NOT LISTED FOR SALE

119 N New Jersey Ave Unit 40B Atlantic City, NJ 08401

Uptown Atlantic City Neighborhood

Estimated Value: $267,000 - $287,000

3 Beds
2.5 Baths
1,771 Sq Ft
$156/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $77,000 $43 Per Sq Ft

Est. 258% increase in value since last sale

Current estimated payment $1,800/month

170 Days on Market

Highlights

  • Cathedral Ceiling
  • Breakfast Area or Nook
  • Laundry Room
  • Great Room
  • Walk-In Closet
  • Forced Air Heating and Cooling System

About This Home

As of June 2020

BACK ON THE MARKET!!!! Updated Listing!!!!! This beautiful low maintenance 3 bedroom 2 and half bath townhouse located just three blocks away from the new Ocean Casino Resort, and walking distance to boardwalk and Gardeners Basin, is a perfect first time home/ or second vacation home for the right family. The development is OWNER OCCUPIED ONLY!!! The landscaping in this gated community is so relaxing and peaceful. Property has been renovated with new carpets, fresh paint, appliances, lighting, and much more, vacant, and is move-in-ready!! Seller has filed tax appeal for 2020. Garage was previously coverted to family room, but has recently been converted back to garage. Easy to show! Schedule today through showing time, lockbox code available!!!! Cash & Conventional Financing ONLY!!!

Last Agent to Sell the Property

Shelby Morgan

Morgan Capital Real Estate Listed on: 12/04/2019

Last Buyer's Agent

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC

WEICHERT REALTORS ASBURY GROUP-AC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,576

Year Built

  • Built in 1988

Lot Details

  • 1,089

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Great Room
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Off-Site Parking

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Community Details

Overview

  • Association fees include amenities, insurance, maintenance, management, trash
  • Grammercy Park Condos

Pet Policy

  • Pet Restriction

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,576

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Townhouse
  • Also Includes: Blinds
  • Lvt Date: 12/04/2019
  • Year Built: 1988
  • Number Of Levels In Unit: Two
  • Number Of Stories In Bldg: Two
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Dining Room: On Level: Lower
  • Family Room: On Level: Lower
  • Kitchen: On Level: Lower
  • Living Room: On Level: Lower
  • Powder Room Level: Lower
  • Other Rooms: Breakfast Nook, Dining Room, Great Room, Laundry/Utility Room

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: Off Site Parking

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Gas

Condo/Co-op/Association

  • HOA Includes: Amenities, Insurance, Maintenance, Management, Trash
  • Condo Name: Grammercy Park
  • Management: Association, Off-Site Professionals

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Cathedral Ceiling(s), Master Bath, Skylight, Walk In/Cedar Closet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Stewart Paul and Stewart Ashley
Bought by
Azzato Vincent
Current Estimated Value
$275,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Outstanding Balance
$212,033
Interest Rate
7.23%
Mortgage Type
New Conventional
Estimated Equity
$63,672

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jul 2, 2020
Sold by
Khalid Mathullah
Bought by
Stewart Paul and Stewart Ashley
Seller's Agent
Shelby Morgan
Morgan Capital Real Estate
Buyer's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$99,000
Sold Price
$77,000
Premium/Discount to List
-$22,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.10%
Original Mortgage
$61,600
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 18, 2019
Closed on
Oct 4, 2019
Sold by
Bayview Loan Servicing Llc
Bought by
Khalid Matihullah
Seller's Agent
JAMES CONOVER
REAL-FAIRFIELD
Buyer's Agent
Shelby Morgan
Morgan Capital Real Estate
List Price
$69,900
Sold Price
$61,000
Premium/Discount to List
-$8,900
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
34.29%

Purchase Details

Closed on
Jul 1, 2019
Sold by
Cooper Sandra
Bought by
Bayview Loan Servicing 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
Azzato Vincent $240,000 Title Company Of Jersey
Stewart Paul $77,000 Surety Title Company
Khalid Matihullah $61,000 Interstate 1St Ttl Agcy Llc
Bayview Loan Servicing Llc $1,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azzato Vincent $216,000
Previous Owner Stewart Paul $61,600
Previous Owner Cooper Sandra $111,100
Previous Owner Cooper Sandra $63,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2020 06/29/20 Sold $77,000 -22.2% $43 / Sq Ft
05/27/2020 05/27/20 For Sale $99,000 +28.6% $56 / Sq Ft
05/26/2020 05/26/20 Off Market $77,000 -- --
05/22/2020 05/22/20 Pending -- -- --
05/01/2020 05/01/20 For Sale $99,000 +28.6% $56 / Sq Ft
04/13/2020 04/13/20 Off Market $77,000 -- --
03/16/2020 03/16/20 Price Changed $99,000 -5.7% $56 / Sq Ft
02/16/2020 02/16/20 Price Changed $105,000 -8.7% $59 / Sq Ft
12/04/2019 12/04/19 For Sale $115,000 +88.5% $65 / Sq Ft
09/16/2019 09/16/19 Sold $61,000 -12.7% $34 / Sq Ft
08/28/2019 08/28/19 Pending -- -- --
07/18/2019 07/18/19 For Sale $69,900 -- $39 / 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 $3,576 $103,600 $35,000 $68,600
2024 $3,576 $103,600 $35,000 $68,600
2023 $3,913 $103,600 $35,000 $68,600
2022 $3,913 $103,600 $35,000 $68,600
2021 $4,041 $103,600 $35,000 $68,600
2020 $4,851 $123,300 $35,000 $88,300
2019 $5,578 $140,000 $70,000 $70,000
2018 $4,946 $140,000 $70,000 $70,000
2017 $4,789 $140,000 $70,000 $70,000
2016 $5,404 $140,000 $70,000 $70,000
Source: Public Records

Agents Affiliated with this Home

  • Shelby Morgan

    Seller's Agent in 2020

    Shelby Morgan

    Morgan Capital Real Estate

    (609) 727-5458

    3 in this area

    90 Total Sales

    Shelby Morgan
    Section Image
  • Gerard Barker

    Buyer's Agent in 2020

    Gerard Barker

    Weichert Corporate

    (609) 481-7745

    95 in this area

    227 Total Sales

    Gerard Barker
    Section Image

  • J

    Seller's Agent in 2019

    JAMES CONOVER

    REAL-FAIRFIELD

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 531150

South Jersey Shore Regional MLS

APN: 02-00309-0000-00001-0000-C0140

New Jersey Atlantic County Atlantic City 08401 Uptown Atlantic City

119 N New Jersey Ave Unit 40B, Atlantic City, NJ

This home is located at 119 N New Jersey Ave Unit 40B, Atlantic City, NJ 08401 since 04 December 2019 and is currently estimated at $275,705, approximately $155 per square foot. This property was built in 1988. 119 N New Jersey Ave Unit 40B is a home located in Atlantic County with nearby schools including Uptown Complex School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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