Sold for $420,000

$420,000

2 S Elberon Ave, Atlantic City, NJ 08401

--beds

--baths

--sqft

Triplex

Built in ----

-- sqft lot

$625,700 Zestimate^®

$--/sqft

$2,009 Estimated rent

Home value

$625,700

$557,000 - $713,000

$2,009/mo

Zestimate^® history

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What's special

Formal dining roomRichmond schoolBig large kitchenLaundry mat

Beautiful corner property, Ventnor Ave and Elberon Ave. Second beach Block . Near by all the shopping, dining, banks, laundry mat, Richmond School, and Stockton university. Location Location.... Very nice apartments. Main house has 4-5 large bed room 2 full bath, formal dining room, living room. At the entrance you can make your own office. 2nd. apartment has a big large kitchen with eat in and a lot of storage space. Very large living room and a bed room New Bath room. 1st Floor apartment totally renovated it has 2 bed room open space living room and dining area. kitchen and a full bath. Net income $50,000. great cap rate almost 12% .

Facts & features

Interior

Rooms

Room types: Dining Area, Dining Room, Kitchen, Living Room

Heating

Natural Gas

Appliances

Included: Gas Stove, Refrigerator, Self Cleaning Oven

Features

Windows: Insulated Windows, Screens, Storm Window(s)
Basement: Plumbing,Unfinished
Has fireplace: No

Property

Parking

Parking features: None

Features

Patio & porch: Porch, Porch-Enclosed
Fencing: Fenced
Waterfront features: Boardwalk Area

Lot

Size: 1,860 Square Feet
Dimensions: 30 x 62

Details

Parcel number: 2

Construction

Type & style

Home type: MultiFamily
Property subtype: Triplex

Materials

Brick

Condition

New construction: No

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Atlantic City

Financial & listing details

Tax assessed value: $314,700
Annual tax amount: $7,037
Date on market: 9/14/2023
Date available: 09/14/2023
Road surface type: Sidewalks

Price history

Date	Event	Price
10/16/2023	Sold	$420,000
Source: SJSRMLS #577789 Report a problem
9/26/2023	Pending sale	$420,000
Source: SJSRMLS #577789 Report a problem
9/14/2023	Listed for sale	$420,000+158.5%
Source: SJSRMLS #577789 Report a problem
1/10/2020	Sold	$162,500
Source: Public Record Report a problem
10/30/2019	Sold	$162,500-18.7%
Source: SJSRMLS #515084 Report a problem
2/8/2019	Listing removed	$199,900
Source: BHHS Fox & Roach Margate #515084 Report a problem
12/15/2018	Price change	$199,9000%
Source: BHHS Fox & Roach Margate #515084 Report a problem
10/19/2018	Price change	$199,999-14.9%
Source: BHHS Fox & Roach - Margate #491051 Report a problem
4/22/2018	Price change	$234,900-6%
Source: BHHS FOX and ROACH-Margate #491051 Report a problem
7/21/2017	Listed for sale	$249,900+8.7%
Source: BHHS FOX and ROACH-Margate #491051 Report a problem
7/24/2003	Sold	$230,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$10,863	$314,700
2024	$10,863 +63.6%	$314,700 +68.9%
2023	$6,642 -8.6%	$186,300
2022	$7,268 -0.8%	$186,300
2021	$7,329 -10.7%	$186,300
2020	$8,207 +48.8%	$186,300 -9.6%
2019	$5,516	$206,000
2018	$5,516 -30.6%	$206,000
2017	$7,952 +12.8%	$206,000
2016	$7,049 -28.6%	$206,000
2015	$9,877 +31.7%	$206,000 -30.2%
2014	$7,499 +17.5%	$295,000
2013	$6,384 -20.3%	$295,000
2012	$8,014 +7.6%	$295,000 -28.3%
2011	$7,446 +5.6%	$411,600
2010	$7,051 +2.8%	$411,600
2009	$6,857 +102.2%	$411,600
2008	$3,391 +0.8%	$411,600 +352.3%
2007	$3,363	$91,000
2006	--	$91,000
2005	--	$91,000
2004	--	$91,000
2003	--	$91,000
2002	--	$91,000
2001	--	$91,000