NOT LISTED FOR SALE

224 Hamburg Ave Egg Harbor City, NJ 08215

Estimated Value: $222,000 - $326,943

3 Beds
1.5 Baths
1,820 Sq Ft
$151/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $133,620 $73 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $2,246/month

105 Days on Market

Highlights

  • Colonial Architecture
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Cedar Creek High School Rated A-

About This Home

As of January 2021

Take advantage of this undervalued gem on a private location. Easy access to shopping and transportation. Only minutes away from Atlantic City and other amenities. This spacious home offers a large yard that backs up to wooded area for privacy. This home is on Auction Terms. See Xome site for bidding and Auction dates. PRE-AUCTION BIDS will be reviewed. Buyer is responsible for their own investigative information on SqFt of home, Room Sizes, Bathroom counts, taxes and all other information regarding this home. This home is a AS-IS Sale with buyer being responsible for all inspections and repairs including CO and other township inspections. Availability and status of sale type are subject to change at any time. This home may be subject to the updated NJ Rules regarding Septic/Cesspool Regulations. Cash, Conventional Homestyle or FHA 203K are acceptable finance.

Last Agent to Sell the Property

Kevin Wallace

MLS DIRECT License #8934519 Listed on: 09/09/2020

Last Buyer's Agent

Mark Branco

CENTURY 21 ATLANTIC PROFESSIONAL REALTY License #0121170

CENTURY 21 ATLANTIC PROFESSIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,810

Year Built

  • Built in 1921

Lot Details

  • 1.1

Parking

  • 3 Parking Spaces

Home Design

  • Colonial Architecture

Interior Spaces

  • Insulated Windows
  • Crawl Space

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Private Water Source
  • Private Sewer

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,810

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: Colonial
  • Age: 25+ Years
  • Lvt Date: 09/09/2020
  • Year Built: 1921
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Flooring: Vinyl, Wood
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Upper
  • Bedroom 3: On Level: Upper
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Bathroom 1 Level: Upper
  • Basement: Crawl Space
  • Dining Room: On Level: Main
  • Kitchen: On Level: Main
  • Living Room: On Level: Main
  • Powder Room Level: Main

Exterior Features

  • Storm Screens: Insulated Glass

Garage/Parking

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

Utilities

  • Air Conditioner: Central
  • Heating: Forced Air
  • Sewer: Private
  • Water: Private

Lot Info

  • Lot Dimensions: 48000
  • Lot Size: 1 To 5 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2020
Closed on
Jan 26, 2021
Sold by
New Jersey Housing & Mortgage Fin Agcy
Bought by
Beasley Joseph R and Beasley Jenny C
Seller's Agent
Kevin Wallace
MLS DIRECT
Buyer's Agent
Mark Branco
CENTURY 21 ATLANTIC PROFESSIONAL REALTY
List Price
$136,900
Sold Price
$133,620
Premium/Discount to List
-$3,280
-2.4%
Current Estimated Value
$291,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,751
Avg. Annual Appreciation
17.60%
Original Mortgage
$126,939
Outstanding Balance
$114,821
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$163,622

Purchase Details

Closed on
Oct 29, 2019
Sold by
Mcgehean Christopher J and Mcgehean Anna Maria
Bought by
Police And Fireman S Ret System Brd and New Jersey Housing And Mortgage Fin Agcy

Purchase Details

Closed on
Aug 28, 2006
Sold by
Venafro Carl
Bought by
Mcgehean Christopher and Mcgehean Anna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,905
Interest Rate
6.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 20, 1999
Sold by
Venafro Carl J and Storie Linda J
Bought by
Venafro Anthony

Purchase Details

Closed on
Jun 23, 1998
Sold by
Bibus Arlene M
Bought by
Venafro Carl J and Storie Linda J
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
Beasley Joseph R $133,620 Title Company Of Jersey
Police And Fireman S Ret System Brd $1,000 None Available
Mcgehean Christopher $219,900 --
Venafro Anthony -- --
Venafro Carl J $75,000 Lawrence Abstract Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beasley Joseph R $126,939
Previous Owner Mcgehean Christopher $208,905
Previous Owner Venafro Carl J $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $133,620 -2.4% $73 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
12/10/2020 12/10/20 Price Changed $136,900 +7.9% $75 / Sq Ft
11/24/2020 11/24/20 Price Changed $126,900 -7.3% $70 / Sq Ft
11/06/2020 11/06/20 For Sale $136,900 0.0% $75 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/09/2020 09/09/20 For Sale $136,900 -- $75 / 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
2024 $7,810 $142,500 $31,100 $111,400
2023 $6,582 $120,700 $31,100 $89,600
2022 $6,582 $120,700 $31,100 $89,600
2021 $6,343 $120,700 $31,100 $89,600
2020 $6,343 $120,700 $31,100 $89,600
2019 $6,343 $120,700 $31,100 $89,600
2018 $6,354 $120,700 $31,100 $89,600
2017 $6,714 $143,900 $38,000 $105,900
2016 $6,523 $143,900 $38,000 $105,900
2015 $6,153 $143,900 $38,000 $105,900
2014 $6,012 $143,900 $38,000 $105,900
Source: Public Records

Agents Affiliated with this Home

  • Kevin Wallace

    Seller's Agent in 2021

    Kevin Wallace

    MLS DIRECT

    (609) 820-8947

    77 Total Sales

    Section Image

  • M

    Buyer's Agent in 2021

    Mark Branco

    CENTURY 21 ATLANTIC PROFESSIONAL REALTY

    (609) 377-4627

    34 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 541784

South Jersey Shore Regional MLS

APN: 07-00002-07-00007

New Jersey Atlantic County Egg Harbor City 08215

224 Hamburg Ave, Egg Harbor City, NJ

This home is located at 224 Hamburg Ave, Egg Harbor City, NJ 08215 since 09 September 2020 and is currently estimated at $273,986, approximately $150 per square foot. This property was built in 1921. 224 Hamburg Ave is a home located in Atlantic County with nearby schools including Charles L. Spragg Elementary School, Egg Harbor City Community School, and Cedar Creek High School.

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