NOT LISTED FOR SALE

122 S Ocean Ave Atlantic City, NJ 08401

Downtown Atlantic City Neighborhood

Estimated Value: $124,000 - $270,000

4 Beds
2 Baths
1,758 Sq Ft
$124/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $65,000 $37 Per Sq Ft

Est. 235% increase in value since last sale

Current estimated payment $1,386/month

10 Days on Market

Highlights

  • Building is beachfront but unit may not have water views
  • Den
  • Dining Room
  • Wood Flooring
  • Eat-In Kitchen
  • Baseboard Heating

About This Home

As of April 2020

Diamond in the Rough. This gem is directly behind the new Tennessee Ave Beer Hall. Make this Beach Block house your new home.

Last Agent to Sell the Property

David Hirsch

BOARDWALK REALTY Listed on: 03/24/2020

BOARDWALK REALTY

Last Buyer's Agent

MCMENAMIN, MICHAEL MCMENAMIN

BHHS FOX and ROACH-Margate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,510

Year Built

  • Built in 1901

Lot Details

  • Lot Dimensions are 47x17
  • Building is beachfront but unit may not have water views

Home Design

  • Stucco

Interior Spaces

  • Dining Room
  • Den
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Baseboard Heating
  • Hot Water Heating System
  • Radiant Heating System
  • Gas Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,510

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Townhouse
  • Age: 25+ Years
  • Lvt Date: 03/26/2020
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Tile, Wood
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Basement: Full, Inside Entrance, Unfinished
  • Other Rooms: Den/Tv Room, Dining Room, Eat In Kitchen

Exterior Features

  • Outside Features: Curbs, Paved Road, Sidewalks
  • Siding Exterior: Stucco

Utilities

  • Heating: Baseboard, Hot Water, Radiant
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 47x17
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2020
Closed on
May 5, 2020
Sold by
Magrow Valkyrie
Bought by
Sea Suite Capital Llc
Seller's Agent
David Hirsch
BOARDWALK REALTY
Buyer's Agent
MCMENAMIN, MICHAEL MCMENAMIN
BHHS FOX and ROACH-Margate
List Price
$124,900
Sold Price
$65,000
Premium/Discount to List
-$59,900
-47.96%
Current Estimated Value
$217,715

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$152,715
Avg. Annual Appreciation
25.30%

Purchase Details

Listed on
Aug 15, 2016
Closed on
Nov 2, 2016
Sold by
Larson Real Estate Llc
Bought by
Magrow Valkyrie
Seller's Agent
Georgeanna Newmones
eXp Realty-Atlantic City
Buyer's Agent
David Hirsch
BOARDWALK REALTY
List Price
$30,000
Sold Price
$30,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.80%

Purchase Details

Listed on
Sep 18, 2012
Closed on
Oct 22, 2012
Sold by
Us Bank National Assn
Bought by
Larson Real Estate Llc
Seller's Agent
Adam Palmisciano
BALSLEY/LOSCO
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$32,000
Sold Price
$32,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.59%

Purchase Details

Closed on
Nov 22, 2011
Sold by
Hussain Ijaz and Jabeen Laila
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 17, 2005
Sold by
Grace Sheldon
Bought by
Hussain Ijaz and Jabeen Laila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,750
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 1997
Sold by
Grace Paul L
Bought by
Grace Sheldon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,700
Interest Rate
6.69%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Sea Suite Capital Llc $65,000 Trident Land Transfer
Magrow Valkyrie $30,000 --
Larson Real Estate Llc $32,000 Old Republic National Title
U S Bank National Association -- None Available
Hussain Ijaz $165,000 --
Grace Sheldon -- The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sea Suite Capital Llc $166,500
Closed Sea Suite Capital Llc $100,000
Previous Owner Hussain Ijaz $48,000
Previous Owner Hussain Ijaz $156,750
Previous Owner Grace Sheldon $53,000
Previous Owner Grace Sheldon $49,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $65,000 -48.0% $37 / Sq Ft
04/03/2020 04/03/20 Pending -- -- --
03/24/2020 03/24/20 For Sale $124,900 +316.3% $71 / Sq Ft
11/03/2016 11/03/16 Sold $30,000 0.0% $17 / Sq Ft
10/19/2016 10/19/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $30,000 -6.3% $17 / Sq Ft
10/26/2012 10/26/12 Sold $32,000 0.0% $18 / Sq Ft
10/05/2012 10/05/12 Pending -- -- --
09/18/2012 09/18/12 For Sale $32,000 -- $18 / 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 $2,510 $72,700 $53,200 $19,500
2024 $2,510 $72,700 $53,200 $19,500
2023 $2,746 $72,700 $53,200 $19,500
2022 $2,746 $72,700 $53,200 $19,500
2021 $2,836 $72,700 $53,200 $19,500
2020 $2,860 $72,700 $53,200 $19,500
2019 $3,984 $100,000 $44,000 $56,000
2018 $3,533 $100,000 $44,000 $56,000
2017 $3,421 $100,000 $44,000 $56,000
2016 $3,860 $100,000 $44,000 $56,000
2015 $3,422 $100,000 $44,000 $56,000
2014 $3,348 $100,000 $44,000 $56,000
Source: Public Records

Agents Affiliated with this Home

  • David Hirsch

    Seller's Agent in 2020

    David Hirsch

    BOARDWALK REALTY

    (609) 214-9567

    3 in this area

    191 Total Sales

    David Hirsch
    Section Image
  • Georgeanna Newmones

    Seller's Agent in 2016

    Georgeanna Newmones

    eXp Realty-Atlantic City

    (609) 710-5550

    2 in this area

    248 Total Sales

    Georgeanna Newmones
    Section Image
  • Adam Palmisciano

    Seller's Agent in 2012

    Adam Palmisciano

    BALSLEY/LOSCO

    (609) 383-9220

    20 Total Sales

    Adam Palmisciano
    Section Image

  • A

    Buyer's Agent in 2012

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 535690

South Jersey Shore Regional MLS

APN: 02-00054-0000-00051

New Jersey Atlantic County Atlantic City 08401 Downtown Atlantic City

122 S Ocean Ave, Atlantic City, NJ

This home is located at 122 S Ocean Ave, Atlantic City, NJ 08401 since 24 March 2020 and is currently estimated at $217,715, approximately $123 per square foot. This property was built in 1901. 122 S Ocean Ave is a home located in Atlantic County with nearby schools including New York Avenue School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes