1919 – Atlantic City, NJ

Added to OHD on 7/17/14   -   Last OHD Update: 4/12/20   -   34 Comments
SOLD / Archived Post
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101 S Montgomery Ave, Atlantic City, NJ 08401

Map: Street

  • $489,000
  • 5.5 Bath
  • 4419 Sq Ft
Calling all builders!! This large family home was once a masterpiece, but is now being sold as-is to be completely transformed or to be torn down. Large lot of 75x85 and so close to the beach located on the corner of Atlantic Avenue and Montgomery Avenue, only 3 blocks from Ventnor. Fantastic location to build your dream home and enjoy Atlantic City's beautiful, clean and free beach!
Contact Information
Elise Waldman, Marketplace Realty
609-823-8500

State: | Region: | Misc:

34 Comments on 1919 – Atlantic City, NJ

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  1. Lisa says: 2 comments

    Who in their right mind would tear down this gorgeous home?? Wow… just gorgeous!

  2. BethanyBethany says: 3512 comments
    OHD Supporter

    1983 White elephant
    Escondido, CA

    Torn down?! Aaaaaaaaggggghhhh! Please someone rescue this gorgeous house!

  3. says: 34 comments

    “Was once” a masterpiece?! It still is!!! The thought of that house being torn down makes me feel sick to my stomach ๐Ÿ™

  4. Sabrina Free says: 3 comments

    The same sort of people who put that high rise in the back yard, that’s who. What a complete shame. Greed will likely win over history.

    • Ross says: 2458 comments

      The condo tower is on the next block. This house is adjacent to other very large houses.

      None of the houses have any yard to speak of, and it appears that all were built as such. I assume that one would use the beach (at the end of the short block) as your yard. A highly expansive yard with a view.

      • Sabrina Free says: 3 comments

        Oh, I understand that Ross, mine was a somewhat lazy comment. I just made an assumption (yes, I know what they say about assumptions) with the way it is worded, what the realtor is going for. Hopefully, somebody will appreciate it for what it is and it will live on.

  5. Ross says: 2458 comments

    In the normal course of a day, I am not usually possessed with thoughts of tar & feathering, but in reading the listing description I did, indeed, become possessed with getting ahold of the realtorโ€ฆ.

    This is one of the most beautiful homes I have even seen on OHD.

    That staircase? Wow! Wow!!!!!!

    The three-story open stairwell? Wow! Wow!!!!!!

    The basement bar? Wow! Wow!!!!!!

    That the bedrooms all have French doors opening onto Juliet balconies? Wow! Wow!!!!!!

    That house is one block โ€” one block! โ€” from the ocean? Wow! Wow!!!!!! WOW!

    I love how untouched the house is. It appears to have been lived in by a family for a very long time.

    The good news is that the house is priced quite well, actually. I just assumed the price was jacked up for the lot value, but the adjacent houses are all worth at least $200K more than this house. Just a few doors down one house is valued at $1.8M. So, one could easily invest, say, $200K into the house and likely still get a return.

    Atlantic City is but two hours drive to NYC. If I lived in the city, I would not hesitate to buy this house as a weekend place. The price is what a studio apartment costs in the city (yes, that is true!). New Yorkers drive the same distance to the Hamptons, where such a house would cost many many many millions.

    I love this house. I love this house. I love this house.

  6. Camp Runamuk says: 2 comments

    Would make somebody a fortune as a “Boutique” hotel

  7. Paul W says: 467 comments

    I would have to ask the obvious question. Just WHERE is the local or state preservation groups? I cant imagine this not being individually landmarked.

  8. Laurie says: 1736 comments

    Ross, I couldn’t get your link to load, probably my crummy internet connection. But I’ll add my disgust that anyone would even THINK of tearing this beautiful place down. My gosh, the proportions are gorgeous, the staircase, the French doors, the lovely mantels…on & on. And judging from the family photos everywhere, it has been much loved & much lived in. Where are the preservationists????

  9. Marc says: 2 comments

    Does anyone know what the box thing is over the door in the wood paneled room?

  10. Daidra says: 5 comments

    Atlantic City is a funny town.

    Full of casinos, down trodden, crime (murders etc).

    The town is GORGEOUS!! I love driving through it . Filled to the brim with so e of the most gorgeous architecture.

    This house? There’s tons like it. Many winterized and never reopened many of them oceanfront .

    People seem to want to live in a high rise with an ocean view near the casinos. They go for tons of money.

    These not so much.

  11. RosewaterRosewater says: 6647 comments
    OHD Supporter

    1875 Italianate cottage
    Noblesville, IN

    Love the “Nucky Thompson” room in the basement…

  12. Robt. W.Robt. W. says: 359 comments

    A very fine and interesting house. Had someone forced me to guess the location, it would have been a lot of guesses indeed before hitting upon Atlantic City.

  13. Jim says: 5149 comments

    It’s all about money, but I think this one’s safe for now. Even the realtor is hedging – “to be completely transformed or to be torn down”. It takes a $2MM+ house to justify buying the land for this price and there’s just no market at that level for SF homes in AC. (Ventnor is a different story.) The bigger threat here is a flipper who thinks he can put $150K into a cheap makeover and sell it for over a million to a Russian gambler.

    Marc, it looks like an old speaker, maybe a 60’s JBL.

  14. Jim says: 5149 comments

    If you like your beach architecture a little more moderne:
    http://www.zillow.com/homedetails/111-Ridgeway-Ave-Atlantic-City-NJ-08401/52661961_zpid/

  15. Timothy says: 141 comments

    Who could possibly consider tearing down this beautiful home? We are again seeing the mentality, build something new, tear down the old. This is a wonderful example of why Kelly is to be applauded. Without her we would in all probability NEVER be able to see some of these homes. Please, please, don’t tear this place down and don’t try to flip it “on the cheap”.

  16. Tracy Miller says: 2 comments

    This house reminds me of my daughters favorite book as a child, MADELINE…….”in an old house in Paris, all covered with vines,” This is the 2nd one today in NJ that is being sold “as is” and recommended “tear down”! Are they crazy up there?

  17. John Shiflet says: 5454 comments

    As noted, I think the realtor is hedging his bets with this offering. Recent news from Atlantic City is worrisome; the prosperous Gambling era is apparently over or at least in decline with one casino failing financially and Trump’s property being sold as I recall. Newer Casinos have been constructed in adjacent areas siphoning off the finite pool of Atlantic City gamblers. Moreover, the bulk of gamblers are middle class and senior citizens which have yet to recover from the lingering effects of the Great Recession. The indicators are that to survive Atlantic City will have to diversify as Las Vegas has in recent years. Decades ago, Atlantic City had some great 19th century architecture both in its beach-front attractions as well as many blocks of fine residential architecture. Urban renewal arrived and many blocks were clear-cut of historic buildings/homes and this legacy of wholesale teardowns remains part of the real estate market mentality there. Yes, its crazy, but over time the concept of constantly tearing down the old for new becomes ingrained and accepted. Perhaps with the slackening demand in the gaming sector this grand house might be spared and restored-they sure don’t build them like this anymore.

  18. Sarah says: 31 comments

    Another fantastic house that SO much could be done with. I wonder what the kitchen & baths look like since the rest is a time capsule.

    On another note… Anyone else creeped out by the lady peering through the staircase railing in picture #9???

  19. Daidra says: 5 comments

    Lolololol

  20. Colleen says: 1 comments

    What is going on in Atlantic City right now is an absolute travesty. Multiple casinos closing, the city dealing with decades of mismanagement. My Uncle has a house there (NOT as nice as this one) and just received notice from the city that his taxes are going to at least DOUBLE. I looked up this house – their taxes are right now over $18K. So by the time you account for taxes, and your flood insurance of over $50k, THAT is why all these single family homes are in such danger.

    • T F Dowling says: 2 comments

      You’re right, Colleen.

      As I pointed out earlier on a lot of upper Midwest houses, the price on a lot these old houses is great.
      What’s not great is the spiraling upsurge in property taxes in a lot of these liberal hometowns. Who, in their right mind, wants to sink considerable renovation costs into these houses (many in sketchy neighborhoods) only to then watch your property tax bill eat big holes in your monthly budget?

    • Right, 2014 taxes were listed as $21,846 – that is setting aside over $1800+ a month just for Uncle Sam and the flood insurance is an additional $4200 a month = $6000. It is sad that the people who would love to move into these homes and treat them with loving care most likely cannot afford to do so. I am in Florida and my friend bought a house on the intercoastal in the 70’s and paid it off immediately. Now 70, he has to sell because his retirement is not enough to cover the $18,000 a year tax bill – in a home he paid $32,000 CASH for over 30 years ago. It makes me wonder how any of us will be able to afford to live…

  21. Kerrie says: 10 comments

    Why in the heck would ANYONE in their senses want to tear down this gorgeous home? I guess the taxes could be a major drawback but, it would be just a shame to lose a home that is so lovely and has obviously been cherished over the years by the families who have resided there.

  22. RossRoss says: 2458 comments
    OHD Supporter

    1894 QueenAnneFreeClassic
    Emporia, KS

    I just received a note from the grandson of the long-term owner. He states that the house just sold, and that the new owners intend a restoration.

    If this proves correct, well, WHOEE!!!!!!!!

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