NOT LISTED FOR SALE

1815 Hummock Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $284,000 - $353,000

-- Bed
-- Bath
2,824 Sq Ft
$115/Sq Ft Est. Value

Last Sold January 13, 2022

Last sale price $149,475 $53 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $2,198/month

24 Days on Market

About This Home

As of January 2022

Fully occupied duplex rented for 31k annually! Makes a great investment property for any real estate portfolio!

Last Agent to Sell the Property

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC Listed on: 04/25/2021

WEICHERT REALTORS ASBURY GROUP-AC

Last Buyer's Agent

Danielle Collette

BALSLEY/LOSCO-VENTNOR

BALSLEY/LOSCO-VENTNOR

Property Details

Home Type

  • Multi-Family

Lot Details

  • Lot Dimensions are 25x90

Parking

  • 3 Parking Spaces

Home Design

  • Triplex
  • Brick Exterior Construction

Kitchen

  • Self-Cleaning Oven
  • Stove

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters

Community Details

Overview

  • 3 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator, Self Cleaning Oven

Exterior Features

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

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

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

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 25x90

Rental Info

  • Rental Information: 100 Percent Occupancy, Lease Required, Yearly

Multi Family

  • Number Of Units: 3
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 2
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2022
Sold by
Nj Holding Group Llc
Bought by
Atlantic County Investments Llc
Current Estimated Value
$323,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Outstanding Balance
$191,881
Interest Rate
6.7%
Mortgage Type
New Conventional
Estimated Equity
$129,789

Purchase Details

Listed on
Apr 25, 2021
Closed on
Jan 13, 2022
Sold by
106-108 Albion Ave Llc
Bought by
Nj Holding Group Lic
Seller's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
Buyer's Agent
Danielle Collette
BALSLEY/LOSCO-VENTNOR
List Price
$174,900
Sold Price
$149,475
Premium/Discount to List
-$25,425
-14.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.53%
Original Mortgage
$123,750
Interest Rate
4.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2018
Sold by
648 Wisteria Road Llc and Scanloa Michael
Bought by
106 108 Albion Ave Llc

Purchase Details

Closed on
May 21, 2012
Sold by
Begum Afsana
Bought by
648 Wisteria Road Llc

Purchase Details

Closed on
Nov 4, 2005
Sold by
Mowatt Hyacinth
Bought by
Afsana Begum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
5.93%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Atlantic County Investments Llc $255,000 Cornerstone Title Agency
Nj Holding Group Lic $149,475 Fidelity National Title
106 108 Albion Ave Llc -- None Available
648 Wisteria Road Llc $60,000 Title Resources Guaranty Co
Afsana Begum $235,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atlantic County Investments Llc $198,750
Previous Owner Nj Holding Group Lic $123,750
Previous Owner Afsana Begum $211,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/13/2022 01/13/22 Sold $149,475 -14.5% $53 / Sq Ft
05/19/2021 05/19/21 Pending -- -- --
04/25/2021 04/25/21 For Sale $174,900 -- $62 / 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 $5,962 $172,700 $24,000 $148,700
2024 $5,962 $172,700 $24,000 $148,700
2023 $6,523 $172,700 $24,000 $148,700
2022 $6,523 $172,700 $24,000 $148,700
2021 $6,737 $172,700 $24,000 $148,700
2020 $6,794 $172,700 $24,000 $148,700
2019 $3,785 $95,000 $30,000 $65,000
2018 $3,356 $95,000 $30,000 $65,000
2017 $3,421 $100,000 $50,000 $50,000
2016 $3,860 $100,000 $50,000 $50,000
2015 $4,106 $120,000 $50,000 $70,000
2014 $4,018 $120,000 $50,000 $70,000
Source: Public Records

Agents Affiliated with this Home

  • Gerard Barker

    Seller's Agent in 2022

    Gerard Barker

    Weichert Corporate

    (609) 481-7745

    42 in this area

    217 Total Sales

    Gerard Barker
    Section Image
  • Danielle Collette

    Buyer's Agent in 2022

    Danielle Collette

    BALSLEY/LOSCO-VENTNOR

    (609) 338-8072

    3 in this area

    97 Total Sales

    Danielle Collette
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 549887

South Jersey Shore Regional MLS

APN: 02-00507-0000-00003

New Jersey Atlantic County Atlantic City 08401 Monroe Park

1815 Hummock Ave, Atlantic City, NJ

Not Listed for Sale

MultiFamily

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