401 North Dr Martin Luther King Boulevard

Atlantic City, NJ 08401

$499,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investor alert! Mixed-use duplex building. Commercial space in the front, perfect for a convenience store and/or carry-out restaurant. It has a full kitchen and 1 bathroom. And in the back or side of the unit is a RENOVATED 5 BR / 1.5 BA 2-story home for sale in the midtown section of Atlantic City. Conveniently located less than a mile away from the Casino's, Beach, Boardwalk, Tanger Outlets and the AC Expressway. Only 5 minutes from Stockton University! Property will be sold as-is and buyer to...Investor alert! Mixed-use duplex building. Commercial space in the front, perfect for a convenience store and/or carry-out restaurant. It has a full kitchen and 1 bathroom. And in the back or side of the unit is a RENOVATED 5 BR / 1.5 BA 2-story home for sale in the midtown section of Atlantic City. Conveniently located less than a mile away from the Casino's, Beach, Boardwalk, Tanger Outlets and the AC Expressway. Only 5 minutes from Stockton University! Property will be sold as-is and buyer to obtain all city permits after closing, including CO.
  1. Listed by Shadonna (Donna) Williams • BHHS FOX and ROACH-Northfield

Property Details for 401 North Dr Martin Luther King Boulevard

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

Location

Listing Courtesy of BHHS FOX and ROACH-Northfield
Add your commute
LISTING UPDATED: 03/01/2024 08:12 PM

Property Details for 401 North Dr Martin Luther King Boulevard

StatusActive
MLS #582762
Days on Market62
Taxes$4,620 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built-
Lot Size15.00 AC / 653,400 SF
CountyAtlantic County

Location

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

Building Information for 401 North Dr Martin Luther King Boulevard

Stories-Residences2Year Built-Building Size-Lot Size15.00 AC / 653,400 SF

Payment Calculator

$3,113 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,728

Property Taxes

$385

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 401 North Dr Martin Luther King Boulevard

Summary
Location and General Information
  • Address: 401 N Dr Martin Luther King Blvd Blvd
  • Address Direction: N
  • Address Number: 401
  • Address Search Number: 401
  • Address Street: Dr Martin Luther King Blvd
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Left of Arctic. Left on N Dr MLK Blvd. Building on the right corner.
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Blvd
  • Zip: 08401
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 03-01-2024
  • Tax Year: 2023
  • Taxes: 4620
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 463
  • Lot #: 13
  • Lot Dimensions: 15X100
Property and Assessments
  • Associated Document Count: 0
  • Total Assessment: 129600
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Heating: Gas-Natural
Multi Family
Multi-Family Information
  • Annual Taxes: 4620
  • Limited Service (Y/N): No
  • Number Of Units: 2
  • Owner Occupied (Y/N): No

Property History for 401 North Dr Martin Luther King Boulevard

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 401 North Dr Martin Luther King Boulevard

Taxable ValueLand$30,000Additions$99,600Total$129,600
Tax Record2022$4,895 ($408 / month)
Home Facts
Total Finished SqFt1,740 SqFtAbove Grade Finished SqFt1,740 SqFtStories2Lot Size1,498 SqFtStyleMiscellaneous CommercialYear Built1940ZoningRM-1CountyATLANTICAPN02 00463-0000-00013

Schools near 401 North Dr Martin Luther King Boulevard

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
New York Avenue 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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401 North Dr Martin Luther King Boulevard is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on March 1, 2024 by BHHS FOX and ROACH-Northfield, it's currently listed at $499,900. It has been on the market for a total of 62 days and was last sold on June 7, 2006. This listing's school district is Atlantic City Public School District. Nearby schools include New York Avenue School, Atlantic City High School and Our Lady Star Of The Sea Regional. 401 North Dr Martin Luther King Boulevard 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 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.