531 Melrose Ave Ave Atlantic City, NJ 08401

$27,500
531 Melrose Ave Ave, Atlantic City, NJ 08401
512046

Single Family Home for sale in Atlantic City, NJ

for $27,500 with 3 bedrooms and 2 full baths. The lot size is 19.4x100.

Property Information

  • $27,500
  • 3 Bedrooms
  • 2 Full Baths
  • Single Family
  • 2 Story
  • Active
  • Lot size of 19.4x100
  • Atlantic City, NJ
  • Bungalow Park Neighborhood
  • Atlantic County
  • MLS/Web ID is 512046
  • Price Reduced

Description

Fixer Upper in Good Location, May be rented out for $1, 300 month. After purchase and renovations This property may bring a cap rate of up to 20%. Great investment deal if you are looking to fix and rent.

Interior 2

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 4

Exterior

  • Deck

Fence

  • Fenced Yard

Land Improvements

  • Curbs
  • Sidewalks

Road Frontage

  • Paved

† Excluded Feature

Listed By

Listing Agent: Silvette Rivera
Broker: Atlantic City - WEICHERT, REALTORS® - The Asbury Group

531 Melrose Ave Ave, Atlantic City, NJ, 08401 is a Single Family Home for sale at $27,500 with a lot size of 19.4x100. 531 Melrose Ave Ave has 3 bedrooms and 2.0 baths. The property's zip code is 08401 which is in Atlantic City, NJ

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Pricing History

Date Price Price Change Description
11/12/2018 $27,500 -8.03 % Price Change
11/12/2018 $29,900 Price Change
10/2/2018 $29,900 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Atlantic City $349,014 1,169 % above $184,900 572 % above
Single family listings in Atlantic City $273,144 893 % above $174,500 535 % above
Sold listings in Atlantic City $92,825 238 % above $74,500 171 % above

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

Similar Listings

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or Call us at 1-800-839-1363