3 months on rocket

1129 Drexel Ave, Atlantic City, NJ, 08400

$1,990,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
876 SqFt
$2,272/SqFt
House

Location

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1129 Drexel Ave, Atlantic City$1,990,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1924
HeatingNatural Gas, Forced Air
CoolingMulti Unit(s), Other
MLS #22424197
Lot Size0.02 Acres
StatusActive

About 1129 Drexel Ave

ATTENTION INVESTORS!!!! Are you seeking ''TURN KEY'' Residential income generating property? Then,this may be a PERFECT fit for you! PRICED to SELL, a robust Property Portfolio of 11 income generating properties; 719, 1102, 1019, 1104 & 1106, 1261 N Ohio Ave, 901 Keener Ave, 610 & 1129 Drexel Ave, 2017 & 2019 (Duplex) Caspian Ave, Atlantic City, NJ are awaiting the savvy Investor! A quick drive to beaches, shopping, casinos and dining! Centrally located to A/C Expressway, GS Parkway and NJ Route 9 & 30! GREAT opportunity for long term residential or short term/Seasonal rentals! ''Renovate and flip'' potential as well! CHECK OUT this AMAZING opportunity! Reach out TODAY!

Property Details

Property Features

Property Information:

  • Architectural Style: End Unit, Townhouse, 2 Story
  • Year Built: 1924
  • Stories: 2
  • Living Area: 876 SqFt

Listing Office:

  • Office Name: Elite Team Realty, LLC
  • Listing Agent: Pamela C Garrett

Interior Features

Interior Information:

  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered

Lot Features

Lot Information:

  • Lot Size: 0.02 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air
  • Cooling: Multi Unit(s), Other

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,990,000
  • Price Per SqFt: $2,272/SqFt

Tax Information:

  • Annual Amount: $1,787
  • 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

1129 Drexel Ave vs Atlantic City

93 DAYS ON ROCKET

+39 Days

$1,990,000

+$1.7M More

$2,272/SqFt

+$2K More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $2K/SqFt more than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MOREMLS (Monmouth Ocean Regional REALTORS®)
  • MLS Number: #22424197

Listing Office:

  • Office Name: Elite Team Realty, LLC
  • Listing Agent: Pamela C Garrett

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 1:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 07, 2012Home Sold
$35,000
Feb 03, 2006Home Sold
$113,300

Tax History

YEARPROP. TAXASSESSMENT
2020$1,787$45,800
2019$1,992$50,000
2018$1,767$50,000
2017$1,711$50,000

History based on county public records data.

Payment Calculator

$10K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,033

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NMLS#3030

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-622874
3
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.38 miles

  • Public District Grades PK-5

school-card-donut-622875
8
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 4.10 miles

  • Public District Grades PK-4

school-card-donut-622876
9
/10

  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 4.70 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 $14,884. Residents of Atlantic City, NJ typically earn less than $35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1129 Drexel Ave

What is the listing price of this property?

The listing price of 1129 Drexel Ave property is $1,990,000.

What type of property is this?

The property 1129 Drexel Ave is a house located in Atlantic City, New Jersey, 08400.

Is this property for sale now?

Active Listing: 1129 Drexel 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 $1,787 (source: MLS/based on county public records data).

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

The last sale was on August 7, 2012 for $35,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1129 Drexel Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1129 Drexel Ave is 876 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1129 Drexel Ave is 1924.

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08400›1129 Drexel Ave

This home is located at 1129 Drexel Ave in Atlantic City, NJ and zip code 08400 in the Westside neighborhood. This 876 square foot home, which was built in 1924, sits on a 0.02 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $1,990,000.

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. The inventory of homes for sale in Atlantic City, NJ between September 2024 and October 2024 decreased by 0.4%. The median list price of listings available in October 2024 was $239,000, while the average time on the real estate market was 54 days.

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

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