$400,000
SOLD MAY 28, 2021

126 N Portland Ave Ventnor City, NJ 08406

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

Recently Sold

60% Below List Price

38 Days on Market

About This Home

As of September 2024

Looking to own a turn key investment property? This is one of TWO properties (126/128 N Portland Ave)!! 5 residential units/office, garage and seperate warehouse commerical space being sold together. Recently updated duplex (126 N Portland Ave) is being sold with next door muti-unit residential/commerical property (128 N Portland Ave). First floor unit has 2 bedrooms and 1 full bath. Open kitchen with granite counter tops overlooking the living area. Second floor unit has two very spacious bedrooms. Bright kithchen that overlooks a generous deck. This unit has a large second floor loft area that is entered off the kitchen. Sleek contemporary full bath with tub. Washer and dryer for both units are shared in a central location on property. (128 N Portland Ave mls 546873)

Last Agent to Sell the Property

Marla Brestle

NEW ERA REAL ESTATE-B License #1866375 Listed on: 02/04/2021

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Rich Suthard

BALSLEY/LOSCO License #SB-8131477

BALSLEY/LOSCO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,191

Home Design

  • Duplex
  • Stucco

Parking

  • Gravel Driveway
  • Off-Site Parking

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: 02/04/2021
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Inside Entrance, Outside Entrance, Unfinished

Exterior Features

  • Siding Exterior: Stucco

Garage/Parking

  • Driveway: Concrete, Gravel
  • Parking Exterior: Off Site Parking

Utilities

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

Lot Info

  • Lot Dimensions: 32x115

Rental Info

  • Rental Information: Lease Required, Monthly, Seasonal, Yearly

Multi Family

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

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

  • JOSHUA FENWICK

    Seller's Agent in 2025

    JOSHUA FENWICK

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 381-9858

    14 Total Sales

    JOSHUA FENWICK
    Section Image

  • A

    Seller's Agent in 2024

    Alan Korik

    FARLEY and FERRY REALTY, INC

    (609) 412-2913

    19 Total Sales

    Alan Korik
    Section Image
  • Mike Christakos

    Seller Co-Listing Agent in 2024

    Mike Christakos

    FARLEY and FERRY REALTY, INC

    (917) 963-1081

    10 Total Sales

    Mike Christakos
    Section Image
  • Julie Cicali

    Buyer's Agent in 2024

    Julie Cicali

    REAL-MARGATE

    (856) 979-7673

    45 Total Sales

    Julie Cicali
    Section Image
  • Rich Suthard

    Seller's Agent in 2023

    Rich Suthard

    BALSLEY/LOSCO

    (609) 226-0400

    84 Total Sales

    Rich Suthard
    Section Image
  • Marla Brestle

    Seller's Agent in 2021

    Marla Brestle

    RE/MAX Platinum Properties

    (609) 412-1574

    29 Total Sales

    Marla Brestle
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 546874

South Jersey Shore Regional MLS

APN: 22-00169-0000-00051

New Jersey Atlantic County Ventnor City 08406

126 N Portland Ave, Ventnor City, NJ

This home is located at 126 N Portland Ave, Ventnor City, NJ 08406 and is currently priced at $400,000. 126 N Portland Ave is a home located in Atlantic County with nearby schools including Ventnor Elementary School, Ventnor Middle 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.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

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