$775,000
SOLD OCT 24, 2024

462 N Delaware Ave Atlantic City, NJ 08401

3 Beds
2.5 Baths
-- Sq Ft
2,701 Sq Ft Lot

Recently Sold

33% Below List Price

148 Days on Market

Highlights

  • Water Views
  • New Construction
  • Forced Air Zoned Heating and Cooling System
  • Boat Slip
  • Storage

About This Home

As of October 2024

***LIMITED TIME - PRICE DROP - THIS PRICE WILL GO UP WHEN THE SIDING IS COMPLETE*** Bayfront New Construction - Modern Luxury Living with Boat Slips! Will be complete by Summer 2024! This home offers unparalleled access to deep water, perfect for boating enthusiasts and water lovers alike. Indulge in the luxury of owning FOUR new boat slips, complete with stainless steel docks and a new bulkhead, with each slip potentially being rented out for $7,000 a summer along with a boat lift that can accommodate up to a 45FT boat! This location can not be beat, being just minutes away from the Inlet, AC Waterfront, Marina and all major Casinos and Restaurants. You also get the exclusive ownership of riparian rights, accompanied by a five-year tax break. Experience modern luxury living in this brand-new construction home that spans two stories, over 1800 SQFT and 2800 SQFT including the outdoor deck. This home features three bedrooms and two and a half bathrooms, complete with a spacious two-car garage on the ground floor. Enjoy optimal comfort with two-zone heating and air conditioning throughout the home. Step into the kitchen, adorned with sleek white Starmark soft-close cabinets, a generously sized kitchen island, pristine quartz countertops, and a custom tile backsplash. Every corner is finished to perfection, featuring elegant engineered hardwood flooring, energy-efficient LED lighting, and custom tiling in all the bathrooms, complemented by top-quality Kohler and Moen fixtures for added opulence. Retreat to the master bedroom and walk out onto your covered deck through the expansive slider door showcasing Bay views! The exterior of the home exudes contemporary charm with gray siding and a black metal and shingle roofing. Call today to make this waterfront oasis your own!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 04/11/2024

BHHS FOX and ROACH-Margate

Co-Listed By

Todd Gordon

BHHS FOX and ROACH-Margate III License #0230073

BHHS FOX and ROACH-Margate III

Last Buyer's Agent

Todd Gordon

BHHS FOX and ROACH-Margate III License #0230073

BHHS FOX and ROACH-Margate III

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $559

Parking

  • 2 Car Garage

Home Design

  • New Construction
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Storage
  • Water Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Boat Slip
  • Lot Dimensions are 30.04x90
  • Forced Air Zoned Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$559

Lot Details

0

Listing Details

  • Class: Residential
  • Type: Single Family
  • Style: 2 Story
  • Age: 0 To 1 Year
  • Lvt Date: 04/11/2024
  • New Construction: Yes
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Storage, Smoke/Fire Alarm
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Exterior Features

  • Outside Features: Boat Slip, Paved Road, Sidewalks
  • Siding Exterior: Vinyl

Garage/Parking

  • Garage: Two Car
  • Parking Exterior: Two Car

Utilities

  • Air Conditioner: Central, Multi-Zoned
  • Heating: Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Water View
  • Lot Dimensions: 30.04x90
  • Lot Size: Less Than One Acre

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Oct 24, 2024
Sold by
S Point Of View Llc
Bought by
8015 Winchester Llc
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$1,150,000
Sold Price
$775,000
Premium/Discount to List
-$375,000
-32.61%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.46%

Purchase Details

Closed on
Apr 15, 2024
Sold by
S Point Of View Llc
Bought by
S Point Of View Llc

Purchase Details

Closed on
Jan 15, 2024
Sold by
S Point Of View Llc
Bought by
S Point Of View Llc

Purchase Details

Closed on
Jun 29, 2018
Sold by
Dahm Jennifer L
Bought by
Watrs Edge Property Llc

Purchase Details

Closed on
Aug 24, 2004
Sold by
Ward Harold
Bought by
Dahm Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Bargain Sale Deed $775,000 Surety Title
Deed -- None Listed On Document
Bargain Sale Deed -- None Listed On Document
Deed $30,000 None Available
Bargain Sale Deed $100,000 Surety Title Agency Of Atlan
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $3,401,950 Unknown
Previous Owner $75,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Price Changed $25,000 -16.7% --
04/15/2025 04/15/25 Price Changed $30,000 -25.0% --
03/05/2025 03/05/25 For Rent $40,000 0.0% --
10/24/2024 10/24/24 Sold $775,000 -22.1% --
09/06/2024 09/06/24 Pending -- -- --
09/03/2024 09/03/24 Price Changed $995,000 +2.1% --
07/01/2024 07/01/24 Price Changed $975,000 -15.2% --
04/11/2024 04/11/24 For Sale $1,150,000 +666.7% --
10/24/2023 10/24/23 Sold $150,000 0.0% --
09/15/2023 09/15/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $150,000 -- --
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
2024 $559 $16,200 $16,200 $0
2023 $612 $16,200 $16,200 $0
2022 $612 $16,200 $16,200 $0
2021 $632 $16,200 $16,200 $0
2020 $637 $16,200 $16,200 $0
2019 $1,725 $43,300 $43,300 $0
2018 $1,530 $43,300 $43,300 $0
2017 $1,481 $43,300 $43,300 $0
2016 $1,671 $43,300 $43,300 $0
2015 $2,081 $60,800 $60,800 $0
2014 $2,036 $60,800 $60,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 584063

South Jersey Shore Regional MLS

APN: 02-00544-0000-00022