NOT LISTED FOR SALE

1724 Hummock Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $198,000 - $360,000

-- Bed
-- Bath
1,452 Sq Ft
$207/Sq Ft Est. Value

Last Sold December 13, 2024

Last sale price $322,000 $222 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,785/month

23 Days on Market

About This Home

As of December 2024

This is a really nice property to add to Your Portfolio or just a Nice Rental. Presently the property is partially being used thru the help of a Great landlord that has assisted in the help with exchange students that were displaced due to a big fire a couple of weeks ago. The owner did a really nice job on upgrades. There is nothing to do but find urself qualified tenants and collect returns on your investment. This is a easy to show property contact

Last Agent to Sell the Property

Gerone Foster

COLDWELL BANKER ARGUS REAL ESTATE-Northfield Listed on: 10/01/2024

COLDWELL BANKER ARGUS REAL ESTATE-Northfield

Last Buyer's Agent

Linda Camerota

Century 21 Action Plus Realty - Brigantine

Property Details

Home Type

  • Multi-Family

Lot Details

  • 1,350

Home Design

  • Vinyl Siding

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Additional Features

  • Shades
  • Lot Dimensions are 38'x35'

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Also Includes: Shades
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Siding Exterior: Vinyl

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Tankless-Gas

Lot Info

  • Lot Dimensions: 38'x35'

Multi Family

  • Number Of Units: 3
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2024
Closed on
Dec 11, 2024
Sold by
1724 Hummock Ave Llc
Bought by
Salem Brothers Properties Llc
Seller's Agent
Gerone Foster
COLDWELL BANKER ARGUS REAL ESTATE-Northfield
Buyer's Agent
Linda Camerota
Century 21 Action Plus Realty - Brigantine
List Price
$339,000
Sold Price
$322,000
Premium/Discount to List
-$17,000
-5.01%
Views
7
Current Estimated Value
$300,661

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,339
Avg. Annual Appreciation
-6.63%
Original Mortgage
$241,875
Outstanding Balance
$239,902
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$60,759

Purchase Details

Closed on
Mar 14, 2023
Sold by
Rodriguez Jessica E
Bought by
1724 Hummock Avenue Llc

Purchase Details

Listed on
Jan 5, 2021
Closed on
Nov 4, 2021
Sold by
1036 Ohio Avenue Llc
Bought by
Rodriguez Jessica
Seller's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
JOSE UCHILLAN
CENTURY 21 ATLANTIC PROFESSIONAL REALTY
List Price
$159,900
Sold Price
$137,000
Premium/Discount to List
-$22,900
-14.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.08%

Purchase Details

Closed on
Nov 1, 2019
Sold by
Hu 1724 Llc
Bought by
1036 Ohio Ave Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 15, 2017
Sold by
Is3 Propertie S Llc
Bought by
Hu 1724 Llc

Purchase Details

Closed on
May 31, 2017
Sold by
Us Bank Na
Bought by
Is3 Properties Llc

Purchase Details

Closed on
May 3, 2016
Sold by
Wang Jinhua
Bought by
Us Bank Na

Purchase Details

Closed on
Dec 6, 2007
Sold by
Hong Pak U
Bought by
Wang Jinhua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,000
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 20, 2007
Sold by
Beckam Cheryl
Bought by
Pak Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,150
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salem Brothers Properties Llc $322,500 Surety Title
1724 Hummock Avenue Llc -- None Listed On Document
Rodriguez Jessica $137,000 New Title Company Name
1036 Ohio Ave Llc $52,000 None Available
Hu 1724 Llc $7,200 Infinity Title Agency
Is3 Properties Llc $20,000 None Available
Us Bank Na $1,000 None Available
Wang Jinhua $579,000 Commonwealth Land Title Insu
Pak Hong $137,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salem Brothers Properties Llc $241,875
Previous Owner 1036 Ohio Ave Llc $500,000
Previous Owner Wang Jinhua $521,000
Previous Owner Pak Hong $130,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/13/2024 12/13/24 Sold $322,000 -5.0% $222 / Sq Ft
10/24/2024 10/24/24 Pending -- -- --
10/01/2024 10/01/24 For Sale $339,000 +147.4% $233 / Sq Ft
11/05/2021 11/05/21 Sold $137,000 -11.6% $94 / Sq Ft View Prior Sale
06/29/2021 06/29/21 Pending -- -- --
06/11/2021 06/11/21 Price Changed $154,900 -1.3% $107 / Sq Ft
06/07/2021 06/07/21 Price Changed $156,900 -1.9% $108 / Sq Ft
05/21/2021 05/21/21 For Sale $159,900 0.0% $110 / Sq Ft
03/29/2021 03/29/21 Pending -- -- --
01/27/2021 01/27/21 Price Changed $159,900 -3.0% $110 / Sq Ft
01/05/2021 01/05/21 For Sale $164,900 -- $114 / 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 $2,444 $70,800 $20,300 $50,500
2024 $2,444 $70,800 $20,300 $50,500
2023 $2,674 $70,800 $20,300 $50,500
2022 $2,674 $70,800 $20,300 $50,500
2021 $2,762 $70,800 $20,300 $50,500
2020 $2,931 $74,500 $20,300 $54,200
2019 $1,912 $48,000 $20,000 $28,000
2018 $8,122 $229,900 $104,700 $125,200
2017 $7,865 $229,900 $104,700 $125,200
2016 $8,874 $229,900 $104,700 $125,200
2015 $7,867 $229,900 $104,700 $125,200
2014 $7,697 $229,900 $104,700 $125,200
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2024

    Gerone Foster

    COLDWELL BANKER ARGUS REAL ESTATE-Northfield

    (609) 287-2337

    5 in this area

    25 Total Sales

    Gerone Foster
    Section Image
  • Linda Camerota

    Buyer's Agent in 2024

    Linda Camerota

    Century 21 Action Plus Realty - Brigantine

    (609) 412-7020

    2 in this area

    69 Total Sales

    Linda Camerota
    Section Image
  • Gerard Barker

    Seller's Agent in 2021

    Gerard Barker

    Weichert Corporate

    (609) 481-7745

    42 in this area

    218 Total Sales

    Gerard Barker
    Section Image
  • JOSE UCHILLAN

    Buyer's Agent in 2021

    JOSE UCHILLAN

    CENTURY 21 ATLANTIC PROFESSIONAL REALTY

    (609) 892-6605

    1 in this area

    5 Total Sales

    JOSE UCHILLAN
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 589592

South Jersey Shore Regional MLS

APN: 02-00467-0000-00002

New Jersey Atlantic County Atlantic City 08401 Monroe Park

1724 Hummock Ave, Atlantic City, NJ

Not Listed for Sale

MultiFamily

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