NOT LISTED FOR SALE

22 N Georgia Ave Atlantic City, NJ 08401

Ducktown Neighborhood

Estimated Value: $259,000 - $297,420

10 Beds
6 Baths
2,040 Sq Ft
$136/Sq Ft Est. Value

Last Sold April 02, 2021

Last sale price $105,400 $52 Per Sq Ft

Est. 163% increase in value since last sale

Current estimated payment $1,960/month

19 Days on Market

Highlights

  • Ocean View
  • Deck
  • Cooling Available
  • Property is near an ocean
  • Terrace
  • Heating Available

About This Home

As of April 2021

LOCATION: In the spirit of DIY, this quadruplex property is an ideal investment opportunity. The first and second floor units boost of two bedroom units and the third floor offers a third bedroom option. This location Ducktown, is just moment's from the boardwalk, beaches, casinos, shopping center and the AC Expressway. With some imagination, this property can be an added bonus to any real estate portfolio.

Last Listed By

Ralph Stephan

Weichert Realtors-Brick License #1646905 Listed on: 02/24/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,582

Year Built

  • Built in 1935

Lot Details

  • 1,742 Sq Ft Lot
  • Lot Dimensions are 25 x 77.5

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,040 Sq Ft Home
  • 3-Story Property
  • Ocean Views

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Parking

  • No Garage
  • On-Street Parking

Outdoor Features

  • Property is near an ocean
  • Deck
  • Terrace

Utilities

  • Cooling Available
  • Heating Available

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 02-00279-0000-00036

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,582

Year Built

Built in 1935

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Four Family
  • ResoLotFeatures: Ocean Block
  • Subdivision Name: None
  • Reso Flooring: See Remarks, Other
  • New Construction: No
  • Year Built: 1935
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • Water Type Oceanview: Yes
  • WaterSewer Public Sewer: Yes
  • Exterior Terrace: Yes
  • General Property Info Lot Dimensions: 25 x 77.5
  • WaterSewer Public Water: Yes
  • General Property Info Handicap Access: No
  • Garage None4: Yes
  • ExteriorDeck: Yes
  • SidingBrick: Yes
  • Lot Description Ocean Block: Yes
  • Special Features: None

Interior Features

  • Basement: Slab
  • Basement: No
  • Full Bathrooms: 6
  • Total Bedrooms: 10
  • Stories: 3
  • Basement:Slab: Yes

Exterior Features

  • Acres: 0.04
  • Waterfront Features: Oceanview
  • Waterfront: No
  • Construction Type: Brick
  • Exterior Features: Deck, Terrace

Garage/Parking

  • Garage: No
  • Attached Garage: No
  • Parking Features: On Street, None
  • General Property Info:Garage: No
  • Parking:On Street: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other, See Remarks
  • HeatingYN: Yes
  • Water Source: Public

Lot Info

  • Lot Dimensions: 25 x 77.5
  • Lot Size Sq Ft: 1742.4
  • ResoLotSizeUnits: Acres
  • Parcel #: 02-00279-0000-00036
  • Zoning Description: Residential, Multi-Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 5582.0
  • Tax Other Annual Assessment Amount: 141900.0

Multi Family

  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2021
Closed on
Apr 1, 2021
Sold by
Ruth Bleecker Trust and Olkiewicz Marlene
Bought by
Pz Atlantic Inc
Seller's Agent
Ralph Stephan
Weichert Realtors-Brick
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$119,000
Sold Price
$105,400
Premium/Discount to List
-$13,600
-11.43%
Total Days on Market
19
Current Estimated Value
$277,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,955
Avg. Annual Appreciation
26.19%
Original Mortgage
$186,558
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 24, 2021
Closed on
Mar 8, 2021
Sold by
Ttk Re Entrprise Llc
Bought by
Khan Asraf and Khan Atahar K
Seller's Agent
Ralph Stephan
Weichert Realtors-Brick
Buyer's Agent
NON MEMBER
VRI Homes
List Price
$119,000
Sold Price
$105,400
Premium/Discount to List
-$13,600
-11.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,558
Interest Rate
3%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 2018
Sold by
Shabeka Sarker
Bought by
Uddin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
4.55%

Purchase Details

Closed on
Dec 15, 2006
Sold by
Dechiterer Susana
Bought by
Ruth Bleecker Trust Uw

Purchase Details

Closed on
Aug 6, 2002
Sold by
Dechiteres Susana and Dechiterer Susana
Bought by
Alam Nahid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,200
Interest Rate
6.58%

Purchase Details

Closed on
Feb 22, 1999
Sold by
Bleecker Ronald A and Bleecker Yvonne
Bought by
Dechiteres Susana

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
Pz Atlantic Inc $105,400 Surety Title
Khan Asraf $190,000 None Available
Uddin $92,000 --
Ruth Bleecker Trust Uw -- None Available
Alam Nahid $129,000 Congress Title Division
Dechiteres Susana -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Khan Asraf $186,558
Previous Owner Uddin $69,000
Previous Owner Uddin --
Previous Owner Alam Nahid $103,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/02/2021 04/02/21 Sold $105,400 -11.4% $52 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $119,000 +29.3% $58 / Sq Ft
02/23/2018 02/23/18 Sold $92,000 +2.2% $52 / Sq Ft
08/02/2017 08/02/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $90,000 -- $51 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

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 $4,898 $141,900 $27,700 $114,200
2023 $5,360 $141,900 $27,700 $114,200
2022 $5,360 $141,900 $27,700 $114,200
2021 $5,536 $141,900 $27,700 $114,200
2020 $5,582 $141,900 $27,700 $114,200
2019 $11,753 $295,000 $146,800 $148,200
2018 $10,422 $295,000 $146,800 $148,200
2017 $10,092 $295,000 $146,800 $148,200
2016 $11,387 $295,000 $146,800 $148,200
2015 $10,095 $295,000 $146,800 $148,200
2014 $9,877 $295,000 $146,800 $148,200
Source: Public Records

Agents Affiliated with this Home

  • Ralph Stephan

    Seller's Agent in 2021

    Ralph Stephan

    Weichert Realtors-Brick

    Section Image

  • N

    Buyer's Agent in 2021

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2021

    NON MEMBER MORR

    NON MEMBER

  • H

    Seller's Agent in 2018

    HARUNOR BHUIYAN

    HomeSmart First Advantage Realty - Northfield

    (609) 287-9899

    1 in this area

    22 Total Sales

    HARUNOR BHUIYAN
    Section Image
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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22105221

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 02-00279-0000-00036

New Jersey Atlantic County Atlantic City 08401 Ducktown

22 N Georgia Ave, Atlantic City, NJ

Homes for Sale in Atlantic City, NJ

This home is located at 22 N Georgia Ave, Atlantic City, NJ 08401 since 24 February 2021 and is currently estimated at $277,355, approximately $135 per square foot. This property was built in 1935. 22 N Georgia Ave is a home located in Atlantic County with nearby schools including Texas Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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