$800,000
SOLD AUG 1, 2024

18 N Buffalo Ave Ventnor City, NJ 08406

5 Beds
2 Baths
-- Sq Ft
3,746 Sq Ft Lot

Recently Sold

7% Below List Price

52 Days on Market

Highlights

  • Deck
  • 3 Car Detached Garage
  • In-Law or Guest Suite
  • Main Floor Bedroom
  • Porch
  • Laundry Room

About This Home

As of August 2024

WOW SO MANY POSSIBILITIES HERE AND CLOSE TO THE BEACH!!! 60x62.5 double lot with luxury new construction going up all around on this block located just a very short distance to the Ventnor beach and boardwalk and location just a few blocks from Margate with an easy walk to restaurants and specialty shops! Don't wait on this one priced to sell! New construction on same size lot asking $2.8m..Builder's Dream! Be the only person at the shore with their own pool and pickleball court!

Last Agent to Sell the Property

Ashley Franchini

Soleil Sotheby's International Realty - A License #0451196 Listed on: 05/23/2024

Soleil Sotheby's International Realty - A

Last Buyer's Agent

Ashley Franchini

Soleil Sotheby's International Realty - A License #0451196 Listed on: 05/23/2024

Soleil Sotheby's International Realty - A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,696

Lot Details

  • Lot Dimensions are 60x62.5

Interior Spaces

  • 3-Story Property
  • Dining Area
  • Stove

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • In-Law or Guest Suite
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 3 Car Detached Garage
  • Parking Pad

Outdoor Features

  • Deck
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Community Boardwalk

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,696

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 05/23/2024
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Dryer, Gas Stove, Refrigerator, Washer
  • Bedrooms: 5
  • Bedroom 1: On Level: Main
  • Bedroom 2: On Level: Main
  • Bedroom 3: On Level: Upper
  • Bedroom 4: On Level: Lower
  • Bedroom 5: On Level: Lower
  • Full Bathrooms: 2
  • Bathroom 1 Level: Main
  • Bathroom 2 Level: Lower
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Other Rooms: Dining Area, In-Law Quarters, Laundry/Utility Room

Exterior Features

  • Outside Features: Deck, Porch

Garage/Parking

  • Driveway: Concrete
  • Garage: Detached Garage
  • Parking Exterior: Three Or More Cars, Parking Pad

Utilities

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

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 60x62.5
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Aug 1, 2024
Sold by
Colton Harris N and Colton Arlene M
Bought by
Buffalo Development Llc
Seller's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
Buyer's Agent
Ashley Franchini
Soleil Sotheby's International Realty - A
List Price
$859,000
Sold Price
$800,000
Premium/Discount to List
-$59,000
-6.87%
Views
80

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.98%
Original Mortgage
$1,250,000
Outstanding Balance
$1,241,453
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$252,045
Source: Public Records

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Range of Values:

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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
Bargain Sale Deed $800,000 Surety Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 New Conventional
Previous Owner $80,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/14/2025 07/14/25 Price Changed $1,648,000 -3.1% --
05/30/2025 05/30/25 For Sale $1,700,000 +112.5% --
08/01/2024 08/01/24 Sold $800,000 -6.9% --
07/14/2024 07/14/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $859,000 -- --
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 $8,696 $318,200 $151,100 $167,100
2023 $8,184 $318,200 $151,100 $167,100
2022 $8,184 $318,200 $151,100 $167,100
2021 $8,235 $318,200 $151,100 $167,100
2020 $8,245 $318,200 $151,100 $167,100
2019 $8,225 $318,200 $151,100 $167,100
2018 $8,381 $318,200 $151,100 $167,100
2017 $8,426 $318,200 $151,100 $167,100
2016 $9,933 $454,400 $355,000 $99,400
2015 $9,842 $454,400 $355,000 $99,400
2014 $9,356 $454,400 $355,000 $99,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 585467

South Jersey Shore Regional MLS

APN: 22-00126-0000-00017