NOT LISTED FOR SALE

119 S Kingston Ave Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $1,345,000 - $2,081,000

5 Beds
4.5 Baths
3,662 Sq Ft
$466/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $987,400 $270 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $11,504/month

52 Days on Market

Highlights

  • Water Views
  • The property is located in a historic district
  • Deck
  • New Construction
  • Building is beachfront but unit may not have water views
  • Living Room with Fireplace

About This Home

As of February 2023

LOWER CHELSEA BEACHBLOCK NEW CONSTRUCTION BEING BROUGHT TO YOU BY BEN CHAPMAN DEVELOPMENT!! HUGE TAX ABATEMENT!! This luxurious beach block home offers 5 bedrooms and 4 and a half baths with OCEAN VIEWS just steps from the beach and boardwalk! Showcasing high ceilings, hardwood flooring, signature Ben Chapman custom woodwork throughout, including stunning coffered ceilings, custom wainscoting, and gorgeous crown molding with room for an elevator if your buyer would like one. The oversized lot can accommodate an optional pool! This beauty is sure to impress! The large open floor plan will feature a family room, a gourmet kitchen w/ high-end stainless steel appliances including a large center island with ample counter seating, and a generous dining area! A mud/utility room and a powder room complete the first floor. Second floor boasts five spacious including a generously-sized master suite w/ large walk-in closet and gorgeous master bath! This spectacular new home also includes large front decks WITH VIEWS OF THE BEACH, OCEAN, AND BOARDWALK! The perfect place to enjoy your morning cup of coffee in the shade or late afternoon cocktails in the sun! Garage underneath with parking for TWO CARS! Situated just a few streets from Ventnor. Don't miss out on this incredible opportunity! Take advantage of the generous TAX ABATEMENT! Call today for more information! Interior home photos are from other properties built by Ben Chapman Development.

Last Agent to Sell the Property

Brian Hiltner

BHHS FOX and ROACH-Margate II License #1112664 Listed on: 12/09/2022

BHHS FOX and ROACH-Margate II

Co-Listed By

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299

Last Buyer's Agent

Eric Millstein

Soleil Sotheby's International Realty - A License #1757387

Soleil Sotheby's International Realty - A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,468

Lot Details

  • Lot Dimensions are 42x82.5
  • Building is beachfront but unit may not have water views
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Elevator
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Water Views
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Location

  • The property is located in a historic district

Utilities

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

Community Details

Overview

  • Beachblock Subdivision

Recreation

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,468

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 0 To 1 Year
  • Lvt Date: 12/09/2022
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Fireplace: Gas Log, Living Room
  • Flooring: Hardwood, Tile
  • Interior Amenities: Carbon Monoxide Detector, Elevator, Kitchen Center Island, Smoke/Fire Alarm, Walk In Closet
  • Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Basement: Crawl Space
  • Other Rooms: Dining Area, Eat In Kitchen, Laundry/Utility Room

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Porch, Sidewalks, Sprinkler System
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Two Car
  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Beach Block, Historical District, Boardwalk Area, Water View
  • Lot Dimensions: 42X82.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 7, 2024
Sold by
Edward W Millstein 2020 Irrevocable Trus and Millstein Edward W
Bought by
Kim John S
Current Estimated Value
$1,706,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$693,613
Interest Rate
7.09%
Mortgage Type
New Conventional
Estimated Equity
$1,100,714

Purchase Details

Listed on
Dec 9, 2022
Closed on
Feb 17, 2023
Sold by
Chapman Real Estate Holdings Limited Lia
Bought by
Edward W Millstein 2020 Irrevocable Trust
Seller's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
Buyer's Agent
Eric Millstein
Soleil Sotheby's International Realty - A
List Price
$1,299,000
Sold Price
$987,400
Premium/Discount to List
-$311,600
-23.99%
Views
59

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.99%

Purchase Details

Listed on
May 11, 2021
Closed on
Sep 29, 2021
Sold by
119 S Kingston Ave Llc
Bought by
Chapman Real Estate Holdings Limited Liabilit
Seller's Agent
Raymond Brophy
KELLER WILLIAMS ATLANTIC SHORE
Buyer's Agent
Non-Member Non-Member
Non Member
List Price
$259,900
Sold Price
$235,000
Premium/Discount to List
-$24,900
-9.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
201.69%
Original Mortgage
$519,000
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 21, 2018
Closed on
Jun 13, 2018
Sold by
Ruzzo Michael
Bought by
119 S Kingston Ave Llc
Seller's Agent
Alan Korik
FARLEY and FERRY REALTY, INC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$229,000
Sold Price
$215,000
Premium/Discount to List
-$14,000
-6.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.66%
Original Mortgage
$316,000
Interest Rate
4.5%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 27, 2017
Sold by
The Bank Of New York Mellon
Bought by
Ruzzo Michael

Purchase Details

Closed on
Aug 8, 2017
Sold by
Curran Edward and Schloesser Ken
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jul 2, 2007
Sold by
Fredericks Carol A and Schloesser Kenneth E
Bought by
Curran Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,000
Interest Rate
6.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2004
Sold by
Zawid Rose
Bought by
Fredericks Carol A and Schloesser Kenneth E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
2.62%
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
Kim John S $1,625,000 Trident Land Transfer
Edward W Millstein 2020 Irrevocable Trust $987,400 Surety Title
Chapman Real Estate Holdings Limited Liabilit $235,000 Swift James P
119 S Kingston Ave Llc $215,000 None Available
Ruzzo Michael $160,000 Interstate 1St Title Agcy Ll
The Bank Of New York Mellon $1,000 None Available
Curran Edward $860,000 Indepedence Abstract & Title
Fredericks Carol A $450,000 Independence Abstract & Titl
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim John S $700,000
Previous Owner Chapman Real Estate Holdings Limited Liabilit $519,000
Previous Owner 119 S Kingston Ave Llc $140,000
Previous Owner 119 S Kingston Ave Llc $316,000
Previous Owner Curran Edward $559,000
Previous Owner Fredericks Carol $75,000
Previous Owner Fredericks Carol A $360,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $987,400 -24.0% $270 / Sq Ft
01/30/2023 01/30/23 Pending -- -- --
12/09/2022 12/09/22 For Sale $1,299,000 +452.8% $355 / Sq Ft
10/30/2021 10/30/21 Sold $235,000 -9.6% $64 / Sq Ft
06/03/2021 06/03/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $259,900 +20.9% $71 / Sq Ft
06/11/2018 06/11/18 Sold $215,000 -6.1% $59 / Sq Ft
04/23/2018 04/23/18 Pending -- -- --
02/21/2018 02/21/18 For Sale $229,000 -- $63 / 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 $26,468 $766,750 $223,900 $775,500
2023 $8,457 $223,900 $223,900 $0
2022 $8,457 $223,900 $223,900 $0
2021 $8,734 $223,900 $223,900 $0
2020 $8,808 $223,900 $223,900 $0
2019 $15,936 $400,000 $150,000 $250,000
2018 $30,391 $860,200 $541,900 $318,300
2017 $29,427 $860,200 $541,900 $318,300
2016 $33,204 $860,200 $541,900 $318,300
2015 $29,436 $860,200 $541,900 $318,300
2014 $28,800 $860,200 $541,900 $318,300
Source: Public Records

Agents Affiliated with this Home

  • Brian Hiltner

    Seller's Agent in 2023

    Brian Hiltner

    BHHS FOX and ROACH-Margate II

    (609) 703-4789

    2 in this area

    148 Total Sales

    Section Image
  • Paula Hartman

    Seller Co-Listing Agent in 2023

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    97 in this area

    764 Total Sales

    Section Image
  • Eric Millstein

    Buyer's Agent in 2023

    Eric Millstein

    Solei SIR Margate

    (609) 892-9947

    26 in this area

    158 Total Sales

    Section Image

  • R

    Seller's Agent in 2021

    Raymond Brophy

    KELLER WILLIAMS ATLANTIC SHORE

    Section Image

  • N

    Buyer's Agent in 2021

    Non-Member Non-Member

    Non Member

  • A

    Seller's Agent in 2018

    Alan Korik

    FARLEY and FERRY REALTY, INC

    (609) 412-2913

    2 in this area

    18 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 569479

South Jersey Shore Regional MLS

APN: 02-00008-0000-00015

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

119 S Kingston Ave, Atlantic City, NJ

This home is located at 119 S Kingston Ave, Atlantic City, NJ 08401 since 09 December 2022 and is currently estimated at $1,706,567, approximately $466 per square foot. 119 S Kingston Ave is a home located in Atlantic County with nearby schools including Richmond Avenue School, Atlantic City High School, and St. James Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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