4 months on rocket

1261 N Ohio Ave, Atlantic City, NJ, 08400

$1,990,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
1 Full Bath
1,116 SqFt
$1,783/SqFt
House

Location

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1261 N Ohio 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
ParkingOn Street
Year Built1920
HeatingNatural Gas, Forced Air
CoolingMulti Unit(s), Other
MLS #22424177
Lot Size0.04 Acres
StatusActive

About 1261 N Ohio Ave

ATTENTION INVESTORS!!!! Well maintained corner Brick 2 story 3 bedroom, 1 bath! 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, 1019, 1104 & 1106, 1102, 1261 N Ohio Ave, 901 Keener Ave, 610 & 1129 Drexel Ave, 2017 & 2019 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: 1920
  • Stories: 2
  • Living Area: 1,116 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Oven, Range Hood, Refrigerator
  • Basement: No
  • Flooring Type: Vinyl, Ceramic Tile, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Balcony, Fence, Storm Door(s)

Parking Information:

  • Attached Garage: No
  • Parking: On Street

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.04 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: $1,783/SqFt

Tax Information:

  • Annual Amount: $2,040
  • 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

$239.6K

Med. Price/SqFt

$188

Avg. Days On Market

73

# of Sold Homes

34

1261 N Ohio Ave vs Atlantic City

122 DAYS ON ROCKET

+49 Days

$1,990,000

+$1.7M More

$1,783/SqFt

+$1.5K More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $1.5K/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: #22424177

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: 12/21/2024, 10:21:03 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

Mar 05, 2020Home Sold
$99,900
Apr 29, 2013Home Sold
$20,000
Apr 29, 2013Home Sold
$30,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,040$52,300
2019$3,187$80,000
2018$2,826$80,000
2017$2,737$80,000

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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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-810885
3
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.21 miles

  • Public District Grades PK-5

school-card-donut-810886
8
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 3.63 miles

  • Public District Grades PK-4

school-card-donut-810887
9
/10

  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 4.26 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. The most common annual income of people living in Atlantic City, NJ is between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1261 N Ohio Ave

What is the listing price of this property?

The listing price of 1261 N Ohio Ave property is $1,990,000.

What type of property is this?

The property 1261 N Ohio Ave is a house located in Atlantic City, New Jersey, 08400.

Is this property for sale now?

Active Listing: 1261 N Ohio 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 $2,040 (source: MLS/based on county public records data).

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

The last sale was on March 5, 2020 for $99,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1261 N Ohio Ave has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1261 N Ohio Ave is 1,116 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1261 N Ohio Ave is 1920.

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08400›1261 N Ohio Ave

This home is located at 1261 N Ohio Ave in Atlantic City, NJ and zip code 08400 in the Monroe Park neighborhood. This 1,116 square foot home, which was built in 1920, sits on a 0.04 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.

Over 4 listings were sold over their listed price in November 2024 in Atlantic City, NJ. In the same period over 17 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Atlantic City, NJ increased by 3.8% between October 2024 and November 2024. The median list price of listings available in November 2024 was $239,633, while the average time on the real estate market was 73 days.

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

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