NOT LISTED FOR SALE

144 S Tennessee Ave Atlantic City, NJ 08401

Downtown Atlantic City Neighborhood

Estimated Value: $1,813,525

0.44 Acre
$4,121,648 Price per Acre
19,166 Sq Ft Lot

Last Sold September 24, 2019

Last sale price $999,000

Est. 82% increase in value since last sale

Current estimated payment $11,298/month

634 Days on Market

About This Lot

As of September 2019

20,000 Sq. Ft. Lot - $75.00/square - Right in the heart of midtown, across from the Tennessee Avenue Renaissance on the Beachblock of Tennessee Avenue. This street to street lot runs from Tennessee Avenue (front street) through to St. James Place (back street).

Last Agent to Sell the Property

Geoff Rosenberger

REALTY MARK ADVANTAGE Listed on: 09/11/2017

REALTY MARK ADVANTAGE

Co-Listed By

Walter Kim

REALTY MARK ADVANTAGE License #1539192

Last Buyer's Agent

Geoff Rosenberger

REALTY MARK ADVANTAGE Listed on: 09/11/2017

REALTY MARK ADVANTAGE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $17,229

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 110 x 175
  • Building is beachfront but unit may not have water views
  • Level Lot
  • Cleared Lot
  • Property is zoned Commercial

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$17,229

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 10,001 To 20,000 Sqft
  • Lvt Date: 09/13/2017
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities Available: Electric, Gas, Sewer, Water

Lot Info

  • Location: Beach Block
  • Lot Dimensions: 110 x 175
  • Number Of Acres: 0.44
  • Topography: Cleared, Level
  • Zoning: Commercial

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2017
Closed on
Sep 11, 2019
Sold by
Twin Hotel Corp
Bought by
Tennessee Atlantic Qozb Llc
Seller's Agent
Geoff Rosenberger
REALTY MARK ADVANTAGE
Buyer's Agent
Geoff Rosenberger
REALTY MARK ADVANTAGE
List Price
$1,500,000
Sold Price
$999,000
Premium/Discount to List
-$501,000
-33.4%
Current Estimated Value
$1,813,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$814,525
Avg. Annual Appreciation
10.58%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Tennessee Atlantic Qozb Llc $999,000 Rms Title Services Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tennessee Atlantic Qozb Llc $2,050,000
Closed Tennessee Atlantic Qozb Llc $136,000
Closed Tennessee Atlantic Qozb Llc $136,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2019 09/24/19 Sold $999,000 -33.4% --
06/07/2019 06/07/19 Pending -- -- --
09/11/2017 09/11/17 For Sale $1,500,000 -- --
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 $17,229 $499,100 $448,500 $50,600
2024 $17,229 $499,100 $448,500 $50,600
2023 $18,851 $499,100 $448,500 $50,600
2022 $18,851 $499,100 $448,500 $50,600
2021 $19,470 $499,100 $448,500 $50,600
2020 $19,635 $499,100 $448,500 $50,600
2019 $26,259 $659,100 $640,000 $19,100
2018 $23,286 $659,100 $640,000 $19,100
2017 $22,548 $659,100 $640,000 $19,100
2016 $27,757 $719,100 $700,000 $19,100
2015 $44,486 $1,300,000 $1,280,900 $19,100
2014 $43,524 $1,300,000 $1,280,900 $19,100
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2019

    Geoff Rosenberger

    REALTY MARK ADVANTAGE

    (609) 385-7585

    1 in this area

    18 Total Sales

    Geoff Rosenberger
    Section Image
  • Walter Kim

    Seller Co-Listing Agent in 2019

    Walter Kim

    REALTY MARK ADVANTAGE

    (609) 287-0444

    1 in this area

    7 Total Sales

    Walter Kim
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 493954

South Jersey Shore Regional MLS

APN: 02-00053-0000-00010

New Jersey Atlantic County Atlantic City 08401 Downtown Atlantic City

144 S Tennessee Ave, Atlantic City, NJ

This home is located at 144 S Tennessee Ave, Atlantic City, NJ 08401 since 11 September 2017 and is currently estimated at $1,813,525. 144 S 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.

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