321 Atlantic Avenue

Atlantic City, NJ 08401

$439,000
Price
Beds
2,181 Sq. Ft.
$201 / Sq. Ft.
2,181
Sq. Ft.
$201
per Sq. Ft.

Description

Here is a great opportunity to own a 4-unit renovated multi-dwelling in an amazing location in Atlantic City. The property has a commercial space on the ground level, along with one rented studio apartment with a reliable tenant who pays $1150 per month. Additionally, the 2nd and 3rd floors have two fully renovated apartments with brand new bathrooms, kitchens, and appliances. The 2nd floor unit is currently rented for $1650 per month, while the 3rd floor unit is vacant and available for showing...Here is a great opportunity to own a 4-unit renovated multi-dwelling in an amazing location in Atlantic City. The property has a commercial space on the ground level, along with one rented studio apartment with a reliable tenant who pays $1150 per month. Additionally, the 2nd and 3rd floors have two fully renovated apartments with brand new bathrooms, kitchens, and appliances. The 2nd floor unit is currently rented for $1650 per month, while the 3rd floor unit is vacant and available for showing at any time. The location is superb, with easy access to dining, shopping, and cultural centers, providing all necessary amenities within reach. It's just a block away from the famous casinos and beaches of Atlantic City. The whole building has views of the Absecon Lighthouse, the Ocean Casino, Hardrock, And Showboat, with a new Waterpark.
  1. Listed by GORAN CEDEVSKI • BHHS FOX and ROACH-Northfield

Property Details for 321 Atlantic Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
Three or More Cars
Waterfront (Y/N)
No

Location

Listing Courtesy of BHHS FOX and ROACH-Northfield
Add your commute
LISTING UPDATED: 04/05/2024 11:38 AM

Property Details for 321 Atlantic Avenue

StatusActive
MLS #583855
Days on Market24
Taxes$3,209 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built-
Lot Size0.02 AC / 948 SF
CountyAtlantic County

Location

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

Building Information for 321 Atlantic Avenue

Stories-Residences4Year Built-Building Size-Lot Size0.02 AC / 948 SF

Payment Calculator

$2,663 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,396

Property Taxes

$267

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 321 Atlantic Avenue

Summary
Location and General Information
  • Address: 321 Atlantic Ave Ave
  • Address Number: 321
  • Address Search Number: 321
  • Address Street: Atlantic Ave
  • Area: Atlantic City
  • County: Atlantic
  • Directions: 300 Block of Atlantic, near corner of Rhode Island
  • Fips Code: 34001
  • Location: Boardwalk Area
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Owner
  • Owner: On Record
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 04-05-2024
  • Tax Year: 2023
  • Taxes: 3209
Property
Lot Information
  • Approved Short Sale?: No
  • Approx SQFT: 2181
  • Block #: 124
  • Lot #: 58
  • Lot Dimensions: 16x59.3
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 1
  • Doc Timestamp: 04-05-2024
  • New Construction: No
  • Total Assessment: 90000
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Outside Features: Curbs, Porch, Sidewalks
  • Siding/Exterior: Brick
  • Storms/Screens: Combination
Interior Features
  • Air Conditioning: Electric, Window Units
  • Appliances: Electric Stove, Microwave, Refrigerator
  • Heating: Baseboard, Gas-Natural
  • Other Rooms: Kitchen
Multi Family
Multi-Family Information
  • Annual Taxes: 3209
  • Available: Lease Information
  • Limited Service (Y/N): No
  • Number Of Units: 4
  • Owner Occupied (Y/N): No
  • Separate Meters: Electric
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Facing: East
  • Unit 1 Level: Lower
  • Unit 1 Rent: 1150
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 1
  • Unit 2 Facing: East
  • Unit 2 Level: Upper
  • Unit 2 Rent: 1650
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Bedrooms: 1
  • Unit 3 Facing: East
  • Unit 3 Level: Upper
  • Unit 3 Rent: Vacant

Property History for 321 Atlantic 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 321 Atlantic Avenue

Taxable ValueLand$25,800Additions$64,200Total$90,000
Tax Record2022$3,399 ($283 / month)
Home Facts
Total Finished SqFt2,181 SqFtAbove Grade Finished SqFt2,181 SqFtStories3Lot Size949 SqFtStyleMiscellaneous CommercialYear Built1950ZoningNEIRCountyATLANTICAPN02 00124-0000-00058

Schools near 321 Atlantic 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
Pennsylvania Ave 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

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321 Atlantic Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on April 5, 2024 by BHHS FOX and ROACH-Northfield, it's currently listed at $439,000. It has been on the market for a total of 24 days and was last sold on September 6, 2023. This listing's school district is Atlantic City Public School District. Nearby schools include Pennsylvania Ave School and Atlantic City High School. 321 Atlantic Avenue is a 0-bed, 0-bath, 2,181 sqft 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 BHHS FOX and ROACH-Northfield

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.