NOT LISTED FOR SALE

322 N Suffolk Ave Ventnor City, NJ 08406

Estimated Value: $492,000 - $637,000

3 Beds
2 Baths
-- Sq Ft
7,841 Sq Ft Lot

Last Sold October 13, 2022

Last sale price $430,000

Est. 33% increase in value since last sale

Current estimated payment $3,600/month

67 Days on Market

Highlights

  • Den
  • 1 Car Attached Garage
  • Walk-In Closet
  • Porch
  • In-Law or Guest Suite
  • Patio

About This Home

As of October 2022

This unique Ventnor Heights home has the full potential to be something great! Sitting on a oversized 99x80 lot the possibilities are endless, build new construction , add on, or even lift and build up ! The second floor of the home is the main living space with one large bedroom , a full bath ,large walk-in closet and a kitchen. The ground floor of the home offers two more bedrooms , another full bath, a second kitchen and living space. Also attached to the home is a large garage. Large lots like this are few and far between anymore ! The property is easy to show!

Last Agent to Sell the Property

Richard Dicioccio III

BHHS FOX and ROACH-Margate Listed on: 06/23/2022

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Cheryl Huber

BHHS FOX and ROACH-109 34th OC

BHHS FOX and ROACH-109 34th OC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,794

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 99x80
  • Fenced

Parking

  • 1 Car Attached Garage

Home Design

  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Wood Burning Fireplace
  • Gas Log Fireplace
  • Den
  • Storage

Kitchen

  • Stove
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Tankless Water Heater

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,794

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Lvt Date: 06/25/2022
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Fireplace: Gas Log, Wood Burning
  • Flooring: Tile, W/W Carpet
  • Interior Amenities: Storage, Walk In Closet
  • Bedrooms: 3
  • Bedroom 1: On Level: Upper
  • Bedroom 2: On Level: Lower
  • Bedroom 3: On Level: Lower
  • Full Bathrooms: 2
  • Bathroom 1 Level: Upper
  • Bathroom 2 Level: Upper
  • Kitchen: On Level: Upper
  • Living Room: On Level: Upper
  • Other Rooms: Den/Tv Room, In-Law Quarters, Laundry/Utility Room

Exterior Features

  • Outside Features: Fenced Yard, Patio, Porch
  • Siding Exterior: Concrete, Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: Attached Garage
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Wall Units
  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Tankless-Gas

Lot Info

  • Lot Dimensions: 99x80
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 23, 2022
Closed on
Sep 30, 2022
Sold by
Lacovara William Rocco and Lacovara Mary Ann
Bought by
Palestini Gerald and Palestini Rosemary
Seller's Agent
Richard Dicioccio III
BHHS FOX and ROACH-Margate
Buyer's Agent
Cheryl Huber
BHHS FOX and ROACH-109 34th OC
List Price
$540,000
Sold Price
$430,000
Premium/Discount to List
-$110,000
-20.37%
Views
41
Current Estimated Value
$571,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,653
Avg. Annual Appreciation
10.51%
Original Mortgage
$344,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2015
Sold by
Flanagan Kevin
Bought by
Lacovara William R and Lacovara Mary Ann

Purchase Details

Closed on
Oct 5, 1998
Sold by
Lacovara William and Lacovara Maryann
Bought by
Flanagan Angelina and Flanagan Marvin

Purchase Details

Closed on
Apr 30, 1998
Sold by
Lacovara William and Lacovara Maryann
Bought by
Lacovara William and Lacovara Maryann

Purchase Details

Closed on
May 6, 1996
Sold by
Mann Eric D and Haas Alfred W
Bought by
Baker Lois S
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
Palestini Gerald $430,000 Trident Land Transfer
Lacovara William R $110,000 Surety Title Co
Flanagan Angelina $95,000 --
Lacovara William -- --
Lacovara William -- --
Lacovara William -- --
Baker Lois S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palestini Gerald $344,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/13/2022 10/13/22 Sold $430,000 -11.3% --
08/29/2022 08/29/22 Pending -- -- --
07/25/2022 07/25/22 Price Changed $485,000 -10.2% --
06/23/2022 06/23/22 For Sale $540,000 -- --
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
2025 $6,794 $248,600 $135,200 $113,400
2024 $6,794 $248,600 $135,200 $113,400
2023 $6,394 $248,600 $135,200 $113,400
2022 $6,394 $248,600 $135,200 $113,400
2021 $6,434 $248,600 $135,200 $113,400
2020 $6,441 $248,600 $135,200 $113,400
2019 $6,426 $248,600 $135,200 $113,400
2018 $6,548 $248,600 $135,200 $113,400
2017 $6,583 $248,600 $135,200 $113,400
2016 $6,405 $293,000 $243,000 $50,000
2015 $7,682 $366,200 $258,700 $107,500
2014 $7,290 $366,200 $258,700 $107,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 564471

South Jersey Shore Regional MLS

APN: 22-00212-0000-00018-02