$407,081 - $500,000
RENTED FEB 1, 2025

36 S Elberon Ave Atlantic City, NJ 08401

Lower Chelsea Neighborhood
2 Beds
2 Baths
2,372 Sq Ft
$192 Price per Sq Ft

Last Sold July 23, 2024

Last sale price $400,000 $169 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,757/month

About This Home

As of February 2025

2 bedroom 2 bath for RENT ASAP

Last Agent to Rent the Property

Michael J. Lerman

Realty Mark Advantage License #2079026 Listed on: 10/30/2024

Realty Mark Advantage

Last Renter's Agent

Michael J. Lerman

Realty Mark Advantage License #2079026 Listed on: 10/30/2024

Realty Mark Advantage

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,023

Year Built

  • Built in 1915

Lot Details

  • 2,374 Sq Ft Lot
  • Lot Dimensions are 38.00 x 62.50
  • Property is zoned R-2

Home Design

  • Frame Construction

Interior Spaces

  • 2,372 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Heating Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,400
  • No Smoking Allowed
  • 12-Month Min and 24-Month Max Lease Term
  • Available 11/1/24
  • Assessor Parcel Number 02-00195-00008

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,023

Year Built

Built in 1915

Lot Details

0

Rental Info

  • Date Available: 2024-11-01
  • Pets Allowed: No
  • Security Deposit: 2400.00
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Max Lease in Months: 24
  • Min Lease in Months: 12
  • Rent Spree Online Application: No

Listing Details

  • Property Type: Residential Lease
  • New Construction: No
  • Story List: Main
  • Year Built: 1915
  • Remarks Public: 2 bedroom 2 bath for RENT ASAP
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: No
  • Levels Count: 1
  • Basement: No
  • Total Sq Ft: 2372
  • Living Area Sq Ft: 2372
  • Price Per Sq Ft: 0.70
  • Above Grade Finished Sq Ft: 2372
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 36

Beds/Baths

  • Bedrooms: 2
  • Main Level Bedrooms: 2
  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Main Level Bathrooms: 2.00
  • Main Level Full Bathrooms: 2

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No

Utilities

  • Central Air Conditioning: No
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • School District: ABSECON CITY SCHOOLS
  • School District Key: 300200396905
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Dimensions: 38.00 x 62.50
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2374.00
  • Zoning: R-2

Tax Info

  • Assessor Parcel Number: 02-00195-00008
  • Tax Total Finished Sq Ft: 2372
  • Tax Data Updated: No
  • Close Date: 02/01/2025

MLS Schools

  • School District Name: ABSECON CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Jul 23, 2024
Sold by
Yan Paochi
Bought by
36 S Elberon Avenue 4 Llc
Seller's Agent
Scott Sandlin
BOARDWALK REALTY
Buyer's Agent
LYDIA LEWIS
MARKETPLACE REALTY
List Price
$379,000
Sold Price
$400,000
Premium/Discount to List
$21,000
5.54%
Views
7
Current Estimated Value
$427,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,014
Avg. Annual Appreciation
10.82%
Original Mortgage
$496,800
Outstanding Balance
$169,390
Interest Rate
6.86%
Mortgage Type
Construction
Estimated Equity
$276,640
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
36 S Elberon Avenue 4 Llc $400,000 Surety Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed 36 S Elberon Avenue 4 Llc $496,800
Previous Owner Yan Paochi $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2025 02/01/25 Rented $1,650 0.0% --
10/30/2024 10/30/24 For Rent $1,650 0.0% --
07/23/2024 07/23/24 Sold $400,000 +5.5% $168 / Sq Ft
06/27/2024 06/27/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $379,000 -- $160 / Sq Ft
Source: Bright 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
2024 $5,023 $145,500 $58,800 $86,700
2023 $5,496 $145,500 $58,800 $86,700
2022 $5,496 $145,500 $58,800 $86,700
2021 $5,676 $145,500 $58,800 $86,700
2020 $6,818 $173,300 $58,800 $114,500
2019 $5,976 $150,000 $40,000 $110,000
2018 $5,653 $160,000 $50,000 $110,000
2017 $5,474 $160,000 $50,000 $110,000
2016 $7,334 $190,000 $115,000 $75,000
2015 $6,502 $190,000 $115,000 $75,000
2014 $6,361 $190,000 $115,000 $75,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2025

    Michael J. Lerman

    Realty Mark Advantage

    (732) 921-2991

    1 in this area

    17 Total Sales

    Section Image
  • Scott Sandlin

    Seller's Agent in 2024

    Scott Sandlin

    BOARDWALK REALTY

    (484) 620-9689

    13 in this area

    146 Total Sales

    Section Image
  • LYDIA LEWIS

    Buyer's Agent in 2024

    LYDIA LEWIS

    MARKETPLACE REALTY

    (609) 457-6643

    13 in this area

    52 Total Sales

    Section Image
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Map

Source: Bright MLS

MLS Number: NJAC2015046

Bright MLS

APN: 02-00195-0000-00008

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

36 S Elberon Ave, Atlantic City, NJ

This home is located at 36 S Elberon Ave, Atlantic City, NJ 08401 since 30 October 2024 and is currently priced at $455,020. This property was built in 1915. 36 S Elberon Ave is a home located in Atlantic County with nearby schools including Richmond Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

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