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AREA DESCRIPTION
Security Map of
Metro!)ol).tan AU.antic City, N.J.
a. lncreasing__ __S_l_o_wl...:y::...__ _ _ DecTea.sinO,l(,g_________ St£Uic. _ __
1. POPULATION:
b. Class and Occupation. White-collar, busine~s, professional & some wealthy summer
·
residents . . Income range of all-year-round residen.ts, $3'"00(P75'00
c. Foreign Families ... _.Q___~ Nationalities.---·---·------·--·----·---···-·--·--·-·-··--· d. Negro,__..E.....___%,
__________
None
e. Shifting or Infiltration
,_;...._
a. Type and Size
PREDOMINATING
100 %
1-family, 6-8 rooms
to large ~._s_i_o_n_s_ __
b. Construction
~~e &
2. BUILDINGS:
c.
OTHER TYPE
briek
Good ......________ __ · - - -
--···---····-····-----··------··---
Occupancy
f. .Owner-occupied
89% ·-·--··--------·---·--···------··---
g.
1935 Price Bradcet
$ 8000-30 , 000
%change
$_____,_ _ __
h.
1937 Price Bracket
~..9000-30 100Q..........
....f J> . %
L ______
i.
Ji@________Price Bracket
$ 6000-25, 000_______ _-21 __ %
j.
Sales Demand
F~ir up __to. $17·, 500______
k.
Predicted Price Trend
(next 6-12 months)
1935 Rent Bracket
l.
____
12 years
Average Age
d. RepaiT
e.
................., .. ___,
,,_
m. 1937 Rent Bracket
n.
1940
o.
Rental Demand
Rent Bracket
Static
$
----···---·----··----·-----
$_~_-:-10_0_ __
%change
$ 50-100_____ ....... 0 ....%
$50-100
0
'lo·
$
"------·-·-·-··---·$.._ _
$ __________,_ _ __
.~2.9,___~9 $85 - very few above
p. Predicted Rent Trend
-=Sc...:.t=at=i:;.;:c::.-.._ _ _ _ _ __
(next 6-12 months)
0ne-famil;y detached
3. NEW CONSTRUCTION (past :yr.) No........?.~....._T,Pe & Price~5500-18.0QO How Selling On oirder
HOLC Loans: 17@ $4870 - 59% in default
1@ $6554 in foreclosure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC.JL@ ...$.!il.48__ b. Institution.s,_ _
J. 5_ __
5. SALE OF HOME PROPERTIES (.....~:yr.)
a.
HOLC..A.JL.$7.l.....
35......__ b. lnstitutioru,_ _3_.6_ __
6. MORTGAGE FUNDS:2~~_!lt~Y.__.............. 7P- TOTAL TAX RATE PER $1000 (19~Q) $ 104•.83
b. Effoctive rate based on 25 sales $28.30
8. DESCRIPTION AND CHARACI'ERISTICS OF AREA:
Area is from 2~to 50% improved. Restricted by d.oed to one-family dwellings with
no price on minimum. All city facilities. This area is tho most desirable in
the Atlantic City district a.nd ranks as the most popular with those who can afford
it. The boach front; the side streets between the bea.ch front and Pacific Ave.;
and Ventnor Parkway contain many fine and modern homes whose 6riginal cost ran
to $100,000 e.nd more. Present day pricos obtainable do not exceed about $25,000
al though "fair values" would run far ovor this figure. The lower pirice range at $6000 up - applies to sales of smallor, but attractive homes, which. are for
the most pe.rt farthor from tho beach.
9. LOCATION.....~~J~ate Gardens·-·--.. SECURITY GRADE..-~.~-~----· AREA NOJ:.:L
Margv,te City
DAru/..1L.1Q
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AREA DESCRIP"OON
Security Map of....¥~.~;.:21?.Q.!~-t~.. ~!~tic City., N.J.
1. POPULATION:
a. Increasing__________ Decreasing_ __
b. Class and Occupation
c. Foreign Families
White-~ollar, busines.~_,_._profossional - incomes© $4000-10,000
O % NaaonaUiw
Minor p_~!.ccnt~e Jewish
·-·--·-·
d. Negro._.......Q__%._
e. Shifting or ln/iltration _ _ _ _ _ _ _ _N_o_n._e_ _ _ _ _ ---·--······--·--··-·-··
PREDOMINATING ·100 'I,
OTHER TYPE
1-f~ily - substantial
to large size one-family detnch__
o=d_ _ _ _ _ _ _ __
2. BUILDINGS:
b. ConstTUaion
c:.
Average Age
Frame - brick
-··-········-······· · · - - - - - - -
15:-1.'Z.....Y.. .;:e=ar;;:;. ; . .s______
...<Jgo-=d"--------
e.
-····-·-·--··--··--···-·-----
98"1
Occupancy
---·l.l.
---····-····--··-··-·······----
$
f. Owner-occupied
g.
1935 Price Bracket
$..7.60.Q:=.4.0.J).QQ____. %change
h.
1937 Price Bracket
!7.5.QQ:-::f.lO...0.QQ__
····-0-· %
$
i.
i9@_··--·····-·Price Bracket
$?500-2JhQQ.Q._.._..__
.. -32 %
$
j.
Sales Demand
)'air. UJ> to $12,9.00"---
k.
Predicted Price Trend
L
(next 6-12 montJ..s}
1935 Rent Bracket
$ None
m.
1937 Rent Bracket
$.None_ _
1940
$ ?5-126 (a few as high%
n.
o.
. Rent Bracket
Rental Demand
~han~~
·----
~
%
Ste..tic
• - ••-•••• ..••---••-•-•-• ....•·••••n••..••..• .. - - - • • - - • -
%change
$ -···-··-----
..
asT2so>
$ -·-······--···-·-·····--·---··-·
..Good. up to $100
p. Predicted Rent Trend
_s_t_at_i_c_ _ _ _ _ _ _ __
(next 6-12 months)
Singles
3. NEW CONSTRUCTION (past ,r.) No. 2
T-ype & Price @ $6500
How Selling .On o~~.x__-
HOLC Loans: 28@ $4142 - 18% in default - 0 in fqreclosure
a. HOLC 7 @ ~ll, 739 _ b. lnstitutions_.......,.O_ _
4. OVERHANG OF HOME PROPERTIES:
5. SALE OF HOME PROPERTIES (...9-...,r.)
6. MORTGAGE FUNDS:-1:lentL....___.. 7a TOTAL TAX RATE PER $1000 (1940._) $.67 . 60
b. Effectivo rate based on 30 sales $41.24
8. DESCRIPTION AND CHARACTERISI'lCS OF AREA:
Restriftod by deed to one family residence. All facilities. Lmid 90% developed.
This a.roe. is still highly desirable in the upper brackets and contains many
houses of the finest type whose original cost was fer above the $26,000 listed
above as boing top price of pres ant day sales. Where formerly it was far from
unusual to spend $100 ,000 for a house there a.re now no buyers or builders o.t
any such levels. Houses of this calibre will not bring over 2f4, to 35~
(maximum) of former values and oven those in the lower brackets will not bring
today more than approximately 50% of 1929 prices. In spite of this gree.t drop
· in values the rating must be very good on the basis of curr9nt prices and rents.
Along tho bank of the "Inside ThorouMhfare 11 are o. few 11 boatpouses 11 which sell
for from $3500 to $4000.
Low
9. . LOCATION_._9.i ty of Ventn~!:___.. SECURITY GRADE.....!~.~..... AREA NO... A,._L
11 st. Leonard's Tract"
DAruJ..!L19
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AREA DESCRIPTION
Security Map of Metropolitan Atlantic City, N.J.
1. POPULATION:
a. Iru.wasing __~!.0 W!L_, ____··-· Decreasino.-:.g--·------- Static_. _____
b. Class and Occupation_\V!li te~collar., business., professional - Average income varies
widely
c. Foreign Families
O
% Nationali~ --·--···-····-···--·--·------·····--······················ d. Negro ....,_O..._...tfo
e. Shifting or Infiltration---·-
.. }_~ %
1-famiby
moderate to substantial
PREDOMINATING
2. BUILDINGS:
a. T,pe and Size
-·~rame - few briek & stucco
b. Construction
c.
15-25
Average Age
Occupancy
OTHER TYPE
-._--
-··--·····..·······-·-·-·······-......
y:ears
... Good. _ __
d. &pair
e.
········--········ · - - - -
---·······--····--··-···--···----
-~1'----·----.. es% -··-··--····-···-·-·········-····--··--··-
f. Owner-occupied
_ %change
g.
1935 Price Bracl<et
$.5000-12, 000
h.
1937 Price Bracket
!§9.QQ::!.?..,.QQQ..--·-·
.......... 0
i.
.l9.:4Q.._...-.........Price Bracket
~-9000::;!._Q.J..Q.9.Q....-...
....-12. %
j.
Sales Demand
..Fair. up to ... $7 ,500·--··-·--
k.
Predict.ed Price Trend
$_ _._, _ _ _ __
%
$
Static
(next 6-12 months)
L
1935 Rent Bracket
t~.?. -
m. 1937 Ren.t Bracket
70
$ ··········-··············--·-···-·········
n.
.l9.9.Q_ _ Rent Bracket
$ 35 - 70. __11_ _
o.
Rent.al Demand
....Good up to $50
II
.............
$ ·····-·-··········-·-···-·····-··-··-
%
%
·----··-··-·····-······-····-----
p. Predicted Rent Trend
··-~Uc
-·-·-·(next 6-12 months)
1-family, 5-6 rms.
3. NEW CONSTRUCTION (past yr.) No........?.......-T:n,e & Price $5000-12,00QHow Selling
Slowly
HOLC Loans: 0
4. OVERHANG OF HOME PROPERTIES:
a. HOLC~.·-·
5. SALE OF HOME PROPERTIES (..9-....~.)
a. HOLC·--··--···9.····--··----·- b. Institutions. 5,,._______
6. MORTGAGE FUNDS:
F~_9.!?:!.~.!.f_...
• . .. .. : :.
0
b. Institutions.JP_·-. ,: .
7a TOTAL TAX RATE PER $1000 (ts-@_)$ 96.95
b. Effective tax rates based on 2 sales $62 .05
8. DESCRIPTION AND CHARACTERISTICS OF AREA:
This is the newer and more desirable portion of Long])ort and is ol'll.y a~out
3~3~ improved and growing slowly in favor mainly for summer residence only.
There are :not many rente.l uni ts for any purpose, but among them is a small
number for the summer only which bring from $400 to $1200 for the season. Along
Sunset .Ave. nro some elaborate 11 boat houses" owned by weal thy people. .Al though
having a naturally attractive loce,tion between the ocean and the inlot, which
makos it desirable as a summer place, it is somewhat too far (approximately 5
miles) from the business district of illantic City and too limited as to shopping
and nmu.scments to attract the yenr-round residents whose livelihoo(j. is in
Atlantic City.
9. LOCATION_..!l.9.!::.<?_~h of L<?.!.lfil?.21-.~ SECURITY GRADE.....~g····· AREA NO....k.J__ DAT£j,./JJ..'JP
-
AREA DESCRIPI10N
Security Map of Mptro}?9li tan Atlantic City , N.J .
1. POPULATION:
a. Increasing __. Fair ly fast
Decreasin._ _ _ _ _ _ _ _ _ Static·-·····-·-
White-collar, business, professional , cl0:vical - ost . income
$1500- 6000c. Foreign Families_.Q..._~ Nationaliti~-··--··-······-····-····-····-··---·-·······---·······--·-··-•·· d. Negro_.....o ...-.%
b. Class and Occi,pation
e. Shifting cw Infiltration_.AJ.:§.'<'.{...iT0yl'ish fQ.ntj.lies moving ?:.R..f r om f~:1!~~!'-..~~~~.!-····-·-··--·- -
PREDOMINATING
100 '%
1-fomily, 5-6 rooms
some l argo:r;-_···-·---
2. BUILDINGS:
a.
Type and Size
b. Construction
F..r runo - some br"l,ck_ _ _
c. Average Age
- - -·
d. Repair
Good
e.
OTHER TYPE
12- 14 years
---------·-·-·-··-·······•····-····-··-···--·---
.95%_. _ _ _ _ __
Occupancy
---····--·-·-····· ···--··-··---
so%
f. Owner-occupied
-····-·· ·---·--···--·--
g.
1935 Price Bracket
--·-···-·-··-·--$ 3500- 18 , 000
h.
1937 Price Bracket
$.3500-18 ,ooo····-···
......_o
i.
.l~-®-···-·-····-Price Bracket
$ 3500- 15,000..._._
.-14 ... %
j.
Sales Demand
._.Fp,ir. U:P to... $8500
k.
. Stati_c_ _
l.
Predicted Price Trend
(next 6--12 months)
1935 Rent Bracket
$
m.
1937 Rent Bracket
$ 30.. - -l~O_Q_ __
n.
-~~:ID --···-Rent Bracket
$;50 -100. _ __
$····-·····················--······-········
o.
Rental Demand
.... Good ..u.:e to. $~6_0_ _ __
---··----·-·
30 - 100
%change
$___· · - -
L_.._. ____
%
···-·--·
$
--·--··--------,O-•·-···--··········-·····-·-···-····---
-·-· %change
p. Predicted Rent Trend
Sta=.t.;..;i;;..;:c;._ _______
(next 6,-12 months)
1-fa.mily d.otached
Lowe;r priced
3. NEW CONSTRUCI1ON (past yr.) No.._.~···-·-T'Ype & Price $5 200-l2,GO~_.How Selling ha.va sold well
HOLC Loans: 45
@
$5560 - 31% in default; 0 in foreclos'Ul'e
Others not•::well
4. OVERHANG OF HOME PROPERTIES:
a. HOLC-.l tt._@....$B.2!¼3.__ b. lnstitmions__.3.....
7 _ __
5. SALE OF HOME PROPERTIES (_....~yr.)
a. HOLC.....1,!!__$.68§1.._ b. Institutions....._.. _91_ _
6. MORTGAGE FUNDS: Ample
·-····-···· 7a TOTAL TAX RATE PER $1000 (1~.0_) $104. 83
b. Effective r ate based on 25 sales $28 . 30.
8. DESCRIPTION AND CHARACTERISTICS OF AREA.
All city facilities - restricted - fairly convenient to Atlantic City; no
business except a few local shops. Land is approximately 5o,1& improved. 'T'nis is
a good section of the most popular portion of Metropolitan Atle.ntie City for
bettor class inhe.bitants . As is tho case throughout houses and valµes are
consid0rably higher on or close to the boardwalk and diminish as the distance
from tho ocean increases. Most of the higher priced, whether owned by loccl.
or summer residents are very attractive although all typos ar o worth tar loss
today thnn in boom times. Smal l homes which wore sold in the lat~ 1920 1 s for
from $6500 to $8000 will not bring over 5o,1& of theso prices today and higher
priced ones not more then 35% to 4~. Marven Gardens - a develop:.ien.t of the
1920 1 s - in the northeast corner of this area is attr active in appearance although
the housos are too cl ose t ogether . I t is likewise r eported that improper
foundations wer e used (filled ground) and the gonor al appearance suggestQd that
constructi0n other wise was none too good. Those houses ar e practically 'Vlsa.leable
today even nt greatly reduced pr icos . As a general sumnary, i t mt);y be said that
the present price range of those houses lying nor th of Ventnor Ave. is fro~ $3500
to $5000~ and of those from Ventnor £Ve. to the beach $8000 to $10,000.
9. LOCATION_. __.Ms.lrgate City
-·-· SECURITY GRADJL....?.ml. AREA NOJ=.L DATEJ/J,.L49
AREA DESCRIP110N
•
Security Map of.J.i.e.t.r.o.p_o.l.i.t.~Atl.a.ntic Cit¥, N.J.
a. Increasing,_ _ _ _ _ _ _ _ Decreasin,ic.----------- Static._.J_!)_s_
1. POPULATION:
b. Class and O r c u ~ ~ l l a r , business , professional , clerical ; est ima t.ed___
income $2500- 6000 (summer residents excepted)
Nationalitie.,_.J.t~.YW-..i.sllJ:tQ._.approxi~:!?~1.1_±.Q~. d. Negro........_....9...%..
Jewish
Infiltration - - - - - - - - - - - - - - - · · - -···--·...·..···-·····-···-·-----
c. Foreign Families_._.10 ~
e. Shi/ting
OT
2. BUILDINGS:
PREDOMINATING
_..2_Q_~
OTHER TYPE
1- family detached
a. T-:ype and Size
..~ ~ . f i l l · · - · · - · - - -
b. Construction
Fr8.i~e (75%); ·brick & stucco (25%)
c.
15- 20 r_c_ar_s_______
Ai1erage Age
d. Repair
Good·-----·----
Fr ame, brick, stueco
15- 18 ye~_s_ _ _ __
Gaod
· ········-·--···..········-···
·---
e. Occupanc,
f. Owne,--occupied
g.
1935 Price Bracket
$ 3500- 25 , 000
%change
$ 5000- ~o ,_o_o_o__
h.
1937 Price Bracket
$
3500-25,000
··-- o....fo
$ 5000-1:.Q.,1..0_0_0_
i.
1.949._...............Price Bracket
$.3500-20,0=0~0-
j.
Saks Demand
....Fair u.p t~-· $10 ,000
k.
r.
Predicted Price Trend
(next 6-12 months)
1935 Rent Bracket
$ 25- 70*
m.
1937 Rent B-rack.."t
n.
1940
o.
Rental Demand
Rent Bracket
.:.21.... %
Static
$ 4000- B, 00_9_._
.
- 20 1,
Poor up to $4500
Static
$ 25-SO per flat
%cthange
$25-70.,c_*_ _
$ 25- 60.. pei· flat
.......... e %
$ 25-70*
$ 2~60 .J>er _flat.
....Good ..UP... to $GO-··---
Good up to $45 per flat
p. Predicted Rent T,-end
ichange
Static
o%
Statie
Singles
2 T-:ype & Price @ $35oo
_How Selling _On_
- _o_rd_e_r_
HOLC Loans: 79@ $3887 - 29% in default; 4@ $3999 in f0reclosure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC~.?.! @ $9121
b. Institutions 75
----------
6-12 months)
3. NEW CONSTRUCTION (past ,r.) No.
( ne«t
5. SALE OF HOME PROPERTIES (...~.-~.)
6. MORTGAGE FUNDS:....F.P..i.r.J.9_gQ9.d, 7a TOTAL TAX RATE PER $1000 (1940_.) $.B-h7.__,•...,.60...___ _
b. Effective rate based on 30 S'a les $41.24
8. DESCRIPTION AND CHARACTERISTICS OF AREA:
All city facilities . Land is approximately 90% improved.
This is still a desirable neighborhood end for the most part restricted or
zoned against business. Local business is concentrated on Ventn0r Ave. fram
Portland to New F.avon. Like all of Absecon Island, values are mu.ch greater
and houses generally larger on or close to the ocean ~rent and lik~wise these
havo suffered the greatost dogree of depreciation in price - not because of age
or obsolescence, since they are both modern and attr active - but because of lack
of buyers in the $50,000~JOQQOOO class. While a good portion of these higher
priced homes belong to s~er residents, there are many whica are occupied ail
yee;r round by local residents in business or retired. Houses in the present day
$3500-5000 class are practicclly all found in the portion of tho area north of
Ventnor Ave. Between Ventnor And Atlantic , . the average is higher t .n.d 11 tops 11
generally is from Atlantic to the sea •.
1
*As high
as $100 on beach front.
9. LOCATION_._.~i ty of Ventnor
SECURl1Y GRADL~-~·-·· AREA NO
J3-3 DATE.1/JJjg
•
•
AREA DESCRIPTION
Security Map of Metr.QP.Q!i. tan Ata.antic Ci t;y_, N. J.
a. Increasing
1. POPULATION:
· - - -- - - - Decreasing______ _ _ __ Static Yes
summer
b. Class an.-! Occu.ootio·n whi ta-collar, mixed, estimated income $2000-6000 residents
a
_ ___
· Fimilies
O %
c. Fiomgn
e. Shifting
O'I'
excep'fe;rrNationaJities_.AJ?]!_~Q.:i!;i.~t.~J:x.._6(}p J evli sh_........................ d. Nef!:(o ....Q_._.._%._
Infiltration _ __ _ __,J....,..ew.i.~.atlon increasinE..............._._......- -- - -
85 %
PREDOMINATINO
2. BUILDINGS:
a. T-ype and Ske
b. Construction
OTHER ITPE
1-family
_yarious size~...- - -Frame (75%)
~i,.c.k..&....5.W-.Q.QQ.....lZJ2i1_.
... Frame ..- ...B,==-r=ic=k"---- - - -
2- famil.Y._______
c.
Average Age
20 ye~s
.... 20...Yoar__s_
d.
Repair
Gooc!!. - -- -·..·········..····- --·
....................
......Good
-........................- --
e.
Occupancy
9~t-•·--- - -
_ 95%_ ...........-.....................................- .
f.
Owner-occupied
.~Q%.. - -·-····........................._.._
~~·- - · - ·-·.......
g.
1935 Price Bracket
$.3000-35~i000
%change
$5000-7500
h.
1937 Price Bracket
~ ~9..QQ:::~5t~~0_Q.Q...._ .
.......0 .%
$5000-7500
i.
1940
$.3000-3t>.._000..._....... .- 13... %
$4500-7500
j.
Sales Demand
Fair ~p to $10,000
Slow up t 0 $6 , ~0@
k.
Predicted Price T,-end
(ne.xt 6-12 months)
1935 Rent Bracket
Static
Static
L
Price Bracket
m. 1937 Rent Bracl<et
Rent Bracket
n.
J.940
o.
Rental Demand
l.30 - 100
$ 30. - ...lOO=-' ---
_ __ __
·-..-
.......
_._
-·~-·~
%
-4
$ 30 .. - 55 per fil.at ',(change
%change
t~Q...:- 55
-
II
ti
..........
0%
_
o c;,
la.Q...::-...J......,0...,.0.......__ _
$30...- ...55._. 11,_. 11
_Good.. ~"P to$?5 ....-. · - -
Go0d u.;p t0 $~© ~~!:...~!'at
p. Premcted Rent Trend
_S tatic
(next 6-12 months)
3. NEW CONSTRUCTION (past ,r.) No........9.....- T~pe & Pme
-=S~ta=-t.;:.;i;;.:c:;___ __ _ ____
-
How Selling _ _ _ __
HOLC Loans: 19@ $4582 - (j/, in default; Qin f0reclosure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC.. 10 @ $10, 468 b. lnstiturions
31
5. SALE OF HOME PROPERTIES (...~L~.)
6. MORTGAGE FUNDS:-5lo.w
7a TOTAL TAX RATE PER $1000 (19:(Q._) $ 67,60
b. Effective rate based on 30 sales $41.24.
8. DESCRIPTION AND CHARACI'ERISTICS OF AREA:
All city facilities . Land is approximately 95'%, improved. There is a smaJ.1
amount of business in the western portion of this area. This ar ea ranks as ...
still desirnble and being adjacent to Atlantic City is vei'iy conveniently located
f r om all standpoints . However, in spite of the fact that properties from
Atlantic Ave. to the Boardwalk are r estricted by deed, there is a degree of
pressure from Atlantic City by somewhat less desirable factors. It should be
noted that there are a few apartment houses and 3- family structures in this
area. Another disadvantage to be noted is the fact that very few of the houses
have garages . As in the case of all sections which run. to the oceall front, the
explanntion of the wide r ange of prices shown under the 11Price Brao\tet 11 above
lies in the fact that values recede with distance from the Boardwalk. Having
been a highly regarded residential neighborhood for the past twenty years, it
follows the.t many of the houses on or near the beach front are of l arge and
expensive type.
9. WCATION
City of Ventnor
SECURITY GRADE....~~..... AREA NO~..:t- OAnill.t..f.~
-
AREA DESCRIPTION
Security Map of Metropolitan Atlantic City, N.J.
1. POPULATION:
a. Increasing_ _ _ _ _ _ _ _ Decreasin_ _ _ _ _ _ _ _ _ Static Yes
b. Class and 0CC1'pation White-collar, business, profession~ ,cle~ical L~stimate_~-income 1 800-~10,000
oreign
anu
s_
_
_
_
R · F. "lie O % Nationalities
C.
79% Jewi_~ f~ili~~---·-·····--·--·· d. Negro
O ~
e.
Shifting or Infiltration
Increase in Jewish fai:rl.l ies
-------------------··--····-·-···---·------
2. BUILDINGS:
a. T-,pe and Size
b. Construction
C.
85 'I,
1- family, small to
..:!.~.'I:¥ larg~---___,........,,.,
Brick & Stucco (25%)_])·ame (75%)
PREDOMINATING
2- family
Frame - Briek
····--···--······-···-------... 20, yenr,s ____________
25- 30 years
Average Age
10 %
OTiiER TYPE
d. Repair
_Good,.__ _ _ _ _ _ __
.- Good _____________________
e. Occupancy
~Q-jc....__ _ _ __
_9Q,%-_ _
f. Owner-occupied
... 60'fa _ _ __
_M _________
$4500-7000
%du~!!_~
$4500- 7000
----~-~
$4500-7000
0%
g.
1935 Price Bracket
~..200.~~-._QQ.Q__ %change
h.
1937 Pria Bracket
~.Z.QOO=~....QQ.Q___
i.
l,W________ P,;ce Bracket
j.
Sale.,
~2.Q.00-:.35~Q.CN,..-- ..=.l..9;_~
Fair up to ~6000
Good up to.. $3500 _______
k.
l.
Predicted Price Trend
(next 6.-12 months)
1935 Rent Bracket
$.-9..Q__- 100
m.
1937 Rent Bracket
$3{) .- ..1~00_ __
. ........0..1,
n.
1940
$~0 - 100
-····n
o.
Demand
__Rent Bracket
Rental Demand
p. Pf'edicted Rent Trend
(next 6-12 months)
····--· o_ %
Stv.tic -·--·-----·····---
Statie
$25 - 65 per fl~t ~hang~
$25 - _65
II
II
____ .,0
%
...Good __up to $,_7_0_ _ __
Good up t0 $50 ;pell' fla~
__Static
St_a_t_i_c_________
3. NEW CONSTRUCTION (past,,-.) No l
T-,pe & Price
$4200
How Selling On °rder
HOLC Loans: 70@ $4558 - 29% in default; 0 in foreclosure
4. OVERHANG OF HOW.E PROPERTIES:
a. HOLC-..l £l...@...$.8.51L. b. Institutions_ _7_5_ __
5. .SALE OF HOME PROPER~ (.9-.....J'Y.)
46_ __
·--· 7.a TOTAL TAX RATE PER $1000 (19~-> $_6_©_._
b. Effective Date based on 95 sales $38.09
8. DESCRIPTION AND CHARACTERISTICS OF AREA: All city facilities . Very convenient
to everything. Land is almost 100% improved. This is the only portion of Atlantic
City proper which can be classed as still desirable residentially and it is hatving
difficulty r esisting encroachment of rooming house business from tho east. This is
in spite of the fact that most of the beach front and practically alt of the portion
of tho area west of Delancey Place is zoned as 11 A11 residence. , In additioE. the lower
part of the "Newton Tract" is restricted by deed. Since this area was the most
desirable on the island prior to the development of Vontnor and Margate, it follows
that there are many homes of very large size - some of comparatively substantial
age - and others of thoroughly moder n vintage. The combination of generally falling
prices and deteriorating neighborhood gives these houses a present-day sales value
of only Slll£'.ll fractions of former cost - probably as low as 25% to 35%. Only two
blocks between Atlantic Avo. and the Boardwalk are undesirable - the west side of
Columbia and Bo.rtrrun ruid Kingston Sts. Theso are old houses of unattractive type
crowded closely together , and useful only as rooming houses ( which use is prohibited
by restrictions) . Recent sales of these have been made as l ow as $2000. The
i:ruiamaker frunily fo r merly owned a vor y l arge mansion fronting on Ventnor Ave . and
occupying tho whole of a l arge city bl ock, Failing in efforts to sell it for any
reasonable consideration, the house has been demolished. While it is true - as in
al l soctions on Absecon Island - that values tend to r ecede with distance from the
ocean , th0re ar~ perhaps none of the l arger type located away from the Boardwalk
than in the other ~eas. However, with the exception of the two blocks of poor type
9. LOCATION.-~~lantic City
__ SECT)RITY GRADE..?.!l:9:...ko'A.REA NO..k.L. DATE..Mlf.~1.0
houses mentioned above, it is still true that tho smaller and lower priced dwelling.s ·
are located several blocks or more from tho beach.
6. MORTGAGE FUNDS:~~arce
AREA DESCRIPTION
Security Map of
l.p oPULATION:
Metro:politan Atlantic City:, N. J.
==--
D
a. Increasing---·-·------ .Decreasin·------··· ___ Static.·-·-·s_
White oollar V\Qrkers in Atlantic Ci ty-0$·~.income
b. Class and Occupation..
c. Foreign Families...._Q_~
Nationalities--··········--···-···..·-··--·----
__
d. Negro_,._..Q..._.~
e. Shifting or lnfiltration _ _ _ ._ _ _ _ _ _ _
No___n_e_____·-··-·-··-··-·---··..·..·--..............- - - -
2. BUILDINGS:
100 _1
PREDOMINATING
011-IER TYPE
1_..F.~- 5-8 rq9ms - sani pungalo!._.::...2 stor~_ · - - - - b. Constmction
]}:1amc & few brick & stucco
·-···-·····............·-··-·-····----
c. Average Age
d. Repair
-······F.ajJ;:_..to_..gQ.9d_ _ __
e. Occupancy
··--9.8%--------
f. Owner-occupied
·····-..00%_
--·-·-·-··-..-·---$
·----
..----····..··-·--····-·····....
g.
1935 Price Bracket
$3000 - . '1000 ···- %change
h.
1937 Price Bracket
$ 3000 .- . 7.QOO._
-··-.. 0 %
$
i.
+-~-·--··-·-Price Bracket
$ .. 3000.. - 7000...--... ........ 0 .. %
$
j.
Sales Demand
Fair up to
k.
Predicted Price Trend
(next 6--12 months)
1935 Rent Bracket
._..__.Static .................___.._
$4,500 - Sales have been maie
........__and'-a:s···:nrgn···as"..$I20'00,
L . _25 ~ ·-==45=---
%c1iange
m. 1937 Rent Bracket
$ ......._ 25 _- ....,45=---
n. l,9iQ. _ _ Rent Bracket
l.-.
._......o...%
0 %
o.
......Good_up to.$35.00.__.._
l.
Rental Demand
25 - 45
as low as $2000
but these are····czcep""f10ns.
·- -..................................._.
___
$ .... _. .............................--..
........._
$ ···--··.............-...·-····....·....·-
%.
%
-----·--..- - - - -
p. Predicwl Rent Trend
--"'S;...;;t=at=i=c'-------(next 6--12 months)
3. NEW CONSTRUCTION (past yr.) No.........~.........T:ype & Price
,QOO
flow Selling .....9E- 0rdar
HOLC Loans: 19 at $2842 - 16~ in defalll t - 0 in fQreclo sure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC.._? at $558~
b. lnstitutions_.........
7 _ __
pa
5. SALE OF HOME PROPERTIES (....3..$,)
a. HOLC,__.9;_.at....$396.6.. b. Institutions_.........~......--..·-·--
FHA will ..-·-··· ?a.TOTAL TAX RATE PER $1000 (1900
" ..) $---==•"'"'---71 20
6. MORTGAGE FUNDS:-=--~•--·
insure
b.Effective rate based on 14 sales $37. 73
8. DESCRIPTION AND CHARACI'ERISTICS OF AREA:
All city facilities - Land is approximately 30 per cent improved.
This area deserves a fairly desirable rating, It is connected vd th
Atlantic City by train as well as by th.0 main arteries to Now York,
Philadelphia, etc. One of itz chief advantages toda.v- lies in tho if.act that
neither the tax rate nor tax burden is excessive.
Lbw
9. LOCATION..Qt~ of .Absecon
.._ SECURITY GRADE...~~···-·· AREA NO.....!t~- DAIB!d.Y.!i}
AREA DESCRIPTION
Security Map of Metropolitan Atlantic City, N. J.
1. POPUIATION:
a. Increasing___· - - · - - - - Deaeasin.,._g_ _
b. Class and O~on_ __..;;M,.c..ix_ed_v.h_i_t_e__c_o_l=l-'-ar;;:.._-__;_e.;;:.:s..:;.;t:..;•i.; ; n; ; .c. :;.;om.; :.0;. _J;$c;; ;l2. ;:;.00-.:;.;:. ._;:3000;.; . :;. ; ._______
c.
Foreign Families O % Nationalities-------------··-··-···--··········
None
e. Shifting or Infiltration
2. BUILDINGS:
--·---······--······-·······-----
100 'I,
PREDOMINATING
d. Negro_.._..9.._...%..
OTHER TYPE
'1,
Many bungalows an.d. semi-
a. T-:ype and Site
1-Fam. 5-8 rms.
b. Construction
Frame, few stucco
c.
Average Age
15 yrs(cxcfill_~ White Horse Vil:t~--e-)_ _
d.
Repair
. Fair to _good_..____
e.
Occupancy
.....9.5%.--------
f.
Owner-occupied
·-2-5.%....-······-----·----·-···--
g.
1935 Price Bracket
~..250(L-:-....6.QQQ__
%change
$
%c~ng1_:
h. 1937 Price Bracket
~..2.00Q..::-....6000...-....
.......iL 1,
$
·--1
........o. . %
$
'1,
2soo. -.m-··-····
bungalows as well as 2 story.
& brick
·-·--·-···--···-···-·--· - - -
l.9.10...- ········-···Price Bracket
$
j.
Sales Demand
k.
Predicted Price Trend
L
(next 6-12 months)
1935 Rent Bracket
._Eaj._:r up to.. ~,500 =--~C6'£?tional sales have ooen ma.de
as low as $700. and as ~gh as $6500.
Static-·----····-·-······-·--
i.
m. 1937 Rent
Bracket
n. 19....,40=x-._ _ Rcnt Bracket
o.
Rental Demand
p. Predicted Rent Trend
$ 20-40
$
20.. - 40,
....._._ __
$ . 2.Q
-
40
%change
$
~change
···-0 -·'I,
__ JL.%.
........ Fair up to ~35 _. _ _
----------·-----
__
S~ta=t=i~c______
(next 6-12 months)
3. NEW CONSTRUCTION CPa.,t -;yr.) ~······Q······--T'JPe & Price
How Selling··----HOLC Loans: 48 at $2648 - 24% in defalllt - 1 at $1409 in f0rect0sure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC 21 at $4500.... b. Institutions ___..30_ __.__
5. SALE OF HOME PROPERTIES {..3._,r.)
a. HOLC...6_.at_.$.l.~53__ b. Institutions____·····-·:.ll....__
6. MORTGAGE FUNDS: Local b..~....:\.:7a, TOTAL TAX RATE PER $1000 {19:4Q.) $_11..2Q_
thru FHA
b)!lffective rate based on 14 sales $37. 73
8. DESCRIPTION AND CHARACTERISTICS OF AREA:
.A,11 city facilities - Land is approximately 40 per cent improved..
11 White
Horse Village" in the cent<'lI' of town is quite old and CO!il.tains
Tho line of the Penn.
Reading R.R. runs through this area and its tracks are in process of
being ele~ated.. There is also th£ junction of tho main artery,Philadelphla
to Atlantic City and of t.h.at of N.Y .City-Atlantic City. Along tlaese bighwczys particularly, many or most of the houses are either used for r0oming
houses or have II tourist accommodations 11 •
With the exception of 11Whi te
Horse Village" nost of the houses are small but of modern type with qui to
a good class of native white .Americans living in them. Some houses were
demolished. on the east side of Ohio Avenue in connection vlith tho R.R.
track elevation and muses on the other side of this street now face a
high bank.
some structures of fair size and out-moded type.
Low
9. LOCATION..... .City ..Q.LAQs.e.con..._ SECURITY GRAPR.-2nd..... AREA NO..k7 ·- DATE1.JJ:l'1Q
AREA DESCRIPTION
Security Map of__.M~]I'..QJ;!QJJ.tgJL,Atlantic....Qlty, N.J.
a. lncTeasingJ§r.y_..§1. O!i.l:Y._.._ _ Decreasing_ _ _ _ _ _ _ _ Static ..•-·····---
1. POPULATION:
b. Class and Occupation
Mixed clerical, etc, - est, income $1200 - 3000
c. Foreign Families_ QJ
e. Shifting
Nationalities_ _ ---·------·--···----··
°" Infiltration
2. BUILDINGS:
a.
None_--r--•-·-·---·-·--·--··--····-·······-··--···----PREDOMINATINQ
10.Q_1
OTI-IER TYPE
1 Fanily - . 5-7 .. rooms _
T,pe and Ske
Frame
b. Construction
c.
d. Negro...... O_ .....%
Average Age
d. Repair
...OQ.oo,___·-···--······-·-···-·----·
e.
Occupancy
_913%______
f.
Owne,·-occupied
-·--95$, --···---········-·-·····-··
g.
1935 Price Bracl<.et
$ 3500 - . 9000 __
h.
1937 Price Bracket
$3500 .. 9000·---·- .0 ···- %
$
i.
.li~:O~--Price Bracket
~-3000 - 7500 . -····· ~!.~--··· %
$
"--------·······--
j.
Sales Demand
Fair up to.. $pOOO·········--
k.
PTediaed Price Trend
(next 6-12 months)
1935 Rent BTacket
Static'---············-···--··--
··---··---··········-···-······--····· - - -
·%change
%cha.nge
I.
m. 1937 Rent Bmcket
n.
lfil.Q
o.
Rental Demand
Rent Bracket
$ ··- 25 - 50
____
$ ··-··· 25_- _ro ·--$
25 - 50
%change
--··--•-·%change
~------
···-·o.....%
0
%
$ ···--··-····-·····-····················
p. PTedicted Rent TTend
_Stat.=i=c_ _ _ _ _ __
(next 6-12 mondLs)
1 Fam.5-6 rm.detached
.
3. NEW CONSTRUCTION (past ~r.) ~o.......~_.._T,t,e & Price . $;3500:::7500 -..How Selling~l:fi. 0n ~
HOLC Loans: 3 at $2473 - 337" in default - 0 in foreclosure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC-..-.. 0
b. Institutions..- ....._____Q_____
5. SALE OF HOME PROPERTIES (.....3..,,-.)
a. HOLC.J-~t.$.?l~l
b. Institutions..-..·······-- O_ _
6. MORTGAGE FUNDS:_Scarce ·-·-···-··· 7.a.TOTAL TAX RATE PER $1000 (194.Q.•) $-96......9......
5_ _
b.Effective rate based on 2 sal0s $62.05
8. DESCRIPTION AND CHARACfERISTICS OF AREA:
.All facilities. Sparsely settled ( approximately 1~2o% improved) al. though
most or all of area is laid out with streets etc. ,due to abortive land development schemes. Like all of Absecon Island, the terrain is flat and practically. trooless but nevertheless its location between the ocean and Risley' s
channel is attractive. Its chief disadvantage - particularly for all-year
residence - lies in its distance from Atlantic City, shopping centers etc.
T'.nere is some tendency to build within this area which ma;y well justify a ·
higher rating sane dey or at least the inclusion of the portion where new
construction takes place in area 11B11 1
High
ntd.!L19.
9. LOCATION ____];1Qr..9_Qf~x:_t.._ SECURITY GRADE....3r..<L.. AREA NO....9:-1 -··- DA
•
•
AREA DESCRIP'nON
Security Map of Met:r.QP.olitan Atlo.ntic City. N. J .
a. Increasing
1. POPULATION:
_ _ _ Static .. Yes_
· - - - - - - - Decreasin,.s------
b. Class and Occupation _________M=i=x=e=d_d=a::;i::.:l::..iYc....Workers - e stimt ed inc o:me $12qo-3.0QQ_
c. Foreign Families __Q._~
e. Shifting
OT
Nationalities _ __...,G.~~n Descent
PREDOMINATING
l Family
a. Type and Ske
d. Negro..... 0 .._J,
·--····-·..···-···................._.___
lnfiltrcuion - - · - - - - - - - - · None
2. BUIIDINGS:
--···--····--..-·.
,
_100
~
5-6 rm, few very old
____
OTHER TYPE
~~.
s0mew}:lat larger
b. Construction
C.
Average Age
_11p....t_Q_30
d. RepaiT
yrs.
+
·-·--
............Fair .·-··-..··-····-····-···-..--
e.
Occupancy
··--.9~--·-·--··..- - - -
f.
Oumer-occupied
........._..BO%......__.___............................_.._
g.
1935
$.........2000=.6.QQQ_._ %eha~ge
$
h.
1937 Price Bracket
t .....2000.-::6o.OO....-...
.0 __ %
$
i.
_JE.49_··-···-·Price
~.... _ 2000- 6o0Q.......- .
....o ... _.. %
$
;.
Sales Demand
....... Fair to.. slow...up to$4,000
k.
........- .... S:t.~tic ···-···..······..............__
l.
PTedicted Price Trend
(next 6-12 months)
1935 Rent Bracket
$20.. -
m.
1937 Rent BTacket
t_20...:-..._,.5,___ .....
o ..%
n.
.19.40.
$ 20. --22
O
o.
Rental Demand
P,ice
Bracket
Bracket
Rent Bracket
..35...._____.... %change
....... Fair... ul?. to *30
%
___
.........·-··-···-·-..· - - - -
_ __.........................-·······---
$ -··--..................._.
'I, change
$ -·-·····
.........·-···'lo
$··--·--·..·· · - -..
--~
...._ .._..
p. Predicted Rent Trend
Sto.=-t=1=·o'--------(next 6-12 months)
3. NEW CONSTRUCTION (past 1f.) No..... _9......._Type & Price-·
o
How Selling __....,_o___
H0L0 Loons: 7 at $3190 - 57% in defau~t
O in foreclosure
15._ __
4. OVERHANG OF HOME PROPERTIES:
a. HOLC~.-... 0
b. Institutions
5. SALE OF HOME PROPERTIES (..._3.;yr.)
a. HOLC,_......_Q_ .......- ...······- ·- b. lnstitutions....-...........7 .·····---
6. MORTGAGE FUNDS:J.e.t:?1--5.c.ru:c.a_.. 7. aTOTAL TAX RATE PER $1000 (19.'..M} $.-1.Qbu~,.......
3__
b Effective ra.te based 0n 25 sales $28. 30
8. DESCRITTION AND CHARACTERISTICS OF AREA:
City facilities . Sparsely settled :. approx . L1.Cffo of lo.nd is improved. This is
the older portion of Margate which was origill!l.lly incorporated in 1885 a.s S0uth
Atla.ntic City. Although its looation botvreen the ocean and Risley's 0ho.nnel is
attro.ctive it hns shown no signs of developme:nt in recent years, pa.~t11.y because
of the disto.nco from Atla.ntic City (us o.pplioci to da.ily workers) nnd partly
bcca.use of the prosonce of so many housos of substa.ntinl ago ana c0mpa.ra.tivoly
poor quality (a.s applied to summer residents) . Among its structures a.re a vory
£ow trro fo.mily dwellings, but thoy r.ro not numorous onough to estc.blish a.ny
sa.tisfo.ctory price record .
Low
9. LOCATION ...-..JJf}..~E..1?::t.2....Q.!t.Y....- ..- ...... SECURITY GRADE.....2:r.4..... AREA NO
0- 2 DATE.k:..k-J.J.9
•
•
AREA DESCRIPTION
Security Map of_Jillo.t.r.ap.ol.it::m_Atlanti9....c.i:tzy, N. J.
1. POPULATION:
a. lru.Teasing_ _ _ __
b. Class and Occupation. _ __
c.
Foreign Families_·-=--~
·-·---- Decreasin-5-g_ __ _ _ _ __
Dn:j] y worlre.:c.s.....=.. cJ orioo.l - skilled ~s.t....~.me___
$1000- 2000 _ %
NaticmaUties.-··-·-···-····-··-·····-·······-----··...............-.....
e. Shifting or lnfilcratio11 _ _ _ _ _ _ _ _ _ __
PREDOMINATING
2. BUILDINGS:
a. Type and Site
~-···----_9.Q.. t1,
d. Negro.................-...
........·-·····..····---·····-----
10 'fo
OTHER TYPE
2- fruniu _ _ _ _ __
.l- fnmil~ - 6 -Looms=----
b. Construction
c.
Yes
Static..
-..._.Frl!l;llle ·······-..- · · - - - -
A.,-eTage Age
--1.8...yr....s.....- - - -
··-·-1~.ll•....- - - - - -
Occupancy
-·.9._,_,5%"'°'0- - - - - -
___..95,%_ _··--..··-···--··-
f. Owner-occupjed
·----· 60% ···-····-····-..··---·..····-·..··-·-·
--~---
d. Repair
e.
g.
1935 Price Bracket
~.-..~.QQ::-.4,Q.QO
%change
$~750-J,1,ooo __ %chE.!!~
h.
1937 Price Bracket
~._.._20.0.o~J.J.QQQ_..._...
.. o -··"'
$
2750":'l.&Q.Q...._._
.J..J.
i.
19!.p....... __....._Price BTacket
~-...2.0.Q0!::40.QQ.. ___
.. 0 ..... 'fo
~-2SQQ-110QQ ··-
-~
j.
Sales Demand
EtiJ:....up_..t.o....$..30D.Q...............--··-
k.
Predicted Price Trend
(next 6-12 months)
1935 Rent Bracket
L
_ .....S.tt:1..tio.--··-···-······..······..····..---
Ll'Z.,5.Q-=...35.-..-
Fn i r up..J::.o....$~5,...fl_Q.___ _
____Stnt io ....................- .... _ __
%change
m. 1937 Rent Bracket
$_a?0...- ...35..-·-·----· .. +6 ......%
$ -•· 25..
n.
-~-····-·-Rent Bracket
l ..20_.::...35-...- - _g._'&
$ _..25. - .3Q .. "·--···· "
o.
Rental Demand
......G.o.o.d...~....to_.$z.i..50__.......-.
Gooo :u.p....t.o..J~2.7....5Q. ~r
p. PTedicted Rent Trend
(next 6-12 months)
Static
- ..30
ll
Q
%
flat
__Sto.t io.__ _ _ _ __
3. NEW CONSTRUCTION (past :yr.) No..._.....Q_._Type & Price _ _ _ _ _How Selling---HCLC Loo.ns: 7 nt $3476 - 0 in dofo.ult - 0 in feroclosure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC•.. _l__Q,:!;••_l:;9..74..... b. Institutions._.._.._~----
5. SALE OF HOME PROPERTIES (....3..~.)
a. HOLC._..L.~.t.J~.6.25.0...... b. lnstitutions................2'.7...- ..............
6. MORTGAGE FUNDS:_N.QAQ...................- 7.o.a"OTAL TAX RATE PER $1000 (19'~40) $ 67. 6)0___
b. Effoctive tnx ro.te bo.sed on 30 snles
$41.24
8. DESCRIPTION AND CHARACTERISTICS OF AREA:
All city fncilitios. Lo.nd is o.pprox. 50% im~rovod. Thor0 aro only about 1~0
residentia.l structuros in this nreo. whieh is sopo.r!..tod from Absocon Island by
tho "Inside Thoroughf::i.ro". Those a.ro mostly concontrntod on two stroots (Dors0t
o.nd Dudloy) with tho higher pricos n.nd ronts confined to the formor . Tho nreo.
wus origino.lly n fnirly poor typo cheo.p devoloplll0nt. Its chief - and perhaps
only - o.ttrnction lios in tho fa.ct tho.t it is convoniont to tho bost school on
Absecon Islo.nd vfuich is loco.tad just a.cross the "Inside Thoroughfare" i:n V:ontnor.
One l;touse whioh ho.d oo,e n convertod to o. 3-fo.mily sold rooontly for $6000.
City of Ventnor
9. LOCATION...... Y~E.~!!_9r Hoig!tt..~-·- SECURITY ORADL..3.r..4.... AREA NO........Q.::L DATflli.-::l.::li.0
....
•
AREA DESCRIPTION
Security 1fap of Metropolitan ~tlantio City. N.J .
1. POPULATION:
a. Increasing _________ Decreasin,.i,:,.__ _ _ _ _ _ _ _ Static_ .. Yes_.
b. Class and Occupation.___
M.:.ix:;;;.e:....d~d:....a..;;;;i..;;.l.,_y_w:....o;;.::r;..::k;;..:;e:..::.r..;;;s_-_e;:;..s;:;..t;;.::•~in;;;:.:..co;;..:;m;;:.e;;.....:$:.;.l;..:.0;..:.0.:.0-_ 2:....0;:;..00~-------
c. Foreign Families
e. Shifting
o,-
O ~
Infiltration
Natio-nalitielM;;.l.S----
·--··--··-·-·-··---···-·-·····-···-·-·····
None
----·-----------------·-·····-·--· ··-- - - - -
2. BUILDINGS:
PREDOMINATING
5- 8
100 %
a. Type and Size
1-fa.mily
b. Constmction
Fram3 & stucco - some brick
d. Repair
rms
·-· Fair - · · - - - - - -
Occupancy
e.
OTHER TYPE
_ _2Q_....yr-=-=-s". _ _ _ _ __
Average Age
C.
f. Owner-occupied
.._.9.Q=%_______
------·-·····--·-·····---·-·
__.6.019-....-·-·--····-··-······-
·--··----------
g.
1935 Price Bracket
l....120.0. ~ ~. -
%change
$
h.
1937 Price Bracket
t_120.o.~.5.ao...___
.....o-.. %
$
i.
..19..lJQ_··--·-··Price Bracket
~-·-!~00-3500
... 0 ······"'
;.
Sales Demand
k.
l.
Predicted Price Trend
(next 6-12 months)
1935 Rent Bracket
ill -
m.
1937 Rent Bracket
!.J.7.t.5.9-.::...3..9__. .. +J+ %
n.
o.
)940
d. Negro ........o__.%
Fair up to. $2500
Rent Bracket
Rental Demand
$
····----····--··---·---
30
$ 20 - 35.____
Fair up to t 25
%change
..±J.1>3-
fchange
$
l._______
%
..ln.c.r.e.a.a~_due.....t.n...r.ao.o.ruli.tioning - see belcQ!L · · - - - - -
p. Predickd Rent Trend
___s,.,.:t""a_...t...,ia...___ _ __ __
(next 6-12 months)
3. NEW CONSTRUCilON (past yr.) No......Q_..___Type & Price
How Selling _ _ _ __
H0LG Loans: 35 at ~2428 - 36% in default - 0 in foreolosure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC....lJ. o.t 82198
b. Institutions .~3=0_ __
5. SALE OF HOME PROPERTIES (...3...,,-.)
6. MORTGAGE FUNDS:--~Qn.Q________.. ?.a.TOTAL TAX RATE PER $1000 (19.i+O.:) $ 6Q.LJ6*
b. Effective Tax Rate based on 95 sales $38.09*
8. DESCRIPTION AND CHARACTERISTICS OF AREA:
All facilities. Land is EB?!)rox. 30J'- 50% improved. This was a p00r grade speculative development on low (filled in) ground. Although situated adjueent t0 the
Munioipal iurport and to one of the main arteries entering Atlantic City (Pleasantville Blvd. - Black Horse Pike) it is not o.ttraotively located. Considerable
improvement has been made in o. number of the structures in this section whioh were
acquired by institutions notably by replaoing exterior stucco whieh wa.s in very
bad shape by ono or o.nother type of prepared sheeting or shingles . It is this
substantio.l reconditioning ( including interior renovation) whioh has enabled
these ins ti tut ions to obtain. somewho.t higher r ents from properties so treated .
Many of the houses in this o.rea o.ro constructed with tho garage in the fro~t and
3 living rooms on the ground floor.in tho reo.r thereof. These co.n be rentpd
during the sunnner for $100 per soo.son to other loco.l residents who ho.vein turn
rontod their homes in more dosiro.ble sections to summer residents.
*Docs not include sower which is a private utility.
9. LOCATION.....{f_:I.-~nt~?~~---,r.- SECURITY GRADlL..J.nl AREA No_Q.:.k_
Chelsea noights '
DATB..bt:.k.Ll9
•
AREA DESCRIPTION
Security Map of Met.r.2P.Qli_tan Atlantic CJ.E, N. J.
a. Increasing_··--·----·-···-· Decreasing_ _ _ __
1. POPULATION:
b. Class and Occupation
C.
___ Stade Yes
Mixed white collar - labor - est . inco:,·0$1000- 2400
Foreign
· Ranu'lieL 60+
... _·_ _
% Nationafities___M.Q.~:tJ:Y.:.. Iti~J.J.an - also IrJ.:~!L.~.....
d. Negro._....<iL......<fo.
Jewish
e. Shifting or Infiltration _ _ _ _ _
r~_}Jr.sl...§.§.i~_t.Q~}:le ~§~·---······-··········------
2. BUILDINGS:
PREDOMINATING
a. T~pe and Size
60 'I,
I - family all_ types·-·-
____.f,.r__~_m:- iok......·--··-
b. Consl'Netion
OTHER TYPE
•-·---•-·
-..-
..J!iixed - .stores & 2- 3
apts . , eto •
.._ ....f.rama - bfj,ck - stueco
c. . Average Age
d.
Repair
................wx:....t.o....p.ao.x:_........-·-·-
e.
Occupancy
Owner-occupied
---..-...9.-5%'------.............-..-..6o%.....____ .....................
g.
1935 Price Bracket
$ __2_9l)0-6oA) ·-·-
%change
~-35._00::§QOO
h.
1937 Price Bracket
$._2000- 6000____,.
..... 0 .. %
$ 3500-8000_____
0 %
i.
.1,.940
~..-2Q.QQ~6.oo.O..........._
..... 0 . 'fo
$ 3'700- 8.Q.QQ____
o 'lo
j.
Sales Demand
k.
Predicted Price Trend
. f.
Price Bracket
1935 Rent Bracket
m. 1937 Rent Bracket
n.
o.
l.940-
_ _ 3Lq%______ .. _,__ _
%c!ia~
.....F.a.ir_.JJp_w.JSG...
:0....0_ __
(next 6-12 mon~iis)
L
-·-··-..- ·.95%...--··--
Rent Bracket
·-··---..S.t.a.ti.c..........- ..- - - -
_._S.bt.:\..c.............-...-
L.~"·"'-4o+-h5--$ 15... - _l.J5._. _____._ "·•- 0 _%
L2cL=-.....4--5,.. ,p.er....fllia:~~nge
$ 2© - ....3.2....-'.'.... _.~
t . .l5...=:...45.__ _
t_gg__:::...35........~--......'..' ..
-··-Q-~
Rental Demand
p. Predicted Rent Trend
(next 6-12 months)
...._S.t.at,....· _ _ _ _ _ __
.......9..._.%.
0
'lo
Good up to $30 per flat
Low w.~.9.~...i.§....wi.t.b..<PJ!:t_
heat
3. NEW CONSTRUCTION (past 1r.) No._...J)......_ T-ype & Price
How SelUng --·-·----- - HCLC Loans: 41 at $3802 - 17'/o in default - 2 at Sl953 in f0reolosure
4. OVERHANG OF HOME PROPER.TIES:
a. HOLCh....5...11:.t. $6514 b. lnstitutions_ __i=o_.,5__
5. SALE OF HOME PROPERTIES (..l-$.}
6. MORTGAGE FUNDS:~:om_______.....- 7. a TOTAL TAX RATE PER $1000 (1940'.\ $...6.o.J.i6._*_ _
b. Effective rate baaed on 95 sales $38. 09*
8. DESCRIPTION AND CHARACTERISTICS OF AREA: All oity faeilities , Land is approx .
lOo% mproved. This section could wel l be divided into two since the eastern end
from the Penn-Reading R. R. station to California Ave.. is decidedly fourth grade.
Howover since this worzt part is comparatively small and is being eonsiderably
reduoed by demolition of some of its poorest structures to make wo.y · r0r a slum
clearo.nce project and since the whole area. is predomino.:rrtly Italian, it seems
adequate to clo.ss it o.s one section. This low cost hou.sing project is the direct
co.use of~ good port of the recent sales activity in this nrea since it is causing
a nurnbor of Italians who have beon oustod to mO'V'e fartho.r west . Tho presence of
a. Catholic School on Toxn.s l~ve.. helps to hold them in this immodio.te noighborh00Gl,.
The farther ,;rest one goos in this soct~pn the better tho values are, both bGco.use
so'nie.older residents of different type are still hanging on and because tho
Itn.lia.ns of lo.r!gor incomes aro concontro.ting there . Likewise in this wostorn
ond - on tho former site of tho Penn. ~ . R. station - thoro is a lo.rge soule
housing dovolopmont (not slum- ol0arnnco but FHA Seo . 207) nearing completion
whoso rent sea.lo will bo approx . ~12.00 per room por month . Also adjacent to
this ontorpriso the city is doing considerable improving in tho form of pl~ygrounds, seo.-vmll on tho "Inlond Thorou$hfaro"., otc.. This area is convenient
or close to all htlantic City activiti~s.
*Docs not inoludo. sowor which is a private utility:.
Low
·9. LOCATION.._. _____~t..:IP.,.:t1tiQ....Qj.i;y_._.. SECURITY GRADE.._..J.r.~.. AREA NO.....9..-:5..._ DATE....k:J.::k,.0
•
AREA DESCRIPTION
Security :M.ap of MetroP..9li tan Atlantio City, N. J .
a. Increasing_ _ _ _ _ _ _ _ _ Dccreasin&-g_ _ __
1. POPULATION:
b. Class and Occupation_
c. Foreign Families_._o.__1
Daily w:orkers - small incomes - municipal em:el.2:te~.s____-_ __
est. ineom $900-2000
Nationalitie!
------···--·--·····-· d. Negro._.._'?_.__.'.%._
e. Shifting or lnfiltration _ _ _ _ _ _ _ _ _ _ _...._No,,..n~e"---
2. BUll.DINGS:
a.
- - Static ...IJ!_
PREDOMINATING
---·--·-·-·---------
_.100 %
OTHER TYPE
1-family b.~ngalow - .semi-bunga_l_crw
_ _ _ _ _ _ _ __
T-ype and Size
b. Construction
c.
Average Age
d. &pair
·-········---·-··--·····-·-·· · - - - - -
e. Occupancy
_ _..,._9($_ _ _ _ _ __
f. Owner,occupied
-----··-··--BO%... - - -
---·--------~-·- - - - - - -
g.
1935 Price Bracket
$ 25-00-6000
h.
1937 Price Bracket
t...zs.oo.~w.oL__ .L._.~
L._···---
i.
-1940-••·-·---·Price Bracket
~.....Z.5.Q..Q~5.Q.O_Q.._____
$.
;.
Saks Demand
k.
Predicted Pric.e '::rend
(next 6--12 mcnr.\s)
1935 Rent Brccket
l.
$ ....20-..-40..-··-·--
_Rent Bracket
19110
o.
Rental Demand
.-13 .%
--·-·---·-····-----·--·----
m. 1937 Rent Bracket
n.
%cha~ge
$ _20 _-
%change
$--·-··-·---- :(change
..... +-4-_..%
~
y__o_ __ _ Q,...1
$ -·····---···----·-------··
....... Fair up to $25
p. Predicted Rent Trend
__S__t____a""t____ic"--------(next 6--12 months)
3. NEW CONS1R.UCT10N (past ,r.) No-..Q·-···--T'YPe & Price
How Selling _ _ _ __
HOLC Loans: 16 at $3025 - 50% in default - 0 in f0reclosure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC._.. 5 at $5998 b. lnstitutions_ _-"15_ _
5. SALE OF HOME PROPERTIES (...3.-~.)
6. MORTGAGE FUNDS:
None
·-··-·- 7. ~TOTAL TAX RATE PER $1000 (19·4Q..) $ 60.46 *
b. Effective rate based on 95 sales $38•09*
8. DESCRIPilON AND CHARACTERISTICS OF AREA:
All city facilities - land is approx. 30% improved. This area has very little,
if anything, to oom:mond it. Probably its only appeal is to municipal employees
who politically o.re compelled to live in this wnrd. It is a more or less
scattered oolleotion of poor to mediocre type bungalows w:i.th only a £ew homes
that would be vrorth even $5000 •. Thore is just one 2-family structure. Althougn
adjacent to the mo.jor artery entering Atlantic City (Absecon Blvd-White Horse
Pike) it is a: long wo.y from anything o.nd transportation - except by automobile is very poor. In addition to those disadvantages the sewerage disposal plant
for Atlantic City is close by as well as the gas plant·•.
*Does not inc 1ude ·s-ewor which is a pri vn te 'l.ltili ty.
Atlantic City
9•. LOCATION
Low
-·- "Venice Pork"----· SECURITY GRADE.....i:r..Q...... AREA N0-9 .:-..L
OATB.k.l::LJ.9
AREA DESCRIPTION
Security Map of Met::_?R.?..~~ta1:_~~-~antio City, N. J.
a. lncreasing _ _ _ _ _ _ _ _ Decreasin_ _ _ _ _ _ _ _ _ Static ... Yes
1. POPULATION:
b. Class and Occupation Dai;J.Lv.rn:r.:ke:r.L:i.mlillli-..l}g- municipal ~Jm1l~es .-=-_avg. it1Q.Q.nt.Q..._
$1000- 2000
c. Foreign Families __Q___j Nationalities-···-··-···--··-··-·---------···········-····--· d. Negro .. 0 ...___.'fo
e.
__N_one ______ ..
Shifting or Infiltration
2. BUILDINGS:
PREDOMINATING
--···----·-·······-··-···-----
_9..Q._1
OIBER TYPE
10
'fo
a. T;1pe and Ske
b. Constncction
c.
__..FJ:JUOa aud....bl:Lck
--~
At1erage Age
d. Repair
e.
-·-····-··F.r.~xne._....-.......
--·-···-···.F.air....t.a...g.Q.o.d..._._•._._._.
-······-··-····-Eai.:z:...:t.o...f!P.O.d .....__._
Occupancy
-9Wo..
f. Owne,·-occupied
-·----..--9.WJl...--··--··-·-··-···-···--·-··
---·•+•'-#'5%>------
··--·····-··--·-•1f/lo..-..---···········-·---·%change
L35.Qo-6500
%change
$ ...3000- 6000 -···-·-
....0....-.. %
l..35QO-.. c.6.......
500
_______
__ Q_~
$ ....3...000- 6000 ·--·-·-·
... o ..·-·- %
~-32)@-650G
- ·-@.-~
g.
1935 Price Bracket
$ .. 3000-6000
h.
1937 Price Bracket
i.
.1.91.,.0
;.
Sales Demand
._F.air._J.lp__tgi....$.5.QQ_Q_......-···-···
Jru..L\\IL.:t.0 _.$5_9=0_,._0_ __
k.
Predicted Price Trend
(next. 6-12 months}
1935 Rent Bracket
______s_ta;t;ia_..-•-·····--····----
___.S.itat.ia..........-··--····----
l..2..5-.:e...45-_.._ _ %change
Lzo...!':....3.5-·J~r....i:l a~.9~.!!8"~
l.
..Price Bracket
m. 1937 Rent Bracket
$ _2,2_ -
_
22--··-··- -····-··0··%
$
25 - ..3.5....___ _ __.Q.1
n.
l94Q___._Rent Bracket
$
o.
Rental Demand
.......Good up to$30 ···----
2(l) - .. },._ "-.-~
$_?Q.._-:-__3.15__
. ~··-··--~
···-··o···-"°
_0_
_1
Good UP... t0. ~19 ..P.er flat
p. Predicted Rent Trend
.__S:t.~Q.
___
__S=t~a=t=i'--e_ _ _ _ _ __
(next 6-12 months)
3. NEW CONSTRUCTION (past ,,.) No.. _Q······-··-T,Pe & Price
Hl)W Selling _ _ _ __
HOLC Loans: 6 at $2932 - 33% in default - l a t $3706 in forecl0s1.We
4. OVERHANG OF HOME PROPERTIES:
a. HOLC._..J....~~ $9.~o6_ b. lnstitutions_-'-8-~-
5. SALE OF HOME PROPERTIES (...3..,,-.}
6. MORTGAGE FUNDS: Very _§.£.~r.~~·-·· 7. a:roTAL TAX RATE PBR $1000 (19.:c.4~ $ 60.46>*
b. Effeotive rate ba.sed on 95 sales $38.09*
8. DESCRIP'TTON AND CHARACI'ERISflCS OF AREA:
All city facilitios. Lond is approx . 95% improved. While this nreo. is quite 01d ,
it still constitutes a mod.est homogeneous neighborhood of native white Amerioanborn. Because of the political neoessity for municipal employees - particularly
policemen o.n.d firemen - to live in certain wards this is a favored section fer
that purpose. It is quite fat' from the eceo.n but fairly convenient for other
purposes. A lo.rge number of the structures ,vi thin tho areo. are of bungalow or
semi - bungalow type with basements rising about 8 foet or more above the street
level. In a considerable number of oases those basements ho.ve boen oenverted
into apo.rtm::ints - henco tho 2-fo.mily houses listod above .
*Does not include sevror which is o. private utility.
9. LOCATION._.__ _.ii.t.J:nn:t;;J:Q...Q.i.h_.._ SECURITY
11
Bungalow Po.rk11
GRADR~_3..r.g..
AREA NO
C-7
DATE..1:-.:ld+0
•
•
AREA DESCRIP110N
Security ~-iap of Meti:~oli tan Atlan tio City, N. J •.
1. POPULATION:
a.
Increasing _ __
· - - - - Decreasin,&-g---'Y""'e;..;;:s'------ Static·-···-···-··-
b. Class and Occupation
Mjxed daily mrurs - Est. income $800-2000 (few higher)
c. Foreign Families--.~
Natimialides--.1~
c. Shifting ar Infiltration.
Jewi.E~------·--·-·-·-..-···· d.
BE2tter....Q.l..~SftWfLmovim; to west eud of ci-1?~ _______
2. BUILDINGS:
72
PREDOMINATING
OTHER TYPE
'I,
1-famil_Y- 6 r0oms
2-family or more
&brick
Frame
c.
Negro_...Q___ ~
Frame & briek
- -----••..•n•••~•••
--·--.... 30
Average Age
.11..Yr:::...;;.;S•:c..
· _ _ __
d. Repair
e.
Occupancy
f.
Owner-occupied
-·------207/4:.___····..·..--.--
______5.,1.:.<Wo~o- - - - - -
g.
1935 Pf'ice Bracket
~-..J~OOda, aoo
%change
~---ISQ.Q•~-'.Z.Q9..Q__ ~ chan~~
h.
1937 Price Bracket
~-3-~QQ,,,lQ.,.QQo__
....... 0
~--~0.0.~800.0......--..
....:::a.%.
i.
$- - - - - - -
_ _ _b,....'
1.940__,..,_,_____Price
Bracket
Saks Demand
j.
$ 150 0::-10.0.Q.__
__Q_~
$ 1500-6000
-15 %
·-·-Paar np to. ...i450.o
. .___
k. P,.edicted Price Trend
(next 6--12 1Jl0llths)
l. 1935 Rent Bracket
m.
1937 Rent Bracket
n.
.19:;u.].µ.rO.,__ _ Rent Bracket
o.
'%
----'-'70%_.____,......-......_..,_
Rental Demand
Statie
__.. Statjo --·-·--..·--····---
l..._20 -
Lis
t ...2 ~
t ......2!'.L:...45--- -
%change
$
15 - 50
~change
... 0 ...J,
$
15 - ..50 ··-·--····--
.......O ... %
....Q~
Foor up to i35, although
....a...faw...ap.ts......r.e.n:t...a.s..Jrl.gh
as $65.00
__Po.m:...:.\W_.~,2J..l5. per
flat
Static·: : _ _ _ __
p. Predicted Rent Trend
Sta.tic
(next 6--12 months)
3. NEW CONSTRUCTION {tx,.st :yr.) No.........Q__T,pe & Price _ _ _ _ _ How Selling_-:_ .._, _ __
HOLC Loans:
93 at $3,224 - 26% in default -
4. OVERHANG OF HOME PROPERTIES:
0 in foreclosure
a. HOLC.......3..3....a~.. ~62li b. lnstitution.s._..?..?.2......._..............
5. SALE OF HOME PROPERTIES (..3....~.)
a. HOLC~.....:J..Q.-~:t:_~4.QQ§_ b. Institutions ......_ 72
·-·-·-··..--
6. MORTGAGE FUNDS:_J{QruL_______. 7. aTOTAL TAX RA'I1E PER $1000 (19:j lit@ $ 60.4,6*
b •. Effective rate based on 95 sales $38.09*
8. DESCRIPTION AND CHARACTERISTICS OF AREA:
All city facilities.. Land is approx., _100% improved. A considerable nuni:>er of
years ugo - in the earlier times of Atlantic City's aetive development - this
was the best residential section of the city. ~ nUlll.ber of large old houses (of
former summer residents) still remn.in sto.nding but are now without exception
used as rooming houses. boarding houses, etc. Tho rest of the section is a
mixture of multiples of varying size a!l.d small one-family dwellings. 0f these
latter ma.ny o.re of the row or semi-detached type. Institutional holdings a.ro
henvy o.nd vo.cuncy percentage is vocy largo. This latter is partly accounted for
by tho moving to COJnden and Wilmingto}l of many mechanics who formrly lived here.
Rocont o.ctivity in shipyards is the re~son. Considerable domolition has occurred
in recent yenrs - chiefly of old frame hotels •. Somo snnll structures htl.ve sold
ns loTT us ~~1000 "as is". Streets such as Virginia Avo. betweon Oriental und the
ocoo.n front conto.in m:my structures ot fo.ir sizo o.lthough set vecy close together,
which woro originally intended for one-family uso and which ho.vo long since lost
any attraction us such •. Their use as rQoming housos is limited by the fuct tho.t
this po.rt of Atlantic City is beyond tho ba.thing beaches •. Unless conditions
improve :mo.torinlly, this aron is hendod definitoly for the lowest classification.
*Does not incltrlo sower whioh is n privnte utility~
Low
SECURITY ORADL.3.nL. AREA NO......Q.-::.L DATE.k.l.~
9. LOCATION....-~!Jantic ..Q.~i..;.,,W'-_
"Inlet S0ction 11
AREA DESCR!P'"l,ON
•
Security Map of_~~.:!'.ropolitan Atlantic City, N. J •.
1. POPULAnoN:
a. Increasing_
Decreasing
b. Class and Or., ••pation. ______ JJ1.QW.t.Jih.i.t!L~--=-~inoorre ~~1000-2500
c. Foreign Families_ ...!>._._~
Nationalities,---······-·-·--·-·
·--·--·-·-·············-···-
d. Negro_········-···9'1?.
e. Shifting or lnfiltration.-· - ·- - - - - ' - - - - -Oll!........_ _ _ _ _ _ _.__.__.....- - - - - - -
PREDOMINATING
100 %
OTHER TYPE
1-fe.mily 5-8 rms
__].~~alows to §_i.mstantial oottages
2. BUILDINGS:
a. Type and Site
b. Construaion
Frame
---····-········-····· · - - - - -
c.
Average Age
_ __,J..,,,,2~ye:Jir.s,_______ ._
d.
&pair
·-··-···· Fair to geod
e.
Occupancy
-·--··-.2~-------
f. Owner-occupied
- ······--··············---··-··-··-----
·---···"--·-8Q!_,______
%change
$__···--····---- ~ehange
g.
1935 Price Braclcet
$._1'500·.:1.-4.50=0..__
h..
1937 Price Bracket
$_ 15.00-15..0.-=o__
i.
191.P._.___ Price
;.
Sales Demand
--·-G.O_Q.d...\:<ILliQ..,.$.3.0.QQ......-·-··-
k.
___ StatiC----····-·-·--····---·-·-
l.
Predicted Price '~mid
(next 6-12 "'"" . t:u)
1935 Rent Brc.cket
l_..2.Q_,,_J-¥)_.._
1, ehange
m.
1937 Rent Bracket
!_. _2Q. __.,,,_J1.1,110.,___ _
.. 0._..},
$ -·-··--···-·-··--
n.
194Q____.Rent Bracl«lt
l.._2Q. - l,t"'"'o,.____
_Q__~
$ --·····-·-·····--
o.
Rental Demand
Bracket
$
$
1500-15.0-0 -···-·-· ...._o ..... %
$
- -..-···--·-·-·-----
p. P,-edicted Rent Trend
___S,:t;a:tj, c
--···-·····--------(next 6-12 months)
Bungal0ws at $Hl00
3. NEW CONSTRUCTION (pa.st ,r.) No•.....J.4_.._T,pe & Price 2-fam, $4000 How Selling SlGW"ly
HOLC Loans: 18 at $4.819 - W-i% in defa,llt - l at $3552 in :f'o;reol0s"Ure
4. O'VERHANG OF HOME PROPERTIES:
a. HOLC...3...~t $9829
b. Institutions
9
5. SALE OF HOME PROPERTIES (...J_,,-.)
a. HOLC..lu~:t_J5.J..6l......_ b. lnstitutions,_ _ l_ll. ·-··-·-·-
6. MORTGAGE FUNDS:__N_Q.~...--····-····· 7.a;fOTAL TAX RATE PER $1000 (19:.1+0) $_l3.l.-9L.__
b. Effective rate based on 5 sales $27.71
8. DESCRIPTION AND CHARACTERISTICS OF AREA:
Land is only 1% improved. This island (about 5 miles long) was the site . of a
very extensive and ambitious land development seheme in the middle 190O•s.
Streets were lo.j_d out and paved, other city facilities provided, a long and
modern Boardwalk (approx. 2 miles) pro•ided, a large and expensive hotel erected,
and an elaborate country club with golf course constructed. It never got to
j'irst baso and only o. handful of sco.ttered houses were erected. Lots wero
lost to the to.x collector and genero.l chaos resulted.
Some faint hopo is held
out for this comJr.unity because it is on the ocean (a.lthough the Boardwalk is
too close to high water mark) o.nd booo.use Brigo.ntino Blvd. brings it as near
or neo.ror to the cent0r of Atlo.ntio City as lowor Margate or Longport. A'.1.though
it enjoys tho lowest effective to.x ro.te in the entire area., the oity is bnnkrupte
Low
9, LOCATION._!~.t~ntino Beo.oh
SECURITY GRADE.......3.r.d... AREA NO-Q::9.-. DATE..4.-::l.d.i.O
•
•
AREA DESCRIPTION
Security M.ap oL¥e~!~ol!~an Atlantic Ci tY., . N, J •.
1. POPULATION:
b Clas• a-,J
nu
•
J
a. Increasing__ ..... _ _ _ _ _ _ Decreasin.&-g _ _ _ _ _ _...--. . _ Static .. Yes -
r-. ..,.,,,,..,,..,..,.
Mixed
skilled mechanics - store clerks,etc.-est
•.i.nc,800-1800
_ •.,_..
( f' ew m@ler)
\,Jt,;.. ""t' .....,.. _
c. Foreign Families
O % Nationalities--.............._..___.........- .... _ _ _ ......_............-
e. Shifting or ln1~:tratfon. _ _ _ _ _ _ _ __
2. BUILDINGS:
a. T-ype and Si:{e
PREDOMINATING
-----·-·-·-...............--·--·-- lOQ.....~
1-Fam. 5-8 rooms
-
_,Frame - Brick (few)
c.
_1.Q..2.!·_s~.-
d. Repair
OTHER TYPE
....... ..............·-··------
b. Construction
Average Age
d. Negro......JL_.f
- ---
.......................................... .........
... Good ......·-··· -- - 95<1-
e.
Occupancy
f.
0.uner«cUpjed
g.
1935 Price Brad,et
l.Z.fiXL.:=...1000......-
%change
$
h.
1937 Price Brac1~t
$ 2500.-.. 7500
.... o...... %
$
Ut4.0....................Price Bracket
$.2500 ..- .. 7500 ........_ .... o..... %
$
j.
Sales Demand
Fair :tm_:to
..·--··
.....-ct-,1500
~...................·--·
----··········..............
k.
Predicted Price ':'"'rend
(next 6-12 mcr.ths)
1935 Rent Brac1<et
.. Static __..........- ..- .....- ........._
i.
l.
m. 1937 Rent Bracket
·---------
%
---.........- ...- ......_
...._%.
____
$ 25.. -40 ....._._ %change
$
ichange
$25-®~-- ... {t .....%
$ ....- ...............- ......- ......_...
.............. %
$- .........................._..............
__ _____:!!_
.._o__~
n.
l94Q..._.__ _Rent Bracket
$25 - 40
o.
Rental Demand
.... Fa:ir...UP.to.......
$30
________
p. Pf'edict.ed Rent Tmid
-=S~ta=t-=i=c_ _ _ _ __
(next 6,12 months)
Single
3. NEW CONSTRUCTION (Jx.c.st yr.) 1'3P........l. ....._ T,pe & Price ~:a.ii:·.$aOOQ
...How Selling e.ln order
HOLC Loans·: 15 at $2217 - 33~ in default; 0 in foreclosure
a. HOLC~..+..0 at $4171 b. lnstitudon.s
4. OVERHANG OF HOME PROPERTIES:
__
- - -..........................
7
a. HOLC~.~....at.._$.?.9_~~-·- b. Institutions.......10 .........._.__
Scarce although
6. MORTGAGE FUNDS: FHA.._v.ri-1~....!.~~~~'faTOTAL TAX RATE PER $1000 (19?.l{L} $...,,,8=8.._..6<.:..7_ _
1::r~Effective rate based Qn 3 sales $31..92
8. DESCRIPTION AND CHARACI'ERISTICS OF AREA:
,_.
Land is approximately 3a%, improved.. All city facilitie~. This is a snw.1
development of the 1920 1 s which was not particularly successful. Although
most of the houses are of small modern type (a few of substantial size)
the area suffers from lack of easy access to Atlantic City ( see description
of Somers Point undGr D2) and consequently price levels are low and sales
difficult to make. If the area \Vore more convonicri.tly, · located it would
undoubtedly deserve a somewhat better rating.
5. SALE OF HOME PROPERTIES (..3...;yr.)
•
AREA DESCRIPTION
•
Security Map of Met~;E~litan Atlantic Ct._~ N.J.
1. POPULATION:
a. Increasing___. • - - - - - Decreasin•-------·-- Statie....Yes _
b. Class and Oc.,;up.1 tion_ Skilled labor - hotel help, ate .
Est. inc .$1000-2000 ·-···--
· Ranu·ues.·-···--··O % Nationalities·-·····-···-·-·····--·····-- ·- - - · ·······-······-······
c. Foreign
d. Negro....Q·-···-···%._
e. Shifting or Infiltratfan
2. BUILDINGS:
PREDOMINATING
b. Construction
-·~QmLl.r.i.c.lLmd.. stu.cco . ·--····--···········-····---
_..zo._
Average Age
·<>-yr"'-""s•.___ __
··-···-··--····-------·--
Fair
d. &paiT'
e.
OTilER TYPE
1. Fa.!l..,Jlixed._chieflX::_ 5 to 6 rooms mod,~~j; h0uses
a. T-ype and Size
c.
100 %
Occupancy
f. Owner-occupied
._._9rl}._ _ __
- - · - - - ·······-····-·-····-··--·--···
·-···· 69% ·--···--··· --····---
----·--···----
g.
1935 Price Braclcet
$15CO.. - ..4000 ····- %change
h.
1937 Price Dracket
$. 15CX) _- 4500 ·-·---
i.
l94Q__··--···Price Bracket
$1000.. - _4500 --·· ····-· 0 .. %
;.
Sales Demand
. Ve:r11 _:p~or
k.
l.
PTedict.ed Priet. T.,.end
(next 6-12 r.._ du)
1935 Rent Bracket
$15 .---35~--
m.
1937 &nt Bracket
$15 - 35,,_____
n.
l,9.4Q.. _ _..Rent Bracket
$...l5.-=._3:(3____
o.
&ntal Demand
....E.ai:i::...].1p....t.o._$2.5., _ __
····-0-·· %
- .$25CO._ tOJL.
.$.,__ _ _ ---·- - - ~
$
-~
---········--·-··----···-·-··-···-····-···-··--·-·----
p. Predicted Rent TT"end
....S.talic... _ _ _ _ _ __
(next 6-12 months)
3. NEW CONSTRUCTION (past :)'1'.) No.._l·-···--T'Jpe & Price BungaJ ow ·-·-How Selling _o:g ordeL_
HOLC LoEl):ls: :22 at $?..A:23 - 271, in default 2 at $2659 in foreclosure
4. OVERHANG OF H0ME PROPERTIES:
a. HOLC..?.Q_~~~ b. In.stitutions _45=---5. SALE OF HOME PROPERTIES (...3 ...,1r.)
a. HOLC-..___Q_·-····-·-- b. lnstitutions_,___ 27 ·······-·--
6. MORTGAGE FUNDS:J§IT_.§.g.~9-~-·- b. TOTAL TAX RATE PER $1000 (19.®...) $ 75.45 · - b. Effective tax rate based on 1.97 sales in the
8. DESCRIPTION AND CHARACTERIS11CS OF AREA: area $~ .25
.All facilities - Land is approximately 20 - 25% improved. The p.o rtion of this
borough Vlhich is developed lies fairly close to tho ma.ii.n Atlantic City and
Suburban Sh:>re Road. The terrain, al though flat and with only a :fair number
of trees , is not unattractive. Its chief disadvantage lies i n its distance
from Atlantic City and poor and comparatively expensive transportation..
The high speed electric .line runs to Atlantic City, but the daily return fare
is 34¢. Tl::e Linwood Country Cl ub - a golf course operated chiefly for the
benefit of mtel guests is the possible sito of a race tracli:i under the :recently
enacted racing law of the State. Attempts are being made in this direction
which, if successful, will undoubtooly affect the community at least to the
extent of increasing acti vity in business properties. Structures va:cy in
type from small fairly rr..odern homes to a mi xture of ol der dwellings of various
size and condition.
/
9. LOCATION.J?.?..r.Q...9.LLinv.ood
........ SECURITY GRADE........~r.~.. AREA
NOhS::-1:L
DATE...il~J. 4P
.
AREA DESCRIP11ON
Security Map of Metropolitan Atlantic City, N.J.
1. POPULATION:
a.
IncTeaSing_ _ _ _ _ _ _ _ .Decreasin------·-- Static.._Yos _
b. Class and Occupation
Skilled l:a_bo
__ r, hotel help, clerks, etc. est. income $1000-
c. Foreign Families__.Q_~
-
-
Nationalifiu_ · -- -
------·-··-··-······-·
$250(J{Fewrugner)
d. Negro._.. O ·- %
e. Shifting or lnfiltration. _ _ _ _ _ _ _ _ _=No=n=G · -- - - - - - - - - - - - - - -
2. BUILDINGS:
a.
PREDOMINATING
T,pe and Ske
b. Construction
100%
1 Fanily -. mixed chiefly 5-6 r...;o_o_m_s_ _ _ _ _ _ __
Frame - f ow br i~ and stucco
c. Average Age
_EQJrJ::S..__ _ _ __
d. Repan-
__ Fair-·-·-·-······
··----
e.
Occupancy
f.
Owner-occupied
g.
1935 Price Bradcet
i...l.5illL::-_.~--
1, change
h.
1937 Price Bracket
$.15CX) .- 45CX)
...
;j, •
19!:10..----·-·Price Bracket
;.
Saks Demand
k. Predicted Price ':'rend
(next .6-12 fJl.(,n,.-ns)
L
1935 Rent BT£:c1cet
..
~ 1500 - 4500
i~aha~
o_ %
$
___j~
.. o.._%
$
1,
Poor up to. $3500 ______
__ Static -··--···---·---
---····--········-··-·-·-·••·- - -
$ 15 - _;35 ·- - %chan~e
$
0
%.
n. 194:Q____ Rent BTacket
$.._l5_=...3Q_ _
0
%
o.
... Fai.r...up ... to __
BTacket
Rental Demand
······-··--·--············-···-··-···---
$
J_l5 .:.....3._5_ __
m. 1937 Rent
O'IHER TYPE
!~-------
---·--··-··--·---··---
p. Predicted Rent Trend
_S_t_at_i_c_ _ _ _ _ __
(next 6-12 months)
3. NEW CONSTRUCTION (past ,,-.) No.....1 .._.._T,pe & Price
:,a1
HOIC Loans: O
ow ...How Selling ..ili.L@rd.er
at 700
0
b. Institutions
75
4. OVERHANG OF HOME PROPERTIES:
a. HOLC
5. SALE OF HOME PROPERTIES (._Q_,,-.)
a. HOLC.____.Q_····-··--·- b. Institutions_ ..... 27 ·····-····---
6. MORTGAGE FUNDS:_§__Q..~9-.~.L~5?-.~---)7a.TOTAL TAX RATE PER $1000 (1@...) $~i➔6___
below b. Effective rate based on 4 sall.es
i!*-D'±.07
8. DESCRIPTION AND CHARAcrERISTICS OF AREA:
All facilities.. Land is 20 to 30 per cent improved. This town is quite
similar to Linwood·dl.though having th0 advantage of being somewhat nearer
to Atlantic City. and with one less carfate to that city. Tho portion 0f the
town v.hich lies between W.d.11 Boad and the Pleasantville Line is s0I11ewhat better
than that from Mill Road to too Linwood Line both as to houses and class of
inhabi tante and might deserve a C+ rating. Mortgage funds are vf:!ry scarce
Al though FHA will extend insurance to this area and in fa.ct are repoFtecl ta
have taken ovar2 properties previously insured. The Country Club Rf Atlan~tc
City - the major golf course for the use of Atlantic City year-round resid~tsis an attractive la.v-out and adds somewhat to the appeal of the section.
AREA DESCR1PTION
Security Map of Metropolitan Atlantic City• N.J.
1. POPULATION:
b. Class and O.:cupation
c.
r_,
•
r_,
Sraac__Yes __
a. Increasing____.________ Decreasinis--------··--
.,,_
White ~llar clerical, etc •. Es~.incame $1200-250.0_ _ _ __
0 %
roreign rarmwes.-··-·-
Nationalities--······-···---·--·-----···-··-···············
None
e. Shifting or Infiltration _ _
PREDOMINATil.JG _.100_1
2. BUILDINGS:
d. Negro...--9......~
OTHER. TYPE
a. T,pe and Size
1 Family 6-7 .rooms ·----
-·-··-··--·-··-------
b. Construction
Frame & few brick -stucco
- ·-·········-··--·-·-········ · - - - -
c.
15 yzs. -·---··---····-·-·
·--··--···--·----
Good·····-·------
-········-·-····-·····--·····--····- -
Average Age
d. RepaiT
e.
Occupancy
f.
Owner-occupied
g.
1935 Price Bradcet
·- 75% -·--·-·---·-·-·-·········----·-·$...2500:::.6.00,.._0_ _ %change
h.
1937 Price Bracket
$ 2500-65Q.O _ _
.......o._.. %
~--·------
i.
~··-··--···Price Bracket
$ 250p..650J) ____..........
····· 0.... 'I>
~
j.
Sales Demand
k.
Predicted Price Trend
9~ - - · - - · - - - - -
$
Faiy u12....to .j_450Q ----··S ti;!,tic -··-··-·-······-··-·-·--·--
(next 6-12 rMn:hs)
l.
-··--·-·-···--·-·------
1935 Rent Bracket
$
%change
$25 -. 45_·--····--· ...0 .....1'
$ ·----··-----·-···-·-····---
·······-·-
$,________________··-····--
$ 25_ - .~.---···--
m. 1937 Rent BTacket
-·--···--·---- ----
%change
n.
~~--·---·Rent Bro..cket
$25 - _,4=5_ __
o.
Rental Demand
.Good u;p to $35.·-·--·-····--····-··-
%
_S_t_a_t_ic_ _ _ _ _ __
Bungalows at
3. NEW CONSTRUCTION (past ~-r.) No....-.3----·-·•T'Jpe & Price - ~ o w Selling Ori order
BOLC Loans: 42 at $2890 - 21% in default; 3 at $4317 in f.6reclosure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC..?.J__at. $6,602.. b. 1nscitutions_._6_0 _ _
p. Predicted Rent Trend
(next 6-12 months)
5. SALE OF HOME PROPERTIES (._..3..zy,.)
a. HOLC..2_at..~58...._ b. lnstitutions_____.._.__lQ_ __
Scarce but FHA
6. MORTGAGE FUNDS:_Ylill..ins:ur.e...... 7a. TOTAL TAX RATE PER $1000 (1931.0.) $_...§§_.50_ _
b. Effective rate: based pn. 19 sail.es $51,.87
8. DESCRIPTION AND CHARACfERISTICS OF AREA:
..1
All city facilities - Land is approximately 30% improved., This is the best
pa.rt of Pleasantville ,"lllich is a :fairly active little community on its 0wn
account. This area is conparatively 1oodern: the ground is ~od and somewhat
elevated.. It has a good view of Atlantic City. Transportation t0 Atlantic
City is quite good and one of the two main arteries to the shore (Pleasantville Blvd-Black Horso Pike) is adjacent.
High
9. LOCATION__Q.:U_y_Qf. P]...s3J;t§.@.t.=-···· SECURITY GRADE.......~t9:·: AREA NO...Q:::!.iL
ville.
DATB.3/)J..¾{)
•
ARF..1\ DESCRIPTION
Security Map of..MetrQ.1'.}0lit.a."l Atlantic City, N.J,
1. POPULATION:
a. Increasing_ _ _ _ _ _ __
b. Class and Occupation __ .
c. Fc,reign Families ..__Q_'t?
e. Shifting
OT
a. T-ype and Site
b. ConstTUCtion
c.
Skilled labor - clerical, etc. Est,. income $1000-2400
NationaUtJes,_____
A\•erage Age
d. RepaiT
------·-··········-·-··-·
None
Infiltration
2. BUILDINGS:
Dccreasin&.------·····--- Static Ye~--
PREDOMINATING
----·--··-·····-·····-------
100 '1,
Frane - few brick-stucco
____
25 __- _30 yrs.
,.
.. Fair·---····--··--·-·--··-····-·--
Occupancy
-·~r;;d,_:-_ _ _ __
f.
Owner-occupied
..... &Yfo-···-------··-····--·········--···-·
g.
1935 Price Bradcet
$ .lf:00.. - . 4500
h.
1937 Price Bracket
$ .. lfDO
i.
19AQ.. _ _ Price Bracket
~-..150.Q ·t:__4500..-...... .. O.... %
j.
Sales Demand
.....Poor - $4,000._.t~p ····-··-
k.
Predicted Price 7'rend
l.
1935 Rent Brc:cket
m. 1937 Rent Bracket
n.
l9~--------Rent Bracket
o.
Rent.al Demand
p. Predicted Rent Trend
(next 6-12 months)
OTHER TYPE
One family - 5 18 rooms
-------'··---·-L·---·--·--··-
e.
(next 6-12 fflO'flt.;.i}
d. Negro...0 .._._%
Static
LJ::§.._-
$
-4500 ....._ .. Q_.. %
.--oo ••••••~.-...
$'----····-···-···-·-···--
~---·----
%change
$_15 : ....:;3.z..5_ _ _. ....•
o..._%
0
.. Fair ..UP to
%change
.-•---·-·······-·········-···········----
•·•-••H-OO•·•H--0••••••-••••.. •••·•••.. -
35 _ __
-··-····--····-····-····-·········-·----
%
$'---·-·-·-·················-·
$30~---
_§!;atic
------···-·----
3. NEW CONSTRUcnON (past ,,-.) N.9._.SJ.._._T-ype & Price
How Selling ___ IDLC Loans: 88 at $2027 - 24~ in defau.l t - 3 at $2,456 in foreclosure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC•._7J..-fil_ltt4...._Q.OOb. 1nstitutions__2,Z.Q...__.___
5. SALE OF HOME PROPERTIES (....~_,,-.)
a.
HOLC.... 5 ..at $2601 _
b
Institutions- ..-·-·-· 36 ·--··--·-·-
6. MORTGAGE FUNDS: Scarce············-·- 7a. TOTAL TAX RATE PER $1000 (19 1Q) $---.:§§J=50=·- b. Effective rate based 0 n 19 sales $51.187
8. DESCRIPTION AND CHARACTERISTICS OF AREA:
.All city facilities - Land is 10 to 15 per cent improved. While this city
is sanething of a coIIlllll.ll'li ty in itself with a shopping district and bank, it ..is
rurnost~ntbreI.y dependent on Atlantic City tod.czy-. One disadvantage was . the
cessation or railroad service by the consolidation of the Reading and PeM,
Railroad.' s lines to Atlantic City which now gpes through Absecon only. It
is still served by the high speed electric 1ine. Formerly there were several
manufacturing plants (Hosiery Mill, Plush Factory and Wash Rag Factory) which
gave enploymont to quite a number of the local residents. Th~~e have all been
closed since tho 11depression 11 with consequent loss 0f jobs. mu,s has ooen
one of the important reasons why distress properties ( small .v csidential) have
boon comparatively more numerous here than in any other part of t.lie Atlantic
City area. Being on one of the main arteries to Atlantic city (Pleasantville
Boulevard - Black Horse Pike) many of the muses offer 11 to"tu'ist. accommodations'!
9. LOCATION Ci tx of Pleasantvill(SECURITY GRADE.. _3rd..... AREA NO.....0.:-J..4...
DA~LlUO
AREA DESCRIPTION
Security :Map of Metrop<?litan.. At~.antic Ci~' N•.J.
1. POPULATION:
a. lncrea.sing __· · · · - - - - - - Decreasi,'-li---------- Statu:_Ye.§._
b. Class and Occupation-1@..xed. skilled labor, . clerical, etc 9 -est. income $..lO~Q___
c. Foreign Fa.milies.._Q_~
Natumali tie
........
s ---··········---·------·······-·-·-·········
d. Negro.......Q...J
e. Shifting or lnfiltration _ _ _ _ _ _ _ _ .__N_0_n_e_ _ _ _ _ _ ···-..··--······..- - - - -
2. BUILDINGS:
PREDOMINATINO .J.00 %
a. T :YPe and Size
l Fanily -_5-8 rooms·
b. Construction
Frame and stucco
c.
Average Age
__1g__;y_r_~.~----····--·Fair
d. Repair
e.
Occupancy
f. Owner«cUpied
011-IER TYPE
-·~-~----
g.
1935 Price Bradcet
·-·-Bo%----··----··-····-·-·$ 30CO-G0~0~0__ %change
h.
1937 Price Bracket
$ _pQ(X)-6000 ··--·-··-
..... 0
%
$
%
i.
J.940....·---····Price &racket
$ IDCXH)OOO.._..............
....... o__ %
$
%
j.
Sales Demand
_JaiJ• up to ... ~,500 __.____._
k.
Predicted Price '::rend
(next 6-12 moatn.s)
1935 Rent &racket
....S..t.at.i.(L_.................
1.
m. 1937 Rent Bracket
$..25...~ 4,.....5..___ _
%change
$
~ng_~
$~----------
~.Z.5...:!!~ 45
_ __
$.......................
$···----·---·----
n.
J.940____._Rent &racket
t?.5..:::...45.___ ._...Q_;~
o.
Rental Demand
.... Goodup t<L$4Q _ __
p. Predicted Rent Trend
__Stat.=·""-------(next 6-12 months)
3. NEW CONSTRUCTION (txut :11,) No..........Q___T-,pe & Price
-
How Selling _ _ _ __
in defaru t - O in foreclosure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC~?:._at $6075
b. Institutions _ _1=5-<---HOLC Loans: 4 at $2611
-i.r;o
5. SALE OF HOME PROPERTIES (..3...$.)
a. HOLC....._... 0 · - - - b. lnstittaions _______ _?.8_ __
89.20
b.effective rate based on 197 seles throughout
8. DESCRIPTION AND CHARACTERLSTICS OF AREA:
entire area $49.95
6. MORTGAGE FUNDS:_.~?.,I'Ce
7a. TOTAL TAX RATE PER $1000 (19.'40.) $.
All city facilities - Land is approlti.mately 60% improved.. This is a small
development lying between the Pleasantville :Boulevard and Lakes Bey ancii. is the
nearest of the mainland communities to Atlantic City. It was a developmeflt
of the 1920 1 s for which great hopes wore entertained and a few very expensive
homes ($50t000 and up) wore erected on the ioke· fr.ont·. neares.t::to· .!lil.anti~ City.
Practically all of the other structures are of moderate to small size and q_ui te
modern. They have lost any "boom value" and ~ are now being used for
"tourist accorrnnodations 11 •
9. LOCATION....!~st Atlantic C!~Y.:. SECURITY GRADE.....~~9:..... AREA No-.Q::J..§_
DAT£1LU.'¥J
•
•
AREA DESCRIPTION
Security Map of
1. POPULAT1ON:
MetrQ-poli tan Atlantic City, N.J.
a. Increasing _ _ _ _ _ _ ______ .Decreasing _ _ __
b. Class and Occupation
_ _ _ Sratic Yes
Labor - ho tel employees, etc. Est. income $500-1000;;:..__ _
C'
•
C'
.,,,.
c. coreign
ran1mes
______%
_ Nationatiti"es.-----····---·--··--···-·--·-···----·--···-·
e. Shifting
OT
Infiltration _ __
2. BUILDINGS:
a. Type and Size
Average Age
d. Repair
e. Occupancy
%
None
---------·---------·-··-··-·-········-···
OTHER TYPE
PREDOMINATING -~ %
1 f am. no stly 4-6 room row
houeae
b. Con.stTuction
c.
d. Negro....100
Mixed-converted 2-3 fam.,
also large multiples
Brick .. and fraro.=e,_ _ __
-~=-~-.ye=ar:=s
. . . _ __
- 3 5 ~ ~ s ··-----.Em__:to__:v.:en...p_QQ.r...._.____
_____Jf.ai.r._.t.Q....Y§.r.~.J).QQJ'___
80%
--80%···-··--····---
f. Owner-occupied
---~--·----
g.
1935 Price Bracket
!1000...:::__3.00G_._ %ch.inge
h.
1937 Price Bracket
$ 1000.. - 3000___···
.....o.. %
$1000 - 4000
i.
.1.'~10--·-···-·-·P-rice Bracket
~-3::000 - 3000
__o
$ 1000 - 40Q.Q.__
j,
Sales Demand
k.
·-·-····--Static........__.. ___
l.
Predicted Price Trend
(next (5..12 m.:ir.ths)
1935 Rent Bracket
m.
1937 Rent Bracket
$15 - 25
+7 %.
$ 15.. - ..25 ····--··!·'.····~-· ··-··· 0 _fo
n.
.l~,1Q___··-··-Rent Bracket
$ 15. - 25 -··---
·G %
$_15. - ..25······-·····~~....~!.. _J~
o.
Rental Demand
Fair._if....in.~orui._shaPLJ.5.
..
...%
Poor .~.to $2,000
_ Poor - di ffi~~e:$~~
Static
--·
•·•- ..···-·--·····•-·••···-·--·-·---
$ 15 - 25 per flat ~haflge
p. Predicted Rent Trend
. St.ati c
(next (5..12 months)
3. NEW CONS1RUCTION (past ,,-.) No.......0..._._Type & Price
HOLC Loans: 106 at $2656 - 39% in defaru t
..w..r_y.p_.w.__.~0.....P13.r__~
.--5..tati_ _ _ _ _ __
.-
·-..Row Selling _______
1 at $3765 inforeclosurer
4. OVERHANG OF HOME PROPERTIES:
a. HOLC..~4-~-···$.4....1.3.Q3.. b. Jnstitutions ____3._7,'-"5;__
5. SALE OF HOME PROPERTIES (._..3..yr.)
a. HOLC.J_:3_..i~t -~7.Q.Q_ b. Institutions ..•.- ........_ 75 ···--·-
6. MORTGAGE FUNDS: __ Jm19...·-··--··-· 7a. TOTAL TAX RATE PER $1000 (19.40-) $._fil>.1£--'-*0.Effcctive rate based 0 n 95 sales $38,o9i· *
8. DESCRIPTION AND CHARACTERISTICS OF AREA:
.All city facilities~ Land is approximately 90 per cent improved. This section
runs from the center of Atlantic City to its 11back stretches."
Its structures,
\lhich are mixed in character, are on the average of substantial age, and many
represent either minimum shelter or are no longer fit for human habitation.
Being entirely neg:ro, the main occupation of its inhabitants is service lll. the
hotels and boarding houses. Many are on relief - particularly during 11 off
season" · months. There is in operation in this area (Illinois, :Baltic,
·
Kentucky, .Adriatic Aves.) a low cost housing enterprise for neito occupancy only.
While Atlantic City has no greatly congested slums such as ~e ;found li.n larger
cities,nevertheless this development has replaced. structures unfit for human
habitation. Reports iniicate it is :OOing.well managed and is s~ccessf'ill:. in
having accomplished its purpose. lt is stated th.1.t average rentf3 per room
(including utili tios) which started at $7 .20 per month are now about $5.85.
This area suffars greatly from vandalism in unoccupied structures.
* Does not include sewer which is a private utility.
9. LOCATION.... Atlantic Ci~--·-······ SECURITY GRADE..A;~h.... AREA NOk.l.._ DATfrlfJJ.$!
•
AREA DESCRIPTION
Security Map of Metropolitan Atl~tic _City. N.J.
1. POPULATION:
a. Increasing__________ Decreasing_ _ _ __ _ _ _ Static __¥,~~-
b. Class and Occup:ttion Skilled Mechanics - fishermen -Est,.income $700-~J2.00. ____
c.
~ .
F, -1,.
0 %
roreign ami~s---··-··-
Natio11alities----·-···-·--·-·---------
d.
Negro_. __Q_~
e. Shifting or lnfiltTatfan _ _ _ _ _ _ _ _ _ _-=.onQ.__.
2. BUILDINGS:
PREDOMINATING .. lQ~
a. T,pe and Site
1 Fam - 5-6 rooms --·--
b. Construction
Fra:ne and some brick and stucco
c.
Atll?Tage Age
cl. Repair
e.
Occupancy
f. Owner-occupied
g.
1935 Price Bracket
h. 1937 Price Bracket
-95~·--------
--···-····-·--·-····-·--··----
·····-75% _ _
~-15.00...~6QQQ.__ %change
$
~ 15.Q0-.. 6000.___
$_ _._ _ __
.... O .%
6<?Q2.._ .., ....9..__ %
~-1500 -
j,
Sales Demand
__.Very_ poor $?.Q.QQ_.. j;.QJ?____•
k.
Predicted Price T;end
{next 6-12 mont!u)
1935 Rent Bracket
$
. S tutic _·--····--···---··-··-$...J,~.5.0_:=:_~5, 00
ll?.....50-=...-3Q...OO...
n.
.l.~®-·-··-=:ent Bracket
$12.50 -
o.
Rental Demand
....Fairup
p. Predkted Rent TTend
(next 6-12 months)
---··· ··-··-------
Fair
··--··--·-··----
l .~ ~···--·-Price Bracket
m. 1937 Rent Br£U:ket
---···--------
30 Years
i.
l.
OTHER TYPE
35.00
%dtange
o %.
0
%
$··-··-··-----
~$20.----"._oo_ _
Static
-----------
3. NEW CONSTRUCfiON (past 'JT.) No......9......_T-ype & Price
How Selling
0
HOLC Loans: 19 at $1709- 37% in default - O in foreclosure
4. OVERHANG OF HOME PROPERTIES:
a. HOLC-8_a1i_$.4'.l.83_ b. lnstitutions~5. SALE OF HOME PROPERTIES (__..3.~.)
a. HOLC·--·-···0..,__ _ b. lnstitutions_.___JJl_......_
6. MORTGAGE FUNDS:_..N.one.... _ _ 7a. TOTAL TAX RATE PER $1000 (19~-> $ 88,67
b.EffectivG rate based 0 n 3 sales $31.92
8. DESCRIPTION AND CHARACTERISTICS OF AREA:
Land is approximately 30 -per cent ~mproved. All city facilities. This is an
old fishing settlement with few if1-any attractions. ID't is connected with
Atlmtic City by guod roa:ls and by high speed electric. The distance (approximately 10 miles) from Atlontic City and expense of getting there makes it
undesirable for rorkers in that city. it lies directly a.cross Great F,gg
Ifurbor from Ocean City and is cormected therewith by a broad .highway and
causeway. .As Ocean City is a 11B:ry 11 to\-m a number of taverns, irms oo.d night
clubs are located in this central area of Som~s Point primarily to cater to
residents and visitors of Ocean City. With th~ exception of a few somewhat
large houses the structures ore 0 f very modest ~ype -:- largely bungalow or
semi-bungalow in very low price ranges, and occe,sionally there are sales
even below the mininrum given in the tabulation a\)ove.
9. LOCATION_.... Somers Point
..... SECURITY ORADE.._i~~·- AREA NO...Jc?....
DATF.1./..lL@
AREA DESCRIPTION
Security Map of
1. POPULATION:
Metro;e~~ tan Atlantic City, N. J.
a. Incr~ng____· · - - - - - - Decr~n•~------···--- Static
b. Class and Occu~'Ltion
Labor and hotel help ,_ est,income - relief to
Nationalities,_ __
---------··-···-··········
e. Shifting or Infiltration. _ _ _ _ _ _ _ _ __,.N=o=n~e
2. BUILDINGS:
PREDOMINATING
Yes
$1000.
d. Negro. 100
---····--·-····----
100%
OTHER TYPE
a. T:ype and Si~e
1 FanilL.::5-6 ..rooms - 2 _story - bungalows,_ _ _ _ __
b. Construction
~~§)_
c.
Ave,-age Age
?.5 ye()I'S
d.
Repair
Poor·-------
e.
Occupancy
m_. .
f. Owner-occupied
(fe~ stucco)_.__
$].000 -3.QQQ.._
%change
h.
1937 Price Bracket
:$.J.QQQ..~....3QQO_....-...
······Q·-·-·~
i.
19.40-·····-···-···Price Bracket
$),.QOO - . 3000.........
......0 ·-·· 'lo
;.
Sales Demand
..F@r to poo.r.....$.?..00.Q__J;QIL
l<..
Predicted Price Trend
(next 6-12 monw)
1935 Rent Bracket
_Static··-·····-······------
m. 1937 Rent B,-acket
$10..-_20
n. 1940
$10 ... 20.,_
·. - -
o.
·-····---··-···············-·····-··-··---
501 ·-····-··········-······-·-··-·-··· ··-·--····
1935 Price Bradcet
__ Rent Bfacket
-··-······-···········-··--····-·----
---··--···-······-···---
g.
L
~
-·---
$ ···-·-···········-·-···--····'"••··
............... ii,
Rental Demand
Pw.iict.ed Rent Trend
Q.°ta=t=i=c_ _ _ _ _ __
(next 6-12 months)
3. NEW CONSTRUCTION (past ,r.) No... _....Q.____Type & Price _ _ _ _ _ How Selling _ _ _ __
HOLC Loans: 49 at $2249 - 27% in defaw.t - 2 at $2003 ·in foreclosuxe
4. OVERHANG OF HOME PROPERTIES:
a. HOLC.-.l1La..t..J.3.6.7a. b. lnstitutions ___:3.0..----·-p.
5. SALE OF HOME PROPERTIES (....3..sr.)
6. MORTGAGE FUNDS:_~Qne
a. HOLC._....i.~t.....$~3.Q.._ b. lnstitutions__••---.:-:-9__
....... ?a.TOTAL TAX RATE PER $1000 (19!0..) $ . 66.50
b.Effective rate based 0n··l9 sales $51.87
8. DESCRIPTION AND CHARACTERISTICS OF AREA:
.All facilities - land is approximately 30 percent i}¥0ved.
This is an old.
di strict - not very closely built up with small frame structures of poor type
and condition. Tho inhabitants (all negro} are for tho most pa.Pt dependent on
relief with the addition of such odd jobs as can occasionally be found in
Atlantic City.
. LOCATIQN_City of PleasantyIDESECURITY GRADE._!~~··· AREA
9
No..R:;3_ DA~l!Jjp
