NOT LISTED FOR SALE

128 Dewey Place Atlantic City, NJ 08401

Uptown Atlantic City Neighborhood

Estimated Value: $278,000 - $390,000

-- Bed
-- Bath
2,232 Sq Ft
$150/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $228,000 $102 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,372/month

40 Days on Market

About This Home

As of June 2022

INVESTMENT ALERT !!! 3 bedroom, 1 full bath beach block property. Property is near Ocean casino, transport from 1 block. Monthly rented $1500 and now both unit vacant. Each unit has separate meters. Property is being sold "AS IS" condition and buyer is responsible all CO, fire certs and land approval.

Last Agent to Sell the Property

Samy Sabbagh

CENTURY 21 ATLANTIC PROFESSIONAL REALTY Listed on: 10/21/2021

CENTURY 21 ATLANTIC PROFESSIONAL REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,593

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 19.166 x 80
  • Building is beachfront but unit may not have water views

Parking

  • Off-Site Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Additional Features

  • Stove
  • Crawl Space
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,593

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 10/21/2021
  • Year Built: 1920
  • Age: 25+ Years
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Basement: Crawl Space

Exterior Features

  • Siding Exterior: Brick
  • Storm Screens: Combination

Garage/Parking

  • Parking Exterior: Off Site Parking

Utilities

  • Heating: Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 19.166 x 80

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2021
Closed on
Apr 27, 2022
Sold by
Main St Rental Llc
Bought by
North Beach Rentals Llc
Seller's Agent
Samy Sabbagh
CENTURY 21 ATLANTIC PROFESSIONAL REALTY
List Price
$225,000
Sold Price
$228,000
Premium/Discount to List
$3,000
1.33%
Current Estimated Value
$334,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,667
Avg. Annual Appreciation
12.66%
Original Mortgage
$788,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2020
Sold by
Bhowmik Santosh and Bhowmik Bithika
Bought by
Main Street Rental Llc

Purchase Details

Closed on
Jun 26, 2003
Sold by
Zussman Charles
Bought by
Bhowmik Santosh and Roy Bithika

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
4.85%
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 Buyer Sale Price Title Company
North Beach Rentals Llc $732,000 Clear Skies Title
Main Street Rental Llc -- None Available
Bhowmik Santosh $140,000 --
Bhowmik Santosh S $140,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner North Beach Rentals Llc $788,000
Previous Owner Bhowmik Santosh $75,000
Previous Owner Bhowmik Santosh S $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $228,000 +1.3% $102 / Sq Ft
11/30/2021 11/30/21 Pending -- -- --
10/21/2021 10/21/21 For Sale $225,000 -- $101 / 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 $6,593 $215,600 $61,800 $203,800
2024 $6,593 $191,000 $61,800 $129,200
2023 $7,214 $191,000 $61,800 $129,200
2022 $7,214 $191,000 $61,800 $129,200
2021 $7,451 $191,000 $61,800 $129,200
2020 $7,514 $191,000 $61,800 $129,200
2019 $3,586 $90,000 $30,000 $60,000
2018 $3,180 $90,000 $30,000 $60,000
2017 $4,721 $138,000 $48,000 $90,000
2016 $6,176 $160,000 $70,000 $90,000
2015 $6,502 $190,000 $100,000 $90,000
2014 $6,361 $190,000 $100,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Samy Sabbagh

    Seller's Agent in 2022

    Samy Sabbagh

    CENTURY 21 ATLANTIC PROFESSIONAL REALTY

    (609) 517-1398

    3 in this area

    170 Total Sales

    Samy Sabbagh
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 556738

South Jersey Shore Regional MLS

APN: 02-00080-0000-00023

New Jersey Atlantic County Atlantic City 08401 Uptown Atlantic City

128 Dewey Place, Atlantic City, NJ

This home is located at 128 Dewey Place, Atlantic City, NJ 08401 since 21 October 2021 and is currently estimated at $334,667, approximately $149 per square foot. This property was built in 1920. 128 Dewey Place is a home located in Atlantic County with nearby schools including Pennsylvania Avenue School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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