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26 North Georgia Avenue

26 North Georgia Avenue, Atlantic City, NJ 08401
Property in Duck Town
Sold Jul 16, 2007
$780,000
Buyer
Seller
$624,000 by Oritani Savings Bank
Mortgage Due Jul 16, 2037
Sold Dec 28, 2001
$362,500
$162,500 by Slm Financial Corp
Mortgage
26 North Georgia Avenue has been categorized by the local assessors in Atlantic City, NJ as a residential type of property. The building on the property was first built in 1920 and is 104 years old. The building has a total of 4 stories. In addition, 26 North Georgia Avenue has 9,641 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 900 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 4,500 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 26 North Georgia Avenue was last sold in Jun 28, 2007 for $780,000. According to our calculations, that's $80.90 per sqft. Prior to that sales transaction, the property was sold for $362,500 in Dec 14, 2001. Current property owners are expected to pay $19,640 in taxes per year. The property on 26 North Georgia Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $520,000. To break that down further, the land itself was valued at $130,000. While improvements to the property were assessed at a total of $390,000. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Construction Type: Brick
  • Exterior Walls Type: Brick
  • Floor Count: 4
  • Living Units: 13
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,500
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 500
  • Total Building Area: 9,641
  • Gross Building Area: 9,641
  • Building Area: 9,641
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 9,641
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.103
  • Standard Land Use Code: Apartments (generic)

Ownership

  • Current Owner : MELO LLC
  • Previous Owner : HUYNH VAN
  • Owner Before Previous Owner: 28 N GEORGIA AVENUE LLC
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlantic City School District
  • Census Tract: 002300

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 46
  • District: 02
  • Parcel: 02 00279-0000-00027
  • Block: 279
  • Lot: 27
  • Municipality: ATLANTIC CITY
  • Latitude: 39.3579
  • Longitude: -74.4415

    Address

  • Full Address: 26 N Georgia Ave
  • Address - House Number: 26
  • Street Direction: N
  • Address - Street Name: Georgia
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Atlantic City
  • Carrier Code: C053
  • 4-Digit Zip Code: 4019
  • Zip Code: 08401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,640

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $624,000
  • First Open Lien Mortgage Lender: ORITANI SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Jul 16, 2007
  • First Open Lien Mortgage Loan Amount: $624,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jul 16, 2037

    Market Valuation

  • Market Total Value: $520,000
  • Market Land Value: $130,000
  • Market Improvement Value: $390,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $520,000
  • Assessed Land Value: $130,000
  • Assessed Improvements Value: $390,000

    Sales

  • Current Sale Contract Date: Jun 28, 2007
  • Current Sale Recording Date: Jul 16, 2007
  • Current Sale Transaction ID: 1191306438
  • Current Sale Price: $780,000
  • Current Sale Document Type: Bargain and Sale Deed
  • Current Sale Input Document Number: 2007066319
  • Previous Sale Recording Date: Dec 28, 2001
  • Previous Sale Contract Date: Dec 14, 2001
  • Previous Sale Amount: $362,500
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: ORITANI SAVINGS BANK
  • First Mortgage Transaction Date: Jul 16, 2007
  • First Mortgage Loan Amount: $624,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: SLM FINANCIAL CORP
  • Previous Mortgage Transaction Date: Dec 28, 2001
  • Previous Mortgage Loan Amount: $162,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Duck Town



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Frequently Asked Questions

What neighborhood is 26 North Georgia Avenue located in?
The 26 North Georgia Avenue is a located in the neighborhood of Duck Town in Duck Town, Atlantic City.
What is the average sales price for listings in 26 North Georgia Avenue?
The average sales price for units in 26 North Georgia Avenue is $0 currently.

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