NOT LISTED FOR SALE

2 N Brighton Ave Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $497,126 - $702,000

-- Bed
-- Bath
2,758 Sq Ft
$223/Sq Ft Est. Value

Last Sold March 24, 2022

Last sale price $400,000 $145 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $3,902/month

Highlights

  • Deck
  • Eat-In Kitchen
  • Zoned Cooling
  • Porch
  • Living Room
  • Attic Fan

About This Home

As of March 2022

Great investment opportunity! Well maintained Charming 4 unit multifamily in super attractive residential location.Wonderful front porch. Porch level unit is very spacious and just lovely. Plenty of additional parking in the rear. Utility room on main level in rear of property. Income and Expense in associated documents. Currently 1 vacant units. Owner has made recent improvements. Conveniently located close to beach, boardwalk, exceptional dining and casino entertainment venue. Lots of units for the price point.

Last Agent to Sell the Property

Mary Lou Ferry

FARLEY and FERRY REALTY, INC Listed on: 05/14/2021

Last Buyer's Agent

Mary Lou Ferry

FARLEY and FERRY REALTY, INC Listed on: 05/14/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,940

Year Built

  • Built in 1910

Lot Details

  • Lot Dimensions are 30x125

Parking

  • 3 Parking Spaces

Interior Spaces

  • Living Room
  • Dining Area
  • Attic Fan
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Stove

Outdoor Features

  • Deck
  • Porch

Utilities

  • Zoned Cooling
  • Cooling System Powered By Gas
  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,940

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Estate: Yes
  • Year Built: 1910
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Other Rooms: Dining Area, Eat In Kitchen, Kitchen, Living Room

Exterior Features

  • Outside Features: Deck, Porch
  • Storm Screens: Combination

Garage/Parking

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

Utilities

  • Air Conditioner: Attic Fan, Gas, Multi-Zoned, Window Units
  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 30X125

Rental Info

  • Rental Information: Lease Required, Security Deposit, Yearly

Multi Family

  • Number Of Units: 4
  • Number Of2 Bedroom Units: 2
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 13, 2025
Sold by
Two Sons Enterprise Llc
Bought by
Boyd Tanekqua
Current Estimated Value
$615,782

Purchase Details

Closed on
Jul 27, 2023
Sold by
Boyd Tanekqua
Bought by
Two Sons Enterprise Llc

Purchase Details

Listed on
May 14, 2021
Closed on
Mar 22, 2022
Sold by
Atlantic Properties And Holdings Llc
Bought by
Boyd Tanekqua
Seller's Agent
Mary Lou Ferry
FARLEY and FERRY REALTY, INC
Buyer's Agent
Mary Lou Ferry
FARLEY and FERRY REALTY, INC
List Price
$399,000
Sold Price
$400,000
Premium/Discount to List
$1,000
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.73%
Original Mortgage
$392,755
Interest Rate
5%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 23, 2013
Closed on
Dec 27, 2013
Sold by
Pham Kim and Nguyen King
Bought by
Atlantic Properites And Holdings Llc
Seller's Agent
Leon Tong
BHHS FOX and ROACH-Northfield
Buyer's Agent
Maxine Greenberg
BHHS FOX and ROACH-Margate
List Price
$269,000
Sold Price
$269,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.93%
Original Mortgage
$201,750
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 12, 2007
Sold by
Pham Kim
Bought by
Nguyen King and Pham Kim

Purchase Details

Closed on
Jul 4, 2001
Sold by
Nguyen King and Pham Kim
Bought by
Pham Kim

Purchase Details

Closed on
May 7, 1996
Sold by
Nguyen King
Bought by
Nguyen King and Pham Kim
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
Boyd Tanekqua -- None Listed On Document
Two Sons Enterprise Llc -- Chicago Title
Boyd Tanekqua $400,000 New Title Company Name
Atlantic Properites And Holdings Llc $269,000 Old Republic Natl Ins Co
Nguyen King -- --
Pham Kim -- --
Nguyen King -- --
Nguyen King -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boyd Tanekqua $392,755
Previous Owner Atlantic Properites And Holdings Llc $201,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/24/2022 03/24/22 Sold $400,000 +0.3% $145 / Sq Ft
06/16/2021 06/16/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $399,000 0.0% $145 / Sq Ft
02/15/2020 02/15/20 Rented -- -- --
01/06/2020 01/06/20 Price Changed $825 -36.5% $0 / Sq Ft
11/01/2019 11/01/19 Rented -- -- --
10/14/2019 10/14/19 Price Changed $1,300 +52.9% $0 / Sq Ft
10/14/2019 10/14/19 Price Changed $850 -41.4% $0 / Sq Ft
08/12/2019 08/12/19 For Rent $1,450 +61.1% --
05/20/2019 05/20/19 For Rent $900 0.0% --
12/27/2013 12/27/13 Sold $269,000 0.0% $98 / Sq Ft View Prior Sale
11/03/2013 11/03/13 Pending -- -- --
06/23/2013 06/23/13 For Sale $269,000 -- $98 / 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 $7,940 $230,000 $40,000 $190,000
2024 $7,940 $230,000 $40,000 $190,000
2023 $8,687 $230,000 $40,000 $190,000
2022 $8,687 $230,000 $40,000 $190,000
2021 $8,972 $230,000 $40,000 $190,000
2020 $9,048 $230,000 $40,000 $190,000
2019 $7,171 $180,000 $80,000 $100,000
2018 $6,359 $180,000 $80,000 $100,000
2017 $8,553 $250,000 $150,000 $100,000
2016 $9,650 $250,000 $150,000 $100,000
2015 $8,555 $250,000 $150,000 $100,000
2014 $8,370 $250,000 $150,000 $100,000
Source: Public Records

Agents Affiliated with this Home

  • Mary Lou Ferry

    Seller's Agent in 2022

    Mary Lou Ferry

    FARLEY and FERRY REALTY, INC

    (609) 289-1139

    8 in this area

    89 Total Sales

    Mary Lou Ferry
    Section Image
  • Georgeanna Newmones

    Seller's Agent in 2020

    Georgeanna Newmones

    eXp Realty-Atlantic City

    (609) 710-5550

    18 in this area

    241 Total Sales

    Georgeanna Newmones
    Section Image
  • VERONICA BARNES

    Seller Co-Listing Agent in 2020

    VERONICA BARNES

    EXECUTIVE REALTORS

    (609) 254-6419

    2 Total Sales

    VERONICA BARNES
    Section Image

  • M

    Buyer's Agent in 2020

    Mohammad Rahman

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    2 in this area

    5 Total Sales

    Mohammad Rahman
    Section Image
  • Leon Tong

    Seller's Agent in 2013

    Leon Tong

    BHHS Fox & Roach

    (609) 338-3779

    9 in this area

    56 Total Sales

    Leon Tong
    Section Image
  • Maxine Greenberg

    Buyer's Agent in 2013

    Maxine Greenberg

    BHHS Fox & Roach

    (609) 335-1504

    17 Total Sales

    Maxine Greenberg
    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 550626

South Jersey Shore Regional MLS

APN: 02-00268-0000-00011

New Jersey Atlantic County Atlantic City 08401 Chelsea

2 N Brighton Ave, Atlantic City, NJ

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