NOT LISTED FOR SALE

Estimated Value: $241,000 - $267,000

2 Beds
1 Bath
1,494 Sq Ft
$171/Sq Ft Est. Value

Last Sold June 22, 2021

Last sale price $72,500 $49 Per Sq Ft

Est. 260% increase in value since last sale

Current estimated payment $1,737/month

About This Home

As of November 2023

Corner duplex on main st at the corner of Marmora and N. Ohio near Venice Park and the Penrose Canal. Right now both the 1st floor unit and second floor unit area vailable at the same price. Each unit is a 2bdrm 1 bthrm unit and features gas hot water heating and gas cooking. There is street parking all along Ohio ave and Marmora ave. Behind the property are two small Garages also available to lease at $100 per unit to an existing tenant. or $125.00 a month to non-tenants.

Last Agent to Rent the Property

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC License #0566410 Listed on: 06/17/2023

WEICHERT REALTORS ASBURY GROUP-AC

Last Renter's Agent

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC License #0566410 Listed on: 06/17/2023

WEICHERT REALTORS ASBURY GROUP-AC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,687

Year Built

  • 1924

Lot Details

  • 1,307

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Stucco

Kitchen

  • Self-Cleaning Oven
  • Stove

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Baseboard Heating
  • Hot Water Heating System

Additional Features

  • Laminate Flooring
  • Corner Lot

Community Details

Recreation

  • Community Boardwalk

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,687

Year Built

1924

Lot Details

0

Rental Info

  • Pets Allowed: No Pets Allowed
  • Lease Duration Options: Yearly
  • Lease Duration: Yearly
  • Annual Price per Month: 1400

Listing Details

  • Class: Rental Non-Commercial
  • Type: Duplex (Rental)
  • Lvt Date: 06/17/2023
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1924

Interior Features

  • Appliances: Gas Stove, Refrigerator, Self Cleaning Oven
  • Flooring: Laminate Flooring
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm
  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Outside Features: Curbs, Paved Road, Sidewalks
  • Siding Exterior: Stucco

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Baseboard, Hot Water, Radiator
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Boardwalk Area, Corner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 18, 2023
Sold by
Atlantic County Inv Llc
Bought by
Ndml Realty-Re1 1 Llc
Current Estimated Value
$261,169

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Outstanding Balance
$156,835
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$98,342

Purchase Details

Closed on
Sep 20, 2022
Sold by
Nj Holding Group Llc
Bought by
Atlantic County Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,002
Interest Rate
6.95%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 22, 2021
Sold by
1036 Ohio Avenue Llc
Bought by
Nj Holding Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
3.11%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2017
Closed on
Aug 24, 2017
Sold by
Catrickes Sarantoula and Catrickes Peter C
Bought by
1036 Ohio Avenue Llc
Seller's Agent
Rajan Khullar
BHHS FOX and ROACH-Northfield
Buyer's Agent
Rajan Khullar
BHHS FOX and ROACH-Northfield
List Price
$37,000
Sold Price
$37,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.45%
Original Mortgage
$37,139
Interest Rate
3.92%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 2, 2008
Sold by
Us Bank National Association
Bought by
Catrickes Sarantoula and Catrickes Peter C

Purchase Details

Closed on
Jun 26, 2008
Sold by
Property Asset Management Inc
Bought by
U S Bank National Association and Rlt 2008-2

Purchase Details

Closed on
Dec 26, 2007
Sold by
Sarder Karim
Bought by
Property Asset Management Inc

Purchase Details

Closed on
Dec 19, 2006
Sold by
Chowdhury Nooruddin
Bought by
Karim Sarder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 11, 2004
Sold by
Taylor Esther
Bought by
Chowdhury Nooruddin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.71%
Mortgage Type
Unknown
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 Buyer Sale Price Title Company
Ndml Realty-Re1 1 Llc $230,000 Foundation Title
Atlantic County Investments Llc $139,000 Cornerstone Title Agency Llc
Nj Holding Group Llc $72,500 Fidelity National Title
1036 Ohio Avenue Llc $37,000 None Available
Catrickes Sarantoula $55,000 The Title Company Of Jersey
U S Bank National Association -- The Title Company Of Jersey
Property Asset Management Inc -- Land Title Services Nj Inc
Karim Sarder $300,000 --
Chowdhury Nooruddin $160,000 --
Chowdhury Nooruddin $160,000 --
Chowdhury Nooruddin $160,000 Fidelity National Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ndml Realty-Re1 1 Llc $161,000
Previous Owner Atlantic County Investments Llc $119,002
Previous Owner Nj Holding Group Llc $72,250
Previous Owner 1036 Ohio Ave Llc $89,000
Previous Owner 1036 Ohio Avenue Llc $37,139
Previous Owner Karim Sarder $305,000
Previous Owner Chowdhury Nooruddin $180,000
Previous Owner Chowdhury Nooruddin $180,000
Closed Chowdhury Nooruddin $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2023 11/01/23 Rented -- -- --
06/17/2023 06/17/23 For Rent $1,400 0.0% --
06/22/2021 06/22/21 Sold $72,500 -21.5% $49 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/11/2021 05/11/21 Price Changed $92,400 -1.1% $62 / Sq Ft
03/24/2021 03/24/21 For Sale $93,400 0.0% $63 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $93,400 0.0% $63 / Sq Ft
02/02/2021 02/02/21 Pending -- -- --
01/15/2021 01/15/21 Price Changed $93,400 -0.5% $63 / Sq Ft
01/05/2021 01/05/21 For Sale $93,900 0.0% $63 / Sq Ft
10/27/2020 10/27/20 Price Changed $93,900 -2.1% $63 / Sq Ft
10/15/2020 10/15/20 Price Changed $95,900 -1.0% $64 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $96,900 0.0% $65 / Sq Ft
09/03/2020 09/03/20 Pending -- -- --
01/17/2020 01/17/20 Price Changed $96,900 -1.0% $65 / Sq Ft
11/13/2019 11/13/19 Price Changed $97,900 -3.9% $66 / Sq Ft
10/16/2019 10/16/19 For Sale $101,900 +175.4% $68 / Sq Ft
08/24/2017 08/24/17 Sold $37,000 0.0% $25 / Sq Ft
08/08/2017 08/08/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $37,000 -- $25 / 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
2024 $3,687 $106,800 $20,100 $86,700
2023 $4,034 $106,800 $20,100 $86,700
2022 $4,034 $106,800 $20,100 $86,700
2021 $4,166 $106,800 $20,100 $86,700
2020 $4,202 $106,800 $20,100 $86,700
2019 $1,992 $50,000 $20,000 $30,000
2018 $1,767 $50,000 $20,000 $30,000
2017 $1,711 $50,000 $20,000 $30,000
2016 $1,930 $50,000 $20,000 $30,000
2015 $2,053 $60,000 $30,000 $30,000
2014 $2,511 $75,000 $45,000 $30,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 575054

South Jersey Shore Regional MLS

APN: 02-00653-0000-00014