$375,000
SOLD SEP 3, 2020

102 S Oakland Ave Ventnor City, NJ 08406

0.07 Acre
$5,357,143 Price per Acre
3,049 Sq Ft Lot

Recently Sold

5% Below List Price

55 Days on Market

Highlights

  • Water Views
  • Building is beachfront but unit may not have water views
  • Corner Lot

About This Lot

As of November 2024

LOOK AT THIS INCREDIBLE DEAL FOR A BEACH BLOCK LOT IN VENTNOR. Located just 5 houses from the beach and Ventnor boardwalk, could be the home of your dreams! Build a single family home or a LEGAL DUPLEX with ocean views! Ventnor is continuously developing due to AC rejuvenation, Stockton, and resurgence of investment in AC and Atlantic county! This is a great opportunity for a family beach home or a wonderful investment opportunity...the possibilities are endless! IMPORTANT: NEW OWNER may apply to obtain a "Certificate of Non-Conformity from the City of Ventnor which WILL ALLOW them to BUILD a LEGAL DUPLEX!!!

Last Agent to Sell the Property

Mark Arbeit

NEW ERA REAL ESTATE-B License #0683154 Listed on: 08/22/2019

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Anthony Marotta

KELLER WILLIAMS REALTY JERSEY SHORE-Margate License #0999715

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,979

Lot Details

  • 3,049 Sq Ft Lot
  • Lot Dimensions are 50' x 62.5'
  • Building is beachfront but unit may not have water views
  • Corner Lot
  • Cleared Lot
  • Property is zoned Duplex, Mixed Use, Multi Family

Additional Features

  • Water Views
  • Gas Available

Community Details

  • Community Boardwalk

Property Details

Property Type

Land

Est. Annual Taxes

$11,979

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 08/22/2019
  • Development Status: Buildable Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Utilities

  • Utilities Available: Cable, Electric, Gas, Sewer, Water

Lot Info

  • Location: Beach Block, Corner, Boardwalk Area, Water View
  • Lot Dimensions: 50' X 62.5'
  • Number Of Acres: 0.07
  • Number Of Lots: One
  • Topography: Cleared
  • Zoning: Duplex, Mixed Use, Multi Family, Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2024
Closed on
Nov 15, 2024
Sold by
Logoitorg Llc
Bought by
Bowman Helen Y and Bowman Daniel Kough
Seller's Agent
Bobby Borislav Todorov
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
Buyer's Agent
Kelly Morley
MARCHESE REAL ESTATE, LLC
List Price
$2,750,000
Sold Price
$2,585,000
Premium/Discount to List
-$165,000
-6%
Views
37
Current Estimated Value
$2,660,280

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,280
Avg. Annual Appreciation
9.77%
Original Mortgage
$2,068,000
Outstanding Balance
$2,057,102
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$694,413

Purchase Details

Listed on
Aug 22, 2019
Closed on
Sep 3, 2020
Sold by
Caputo Stephen C
Bought by
Logoit Org Llc
Seller's Agent
Mark Arbeit
NEW ERA REAL ESTATE-B
Buyer's Agent
Anthony Marotta
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$395,000
Sold Price
$375,000
Premium/Discount to List
-$20,000
-5.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
58.35%

Purchase Details

Closed on
Mar 16, 2020
Sold by
Caputo Stephen C and Caputo Samuel S
Bought by
Caputo Stephen C
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Deed $2,585,000 Foundation Title
Deed $375,000 Surety Title
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $2,068,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $2,585,000 -3.4% --
09/30/2024 09/30/24 Pending -- -- --
07/03/2024 07/03/24 Price Changed $2,675,000 -2.7% --
05/07/2024 05/07/24 For Sale $2,750,000 +633.3% --
09/03/2020 09/03/20 Sold $375,000 -5.1% --
10/16/2019 10/16/19 Pending -- -- --
08/22/2019 08/22/19 For Sale $395,000 -- --
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
2024 $11,979 $438,300 $438,300 $0
2023 $11,273 $438,300 $438,300 $0
2022 $11,273 $438,300 $438,300 $0
2021 $11,343 $438,300 $438,300 $0
2020 $11,106 $438,300 $438,300 $0
2019 $11,080 $438,300 $438,300 $0
2018 $11,295 $438,300 $438,300 $0
2017 $14,658 $563,000 $438,300 $124,700
2016 $13,463 $627,300 $425,000 $202,300
2015 $13,337 $627,300 $425,000 $202,300
2014 $12,666 $627,300 $425,000 $202,300
Source: Public Records

Agents Affiliated with this Home

  • Bobby Borislav Todorov

    Seller's Agent in 2024

    Bobby Borislav Todorov

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 287-5859

    46 Total Sales

    Bobby Borislav Todorov
    Section Image
  • Kelly Morley

    Buyer's Agent in 2024

    Kelly Morley

    MARCHESE REAL ESTATE, LLC

    (609) 241-5141

    21 Total Sales

    Kelly Morley
    Section Image
  • Mark Arbeit

    Seller's Agent in 2020

    Mark Arbeit

    RE/MAX Platinum Properties

    (609) 402-5885

    66 Total Sales

    Mark Arbeit
    Section Image
  • Anthony Marotta

    Buyer's Agent in 2020

    Anthony Marotta

    KELLER WILLIAMS REALTY JERSEY SHORE-Margate

    (609) 412-6668

    159 Total Sales

    Anthony Marotta
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 526872

South Jersey Shore Regional MLS

APN: 22-00006-0000-00008

New Jersey Atlantic County Ventnor City 08406

102 S Oakland Ave, Ventnor City, NJ

This home is located at 102 S Oakland Ave, Ventnor City, NJ 08406 and is currently priced at $375,000. 102 S Oakland Ave is a home located in Atlantic County with nearby schools including Ventnor Elementary School, Ventnor Middle School, and St. James Elementary School.

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South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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