NOT LISTED FOR SALE

818 N Ohio Ave Atlantic City, NJ 08401

Monroe Park Neighborhood

Estimated Value: $270,000 - $388,000

-- Bed
-- Bath
3,319 Sq Ft
$102/Sq Ft Est. Value

Last Sold December 23, 2019

Last sale price $140,000 $42 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $2,327/month

257 Days on Market

About This Home

As of December 2019

Investor Alert! Income producing quadplex, fully occupied, rent totals $3,430. Well maintained. Two, one bedroom units, two, two bedroom units. Owner pays oil heat, newer boiler, water and sewer. Storage unit, was a store.

Last Agent to Sell the Property

Susan Carr

BHHS FOX and ROACH-Northfield Listed on: 03/20/2019

BHHS FOX and ROACH-Northfield

Last Buyer's Agent

Silvette Rivera

WEICHERT REALTORS ASBURY GROUP-AC

WEICHERT REALTORS ASBURY GROUP-AC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,761

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 31' x 90'
  • Corner Lot

Parking

  • 3 Parking Spaces

Home Design

  • Vinyl Siding
  • Stucco

Kitchen

  • Stove

Utilities

  • Heating System Uses Oil
  • Separate Meters
  • Electric Water Heater

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,761

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Lvt Date: 03/20/2019
  • Year Built: 1930
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Stove, Refrigerator

Exterior Features

  • Outside Features: Sidewalks
  • Siding Exterior: Stucco, Vinyl
  • Storm Screens: Combination, Screens

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Oil
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric

Lot Info

  • Location: Corner
  • Lot Dimensions: 31' X 90'

Rental Info

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

Multi Family

  • Number Of Units: 4
  • Number Of1 Bedroom Units: 2
  • Number Of2 Bedroom Units: 2
  • Separate Meters: Electric, Hot Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2023
Sold by
County Of Atlantic
Bought by
Fidelity & Guaranty Life Mtg Tr and 818 North Ohio Llc
Current Estimated Value
$339,676

Purchase Details

Listed on
Mar 20, 2019
Closed on
Dec 20, 2019
Sold by
40 Columbia Ave Llc
Bought by
818 North Ohio Llc
Seller's Agent
Susan Carr
BHHS FOX and ROACH-Northfield
Buyer's Agent
Silvette Rivera
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$199,000
Sold Price
$140,000
Premium/Discount to List
-$59,000
-29.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.86%
Original Mortgage
$252,000
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Mar 20, 2019
Closed on
Dec 19, 2019
Sold by
Higgins Colin M
Bought by
40 Columbia Llc
Seller's Agent
Susan Carr
BHHS FOX and ROACH-Northfield
Buyer's Agent
Silvette Rivera
WEICHERT REALTORS ASBURY GROUP-AC
List Price
$199,000
Sold Price
$140,000
Premium/Discount to List
-$59,000
-29.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,750
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 8, 2017
Closed on
Dec 19, 2017
Sold by
Gross Lawrence and Gross Jean
Bought by
Higgins Colin M
Seller's Agent
Robert Shamberg
BHHS DIVERSIFIED REALTY
Buyer's Agent
Susan Carr
BHHS FOX and ROACH-Northfield
List Price
$92,000
Sold Price
$92,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.36%
Original Mortgage
$67,425
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 1997
Sold by
1993 N3 New Jersey Associates Lp
Bought by
Gross Lawrence and Gross Jean

Purchase Details

Closed on
Jun 28, 1996
Sold by
Mcgettigan James
Bought by
1993-N3 New Jersey Associates Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,067
Interest Rate
7.98%
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
Fidelity & Guaranty Life Mtg Tr $1,000 None Listed On Document
818 North Ohio Llc $295,000 Amtrust Title Insurance Co
40 Columbia Llc $140,000 None Available
Higgins Colin M $92,000 None Available
Gross Lawrence $30,000 The Title Company
1993-N3 New Jersey Associates Lp $1,081 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 818 North Ohio Llc $252,000
Previous Owner 818 North Ohio Llc $204,750
Previous Owner Higgins Colin M $67,425
Previous Owner 1993-N3 New Jersey Associates Lp $204,067
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2019 12/23/19 Sold $140,000 -9.7% $42 / Sq Ft
12/02/2019 12/02/19 Pending -- -- --
08/29/2019 08/29/19 Price Changed $155,000 -6.1% $47 / Sq Ft
07/17/2019 07/17/19 Price Changed $165,000 -7.8% $50 / Sq Ft
04/10/2019 04/10/19 Price Changed $179,000 -10.1% $54 / Sq Ft
03/20/2019 03/20/19 For Sale $199,000 +116.3% $60 / Sq Ft
12/22/2017 12/22/17 Sold $92,000 0.0% $28 / Sq Ft
10/29/2017 10/29/17 Pending -- -- --
02/08/2017 02/08/17 For Sale $92,000 -- $28 / 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
2025 $5,761 $166,900 $25,300 $141,600
2024 $5,761 $166,900 $25,300 $141,600
2023 $6,304 $166,900 $25,300 $141,600
2022 $6,304 $166,900 $25,300 $141,600
2021 $6,511 $166,900 $25,300 $141,600
2020 $6,566 $166,900 $25,300 $141,600
2019 $6,526 $163,800 $40,000 $123,800
2018 $5,787 $163,800 $40,000 $123,800
2017 $6,158 $180,000 $90,000 $90,000
2016 $6,948 $180,000 $90,000 $90,000
2015 $6,160 $180,000 $90,000 $90,000
2014 $6,026 $180,000 $90,000 $90,000
Source: Public Records

Agents Affiliated with this Home

  • Susan Carr

    Seller's Agent in 2019

    Susan Carr

    BHHS Fox & Roach

    (609) 576-6504

    102 Total Sales

    Susan Carr
    Section Image
  • Silvette Rivera

    Buyer's Agent in 2019

    Silvette Rivera

    Weichert Corporate

    (856) 238-2082

    12 in this area

    80 Total Sales

    Silvette Rivera
    Section Image
  • Robert Shamberg

    Seller's Agent in 2017

    Robert Shamberg

    BHHS DIVERSIFIED REALTY

    (609) 335-5711

    5 in this area

    242 Total Sales

    Robert Shamberg
    Section Image
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Map

Source: South Jersey Shore Regional MLS

MLS Number: 519434

South Jersey Shore Regional MLS

APN: 02-00631-0000-00001

New Jersey Atlantic County Atlantic City 08401 Monroe Park

818 N Ohio Ave, Atlantic City, NJ

This home is located at 818 N Ohio Ave, Atlantic City, NJ 08401 since 20 March 2019 and is currently estimated at $339,676, approximately $102 per square foot. This property was built in 1930. 818 N Ohio Ave is a home located in Atlantic County with nearby schools including Dr. Martin Luther King Jr. School Complex, Atlantic City High School, and New Hope Christian Academy/Robinson Small Learning Center.

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