NOT LISTED FOR SALE

506 N New Jersey Ave Atlantic City, NJ 08401

Uptown Atlantic City Neighborhood

Estimated Value: $203,343 - $248,000

-- Bed
-- Bath
1,063 Sq Ft
$207/Sq Ft Est. Value

Last Sold January 03, 2023

Last sale price $165,000 $155 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $1,513/month

73 Days on Market

About This Home

As of January 2023

Top unit has 2 bedrooms and 1 bath. The bottom unit has 1 bedroom and 1 bath. Property offers a newer roof , boiler, garage door, plumbing, and 1st floor bathroom. Also has a small fenced yard. Property is being sold as/is... Easy to Show

Last Agent to Sell the Property

Eudene Dipeppe

BALSLEY/LOSCO License #0018223 Listed on: 08/08/2022

BALSLEY/LOSCO

Last Buyer's Agent

Gerard Barker

WEICHERT REALTORS ASBURY GROUP-AC License #0566410

WEICHERT REALTORS ASBURY GROUP-AC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,763

Lot Details

  • Lot Dimensions are 26 x 75
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction

Basement

  • Exterior Basement Entry

Utilities

  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,763

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 08/08/2022
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Outside Entrance

Exterior Features

  • Outside Features: Fenced Yard
  • Siding Exterior: Brick

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: One Car

Utilities

  • Heating: Baseboard, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 26 x 75

Multi Family

  • Number Of Units: 2
  • Number Of1 Bedroom Units: 1
  • Number Of2 Bedroom Units: 1
  • Separate Meters: Electric, Gas

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2022
Closed on
Dec 30, 2022
Sold by
Rahman Hasnoor
Bought by
Hd Atlantic Properties Llc
Seller's Agent
Eudene Dipeppe
BALSLEY/LOSCO
Buyer's Agent
Gerard Barker
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$199,999
Sold Price
$165,000
Premium/Discount to List
-$34,999
-17.5%
Views
114
Current Estimated Value
$220,086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,086
Avg. Annual Appreciation
9.04%

Purchase Details

Closed on
Feb 20, 2019
Sold by
Kabir Golam
Bought by
Rahman Hansoor

Purchase Details

Closed on
Dec 7, 2017
Sold by
Rahman Hafizur
Bought by
Kabir Golam

Purchase Details

Closed on
May 3, 2005
Sold by
Collette Deborah V
Bought by
Rahman Hafizur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,250
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 15, 1999
Sold by
White Moselle J
Bought by
Collette Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,963
Interest Rate
6.67%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hd Atlantic Properties Llc $165,000 --
Rahman Hansoor -- None Available
Kabir Golam $23,750 Surety Title Co
Rahman Hafizur $192,500 Commonwealth Land Title Insu
Collette Deborah $72,000 The Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rahman Hafizur $173,250
Previous Owner Collette Deborah $90,000
Previous Owner Collette Deborah $84,397
Previous Owner Collette Deborah $84,397
Previous Owner Collette Deborah $71,963
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $165,000 -13.2% $155 / Sq Ft
10/20/2022 10/20/22 Pending -- -- --
10/10/2022 10/10/22 Price Changed $189,999 -5.0% $179 / Sq Ft
08/08/2022 08/08/22 For Sale $199,999 -- $188 / 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
2024 $3,763 $109,000 $27,800 $81,200
2023 $4,117 $109,000 $27,800 $81,200
2022 $4,117 $109,000 $27,800 $81,200
2021 $4,252 $109,000 $27,800 $81,200
2020 $4,288 $109,000 $27,800 $81,200
2019 $3,586 $90,000 $37,500 $52,500
2018 $3,710 $105,000 $52,500 $52,500
2017 $3,592 $105,000 $52,500 $52,500
2016 $4,632 $120,000 $60,000 $60,000
2015 $6,755 $197,400 $126,900 $70,500
2014 $6,609 $197,400 $126,900 $70,500
Source: Public Records

Agents Affiliated with this Home

  • Eudene Dipeppe

    Seller's Agent in 2023

    Eudene Dipeppe

    BALSLEY/LOSCO

    (609) 705-4555

    2 in this area

    46 Total Sales

    Section Image
  • Gerard Barker

    Buyer's Agent in 2023

    Gerard Barker

    Weichert Corporate

    (609) 481-7745

    96 in this area

    228 Total Sales

    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 565917

South Jersey Shore Regional MLS

APN: 02-00554-0000-00016

New Jersey Atlantic County Atlantic City 08401 Uptown Atlantic City

506 N New Jersey Ave, Atlantic City, NJ

This home is located at 506 N New Jersey Ave, Atlantic City, NJ 08401 since 08 August 2022 and is currently estimated at $220,086, approximately $207 per square foot. 506 N New Jersey 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
© 2025 South Jersey Shore Regional Multiple Listing Service. All rights reserved.

Nearby Homes