Check Availability
$659,900
↓ $20K (2.9%)
House - For Sale

502 N DERBY AVE

VENTNOR CITY, NJ 08406
bedrooms
5 Beds
bathrooms
3 Baths
square feet
2775 Sqft
$3,241
Estimated Monthly

About This Property

Welcome to this spacious 5-bedroom, 3-bathroom home on a double lot, boasting multi-level living in a desirable corner location. This property offers a unique opportunity for those looking to put their personal touch and TLC into a home. The main features include an open floor plan, fabulous bar area great for entertaining, large windows throughout, and a 2-car garage. With its ample space and potential, this property is perfect for those seeking a project with great rewards. This home is designed for shore entertaining. Don't miss out on this chance to transform this house into your dream home! Property being sold as is, where is. Buyer responsible for CO.
Unit Size
2,775Ft²
Days on Market
49 days
Land Size
-
Price per sqft
$238
Property Type
House
Property Taxes
$855
HOA Dues
-
Year Built
1960

Listed By

Heather Leek
FARLEY and FERRY REALTY, INC
Last updated: 30 days ago (Bright MLS #NJAC2011982)

Price History

Date / Event Date Event Price
Apr 24, 2024 Price Decreased $659,900
↓ $20K (2.9%)
Price Decreased
Apr 4, 2024 Listed by Farley and Ferry Realty Inc. $679,900
Listed by Farley and Ferry Realty Inc.
Welcome to this spacious 5-bedroom, 3-bathroom home on a double lot, boasting multi-level living in a desirable corner location. This property offers a unique opportunity for those looking to put their personal touch and TLC into a home. The main features include an open floor plan, fabulous bar area great for entertaining, large windows throughout, and a 2-car garage. With its ample space and potential, this property is perfect for those seeking a project with great rewards. This home is…
May 31, 2001 Sold to Arlene M Shegda, John F Shegda $245,000
Sold to Arlene M Shegda, John F Shegda
Nov 5, 1993 Sold to Judith Saucto, Vincent Saucto $215,000
Sold to Judith Saucto, Vincent Saucto

Property Highlights

Garage
Air Conditioning
Parking Details
Has Garage
Garage Features: Inside Access
Parking Features: Attached Garage, Driveway
Attached Garage Spaces: 2
Garage Spaces: 2
Total Garage and Parking Spaces: 4
Interior Details

Bedroom Information

Bedrooms on 1st Upper Level: 4
Bedrooms on 1st Lower Level: 1

Bathroom Information

Full Bathrooms on 1st Upper Level: 2
Full Bathrooms on 1st Lower Level: 1

Interior Information

Living Area Square Feet Source: Estimated

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,402
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 1,300
  • Total Building Area: 2,775
  • Building Area: 2,775
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,775
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: VENTNOR BAY ESTATES
  • Land Acres: 0.239

Ownership

  • Current Owner : SHEGDA JOHN F
  • Current Owner 2: SHEGDA ARLENE M
  • Previous Owner : SAUSTO JUDITH M
  • Owner Before Previous Owner: JACOBS CARL F
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Ventnor City City School District
  • Census Tract: 013302

Zoning

  • Zoning: 2

Geography

  • Assessors Map Reference: TAX MAP 48
  • District: 22
  • Parcel: 22 00288-0000-00015
  • Block: 288
  • Lot: 15
  • Municipality: VENTNOR CITY
  • Latitude: 39.347
  • Longitude: -74.4838

    Address

  • Full Address: 502 N Derby Ave
  • Address - House Number: 502
  • Street Direction: N
  • Address - Street Name: Derby
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Ventnor City
  • Carrier Code: C083
  • 4-Digit Zip Code: 1358
  • Zip Code: 08406

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,918

    Appraisal Valuation

  • Standard Deviation: 0.2752
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 60
  • Final Value: 780,526
  • High Value: 995,390
  • Low Value: 565,662

    Market Valuation

  • Market Total Value: $385,600
  • Market Land Value: $164,600
  • Market Improvement Value: $221,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,600
  • Assessed Land Value: $164,600
  • Assessed Improvements Value: $221,000

    Sales

  • Current Sale Contract Date: May 25, 2001
  • Current Sale Recording Date: May 31, 2001
  • Current Sale Transaction ID: 1191379105
  • Current Sale Price: $245,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 187885
  • Previous Sale Recording Date: Nov 05, 1993
  • Previous Sale Contract Date: Oct 22, 1993
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: TRIDENT MTG COMPANY LP
  • First Mortgage Transaction Date: May 31, 2001
  • First Mortgage Loan Amount: $220,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: COLLECTIVE FED SAV
  • Previous Mortgage Transaction Date: Nov 05, 1993
  • Previous Mortgage Loan Amount: $172,000
  • Previous Mortgage Term: 360

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
5 Beds
4 Baths
3,222 ft²
$185/ft²
$595,000 Jul 27, 2022
$595,000 Nov 3, 2022
-
House
5 Beds
3 Baths
-
$640,500 Feb 14, 2013
$640,500 Nov 15, 2013
-
House
3 Beds
2 Baths
1,786 ft²
$370/ft²
$660,000 Jul 10, 2023
$660,000 Aug 18, 2023
-
House
3 Beds
2 Baths
1,409 ft²
$390/ft²
$550,000 Aug 20, 2022
$550,000 Oct 7, 2022
-
House
3 Beds
3 Baths
1,418 ft²
$406/ft²
$575,000 Jun 14, 2022
$575,000 Sep 30, 2022
$350/mo
Condo
3 Beds
4 Baths
1,946 ft²
$329/ft²
$640,000 Jul 1, 2021
$640,000 Aug 30, 2021
-
Multifamily
5 Beds
2 Baths
2,000 ft²
$339/ft²
$677,650 Mar 15, 2024
-
$281/mo
House
5 Beds
3 Baths
-
$599,000 Jan 6, 2024
-
$658/mo
House
3 Beds
1.5 Baths
1,500 ft²
$366/ft²
$549,000 Dec 7, 2023
-
$497/mo
Multifamily
5 Beds
3 Baths
-
$549,000 Nov 27, 2023
-
$597/mo
House
3 Beds
1.5 Baths
-
$595,000 Feb 8, 2024
-
$528/mo
Multifamily
Stu
-
-
$649,000 Feb 21, 2024
-
$508/mo

About Ventnor City


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Frequently Asked Questions

When was property at 502 North Derby Avenue built and last sold?
The property at 502 North Derby Avenue was built in 1960 and last sold on May 25, 2001 for $245,000.
How much is this home worth?
The estimated value of the home located at 502 North Derby Avenue is $686,699.
What are some comparable homes to 502 North Derby Avenue?
Homes that are comparable to 502 North Derby Avenue include a multifamily property at 129 North Oxford Avenue, a house property at 6223 Winchester Avenue, 312 North Oxford Avenue.

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