Real Estate

Ventnor Real Estate Market Poised for More Growth

Much is happening in our beloved Ventnor. We think all this new activity will ultimately have a positive impact on both residential and commercial property values. On one side, the relative stabilization of Atlantic City’s finances has helped. Stockton’s new AC Campus & SJ Gas provides a nice visual to those entering this portion of …

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Mercantile License Required for Ventnor Rental Properties

All Ventor property owners that offer short-term rentals (30 days or less) in Ventnor must obtain a mercantile license prior to rental. Ventnor ordinance 2018-044. The rise in online, short-term rentals has prompted the City to require a license in order to ensure code enforcement and public safety oversight can be taken if necessary. The …

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Seaview Harbor Still Wants to Escape EHT, Become Part of Longport.

Seaview Harbor is still trying to leave Egg Harbor Township and become part of Longport. Can ya blame them? EHT taxes are brutal. Seaview Harbor is on the causeway between Longport and EHT, Somers Point  / Ocean City. The waterfront village started a petition process to leave EHT back in 2014. EHT wants to keep …

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New Short-Term Rental Taxes: Good News For Realtors, Bad News for AirBnB and VRBO.

Looks like those looking for a weekly summer rental in Margate or Ventnor are trying to avoid online rental sites like Airbnb, VRBO and Home-Away. These companies have been forced to tack on new fees for 2019. According to emerging reports, this could add up to $800 to your weekly rate. Your mileage may vary. …

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Ventnor AirBnB short term rentals

AirBnB and Short-Term Rental Homes in Ventnor To Face Stricter Laws

Ventnor resident Patrick Klein has a beef with a Ventnor AirBnB. Not all of them, just the crazy one right next to his family home at 404 North Dorset Ave. It’s a nuisance rental home. My biggest enemy right now. Klein starts to worry every Friday…. who’s gonna be my neighbor this weekend? Over 20 people …

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Margate Development Deals Under Fire From Local Taxpayers

Is Margate development headed in the right direction? Are taxpayers getting fair value for their assets? Some MARGATE residents along Amherst Ave don’t think so. In whats been called another dead-of-winter vote when few are around, Commissioners voted YES for ‘conveyance’, aka hand-over, of 7 bayfront parking spots to a private developer in exchange for the builder …

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Downbeach BUZZ Reader Feedback on AirBnB Rental Model

Ventnor businessman John Battista runs a popular Bed & Breakfast called the Carisbrooke Inn.  Ventnor and other Downbeach / Jersey Shore towns are paying closer attention to AirBnB, especially after a crowded New Years Eve party turned violent inside a Ventnor AirBnB rental. The following are some of Battista’s thoughts on the fast, yet bumpy …

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Risk & Reward. Air BnB Vacation Rentals in Margate, Ventnor, Longport.

Is your Margate, Atlantic City, Brigantine or Downbeach home right next to a busy AirBnB rental? A growing number of homeowners are saying YES. Many don’t like that one bit, especially where safety, civility and financial fairness are concerned. Story from DownbeachBUZZ archives. July 2017 Can the Jersey shore take advantage of short-term home rental …

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New Years Eve Party At Ventnor Air BnB Turns Violent

On Tuesday January 1, 2019 at approx 3am, Ventnor City Police Department responded to report of a shooting inside the home along the beach block of Vassar Square Ave. Upon arrival, Ventnor PD encountered a large crowd and located one male victim with multiple gunshot wounds. The victim, a 26-year-old from Hillside (Union County) New…

Downbeach Reader Feedback on Ventnor Vacation Rentals

Glad to hear that unruly behavior has attracted the attention of Ventnor City Hall. Caution is needed before jumping into over-regulation. It can backfire and have unintended consequences. It can burden the property owner. It can damage Ventnor property values. I think this Ventnor rental conversation results from derelict properties attracting derelict tenants. The current…

ventnor rental vacation

Ventnor Commissioners Want Rentals To Pay Mercantile Fee

Ventnor property owners who rent their homes on a short-term basis, may soon be required to obtain a mercantile license. The proposed ordinance was introduced at the Dec. 13 Ventnor Commissioners meeting. Ventnor Commissioners want to track & regulate short-term rentals. Over-crowding, noise and other, unruly renter behavior may hopefully be curtailed by this ordinance. …

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Ventnor Plaza & Wellington Ave Targeted For Redevelopment

One of Ventnor’s primary gateways could be getting an upgrade. Wellington Ave. Substantial vehicular traffic could and SHOULD boost the Ventnor Plaza shopping area. Even with ACME as prime anchor business, this Ventnor shopping plaza has suffered from multiple retail vacancies, for many years. Liquor store, US Post Office, Island Gym, Dollar General, Sprint phone …

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Ventnor Square Movie Theater Get’s OK From Planning Board

Check out the updated plans for the Ventnor Square Movie Theater, under construction now on Ventnor Ave. The interior of the 1920’s era structure has already been gutted. It’s now ready for the next step of construction. The final site plans were voted-in unanimously by all Ventnor City Planning Board members on Dec. 12, 2018. …

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Amherst Residents Last Chance to Stop Margate City Bayfront Deal

Amherst Ave residents in Margate are asking to share the following information in regards to development along the bayfront. The Margate Homeowners Association is also recommending that residents attend the THURSDAY DEC 20 commissioner meeting. Statement from Amherst residents in Margate is as follows: On December 20, Commissioners are expected to adopt an ordinance that gives …

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