325 Atlantic Ave Atlantic City, NJ 08401

$199,000
325 Atlantic Ave, Atlantic City, NJ 08401
496775

Property Information

  • $199,000
  • Commercial
  • Apartment Building
  • Active
  • Atlantic City, NJ
  • North Inlet Neighborhood
  • Atlantic County
  • MLS/Web ID is 496775

Description

Great cash flow. Chinese restaurant on bottom floor with 3 units upstairs.One 1-bedroom, plus 2- two bedrooms. 100% occupied.. Building is well maintained. All City and State inspections are current. Across the street from future subdivision, down the block from reopening of Ocean Resort Casino ( former Revel, Borie development with partner Shaquille O'Neil, and walking distance to Hard Rock Casino All opening in 2018 Anxious Owner just reduced price $10K.

Interior 3

Heating System

  • Gas
  • Hot Water Heater: Gas
  • Radiators

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 2

Siding

  • Brick

Waterfront Description

  • Inlet

Miscellaneous 1

Location

  • Business District

† Excluded Feature

Listed By

Listing Agent: Nathan Chait
Broker: Atlantic City - WEICHERT, REALTORS® - The Asbury Group

325 Atlantic Ave, Atlantic City, NJ, 08401 is a Commercial Property for sale at $199,000. The property's zip code is 08401 which is in Atlantic City, NJ

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Pricing History

Date Price Price Change Description
5/29/2018 $189,000 -5.03 % Price Change
5/29/2018 $199,000 5.29 % Price Change
12/16/2017 $189,000 -5.03 % Price Change
12/16/2017 $199,000 Price Change
11/7/2017 $199,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Atlantic City $316,435 59 % above $175,000 12 % below
Commerical listings in Atlantic City $683,068 243 % above $375,000 88 % above
Sold listings in Atlantic City $92,825 53 % below $74,500 63 % 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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