NOT LISTED FOR SALE

2707 Atlantic Ave Longport, NJ 08403

Estimated Value: $2,793,000 - $4,052,000

5 Beds
5.5 Baths
-- Sq Ft
2,091 Sq Ft Lot

Last Sold August 25, 2022

Last sale price $2,965,000

Est. 12% increase in value since last sale

Current estimated payment $19,949/month

115 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Corner Lot
  • New Construction
  • Deck
  • Detached Garage

About This Home

As of August 2022

4-Story NEW house on an over-sized double lot steps to the beach. Approximately 4,000 square feet (includes first level) 5 bedrooms, 5.5 baths with a full sized pool and outdoor kitchen in the front yard. Ocean views from multiple decks. Detached garage and off-street parking/driveway. Elevator to all levels. Home is currently 80% finished, finished photographs to follow. Call for details, finishes, etc.

Last Agent to Sell the Property

Jerome DiPentino

LONG and FOSTER REAL ESTATE INC-Longport License #RB-9110222 Listed on: 02/28/2022

LONG and FOSTER REAL ESTATE INC-Longport

Last Buyer's Agent

Angel DiPentino

LONG and FOSTER REAL ESTATE INC-Longport License #SP-8833200

LONG and FOSTER REAL ESTATE INC-Longport

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,294

Lot Details

  • Corner Lot

Parking

  • Detached Garage

Home Design

  • New Construction

Interior Spaces

  • 3-Story Property
  • Elevator
  • Water Views

Bedrooms and Bathrooms

  • 5 Bedrooms

Outdoor Features

  • In Ground Pool
  • Deck

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,294

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Lvt Date: 02/28/2022
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Interior Amenities: Elevator
  • Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1

Exterior Features

  • Outside Features: Deck, Pool-In Ground

Garage/Parking

  • Garage: Detached Garage

Utilities

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

Lot Info

  • Location: Corner, Water View
  • Lot Dimensions: 55' x 113' Irr
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
Aug 24, 2022
Sold by
2707 Atlantic Ave Llc
Bought by
Klein Oconnell Family Trust
Seller's Agent
Jerome DiPentino
LONG and FOSTER REAL ESTATE INC-Longport
Buyer's Agent
Angel DiPentino
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$3,695,000
Sold Price
$2,965,000
Premium/Discount to List
-$730,000
-19.76%
Views
1
Current Estimated Value
$3,334,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$369,737
Avg. Annual Appreciation
4.05%

Purchase Details

Listed on
Apr 29, 2020
Closed on
Sep 30, 2020
Sold by
Callahan Tina M
Bought by
2707 Atlantic Avenue Llc
Seller's Agent
Jerome DiPentino
LONG and FOSTER REAL ESTATE INC-Longport
Buyer's Agent
Jerome DiPentino
LONG and FOSTER REAL ESTATE INC-Longport
List Price
$1,200,000
Sold Price
$999,000
Premium/Discount to List
-$201,000
-16.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
77.28%

Purchase Details

Closed on
Jul 9, 2018
Sold by
Callahan Tina M
Bought by
Callahan John P and Callahan Tina M

Purchase Details

Closed on
Aug 14, 2003
Sold by
Callahan John
Bought by
Callahan Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 3, 1998
Sold by
Philadelphia Suburban Development Corp
Bought by
City Of Atlantic City

Purchase Details

Closed on
Aug 20, 1991
Sold by
First Federal Savings & Loan
Bought by
Callahan John P and Callahan Tina M

Purchase Details

Closed on
Oct 11, 1990
Sold by
Floriani Mario F Sheriff
Bought by
First Fed Sav & Loan Ass Rochestr

Purchase Details

Closed on
Sep 19, 1988
Sold by
Orsino John G
Bought by
Bova Nicholas F
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
Klein Oconnell Family Trust $2,965,000 Infinity Title
2707 Atlantic Avenue Llc $999,000 Surety Title Company
Callahan John P -- None Available
Callahan Tina -- --
Callahan Tina M -- --
City Of Atlantic City -- The Title Company
Callahan John P $215,000 --
First Fed Sav & Loan Ass Rochestr $100 --
Bova Nicholas F $190,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Callahan John P $150,000
Previous Owner Callahan Tina M $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2022 08/25/22 Sold $2,965,000 -10.0% --
06/23/2022 06/23/22 Pending -- -- --
05/16/2022 05/16/22 Price Changed $3,295,000 -10.8% --
02/28/2022 02/28/22 For Sale $3,695,000 +269.9% --
09/30/2020 09/30/20 Sold $999,000 -16.8% --
08/01/2020 08/01/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $1,200,000 -- --
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
2024 $20,294 $1,808,700 $511,800 $1,296,900
2023 $18,008 $1,777,700 $511,800 $1,265,900
2022 $5,185 $511,800 $511,800 $0
2021 $4,980 $511,800 $511,800 $0
2020 $5,277 $535,200 $511,800 $23,400
2019 $5,266 $535,200 $511,800 $23,400
2018 $5,266 $535,200 $511,800 $23,400
2017 $5,159 $535,200 $511,800 $23,400
2016 $4,956 $535,200 $511,800 $23,400
2015 $4,854 $535,200 $511,800 $23,400
2014 $4,806 $535,200 $511,800 $23,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 560090

South Jersey Shore Regional MLS

APN: 15-00032-0000-00001