4020 Atlantic Avenue

Atlantic City, NJ 08401

$605,000
Last Sold Price
6
Beds
4
Baths
2
1/2 Baths
3,242 Sq. Ft.
$187 / Sq. Ft.
3,242
Sq. Ft.
$187
per Sq. Ft.

Description

Location! Location! Location! Welcome to 4020 Atlantic Avenue, this property is located in the Lower Chelsea section of Atlantic City, New Jersey, steps away from Ventnor. This home's desirable beach block location offers endless possibilities. This historical property is being sold in "as-is" condition with fire damage resulting in the interior now down to the studs. The property is a great investment opportunity for those looking to renovate and bring this diamond in the rough back to life. The...Location! Location! Location! Welcome to 4020 Atlantic Avenue, this property is located in the Lower Chelsea section of Atlantic City, New Jersey, steps away from Ventnor. This home's desirable beach block location offers endless possibilities. This historical property is being sold in "as-is" condition with fire damage resulting in the interior now down to the studs. The property is a great investment opportunity for those looking to renovate and bring this diamond in the rough back to life. The interior provides a blank slate for the new owners to customize and renovate to their personal tastes. The property has great potential to be transformed into a stunning family home, rental property, vacation home or someone looking to purchase beach block land for an amazing value! Prior to the fire damage, there were 6 Bedrooms with views of the ocean from two decks. This home is very large and goes from one block to the other. There are three floors and has a basement, which is unusual in Atlantic City. The following work has been done in 2021 after the fire to secure the property:

• new windows
• new sliders
• new front door
• new roof

It is also a short walk to the boardwalk and beach, located across from the fire department and nearby to shopping, restaurants, and casinos. Minutes to Ventnor. Please refer to the drone photos. This is ideal for experienced investors, contractors, or homebuyers looking for a project. With the right vision and expertise, this property could be transformed into a beautiful home or a profitable investment. Don't miss this opportunity to own a piece of Atlantic City history and create something truly special. Buyers must do their due diligence as they will be responsible for the CO and any costs associated with it. The seller will not make any repairs. Cash or renovation loans only. Sellers inherited this property from their mother in 2023 and have never resided or occupied in the premises. An estimate of repairs is available for review, illustrating the potential scope of renovations and the associated costs for this 'as-is' property." All Showings to be done during the day as there is no electricity or plumbing on the property. Buyers must be accompanied by an agent at all times.
  1. Listed by Donna Marisa Obrien • KW Jersey/Keller Williams Jersey
    P: 6093063162 donna@jerseyliving.com

Property Details for 4020 Atlantic Avenue

Tax ID Number
02-00014-00001
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Other
Levels/Stories
3
Waterfront
No

Location

Listing Courtesy of KW Jersey/Keller Williams Jersey

Sold By RE/MAX Platinum Properties

Add your commute
LISTING UPDATED: 07/03/2023 11:58 AM

Property Details for 4020 Atlantic Avenue

StatusClosed
MLS #NJAC2008508
Days on Market15
Taxes$21,109 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built1925
Lot Size0.13 AC / 5,602 SF
CountyAtlantic County

Location

Listing Courtesy of KW Jersey/Keller Williams Jersey

Sold By RE/MAX Platinum Properties

Add your commute

Building Information for 4020 Atlantic Avenue

Stories3Year Built1925Building Size-Lot Size0.13 AC / 5,602 SF

Payment Calculator

$5,061 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,302

Property Taxes

$1,759

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4020 Atlantic 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: Yes
  • Water Access: No
  • Water Oriented: Yes
  • Navigable Water: No
  • Tidal Water: No
  • Water Body Name: Atlantic
  • Water Body Type: Ocean
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2022
  • Tax Assessed Value: $558,900
  • Year Assessed: 2022
  • County Tax: $0
  • Improvement Assessed Value: $291,900
  • City Town Tax: $0
  • Land Assessed Value: $267,000
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R-2
  • Tax Lot: 00001
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
  • Concessions: No
Rooms
Main
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 1
  • # Bathrooms Half Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 6
  • # Bathrooms Count All Upper Levels: 3
  • # Bathrooms Full All Upper Levels: 3
Upper Level 1
  • # Bedrooms Count Upper Level: 6
  • # Bathrooms Count Upper Level: 3
  • # Bathrooms Full Upper Level: 3
All Lower Levels
  • # Bathrooms All Lower Levels: 1
  • # Bathrooms Half All Lower Levels: 1
Lower Level 1
  • # Bathrooms Lower Level: 1
  • # Bathrooms Half Lower Level: 1
Rooms
  • Room List: Living Room, Dining Room, Kitchen, Laundry
  • Stories: Lower 1, Main, Upper 1
Rooms Information
Room 1
  • Room Type: Living Room
  • Room Level: Main
  • Room Exists: Yes
Room 2
  • Room Type: Kitchen
  • Room Level: Main
  • Room Exists: Yes
Room 3
  • Room Type: Dining Room
  • Room Level: Main
  • Room Exists: Yes
Room 4
  • Room Type: Laundry
  • Room Level: Lower 1
  • Room Exists: Yes
Building Info
Building Info
  • Total Finished SQFT: 3,242.00
  • Total Finished SQFT Source: Estimated
  • Tax Total Finished SQFT: 4,059.00
  • Total SQFT: 3,242.00
  • Total SQFT Source: Estimated
  • Construction Materials: Aluminum Siding
  • Flooring Type: Hardwood
  • Basement Type: Full
  • Foundation Details: Other
  • Room and Floor: Bathrooms Full-Main Level-1, Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Upper Level 1-2, Bedrooms-Upper Level 1-3, Bedrooms-Upper Level 1-4, Bedrooms-Upper Level 1-5, Bedrooms-Upper Level 1-6, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Upper Level 1-2, Bathrooms Full-Upper Level 1-3, Bathrooms Half-Lower Level 1-1
  • # Bathrooms Full: 4
  • # Bathrooms Half: 2
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 70.00 x 80.00
  • Lot Dimensions Source: Assessor
  • Location Type: Oceanblock
  • Parcel ID: 3294724
Parking
Parking
  • Type Of Parking: On Street, Attached Garage
  • Num of Attached Garage Spaces: 1
  • Total Garage Spaces: 1
  • Garage Features: Basement Garage
Interior Features
Interior Features
  • Fireplace: Yes
  • Fireplaces Count: 2
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Cooling Type: None
  • Cooling Fuel: None
  • Heating Type: None
  • Heating Fuel: Natural Gas Available
  • Hot Water: None
  • Water Source: Public
  • Sewer Septic: Public Sewer

Property History for 4020 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 4020 Atlantic Avenue

Taxable ValueLand$267,000Additions$291,900Total$558,900
Tax Record2022$21,110 ($1,759 / month)
Home Facts
Beds0Total Finished SqFt3,929 SqFtAbove Grade Finished SqFt3,929 SqFtStories3Lot Size5,602 SqFtStyleSingle Family ResidenceYear Built1925ZoningR-2CountyATLANTICAPN02 00014-0000-00001

Schools near 4020 Atlantic 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
Richmond Avenue Elementary 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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Similar Sold Homes

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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. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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.