NOT LISTED FOR SALE

423 N Massachusetts Ave Atlantic City, NJ 08401

Uptown Atlantic City Neighborhood

Estimated Value: $592,000

0.27 Acre
$2,192,593 Price per Acre
11,761 Sq Ft Lot

Last Sold November 23, 2022

Last sale price $300,000

Est. 97% increase in value since last sale

Current estimated payment $3,363/month

184 Days on Market

About This Lot

As of November 2022

DEVELOPERS DREAM! Vacant waterfront land located in beloved Gardner’s Basin with possibilities galore! Just imagine building a fabulous home in a location with so much potential. This is a boater/fisherman’s paradise perfectly situated near the boardwalk, casinos, tourism district and 5 min boat ride to the best of the back bays and open water. These 2 lots offered together are 75’ X 160’ and can be combined with 2 additional adjacent lots for a total of 325’ X 160’. Call us, we’ll provide the prior development plans to lay it all out for you. Don’t miss out on this unique development opportunity!

Last Agent to Sell the Property

Sean Tannehill

NEW ERA REAL ESTATE-B Listed on: 04/09/2022

NEW ERA REAL ESTATE-B

Last Buyer's Agent

Kenny Pham

VIET-LANTIC REAL ESTATE, LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,726

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 75' x 160'
  • Property Fronts a Bay or Harbor
  • Property fronts a state road
  • Cleared Lot
  • 2 Lots in the community
  • Property is zoned Mixed Use, Multi Family

Additional Features

  • Water Views
  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$1,726

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 04/09/2022
  • Development Status: Buildable Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: State

Utilities

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

Lot Info

  • Location: Bay Front, Water View
  • Lot Dimensions: 75' X 160'
  • Number Of Acres: 0.27
  • Improvements: Paved Road
  • Number Of Lots: Two
  • Topography: Cleared
  • Zoning: Mixed Use, Multi Family, Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2022
Closed on
Oct 27, 2022
Sold by
425 Massachusetts Holding Llc
Bought by
Bayside Management Investment Llc
Seller's Agent
Sean Tannehill
NEW ERA REAL ESTATE-B
Buyer's Agent
Kenny Pham
VIET-LANTIC REAL ESTATE, LLC
List Price
$395,000
Sold Price
$300,000
Premium/Discount to List
-$95,000
-24.05%
Views
34
Current Estimated Value
$592,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,000
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
Bayside Management Investment Llc $900,000 The Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $300,000 -24.1% --
10/10/2022 10/10/22 Pending -- -- --
04/09/2022 04/09/22 For Sale $395,000 -- --
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 $1,726 $50,000 $50,000 --
2024 $1,726 $50,000 $50,000 $0
2023 $1,889 $50,000 $50,000 $0
2022 $1,889 $50,000 $50,000 $0
2021 $1,951 $50,000 $50,000 $0
2020 $1,967 $50,000 $50,000 $0
2019 $2,550 $64,000 $64,000 $0
2018 $2,261 $64,000 $64,000 $0
2017 $2,189 $64,000 $64,000 $0
2016 $2,470 $64,000 $64,000 $0
2015 $3,080 $90,000 $90,000 $0
2014 $3,013 $90,000 $90,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Sean Tannehill

    Seller's Agent in 2022

    Sean Tannehill

    RE/MAX Platinum Properties

    (609) 412-0307

    4 in this area

    112 Total Sales

    Sean Tannehill
    Section Image

  • K

    Buyer's Agent in 2022

    Kenny Pham

    VIET-LANTIC REAL ESTATE, LLC

    (609) 457-7621

    3 in this area

    20 Total Sales

    Kenny Pham
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 561616

South Jersey Shore Regional MLS

APN: 02-00551-0000-00005

New Jersey Atlantic County Atlantic City 08401 Uptown Atlantic City

423 N Massachusetts Ave, Atlantic City, NJ

This home is located at 423 N Massachusetts Ave, Atlantic City, NJ 08401 since 09 April 2022 and is currently priced at $592,000. 423 N Massachusetts Ave is a home located in Atlantic County with nearby schools including Uptown Complex School, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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