NOT LISTED FOR SALE

5501 Atlantic Ave Ventnor City, NJ 08406

Estimated Value: $2,270,000 - $2,604,000

7 Beds
6.5 Baths
4,625 Sq Ft
$514/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $1,670,000 $361 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $15,221/month

Highlights

  • Water Views
  • Dutch Colonial Architecture
  • Whirlpool Bathtub
  • Deck
  • Wood Flooring
  • 2-minute walk to C Sure Children's Park

About This Home

As of June 2023

Welcome to 5501 Atlantic Ave, Ventnor, NJ. JULY RENTAL This home features 5500 sq ft with 7 bedroom and 6.5 baths, huge wrap around porch, game room with movie theater and so much more. Located steps from the beach with amazing ocean views in the historic St Leonards track area. Your entire family and extended family can make memories to last a life time. This home is fully stocked with all your beach needs chairs umbrella beach badges and a gas grill for entertaining .The wrap around front porch allows you to breath the fresh salt air all day and night. Don't miss this one. Call today for details.

Last Agent to Rent the Property

Suzanne Strauss Lawler

LONG and FOSTER REAL ESTATE INC-Longport License #0566160 Listed on: 09/11/2022

LONG and FOSTER REAL ESTATE INC-Longport

Last Renter's Agent

Ashley Franchini

Soleil Sotheby's International Realty - A License #0451196

Soleil Sotheby's International Realty - A

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $27,144

Year Built

  • 1948

Lot Details

  • 8,146

Parking

  • 3 Car Detached Garage

Home Design

  • Dutch Colonial Architecture
  • Brick Exterior Construction
  • Cedar Siding

Interior Spaces

  • Furnished
  • Bar
  • Ceiling Fan
  • Insulated Windows
  • Dining Room
  • Den
  • Storage
  • Wood Flooring
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Stove
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Cedar Closet
  • Walk-In Closet
  • Whirlpool Bathtub

Laundry

  • Dryer
  • Washer

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Home Security

  • Burglar Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Deck
  • Porch

Additional Features

  • Corner Lot
  • Zoned Heating and Cooling

Home Details

Home Type

Single Family

Est. Annual Taxes

$27,144

Year Built

1948

Lot Details

0

Rental Info

  • Pets Allowed: Yes W/Restrictions
  • Furnished: Yes
  • Lease Duration Options: July
  • Lease Duration: July
  • July Price: 55000

Listing Details

  • Class: Rental Non-Commercial
  • Type: House (Rental)
  • Style: Dutch Colonial
  • Lvt Date: 09/11/2022
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1948

Interior Features

  • Appliances: Burglar Alarm, Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Flooring: Hardwood
  • Interior Amenities: Bar, Carbon Monoxide Detector, Cedar Closet, Kitchen Center Island, Security System, Storage, Smoke/Fire Alarm, Walk In Closet, Whirlpool
  • Bedrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Basement: Finished, Full, Outside Entrance
  • Other Rooms: Breakfast Nook, Den/Tv Room, Dining Area, Dining Room

Exterior Features

  • Outside Features: Deck, Outside Shower, Porch
  • Siding Exterior: Brick, Cedar
  • Storm Screens: Insulated Glass

Garage/Parking

  • Driveway: Concrete
  • Garage: Detached Garage
  • Parking Exterior: Three Or More Cars

Utilities

  • Air Conditioner: Ceiling Fan(s), Central, Multi-Zoned
  • Sewer: Public Sewer
  • Water: Public

Lot Info

  • Location: Corner, Water View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
May 6, 2022
Sold by
Marx Deborah C
Bought by
Demarco Jason and Demarco Caroline R
Seller's Agent
Sean Tannehill
NEW ERA REAL ESTATE-B
Buyer's Agent
JOHN BURKE
LONG and FOSTER REAL ESTATE INC-Sea Isle City
List Price
$1,725,000
Sold Price
$1,670,000
Premium/Discount to List
-$55,000
-3.19%
Current Estimated Value
$2,378,459

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$708,459
Avg. Annual Appreciation
11.49%
Original Mortgage
$1,336,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2010
Sold by
Dougherty Joseph and Dougherty Bernadette
Bought by
Marx Deborah C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$950,000
Interest Rate
4.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 30, 2007
Sold by
Shor Michael L and Shor Beth
Bought by
Dougherty Joseph and Dougherty Bernadette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,207,500
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2005
Sold by
Buchalski Martin B and Buchalski Debra
Bought by
Shor Michael L and Shor Beth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.59%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 19, 2003
Sold by
Wendkos John
Bought by
Buchalski Martin B and Buchalski Debra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$913,500
Interest Rate
3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2002
Sold by
Nahas Frederick J
Bought by
Wendkos John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,000
Interest Rate
6.58%
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
Demarco Jason $1,670,000 Infinity Title
Marx Deborah C $1,392,500 Foundation Title
Dougherty Joseph $1,610,000 The Title Company Of Jersey
Shor Michael L $1,600,000 --
Buchalski Martin B $1,218,000 --
Wendkos John $510,000 Surety Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Demarco Jason $1,336,000
Previous Owner Marx Robert $923,000
Previous Owner Marx Robert $935,000
Previous Owner Marx Robert $950,000
Previous Owner Marx Deborah C $950,000
Previous Owner Dougherty Joseph $1,207,500
Previous Owner Shor Michael L $1,100,000
Previous Owner Shor Michael $100,000
Previous Owner Shor Michael L $1,280,000
Previous Owner Buchalski Martin B $913,500
Previous Owner Wendkos John $558,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2023 06/25/23 Rented -- -- --
09/11/2022 09/11/22 For Rent $55,000 0.0% --
05/23/2022 05/23/22 Sold $1,670,000 -3.2% $361 / Sq Ft
04/07/2022 04/07/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $1,725,000 -- $373 / 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 $27,144 $993,200 $500,000 $493,200
2023 $25,545 $993,200 $500,000 $493,200
2022 $22,250 $865,100 $500,000 $365,100
2021 $22,389 $865,100 $500,000 $365,100
2020 $22,415 $865,100 $500,000 $365,100
2019 $22,363 $865,100 $500,000 $365,100
2018 $22,787 $865,100 $500,000 $365,100
2017 $22,908 $865,100 $500,000 $365,100
2016 $24,920 $1,140,000 $701,700 $438,300
2015 $24,692 $1,140,000 $701,700 $438,300
2014 $26,767 $1,300,000 $701,700 $598,300
Source: Public Records

Agents Affiliated with this Home

  • Suzanne Strauss Lawler

    Landlord's Agent in 2023

    Suzanne Strauss Lawler

    LONG and FOSTER REAL ESTATE INC-Longport

    (609) 457-9222

    3 in this area

    54 Total Sales

    Section Image
  • Ashley Franchini

    Tenant's Agent in 2023

    Ashley Franchini

    Solei SIR Margate

    (609) 233-6116

    41 in this area

    202 Total Sales

    Section Image
  • Sean Tannehill

    Seller's Agent in 2022

    Sean Tannehill

    RE/MAX Platinum Properties

    (609) 412-0307

    37 in this area

    114 Total Sales

    Section Image
  • JOHN BURKE

    Buyer's Agent in 2022

    JOHN BURKE

    LONG and FOSTER REAL ESTATE INC-Sea Isle City

    (856) 776-6126

    1 in this area

    61 Total Sales

    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 566944

South Jersey Shore Regional MLS

APN: 22-00058-0000-00001

New Jersey Atlantic County Ventnor City 08406

5501 Atlantic Ave, Ventnor City, NJ

This home is located at 5501 Atlantic Ave, Ventnor City, NJ 08406 since 11 September 2022 and is currently priced at $2,378,459. This property was built in 1948. 5501 Atlantic Ave is a home located in Atlantic County with nearby schools including Ventnor Elementary School, Ventnor Middle School, and St. James Elementary School.

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