J
Seller's Agent in 2025
Jessica Tolan
FARLEY and FERRY REALTY, INC
(610) 973-9018
2 in this area
5 Total Sales
4805 Ventnor Ave Unit 1 Ventnor City, NJ 08406
1
Bed
1
Bath
--
Sq Ft
5.34
Acres
About This Home
As of May 2025Opportunity knocks with this 1 bed / 1 bath basement apartment on the market for under $50,000. This special price is backed by a very motivated seller. Thought to have possibly once housed the building supervisor, this below-ground unit features a side entrance located under the fire escape, next to the building’s shared laundry and bike storage areas. This area does not have direct access to the main building. Acquired as a foreclosure, this property is being sold "as-is" and currently generates $775/month on a month-to-month lease. Seller may consider holding a 1st purchase money mortgage for no more than 1/2 the purchase price subject to buyer qualifications in the sole discretion of the seller. Terms of the purchase money mortgage shall be subject to negotiation between the parties. Yes, it needs work—but at this price point, it’s an incredible investment with immediate rental income. Don’t miss your chance to get on the property ladder in Ventnor. Please note the seller is a licensed real estate agent is NJ
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $984
Year Built
- Built in 1920
Interior Spaces
- 3-Story Property
- Stove
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Utilities
- Heating System Uses Natural Gas
Community Details
Overview
- Ventnor Savoy Condos
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2025
Closed on
May 30, 2025
Sold by
Towne Properties Llc
Bought by
Solano Property Management Llc and Solano
Seller's Agent
Jessica Tolan
FARLEY and FERRY REALTY, INC
Buyer's Agent
Edgar Parra
FARLEY and FERRY REALTY, INC
List Price
$49,900
Sold Price
$49,900
Views
146
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,400
Avg. Annual Appreciation
925.66%
Purchase Details
Closed on
Jul 9, 2003
Sold by
Alspach Richard M
Bought by
Vannguyen Charles J
Purchase Details
Closed on
Jun 10, 1993
Sold by
Dibenedetto Carmen A Sheriff
Bought by
National Community Bank Of Nj
Purchase Details
Closed on
Jan 30, 1990
Sold by
Rubinstein Charles and Rubinstein Bell,Anthony
Bought by
Han James P
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $49,900 | Old Republic Title | |
| Deed | $33,000 | Fidelity National Title | |
| Sheriffs Deed | $100 | -- | |
| Deed | $40,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $49,900 | 0.0% | -- |
| 05/13/2025 05/13/25 | Pending | -- | -- | -- |
| 04/15/2025 04/15/25 | For Sale | $49,900 | -- | -- |
Source: South Jersey Shore Regional MLS
Tax History Compared to Growth
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 | $984 | $36,000 | $15,000 | $21,000 |
| 2024 | $984 | $36,000 | $15,000 | $21,000 |
| 2023 | $926 | $36,000 | $15,000 | $21,000 |
| 2022 | $926 | $36,000 | $15,000 | $21,000 |
| 2021 | $932 | $36,000 | $15,000 | $21,000 |
| 2020 | $933 | $36,000 | $15,000 | $21,000 |
| 2019 | $931 | $36,000 | $15,000 | $21,000 |
| 2018 | $948 | $36,000 | $15,000 | $21,000 |
| 2017 | $953 | $36,000 | $15,000 | $21,000 |
| 2016 | $1,421 | $65,000 | $37,700 | $27,300 |
| 2015 | $1,408 | $65,000 | $37,700 | $27,300 |
| 2014 | $1,338 | $65,000 | $37,700 | $27,300 |
Source: Public Records
Agents Affiliated with this Home
-
Jessica Tolan
-
Edgar Parra
Buyer's Agent in 2025
Edgar Parra
FARLEY and FERRY REALTY, INC
(609) 703-8365
3 in this area
46 Total Sales
Map
Source: South Jersey Shore Regional MLS
MLS Number: 595265
APN: 22-00087-0000-00003-0000-C01
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Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
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