$35,000
SOLD AUG 1, 2013
-- Bed
-- Bath
1,957 Sq Ft
828 Sq Ft Lot

Recently Sold

$18 Per Sq Ft

148 Days on Market

Highlights

  • Beach Access
  • Enclosed Patio or Porch
  • Wood Siding
  • Building is beachfront but unit may not have water views

About This Home

As of August 2013

Rooming house with 10 units located beach block in Atlantic City. Each floor has 3 full bathrooms and each room is cable ready. First floor - 2 rooms, second floor - 4 rooms, third floor - 4 rooms. Great investment and income potential.

Last Agent to Sell the Property

Ashley Franchini

Soleil Sotheby's International Realty - A Listed on: 11/19/2012

Soleil Sotheby's International Realty - A

Last Buyer's Agent

Irene Foley-Chort

BHHS FOX and ROACH-Northfield License #7843311

BHHS FOX and ROACH-Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,984

Lot Details

  • Lot Dimensions are 17 x 47
  • Building is beachfront but unit may not have water views

Home Design

  • Brick Exterior Construction
  • Wood Siding
  • Aluminum Siding

Outdoor Features

  • Beach Access
  • Enclosed Patio or Porch

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

Overview

  • 10 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,984

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: 6 Ft. Or More Head Room, Unfinished

Exterior Features

  • Outside Features: Beach Access, Boardwalk Access, Curbs, Needs Work, Porch-Enclosed, Sidewalks
  • Siding Exterior: Aluminum, Brick, Wood
  • Storm Screens: Combination

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 17 x 47

Rental Info

  • Rental Information: Monthly, Weekly

Multi Family

  • Number Of Units: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 5, 2021
Sold by
City Of Atlantic City
Bought by
102 S Ocean Llc

Purchase Details

Listed on
Nov 19, 2012
Closed on
Aug 23, 2013
Sold by
Nguyen Joseph
Bought by
Ocean Comete Llc
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
Irene Foley-Chort
BHHS FOX and ROACH-Northfield
List Price
$35,000
Sold Price
$35,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.69%

Purchase Details

Listed on
Nov 19, 2012
Closed on
Jul 26, 2013
Sold by
102 Ocean Ave Llc
Bought by
Nguyen Joseph
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
Irene Foley-Chort
BHHS FOX and ROACH-Northfield
List Price
$35,000
Sold Price
$35,000

Purchase Details

Closed on
Apr 17, 2012
Sold by
Hartnett John R and Sj Financial Corp
Bought by
102 Ocean Ave Llc

Purchase Details

Closed on
Aug 1, 2000
Sold by
1St Portland Corp
Bought by
Hartnett John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.21%

Purchase Details

Closed on
Nov 12, 1998
Sold by
Lieberman Gloria H
Bought by
First Portland Corp
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 $62,500 Surety Title
Bargain Sale Deed -- None Available
Bargain Sale Deed $35,000 Old Republic National Title
Sheriffs Deed -- Foundation Title Llc
Bargain Sale Deed -- Citizens Title Ins Agency In
Deed $2,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $209,250 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $50,000 No Value Available
Previous Owner $36,048 Unknown
Previous Owner $150,000 Unknown
Previous Owner $109,000 Balloon
Previous Owner $50,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $599,900 +1614.0% --
08/01/2013 08/01/13 Sold $35,000 0.0% $18 / Sq Ft
04/16/2013 04/16/13 Pending -- -- --
11/19/2012 11/19/12 For Sale $35,000 -- $18 / Sq Ft
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 $3,984 $115,400 $53,200 $94,700
2024 $3,984 $115,400 $53,200 $94,700
2023 $3,101 $82,100 $53,200 $28,900
2022 $3,101 $82,100 $53,200 $28,900
2021 $3,277 $82,100 $53,200 $28,900
2020 $3,277 $82,100 $53,200 $28,900
2019 $4,596 $125,000 $77,700 $47,300
2018 $4,596 $125,000 $77,700 $47,300
2017 $4,276 $125,000 $77,700 $47,300
2016 $4,825 $125,000 $77,700 $47,300
2015 $6,509 $190,200 $142,900 $47,300
2014 $6,368 $190,200 $142,900 $47,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 404327

South Jersey Shore Regional MLS

APN: 02-00054-0000-00062