129 North Morris Avenue

Atlantic City, NJ 08401

$599,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Open House Sun 4/07 1-4pm! Presenting a rare opportunity to own a multifamily gem in the heart of Downtown Atlantic City, NJ. This property boasts six units, offering both convenience and comfort in a sought-after location. The five, one bedroom apartments each features 1 bdrm, 1 bath, kitchen and living room space. The one studio apartment is spacious. This property sits on a prime corner lot, nestled in the heart of Atlantic City. Residents will enjoy unparalleled access to an array of amenities....Open House Sun 4/07 1-4pm! Presenting a rare opportunity to own a multifamily gem in the heart of Downtown Atlantic City, NJ. This property boasts six units, offering both convenience and comfort in a sought-after location. The five, one bedroom apartments each features 1 bdrm, 1 bath, kitchen and living room space. The one studio apartment is spacious. This property sits on a prime corner lot, nestled in the heart of Atlantic City. Residents will enjoy unparalleled access to an array of amenities. From trendy restaurants, bustling casinos, to the scenic waterfront, everything is just steps away. A quick drive will take you to the pristine shores of Ventnor City Beach & city. High Demand Area: With its central location and diverse unit offerings, the property is primed for high occupancy rates and steady rental income. Growing Market: Atlantic City continues to attract both tourists and residents alike, making it a promising investment destination with potential for long-term appreciation. Don't miss out on this exceptional opportunity to invest in a multifamily property that perfectly blends location, functionality, and investment potential. Whether you're a seasoned investor or looking to start your real estate portfolio, this Downtown Atlantic City gem promises to deliver on all fronts.
  1. Listed by Tara Plaza • eXp Realty - Jackson

Property Details for 129 North Morris Avenue

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

Location

Listing Courtesy of eXp Realty - Jackson
Add your commute
LISTING UPDATED: 04/02/2024 04:27 PM

Property Details for 129 North Morris Avenue

StatusActive
MLS #583705
Days on Market28
Taxes$9,626 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built-
Lot Size15.00 AC / 653,400 SF
CountyAtlantic County

Location

Listing Courtesy of eXp Realty - Jackson
Add your commute

Building Information for 129 North Morris Avenue

Stories-Residences6Year Built-Building Size-Lot Size15.00 AC / 653,400 SF

Payment Calculator

$4,071 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,269

Property Taxes

$802

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 129 North Morris Avenue

Summary
Location and General Information
  • Address: 129 N Morris Ave Ave
  • Address Direction: N
  • Address Number: 129
  • Address Search Number: 129
  • Address Street: Morris Ave
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Corner of Fairmount and Morris
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 04-01-2024
  • Tax Year: 2023
  • Taxes: 9626
Property
Lot Information
  • Approved Short Sale?: No
  • Block #: 346
  • Lot #: 1
  • Lot Dimensions: 15.56X80
Property and Assessments
  • Associated Document Count: 2
  • Doc Timestamp: 04-01-2024
  • Improved Value: $210,000
  • Land Value: $60,000
  • Total Assessment: 270000
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Outside Features: Curbs
  • Siding/Exterior: Stucco
  • Storms/Screens: Combination
Interior Features
  • Appliances: Gas Stove, Refrigerator
  • Heating: Baseboard, Electric
Multi Family
Multi-Family Information
  • # of 1 Bedroom Units: 5
  • Annual Taxes: 9626
  • Limited Service (Y/N): No
  • Number Of Units: 6
  • Separate Meters: Electric, Gas, Heat, Hot Water, Cooling, Cable TV, Sewer, Water

Property History for 129 North Morris 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 129 North Morris Avenue

Taxable ValueLand$60,000Additions$210,000Total$270,000
Tax Record2022$10,198 ($850 / month)
Home Facts
Total Finished SqFt3,221 SqFtAbove Grade Finished SqFt3,221 SqFtStories3Lot Size1,246 SqFtStyleMulti-Family Res (5+ Units)Year Built1920ZoningR-3CountyATLANTICAPN02 00346-0000-00001

Schools near 129 North Morris Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
BRIGHTON AVENUE SCHOOL
PublicPK to 5

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

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.

129 North Morris Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on April 1, 2024 by eXp Realty - Jackson, it's currently listed at $599,000. It has been on the market for a total of 28 days and was last sold on February 17, 2021. This listing's school district is Atlantic City Public School District. Nearby schools include BRIGHTON AVENUE SCHOOL, Atlantic City High School and Our Lady Star Of The Sea Regional. 129 North Morris Avenue is a 0-bed, 0-bath, multi-family home.

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 eXp Realty - Jackson

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.