16 North Newark Avenue

Ventnor City, NJ 08406

$530,000
Last Sold Price
Beds
1,390 Sq. Ft.
$381 / Sq. Ft.
1,390
Sq. Ft.
$381
per Sq. Ft.

Description

Opportunity is knocking! Lovely MulitFamily home in Ventnor City boasts 2 spacious units & endless possibilities! Sitauted in a great location, you're only 1.5 blocks to Ventnor City Beach and boardwalk, shopping, dining, public transit & just a short ride to iconic Atlantic City amusements & nightlife. Unit 1 offers 2 Bedrooms, 1 Full Bath, Living rm & Kitchen with granite counters + ceramic flrs. Unit 2 offers even more living space with a sizable Living rm, seperate Dining rm, Eat-in-Kitchen,...Opportunity is knocking! Lovely MulitFamily home in Ventnor City boasts 2 spacious units & endless possibilities! Sitauted in a great location, you're only 1.5 blocks to Ventnor City Beach and boardwalk, shopping, dining, public transit & just a short ride to iconic Atlantic City amusements & nightlife. Unit 1 offers 2 Bedrooms, 1 Full Bath, Living rm & Kitchen with granite counters + ceramic flrs. Unit 2 offers even more living space with a sizable Living rm, seperate Dining rm, Eat-in-Kitchen, convenient 1/2 bath & versatile Office space with in-unit Laundry. 3 generous Bedrooms & 1 Full bath upstairs! Private entrances, Rear Patio + Yard area & Detached 1 Car Garage with ample parking. An excellent investment opportunity & great rental property! Lots of possibilities here - come & see TODAY!
  1. Listed by Robert Dekanski • Re/Max 1st Advantage

Property Details for 16 North Newark Avenue

City/Community
Ventnor
Class
MULTI-FAMILY
Parking - Exterior
Three or More Cars
Waterfront (Y/N)
No

Location

Listing Courtesy of Re/Max 1st Advantage

Sold By BHHS FOX and ROACH-Margate

Add your commute
LISTING UPDATED: 08/22/2022 10:13 PM

Property Details for 16 North Newark Avenue

StatusSold
MLS #564797
Days on Market6
Taxes$6,740 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built1940
Lot Size0.07 AC / 2,888 SF
CountyAtlantic County

Location

Listing Courtesy of Re/Max 1st Advantage

Sold By BHHS FOX and ROACH-Margate

Add your commute

Building Information for 16 North Newark Avenue

Stories-Residences2Year Built1940Building Size-Lot Size0.07 AC / 2,888 SF

Payment Calculator

$3,454 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,892

Property Taxes

$562

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 16 North Newark Avenue

Summary
Location and General Information
  • Address: 16 N Newark Ave Ave
  • Address Direction: N
  • Address Number: 16
  • Address Search Number: 16
  • Address Street: Newark Ave
  • Area: Ventnor City
  • County: Atlantic
  • Directions: From N Albany Ave to West End Ave to Wellington Ave to Dorset Ave to Ventnor Ave to N Newark Ave.
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Ave
  • Zip: 08406
Owner
  • Owner: Teresa Jimenez
Parking
  • Garage: Detached Garage, One Car
Taxes and HOA Information
  • LVT Date: 07-05-2022
  • Tax Year: 2021
  • Taxes: 6740
Property
Lot Information
  • Approved Short Sale?: No
  • Approx SQFT: 1390
  • Block #: 128
  • Lot #: 18
  • Lot Dimensions: 76x38
Property and Assessments
  • Also Includes: See Remarks
  • Associated Document Count: 3
  • Doc Timestamp: 07-02-2022
  • Estate Y/N: No
  • Flood Plain (Y/N): Yes
  • New Construction: No
  • Property Id: 22-00128-0000-00018
  • Total Assessment: 138800
  • Water: Public
  • Year Built: 1940
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Curbs, Fenced Yard, Patio, Sidewalks
  • Siding/Exterior: Vinyl
Interior Features
  • Air Conditioning: Ceiling Fan(s), Wall Units, Window Units
  • Appliances: Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
  • Heating: Baseboard, Gas-Natural, Radiator
  • Other Rooms: Dining Room, Eat In Kitchen, Laundry/Utility Rm, Living Room
Multi Family
Multi-Family Information
  • # of 2 Bedroom Units: 1
  • # of 3 Bedroom Units: 1
  • Annual Taxes: 6740
  • Annual Taxes (O/T): Owner
  • Available: Other
  • Limited Service (Y/N): No
  • Number Of Units: 2
  • Rental Information: Lease Required
  • Suitable For: Multi Family + Rooms
  • Total Expense: 6740
  • Total Income: 0
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Half Baths: 0
  • Unit 1 Level: Lower
  • Unit 1 Rooms: 5
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 3
  • Unit 2 Half Baths: 1
  • Unit 2 Level: Upper
  • Unit 2 Rooms: 7

Property History for 16 North Newark Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 16 North Newark Avenue

Taxable ValueLand$131,300Additions$138,800Total$270,100
Tax Record2022$6,697 ($558 / month)
Home Facts
Beds0Total Finished SqFt1,390 SqFtAbove Grade Finished SqFt1,390 SqFtStories2Lot Size2,888 SqFtStyleSingle Family ResidenceYear Built1940Zoning7CountyATLANTICAPN22 00128-0000-00018

Schools near 16 North Newark Avenue

This home is within Ventnor City School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Private - PK to 8
Rating
School
Distance
Ventnor Elementary School
PublicPK to 4

Ventnor Middle School
Public5 to 8

St. James Elementary School
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max 1st Advantage

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.