NOT LISTED FOR SALE

7000 7002 Calvert Ave Ventnor City, NJ 08406

Estimated Value: $825,000 - $1,088,000

-- Bed
-- Bath
3,574 Sq Ft
$256/Sq Ft Est. Value

Last Sold March 30, 2022

Last sale price $625,000 $175 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,565/month

Highlights

  • Water Oriented
  • Formal Dining Room
  • Brick Porch or Patio
  • 2 Fireplaces
  • Multiple Balconies
  • Eat-In Kitchen

About This Home

As of March 2022

WHEN THE BONES ARE GOOD… Each unit in this Duplex not only hosts 3 Spacious Bedrooms, 2 full bathrooms, but has vast closet and living space….trust me you’ll forget you’re in a duplex!!!! Conveniently located in the Ventnor Gardens section….just blocks from the beach, boardwalk, restaurants and shops. Want to stay home? No problem! Each unit has its own multi-car driveway, a cozy yard area along with either a balcony or a porch to relax outside….What makes this Duplex different from others…IT’S SOLID!!!!! If only all homes could be built like this. This home has been meticulously maintained throughout the years. With the owners occupying the downstairs, they were very selective and have hosted great tenants upstairs. Awesome rental income potential which is ideal if you want to live in one while collecting rent on the other. Are you ready to make it yours? (Professional pictures to come)

Last Agent to Sell the Property

Julie Cicali

(856) 979-7673 luxeliving@jerseyjules.com Real Broker, LLC License #RS367310 Listed on: 03/07/2022

Real Broker, LLC

Last Buyer's Agent

Julie Cicali

(856) 979-7673 luxeliving@jerseyjules.com Real Broker, LLC License #RS367310 Listed on: 03/07/2022

Real Broker, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,838

Year Built

  • Built in 1975

Home Design

  • Duplex
  • Frame Construction

Interior Spaces

  • 3,574 Sq Ft Home
  • 2 Fireplaces
  • Formal Dining Room
  • Carpet
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Water Oriented
  • Property is near an ocean
  • Multiple Balconies
  • Brick Porch or Patio

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Lot Dimensions are 75.00 x 95

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 00019
  • Assessor Parcel Number 22-00236-00019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,838

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Accessibility Features: 2+ Access Exits
  • Ownership: Fee Simple
  • Exclusions: Personal Items and Furniture
  • Historic: No
  • Home Warranty: No
  • Inclusions: ALL MAJOR APPLIANCES
  • New Construction: No
  • Year Built: 1975
  • Automatically Close On Close Date: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Dryer, Oven/Range - Gas, Refrigerator, Washer
  • Interior Amenities: Carpet, Formal/Separate Dining Room, Kitchen - Eat-In
  • Fireplaces Count: 2
  • Fireplace: Yes
  • Foundation Details: Crawl Space
  • Total Sq Ft: 3574
  • Living Area Sq Ft: 3574
  • Price Per Sq Ft: 174.85
  • Above Grade Finished Sq Ft: 3574
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Frame
  • Water Access: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Waterfront: No
  • Water Oriented: Yes
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Driveway, Off Street, On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Utilities: Water Available, Sewer Available, Natural Gas Available, Cable Tv Available
  • Water Source: Public

Schools

  • School District Source: Listing Agent

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 198700.00
  • Land Assessed Value: 142800.00
  • Lot Dimensions: 75.00 x 95
  • Lot Size Units: Square Feet
  • Outdoor Living Structures: Balcony, Porch(es), Brick, Balconies- Multiple
  • Zoning: 06

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 3437844
  • Tax Annual Amount: 8838.00
  • Assessor Parcel Number: 22-00236-00019
  • Tax Lot: 00019
  • County Tax Payment Frequency: Annually
  • Tax Year: 2020

MLS Schools

  • School District Name: VENTNOR CITY SCHOOLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2022
Closed on
Mar 29, 2022
Sold by
Rose Zompa
Bought by
Sporkin Joseph and Sporkin Michelle
Seller's Agent
Julie Cicali
Real Broker, LLC
Buyer's Agent
Julie Cicali
Real Broker, LLC
List Price
$624,900
Sold Price
$625,000
Premium/Discount to List
$100
0.02%
Current Estimated Value
$914,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$289,543
Avg. Annual Appreciation
11.22%
Original Mortgage
$450,000
Interest Rate
4.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 19, 2010
Sold by
The Pocozo Corporation
Bought by
Zompa Luciano and Zompa Rose

Purchase Details

Closed on
Nov 30, 2000
Sold by
Meyers David and Meyers Barbara
Bought by
Pocozo Corp

Purchase Details

Closed on
Sep 29, 1999
Sold by
Meyers Barbara
Bought by
Meyers David and Meyers Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
10.72%
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
Sporkin Joseph $625,000 Surety Title
Zompa Luciano -- Magellan Title & Abstract Ll
Pocozo Corp $218,000 --
Meyers David -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sporkin Joseph $450,000
Previous Owner Meyers David $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2022 03/30/22 Sold $625,000 0.0% $175 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
03/07/2022 03/07/22 For Sale $624,900 -- $175 / 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 $9,333 $341,500 $142,800 $198,700
2024 $9,333 $341,500 $142,800 $198,700
2023 $8,783 $341,500 $142,800 $198,700
2022 $8,783 $341,500 $142,800 $198,700
2021 $8,838 $341,500 $142,800 $198,700
2020 $8,848 $341,500 $142,800 $198,700
2019 $8,828 $341,500 $142,800 $198,700
2018 $8,995 $341,500 $142,800 $198,700
2017 $9,043 $341,500 $142,800 $198,700
2016 $8,720 $398,900 $237,000 $161,900
2015 $8,640 $398,900 $237,000 $161,900
2014 $8,213 $398,900 $237,000 $161,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: NJAC2003256

Bright MLS

APN: 22-00236-0000-00019