NOT LISTED FOR SALE

123 N Surrey Ave Ventnor City, NJ 08406

Estimated Value: $250,083 - $945,000

0.09 Acre
$6,233,644 Price per Acre
3,920 Sq Ft Lot

Last Sold October 31, 2019

Last sale price $210,000

Est. 167% increase in value since last sale

Current estimated payment $3,180/month

5 Days on Market

About This Lot

As of October 2019

COASTAL CANAL and AC SKYLIE VIEWS!! Not every day you'll come across a BAY FRONT BUILDABLE DOUBLE LOT like this one! 50 Ft frontage with Riparian Rights! Knock down the existing building and create your dream home here. Start making unforgettable memories! Tax Abatement on Ventnor New Construction is Available @ 30% off the Improvement Value for 5 years! DON'T WAIT, NOW IS THE TIME!! Call the Listing agent for CAFRA, bulkhead, and Riparian Right information. Jurisdictional Hardship application has been submitted. Call the Listing agent for more info.

Last Agent to Sell the Property

Emily Marchese

MARCHESE REAL ESTATE, LLC Listed on: 07/09/2019

MARCHESE REAL ESTATE, LLC

Last Buyer's Agent

Emily Marchese

MARCHESE REAL ESTATE, LLC Listed on: 07/09/2019

MARCHESE REAL ESTATE, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,552

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 50x75
  • Property Fronts a Bay or Harbor
  • 2 Lots in the community

Additional Features

  • Water Views
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,552

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 07/09/2019
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Utilities

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

Lot Info

  • Location: Bay Front, Water View
  • Lot Dimensions: 50x75
  • Number Of Acres: 0.09
  • Number Of Lots: Two
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2019
Closed on
Oct 29, 2019
Sold by
Harris Debra M and Estate Of Albert L Jahn
Bought by
Pagano Peter B and Pagano Patricia
Seller's Agent
Emily Marchese
MARCHESE REAL ESTATE, LLC
Buyer's Agent
Emily Marchese
MARCHESE REAL ESTATE, LLC
List Price
$289,000
Sold Price
$210,000
Premium/Discount to List
-$79,000
-27.34%
Current Estimated Value
$561,028

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$351,028
Avg. Annual Appreciation
18.36%
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
Pagano Peter B $210,000 Title Partners Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2019 10/31/19 Sold $210,000 -27.3% --
07/14/2019 07/14/19 Pending -- -- --
07/09/2019 07/09/19 For Sale $289,000 -- --
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 $1,552 $56,800 $50,600 $6,200
2024 $1,552 $56,800 $50,600 $6,200
2023 $1,461 $56,800 $50,600 $6,200
2022 $1,461 $56,800 $50,600 $6,200
2021 $1,470 $56,800 $50,600 $6,200
2020 $1,472 $56,800 $50,600 $6,200
2019 $1,468 $56,800 $50,600 $6,200
2018 $1,496 $56,800 $50,600 $6,200
2017 $1,340 $50,600 $50,600 $0
2016 $1,202 $55,000 $55,000 $0
2015 $1,191 $55,000 $55,000 $0
2014 $1,132 $55,000 $55,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Emily Marchese

    Seller's Agent in 2019

    Emily Marchese

    MARCHESE REAL ESTATE, LLC

    (609) 241-5141

    54 in this area

    235 Total Sales

    Emily Marchese
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 524778

South Jersey Shore Regional MLS

APN: 22-00149-0000-00008

New Jersey Atlantic County Ventnor City 08406

123 N Surrey Ave, Ventnor City, NJ

This home is located at 123 N Surrey Ave, Ventnor City, NJ 08406 since 09 July 2019 and is currently estimated at $561,028. 123 N Surrey Ave is a home located in Atlantic County with nearby schools including Ventnor Elementary School, Ventnor Middle School, and St. James Elementary School.

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