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2407 Arctic Avenue Atlantic City, NJ $ 549,000
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$ 549,000 Get more info
2407 Arctic Avenue
$ 549,000
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2407 Arctic Avenue

Atlantic City, NJ, 08401
$ 549,000
Baths0.0 Sq 3,412

Monthly Estimate*

$ 3,649

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Studio

Commercial Property for sale in Atlantic City, NJ

for $549,000. This 3,412 square foot building was built in 1920 on a lot size of 0.04.

Investors, prime mixed-use property for sale! Located close to White House Subs and Formica's Bakery. Ground floor operates as commercial laundry business with $1,000 rent/month. Additionally, there are two apartments 3 BEDS/unit on the upper floors. Fully occupied with $1,200 rent/month for each apartment. Separate utility meters, except water. The property is being sold strictly in "as is, where is" condition. Don't miss this opportunity!

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Commercial Active

Price

$ 549,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,415

Style

Apartment Building

Lot Size

0.04

Year Built

1920

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

NJAC2011028
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Street Suffix AVENUE
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession Immediate
Zoning NC-1
Construction Materials Frame
Year Built 1920
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Municipality ATLANTIC CITY
Business Type Apartment Building
Accessibility None
County ATLANTIC
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City ATLANTIC CITY
Buyer Agent Compensation 2.5
Total Units 0
MLS Area Atlantic City (20102)
Lot Size Square Feet 1873.00
Waterfront Y/N N
Street Name ARCTIC
Tax Annual Amount 7415.0
Price Per Sq Ft 160.9
Vacation Rental Y/N N
Days on Market 107
Standard Status Active
Year Built Source Assessor
Tax Lot 00047
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 3412.00
Lot Dimensions 25.00 x 75.00
Lot Size Acres 0.04
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 37500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 2407
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* Excluded Features
List By
Kw Jersey/Keller Williams Jersey

Broker

anastasia.tran723@gmail.com

Email

Affordability Calculator

$4,267
Per Month
86%
14%
0%
Monthly Principal & Interest
$3,649
Monthly Property Taxes
$618
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/18/2024$549,000 Listed Price

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2407 Arctic Avenue, Atlantic City, NJ, 08401 is a Commercial Property for sale at $549,000 with 3,412 sqft and a lot size of 0.04. 2407 Arctic Avenue is a studio with 0.0 baths and was built in 1920. The property's zip code is 08401 which is in Atlantic City, NJ

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