark Ave	0.43mi	3/1.5	1,518 (-5%)	4mo	$735,000	$484	67
604 N Cambridge Ave	0.45mi	3/2.0	1,552 (-3%)	11mo	$550,000	$354	66
400 Berkshire Dr	0.62mi	3/2.5	1,576 (-1%)	12mo	$425,000	$270	58
607 N Dorset Ave	0.52mi	3/1.5	1,772 (+11%)	3mo	$544,900	$308	52
103 N Baltimore Ave	0.61mi	3/2.0	1,464 (-8%)	9mo	$746,000	$510	51
703 N Burghley Ave	0.57mi	4/2.5 (+1)	1,779 (+12%)	4mo	$605,000	$340	44
812 N Dorset Ave	0.74mi	3/2.5	1,808 (+14%)	10mo	$635,000	$351	32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: 9.5%
• Equity multiple: 1.40×
• Total profit: $44,745
• Equity at exit: $59,626

10-year hold

• IRR: 22.8%
• Equity multiple: 3.46×
• Total profit: $275,305
• Equity at exit: $34,576

Cash invested: $111,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 21 Tenant-Leaning
• State New Jersey: 21 Tenant-Leaning · D+6
• County: — inherits STATE
• City: — inherits STATE

Anti-eviction Act requires just-cause statewide; rent control in 100+ municipalities; one of the most tenant-friendly states.

Methodology + full state rankings →

ZIP-level market 08406

• Home prices YoY: -33.3%
• Rents YoY: 57.3%
• Active inventory: 155
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $5,481 medium
• Mortgage (P&I): −$2,097
• Tax from tax record: −$379 /mo · $4,544/yr
• Insurance: −$167
• Flood insurance flood zone: −$427 /mo · $5,118/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,151
• Net cashflow: $1,261

Break-even live

Break-even rent $3,885

Max offer price $399,900

Occupancy floor 72%

Sensitivity live

Price	-10% $1,487	-5% $1,374	+0% $1,261	+5% $1,148	+10% $1,035
Rent	-10% $828	-5% $1,044	+0% $1,261	+5% $1,477	+10% $1,694
Rate	-1.0pp $1,462	-0.5pp $1,363	base $1,261	+0.5pp $1,157	+1.0pp $1,052

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $99,975
• Closing costs: $11,997
• Reserves months: —
• Total cash needed: —

Rent comps 19 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
406 N Dorset Ave Ventnor City, NJ	4.0	1.5	1568	$13,000	$8.29	14d	1	0.30mi
109 N Wissahickon Ave Unit B Ventnor City, NJ	4.0	3.5	2000	$25,000	$12.50	22d	1	0.41mi
7 S Richards Ave Ventnor City, NJ	4.0	2.0	1600	$25,000	$15.62	14d	1	0.43mi
3 S Surrey Ave Unit 1309004P Ventnor City, NJ	3.0	2.0	1087	$8,055	$7.41	22d	1	0.57mi
3 S Surrey Ave Unit 1308991P Ventnor City, NJ	3.0	2.0	1087	$7,267	$6.69	44d	1	0.57mi
6 N Melbourne Ave Ventnor City, NJ	4.0	3.5	2028	$3,000	$1.48	44d	1	0.64mi
610A N Victoria Ave Ventnor City, NJ	3.0	2.5	1800	$2,550	$1.42	22d	1	0.65mi
1 N Austin Ave Unit 1308998P Ventnor City, NJ	3.0	3.0	2195	$7,184	$3.27	22d	1	0.80mi
24 N Baton Rouge Ave Ventnor City, NJ	3.0	2.0	1350	$18,000	$13.33	14d	1	0.83mi
119 N Belmont Ave Unit June 2026 Margate City, NJ	4.0	2.5	2044	$10,000	$4.89	14d	1	0.84mi
5000 Boardwalk #1009 Ventnor City, NJ	2.0	2.5	1893	$17,000	$8.98	22d	1	0.87mi
7701 Atlantic Ave Margate City, NJ	1.0–3.0	2.0–3.0	1660	$75,000	$45.18	44d	4	1.05mi
200 N Essex Ave Margate City, NJ	4.0	3.0	1570	$15,000	$9.55	44d	1	1.09mi
307 N Essex Ave Margate City, NJ	4.0	2.0	1561	$1,800	$1.15	44d	1	1.10mi
100 S Berkley Sq Unit 4H Atlantic City, NJ	2.0	2.0	1520	$3,200	$2.11	22d	1	1.11mi
2 N Frontenac Ave Margate City, NJ	3.0	2.5	1850	$17,000	$9.19	22d	1	1.20mi
21 N Laclede Pl Atlantic City, NJ	3.0	1.0	1200	$2,000	$1.67	22d	1	1.29mi
36 Chelsea Ct Atlantic City, NJ	3.0	2.5	2100	$3,300	$1.57	14d	1	1.46mi
3914 South Blvd Atlantic City, NJ	2.0	2.5	1700	$3,400	$2.00	22d	1	1.48mi

Listing history 33 events

1. 2026-04-30
   historical Under Contract
2. 2026-04-21
   price $399,900
3. 2026-03-25
   listed $415,000 Active
4. 2017-05-23
   historical 1194-char remark

   Show marketing remark (1194 chars)

   Now's your chance to own a place "Down the Shore"! Just a few blocks from the beach but a block from the bay this 2 story house features laminate flooring downstairs in the LR, DR, Kitchen, Utility Rm & Bath. Upstairs W/ W carpeting in hallway and the 3 Bedrooms, Hall Bath w/ tile and vinyl floors. Convenient Tilt in windows, W/ D too. Nice sized porch for "just hangin out". Centrally located to Atlantic City's casinos, restaurants & shopping; Margate's Nightlife, shopping, dining and water sports. Down the road and over the bridge enjoy Ocean City's Beach, Boardwalk and amusement piers! Could make a nice investment property too. .. Property has Underground Storage Tank. Seller requires purchaser to obtain a Caliber Home Loans Pre-Qualification Letter prior to accepting an offer for any non-cash transaction. Please contact Caliber Loan Consultant Ali Walters NMLS # 460238 at 609-910-5411 or e-mail at ali. [email protected] to obtain. Purchaser may use any lender to obtain financing for the purchase. Property is being sold in its present "AS IS" condition, with no warranties and representations by Seller or Listing Broker.

5. 2017-05-17
   price $62,000 1194-char remark

   Show marketing remark (1194 chars)

   Now's your chance to own a place "Down the Shore"! Just a few blocks from the beach but a block from the bay this 2 story house features laminate flooring downstairs in the LR, DR, Kitchen, Utility Rm & Bath. Upstairs W/ W carpeting in hallway and the 3 Bedrooms, Hall Bath w/ tile and vinyl floors. Convenient Tilt in windows, W/ D too. Nice sized porch for "just hangin out". Centrally located to Atlantic City's casinos, restaurants & shopping; Margate's Nightlife, shopping, dining and water sports. Down the road and over the bridge enjoy Ocean City's Beach, Boardwalk and amusement piers! Could make a nice investment property too. .. Property has Underground Storage Tank. Seller requires purchaser to obtain a Caliber Home Loans Pre-Qualification Letter prior to accepting an offer for any non-cash transaction. Please contact Caliber Loan Consultant Ali Walters NMLS # 460238 at 609-910-5411 or e-mail at ali. [email protected] to obtain. Purchaser may use any lender to obtain financing for the purchase. Property is being sold in its present "AS IS" condition, with no warranties and representations by Seller or Listing Broker.

6. 2017-04-21
   price $65,900 1194-char remark

   Show marketing remark (1194 chars)

   Now's your chance to own a place "Down the Shore"! Just a few blocks from the beach but a block from the bay this 2 story house features laminate flooring downstairs in the LR, DR, Kitchen, Utility Rm & Bath. Upstairs W/ W carpeting in hallway and the 3 Bedrooms, Hall Bath w/ tile and vinyl floors. Convenient Tilt in windows, W/ D too. Nice sized porch for "just hangin out". Centrally located to Atlantic City's casinos, restaurants & shopping; Margate's Nightlife, shopping, dining and water sports. Down the road and over the bridge enjoy Ocean City's Beach, Boardwalk and amusement piers! Could make a nice investment property too. .. Property has Underground Storage Tank. Seller requires purchaser to obtain a Caliber Home Loans Pre-Qualification Letter prior to accepting an offer for any non-cash transaction. Please contact Caliber Loan Consultant Ali Walters NMLS # 460238 at 609-910-5411 or e-mail at ali. [email protected] to obtain. Purchaser may use any lender to obtain financing for the purchase. Property is being sold in its present "AS IS" condition, with no warranties and representations by Seller or Listing Broker.

7. 2017-03-28
   price $69,900 1194-char remark

   Show marketing remark (1194 chars)

   Now's your chance to own a place "Down the Shore"! Just a few blocks from the beach but a block from the bay this 2 story house features laminate flooring downstairs in the LR, DR, Kitchen, Utility Rm & Bath. Upstairs W/ W carpeting in hallway and the 3 Bedrooms, Hall Bath w/ tile and vinyl floors. Convenient Tilt in windows, W/ D too. Nice sized porch for "just hangin out". Centrally located to Atlantic City's casinos, restaurants & shopping; Margate's Nightlife, shopping, dining and water sports. Down the road and over the bridge enjoy Ocean City's Beach, Boardwalk and amusement piers! Could make a nice investment property too. .. Property has Underground Storage Tank. Seller requires purchaser to obtain a Caliber Home Loans Pre-Qualification Letter prior to accepting an offer for any non-cash transaction. Please contact Caliber Loan Consultant Ali Walters NMLS # 460238 at 609-910-5411 or e-mail at ali. [email protected] to obtain. Purchaser may use any lender to obtain financing for the purchase. Property is being sold in its present "AS IS" condition, with no warranties and representations by Seller or Listing Broker.

8. 2017-03-27
   status Active 1194-char remark

   Show marketing remark (1194 chars)

   Now's your chance to own a place "Down the Shore"! Just a few blocks from the beach but a block from the bay this 2 story house features laminate flooring downstairs in the LR, DR, Kitchen, Utility Rm & Bath. Upstairs W/ W carpeting in hallway and the 3 Bedrooms, Hall Bath w/ tile and vinyl floors. Convenient Tilt in windows, W/ D too. Nice sized porch for "just hangin out". Centrally located to Atlantic City's casinos, restaurants & shopping; Margate's Nightlife, shopping, dining and water sports. Down the road and over the bridge enjoy Ocean City's Beach, Boardwalk and amusement piers! Could make a nice investment property too. .. Property has Underground Storage Tank. Seller requires purchaser to obtain a Caliber Home Loans Pre-Qualification Letter prior to accepting an offer for any non-cash transaction. Please contact Caliber Loan Consultant Ali Walters NMLS # 460238 at 609-910-5411 or e-mail at ali. [email protected] to obtain. Purchaser may use any lender to obtain financing for the purchase. Property is being sold in its present "AS IS" condition, with no warranties and representations by Seller or Listing Broker.

9. 2017-03-09
   historical Under Contract 1194-char remark

   Show marketing remark (1194 chars)

   Now's your chance to own a place "Down the Shore"! Just a few blocks from the beach but a block from the bay this 2 story house features laminate flooring downstairs in the LR, DR, Kitchen, Utility Rm & Bath. Upstairs W/ W carpeting in hallway and the 3 Bedrooms, Hall Bath w/ tile and vinyl floors. Convenient Tilt in windows, W/ D too. Nice sized porch for "just hangin out". Centrally located to Atlantic City's casinos, restaurants & shopping; Margate's Nightlife, shopping, dining and water sports. Down the road and over the bridge enjoy Ocean City's Beach, Boardwalk and amusement piers! Could make a nice investment property too. .. Property has Underground Storage Tank. Seller requires purchaser to obtain a Caliber Home Loans Pre-Qualification Letter prior to accepting an offer for any non-cash transaction. Please contact Caliber Loan Consultant Ali Walters NMLS # 460238 at 609-910-5411 or e-mail at ali. [email protected] to obtain. Purchaser may use any lender to obtain financing for the purchase. Property is being sold in its present "AS IS" condition, with no warranties and representations by Seller or Listing Broker.

10. 2017-02-18
    price $74,900 1194-char remark

    Show marketing remark (1194 chars)

    Now's your chance to own a place "Down the Shore"! Just a few blocks from the beach but a block from the bay this 2 story house features laminate flooring downstairs in the LR, DR, Kitchen, Utility Rm & Bath. Upstairs W/ W carpeting in hallway and the 3 Bedrooms, Hall Bath w/ tile and vinyl floors. Convenient Tilt in windows, W/ D too. Nice sized porch for "just hangin out". Centrally located to Atlantic City's casinos, restaurants & shopping; Margate's Nightlife, shopping, dining and water sports. Down the road and over the bridge enjoy Ocean City's Beach, Boardwalk and amusement piers! Could make a nice investment property too. .. Property has Underground Storage Tank. Seller requires purchaser to obtain a Caliber Home Loans Pre-Qualification Letter prior to accepting an offer for any non-cash transaction. Please contact Caliber Loan Consultant Ali Walters NMLS # 460238 at 609-910-5411 or e-mail at ali. [email protected] to obtain. Purchaser may use any lender to obtain financing for the purchase. Property is being sold in its present "AS IS" condition, with no warranties and representations by Seller or Listing Broker.

11. 2017-01-18
    price $79,900 1194-char remark

    Show marketing remark (1194 chars)

    Now's your chance to own a place "Down the Shore"! Just a few blocks from the beach but a block from the bay this 2 story house features laminate flooring downstairs in the LR, DR, Kitchen, Utility Rm & Bath. Upstairs W/ W carpeting in hallway and the 3 Bedrooms, Hall Bath w/ tile and vinyl floors. Convenient Tilt in windows, W/ D too. Nice sized porch for "just hangin out". Centrally located to Atlantic City's casinos, restaurants & shopping; Margate's Nightlife, shopping, dining and water sports. Down the road and over the bridge enjoy Ocean City's Beach, Boardwalk and amusement piers! Could make a nice investment property too. .. Property has Underground Storage Tank. Seller requires purchaser to obtain a Caliber Home Loans Pre-Qualification Letter prior to accepting an offer for any non-cash transaction. Please contact Caliber Loan Consultant Ali Walters NMLS # 460238 at 609-910-5411 or e-mail at ali. [email protected] to obtain. Purchaser may use any lender to obtain financing for the purchase. Property is being sold in its present "AS IS" condition, with no warranties and representations by Seller or Listing Broker.

12. 2016-12-09
    listed $86,000 Active 1194-char remark

    Show marketing remark (1194 chars)

    Now's your chance to own a place "Down the Shore"! Just a few blocks from the beach but a block from the bay this 2 story house features laminate flooring downstairs in the LR, DR, Kitchen, Utility Rm & Bath. Upstairs W/ W carpeting in hallway and the 3 Bedrooms, Hall Bath w/ tile and vinyl floors. Convenient Tilt in windows, W/ D too. Nice sized porch for "just hangin out". Centrally located to Atlantic City's casinos, restaurants & shopping; Margate's Nightlife, shopping, dining and water sports. Down the road and over the bridge enjoy Ocean City's Beach, Boardwalk and amusement piers! Could make a nice investment property too. .. Property has Underground Storage Tank. Seller requires purchaser to obtain a Caliber Home Loans Pre-Qualification Letter prior to accepting an offer for any non-cash transaction. Please contact Caliber Loan Consultant Ali Walters NMLS # 460238 at 609-910-5411 or e-mail at ali. [email protected] to obtain. Purchaser may use any lender to obtain financing for the purchase. Property is being sold in its present "AS IS" condition, with no warranties and representations by Seller or Listing Broker.

13. 2016-07-13
    historical
14. 2016-07-06
    historical
15. 2016-06-21
    status Active
16. 2016-05-12
    historical Under Contract - Continue to Show
17. 2016-01-25
    listed $125,000
18. 2015-12-30
    historical
19. 2015-09-26
    price $125,000
20. 2015-08-01
    price $160,000
21. 2015-08-01
    price $163,200
22. 2015-07-14
    listed $125,000
23. 2015-06-24
    price $189,000
24. 2015-05-22
    listed $199,000 Active
25. 2004-05-25
    soldstatus $147,000
26. 2004-05-18
    soldstatus $147,900
27. 2004-03-06
    historical
28. 2003-09-11
    listed $169,900
29. 2000-04-26
    soldstatus $75,000
30. 2000-04-14
    soldstatus $75,000
31. 2000-03-02
    historical
32. 1999-11-29
    listed $79,000
33. 1989-05-02
    soldstatus $81,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NJ · Partial reset (capped growth)

• Current annual tax: $4,544 · $379/mo
• Projected year-2 tax: $7,251 · $604/mo
• Expected delta: +$2,707/yr (+$226/mo · 59.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 10/10 Extreme FEMA zone AE · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 8/10 Severe 7 d/yr ≥95°F today · 16 d/yr by 30 yrs out
• 💨 Wind 8/10 Severe 80% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $65,770
• − Mortgage interest: −$22,401
• − Property taxes: −$4,544
• − Insurance: −$7,118
• − Repairs & maintenance: −$5,262
• − Management: −$5,262
• − Depreciation: −$11,633
• Taxable income: $9,551
• Est. tax owed @ 24.0%: −$2,292
• After-tax cash flow: $12,839/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Ventnor City School District
• NCES district ID: 3416680
• Math proficiency: 27% ▼ -18.00%
• Reading proficiency: 49% ▼ -7.00%
• Median HH income: $52,220
• Composite: 32.96/100
• National rank: #5588
• State rank: #266 of 472 in NJ

Livability — Ventnor City

• Score: 72/100
• State rank: #202
• US rank: #5716

Category grades

Amenities F Commute A- Cost of living F Crime B+ Employment C Housing C Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ventnor City, NJ
• County: Atlantic County · 143,611 people
• City population: 8,972
• Metro: Atlantic City-Hammonton, NJ
• Population (ZIP): 8,972
• Household income: $69,099
• Rent vs Own: 37.2% rent · 62.8% own
• Severe rent burden: 329.0

Population outlook (Atlantic County) Hauer SSP2

• Today (2025): 268,948 people
• By 2030: 264,497 · -1.7%
• By 2040: 252,261 · -6.2%
• By 2050: 237,846 · -11.6%
• By 2075: 210,650 · -21.7%
• By 2100: 180,234 · -33.0%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (70%)
• Race & ethnicity: White 70% Hispanic / Latino 15% Asian 9% Two or more races 9% Black 2%
• Hispanic origin (detail): Mexican 3% Puerto Rican 4% Dominican 1%
• Common ancestry: Romanian 4% Scotch-Irish 3% Iranian 2%
• Foreign-born: 21% · Canada, Jamaica, Vietnam
• Languages at home: 76% English-only · Spanish 10% Other Indo-European 5% Vietnamese 3%

Political lean MEDSL · Atlantic

• 2024 margin: Toss-up / Even · D 47.7% · R 50.7% · Other 1.6%
• 2008→2024 swing: -18.1pp toward R · 2008: 15.1pp · 2024: -3.0pp
• All cycles: 2024: R+3.0 2020: D+6.7 2016: D+6.2 2012: D+17.2 2008: D+15.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -223.99%
• Current HPI: 449.3494
• Rent YoY: ▲ 57.28%
• Metro: Atlantic City-Hammonton, NJ
• State GDP YoY: ▲ 2.05%
• F500 in state: 34

Industry mix (Fortune 500 HQ in NJ)

Industry	F500 HQs	Revenue
▸Consumer Goods	3	$31B
▸Pharmaceuticals	2	$153B
▸Technology	2	$21B
▸Insurance	2	$20B
▸Healthcare	2	$19B
▸Financial Services	1	$70B

Price history

+393.7% since first listed

33 events — show timeline

• 2026-04-30 Contingent — SJSRMLS
• 2026-04-21 Price Changed $399,900 SJSRMLS
• 2026-03-25 Listed $415,000 SJSRMLS
• 2017-05-23 Listing Removed — SJSRMLS
• 2017-05-17 Price Changed $62,000 SJSRMLS
• 2017-04-21 Price Changed $65,900 SJSRMLS
• 2017-03-28 Price Changed $69,900 SJSRMLS
• 2017-03-27 Relisted — SJSRMLS
• 2017-03-09 Contingent — SJSRMLS
• 2017-02-18 Price Changed $74,900 SJSRMLS
• 2017-01-18 Price Changed $79,900 SJSRMLS
• 2016-12-09 Listed $86,000 SJSRMLS
• 2016-07-13 Listing Removed — BRIGHT MLS
• 2016-07-06 Listing Removed — SJSRMLS
• 2016-06-21 Relisted — SJSRMLS
• 2016-05-12 Contingent — SJSRMLS
• 2016-01-25 Listed $125,000 BRIGHT MLS
• 2015-12-30 Listing Removed — BRIGHT MLS
• 2015-09-26 Price Changed $125,000 SJSRMLS
• 2015-08-01 Price Changed $163,200 SJSRMLS
• 2015-08-01 Price Changed $160,000 SJSRMLS
• 2015-07-14 Listed $125,000 BRIGHT MLS
• 2015-06-24 Price Changed $189,000 SJSRMLS
• 2015-05-22 Listed $199,000 SJSRMLS
• 2004-05-25 Sold (Public Records) $147,000 Public Records
• 2004-05-18 Sold (MLS) $147,900 SJSRMLS
• 2004-03-06 Listing Removed — SJSRMLS
• 2003-09-11 Listed $169,900 SJSRMLS
• 2000-04-26 Sold (Public Records) $75,000 Public Records
• 2000-04-14 Sold (MLS) $75,000 SJSRMLS
• 2000-03-02 Listing Removed — SJSRMLS
• 1999-11-29 Listed $79,000 SJSRMLS
• 1989-05-02 Sold (Public Records) $81,000 Public Records

Property tax history

+2.3%/yr

Latest (2025): $4,544 · +3.3% YoY. Source: county tax records.