NOT LISTED FOR SALE

3 N Newton Place Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $446,000 - $856,000

-- Bed
-- Bath
2,986 Sq Ft
$208/Sq Ft Est. Value

Last Sold January 31, 2023

Last sale price $350,000 $117 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $4,144/month

55 Days on Market

Highlights

  • Enclosed Patio or Porch
  • Outdoor Shower
  • Zoned Heating

About This Home

As of January 2023

INVESTOR ALERT !! UNIQUE OPPORTUNITY - OWN Multi-family TRIPLEX ONLY 2 BLOCKS to BEACH and BOARDWALK. CLOSE to VENTNOR BORDER. THREE UNITS ALL FULLY OCCUPIED. Identical 1st & 2nd Floor Units featuring 3 bedrooms + 1.5 baths w/ spacious kitchen, living area, dining room, and more! First floor offers an open front porch, while 2nd floor boasts a generous enclosed sun porch/ additional living area. Ground floor unit offers 2 bedrooms & 1 bathroom, w/ large eat-in kitchen, living area + separate side entrance. Plenty of off-street parking. CONVENIENT to restaurants, shopping, beach, bay and more! CALL TODAY to TOUR, INVEST, and OWN this CENTRALLY LOCATED RESIDENCE.

Last Agent to Sell the Property

Linda Falzani

RE/MAX ATLANTIC Listed on: 10/01/2022

RE/MAX ATLANTIC

Last Buyer's Agent

Flamur Rama

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,172

Year Built

  • Built in 1930

Lot Details

  • 2,831

Home Design

  • Triplex
  • Cedar Siding

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Interior and Exterior Basement Entry

Outdoor Features

  • Outdoor Shower
  • Enclosed Patio or Porch

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Stove
  • Lot Dimensions are 45 x 62.5

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,172

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Lvt Date: 10/01/2022
  • Year Built: 1930
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator
  • Basement: Finished, Full, Heated, Inside Entrance, Outside Entrance, Plumbing

Exterior Features

  • Outside Features: Curbs, Outside Shower, Porch, Porch-Enclosed, Sidewalks
  • Siding Exterior: Cedar
  • Storm Screens: Combination

Utilities

  • Air Conditioner: Window Units
  • Heating: Gas-Natural, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 45 x 62.5

Rental Info

  • Rental Information: Yearly

Multi Family

  • Number Of Units: 3
  • Number Of2 Bedroom Units: 1
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric, Gas, Heat, Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 1, 2022
Closed on
Feb 21, 2023
Sold by
North Newton Llc
Bought by
Dalipi Nj Ac Properties Llc
Seller's Agent
Linda Falzani
RE/MAX ATLANTIC
Buyer's Agent
Flamur Rama
KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
List Price
$489,900
Sold Price
$350,000
Premium/Discount to List
-$139,900
-28.56%
Views
118
Current Estimated Value
$620,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$270,277
Avg. Annual Appreciation
25.05%

Purchase Details

Closed on
Oct 25, 2016
Sold by
Piccolo Maurizio and Diane Cosola
Bought by
North Newton Llc

Purchase Details

Closed on
Oct 14, 2016
Sold by
Piccolo Maurizio and Piccolo Cosola
Bought by
North Newton Llc

Purchase Details

Closed on
Dec 15, 2015
Sold by
Feldman Susan R and Snow Hope
Bought by
Piccolo Maurizio and Cosolo Diane

Purchase Details

Closed on
Jul 14, 2009
Sold by
Feldman Susan R
Bought by
Feldman Susan R and Snow Hope 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
Dalipi Nj Ac Properties Llc $350,000 Atlantic Shore Title
North Newton Llc -- --
North Newton Llc -- --
Piccolo Maurizio $100,000 None Available
Feldman Susan R -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner N Newton Llc $192,500
Previous Owner Feldman Susan R $80,000
Previous Owner Neiman Martin S $20,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $350,000 -11.4% $117 / Sq Ft
01/26/2023 01/26/23 Price Changed $395,000 -19.4% $132 / Sq Ft
11/25/2022 11/25/22 Pending -- -- --
10/01/2022 10/01/22 For Sale $489,900 0.0% $164 / Sq Ft
08/01/2013 08/01/13 Rented -- -- --
07/02/2013 07/02/13 Under Contract -- -- --
03/18/2013 03/18/13 For Rent -- -- --
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 $9,172 $265,700 $59,800 $205,900
2024 $9,172 $265,700 $59,800 $205,900
2023 $10,035 $265,700 $59,800 $205,900
2022 $10,035 $265,700 $59,800 $205,900
2021 $10,365 $265,700 $59,800 $205,900
2020 $10,453 $265,700 $59,800 $205,900
2019 $11,753 $295,000 $200,000 $95,000
2018 $10,422 $295,000 $200,000 $95,000
2017 $10,092 $295,000 $200,000 $95,000
2016 $11,387 $295,000 $200,000 $95,000
2015 $10,095 $295,000 $200,000 $95,000
2014 $13,057 $390,000 $259,500 $130,500
Source: Public Records

Agents Affiliated with this Home

  • Linda Falzani

    Seller's Agent in 2023

    Linda Falzani

    RE/MAX

    (609) 217-2755

    1 in this area

    33 Total Sales

    Linda Falzani
    Section Image
  • Flamur Rama

    Buyer's Agent in 2023

    Flamur Rama

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 703-9208

    4 in this area

    49 Total Sales

    Flamur Rama
    Section Image
  • Donna Palazzo-Burnside

    Seller's Agent in 2013

    Donna Palazzo-Burnside

    BALSLEY/LOSCO-VENTNOR

    (609) 412-6917

    4 in this area

    47 Total Sales

    Donna Palazzo-Burnside
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 567658

South Jersey Shore Regional MLS

APN: 02-00215-0000-00020

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

3 N Newton Place, Atlantic City, NJ

This home is located at 3 N Newton Place, Atlantic City, NJ 08401 since 01 October 2022 and is currently estimated at $620,277, approximately $207 per square foot. This property was built in 1930. 3 N Newton Place is a home located in Atlantic County with nearby schools including Richmond Avenue School, Atlantic City High School, and St. James Elementary School.

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