NOT LISTED FOR SALE

123 N Georgia Ave Atlantic City, NJ 08401

Ducktown Neighborhood

Estimated Value: $204,175 - $238,000

0.02 Acre
$11,077,200 Price per Acre
871 Sq Ft Lot

Last Sold August 01, 2023

Last sale price $8,500 $6 Per Sq Ft

Est. 2,506% increase in value since last sale

Current estimated payment $1,487/month

56 Days on Market

About This Lot

As of August 2023

Vacant Lot in Atlantic City -123 N Georgia (RR) is a rear lot behind 123 N Georgia. Lot is located in the Ducktown area of Atlantic City, close to public transportation, schools, the boardwalk, beach, restaurants and casinos. A variance will be required to rebuild. Buyer responsible for any and all Inspections, Documents, permits and certifications required to close. Seller makes no Representations for future building requirements which is up to the due diligence of the buyer. This is a Fannie Mae HomePath Property.

Last Listed By

Charles Miltenberger

Vylla Home - Atlantic City License #0451730 Listed on: 05/02/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,955

Year Built

  • 1900

Lot Details

  • 871 Sq Ft Lot
  • Lot Dimensions are 18 x 68

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$2,955

Year Built

1900

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 05/03/2023
  • Development Status: Variance Required
  • Special Features: 1028
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1900

Utilities

  • Utilities Available: Cable, Electric, Gas, Sewer, Water

Lot Info

  • Lot Dimensions: 18 x 68
  • Number Of Acres: 0.02
  • Number Of Lots: One
  • Topography: Partially Cleared

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2022
Sold by
Dev Bashu K & Himu
Bought by
Federal National Mortgage Association
Total Days on Market
56
Current Estimated Value
$221,544

Purchase Details

Closed on
Oct 23, 2006
Sold by
Perez Jesus
Bought by
Perez Rosa and Perez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 5, 2002
Sold by
Ortiz Roberto and Ortiz Ramona
Bought by
Perez Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,285
Interest Rate
7.14%
Mortgage Type
FHA

Range of Values:

Collateral Analytics

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ICE

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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
Federal National Mortgage Association -- --
Perez Rosa -- --
Perez Jesus $109,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Perez Rosa $150,000
Previous Owner Perez Jesus $145,350
Previous Owner Perez Jesus $107,285
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $8,500 -14.1% $6 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/07/2023 06/07/23 Price Changed $9,900 -20.8% $7 / Sq Ft
05/02/2023 05/02/23 For Sale $12,500 -- $9 / 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 $2,955 $85,600 $25,900 $59,700
2023 $3,233 $85,600 $25,900 $59,700
2022 $3,233 $85,600 $25,900 $59,700
2021 $3,339 $85,600 $25,900 $59,700
2020 $3,368 $85,600 $25,900 $59,700
2019 $4,582 $115,000 $65,000 $50,000
2018 $4,063 $115,000 $65,000 $50,000
2017 $3,934 $115,000 $65,000 $50,000
2016 $4,439 $115,000 $65,000 $50,000
2015 $3,935 $115,000 $65,000 $50,000
2014 $3,850 $115,000 $65,000 $50,000
Source: Public Records

Agents Affiliated with this Home

  • Charles Miltenberger

    Seller's Agent in 2023

    Charles Miltenberger

    Vylla Home - Atlantic City

    (609) 338-9992

    1 in this area

    68 Total Sales

    Charles Miltenberger
    Section Image

  • A

    Buyer's Agent in 2023

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 573643

South Jersey Shore Regional MLS

APN: 02-00338-0000-00019

New Jersey Atlantic County Atlantic City 08401 Ducktown

123 N Georgia Ave, Atlantic City, NJ

Homes for Sale in Atlantic City, NJ

This home is located at 123 N Georgia Ave, Atlantic City, NJ 08401 since 02 May 2023 and is currently estimated at $221,544, approximately $162 per square foot. This property was built in 1900. 123 N Georgia Ave is a home located in Atlantic County with nearby schools including Texas Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

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