Smaragda 'Smaggie' Ng
Weichert Realtors - Ship Bottom
(267) 833-2599
72 Total Sales
1 in Chelsea
$118,000 Price
2514 Atlantic Ave Atlantic City, NJ 08401
Chelsea Neighborhood
Studio
--
Baths
--
Sq Ft
2,701
Sq Ft Lot
About This Home
As of March 2026Wonderful investment opportunity in a prime Atlantic Ave location featuring 8 residential apartment units and 1 ground-floor retail convenience store with a long-term lease in place. This well-maintained mixed-use building offers strong, stable income from long-term tenants with significant upside potential through future rent growth. A live-in superintendent provides efficient on-site management, making this a low-maintenance, high-yield asset perfect for investors seeking reliable cash flow and long-term portfolio growth.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,495
Parking
- Off-Site Parking
Home Design
- Brick Exterior Construction
Additional Features
- Lot Dimensions are 30x90
- Heating System Uses Natural Gas
Community Details
- 9 Units
Listing and Financial Details
- Legal Lot and Block 1 / 165
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 29, 2025
Closed on
Feb 27, 2026
Sold by
2514 Atlantic Llc
Bought by
Seller's Agent
Edan Young
Exclusive Properties Realty, LLC
Buyer's Agent
Christopher Ponteri
3DX Real Estate, LLC
List Price
$1,300,000
Sold Price
$1,025,000
Premium/Discount to List
-$275,000
-21.15%
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$232,226
Avg. Annual Appreciation
-41.45%
Original Mortgage
$717,500
Outstanding Balance
$714,610
Interest Rate
5.98%
Mortgage Type
New Conventional
Estimated Equity
$78,164
Purchase Details
Closed on
Mar 26, 2021
Sold by
Ybj Truong Llc
Bought by
2514 Atlantic Llc
Purchase Details
Closed on
Sep 30, 2002
Sold by
Huynh Hoa and Nguyen Phong
Bought by
Ybj Truong Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
8%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 9, 1999
Sold by
Filiault Paul and Filiault Jacqueline
Bought by
Huynh Hoa and Nguyen Phong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.99%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Chelsea, NJ
-
Smaragda 'Smaggie' Ng
-
Taylor Phy
Taylor Phy
COLLINI REAL ESTATE, LLC
(609) 912-3461
99 Total Sales
1 in Chelsea
$400,000 Price
-
Gerard Rosenberger
Gerard Rosenberger
MARKETPLACE REALTY
(640) 900-3930
78 Total Sales
1 in Chelsea
$149,900 Price
-
Janet Cantwell-Papale
Janet Cantwell-Papale
Compass RE
(856) 460-5663
106 Total Sales
1 in Chelsea
$301,000 Price
-
Charles Miltenberger
Charles Miltenberger
Vylla Home
(640) 900-6384
67 Total Sales
2 in Chelsea
$175K - $293K Price Range
-
Anthony Marotta
Anthony Marotta
Keller Williams Realty Jersey Shore - Margate
(640) 900-3755
138 Total Sales
2 in Chelsea
$110K - $140K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,025,000 | Trident Abstract Title | |
| Deed | $640,000 | Nj Globalserve Ttl Agcy Corp | |
| Bargain Sale Deed | $470,000 | -- | |
| Bargain Sale Deed | $318,500 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $717,500 | New Conventional | |
| Previous Owner | $200,000 | Seller Take Back | |
| Previous Owner | $100,000 | Commercial |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/09/2026 03/09/26 | Sold | $1,025,000 | -14.5% | -- |
| 12/12/2025 12/12/25 | Pending | -- | -- | -- |
| 09/25/2025 09/25/25 | Price Changed | $1,199,000 | -7.8% | -- |
| 08/29/2025 08/29/25 | For Sale | $1,300,000 | 0.0% | -- |
| 04/30/2022 04/30/22 | Rented | -- | -- | -- |
| 03/24/2022 03/24/22 | For Rent | $1,200 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $13,723 | $406,000 | $54,000 | $352,000 |
| 2025 | $13,723 | $406,000 | $54,000 | $352,000 |
| 2024 | $14,474 | $406,000 | $54,000 | $352,000 |
| 2023 | $15,335 | $406,000 | $54,000 | $352,000 |
| 2022 | $15,335 | $406,000 | $54,000 | $352,000 |
| 2021 | $15,838 | $406,000 | $54,000 | $352,000 |
| 2020 | $17,416 | $442,700 | $54,000 | $388,700 |
| 2019 | $14,119 | $354,400 | $46,900 | $307,500 |
| 2018 | $13,249 | $375,000 | $67,500 | $307,500 |
| 2017 | $12,829 | $375,000 | $67,500 | $307,500 |
| 2016 | $15,633 | $405,000 | $280,000 | $125,000 |
| 2015 | $13,859 | $405,000 | $280,000 | $125,000 |
| 2014 | $14,229 | $425,000 | $300,000 | $125,000 |
Source: Public Records
Agents Affiliated with this Home
-
Edan Young
Seller's Agent in 2026
Edan Young
Exclusive Properties Realty, LLC
(201) 805-0266
1 in this area
59 Total Sales
-
Christopher Ponteri
Buyer's Agent in 2026
Christopher Ponteri
3DX Real Estate, LLC
(609) 703-0006
7 in this area
18 Total Sales
-
Carla Colucci
Seller's Agent in 2022
Carla Colucci
RE/MAX Dreams
(201) 724-6789
161 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 599828
APN: 02-00165-0000-00001
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.
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.
© 2026 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
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