NOT LISTED FOR SALE

101 S Newark Ave Ventnor City, NJ 08406

Estimated Value: $1,507,075 - $2,158,000

5 Beds
3 Baths
-- Sq Ft
3,136 Sq Ft Lot

Last Sold August 03, 2020

Last sale price $925,000

Est. 99% increase in value since last sale

Current estimated payment $11,545/month

26 Days on Market

Highlights

  • Water Views
  • Deck
  • Main Floor Primary Bedroom
  • Building is beachfront but unit may not have water views
  • Wood Flooring
  • Sun or Florida Room

About This Home

As of August 2020

This totally renovated, sunny & bright beach block home boasts ocean views from every deck. The first floor features spacious living room with gleaming hardwood floors and a beautiful stone fireplace, an expansive dining room, new kitchen with granite counters & stainless steel appliances, stunning front sunroom, two first floor bedrooms (large enough to be used as a 1st floor master bedroom) and a full bathroom. The second floor includes three expansive bedrooms and two full baths. The master suite boasts an expansive deck with stunning ocean views and a private full bath. Exterior highlights include a private backyard deck, a sunny covered front porch, an enclosed outdoor shower, a detached one car garage, plus parking for 2-3 cars. Located on a large corner lot, just steps from the beach, this is the perfect summer getaway or year round residence!

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 06/19/2020

NEW ERA REAL ESTATE-B

Co-Listed By

Sean Tannehill

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Jeff Senges

BHHS FOX and ROACH-Marlton

BHHS FOX and ROACH-Marlton

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,520

Lot Details

  • Lot Dimensions are 50' x 62.5
  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Sprinkler System

Parking

  • 1 Car Detached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Drapes & Rods
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Den
  • Sun or Florida Room
  • Storage
  • Water Views
  • Storage In Attic

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Stone or Rock in Basement

Home Security

  • Burglar Security System
  • Storm Screens
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,520

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Also Includes: Blinds, Curtains
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Built-In, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Security System, Storage, Smoke/Fire Alarm
  • Bedrooms: 5
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Main
  • Bedroom 5: On Level: Main
  • Full Bathrooms: 3
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Upper
  • Bathroom 3 Level: Upper
  • Basement: 6 Ft. Or More Head Room, Finished, Full, Heated, Inside Entrance, Masonry Floor/Wall
  • Dining Room: On Level: Main
  • Family Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen, Florida Room, Laundry/Utility Room, Pantry, Storage Attic, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Deck, Outside Shower, Porch, Sprinkler System
  • Siding Exterior: Vinyl
  • Storm Screens: Insulated Glass, Screens

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car, Detached Garage
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block, Corner, Water View
  • Lot Dimensions: 50' x 62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2016
Closed on
Mar 14, 2016
Sold by
Sonabend Kenneth and Sonabend Berverly
Bought by
Berman Gail O and Berman Mark L
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
List Price
$830,000
Sold Price
$830,000
Current Estimated Value
$1,843,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,013,519
Avg. Annual Appreciation
8.65%
Original Mortgage
$664,000
Outstanding Balance
$523,938
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,319,581

Purchase Details

Listed on
Jul 1, 2013
Closed on
Jan 16, 2014
Sold by
Goldstein Ronne
Bought by
Sonabend Kenneth M and Sonabend Beverly
Seller's Agent
Maxine Greenberg
BHHS FOX and ROACH-Margate
Buyer's Agent
Maxine Greenberg
BHHS FOX and ROACH-Margate
List Price
$640,000
Sold Price
$640,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%

Purchase Details

Closed on
Sep 29, 2004
Sold by
Goldstein Leonard J and Goldstein Ronne C
Bought by
Leonard & Ronne Goldstein Irrevocable Tr

Purchase Details

Closed on
May 12, 2000
Sold by
Cooperman Joel D and Cooperman Gail T
Bought by
Goldstein Leonard J and Goldstein Ronne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8.48%

Purchase Details

Closed on
Aug 24, 1990
Sold by
Isdaner Marc R and Isdaner Dawnna
Bought by
Cooperman Joel D and Cooperman Gail T

Purchase Details

Closed on
Oct 24, 1988
Sold by
Vignola John J and Vignola Veroncia M
Bought by
Isdaner Marc R and Isdaner Dawnna
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Berman Gail O $830,000 Intinity Title Agency Inc
Sonabend Kenneth M $640,000 None Available
Leonard & Ronne Goldstein Irrevocable Tr -- Surety Title Corporation
Goldstein Leonard J $470,000 Surety Title Corporation
Cooperman Joel D $390,000 --
Isdaner Marc R $285,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Berman Gail O $664,000
Previous Owner Goldstein Leonard J $252,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2020 08/03/20 Sold $925,000 0.0% --
07/15/2020 07/15/20 Pending -- -- --
06/19/2020 06/19/20 For Sale $925,000 +11.4% --
03/18/2016 03/18/16 Sold $830,000 0.0% -- View Prior Sale
01/19/2016 01/19/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $830,000 +29.7% --
01/17/2014 01/17/14 Sold $640,000 0.0% -- View Prior Sale
12/01/2013 12/01/13 Pending -- -- --
08/23/2013 08/23/13 Rented -- -- --
07/24/2013 07/24/13 Under Contract -- -- --
07/01/2013 07/01/13 For Sale $640,000 0.0% --
01/14/2013 01/14/13 For Rent -- -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $22,520 $824,000 $587,000 $237,000
2024 $22,520 $824,000 $587,000 $237,000
2023 $21,193 $824,000 $587,000 $237,000
2022 $21,193 $824,000 $587,000 $237,000
2021 $21,325 $824,000 $587,000 $237,000
2020 $19,427 $749,800 $587,000 $162,800
2019 $19,382 $749,800 $587,000 $162,800
2018 $19,750 $749,800 $587,000 $162,800
2017 $19,855 $749,800 $587,000 $162,800
2016 $15,389 $704,000 $615,000 $89,000
2015 $16,548 $764,000 $675,000 $89,000
2014 $15,731 $764,000 $675,000 $89,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 538211

South Jersey Shore Regional MLS

APN: 22-00034-0000-00006