NOT LISTED FOR SALE

61 N Dover Ave Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $304,669 - $384,000

-- Bed
-- Bath
1,200 Sq Ft
$292/Sq Ft Est. Value

Last Sold November 29, 2023

Last sale price $280,000 $233 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,272/month

27 Days on Market

About This Home

As of November 2023

Located on the boarder of Atlantic City and Ventnor this duplex is situated on a corner lot. The 1st floor unit has a living room, kitchen, 1 bedroom and full bathroom. 2nd floor unit has a living room, kitchen, 3 bedrooms, 1 full bathroom and a half bath. Property is located a few blocks from the ocean. Easy access to 322/Rt. 40. Upstairs apartments pays $1250 a month in rent (month to month), owner pays $800 a year for sewer and $95 every three months for water. Do not disturb upstairs tenant. Can show bottom unit only at this time. Property is being sold As-Is condition. Buyer is responsible for all certifications. Seller never occupied. Neither the seller or listing agent make any representation as to the accuracy of any information contained herein. Buyer must conduct their own due diligence, verification, research and inspections and are relying solely on the results thereof.

Last Agent to Sell the Property

Monica Falciani

A J Falciani Realty License #0014018 Listed on: 09/08/2023

Last Buyer's Agent

datacorrect BrightMLS

Non Subscribing Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,796

Year Built

  • Built in 1900

Lot Details

  • 1,289 Sq Ft Lot
  • Lot Dimensions are 15.00 x 86.00

Parking

  • On-Street Parking

Home Design

  • 1,200 Sq Ft Home
  • Duplex
  • Traditional Architecture
  • Block Foundation
  • Frame Construction

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Community Details

  • 2 Units
  • 3-Story Building

Listing and Financial Details

  • The owner pays for sewer, water
  • Tax Lot 00014
  • Assessor Parcel Number 02-00234-00014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,796

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Twin/Semi-Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Automatically Close On Close Date: No
  • Special Features: 12
  • Stories: 0

Interior Features

  • Fireplace: No
  • Foundation Details: Block
  • Total Sq Ft: 1200
  • Living Area Sq Ft: 1200
  • Price Per Sq Ft: 224.92
  • Above Grade Finished Sq Ft: 1200
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 61

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: ATLANTIC CITY SCHOOLS
  • School District Key: 300200396906
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Dimensions: 15.00 x 86.00
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1289.00
  • Year Assessed: 2022
  • Zoning: R-3

Rental Info

  • Existing Lease Type: Month To Month
  • Owner Pays: Sewer, Water
  • Units Leased Count: 1
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4796.00
  • Assessor Parcel Number: 02-00234-00014
  • Tax Lot: 00014
  • Tax Total Finished Sq Ft: 1200
  • County Tax Payment Frequency: Annually
  • Tax Year: 2022
  • Close Date: 11/29/2023

MLS Schools

  • School District Name: ATLANTIC CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Nov 29, 2023
Sold by
Nguyen Thuthao and Nguyen John
Bought by
Akthar Ferdusy and Begum Mosammat
Seller's Agent
Monica Falciani
A J Falciani Realty
Buyer's Agent
datacorrect BrightMLS
Non Subscribing Office
List Price
$269,900
Sold Price
$280,000
Premium/Discount to List
$10,100
3.74%
Views
66
Current Estimated Value
$350,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,667
Avg. Annual Appreciation
13.64%
Original Mortgage
$28,000
Outstanding Balance
$27,580
Interest Rate
7.76%
Estimated Equity
$323,087

Purchase Details

Closed on
Jun 2, 2006
Sold by
Andujar Santiago
Bought by
Nguyen Thuthao and Hoang John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.55%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2004
Sold by
Lopez Santiago and Lopez Corporan Gertrudis
Bought by
Andujar Santiago and Lopez Corporan Gertrudis

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
Interest Rate
5.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 5, 1996
Sold by
Mendelsohn Ira
Bought by
Lopez Santiago and Lopez Corporan Gertrudis

Purchase Details

Closed on
Oct 2, 1995
Sold by
Zechter Leona L Courtman and Zechter Frank
Bought by
Mendelsohn Ira
Source: Public Records

Range of Values:

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Average Value
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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
Akthar Ferdusy $280,000 Atlantic Shore Title
Nguyen Thuthao $370,000 --
Andujar Santiago -- Lloyds & Handson Title Agenc
Lopez Santiago $99,000 --
Mendelsohn Ira $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akthar Ferdusy $28,000
Open Akthar Ferdusy $221,500
Previous Owner Nguyen Thuthao $296,000
Previous Owner Andujar Santiago $139,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/29/2023 11/29/23 Sold $280,000 +3.7% $233 / Sq Ft
10/05/2023 10/05/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $269,900 -- $225 / Sq Ft
Source: Bright 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 $4,384 $127,000 $50,300 $76,700
2024 $4,384 $127,000 $50,300 $76,700
2023 $4,797 $127,000 $50,300 $76,700
2022 $4,797 $127,000 $50,300 $76,700
2021 $4,954 $127,000 $50,300 $76,700
2020 $4,996 $127,000 $50,300 $76,700
2019 $3,705 $93,000 $28,000 $65,000
2018 $3,462 $98,000 $28,000 $70,000
2017 $4,020 $117,500 $47,500 $70,000
2016 $4,536 $117,500 $47,500 $70,000
2015 $4,021 $117,500 $47,500 $70,000
2014 $3,934 $117,500 $47,500 $70,000
Source: Public Records

Agents Affiliated with this Home

  • Monica Falciani

    Seller's Agent in 2023

    Monica Falciani

    A J Falciani Realty

    (609) 247-8650

    1 in this area

    255 Total Sales

    Monica Falciani
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Map

Source: Bright MLS

MLS Number: NJAC2009620

Bright MLS

APN: 02-00234-0000-00014

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

61 N Dover Ave, Atlantic City, NJ

This home is located at 61 N Dover Ave, Atlantic City, NJ 08401 since 08 September 2023 and is currently estimated at $350,667, approximately $292 per square foot. This property was built in 1900. 61 N Dover Ave is a home located in Atlantic County with nearby schools including Richmond Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

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