NOT LISTED FOR SALE

5900 Boardwalk Ventnor City, NJ 08406

Estimated Value: $3,461,000 - $4,894,000

0.24 Acre
$17,559,058 Price per Acre
10,454 Sq Ft Lot

Last Sold February 06, 2019

Last sale price $1,600,000

Est. 177% increase in value since last sale

Current estimated payment $32,264/month

7 Days on Market

Highlights

  • Ocean Front
  • Building is beachfront but unit may not have water views
  • 3-minute walk to C Sure Children's Park
  • 0.24 Acre Lot
  • Corner Lot

About This Lot

As of February 2019

OPPORTUNITY OF A LIFETIME!! ONE OF THE THREE BEST LOTS IN VENTNOR!! Build your DREAM BEACH HOME with pool, garage, massive decks to enjoy SPECTACULAR OCEAN VIEWS, & MORE!! Located on Dorset avenue and the beach. You will never see a piece of land ON THE BEACH with this KILLER PRICE!! ACT NOW!!

Last Agent to Sell the Property

Paula Hartman

BHHS FOX and ROACH-Margate License #SP-9807299 Listed on: 01/18/2019

BHHS FOX and ROACH-Margate

Last Buyer's Agent

Brian Hiltner

BHHS FOX and ROACH-Margate II License #1112664

BHHS FOX and ROACH-Margate II

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $97,237

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 85x125
  • Building is beachfront but unit may not have water views
  • Ocean Front
  • Corner Lot

Additional Features

  • Water Views
  • Gas Available

Community Details

  • Community Boardwalk

Property Details

Property Type

Land

Est. Annual Taxes

$97,237

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 01/18/2019
  • Development Status: Buildable Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities Available: Cable, Electric, Gas, Sewer, Water

Lot Info

  • Location: Beach Block, Boardwalk Front, Corner, Ocean Front, Boardwalk Area, Water View
  • Lot Dimensions: 85x125
  • Number Of Acres: 0.24
  • Improvements: Curb, Sidewalks
  • Number Of Lots: One
  • Zoning: Residential

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 10, 2020
Sold by
The Swain Family Trust
Bought by
The Swain Family Trust
Current Estimated Value
$4,434,307

Purchase Details

Listed on
Jan 18, 2019
Closed on
Feb 6, 2019
Sold by
Csuy Michael L and Bronson Linda A
Bought by
The Swain Family Trust
Seller's Agent
Paula Hartman
BHHS FOX and ROACH-Margate
Buyer's Agent
Brian Hiltner
BHHS FOX and ROACH-Margate II
List Price
$2,099,000
Sold Price
$1,600,000
Premium/Discount to List
-$499,000
-23.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.99%

Purchase Details

Closed on
Jan 13, 2006
Sold by
Dorset Partners Llc
Bought by
Csuy Michael and Bronson Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
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
The Swain Family Trust -- None Available
The Swain Family Trust $1,600,000 The Title Co Of Jersey
Csuy Michael $2,400,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Csuy Michael $960,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/06/2019 02/06/19 Sold $1,600,000 -23.8% --
01/25/2019 01/25/19 Pending -- -- --
01/18/2019 01/18/19 For Sale $2,099,000 -- --
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 $97,237 $3,557,900 $2,744,600 $1,161,800
2023 $91,509 $3,557,900 $0 $0
2022 $91,509 $3,557,900 $0 $0
2021 $101,098 $3,906,400 $2,744,600 $1,161,800
2020 $39,508 $1,524,800 $1,524,800 $0
2019 $39,416 $1,524,800 $1,524,800 $0
2018 $40,163 $1,524,800 $1,524,800 $0
2017 $40,377 $1,524,800 $1,524,800 $0
2016 $48,092 $2,200,000 $2,200,000 $0
2015 $47,652 $2,200,000 $2,200,000 $0
2014 $45,298 $2,200,000 $2,200,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Paula Hartman

    Seller's Agent in 2019

    Paula Hartman

    BHHS Fox & Roach

    (609) 487-7234

    179 in this area

    764 Total Sales

    Section Image
  • Brian Hiltner

    Buyer's Agent in 2019

    Brian Hiltner

    BHHS FOX and ROACH-Margate II

    (609) 703-4789

    25 in this area

    148 Total Sales

    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 516386

South Jersey Shore Regional MLS

APN: 22-00018-0000-00011-02

New Jersey Atlantic County Ventnor City 08406

5900 Boardwalk, Ventnor City, NJ

This home is located at 5900 Boardwalk, Ventnor City, NJ 08406 since 18 January 2019 and is currently estimated at $4,214,174. 5900 Boardwalk 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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