NOT LISTED FOR SALE

735 N Somerset Ave Unit Q2 Ventnor City, NJ 08406

Estimated Value: $172,000 - $187,966

2 Beds
1 Bath
-- Sq Ft
0.59 Acres

Last Sold September 06, 2023

Last sale price $167,500

Est. 7% increase in value since last sale

Current estimated payment $1,044/month

40 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Baseboard Heating

About This Home

As of September 2023

Nicely Renovated 2Bed 1Bath 2nd Floor Unit. Close to Ventnor Shopping Plaza, Transportation and Restaurants. Few Blocks from the Beach and Boardwalk. Wood Floor. New Kitchen with Granite Counter Top, New Bathroom, New windows. Balcony For an outside view. Washer and Dryer in the unit. Listing Agent is a partner in selling LLC. Vacant, Easy to Show.

Last Agent to Sell the Property

Shaukat Azad

FARLEY and FERRY REALTY, INC Listed on: 07/01/2023

Last Buyer's Agent

Neil Spak

COLDWELL BANKER REALTY - Moorestown

COLDWELL BANKER REALTY - Moorestown

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,205

Year Built

  • Built in 1972

Lot Details

  • 0.59

Parking

  • Off-Site Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Baseboard Heating
  • Hot Water Heating System
  • Electric Water Heater

Community Details

  • Association fees include heat, insurance, maintenance, sewer, trash, water

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,205

Year Built

Built in 1972

Lot Details

0

Listing Details

  • Class: Condominium
  • Type: Condo
  • Style: Detached
  • Lvt Date: 07/01/2023
  • Year Built: 1972
  • Age: 25+ Years
  • Number Of Levels In Unit: One
  • Number Of Stories In Bldg: Two
  • Unit Location: Second Floor
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Bedrooms: 2
  • Full Bathrooms: 1

Exterior Features

  • Siding Exterior: Brick

Garage/Parking

  • Parking Exterior: Off Site Parking

Utilities

  • Air Conditioner: Ceiling Fan(s), Wall Units
  • Heating: Baseboard, Electric, Hot Water
  • Sewer: Public Sewer
  • Water: Public Water
  • Water Heater: Electric

Condo/Co-op/Association

  • HOA Includes: Heat, Insurance, Maintenance, Sewer, Trash, Water
  • Condo Name: Dream Bay
  • Management: Association

Rental Info

  • Pets: Yes W/Restrictions

Multi Family

  • Unit Features: Hardwood Floors

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2023
Closed on
Sep 1, 2023
Sold by
Musa Real Estate Traders Llc
Bought by
Baer David
Seller's Agent
Shaukat Azad
FARLEY and FERRY REALTY, INC
Buyer's Agent
Neil Spak
COLDWELL BANKER REALTY - Moorestown
List Price
$179,999
Sold Price
$167,500
Premium/Discount to List
-$12,499
-6.94%
Views
399
Current Estimated Value
$179,992

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,492
Avg. Annual Appreciation
3.52%

Purchase Details

Closed on
Apr 18, 2023
Sold by
County Of Atlantic
Bought by
Musa Real Estate Traders Llc

Purchase Details

Closed on
Jul 25, 2002
Sold by
Soto Hector and Soto Dolores
Bought by
Valenzuela Reina I
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
Baer David $167,500 Trident Land Transfer
Musa Real Estate Traders Llc $121,548 Trident Land Transfer
Valenzuela Reina I $52,000 Fidelity National
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/06/2023 09/06/23 Sold $167,500 -6.9% --
08/10/2023 08/10/23 Pending -- -- --
08/03/2023 08/03/23 For Sale $179,999 0.0% --
07/13/2023 07/13/23 Pending -- -- --
07/01/2023 07/01/23 For Sale $179,999 -- --
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 $1,205 $67,300 $15,000 $52,300
2024 $1,205 $44,100 $15,000 $29,100
2023 $1,134 $44,100 $15,000 $29,100
2022 $1,134 $44,100 $15,000 $29,100
2021 $1,141 $44,100 $15,000 $29,100
2020 $1,143 $44,100 $15,000 $29,100
2019 $1,140 $44,100 $15,000 $29,100
2018 $1,162 $44,100 $15,000 $29,100
2017 $1,168 $44,100 $15,000 $29,100
Source: Public Records

Agents Affiliated with this Home

  • Shaukat Azad

    Seller's Agent in 2023

    Shaukat Azad

    FARLEY and FERRY REALTY, INC

    (609) 271-2027

    7 in this area

    24 Total Sales

    Shaukat Azad
    Section Image
  • Neil Spak

    Buyer's Agent in 2023

    Neil Spak

    COLDWELL BANKER REALTY - Moorestown

    (215) 266-9895

    2 in this area

    82 Total Sales

    Neil Spak
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 575506

South Jersey Shore Regional MLS

APN: 22-00341-0000-00001-0000-C1702

New Jersey Atlantic County Ventnor City 08406

735 N Somerset Ave Unit Q2, Ventnor City, NJ

This home is located at 735 N Somerset Ave Unit Q2, Ventnor City, NJ 08406 since 01 July 2023 and is currently estimated at $179,992. This property was built in 1972. 735 N Somerset Ave Unit Q2 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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