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460 North Elberon Avenue

460 North Elberon Avenue, Atlantic City, NJ 08401
Property in Chelsea Heights
Sold Dec 06, 2017
$75,000
$70,000 by Thomas I Scott
Mortgage Due Dec 06, 2047
Sold Sep 09, 2002
$160,000
Local assessors in Atlantic City, NJ have categorized 460 North Elberon Avenue as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 5,401 square feet. The linear feet between the front and back of the lot was measured at 900 ft and the front of the lot was measured at 600 ft. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 460 North Elberon Avenue has a total of 825 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 460 North Elberon Avenue sold most recently in Nov 22, 2017 for a total of $75,000. If you work out the math, that's approximately a cost of $90.91 per sqft. Before that, the property was also sold for $160,000 in Jan 2, 2002. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,656 in taxes each year. 460 North Elberon Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $96,800. If we break it down further, the land itself was valued at $51,600. Improvements to the property, however, were assessed at a total of $45,200. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,401
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 600
  • Total Building Area: 825
  • Building Area: 825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 825
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : HERBERT JAMES
  • Previous Owner : SCOTT THOMAS L
  • Previous Owner 2: SCOTT JOANNE F
  • Owner Before Previous Owner: FORBES JOSEPHINE B
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlantic City School District
  • Census Tract: 000100

Zoning

  • Zoning: R-2

Geography

  • Assessors Map Reference: TAX MAP 125
  • District: 02
  • Parcel: 02 00788-0000-00003
  • Block: 788
  • Lot: 3
  • Municipality: ATLANTIC CITY
  • Latitude: 39.3555
  • Longitude: -74.4622

    Address

  • Full Address: 460 N Elberon Ave
  • Address - House Number: 460
  • Street Direction: N
  • Address - Street Name: Elberon
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Atlantic City
  • Carrier Code: C065
  • 4-Digit Zip Code: 1125
  • Zip Code: 08401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,656

    Appraisal Valuation

  • Standard Deviation: 0.2746
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 60
  • Final Value: 202,178
  • High Value: 257,706
  • Low Value: 146,650

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: THOMAS I SCOTT
  • First Open Lien Mortgage Recording Date: Dec 06, 2017
  • First Open Lien Mortgage Loan Amount: $70,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 06, 2047

    Market Valuation

  • Market Total Value: $96,800
  • Market Land Value: $51,600
  • Market Improvement Value: $45,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $96,800
  • Assessed Land Value: $51,600
  • Assessed Improvements Value: $45,200

    Sales

  • Current Sale Contract Date: Nov 22, 2017
  • Current Sale Recording Date: Dec 06, 2017
  • Current Sale Transaction ID: 11337161678
  • Current Sale Price: $75,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017066532
  • Previous Sale Recording Date: Sep 09, 2002
  • Previous Sale Contract Date: Jan 02, 2002
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: THOMAS I SCOTT
  • First Mortgage Transaction Date: Dec 06, 2017
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 460 North Elberon Avenue located in?
The 460 North Elberon Avenue is a located in the neighborhood of Chelsea Heights in Chelsea Heights, Atlantic City.
What is the average sales price for listings in 460 North Elberon Avenue?
The average sales price for units in 460 North Elberon Avenue is $0 currently.

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