PRICE REDUCED!! Do not miss this redevelopment opportunity located in the St. Leonard's Tract Historic Neighborhood. Great chance to build new or redevelop the existing dwelling. Seller is reviewing all sale proposals. Terms proposed include an "AS IS" Sale, thirty (30) day closing, Buyer responsible for all Municipal, County, State or other requirements needed obtain a Certificate of Occupancy. Seller would have the right to remove all personal items to include furniture, systems and and appliances currently in the property. 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. Design and Build your Shore home with decks with bay and ocean views views. Ground floor would provide lots of storage and off street parking!! Currently there is a five (5) year 30% real estate tax abatement program available for new constructed compliant homes. There are existing approved architectural plans in place that would need to updated. Plans were developed based on the most recent flood elevation certificate dated 03-17-2017. Seller is entertaining all offers at this time. Showing are by appointment only as interior is under construction.
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
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: $549,000
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Housing Market Comparison
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Property Sales & Tax
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
8
/10
Ventnor Elementary School
400 N Lafayette Ave
Distance between this listing and this school1.19 miles
Public District Grades PK-4
3
/10
Brighton Avenue School
30 N Brighton Ave
Distance between this listing and this school1.60 miles
Public District Grades PK-5
9
/10
William H. Ross III Elementary School
101 N Haverford Ave
Distance between this listing and this school1.74 miles
Public District Grades PK-4
Nearby Schools
6
/10
Richmond Avenue School
4115 Ventnor Ave
Distance between this listing and this school0.84 miles
Public District Grades PK-8
6
/10
Chelsea Heights School
4101 Filbert Ave
Distance between this listing and this school1.01 miles
Public District Grades PK-8
7
/10
Ventnor Middle School
400 N Lafayette Ave
Distance between this listing and this school1.20 miles
Public District Grades 5-8
Nearby Schools
2
/10
Atlantic City High School
1400 N Albany Ave
Distance between this listing and this school1.68 miles
Public District Grades 9-12
2
/10
Pleasantville High School
701 Mill Rd
Distance between this listing and this school5.19 miles
Public District Grades 9-12
5
/10
Mainland Regional High School
1301 Oak Ave
Distance between this listing and this school5.50 miles
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. Most 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 $549,000.
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.
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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 $549,000.
In October 2024, from all listings sold in Ventnor City, NJ there were more than 3 sold above asking price, over 9 sold below and more than 1 were sold right at the asked price. The inventory of homes for sale in Ventnor City, NJ between September 2024 and October 2024 decreased by 6.1%. In October 2024 median list price was $435,000 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.