709 Adriatic Avenue

709 Adriatic Avenue

Atlantic City, NJ 08401

$435,000
Price
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Beds
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Sq. Ft.
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per Sq. Ft.

Description

INVESTOR ALERT - Bungalow Park Quadplex for sale. Two 3 bdrm units, and two 2bdrm units. One of the three bedroom units on the second floor is occupied, the other three are currently vacant. Get it fully rented and it should be producing about a 15% Cap Rate! Income and Expenses are available to qualified buyers. Purchase now for about 7 Bitcoins! LOW Taxes & No HOA fees, close to the Beach, Boardwalk, & Gardners Basin! Up to $30,000 in first time home buyers grant money may be available to qualified...INVESTOR ALERT - Bungalow Park Quadplex for sale. Two 3 bdrm units, and two 2bdrm units. One of the three bedroom units on the second floor is occupied, the other three are currently vacant. Get it fully rented and it should be producing about a 15% Cap Rate! Income and Expenses are available to qualified buyers. Purchase now for about 7 Bitcoins! LOW Taxes & No HOA fees, close to the Beach, Boardwalk, & Gardners Basin! Up to $30,000 in first time home buyers grant money may be available to qualified buyers if they plan to live in one of the units, & make this purchase with little to no money down! Street parking only, Located just a few blocks to the beach & boardwalk with life guards and comfort stations. Walking distance to Historic Gardners Basin where you can enjoy breakfast at Gilchrist & sunsets at Back Bay Ale house, or spend the day at the AC Aquarium. Close to the Absecon Lighthouse, Little Water Distillery, Sports Fields, The Borgata, Harrahs, Golden Nugget, Farley Marina, Hard Rock, Steel Pier, Resorts, Margaritaville, Ocean Resort, Showboat and the new Indoor Water Park! No rental restrictions.
  1. Listed by GERARD (Jerry) BARKER • WEICHERT REALTORS ASBURY GROUP-AC

Property Details for 709 Adriatic Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
Three or More Cars
Waterfront (Y/N)
No
Zoned
R1

Location

Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-AC
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LISTING UPDATED: 05/01/2024 11:31 AM

Property Details for 709 Adriatic Avenue

StatusActive
MLS #582672
Days on Market64
Taxes$3,226 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built1910
Lot Size0.05 AC / 2,332 SF
CountyAtlantic County

Location

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

Building Information for 709 Adriatic Avenue

Stories-Residences4Year Built1910Building Size-Lot Size0.05 AC / 2,332 SF

Payment Calculator

$2,643 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,374

Property Taxes

$269

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 709 Adriatic Avenue

Summary
Location and General Information
  • Address: 709 Adriatic Ave
  • Address Number: 709
  • Address Search Number: 709
  • Address Street: Adriatic
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Between NJ and Delaware Ave.
  • Fips Code: 34001
  • Location: Boardwalk Area
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Owner
  • Owner: LLC
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 02-28-2024
  • Tax Year: 2024
  • Taxes: 3226
Property
Lot Information
  • Approved Short Sale?: N/A
  • Block #: 546
  • Lot #: 9
  • Lot Dimensions: 22x106
Property and Assessments
  • Associated Document Count: 1
  • Doc Timestamp: 02-28-2024
  • Estate Y/N: No
  • Total Assessment: 90500
  • Water: Public
  • Year Built: 1910
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Outside Features: Curbs, Sidewalks
  • Siding/Exterior: Brick
Interior Features
  • Appliances: Electric Stove, Gas Stove, Refrigerator, Self Cleaning Oven
  • Heating: Electric, Gas-Natural
Multi Family
Multi-Family Information
  • # of 2 Bedroom Units: 2
  • # of 3 Bedroom Units: 2
  • Annual Taxes: 3226
  • Available: Lease Information
  • Conforming (Y/N): Yes
  • Limited Service (Y/N): No
  • Number Of Units: 4
  • Owner Occupied (Y/N): No
  • Separate Meters: Electric, Gas

Property History for 709 Adriatic 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 709 Adriatic Avenue

Taxable ValueLand$27,900Additions$62,600Total$90,500
Tax Record2022$3,418 ($285 / month)
Home Facts
Baths4Total Finished SqFt2,106 SqFtAbove Grade Finished SqFt2,106 SqFtStories2Lot Size2,339 SqFtStyleSingle Family ResidenceYear Built1910ZoningR-1CountyATLANTICAPN02 00546-0000-00009

Schools near 709 Adriatic Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Uptown School Complex Elementary School
Public - PK to 8
Atlantic City High School
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.

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More information about 709 Adriatic Avenue, Atlantic City, NJ 08401

709 Adriatic Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on February 28, 2024 by WEICHERT REALTORS ASBURY GROUP-AC, it's currently listed at $435,000. It has been on the market for a total of 64 days and was last sold on May 16, 2022. This listing's school district is Atlantic City Public School District. Nearby schools include Uptown School Complex Elementary School and Atlantic City High School. 709 Adriatic Avenue is a 0-bed, 0-bath, multi-family home built in 1910.

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-AC

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.