NOT LISTED FOR SALE

The Ritz 2721 Boardwalk Unit 1603 Atlantic City, NJ 08401

Chelsea Neighborhood

Estimated Value: $161,321 - $197,000

1 Bed
1 Bath
571 Sq Ft
566 Sq Ft Lot

Last Sold December 11, 2023

Last sale price $180,000 $315 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,291/month

1 Day on Market

Highlights

  • Ocean Front
  • Building is beachfront but unit may not have water views
  • Main Floor Primary Bedroom
  • The property is located in a historic district
  • Cathedral Ceiling
  • Sauna

About This Home

As of December 2023

Sweeping Ocean views from this Northern exposure one bedroom condo. Freshly painted with several new upgrades throughout the condo. New closet doors, new ceiling tiles, new bath vanity amongst others. The Historic Ritz offers the best of the Salt Life. Full amenities to enjoy when the weather is not cooperating. From the 24 gym to the heated pool, you will have a great time.

Last Agent to Sell the Property

David Hirsch

BOARDWALK REALTY Listed on: 11/02/2023

BOARDWALK REALTY

Last Buyer's Agent

Herbert Hartman

BOARDWALK REALTY

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1921

Lot Details

  • Building is beachfront but unit may not have water views
  • Ocean Front

Home Design

  • Brick Exterior Construction
  • Stucco

Interior Spaces

  • Partially Furnished
  • Cathedral Ceiling
  • Dining Area
  • Water Views
  • Stove

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • 1 Full Bathroom

Location

  • The property is located in a historic district

Utilities

  • Zoned Cooling
  • Cooling System Mounted In Outer Wall Opening
  • Heat Pump System
  • Cable TV Available

Community Details

Overview

  • Association fees include amenities, electric, insurance, maintenance, management, sewer, trash, water, hot water, air conditioning, heat, pool
  • Ritz Condos
  • 11-Story Property

Amenities

  • Sauna
  • Courtesy Bus
  • Laundry Facilities
  • Elevator

Recreation

  • Community Boardwalk
  • Outdoor Community Showers
  • Community Pool

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Security Service

Property Details

Home Type

Condominium

Year Built

Built in 1921

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Also Includes: Partially Furnished
  • Year Built: 1921
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Eleven Or More
  • Unit Location: Water View
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 4

Interior Features

  • Appliances: Electric Stove, Refrigerator
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Other Rooms: Dining Area, Primary Br On 1st Floor
  • Common Area Features: Bus Service, Cable Tv, Elevator, Laundromat On Site, Outside Shower, Pool, Sauna, Security

Exterior Features

  • Siding Exterior: Brick, Stucco

Utilities

  • Air Conditioner: Multi-Zoned, Wall Units
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water: Public Water

Condo/Co-op/Association

  • HOA Includes: Amenities, Electric, Insurance, Maintenance, Management, Sewer, Trash, Water, Hot Water, Air Conditioning, Heat, Pool
  • Condo Name: Ritz
  • Management: Association, On-Site Professionals

Lot Info

  • Location: Beach Block, Boardwalk Front, Historical District, Ocean Front, Boardwalk Area, Water View

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Cathedral Ceiling(s), Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 2, 2023
Closed on
Dec 11, 2023
Sold by
Siwek Adam M and Siwek Jennifer A
Bought by
Lonigro Santo and Lonigro Lisa
Seller's Agent
David Hirsch
BOARDWALK REALTY
Buyer's Agent
Herbert Hartman
BOARDWALK REALTY
List Price
$180,000
Sold Price
$180,000
Views
13
Current Estimated Value
$182,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,580
Avg. Annual Appreciation
0.72%

Purchase Details

Closed on
Dec 14, 2021
Sold by
Rosemary Frain
Bought by
Siwek Adam M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,500
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2003
Sold by
Chiartas Lillian
Bought by
Frain Rosemary
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lonigro Santo $180,000 Shore Title
Siwek Adam M $110,000 Chicago Title
Frain Rosemary -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Siwek Adam M $82,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2023 12/11/23 Sold $180,000 0.0% $315 / Sq Ft
11/03/2023 11/03/23 Pending -- -- --
11/02/2023 11/02/23 For Sale $180,000 -- $315 / 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
2025 $3,970 $115,000 $25,000 $90,000
2024 $3,970 $115,000 $25,000 $90,000
2023 $3,260 $86,300 $25,000 $61,300
2022 $3,260 $86,300 $25,000 $61,300
2021 $3,367 $86,300 $25,000 $61,300
2020 $3,395 $86,300 $25,000 $61,300
2019 $2,849 $71,500 $35,800 $35,700
2018 $2,526 $71,500 $35,800 $35,700
2017 $3,079 $90,000 $45,000 $45,000
2016 $3,474 $90,000 $45,000 $45,000
2015 $3,935 $115,000 $57,500 $57,500
2014 $4,185 $125,000 $62,500 $62,500
Source: Public Records

Agents Affiliated with this Home

  • David Hirsch

    Seller's Agent in 2023

    David Hirsch

    BOARDWALK REALTY

    (609) 214-9567

    134 in this area

    192 Total Sales

    David Hirsch
    Section Image
  • Herbert Hartman

    Buyer's Agent in 2023

    Herbert Hartman

    BOARDWALK REALTY

    (609) 345-3101

    17 in this area

    41 Total Sales

    Herbert Hartman
    Section Image
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About The Ritz

Map

Source: South Jersey Shore Regional MLS

MLS Number: 579323

South Jersey Shore Regional MLS

APN: 02-00031-0000-00002-0000-C1603

New Jersey Atlantic County Atlantic City 08401 Chelsea

2721 Boardwalk Unit 1603, Atlantic City, NJ

Not Listed for Sale

Condos

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