120 North Congress Avenue

Atlantic City, NJ 08401

$389,900
Price
Beds
1,908 Sq. Ft.
$204 / Sq. Ft.
1,908
Sq. Ft.
$204
per Sq. Ft.

Description

Income producing Duplex, renovated from the drywall down to the electric, and from the kitchens and baths down to the flooring; conveniently located near Atlantic City’s beaches and casinos. Each unit features 3 bedrooms, 1 bath. One unit is rented for $2,175 per month and the other for $2,125 per month. Tenants are on time with the rent and would like to stay. Other options available to the savvy investor are to live in one unit and rent out the other, or to utilize as an AirBnb. Pictures are from...Income producing Duplex, renovated from the drywall down to the electric, and from the kitchens and baths down to the flooring; conveniently located near Atlantic City’s beaches and casinos. Each unit features 3 bedrooms, 1 bath. One unit is rented for $2,175 per month and the other for $2,125 per month. Tenants are on time with the rent and would like to stay. Other options available to the savvy investor are to live in one unit and rent out the other, or to utilize as an AirBnb. Pictures are from before tenants moved in.
  1. Listed by Elaine C Gulliford • HomeSmart First Advantage Realty
    P: 6092066313 elainegulliford1@gmail.com

Property Details for 120 North Congress Avenue

Tax ID Number
02-00308-00011
Ownership
Fee Simple
Structure Type
Detached
Style
Other
Waterfront
No
Views
City
Garage
No
Expected On Market Date
05-09-2024

Location

Listing Courtesy of HomeSmart First Advantage Realty
Add your commute
LISTING UPDATED: 05/28/2024 08:39 PM

Property Details for 120 North Congress Avenue

StatusActive
MLS #NJAC2012312
Days on Market23
Taxes$4,484 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.04 AC / 1,625 SF
CountyAtlantic County

Location

Listing Courtesy of HomeSmart First Advantage Realty
Add your commute

Building Information for 120 North Congress Avenue

Stories-Residences2Year Built1900Building Size-Lot Size0.04 AC / 1,625 SF

Payment Calculator

$2,502 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,128

Property Taxes

$374

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 120 North Congress Avenue

Location
Location
  • School District Name: ATLANTIC CITY SCHOOLS
  • School District County ID: 300200396906
  • SchoolDistrictSource: Listing Agent
  • County: ATLANTIC
  • MLS Area: Atlantic City (20102)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $125,800
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $87,800
  • City Town Tax: $0
  • Land Assessed Value: $38,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RM-1
  • Tax Lot: 00011
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water, Sewer
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
  • Units Leased Count: 2
  • Number Of Units Vacant: 0
Financial Information
Financial Information
  • Annual Rental Income: $51,600
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 1,908.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 25.00 x 65.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 3303481
Parking
Parking
  • Type Of Parking: None
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Ductless/Mini-Split, Window Unit(s)
  • Cooling Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: NEXUS Association of Realtors

Property History for 120 North Congress Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 120 North Congress Avenue

Taxable ValueLand$38,000Additions$87,800Total$125,800
Tax Record2022$4,751 ($396 / month)
Home Facts
Beds0Total Finished SqFt1,908 SqFtAbove Grade Finished SqFt1,908 SqFtStories2Lot Size1,625 SqFtStyleSingle Family ResidenceYear Built1900ZoningRM-1CountyATLANTICAPN02 00308-0000-00011

Schools near 120 North Congress Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Uptown School Complex Elementary School
PublicPK to 8

Atlantic City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

120 North Congress Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on May 9, 2024 by HomeSmart First Advantage Realty, it's currently listed at $389,900. It has been on the market for a total of 23 days and was last sold on June 10, 2022. This listing's school district is Atlantic City Public School District. Nearby schools include Uptown School Complex Elementary School and Atlantic City High School. 120 North Congress Avenue is a 0-bed, 0-bath, 1,908 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart First Advantage Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.