NOT LISTED FOR SALE

113 N Harvard Ave Ventnor City, NJ 08406

Estimated Value: $590,000 - $654,122

-- Bed
-- Bath
-- Sq Ft
3,746 Sq Ft Lot

Last Sold May 17, 2024

Last sale price $555,000

Est. 14% increase in value since last sale

Current estimated payment $3,991/month

57 Days on Market

Highlights

  • Deck
  • Eat-In Kitchen
  • Laundry Room
  • Loft
  • Living Room
  • Shed

About This Home

As of May 2024

Excellent opportunity to own a duplex in Ventnor!  Fully occupied with a fantastic income stream! Located on an OVERSIZED LOT 60x62.5, opportunities are endless! Rent out both units, live in one and rent out the other, or tear down and build side-by-sidetownhomes, in this R7 zoned area, or potentially get a variance to build two single family homes. The ground floor unit features 3 bedrooms and a full bath. The open layout features a breakfast bar in the kitchen and leads to the living room and the 3 bedrooms and full bath. The second floor unit features an open layout with 3 bedrooms and a full bath. You'll be welcomed by a cheerful large porch to relax & enjoy the beach air.  The kitchen has vaulted ceilings and the spiral staircase leads to an additional loft area that can be used as an office space or additional bedroom! 2 off street parking spots and large yard to entertain. Fully occupied with a fantastic income stream! Wonderful tenants in both units. 1st floor tenant pays $1,900 per month. Lease ends 6/30/24. 2nd floor tenant pays $2,450 per month. Lease ends 11/30/24. Great location, walk to the BEACH & BOARDWALK, and all the best stores and restaurants!!

Last Agent to Sell the Property

Sarah Abelow

BHHS FOX and ROACH-Margate Listed on: 02/21/2024

BHHS FOX and ROACH-Margate

Co-Listed By

Paula Hartman

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Alison Snyder

GARDEN STATE PROPERTIES GROUP

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,477

Lot Details

  • Lot Dimensions are 60x62.5

Parking

  • 2 Parking Spaces

Home Design

  • Duplex
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Dining Area
  • Loft
  • Crawl Space
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Shed

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,477

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 02/21/2024
  • Age: 25+ Years
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Living Room, Loft

Exterior Features

  • Outside Features: Curbs, Deck, Shed, Sidewalks
  • Siding Exterior: Stucco
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 60x62.5

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2024
Closed on
May 17, 2024
Sold by
113 Harvard Llc
Bought by
Snyder Alison
Seller's Agent
Sarah Abelow
BHHS FOX and ROACH-Margate
Buyer's Agent
Alison Snyder
GARDEN STATE PROPERTIES GROUP
List Price
$649,000
Sold Price
$555,000
Premium/Discount to List
-$94,000
-14.48%
Views
117
Current Estimated Value
$634,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$79,531
Avg. Annual Appreciation
11.03%
Original Mortgage
$499,500
Outstanding Balance
$493,223
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$141,308

Purchase Details

Listed on
May 3, 2021
Closed on
Jun 11, 2021
Sold by
Danna Anthony S and The Gene W Evans Revocable Tru
Bought by
113 Harvard Llc
Seller's Agent
Matthew Pauls
Compass New Jersey-Ocean City (O463E)
Buyer's Agent
Matthew Pauls
Compass New Jersey-Ocean City (O463E)
List Price
$380,000
Sold Price
$380,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.80%

Purchase Details

Listed on
Nov 19, 2016
Closed on
Mar 1, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Danna Anthony S and Gene Evans Revocable Trust
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$179,900
Sold Price
$150,340
Premium/Discount to List
-$29,560
-16.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.19%

Purchase Details

Listed on
Nov 19, 2016
Closed on
Feb 28, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gene Evans Revocable Trust
Seller's Agent
Edward Augsberger
COASTAL ELITE REALTY
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$179,900
Sold Price
$150,340
Premium/Discount to List
-$29,560
-16.43%

Purchase Details

Closed on
Jun 7, 2016
Sold by
Balles Sheriff Frank X
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Jan 17, 1997
Sold by
Lemoniotis Dimitrios M
Bought by
Montesinos Sergio B and Montesinos Irma J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,300
Interest Rate
7.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 24, 1991
Sold by
Peterson Sr Ashmen M and Peterson Walls,K
Bought by
Lemoniotis Dimitrios M
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
Snyder Alison $555,000 None Listed On Document
113 Harvard Llc $380,000 Surety Title Company
Danna Anthony S $150,340 None Available
Gene Evans Revocable Trust $150,340 None Available
Federal Home Loan Mortgage Corp $1,000 --
Montesinos Sergio B $114,000 The Title Company
Lemoniotis Dimitrios M $112,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Snyder Alison $499,500
Previous Owner Montesinos Sergio $228,500
Previous Owner Montesinos Sergio B $109,000
Previous Owner Montesinos Sergio B $15,211
Previous Owner Montesinos Sergio B $102,572
Previous Owner Montesinos Sergio B $106,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $555,000 -14.5% --
04/18/2024 04/18/24 Pending -- -- --
02/21/2024 02/21/24 For Sale $649,000 0.0% --
12/01/2023 12/01/23 Rented -- -- --
10/20/2023 10/20/23 Price Changed $2,450 -10.9% --
08/18/2023 08/18/23 Price Changed $2,750 -8.3% --
07/21/2023 07/21/23 For Rent $3,000 -69.4% --
05/25/2023 05/25/23 Rented -- -- --
01/13/2023 01/13/23 For Rent $9,800 +22.5% --
02/16/2022 02/16/22 Rented -- -- --
11/23/2021 11/23/21 For Rent $8,000 +263.6% --
09/20/2021 09/20/21 Rented -- -- --
08/10/2021 08/10/21 For Rent $2,200 0.0% --
06/11/2021 06/11/21 Sold $380,000 0.0% --
05/19/2021 05/19/21 Pending -- -- --
05/03/2021 05/03/21 For Sale $380,000 +152.8% --
03/01/2017 03/01/17 Sold $150,340 -16.4% --
01/30/2017 01/30/17 Pending -- -- --
11/19/2016 11/19/16 For Sale $179,900 -- --
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 $6,477 $282,500 $151,100 $131,400
2024 $6,477 $237,000 $151,100 $85,900
2023 $6,096 $237,000 $151,100 $85,900
2022 $6,096 $237,000 $151,100 $85,900
2021 $6,134 $237,000 $151,100 $85,900
2020 $6,141 $237,000 $151,100 $85,900
2019 $6,126 $237,000 $151,100 $85,900
2018 $6,243 $237,000 $151,100 $85,900
2017 $6,276 $237,000 $151,100 $85,900
2016 $9,092 $415,900 $355,000 $60,900
2015 $9,008 $415,900 $355,000 $60,900
2014 $8,563 $415,900 $355,000 $60,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 582420

South Jersey Shore Regional MLS

APN: 22-00161-0000-00008