702 Lexington Avenue

Atlantic City, NJ 08401

$300,000
Price
Beds
2,608 Sq. Ft.
$115 / Sq. Ft.
2,608
Sq. Ft.
$115
per Sq. Ft.

Description

Welcome to 702 Lexington Ave, a charming duplex nestled in the heart of Atlantic City. An ideal investment property with the opportunity to earn dual income from two units; upper and lower. Easy walk to boardwalk, Showboat, & Hard Rock. Each unit has a living room, dining room, kitchen, 2 bedrooms, & 1 full bath. Being sold "as is". Property is currently occupied by tenants and they are currently not allowing showings or access.Welcome to 702 Lexington Ave, a charming duplex nestled in the heart of Atlantic City. An ideal investment property with the opportunity to earn dual income from two units; upper and lower. Easy walk to boardwalk, Showboat, & Hard Rock. Each unit has a living room, dining room, kitchen, 2 bedrooms, & 1 full bath. Being sold "as is". Property is currently occupied by tenants and they are currently not allowing showings or access.
  1. Listed by Ashley Lazlo • WEICHERT REALTORS ASBURY GROUP-OC

Property Details for 702 Lexington Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
None
Waterfront (Y/N)
No
Zoned
RM-1

Location

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-OC
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LISTING UPDATED: 03/01/2024 02:07 PM

Property Details for 702 Lexington Avenue

StatusActive
MLS #582515
Days on Market66
Taxes$5,412 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built1900
Lot Size0.06 AC / 2,812 SF
CountyAtlantic County

Location

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-OC
Add your commute

Building Information for 702 Lexington Avenue

Stories-Residences2Year Built1900Building Size-Lot Size0.06 AC / 2,812 SF

Payment Calculator

$2,088 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,637

Property Taxes

$451

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 702 Lexington Avenue

Summary
Location and General Information
  • Address: 702 Lexington Ave Ave
  • Address Number: 702
  • Address Search Number: 702
  • Address Street: Lexington Ave
  • Area: Atlantic City
  • County: Atlantic
  • Directions: On Lexington Ave, between Delaware & NJ Ave's next to church-
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Owner
  • Owner: William C & Linda G Steel
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 02-23-2024
  • Tax Year: 2022
  • Taxes: 5412
Property
Lot Information
  • Approved Short Sale?: No
  • Approx SQFT: 2608
  • Block #: 5
  • Lot #: 417
  • Lot Dimensions: 25x112.5
Property and Assessments
  • Associated Document Count: 0
  • Improved Value: $117,100
  • Land Value: $26,200
  • Property Id: 02-00417-0000-00005
  • Total Assessment: 143300
  • Water: Public
  • Year Built: 1900
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Siding/Exterior: Stucco
Interior Features
  • Appliances: Gas Stove, Refrigerator
  • Basement: Crawl Space
  • Heating: Baseboard, Gas-Natural, Hot Water, Radiator
  • Other Rooms: Dining Room, Kitchen
Multi Family
Multi-Family Information
  • # of 2 Bedroom Units: 2
  • Annual Taxes: 5412
  • Limited Service (Y/N): No
  • Number Of Units: 2
  • Owner Occupied (Y/N): No
  • Rent Control (Y/N): No
  • Separate Meters: Electric, Gas
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Level: Lower
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Level: Upper

Property History for 702 Lexington 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 702 Lexington Avenue

Taxable ValueLand$26,200Additions$117,100Total$143,300
Tax Record2022$5,412 ($451 / month)
Home Facts
Beds0Total Finished SqFt2,608 SqFtAbove Grade Finished SqFt2,608 SqFtLot Size2,814 SqFtStyleSingle Family ResidenceYear Built1900ZoningRM-1CountyATLANTICAPN02 00417-0000-00005

Schools near 702 Lexington 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
Uptown School Complex Elementary 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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Similar Sold Homes

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702 Lexington Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on February 23, 2024 by WEICHERT REALTORS ASBURY GROUP-OC, it's currently listed at $300,000. It has been on the market for a total of 66 days and was last sold on November 30, 2004. This listing's school district is Atlantic City Public School District. Nearby schools include Uptown School Complex Elementary School and Atlantic City High School. 702 Lexington Avenue is a 0-bed, 0-bath, 2,608 sqft multi-family home built in 1900.

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 WEICHERT REALTORS ASBURY GROUP-OC

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.