$125,000
SOLD SEP 16, 2019

126 N Portland Ave Ventnor City, NJ 08406

-- Bed
-- Bath
-- Sq Ft
5,271 Sq Ft Lot

Recently Sold

26% Below List Price

230 Days on Market

About This Home

As of September 2024

**PRICED AT $70,000 BELOW ASSESSED VALUE!!!!! Vacant duplex ready to repair for market rentals. Main level is a one bedroom with possibility for additional bedroom. Second/Third level is a two bedroom with an attic for additional living space. Full walkable basement. Option to purchase with 128 N Portland Ave (MLS#514819) as a package for $379,000. Property is being sold AS IS. Buyer is responsible for all inspections, CO, and due diligence and the costs incurred to acquire same. Owner will sell this property separately only after the adjoining property (128 N. Portland) is under contract as a separate parcel. They are both available for package price of $379,000

Last Agent to Sell the Property

Geoff Rosenberger

REALTY MARK ADVANTAGE License #RB-7864459 Listed on: 12/07/2018

REALTY MARK ADVANTAGE

Co-Listed By

Walter Kim

REALTY MARK ADVANTAGE License #1539192

Last Buyer's Agent

Marla Brestle

NEW ERA REAL ESTATE-B License #1866375

NEW ERA REAL ESTATE-B

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,191

Home Design

  • Duplex
  • Stucco

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Interior and Exterior Basement Entry
  • Lot Dimensions are 32x115

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,191

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 12/07/2018
  • Age: 25+ Years
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Inside Entrance, Outside Entrance, Unfinished

Exterior Features

  • Siding Exterior: Stucco

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 32x115

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Timothy Tonczyczyn Llc
Bought by
Maule Brooke and Maule Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,100
Outstanding Balance
$784,302
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$3,618

Purchase Details

Closed on
Feb 17, 2025
Sold by
Timothy Tonczyczyn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$787,100
Outstanding Balance
$784,302
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$3,618

Purchase Details

Closed on
Dec 23, 2024
Sold by
Timothy Tonczyczyn Llc
Bought by
126 North Portland Avenue Condominium

Purchase Details

Listed on
Jun 6, 2024
Closed on
Aug 27, 2024
Sold by
Atc2021 Owner Llc
Bought by
Timothy Tonczyczyn Llc
Seller's Agent
Alan Korik
FARLEY and FERRY REALTY, INC
Buyer's Agent
Julie Cicali
REAL-MARGATE
List Price
$599,000
Sold Price
$601,000
Premium/Discount to List
$2,000
0.33%
Views
36

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
38.04%
Original Mortgage
$810,900
Interest Rate
6.35%
Mortgage Type
Construction

Purchase Details

Closed on
May 2, 2024
Sold by
Sheriff Of The County Of Atlantic
Bought by
Atc2021owner Llc

Purchase Details

Closed on
Jan 21, 2003
Sold by
Khan Hamid
Bought by
Mostofa Khairul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.11%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Zarrello James C and Zarrello Jeanne M
Bought by
Kahn Hamid H and Jakeen Saira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
7.14%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Deed $926,000 Surety Title
Deed -- Absecon Title
Special Master Deed -- None Listed On Document
Deed $601,000 Sjs Title
Sheriffs Deed $1,000 None Listed On Document
Deed $260,000 --
Bargain Sale Deed $185,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $787,100 New Conventional
Previous Owner $810,900 Construction
Previous Owner $247,000 No Value Available
Previous Owner $175,750 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2025 05/07/25 For Sale $865,000 +43.9% --
09/04/2024 09/04/24 Sold $601,000 +0.3% --
08/15/2024 08/15/24 Pending -- -- --
08/08/2024 08/08/24 For Sale $599,000 0.0% --
06/20/2024 06/20/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $599,000 -50.4% --
06/09/2023 06/09/23 Sold $1,207,000 -13.8% --
04/27/2023 04/27/23 Pending -- -- --
04/07/2023 04/07/23 For Sale $1,399,888 +250.0% --
05/28/2021 05/28/21 Sold $400,000 -59.8% --
03/14/2021 03/14/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $995,000 +696.0% --
09/16/2019 09/16/19 Sold $125,000 -16.1% --
07/25/2019 07/25/19 Pending -- -- --
02/14/2019 02/14/19 Price Changed $149,000 -11.8% --
12/07/2018 12/07/18 For Sale $169,000 -- --
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
2024 $7,191 $263,100 $153,100 $110,000
2023 $6,767 $263,100 $153,100 $110,000
2022 $6,767 $263,100 $153,100 $110,000
2021 $6,809 $263,100 $153,100 $110,000
2020 $6,817 $263,100 $153,100 $110,000
2019 $6,801 $263,100 $153,100 $110,000
2018 $6,930 $263,100 $153,100 $110,000
2017 $9,239 $348,900 $153,100 $195,800
2016 $7,905 $361,600 $350,000 $11,600
2015 $8,467 $390,900 $350,000 $40,900
2014 $8,049 $390,900 $350,000 $40,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 514817

South Jersey Shore Regional MLS

APN: 22-00169-0000-00051