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Sold for $505,000
  • $505,000

    22 S Vassar Sq, Ventnor City, NJ 08406

    7beds
    4baths
    --sqft
    Triplex
    Built in 1930
    -- sqft lot
    $1,145,500 Zestimate®
    $--/sqft
    $1,925 Estimated rent

    Home value

    $1,145,500

    $985,000 - $1.34M

    $1,925/mo

    Zestimate® history
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    What's special

    ATTENTION INVESTORS NEW PRICE.. The time is now to invest in your financial future. Take advantage of this rare opportunity to invest in a Tri-plex in the North Beach section of Ventnor on, a very desirable street, just steps to the world famous Boardwalk and Ventnor‘s best beaches. All 3 units have been fully occupied decade after decade creating consistent revenue. With endless possibilities, an investor could choose to continue the current model or perform light renovations to increase revenues or, fully renovate the property and maximize the rent roll along with increasing the total asset value and, perhaps sell each unit as a condo. Buyers are free to perform any and all tests and inspections however, the property is being sold in as is condition. Rental info and flood premium in associated documents

    Zillow last checked:

    Listing updated:

    Listed by:

    TROY ROSENZWEIG 609-209-4495,

    BHHS FOX and ROACH-Margate,

    STACY SCHERR 267-228-8043,

    BHHS FOX and ROACH-Margate

    Bought with:

    TODD GORDON, 9702902

    Source: SJSRMLS,MLS#: 577011MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Baseboard, Natural Gas, Hot Water
    Cooling
    • Window Unit(s)
    Features
    • Basement: 6 Ft. or More Head Room,Finished,Full,Heated,Outside Entrance,Plumbing
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Features
    • Patio & porch: Porch
    • Has view: Yes
    • View description: See Remarks
    • Waterfront features: Boardwalk Area
    Lot
    • Size: 2,500 Square Feet
    • Dimensions: 40 x 62.5
    Details
    • Parcel number: 24

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Brick, Vinyl
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Ventnor City

    Financial & listing details

    • Tax assessed value: $319,700
    • Annual tax amount: $8,223
    • Date on market: 8/12/2023
    • Date available: 08/12/2023
    • Road surface type: Sidewalks

    Price history

    DateEventPrice
    11/10/2023Sold$505,000-22.2%
    Source: SJSRMLS #577011 Report a problem
    10/24/2023Pending sale$649,000
    Source: SJSRMLS #577011 Report a problem
    9/16/2023Price change$649,000-13.5%
    Source: SJSRMLS #577011 Report a problem
    8/18/2023Listed for sale$749,999
    Source: SJSRMLS #577011 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,737 $319,700
    2024$8,737 +2.7%$319,700
    2023$8,507 +2.8%$319,700
    2022$8,274 -0.1%$319,700
    2021$8,283 +0.2%$319,700
    2020$8,264 -1.9%$319,700
    2019$8,421 $319,700
    2018$8,421 +8.4%$319,700
    2017$7,771 +0.9%$319,700 -10.1%
    2016$7,700 +5.2%$355,500
    2015$7,320 +3.5%$355,500
    2014$7,071 -2.3%$355,500 -10%
    2012$7,240 +6.1%$395,000
    2011$6,822 +3.5%$395,000
    2010$6,593 +3.3%$395,000
    2009$6,383 +1.6%$395,000
    2008$6,281 +11.9%$395,000
    2007$5,613 $395,000 +112.6%
    2006-- $185,800
    2005-- $185,800
    2004-- $185,800 0%
    2003-- $185,823 +24.4%
    2002-- $149,400
    2001-- $149,400
    Find assessor info on the county website

    Neighborhood: 08406

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,145,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,145,500