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Atlantic City, NJ - Gorgeous Beachfront Condo w/ Oceanview Unit on the Boardwalk

Seller Name: simagic
Rating: Not yet rated
Location: 1515 Boardwalk
Atlantic City, NJ 08401
United States
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Asset was sold for $44,000

Asset Information

Item Specifics - Residential Properties
Residential Properties
Address 1515 Boardwalk, Unit 808
Atlantic City, NJ 08401
United States
HOA Fee $442.00 monthly
Annual Taxes $3419.00
Property Condition Excellent
Water Public Water
Sewer Public Sewer
Appliances Stove, Microwave, Refridgerator
Heating System Electric Heating in Unit
Cooling System Central Air Conditioning
Parking Includes Parking Pass
Occupancy Vacant
Additional Terms of Service

All property is sold as is, where is, with no warranties expressed or implied. It is the duty of prospective buyers to research properties to their satisfaction prior to bidding, and a bid shall constitute a binding contract, in which the buyer is agreeing to abide by the Terms of the Auction.

Inspection Details

Interested parties may inspect the property prior to bidding. Contact us through the "ask seller a question" link to arrange for inspection. Inspections must occur PRIOR TO BIDDING, there will be no inspections after the auction closes.

Settlement Requirements

The buyer is required to send a $2,000 non-refundable deposit within 3 calendar days of the auction's close. Settlement must be completed within 14 calendar days of the auction's close. The winning bidder is responsible for all closing costs. Buyer may select a title company/settlement agent of their choice.

Buyer Premium Information

This auction requires that the winning bidder pay a Buyer's Premium of 10.00% of the winning bid amount. (The Buyer's Premium covers the costs associated with the auction).

This amount will be added to the winning bid and will be included in the total purchase price paid by the Buyer to the Seller.

Payment Type
  • Certified/Cashier's Check
PLEASE READ CAREFULLY- Bid4Assets Real Estate Buyer Responsibilities

Some sellers buy large "pools" of under-valued properties from banks. The seller may not inspect every property prior to sale. The seller represents these properties to the best of their knowledge. In some rare cases, property may have severe damage or be subject to county/city orders not described in the auction. It is highly recommended that interested bidders arrange for an external inspection personally or through a designate and that they contact the county or city in which the property is located to confirm the status of the property.

Bid4Assets reminds all potential real estate bidders that it is your responsibility to complete all due diligence needed to determine the condition, market value, or investment value of this asset prior to placing a bid. Necessary due diligence items may include, but are not limited to,

  • A satisfactory inspection of the property
  • Completion of a title search
  • Investigating back property taxes and
  • Other - liens and encumbrances such as unpaid utility bills.

By placing a bid, you acknowledge that any statements made by the seller about the condition or market value of the property are subjective, and do not release you from your responsibility to perform due diligence. Please contact Bid4Assets if you believe that a seller is intentionally misrepresenting a property in their auction.