$250,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $1,695/month

Total Views 6,567
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Investor Special! This duplex offers two spacious 3-bedroom units and is ideally located just minutes from the beach and famous Atlantic City casinos. A full gut renovation is needed, presenting a fantastic opportunity to create significant value. Whether you're looking to flip, rent, or develop, the possibilities are endless. Buyer is responsible for all due diligence regarding zoning and usage. Don’t miss this prime investment opportunity in a high-demand area!

Listing Agent

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 04/17/2025

BHHS FOX and ROACH-Margate

Co-Listing Agent

Todd Gordon

BHHS FOX and ROACH-Margate III

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,350

Home Design

  • Duplex
  • Brick Exterior Construction

Additional Features

  • Porch
  • Lot Dimensions are 18.75x78
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,350

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 04/17/2025
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Outside Features: Curbs, Porch, Sidewalks
  • Siding Exterior: Brick

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 18.75x78

Multi Family

  • Number Of Units: 2

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

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 $4,350 $126,000 $30,900 $95,100
2024 $4,350 $126,000 $30,900 $95,100
2023 $4,759 $126,000 $30,900 $95,100
2022 $4,759 $126,000 $30,900 $95,100
2021 $4,915 $126,000 $30,900 $95,100
2020 $4,957 $126,000 $30,900 $95,100
2019 $5,976 $150,000 $70,000 $80,000
2018 $5,300 $150,000 $70,000 $80,000
2017 $5,132 $150,000 $70,000 $80,000
2016 $5,790 $150,000 $70,000 $80,000
2015 $5,133 $150,000 $70,000 $80,000
2014 $5,022 $150,000 $70,000 $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2025 04/17/25 For Sale $250,000 +400.0% --
07/10/2019 07/10/19 Sold $50,000 +177.8% $20 / Sq Ft
06/04/2019 06/04/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $18,000 -- $7 / Sq Ft
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $50,000 Surety Title Company Llc
Sheriffs Deed $1,000 None Available
Deed $322,000 --
Deed $88,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $312,340 Purchase Money Mortgage
Source: Public Records

Source: South Jersey Shore Regional MLS

MLS Number: 595300

South Jersey Shore Regional MLS

APN: 02-00169-0000-00006