NOT LISTED FOR SALE

6622 Ventnor Ave Ventnor City, NJ 08406

Estimated Value: $675,000 - $762,577

-- Bed
-- Bath
-- Sq Ft
3,049 Sq Ft Lot

Last Sold January 11, 2024

Last sale price $590,000

Est. 25% increase in value since last sale

Current estimated payment $4,760/month

17 Days on Market

Highlights

  • Porch
  • Patio
  • Laundry Room
  • Library
  • Living Room
  • Brick Front

About This Home

As of January 2024

FANTASTIC Duplex Investment opportunity or live in this charming brick building and rent the 2nd unit for rental income. So much potential for this charming building located 2 blocks from Ventnor's beautiful Beach and Boardwalk and just steps to local restaurants and shopping. 1st Floor could possibly be used as residential or commercial use. Units have separate electric & gas. 1st Flr unit is 3 bedroom/2 bath and 2nd Flr unit is 3 bedroom/1 bath both with bright, flowing floor plan. Lots of closet space and basement area for storage. Large concrete back courtyard and 2nd floor unit has large balcony/terrace. Property has Solar panels that are currently leased. Buyer will need to assume current solar lease at $64.99/Month. This property is a great location and a must see. It will not last long. Property is an Estate and is being offered strictly in "as is" condition. All property and home inspections will be for Buyer's informational purposes only.

Last Agent to Sell the Property

Drew Fishman

COLDWELL BANKER ARGUS REAL ESTATE-Northfield License #SB-8430982 Listed on: 10/10/2023

COLDWELL BANKER ARGUS REAL ESTATE-Northfield

Co-Listed By

Patricia Steele

COLDWELL BANKER ARGUS REAL ESTATE-Ventnor License #1866316

Last Buyer's Agent

Allyson Clark

Elite REALTORS® of New Jersey License #1642784

Elite REALTORS® of New Jersey

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,704

Year Built

  • Built in 1928

Lot Details

  • Lot Dimensions are 31 x 98

Home Design

  • Duplex
  • Brick Front

Interior Spaces

  • Living Room
  • Dining Room
  • Library
  • Exterior Basement Entry
  • Stove

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

Overview

  • 2 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,704

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Estate: Yes
  • Lvt Date: 10/10/2023
  • Year Built: 1928
  • Age: 25+ Years
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Gas Stove, Refrigerator, Washer
  • Basement: Outside Entrance
  • Other Rooms: Dining Area, Dining Room, Kitchen, Library/Study, Laundry/Utility Rm, Living Room

Exterior Features

  • Outside Features: Curbs, Porch, Patio, Sidewalks
  • Siding Exterior: Brick Face, Brick

Utilities

  • Heating: Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 31 X 98

Multi Family

  • Number Of Units: 2
  • Separate Meters: Electric, Gas, Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2023
Closed on
Dec 27, 2023
Sold by
Bonilla Ferreiras Melida
Bought by
Meridian Properties Llc
Seller's Agent
Drew Fishman
COLDWELL BANKER ARGUS REAL ESTATE-Northfield
Buyer's Agent
Allyson Clark
Elite REALTORS® of New Jersey
List Price
$590,000
Sold Price
$590,000
Total Days on Market
17
Views
48
Current Estimated Value
$736,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,394
Avg. Annual Appreciation
17.15%

Purchase Details

Closed on
Oct 7, 1998
Sold by
Graham Myra
Bought by
Castillo Ramon and Castillo Maria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,221
Interest Rate
6.74%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 1993
Sold by
Slutzky Freda M
Bought by
Slutzky Fred I
Source: Public Records

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Range of Values:

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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
Meridian Properties Llc $590,000 Scott Title Services
Castillo Ramon $130,000 Fidelity National Title
Slutzky Fred I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Castillo Ramon $133,500
Previous Owner Castillo Ramon $128,221
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/11/2024 01/11/24 Sold $590,000 0.0% --
10/27/2023 10/27/23 Pending -- -- --
10/10/2023 10/10/23 For Sale $590,000 -- --
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 $7,704 $281,900 $214,100 $67,800
2023 $7,250 $281,900 $214,100 $67,800
2022 $7,250 $281,900 $214,100 $67,800
2021 $7,296 $281,900 $214,100 $67,800
2020 $7,304 $281,900 $214,100 $67,800
2019 $7,287 $281,900 $214,100 $67,800
2018 $7,425 $281,900 $214,100 $67,800
2017 $7,465 $281,900 $214,100 $67,800
2016 $6,377 $291,700 $250,000 $41,700
2015 $6,318 $291,700 $250,000 $41,700
2014 $9,766 $474,300 $400,000 $74,300
Source: Public Records

Agents Affiliated with this Home

  • Drew Fishman

    Seller's Agent in 2024

    Drew Fishman

    COLDWELL BANKER ARGUS REAL ESTATE-Northfield

    (609) 646-5001

    47 Total Sales

    Drew Fishman
    Section Image

  • P

    Seller Co-Listing Agent in 2024

    Patricia Steele

    COLDWELL BANKER ARGUS REAL ESTATE-Ventnor

    (609) 432-7247

    16 Total Sales

    Patricia Steele
    Section Image

  • A

    Buyer's Agent in 2024

    Allyson Clark

    Elite REALTORS® of New Jersey

    (917) 319-7994

    Section Image
See All Agents

Map

Source: South Jersey Shore Regional MLS

MLS Number: 578584

South Jersey Shore Regional MLS

APN: 22-00073-0000-00010

New Jersey Atlantic County Ventnor City 08406

6622 Ventnor Ave, Ventnor City, NJ

This home is located at 6622 Ventnor Ave, Ventnor City, NJ 08406 since 10 October 2023 and is currently estimated at $736,394. This property was built in 1928. 6622 Ventnor Ave 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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