17 North Sovereign Avenue

Atlantic City, NJ 08401

$555,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

For all investors 4 units apartments, well maintained, fully occupied, big yard and large deck. All separate utilities. Close to the boardwalk, shopping, and to the Stockton University. Great income! 10% cap rate.For all investors 4 units apartments, well maintained, fully occupied, big yard and large deck. All separate utilities. Close to the boardwalk, shopping, and to the Stockton University. Great income! 10% cap rate.
  1. Listed by RIVKA NAGEL • BHHS FOX and ROACH-Margate

Property Details for 17 North Sovereign Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
None
Waterfront (Y/N)
No

Location

Listing Courtesy of BHHS FOX and ROACH-Margate
Add your commute
LISTING UPDATED: 05/13/2024 02:03 PM

Property Details for 17 North Sovereign Avenue

StatusActive
MLS #585140
Days on Market19
Taxes$9,358 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built1900
Lot Size33.00 AC / 1,437,480 SF
CountyAtlantic County

Location

Listing Courtesy of BHHS FOX and ROACH-Margate
Add your commute

Building Information for 17 North Sovereign Avenue

Stories-Residences4Year Built1900Building Size-Lot Size33.00 AC / 1,437,480 SF

Payment Calculator

$3,809 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,029

Property Taxes

$780

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 17 North Sovereign Avenue

Summary
Location and General Information
  • Address: 17 N Sovereign Ave
  • Address Direction: N
  • Address Number: 17
  • Address Search Number: 17
  • Address Street: Sovereign
  • Area: Atlantic City
  • County: Atlantic
  • Directions: On Ventnor Ave turn right toward the bay on Sovereign.
  • Fips Code: 34001
  • Location: Boardwalk Area
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Owner
  • Owner: Iqbal Hussain
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 05-13-2024
  • Tax Year: 2023
  • Taxes: 9358
Property
Lot Information
  • Approved Short Sale?: No
  • Block #: 263
  • Lot #: 68
  • Lot Dimensions: 33X100
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 0
  • Estate Y/N: No
  • New Construction: No
  • Total Assessment: 224300
  • Water: Public
  • Year Built: 1900
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Deck, Sidewalks
  • Siding/Exterior: Vinyl
  • Storms/Screens: Combination, Insulated Glass, Storms
Interior Features
  • Appliances: Gas Stove, Refrigerator, Self Cleaning Oven
  • Basement: 6 Ft. or More Head Room, Finished, Full, Heated, Outside Entrance, Plumbing
  • Heating: Gas-Natural
  • Other Rooms: Dining Area, Dining Room, Eat In Kitchen, Great Room, Kitchen, Living Room
Multi Family
Multi-Family Information
  • # of 1 Bedroom Units: 1
  • # of 2 Bedroom Units: 2
  • # of 3 Bedroom Units: 1
  • Annual Taxes: 9358
  • Limited Service (Y/N): No
  • Number Of Units: 4
  • Owner Occupied (Y/N): No
  • Rental Information: 100 Percent Occupancy
  • Separate Meters: Electric, Gas, Heat
  • Suitable For: Multi Family + Rooms
  • Total Income: 56000

Property History for 17 North Sovereign 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 17 North Sovereign Avenue

Taxable ValueLand$38,200Additions$224,300Total$262,500
Tax Record2022$9,915 ($826 / month)
Home Facts
Baths4Total Finished SqFt1,756 SqFtAbove Grade Finished SqFt1,756 SqFtStories2Lot Size3,302 SqFtStyleSingle Family ResidenceYear Built1900ZoningR-2CountyATLANTICAPN02 00263-0000-00028

Schools near 17 North Sovereign Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Sovereign Ave School
PublicPK to 8

Atlantic City High School
Public9 to 12

Our Lady Star Of The Sea Regional
PrivatePK to 8

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

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17 North Sovereign Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on May 13, 2024 by BHHS FOX and ROACH-Margate, it's currently listed at $555,000. It has been on the market for a total of 19 days and was last sold on February 19, 2015. This listing's school district is Atlantic City Public School District. Nearby schools include Sovereign Ave School, Atlantic City High School and Our Lady Star Of The Sea Regional. 17 North Sovereign Avenue is a 0-bed, 0-bath, 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 BHHS FOX and ROACH-Margate

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.