4020 Atlantic Avenue

Atlantic City, NJ 08401

$605,000
Last Sold Price
6
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Location! Location! Location! Welcome to 4020 Atlantic Avenue, a property 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 cleaned out and is 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...Location! Location! Location! Welcome to 4020 Atlantic Avenue, a property 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 cleaned out and is 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 O'Brien • KW Jersey/Keller Williams Jersey

Property Details for 4020 Atlantic Avenue

City/Community
Atlantic City
Class
RESIDENTIAL
Parking - Exterior
See Remarks
Waterfront (Y/N)
No

Location

Listing Courtesy of KW Jersey/Keller Williams Jersey

Sold By RE/MAX PLATINUM PROPERTIES-F

Add your commute
LISTING UPDATED: 07/06/2023 08:35 AM

Property Details for 4020 Atlantic Avenue

StatusSold
MLS #574393
Days on Market14
Taxes$21,109 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Single Family
Year Built-
Lot Size5602.00 AC / 244,023,120 SF
CountyAtlantic County

Location

Listing Courtesy of KW Jersey/Keller Williams Jersey

Sold By RE/MAX PLATINUM PROPERTIES-F

Add your commute

Building Information for 4020 Atlantic Avenue

Stories-Year Built-Building Size-Lot Size5602.00 AC / 244,023,120 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

Summary
Location and General Information
  • Address: 4020 Atlantic Ave Ave
  • Address Number: 4020
  • Address Search Number: 4020
  • Address Street: Atlantic Ave
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Albany Ave to Right on Atlantic to 4020
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Ave
  • Style: 3 Story
  • Zip: 08401
Parking
  • Garage: One Car
Taxes and HOA Information
  • Homeowners Assoc Fee: $0
  • LVT Date: 05-26-2023
  • Tax Year: 2022
  • Taxes: 21109
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 00014
  • Lot #: 00014
  • Lot Dimensions: 5602
  • Lot Size: Less than One Acre
Property and Assessments
  • Associated Document Count: 4
  • Doc Timestamp: 05-30-2023
  • New Construction: No
  • Total Assessment: 558900
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Full Baths: 4
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Siding/Exterior: Aluminum
Interior Features
  • Basement: Full
  • Bath 1 Level: Upper
  • Bath 2 Level: Upper
  • Bath 3 Level: Upper
  • Bedroom 1 Level: Upper
  • Bedroom 2 Level: Upper
  • Bedroom 3 Level: Upper
  • Bedroom 4 Level: Upper
  • Bedroom 5 Level: Upper
  • Bedrooms: 6
  • Dining Room Level: Main
  • Half Baths: 0
  • Heating: None
  • Kitchen Level: Main
  • Living Room Level: Main
  • Rooms: 9
Multi Family
Multi-Family Information
  • Limited Service (Y/N): No

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.

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.