NOT LISTED FOR SALE

3111 Atlantic Ave Longport, NJ 08403

Estimated Value: $1,653,000 - $3,309,000

-- Bed
-- Bath
-- Sq Ft
2,570 Sq Ft Lot

Last Sold March 05, 2021

Last sale price $980,000

Est. 164% increase in value since last sale

Current estimated payment $15,537/month

565 Days on Market

About This Home

As of March 2021

Looking for an exclusive and awesome address? It's all about location here in Longport! Island life at its finest!! This Atlantic Ave property is zoned as a 2 family home and just a short block away from the pristine and tranquil beaches of Longport. It's a great opportunity for the right buyer to either renovate and keep it as a rental property, tear it down and build a new gorgeous shore home or of course research a two unit condo project! If you choose to keep it as a rental investment it has a huge income potential.Each unit has 2 bedrooms and 1,5 bathrooms, a covered front porch facing Atlantic Ave with unobstructed views. Driveway and one car garage. Unique opportunity in escalating market. Property is currently completely leased. Tenancies are on a month to month basis. History of successful leasing. Its available now for you!!

Last Agent to Sell the Property

Mary Lou Ferry

FARLEY and FERRY REALTY, INC Listed on: 08/03/2019

Last Buyer's Agent

Brian Hiltner

BHHS FOX and ROACH-Margate II

BHHS FOX and ROACH-Margate II

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,622

Year Built

  • Built in 1964

Lot Details

  • 2,570

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Siding

Parking

  • 1 Car Garage
  • Shared Driveway

Utilities

  • Heating Available
  • Separate Meters

Additional Features

  • Crawl Space
  • Lot Dimensions are 40x64.7

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,622

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 08/03/2019
  • Year Built: 1964
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space

Exterior Features

  • Siding Exterior: Brick, Shingle
  • Storm Screens: Combination

Garage/Parking

  • Driveway: Concrete, Shared
  • Garage: One Car
  • Parking Exterior: One Car

Utilities

  • Heating: Electric
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 40X64.7

Rental Info

  • Rental Information: 100 Percent Occupancy, Monthly, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 2
  • Number Of2 Bedroom Units: 2
  • Separate Meters: Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2019
Closed on
Mar 2, 2021
Sold by
Brown Christine Marie and Estate Of Rose Rhoads
Bought by
Kiszka Robert and Kiszka Marta
Seller's Agent
Mary Lou Ferry
FARLEY and FERRY REALTY, INC
Buyer's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
List Price
$1,150,000
Sold Price
$980,000
Premium/Discount to List
-$170,000
-14.78%
Current Estimated Value
$2,586,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,606,754
Avg. Annual Appreciation
23.95%
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
Kiszka Robert $980,000 Diversified Setmnt Svcs Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $980,000 -1.0% --
02/18/2021 02/18/21 Pending -- -- --
11/17/2020 11/17/20 Price Changed $990,000 -5.7% --
08/25/2020 08/25/20 Price Changed $1,050,000 -8.7% --
08/03/2019 08/03/19 For Sale $1,150,000 0.0% --
04/01/2016 04/01/16 Rented -- -- --
03/02/2016 03/02/16 Under Contract -- -- --
02/18/2016 02/18/16 For Rent -- -- --
02/12/2012 02/12/12 Rented -- -- --
01/13/2012 01/13/12 Under Contract -- -- --
01/02/2012 01/02/12 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 $18,622 $1,659,700 $715,100 $944,600
2024 $18,622 $1,659,700 $715,100 $944,600
2023 $7,244 $715,100 $715,100 $0
2022 $7,244 $715,100 $715,100 $0
2021 $8,030 $825,300 $715,100 $110,200
2020 $8,137 $825,300 $715,100 $110,200
2019 $8,121 $825,300 $715,100 $110,200
2018 $8,121 $825,300 $715,100 $110,200
2017 $7,956 $825,300 $715,100 $110,200
2016 $7,642 $825,300 $715,100 $110,200
2015 $7,485 $825,300 $715,100 $110,200
2014 $7,411 $825,300 $715,100 $110,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 526003

South Jersey Shore Regional MLS

APN: 15-00071-0000-00002