$125,000
SOLD FEB 11, 2025
0.09 Acre
$1,388,889 Price per Acre
3,920 Sq Ft Lot

Recently Sold

44% Below List Price

161 Days on Market

About This Lot

As of February 2025

This prime 3,750 square foot plot of land is located in the heart of Atlantic City, NJ, offering an exceptional opportunity for development in a vibrant and rapidly growing area. Situated just minutes from the famous Atlantic City Boardwalk, casinos, shopping, and dining, this lot is perfect for residential or mixed-use development. With easy access to major highways and public transportation, this property is ideal for investors looking to capitalize on the city's ongoing revitalization efforts. Whether you're looking to build a custom home, multi-family dwelling, or a commercial space, this land provides the flexibility and location to meet your needs. Don't miss out on this rare opportunity to own a piece of land in one of Atlantic City's most desirable areas. Act now to secure your spot in this thriving community!

Last Agent to Sell the Property

Justin Levin

KELLER WILLIAMS REALTY JERSEY SHORE-Atlantic City Listed on: 08/14/2024

KELLER WILLIAMS REALTY JERSEY SHORE-Atlantic City

Last Buyer's Agent

Kenneth Robinson

BHHS FOX and ROACH-Margate

BHHS FOX and ROACH-Margate

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,589

Lot Details

  • 3,920 Sq Ft Lot
  • Lot Dimensions are 150x50
  • Level Lot
  • Cleared Lot
  • Property is zoned Business/Shop/Office, Casino, Commercial, Duplex, Hotel/Motel, Mixed Use, Multi Family

Utilities

  • Gas Available

Community Details

  • Community Boardwalk

Property Details

Property Type

Land

Est. Annual Taxes

$2,589

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 08/14/2024
  • Development Status: Buildable Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: Town

Utilities

  • Utilities Available: Cable, Electric, Gas, Sewer, Water

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 150X50
  • Number Of Acres: 0.09
  • Improvements: Curb, Paved Road, Sidewalks
  • Number Of Lots: One
  • Topography: Cleared, Level
  • Zoning: Business/Shop/Office, Casino, Commercial, Duplex, Hotel/Motel, Mixed Use, Multi Family, Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Feb 3, 2025
Sold by
Boodram Avinash
Bought by
Sofee Group Inc
Seller's Agent
Justin Levin
KELLER WILLIAMS REALTY JERSEY SHORE-Atlantic City
Buyer's Agent
Kenneth Robinson
BHHS FOX and ROACH-Margate
List Price
$225,000
Sold Price
$125,000
Premium/Discount to List
-$100,000
-44.44%
Views
34
Current Estimated Value
$127,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,604
Avg. Annual Appreciation
3.75%

Purchase Details

Closed on
Dec 1, 2022
Sold by
Casino Reinvestment Development Authorit
Bought by
Boodram Avinash

Purchase Details

Closed on
Dec 29, 2014
Sold by
Simon Betty and Simon Richard
Bought by
Casino Reinvestment Development Authorit
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 Type Sale Price Title Company
Deed $125,000 Trident Land Transfer
Deed $66,000 Shore Title
Deed -- Chicago Title Insurance Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/11/2025 02/11/25 Sold $125,000 -24.2% --
01/22/2025 01/22/25 Pending -- -- --
10/03/2024 10/03/24 Price Changed $164,900 -26.7% --
08/14/2024 08/14/24 For Sale $225,000 -- --
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 $2,589 $75,000 $75,000 --
2024 $2,589 $75,000 $75,000 $0
2023 -- $75,000 $75,000 $0
2022 $0 $75,000 $75,000 $0
2021 $11,344 $75,000 $75,000 $0
2020 $0 $75,000 $75,000 $0
2019 $0 $140,600 $140,600 $0
2018 $0 $140,600 $140,600 $0
2017 $0 $140,600 $140,600 $0
2016 $0 $140,600 $140,600 $0
2015 $0 $140,600 $140,600 $0
2014 $4,707 $140,600 $140,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 588027

South Jersey Shore Regional MLS

APN: 02-00126-0000-00009