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1

500 BOARDWALK

ATLANTIC CITY, NJ 08401
Other exempt
Overview
Owner(s)
ACOWRE LLC
Mailing Address
500 BOARDWALK
City State Zip
ATLANTIC CITY, NJ 08401
Sale Price
$82,673,245
Sale Date
01/04/2018
Book / Page
14368 / 02718
Owner for
4 years
Absentee
No
Corporate Owned
Yes
Public Records
Location
County
Atlantic
Municipality
Atlantic City
Block
62
Lot
1
Qual
---
Deed Information
Deed Date
01/04/2018
Deed Price
$82,673,245
Deed B/P
14368 / 02718
Assessor Code
30
Lender
32767
Assessment
Year
2021
Land
$17,645,100
Building
$99,354,900
Total
$117,000,000
Exempt
---
Taxes
Taxes 1 / Taxes 2
$0.00 / $0.00
Tax Code
---
Rate (2021)
3.901
Ratio (2021)
90.96
Calc Tax (2021)
$0.00
Lot
Lot Acres
14.73
Lot Sq. Ft.
641,638.8
Land Use
Other exempt
Land Desc
14.73 ACRES
Zoning
Building
Class 4 Code
100
Building Class
---
Building Desc
OCEAN CASINO/HO
Building Sq. Ft.
0
Year Built
---
Exempt Property
Owner
24
Use
13
Description
48
Statute
52:27B
Facility Name
IN-LIE
Additional Info
Block / Lot / Qual
62 / 1 / ---
Block/Lot/Qual
62 / 1 / ---
Prior B/L/Q
--- / --- / ---
Additional Lots
---
Tax Map
013
APN
0102_62_1
Property Stats
# of Owners
# of Levels
# of Bedrooms
# of Bathrooms
# of Dwellings / Units
Parcel Geometry
Acres
2.28
Sq Ft
99,216.25
Perimeter
1,260.17
Lat
-74.41662607602633
Lng
39.36280602536933
Census Data
State
34
County
001
Tract
002400
Block
2001
Full Code
340010024002001
Municipal Info
Clerk Email
Clerk Phone
Clerk Fax
Municipal Website
Codebook / Ordinances
Utilities available
Electric
Atlantic City Electric
Natural Gas
South Jersey Gas Co.
Water
Atlantic City MUA
Sewer Service
ACUA City Island Plant
Nearby Properties
--- / Sq. Ft.
$61.62 / Sq. Ft.
$63.83 / Sq. Ft.
Broadband Coverage
ViaSat
35 MB/s / 3 MB/s
HNS License Sub
25 MB/s / 3 MB/s
Verizon
10 MB/s / 1 MB/s
VSAT Systems
2 MB/s / 1.3 MB/s
Monmouth T&T
0 MB/s / 0 MB/s
Additional Data
Building
Stories
Foundation
Roof Type
Roof Material
Built / Eff Year
Finishes
Exterior Finish
Interior Finish
Floor Finish
Basement Sq. Ft (Finished)
Floor Area
First Floor
Upper Stories
Half Stories
Sq. Ft Living
Basement Area
Features
Beds / Baths / Total
Heat Type / System
Cooling System
Garage
Condition
Property Hazards
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Flood ZoneFlood RiskPanel #Community #Effective dateParcel CoverageSFHA
This parcel does not appear to have any relations with FEMA Flood
This parcel does not appear to have any relations with FEMA Flood
FEMA Flood Map ServiceFlood Zone Definitions
Property History
DatePriceChange ($)Change (%)$ / Sq.Ft.BuyerSellerBook / PageDetails
01/04/2018$82,673,200$41,905,700103%---ACOWRE LLCPOLO NORTH COUNTRY CLUB INC14368 / 02718View
04/07/2015$40,767,500$12,848,80046%---POLO NORTH COUNTRY CLUB, INCREVEL ATLANTIC CITY, LLC13882 / 19607View
05/17/2011$1---------REVEL ATLANTIC CITY LLCREVEL ATLANTIC CITY LLC13295 / 31108View
06/11/2007$27,918,700-$21,191,200-43%---REVEL ATLANTIC CITY LLCVENTURA AC LLC12655 / 66126View
05/30/2007$49,109,900$34,609,900239%---REVEL ATLANTIC CITY LLCVENTURA AC LLC12652 / 64772View
04/27/2004$14,500,000---------NORTH BEACH HOLDINGS, LLCMGM GRAND ATLANTIC CITY, INC.07729 / 43749View
Date01/04/2018
Price$82,673,200
Change ($)$41,905,700
Change (%)103%
$ / Sq.Ft.---
BuyerACOWRE LLC
SellerPOLO NORTH COUNTRY CLUB INC
Book / Page14368 / 02718
DetailsView
Date04/07/2015
Price$40,767,500
Change ($)$12,848,800
Change (%)46%
$ / Sq.Ft.---
BuyerPOLO NORTH COUNTRY CLUB, INC
SellerREVEL ATLANTIC CITY, LLC
Book / Page13882 / 19607
DetailsView
Date05/17/2011
Price$1
Change ($)---
Change (%)---
$ / Sq.Ft.---
BuyerREVEL ATLANTIC CITY LLC
SellerREVEL ATLANTIC CITY LLC
Book / Page13295 / 31108
DetailsView
Date06/11/2007
Price$27,918,700
Change ($)-$21,191,200
Change (%)-43%
$ / Sq.Ft.---
BuyerREVEL ATLANTIC CITY LLC
SellerVENTURA AC LLC
Book / Page12655 / 66126
DetailsView
Date05/30/2007
Price$49,109,900
Change ($)$34,609,900
Change (%)239%
$ / Sq.Ft.---
BuyerREVEL ATLANTIC CITY LLC
SellerVENTURA AC LLC
Book / Page12652 / 64772
DetailsView
Date04/27/2004
Price$14,500,000
Change ($)---
Change (%)---
$ / Sq.Ft.---
BuyerNORTH BEACH HOLDINGS, LLC
SellerMGM GRAND ATLANTIC CITY, INC.
Book / Page07729 / 43749
DetailsView
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Property Description
500 BOARDWALK, ATLANTIC CITY, NJ 08401 is a 0 sqft home sold on 01/04/2018 for $82,673,245 and is owned by ACOWRE LLC
The annual taxes is $0.00. The total assessment value of the property is $117,000,000.
The land was assessed at $17,645,100 and the improvements to the property were assessed at $99,354,900
The Deed for 500 BOARDWALK is filed with the County Clerk in Book 14368 on Page 02718
The lot is 14.73 AC. has property class of Other exempt, and is located in Zone RVRA
The building was constructed in 0, with building description of OCEAN CASINO/HO, and a building class of ---
The parcel is located on block 62 with a lot number of 1. The Assessor Parcel Number (APN) is 0102_62_1
Disclaimer
The property information displayed here is obtained from various public records.NJPropertyRecords, LLC makes no guarantees on the validity of the data presented. Although deemed reliable, information may not be accurate. Information should be independently confirmed and you use the information displayed here at your own risk.