NOT LISTED FOR SALE

109 S Washington Ave Ventnor City, NJ 08406

Estimated Value: $2,613,000 - $3,690,000

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

Last Sold September 18, 2023

Last sale price $2,600,000

Est. 23% increase in value since last sale

Current estimated payment $19,652/month

11 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Main Floor Primary Bedroom
  • Den
  • Wood Flooring
  • Great Room
  • 1 Car Attached Garage

About This Home

As of September 2023

Located at the Gateway to the Ventnor boardwalk and second from the beach this 5 bedroom, 5 bath multi story home is the epitome of beach living. Enjoy and relax or entertain to the max from tri-level decking with sweeping southern exposure ocean views. Upside down living, highlights of the first floor include hardwood flooring, recessed ceilings, wainscoting with 3 bedrooms, 2 full bathrooms and laundry area. Hand crafted wood staircase leads to a mezzanine bedroom and full bath. The full second floor includes living area with a private office/den, generous combined living area with gas fireplace with dining and kitchen, all overlooking the boardwalk and beach .The third floor is the primary bedroom with spacious full bath, additional washer and dryer and private deck. Additional highlights include 3 zone HVAC, newer roofing, 3-4 car parking and garage along with an enclosed outdoor shower and full basement.

Last Agent to Sell the Property

Joseph DiLorenzo

DILORENZO REALTY GROUP, LLC Listed on: 07/07/2023

Last Buyer's Agent

Rene Kane

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,657

Lot Details

  • Lot Dimensions are 50x62.5
  • Building is beachfront but unit may not have water views

Home Design

  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Gas Log Fireplace
  • Drapes & Rods
  • Blinds
  • Great Room
  • Dining Room
  • Den
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Car Attached Garage
  • Stone Driveway

Pool

  • Outdoor Shower

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,657

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 21 To 25 Years
  • Also Includes: Blinds, Curtains, Drapes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log
  • Flooring: Hardwood, W/W Carpet
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Basement: Full
  • Other Rooms: Den/Tv Room, Dining Room, Great Room, Laundry/Utility Room, Primary Br On 1st Floor

Exterior Features

  • Outside Features: Outside Shower
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Stone
  • Garage: One Car, Attached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 50x62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2023
Closed on
Sep 7, 2023
Sold by
Dralle James and Dralle Donna
Bought by
Biscardi Gaeton and Biscardi Stacy
Seller's Agent
Joseph DiLorenzo
DILORENZO REALTY GROUP, LLC
Buyer's Agent
Rene Kane
BHHS FOX and ROACH-Margate
List Price
$2,795,000
Sold Price
$2,600,000
Premium/Discount to List
-$195,000
-6.98%
Views
14
Current Estimated Value
$3,187,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$587,104
Avg. Annual Appreciation
10.13%

Purchase Details

Closed on
Oct 16, 2001
Sold by
Goldstein Mark and Goldstein Judi
Bought by
Dralle James and Dralle Donna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
6.82%

Purchase Details

Closed on
May 12, 2000
Sold by
Schaffer Linda and Broome Helen Livingston
Bought by
Goldstein Mark and Goldstein Judi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
8.12%

Purchase Details

Closed on
Mar 22, 1999
Sold by
Salzman Steven
Bought by
Schaffer Linda
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
Biscardi Gaeton $2,600,000 Trident Land Transfer
Dralle James $1,100,000 --
Goldstein Mark $400,000 --
Schaffer Linda -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dralle James $880,000
Previous Owner Goldstein Mark $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/18/2023 09/18/23 Sold $2,600,000 -7.0% --
07/18/2023 07/18/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $2,795,000 -- --
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
2025 $35,657 $1,304,700 $587,000 $717,700
2024 $35,657 $1,304,700 $587,000 $717,700
2023 $30,128 $1,171,400 $587,000 $584,400
2022 $30,128 $1,171,400 $587,000 $584,400
2021 $30,316 $1,171,400 $587,000 $584,400
2020 $30,351 $1,171,400 $587,000 $584,400
2019 $30,281 $1,171,400 $587,000 $584,400
2018 $30,855 $1,171,400 $587,000 $584,400
2017 $31,019 $1,171,400 $587,000 $584,400
2016 $32,405 $1,482,400 $950,000 $532,400
2015 $32,109 $1,482,400 $950,000 $532,400
2014 $30,523 $1,482,400 $950,000 $532,400
Source: Public Records

Agents Affiliated with this Home

  • Joseph DiLorenzo

    Seller's Agent in 2023

    Joseph DiLorenzo

    DILORENZO REALTY GROUP, LLC

    (609) 226-9634

    2 in this area

    25 Total Sales

    Joseph DiLorenzo
    Section Image
  • Rene Kane

    Buyer's Agent in 2023

    Rene Kane

    BHHS Fox & Roach

    (609) 703-8592

    64 in this area

    229 Total Sales

    Rene Kane
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 575876

South Jersey Shore Regional MLS

APN: 22-00042-0000-00001-02

New Jersey Atlantic County Ventnor City 08406

109 S Washington Ave, Ventnor City, NJ

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