NOT LISTED FOR SALE

115 N Morris Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $319,854 - $417,000

-- Bed
-- Bath
2,616 Sq Ft
$144/Sq Ft Est. Value

Last Sold April 14, 2023

Last sale price $299,000 $114 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,278/month

8 Days on Market

About This Home

As of April 2023

This property features 3 apartments, First Floor, Living Room, 2 Bedrooms & Kitchen @nd Fl Living Room, Bedroom, Bath & Kitchen, 3rd Floor , Living Room, 2 Bedrooms, Kitchen & Bath . Great Location, 2 Block from Tropicana

Last Agent to Sell the Property

FONNY LAU

BLOOM REALTY CO License #SP-8334921 Listed on: 03/15/2023

Last Buyer's Agent

LYDIA LEWIS

MARKETPLACE REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,632

Year Built

  • Built in 1925

Lot Details

  • 2,091

Parking

  • 2 Car Attached Garage

Home Design

  • Triplex

Additional Features

  • Stove
  • Lot Dimensions are 26 x 80
  • Heating System Uses Natural Gas

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,632

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Year Built: 1925
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator

Garage/Parking

  • Garage: Attached Garage
  • Parking Exterior: Two Car

Utilities

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

Lot Info

  • Lot Dimensions: 26 X 80

Multi Family

  • Number Of Units: 3
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2023
Closed on
Apr 14, 2023
Sold by
Profusion Group Llc
Bought by
115Nmorris4 Llc
Seller's Agent
FONNY LAU
BLOOM REALTY CO
Buyer's Agent
LYDIA LEWIS
MARKETPLACE REALTY
List Price
$299,000
Sold Price
$299,000
Views
24
Current Estimated Value
$375,464

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$76,464
Avg. Annual Appreciation
9.38%
Original Mortgage
$475,200
Interest Rate
6.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 28, 2020
Sold by
Lau Siu Por and Lau Fonny T
Bought by
Profusion Group Llc
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
115Nmorris4 Llc $299,000 Surety Title
Profusion Group Llc $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 115Nmorris4 Llc $475,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/14/2023 04/14/23 Sold $299,000 0.0% $114 / Sq Ft
03/15/2023 03/15/23 For Sale $299,000 -- $114 / 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 $3,632 $105,200 $31,700 $73,500
2024 $3,632 $105,200 $31,700 $73,500
2023 $3,973 $105,200 $31,700 $73,500
2022 $3,973 $105,200 $31,700 $73,500
2021 $4,104 $105,200 $31,700 $73,500
2020 $4,139 $105,200 $31,700 $73,500
2019 $4,382 $110,000 $34,000 $76,000
2018 $4,028 $114,000 $34,000 $80,000
2017 $4,105 $120,000 $40,000 $80,000
2016 $4,632 $120,000 $40,000 $80,000
2015 $6,160 $180,000 $100,000 $80,000
2014 $6,026 $180,000 $100,000 $80,000
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2023

    FONNY LAU

    BLOOM REALTY CO

    (609) 345-2203

    2 in this area

    6 Total Sales

    FONNY LAU
    Section Image
  • LYDIA LEWIS

    Buyer's Agent in 2023

    LYDIA LEWIS

    MARKETPLACE REALTY

    (609) 457-6643

    1 in this area

    49 Total Sales

    LYDIA LEWIS
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 572269

South Jersey Shore Regional MLS

APN: 02-00346-0000-00008

New Jersey Atlantic County Atlantic City 08401 Chelsea

115 N Morris Ave, Atlantic City, NJ

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