307 Atlantic Ave Atlantic City, NJ 08401

$649,000
307 Atlantic Ave, Atlantic City, NJ 08401
Call 866-441-4349
470382

Multi-Family Home for sale in Atlantic City, NJ

for $649,000. The lot size is 38.72x100.

Property Information

  • $649,000
  • Multi-Family
  • Multi Units
  • Active
  • Lot size of 38.72x100
  • Atlantic City, NJ
  • North Inlet Neighborhood
  • Atlantic County
  • MLS/Web ID is 470382

Description

12 unit apartment. Walking distance to Revel, Showboat, Absecan Lighthouse, Gardner's Basin, Atlantic Ocean, Boardwalk, and Inlet. Public transportation a few blocks away. Construction moving along on a total of 12 units, 6 one bedroom, 6 two bedroom. Everything being replaced including windows, front facade, roof, PVC fence, sidewalks, fire escape, plywood floor, plumbing, electric, and utilities. Collect your rent without a lot of ongoing repairs. Perfect for 1031 tax exchange or investment property.

Interior 3

Basement

  • Full
  • Masonry Floors/Walls

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 4

Community Amenities

  • Boardwalk

Land Improvements

  • Curbs
  • Sidewalks

Separate Utilities

  • Electric Meters

Siding

  • Brick

Miscellaneous 1

Maintenance Fee Includes

  • Property Management

† Excluded Feature

Listed By

Listing Agent: NATHAN CHAIT
Broker: Atlantic City - WEICHERT, REALTORS® - The Asbury Group

307 Atlantic Ave, Atlantic City, NJ, 08401 is a Multi-Family Home for sale at $649,000 with a lot size of 38.72x100. The property's zip code is 08401 which is in Atlantic City, NJ

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Pricing History

Date Price Price Change Description
7/13/2016 $649,000 -30.96 % Price Change
7/13/2016 $940,000 Price Change
6/27/2016 $940,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Atlantic City $319,045 51 % below $182,500 72 % below
Multi-family listings in Atlantic City $332,072 49 % below $232,000 64 % below
Sold listings in Atlantic City $92,825 86 % below $74,500 89 % below

Get the facts about Atlantic City, NJ!

Population 37,943
Population Growth (since 2000) -6 %
Median Income $29,904
Median Age 37.54
Households w/ Children 30 %

Residential Dwellings

  • Owned 4410
  • Vacant 3887
  • Rented 10541

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