$1,225,000
SOLD OCT 17, 2024

25 S Nashville Ave Ventnor City, NJ 08406

-- Bed
-- Bath
-- Sq Ft
3,006 Sq Ft Lot

Recently Sold

17% Below List Price

143 Days on Market

Highlights

  • Ocean View
  • Breakfast Area or Nook
  • Living Room
  • Deck
  • Porch
  • Home Security System

About This Home

As of October 2024

"Legal Duplex" '7 HOUSES FROM THE BEACH" Welcome to your dream family beach house! Nestled just seven houses away from the pristine shores of Ventnor Beach, this property offers an unparalleled combination of comfort, style, and investment potential. Fully renovated in 2019, the duplex features a new roof, plumbing, electric, and siding, ensuring modern infrastructure and durability. The property is multi-zoned with on-demand tank technology, promoting energy efficiency and convenience. An extended porch provides a relaxing outdoor space with ocean views, perfect for enjoying the coastal scenery. Immerse yourself in the incredible vibe of this renovated high-end gem, boasting panoramic ocean views from its elevated position on one of Ventnor's widest streets. The sun-drenched interior creates a bright and airy atmosphere, perfect for relaxing with loved ones or entertaining guests. The kitchen features a center island, granite countertops, a pantry, and stainless steel appliances, combining style and functionality. The lower level apartment is equipped with a ductless mini-split system for customized climate control, a cozy eating area and a shiplap wall in the living room that adds character to the space. Recessed lighting throughout the property enhances the ambiance and provides efficient lighting. Approved architectural plans for a future master balcony hint at the potential for further enhancements and customization, adding value to the property. For security and peace of mind, the duplex is equipped with a security system. Additionally, there is a large detached garage with electric connections and a decorative shed, offering ample storage space. The property includes a 3-car driveway for parking convenience. The low-maintenance backyard is furnished with top-of-the-line Arizona turf, offering a lush and beautiful outdoor space without the need for extensive upkeep. The composite deck is a perfect space to entertain guests or wind down from a long day at the beach with an outdoor shower adding a convenient touch for those beach days. Conveniently located within walking distance to an array of restaurants and theaters, you'll never be far from entertainment and dining options. This rare legal duplex presents a unique investment opportunity, with the potential to generate a minimum of $80,000 per year in rental income. Whether you're seeking a lucrative investment or a serene retreat, this property delivers on all fronts. Don't miss out on the chance to own this extraordinary beachside haven - where every day feels like a vacation and every moment is filled with the promise of coastal living at its finest.

Last Agent to Sell the Property

Samy Sabbagh

CENTURY 21 ATLANTIC PROFESSIONAL REALTY Listed on: 03/27/2024

CENTURY 21 ATLANTIC PROFESSIONAL REALTY

Last Buyer's Agent

Anthony Marotta

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

KELLER WILLIAMS REALTY JERSEY SHORE-Margate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,461

Lot Details

  • Lot Dimensions are 39 x 77

Parking

  • 3 Parking Spaces

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Ocean Views
  • Storage In Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Storm Screens

Outdoor Features

  • Outdoor Shower
  • Deck
  • Shed
  • Porch

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Tankless Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,461

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Security System
  • Lvt Date: 03/28/2024
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Other Rooms: Breakfast Nook, Dining Room, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Living Room, Pantry, Storage Attic

Exterior Features

  • Outside Features: Curbs, Deck, Ocean View, Outside Shower, Porch, Shed, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Screens

Garage/Parking

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

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Forced Air, Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Tankless-Gas

Lot Info

  • Location: Water View
  • Lot Dimensions: 39 x 77

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 1
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2024
Closed on
Oct 17, 2024
Sold by
Roth Angela and Korchan Stephen M
Bought by
Charter Beach House Llc
Seller's Agent
Samy Sabbagh
CENTURY 21 ATLANTIC PROFESSIONAL REALTY
Buyer's Agent
Anthony Marotta
KELLER WILLIAMS REALTY JERSEY SHORE-Margate
List Price
$1,475,000
Sold Price
$1,225,000
Premium/Discount to List
-$250,000
-16.95%
Views
101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.02%
Original Mortgage
$800,000
Outstanding Balance
$792,331
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$453,456

Purchase Details

Closed on
Aug 21, 2017
Sold by
Rios Ernesto M
Bought by
Roth Angela and Korchan Stephen M

Purchase Details

Closed on
Aug 27, 2014
Sold by
Rios Erlinda Zulema
Bought by
Rios Ernesto M

Purchase Details

Closed on
Feb 18, 2004
Sold by
Rios Ernesto M and Rios Erlinda Zulema
Bought by
Rios Ernesto M and Rios Erlinda Zulema

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,050
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 29, 1995
Sold by
Allia Raphael
Bought by
Rios Ernesto M and Rios Arlinda Zulema
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
Deed $1,225,000 Surety Title
Deed $225,000 Title Co Of Jersey
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Lloyds & Handson Title Agenc
Deed $130,000 The Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Previous Owner $306,200 Unknown
Previous Owner $300,000 No Value Available
Previous Owner $183,050 New Conventional
Previous Owner $131,289 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2025 08/11/25 For Rent $1,500 0.0% --
10/17/2024 10/17/24 Sold $1,225,000 -7.5% --
08/17/2024 08/17/24 Pending -- -- --
08/07/2024 08/07/24 Price Changed $1,325,000 -5.4% --
07/02/2024 07/02/24 Price Changed $1,400,000 -5.1% --
03/27/2024 03/27/24 For Sale $1,475,000 -- --
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
2025 $8,461 $419,100 $167,800 $251,300
2024 $8,461 $309,600 $167,800 $141,800
2023 $7,963 $309,600 $167,800 $141,800
2022 $7,963 $309,600 $167,800 $141,800
2021 $8,012 $309,600 $167,800 $141,800
2020 $8,022 $309,600 $167,800 $141,800
2019 $7,879 $304,800 $167,800 $137,000
2018 $8,028 $304,800 $167,800 $137,000
2017 $8,071 $304,800 $167,800 $137,000
2016 $7,212 $329,900 $270,300 $59,600
2015 $7,401 $341,700 $270,300 $71,400
2014 $7,036 $341,700 $270,300 $71,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 583593

South Jersey Shore Regional MLS

APN: 22-00050-0000-00005