Ventnor City, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Ventnor City, New Jersey Market population: 10K. Compare commercial properties across all major asset...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Ventnor City NJ Properties: 2.5700%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Ventnor City NJ
Common questions from investors exploring commercial real estate in Ventnor City NJ.
What's the overall investment outlook for Ventnor City, NJ?
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Ventnor City presents a stable investment market, considering its median household income of $54,609, relatively low poverty rate of 10.3%, and high health insurance coverage of 95.1%, which together suggest a reliable tenant base with employment stability. The city's diverse economy, led by industries like Accommodation & Food Services and Health Care & Social Assistance, further supports its investment potential. With a median property value of $283,400 and an average commute time of 24.4 minutes, Ventnor City offers an attractive balance of affordability and accessibility.
How does the demographic makeup of Ventnor City impact real estate investment?
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The demographic profile of Ventnor City, with a median age of 53.4 and a foreign-born rate of 14.1%, indicates a community with a mix of established residents and newcomers, potentially influencing rental demand and property appreciation. The top ethnicities, including White and Hispanic populations, contribute to the city's cultural diversity, which can attract a broad range of tenants. Furthermore, the city's high homeownership rate of 68.2% and low poverty rate suggest a stable and desirable living environment.
What role do commute times and transportation methods play in assessing Ventnor City's investment stability?
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The average commute time of 24.4 minutes in Ventnor City, combined with the prevalence of driving alone (74.1%) and public transit usage (8.5%), indicates well-developed infrastructure that supports both residents who prefer personal vehicles and those who rely on public transportation. This balance, along with the city's health insurance coverage rate of 95.1%, points to a stable workforce and, by extension, a more reliable rental income stream for investors.
How does the income inequality and poverty rate in Ventnor City affect the quality of tenants and investment returns?
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The poverty rate of 10.3% in Ventnor City, while relatively low, must be considered alongside the GINI coefficient of 0.482, which indicates moderate income inequality. However, the high health insurance coverage rate of 95.1% and the median household income of $54,609 suggest that many residents have stable employment and can afford rent, making them quality tenants. Investors should weigh these factors to understand the potential for consistent rental yields and property appreciation.
What insights do the top industries in Ventnor City offer for real estate investors?
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The top industries in Ventnor City, including Accommodation & Food Services, Retail Trade, and Health Care & Social Assistance, signal a diverse economic base that can support a varied tenant pool. This diversity, coupled with the city's median property value of $283,400 and median property taxes of $6,839, provides investors with opportunities to cater to different segments of the rental market, from workers in the service sector to professionals in healthcare, potentially enhancing the stability and attractiveness of investments in Ventnor City.
Ventnor City NJ Real Estate & City Facts
Key facts and real estate information about Ventnor City NJ.
What are some of the best neighborhoods to live in Ventnor City?
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Some of the best neighborhoods to live in Ventnor City include Ventnor Heights, which is a peaceful neighborhood known for its proximity to the bay and beach. Other desirable areas tend to be in the southwest parts of the city, while more affordable homes are in the west regions.
What are some fun things to do in Ventnor City?
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There are plenty of fun things to do in Ventnor City, including visiting the Ventnor City Beach, walking along the 1.7-mile Ventnor City Boardwalk, and exploring the town's multiple playgrounds, ball fields, and public boat launch at Ski Beach. You can also bike the boardwalk, visit Lucy the Elephant, or drive the loop around Forsythe Wildlife refuge.
What is the food scene like in Ventnor City?
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The food scene in Ventnor City is vibrant, with a variety of top-rated restaurants, cafés, and eateries. Some popular spots include Mamma Lena's, Isabella's Ventnor Cafe, Stella, Doma Cafe, Salt & Pepper, Velo Cafe, and Nucky's Kitchen & Speakeasy. There are also plenty of great food trucks and coffee shops, like Remedee Coffee, which roasts its own beans.
What are the pros and cons of living in Ventnor City?
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The pros of living in Ventnor City include its beautiful beaches, vibrant boardwalk, and variety of outdoor recreational activities. However, some cons include the city's relatively high cost of living, traffic during peak season, and limited job opportunities in certain industries. Overall, Ventnor City is a great place to live for those who value a relaxed, coastal lifestyle and are willing to compromise on some amenities.
Is Ventnor City a good place to live?
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Ventnor City is a good place to live for those who enjoy a relaxed, coastal lifestyle and are looking for a strong sense of community. While it may not be the best fit for everyone, particularly those who prioritize a fast-paced, urban environment, the city's beautiful beaches, outdoor recreational activities, and vibrant food scene make it an attractive option for many. Ultimately, whether or not Ventnor City is a good place to live depends on your individual preferences and priorities.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Ventnor City NJ Commercial Property: $54,609
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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