NOT LISTED FOR SALE

132 N Tennessee Ave Atlantic City, NJ 08401

Westside Neighborhood

Estimated Value: $305,000 - $349,000

-- Bed
-- Bath
3,527 Sq Ft
$94/Sq Ft Est. Value

Last Sold April 24, 2024

Last sale price $330,000 $94 Per Sq Ft

Current estimated payment $2,189/month

89 Days on Market

Highlights

  • Patio
  • Laundry Room
  • Forced Air Heating System

About This Home

As of April 2024

Brand New Full Renovation completed on the Ground floor 3bdrm apartment, no stairs, and no carpets. Gas Forced air heating and Gas Cooking!! Washer and DryerHookups!! Section 8 Approved, large concrete back patio off the kitchen, partially fenced in. Close to City Hall, and 2.5 Blocks to the Beachesand AC Boardwalk. 5 minute drive to Tanger Outlets, and Several Casinos! Plenty of street parking and all forms of public transport areavailable at this location. Second floor apartment is a 5bdrm unit and the renovations have allready been completed. Both units are move in ready and the city has allready issued COs! This property is being sold renovated with both units vacant. Fair Market Rents for 3bdrm apartments is around $27000.00 annually, and FMR for the 5bdrm should be upwards of $32,000 annually!! This will be a near turn key & maintenance free investment for any landlord regardless of experience!

Last Agent to Sell the Property

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC Listed on: 12/14/2023

WEICHERT REALTORS ASBURY GROUP-AC

Last Buyer's Agent

Philip Rizzo

RE/MAX Revolution

RE/MAX Revolution

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,130

Lot Details

  • 2,396

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Kitchen

  • Self-Cleaning Oven
  • Stove

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Separate Meters

Additional Features

  • Laundry Room
  • Patio
  • Lot Dimensions are 25x95

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,130

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 12/14/2023
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator, Self Cleaning Oven
  • Other Rooms: Laundry/Utility Rm

Exterior Features

  • Outside Features: Curbs, Patio, Sidewalks
  • Siding Exterior: Brick, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 25x95

Multi Family

  • Number Of Units: 2
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2023
Closed on
May 1, 2024
Sold by
Holding 4 Llc
Bought by
Vicari Pietro
Seller's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Philip Rizzo
RE/MAX Revolution
List Price
$299,000
Sold Price
$330,000
Premium/Discount to List
$31,000
10.37%
Views
46
Current Estimated Value
$330,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$400
Avg. Annual Appreciation
0.09%
Original Mortgage
$313,500
Outstanding Balance
$309,381
Interest Rate
7.22%
Mortgage Type
New Conventional
Estimated Equity
$21,019

Purchase Details

Listed on
Feb 6, 2019
Closed on
Aug 9, 2019
Sold by
Lowe Cyril
Bought by
Holding 4 Llc
Seller's Agent
Silvette Rivera
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Richard Perrin
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$169,900
Sold Price
$142,000
Premium/Discount to List
-$27,900
-16.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.29%
Original Mortgage
$105,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2006
Sold by
Williams Joseph
Bought by
Cyril Lowe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.59%
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
Vicari Pietro $330,000 Fidelity National Title
Holding 4 Llc $150,000 Genuine Title Agency Llc
Cyril Lowe $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vicari Pietro $313,500
Previous Owner Dfd Real Estate Llc $130,000
Previous Owner Holding 4 Llc $105,000
Previous Owner Saldutii William F $250,000
Previous Owner Cyril Lowe $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2024 04/24/24 Sold $330,000 +10.4% $94 / Sq Ft
03/15/2024 03/15/24 For Sale $299,000 0.0% $85 / Sq Ft
03/12/2024 03/12/24 Pending -- -- --
03/07/2024 03/07/24 For Sale $299,000 0.0% $85 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
12/14/2023 12/14/23 For Sale $299,000 +110.6% $85 / Sq Ft
07/15/2019 07/15/19 Sold $142,000 -16.4% $40 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $169,900 -- $48 / 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 $5,130 $251,000 $24,500 $226,500
2024 $5,130 $148,600 $24,500 $124,100
2023 $5,613 $148,600 $24,500 $124,100
2022 $5,613 $148,600 $24,500 $124,100
2021 $5,797 $148,600 $24,500 $124,100
2020 $5,846 $148,600 $24,500 $124,100
2019 $6,374 $160,000 $80,000 $80,000
2018 $5,653 $160,000 $80,000 $80,000
2017 $5,474 $160,000 $80,000 $80,000
2016 $6,176 $160,000 $80,000 $80,000
2015 $5,475 $160,000 $80,000 $80,000
2014 $8,943 $267,100 $83,100 $184,000
Source: Public Records

Agents Affiliated with this Home

  • Gerard Barker

    Seller's Agent in 2024

    Gerard Barker

    Weichert Corporate

    (609) 481-7745

    28 in this area

    227 Total Sales

    Gerard Barker
    Section Image

  • P

    Buyer's Agent in 2024

    Philip Rizzo

    RE/MAX Revolution

    (732) 597-3169

    1 in this area

    51 Total Sales

    Philip Rizzo
    Section Image
  • Silvette Rivera

    Seller's Agent in 2019

    Silvette Rivera

    Weichert Corporate

    (856) 238-2082

    5 in this area

    80 Total Sales

    Silvette Rivera
    Section Image
  • Richard Perrin

    Buyer's Agent in 2019

    Richard Perrin

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 484-9890

    91 Total Sales

    Richard Perrin
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 580512

South Jersey Shore Regional MLS

APN: 02-00320-0000-00004

New Jersey Atlantic County Atlantic City 08401 Westside

132 N Tennessee Ave, Atlantic City, NJ

This home is located at 132 N Tennessee Ave, Atlantic City, NJ 08401 since 14 December 2023 and is currently estimated at $330,400, approximately $93 per square foot. 132 N Tennessee Ave is a home located in Atlantic County with nearby schools including New York Avenue School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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.
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