NOT LISTED FOR SALE

29 S Presbyterian Ave Atlantic City, NJ 08401

Downtown Atlantic City Neighborhood

Estimated Value: $124,000 - $201,000

4 Beds
2.5 Baths
1,596 Sq Ft
$98/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $98,000 $61 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $1,058/month

34 Days on Market

Highlights

  • Wood Flooring
  • Library
  • Shed
  • Breakfast Area or Nook

About This Home

As of December 2023

If you looking for a beachside retreat or a short-term rental investment opportunity don't look further. This 4 bedrooms and 2.5 bathroom property is conveniently located close to the beach and boardwalk, making it a great spot for those who love the sea and entertainment. Additionally, it's near the popular Hard Rock Hotel & Casino, The Ocean Hotel &Casino, The Showboat Hotel with the brand new AC Water Park, which could be a significant attraction for potential buyers or renters. The property has undergone several updates. These updates include hardwood floors, appliances, a good condition water heater and a portion of the roof replaced in the same year. These updates indicate that the property is well-maintained.  The property has a great layout  with a living room and kitchen on the ground floor, along with a half bathroom and access to the backyard, which includes a shed. This setup provides a comfortable living space on the main level. The bedrooms are located on the second and third floors, with two bedrooms on each floor and a full bathroom on each of those levels. There is an extra room on the second floor, which can be used as an office or workout space. Given its size, location, and layout, the property is described as ideal for short-term rental. Great income producing potential! The property is being SOLD with a Land Use only and "as is". CASH offers onlly

Last Agent to Sell the Property

Emily Christian

FARLEY and FERRY REALTY, INC Listed on: 10/27/2023

Last Buyer's Agent

AGENT NON-MEMBER

NON-MEMBER OFFICE License #00000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,499

Lot Details

  • 741

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 3-Story Property
  • Insulated Windows
  • Library
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Stove

Bedrooms and Bathrooms

  • 4 Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Heating System Uses Natural Gas
  • Gas Water Heater

Additional Features

  • Shed
  • Lot Dimensions are 14 x 52

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,499

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 3 Story
  • Age: 25+ Years
  • Lvt Date: 10/27/2023
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 3

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Flooring: Hardwood
  • Interior Amenities: Carbon Monoxide Detector, Smoke/Fire Alarm
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Basement: Slab
  • Other Rooms: Breakfast Nook, Library/Study

Exterior Features

  • Outside Features: Shed
  • Siding Exterior: Brick, Vinyl
  • Storm Screens: Insulated Glass

Utilities

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

Lot Info

  • Lot Dimensions: 14 x 52
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2023
Closed on
Jan 8, 2024
Sold by
Promeza Atlantic Llc
Bought by
29 S Pres Llc
Seller's Agent
Emily Christian
FARLEY and FERRY REALTY, INC
Buyer's Agent
AGENT NON-MEMBER
NON-MEMBER OFFICE
List Price
$169,400
Sold Price
$98,000
Premium/Discount to List
-$71,400
-42.15%
Views
80
Current Estimated Value
$157,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,176
Avg. Annual Appreciation
34.99%

Purchase Details

Listed on
Jun 17, 2019
Closed on
Dec 30, 2019
Sold by
Messina Michael
Bought by
Promeza Atlantic Llc
Seller's Agent
Tina Lobiondo
FARLEY and FERRY REALTY, INC
Buyer's Agent
Emily Christian
FARLEY and FERRY REALTY, INC
List Price
$64,788
Sold Price
$56,094
Premium/Discount to List
-$8,694
-13.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.97%
Source: Public Records

Range of Values:

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Average Value
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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
29 S Pres Llc $98,000 Chicago Title
Promeza Atlantic Llc $56,094 Surety Title Company Llc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $98,000 -40.4% $61 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/16/2023 11/16/23 Price Changed $164,400 -3.0% $103 / Sq Ft
10/27/2023 10/27/23 For Sale $169,400 +202.0% $106 / Sq Ft
12/30/2019 12/30/19 Sold $56,094 -6.2% $35 / Sq Ft
12/04/2019 12/04/19 Pending -- -- --
10/30/2019 10/30/19 Price Changed $59,788 -7.7% $37 / Sq Ft
09/11/2019 09/11/19 For Sale $64,788 +15.5% $41 / Sq Ft
08/07/2019 08/07/19 Off Market $56,094 -- --
06/17/2019 06/17/19 For Sale $64,788 -- $41 / 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 $2,499 $72,400 $26,500 $45,900
2024 $2,499 $72,400 $26,500 $45,900
2023 $2,735 $72,400 $26,500 $45,900
2022 $2,735 $72,400 $26,500 $45,900
2021 $2,824 $72,400 $26,500 $45,900
2020 $2,848 $72,400 $26,500 $45,900
2019 $2,868 $72,000 $12,000 $60,000
2018 $2,544 $72,000 $12,000 $60,000
2017 $2,737 $80,000 $20,000 $60,000
2016 $3,088 $80,000 $20,000 $60,000
2015 $2,738 $80,000 $20,000 $60,000
2014 $4,018 $120,000 $80,000 $40,000
Source: Public Records

Agents Affiliated with this Home

  • Emily Christian

    Seller's Agent in 2023

    Emily Christian

    FARLEY and FERRY REALTY, INC

    (609) 703-3415

    2 in this area

    28 Total Sales

    Emily Christian
    Section Image

  • A

    Buyer's Agent in 2023

    AGENT NON-MEMBER

    NON-MEMBER OFFICE

  • Tina Lobiondo

    Seller's Agent in 2019

    Tina Lobiondo

    FARLEY and FERRY REALTY, INC

    (609) 501-3211

    27 Total Sales

    Tina Lobiondo
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 579153

South Jersey Shore Regional MLS

APN: 02-00136-0000-00028

New Jersey Atlantic County Atlantic City 08401 Downtown Atlantic City

29 S Presbyterian Ave, Atlantic City, NJ

This home is located at 29 S Presbyterian Ave, Atlantic City, NJ 08401 since 27 October 2023 and is currently estimated at $157,176, approximately $98 per square foot. 29 S Presbyterian Ave is a home located in Atlantic County with nearby schools including Pennsylvania Avenue School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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