NOT LISTED FOR SALE

508 N New Jersey Ave Atlantic City, NJ 08401

Uptown Atlantic City Neighborhood

Estimated Value: $194,000 - $287,000

-- Bed
-- Bath
941 Sq Ft
$245/Sq Ft Est. Value

Last Sold October 19, 2023

Last sale price $171,000 $182 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,415/month

30 Days on Market

About This Home

As of October 2023

CALLING ALL INVESTORS!!! come take a look at this duplex only minutes drive to all casino and shopping destinations. With some TLC this duplex could be the next addition to your rent roll

Last Agent to Sell the Property

Priscilla Easmael

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield License #2293869 Listed on: 09/06/2023

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Last Buyer's Agent

Priscilla Easmael

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield License #2293869 Listed on: 09/06/2023

KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,268

Year Built

  • Built in 1925

Lot Details

  • Lot Dimensions are 26.5x75

Home Design

  • Duplex
  • Brick Exterior Construction
  • Vinyl Siding

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters

Additional Features

  • Finished Basement

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,268

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 09/06/2023
  • Year Built: 1925
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Finished, Partially Finished
  • Other Rooms: Kitchen

Exterior Features

  • Outside Features: Curbs, Sidewalks
  • Siding Exterior: Brick, Vinyl

Utilities

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

Lot Info

  • Lot Dimensions: 26.5x75

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

Closed on
Mar 2, 2005
Sold by
Catona John
Bought by
Della Melena Maria
Current Estimated Value
$223,910

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Outstanding Balance
$72,099
Interest Rate
5.66%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$149,567

Purchase Details

Closed on
Jan 24, 2003
Sold by
Stevens Roxanne
Bought by
Catona John and Catona Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,500
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 29, 1996
Sold by
King Donald E
Bought by
Stevens Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,900
Interest Rate
6.97%
Mortgage Type
FHA
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
Della Melena Maria $174,000 --
Catona John $116,000 --
Catona John $116,000 Commonwealth Land Title Insu
Stevens Roxanne $66,500 Phillips Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Della Melena Maria $139,000
Previous Owner Catona John $80,500
Previous Owner Stevens Roxanne $66,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/19/2023 10/19/23 Sold $171,000 -10.0% $182 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $189,999 -- $202 / 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 $2,268 $65,700 $27,800 $37,900
2023 $2,481 $65,700 $27,800 $37,900
2022 $2,481 $65,700 $27,800 $37,900
2021 $2,563 $65,700 $27,800 $37,900
2020 $2,585 $65,700 $27,800 $37,900
2019 $3,984 $100,000 $40,000 $60,000
2018 $3,533 $100,000 $40,000 $60,000
2017 $3,421 $100,000 $40,000 $60,000
2016 $3,860 $100,000 $40,000 $60,000
2015 $3,422 $100,000 $40,000 $60,000
2014 $3,348 $100,000 $40,000 $60,000
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Priscilla Easmael

    KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield

    (609) 444-9997

    1 in this area

    19 Total Sales

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 577503

South Jersey Shore Regional MLS

APN: 02-00554-0000-00015

New Jersey Atlantic County Atlantic City 08401 Uptown Atlantic City

508 N New Jersey Ave, Atlantic City, NJ

This home is located at 508 N New Jersey Ave, Atlantic City, NJ 08401 since 06 September 2023 and is currently estimated at $230,598, approximately $245 per square foot. This property was built in 1925. 508 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.

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