Aerial view of 2427 Formica's Way. Imagery: NJ Office of GIS (2020), public domain.
$145,000
Total assessed value
$5,122
Annual property tax (2025)
~$227,435
Est. market value
Estimated market value: ~$227,435. This home is assessed at
$145,000, and homes in Atlantic City are
assessed at about 64%
of market value on average (NJ Division of Taxation, 2025) —
so the estimated market value is roughly ~$227,435.
What's this home worth today?
Our estimate above (~$227,435) uses Atlantic City's
average assessment-to-market ratio. For a home-specific estimate that factors in
2427 Formica's Way's condition, upgrades, and recent nearby
sales, get a free current market valuation.
2427 FORMICA'S WAY is a Residential (4 Families or less) property with 1276 sq/ft of space.
Taxes are $5,122 annually.
This property was built in 2008 and is owned by CHRISTENSEN, OLIVIA & MARCHESANI L who lives at 2427 FORMICAS WAY.
This property was last sold on 2016-05-24 for $150,000.
This property is valued at $117 per sq/ft based on sales price.
This property is valued at $113 per sq/ft based on total assessment.
This property is zoned NC-1,
The building description is CONDO and land description is 1276 SQ FT.
Block
Lot
Qual
339
38
CC102
Owner
Owner Address
Owner City/State/Zip
CHRISTENSEN, OLIVIA & MARCHESANI L
2427 FORMICAS WAY
ATLANTIC CITY, NJ 08401
Property Class
Square Ft
Year Built
2 - Residential (4 Families or less)
1276
2008
Last Sold 2427 FORMICA'S WAY, ATLANTIC CITY, NJ
Year Sold
Sales Price
2016-05-24
$150,000
Assessments 2427 FORMICA'S WAY, ATLANTIC CITY, NJ
16
17
18
19
Total assessed value by year
Land
Building
Year
Owner
Land Assessment
Building Assessment
Total Assessment
Exemption
Assessed
2019
CHRISTENSEN, OLIVIA & MARCHESANI L
$72,500
$72,500
$145,000
$0
$145,000
2018
CHRISTENSEN, OLIVIA & MARCHESANI L
$72,500
$72,500
$145,000
$0
$145,000
2017
CHRISTENSEN, OLIVIA & MARCHESANI L
$72,500
$72,500
$145,000
$0
$145,000
2016
ESTATES OF AC LLC
$72,500
$72,500
$145,000
$0
$145,000
Properties Near 2427 FORMICA'S WAY, ATLANTIC CITY, NJ
The property-related information for
2427 FORMICA'S WAY, ATLANTIC CITY, NJ
displayed on this page is obtained from public records from ATLANTIC CITY, NJ and
other sources. While such information is thought to be reliable, it is not guaranteed and should be
independently verified. njtaxrecords.net makes no warranties or representations whatsoever
regarding the quality, content, completeness, accuracy or adequacy of such information and data.
We last updated our database for 2427 FORMICA'S WAY, ATLANTIC CITY, NJ from public sources on 2020-03-19 06:05:16 UTC.