new - 3 days on rocket

1006 N Michigan Ave, Atlantic City, NJ, 08401

$199,999

Home List Price

$2,375*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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1006 N Michigan Ave, Atlantic City$199,999

Buyer Closing Credits

$2,375*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #590773
StatusActive

About 1006 N Michigan Ave

Located in the heart of Atlantic City, this recently renovated 3-bedroom, 1-bathroom home is a prime opportunity for investors seeking a reliable, long-term rental property with a proven track record. 1006 N Michigan is not only a great addition to your real estate holdings but also offers consistent rental income potential in one of New Jersey's most dynamic markets.

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Stories: 2

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
  • Office Phone: (609) 484-9890

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Vinyl Plank
  • Interior: Smoke/Fire Alarm

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: turn onto N Michigan avenue, parking available on street

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,999

Tax Information:

  • Annual Amount: $3,562
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Atlantic City, NJ.

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Atlantic City, NJ

City

Med. Sold Price

$239K

Med. Price/SqFt

$194

Avg. Days On Market

54

# of Sold Homes

36

1006 N Michigan Ave vs Atlantic City

3 DAYS ON ROCKET

-51 Days

$199,999

-$39K Less

KEY TAKEAWAY

This property is $39K less than the Median Sold Price in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #590773

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
  • Office Phone: (609) 484-9890

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 5:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 30, 2020Home Sold
$115,000
Jun 13, 2017Home Sold
$20,000
May 05, 2009Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,562$53,900
2019$2,191$55,000
2018$5,405$153,000
2017$5,234$153,000

History based on county public records data.

Payment Calculator

$1,066

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-384838
3
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 0.95 miles

  • Public District Grades PK-5

school-card-donut-384839
8
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 3.48 miles

  • Public District Grades PK-4

school-card-donut-384840
9
/10

  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 4.10 miles

  • Public District Grades PK-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,674. Most Atlantic City, NJ residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1006 N Michigan Ave

What is the listing price of this property?

The listing price of 1006 N Michigan Ave property is $199,999.

What type of property is this?

The property 1006 N Michigan Ave is a house located in Atlantic City, New Jersey, 08401.

Is this property for sale now?

Active Listing: 1006 N Michigan Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,562 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 30, 2020 for $115,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1006 N Michigan Ave has 3 bedrooms and 1 bathroom.

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›1006 N Michigan Ave

This home is located at 1006 N Michigan Ave in Atlantic City, NJ and zip code 08401 in the Monroe Park neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $199,999.

Atlantic City, NJ housing market in October 2024 saw over 3 listings sold above listed price, more than 5 sold at listed price and over 11 sold below. Between September 2024 and October 2024, Atlantic City, NJ real estate market has seen decrease in the number of listings by 0.4%. In October 2024 median list price was $239,000 and the average listing age was 54 days.

From Rocket Homes Real Estate and based on county public records data.

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