NOT LISTED FOR SALE

65 N Laclede Place Atlantic City, NJ 08401

Lower Chelsea Neighborhood

Estimated Value: $528,753 - $650,000

-- Bed
-- Bath
2,236 Sq Ft
$260/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $485,000 $217 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,651/month

22 Days on Market

Highlights

  • Deck
  • Living Room
  • Dining Room
  • Eat-In Kitchen
  • Laundry Room
  • Baseboard Heating

About This Home

As of February 2024

Legal duplex. Unit -1 consists of 3 bedroom 1 bath and unit -2 has 6 bedroom 1.5 bath. Unit -1 pays $1500 plus utilities and unit -2 pays $2500 plus utilities. Unit -1 lease expire March 31,2024 and unit #2 lease expire May 31,2024. Property is easy access to beach, boardwalk, public transportation and all shopping mall. Property feature new siding, new window, new floor, new water heater and much more. Property will be sold subject to tenancy. All showing needs 24 hours notice.

Last Agent to Sell the Property

Mohammed Chowdhury

BLOOM REALTY CO License #0232206 Listed on: 12/21/2023

Last Buyer's Agent

Jacob Musharbash

PROVIDENT LEGACY REAL ESTATE SERVICES License #1224572

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,779

Lot Details

  • Lot Dimensions are 40 x70
  • Fenced

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • Living Room
  • Dining Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Microwave

Finished Basement

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

Outdoor Features

  • Deck

Utilities

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

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,779

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 12/21/2023
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Microwave, Refrigerator
  • Basement: 6 Ft. Or More Head Room, Finished, Full, Heated, Outside Entrance
  • Other Rooms: Dining Area, Dining Room, Eat In Kitchen, Kitchen, Laundry/Utility Rm, Living Room

Exterior Features

  • Outside Features: Deck, Fenced Yard
  • Siding Exterior: Vinyl

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Window Units
  • Heating: Baseboard, Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 40 X70

Rental Info

  • Rental Information: 100 Percent Occupancy, Lease Required, Yearly

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 1
  • Number Of4 Bedroom Units: 1
  • Separate Meters: Electric, Gas, Heat, Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 21, 2023
Closed on
Feb 9, 2024
Sold by
Chowdhury Mohammed
Bought by
Ford James
Seller's Agent
Mohammed Chowdhury
BLOOM REALTY CO
Buyer's Agent
Jacob Musharbash
PROVIDENT LEGACY REAL ESTATE SERVICES
List Price
$519,900
Sold Price
$485,000
Premium/Discount to List
-$34,900
-6.71%
Views
47
Current Estimated Value
$581,438

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$96,438
Avg. Annual Appreciation
8.27%
Original Mortgage
$476,215
Outstanding Balance
$470,088
Interest Rate
6.6%
Mortgage Type
FHA
Estimated Equity
$77,187

Purchase Details

Closed on
Dec 13, 2022
Sold by
Undersheriff Of The County Of Atlantic
Bought by
Chowdhury Mohammed and United States Of America

Purchase Details

Closed on
May 13, 2008
Sold by
Acevedo Maria
Bought by
Acevedo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$517,275
Interest Rate
3.44%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Aug 14, 2007
Sold by
Jimenez Gladys and Acevedo Maria
Bought by
Acevedo Maria

Purchase Details

Closed on
Aug 26, 2002
Sold by
Jimenez Gladys and Acevedo Maria
Bought by
Acevedo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,134
Interest Rate
6.39%
Mortgage Type
Unknown

Purchase Details

Closed on
Feb 26, 2001
Sold by
Jimenez Gladys and Acevedo Maria
Bought by
Jimenez Gladys and Acevedo Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,495
Interest Rate
6.62%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 27, 1999
Sold by
Sanchez Luis and Sanchez Gladys
Bought by
Sanchez Gladys

Purchase Details

Closed on
Aug 12, 1994
Sold by
Helik Robert
Bought by
Sanchez Luis and Sanchez Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,000
Interest Rate
8.61%
Mortgage Type
FHA
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
Ford James $485,000 Atlantic Shore Title
Chowdhury Mohammed $405,152 --
Acevedo Maria -- North American Title Agency
Acevedo Maria -- None Available
Acevedo Maria -- --
Jimenez Gladys -- --
Sanchez Gladys -- --
Sanchez Luis $124,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ford James $476,215
Previous Owner Acevedo Maria $517,275
Previous Owner Acevedo Maria $185,000
Previous Owner Acevedo Maria $115,134
Previous Owner Jimenez Gladys $121,495
Previous Owner Sanchez Luis $123,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $485,000 -6.7% $217 / Sq Ft
01/12/2024 01/12/24 Pending -- -- --
12/21/2023 12/21/23 For Sale $519,900 -- $233 / 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 $5,779 $167,400 $62,400 $105,000
2023 $6,323 $167,400 $62,400 $105,000
2022 $6,323 $167,400 $62,400 $105,000
2021 $6,530 $167,400 $62,400 $105,000
2020 $6,586 $167,400 $62,400 $105,000
2019 $6,374 $160,000 $60,000 $100,000
2018 $5,653 $160,000 $60,000 $100,000
2017 $7,526 $220,000 $60,000 $160,000
2016 $9,650 $250,000 $90,000 $160,000
2015 $11,005 $321,600 $159,600 $162,000
2014 $10,767 $321,600 $159,600 $162,000
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Mohammed Chowdhury

    BLOOM REALTY CO

    (609) 441-1312

    3 in this area

    7 Total Sales

    Section Image
  • Jacob Musharbash

    Buyer's Agent in 2024

    Jacob Musharbash

    PROVIDENT LEGACY REAL ESTATE SERVICES

    (201) 779-7077

    1 in this area

    26 Total Sales

    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 580688

South Jersey Shore Regional MLS

APN: 02-00225-0000-00001

New Jersey Atlantic County Atlantic City 08401 Lower Chelsea

65 N Laclede Place, Atlantic City, NJ

This home is located at 65 N Laclede Place, Atlantic City, NJ 08401 since 21 December 2023 and is currently estimated at $581,438, approximately $260 per square foot. 65 N Laclede Place 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.

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