2407 Arctic Avenue

Atlantic City, NJ 08401

$549,000
Price
Beds
3,412 Sq. Ft.
$161 / Sq. Ft.
3,412
Sq. Ft.
$161
per Sq. Ft.

Description

Investors, prime mixed-use property for sale! Located close to White House Subs and Formica's Bakery. Ground floor operates as commercial laundry business with $1,000 rent/month. Additionally, there are two apartments 3 BEDS/unit on the upper floors. Fully occupied with $1,200 rent/month for each apartment. Separate utility meters, except water. The property is being sold strictly in "as is, where is" condition. Don't miss this opportunity!Investors, prime mixed-use property for sale! Located close to White House Subs and Formica's Bakery. Ground floor operates as commercial laundry business with $1,000 rent/month. Additionally, there are two apartments 3 BEDS/unit on the upper floors. Fully occupied with $1,200 rent/month for each apartment. Separate utility meters, except water. The property is being sold strictly in "as is, where is" condition. Don't miss this opportunity!
  1. Listed by Anastasia Tran • KW Jersey/Keller Williams Jersey
    P: 2158698280 anastasia.tran723@gmail.com

Property Details for 2407 Arctic Avenue

Tax ID Number
02-00339-00047
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Straight Thru
Waterfront
No
Garage
No
Municipality
ATLANTIC CITY
Central Air
No

Location

Listing Courtesy of KW Jersey/Keller Williams Jersey
Add your commute
LISTING UPDATED: 05/03/2024 11:19 AM

Property Details for 2407 Arctic Avenue

StatusActive
MLS #NJAC2011042
Days on Market106
Taxes$7,856 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1920
Lot Size0.04 AC / 1,873 SF
CountyAtlantic County

Location

Listing Courtesy of KW Jersey/Keller Williams Jersey
Add your commute

Building Information for 2407 Arctic Avenue

Stories-Residences3Year Built1920Building Size-Lot Size0.04 AC / 1,873 SF

Payment Calculator

$3,651 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,996

Property Taxes

$655

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2407 Arctic 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: 2022
  • Tax Assessed Value: $208,000
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $170,500
  • City Town Tax: $0
  • Land Assessed Value: $37,500
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: NC-1
  • Tax Lot: 00047
  • School Tax: $0
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 2
Building Info
Building Info
  • Building Units Total: 3
  • Total Finished SQFT: 3,412.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Lot Size Dimensions: 25.00 x 75.00
  • Lot Dimensions Source: Estimated
  • Parcel ID: 3304119
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: 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 URL: anastasiatran.kw.com

Property History for 2407 Arctic 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 2407 Arctic Avenue

Taxable ValueLand$37,500Additions$170,500Total$208,000
Tax Record2022$7,856 ($655 / month)
Home Facts
Total Finished SqFt3,412 SqFtAbove Grade Finished SqFt3,412 SqFtStories3Lot Size1,873 SqFtStyleMiscellaneous CommercialYear Built1920ZoningNC-1CountyATLANTICAPN02 00339-0000-00047

Schools near 2407 Arctic Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Texas Avenue Elementary School
PublicK 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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Similar Sold Homes

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2407 Arctic Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on January 19, 2024 by KW Jersey/Keller Williams Jersey, it's currently listed at $549,000. It has been on the market for a total of 106 days and was last sold on November 21, 2003. This listing's school district is Atlantic City Public School District. Nearby schools include Texas Avenue Elementary School, Atlantic City High School and Our Lady Star Of The Sea Regional. 2407 Arctic Avenue is a 0-bed, 0-bath, 3,412 sqft multi-family home built in 1920.

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 KW Jersey/Keller Williams Jersey

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.