NOT LISTED FOR SALE

601 N Surrey Ave Ventnor City, NJ 08406

Estimated Value: $468,000 - $569,094

-- Bed
-- Bath
-- Sq Ft
4,835 Sq Ft Lot

Last Sold October 31, 2023

Last sale price $410,000

Est. 25% increase in value since last sale

Current estimated payment $3,264/month

15 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Living Room
  • Shades
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of October 2023

Excellent opportunity to own a duplex in a wonderful areas of Ventnor. This versatile property offer so many options. Income producing, with a 1 or 2 bedroom apartment. Possible In-Law suite for a family. Convert to a 4 bedroom 2 bath two story single family. This is a legal duplex live in one rent the other or rent both. Interior needs painting, current owners started but did not finish interior painting. SALE is AS IS Flood Ins $930 Homeowners $1865 Note second floor apt rent $1,000 per mo tenants are month to month. 2nd floor appliances electric stove self cleaning, refrigerator, microwave, wash and dryer First floor appliances Electric self cleaning oven, refrigerator, microwave, disposal and washer drye

Last Agent to Sell the Property

Joseph Di Girolamo

FARLEY and FERRY REALTY, INC License #0453090 Listed on: 08/29/2023

Last Buyer's Agent

Todd Gordon

BHHS FOX and ROACH-Margate III

BHHS FOX and ROACH-Margate III

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,783

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 59 x 81
  • Corner Lot

Home Design

  • Duplex
  • Asbestos Siding
  • Brick Front

Interior Spaces

  • Ceiling Fan
  • Shades
  • Drapes & Rods
  • Blinds
  • Living Room
  • Dining Room
  • Crawl Space
  • Storm Screens

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Disposal

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Parking Spaces
  • Parking Pad

Outdoor Features

  • Shed
  • Porch

Utilities

  • Window Unit Cooling System
  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Separate Meters
  • Gas Water Heater

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,783

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Also Includes: Blinds, Curtains, Drapes, Shades
  • Lvt Date: 08/29/2023
  • Year Built: 1978
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Disposal, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Crawl Space
  • Other Rooms: Dining Room, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Living Room

Exterior Features

  • Outside Features: Curbs, Porch, Shed, Sidewalks
  • Siding Exterior: Asbestos, Brick Face
  • Storm Screens: Combination, Screens

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: Two Car, Parking Pad

Utilities

  • Air Conditioner: Ceiling Fan(s), Window Units
  • Heating: Electric, Gas-Natural, Hot Water
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Corner
  • Lot Dimensions: 59 X 81

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 2
  • Separate Meters: Cooling, Cable Tv, Electric

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2023
Closed on
Oct 31, 2023
Sold by
Halasa Loris and Salameh Mohammed
Bought by
Lios Markella
Seller's Agent
Joseph Di Girolamo
FARLEY and FERRY REALTY, INC
Buyer's Agent
Todd Gordon
BHHS FOX and ROACH-Margate III
List Price
$444,000
Sold Price
$410,000
Premium/Discount to List
-$34,000
-7.66%
Views
121
Current Estimated Value
$514,524

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,524
Avg. Annual Appreciation
13.06%
Original Mortgage
$307,500
Outstanding Balance
$302,673
Interest Rate
7.79%
Mortgage Type
New Conventional
Estimated Equity
$211,851

Purchase Details

Listed on
Jun 2, 2022
Closed on
May 18, 2023
Sold by
Sobel Goldie
Bought by
Halasa Loris and Salameh Mohammed
Seller's Agent
Tina Lobiondo
FARLEY and FERRY REALTY, INC
Buyer's Agent
Joseph Di Girolamo
FARLEY and FERRY REALTY, INC
List Price
$589,788
Sold Price
$370,000
Premium/Discount to List
-$219,788
-37.27%
Views
307

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.62%
Original Mortgage
$363,298
Interest Rate
6.39%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 8, 2003
Sold by
Sobel Goldie
Bought by
Sobel Goldie
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
Lios Markella $410,000 Trident Land Transfer
Halasa Loris $370,000 Title Company Of Jersey
Sobel Goldie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lios Markella $307,500
Previous Owner Halasa Loris $363,298
Previous Owner Sobel Goldie $484,500
Previous Owner Sobel Goldie $349,125
Previous Owner Sobel Goldie $37,000
Previous Owner Sobel Goldie $37,000
Previous Owner Sobel Goldie $25,000
Previous Owner Sobel Goldie $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2023 10/31/23 Sold $410,000 -7.7% --
09/13/2023 09/13/23 Pending -- -- --
08/29/2023 08/29/23 For Sale $444,000 +20.0% --
05/19/2023 05/19/23 Sold $370,000 -1.5% --
05/02/2023 05/02/23 Price Changed $375,788 +4.2% --
02/24/2023 02/24/23 Pending -- -- --
01/25/2023 01/25/23 Price Changed $360,788 -4.0% --
01/16/2023 01/16/23 Price Changed $375,788 -6.0% --
11/29/2022 11/29/22 Price Changed $399,788 -3.6% --
11/01/2022 11/01/22 Price Changed $414,788 -2.4% --
09/27/2022 09/27/22 Price Changed $424,788 -15.0% --
09/13/2022 09/13/22 Price Changed $499,788 -4.8% --
07/20/2022 07/20/22 Price Changed $524,788 -11.0% --
07/20/2022 07/20/22 Price Changed $589,788 +12.4% --
07/05/2022 07/05/22 Price Changed $524,788 -11.0% --
06/02/2022 06/02/22 For Sale $589,788 0.0% --
06/15/2016 06/15/16 Rented -- -- --
05/16/2016 05/16/16 Under Contract -- -- --
02/16/2016 02/16/16 For Rent -- -- --
09/28/2015 09/28/15 Rented -- -- --
09/15/2015 09/15/15 Rented -- -- --
08/29/2015 08/29/15 Under Contract -- -- --
08/16/2015 08/16/15 Under Contract -- -- --
05/28/2015 05/28/15 For Rent -- -- --
03/14/2015 03/14/15 For Rent -- -- --
11/09/2014 11/09/14 Rented -- -- --
10/10/2014 10/10/14 Under Contract -- -- --
09/16/2014 09/16/14 For Rent -- -- --
06/15/2014 06/15/14 Rented -- -- --
05/16/2014 05/16/14 Under Contract -- -- --
05/09/2014 05/09/14 For Rent -- -- --
12/01/2012 12/01/12 Rented -- -- --
11/01/2012 11/01/12 Under Contract -- -- --
09/05/2012 09/05/12 For Rent -- -- --
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 $5,783 $228,900 $99,300 $129,600
2024 $5,783 $211,600 $99,300 $112,300
2023 $5,192 $211,600 $99,300 $112,300
2022 $5,192 $211,600 $99,300 $112,300
2021 $5,226 $211,600 $99,300 $112,300
2020 $5,233 $211,600 $99,300 $112,300
2019 $5,220 $211,600 $99,300 $112,300
2018 $5,324 $211,600 $99,300 $112,300
2017 $5,353 $211,600 $99,300 $112,300
2016 $4,944 $237,600 $159,200 $78,400
2015 $5,499 $265,400 $159,200 $106,200
2014 $5,215 $265,400 $159,200 $106,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 577259

South Jersey Shore Regional MLS

APN: 22-00306-0000-00001