NOT LISTED FOR SALE

4901 Ventnor Ave Ventnor City, NJ 08406

Estimated Value: $686,644

-- Bed
-- Bath
3,600 Sq Ft
$191/Sq Ft Est. Value

Last Sold August 14, 2020

Last sale price $350,000 $97 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $4,538/month

184 Days on Market

About This Home

As of August 2020

One residential unit occupied on the second floor with great tenants. Two commercial units are available to lease in March... just in time for the summer season. The Storefront retail shop on the corner has about 2000+ SF and the restaurant/shop on the south side of the building that includes the deck area and side yard are ready for your creativity. Has a detached brick garage. Building includes another attached single garage. Call for more information.

Last Agent to Sell the Property

Karen Oostdyk

PLATINUM REAL ESTATE Listed on: 02/11/2020

PLATINUM REAL ESTATE

Last Buyer's Agent

Karen Oostdyk

PLATINUM REAL ESTATE Listed on: 02/11/2020

PLATINUM REAL ESTATE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,566

Lot Details

  • 5,706

Parking

  • 2 Car Garage

Additional Features

  • Lot Dimensions are 60x95
  • Heating System Uses Natural Gas

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,566

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Lvt Date: 03/03/2020
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Garage/Parking

  • Garage: One Car, Two Car, Attached Garage, Detached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Gas-Natural
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Lot Dimensions: 60x95

Multi Family

  • Number Of Units: 4
  • Number Of2 Bedroom Units: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2020
Closed on
Aug 14, 2020
Sold by
Greenspan Holdings Enterprises Llc
Bought by
Ventnor Ave Associates Llc
Seller's Agent
Karen Oostdyk
PLATINUM REAL ESTATE
Buyer's Agent
Karen Oostdyk
PLATINUM REAL ESTATE
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$686,644

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$336,644
Avg. Annual Appreciation
14.37%
Original Mortgage
$262,500
Outstanding Balance
$233,379
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$453,265

Purchase Details

Closed on
Jun 4, 2012
Sold by
Bobb Richard and Bobb Cana
Bought by
Greenspan Holdings Llc

Purchase Details

Closed on
Dec 22, 2009
Sold by
Bobb Cana and Tinel Cana
Bought by
Bobb Richard and Bobb Cana

Purchase Details

Closed on
May 14, 1996
Sold by
Fogel Alexander and Fogel Annette
Bought by
Tinel Cana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.77%
Mortgage Type
Commercial
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
Ventnor Ave Associates Llc $350,000 Title Company Of Jersey
Greenspan Holdings Llc -- None Available
Bobb Richard -- None Available
Tinel Cana $175,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ventnor Ave Associates Llc $262,500
Previous Owner Tinel Cana $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2020 08/15/20 Off Market $350,000 -- --
08/14/2020 08/14/20 Sold $350,000 0.0% $97 / Sq Ft
08/13/2020 08/13/20 Pending -- -- --
06/26/2020 06/26/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $350,000 0.0% $97 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
03/28/2020 03/28/20 Price Changed $350,000 -22.0% $97 / Sq Ft
03/13/2020 03/13/20 Price Changed $449,000 -10.0% $125 / Sq Ft
02/11/2020 02/11/20 For Sale $499,000 -- $139 / Sq Ft
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 $9,566 $350,000 $199,400 $150,600
2024 $9,566 $350,000 $199,400 $150,600
2023 $9,002 $350,000 $199,400 $150,600
2022 $9,002 $350,000 $199,400 $150,600
2021 $9,058 $350,000 $199,400 $150,600
2020 $10,950 $422,600 $199,400 $223,200
2019 $10,924 $422,600 $199,400 $223,200
2018 $11,131 $422,600 $199,400 $223,200
2017 $11,190 $422,600 $199,400 $223,200
2016 $10,147 $464,200 $219,800 $244,400
2015 $10,055 $464,200 $219,800 $244,400
2014 $9,558 $464,200 $219,800 $244,400
Source: Public Records

Agents Affiliated with this Home

  • Karen Oostdyk

    Seller's Agent in 2020

    Karen Oostdyk

    PLATINUM REAL ESTATE

    (609) 432-0506

    6 in this area

    31 Total Sales

    Karen Oostdyk
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 534745

South Jersey Shore Regional MLS

APN: 22-00091-0000-00001

New Jersey Atlantic County Ventnor City 08406

4901 Ventnor Ave, Ventnor City, NJ

This home is located at 4901 Ventnor Ave, Ventnor City, NJ 08406 since 11 February 2020 and is currently estimated at $686,644, approximately $190 per square foot. 4901 Ventnor Ave is a home located in Atlantic County with nearby schools including Ventnor Elementary School, Ventnor Middle School, and St. James Elementary School.

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