4 months on rocket

127 N Rhode Island Ave, Atlantic City, NJ, 08401

$259,000

Home List Price

$3,076*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,104 SqFt
$235/SqFt
House

Location

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127 N Rhode Island Ave, Atlantic City$259,000

Buyer Closing Credits

$3,076*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingParking Pad, See Remarks
Year Built1990
HeatingForced Air, Natural Gas
CoolingCentral Air
MLS #586287
StatusActive

About 127 N Rhode Island Ave

AirBnB approved Townhome in Victoria Court - Vacant & Newly renovated! This is a single family home with a small HOA, so all types of financing are approved including FHA, VA, Conventional, No Money Down loans, Etc, and qualified first time home buyers can even get up to $50,000 in Grant Money to help with their purchase! This development has no pet or rental restrictions, so bring your Airbnb Investors, Annual Investors, First time home buyers, Vacation Home Buyers, etc!!! There is a parking lot in the middle of the development as well as plenty of street parking out front, so theres no parking fees. The HOA fee is minimal, and the property has low taxes, the City has even lowered the taxes three years in a row! This unit has its own laundry room with brand new washer and dryer. Newly renovated, bring your home inspectors, seller will even provide the sales CO! This Ideal location within the city make this a purchase a Shore Bet!! Located directly across the street Uptown Park, steps to the Jersey Shore Beaches, Atlantic Ocean, and WorldFamous Boardwalk, the Ocean Casino, Hardrock & Steel Peir, Showboat & Island Waterpark, Resorts & Margaritaville! Close to Absecon Lighthouse, Tanger Outlets Shopping, 5 Star Nightllife, World Class Shopping, Gardners Basin, Back Bay Ale House, Gilchrest, AC Aquarium, Fishing Jettys & Peirs, Borgata,Harrahs, Golden Nugget & Farley Marina, the Little Water Distillery, Axe Throwing, and Seed Brewery! Cash and Hardmoney are also acceptable, or you can even buy it with a few of your bitcoins, or contact us about private financing starting as low as 10%. Buy now and start making tons of cash on sites like VRBO and Airbnb, or use this as your private ShoreTown getaway for your family and friends and enjoy the best amenities that Atlantic City has to offer. This beach home is currently being successfully operated as a Short Term Rental (fully permitted!). Revenue performance available on request. Short Term Rental Management company already in place!

Property Details

Property Features

Property Information:

  • Architectural Style: Townhouse
  • Year Built: 1990
  • Living Area: 1,104 SqFt

Listing Office:

  • Office Name: WEICHERT REALTORS ASBURY GROUP-AC
  • Office Phone: (609) 344-6200

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: No
  • Flooring Type: Vinyl, W/W Carpet
  • Interior: Carbon Monoxide Detector, Smoke/Fire Alarm

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Curbs, Patio, Paved Road, Sidewalks

Parking Information:

  • Attached Garage: No
  • Parking: Parking Pad, See Remarks

Lot Features

Lot Information:

  • Lot: Curbs, Paved, Sidewalk

Utilities

Utilities Information:

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

Other

Directions Information:

  • Directions: Near intersection of N. RHode Island and Madison Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $259,000
  • Price Per SqFt: $235/SqFt

HOA Fees:

  • Amount: $75
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,447
  • 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

127 N Rhode Island Ave vs Atlantic City

140 DAYS ON ROCKET

+86 Days

$259,000

+$20K More

$235/SqFt

+$40 More

KEY TAKEAWAY

This property is $20K more than the Median Sold Price and $40/SqFt more than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #586287

Listing Office:

  • Office Name: WEICHERT REALTORS ASBURY GROUP-AC
  • Office Phone: (609) 344-6200

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: 11/5/2024, 3:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,447$114,000

History based on county public records data.

Payment Calculator

$1,435

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$843

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-2176239
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.94 miles

  • Public District Grades KG-5

school-card-donut-2176240
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 4.69 miles

  • Public District Grades PK-4

school-card-donut-2176241
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 5.28 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 $14,260. The most common annual income of people living in Atlantic City, NJ is less than $35k. 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 127 N Rhode Island Ave

What is the listing price of this property?

The listing price of 127 N Rhode Island Ave property is $259,000.

What type of property is this?

The property 127 N Rhode Island Ave is a house located in Atlantic City, New Jersey, 08401.

Is this property for sale now?

Active Listing: 127 N Rhode Island 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 $4,447 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 127 N Rhode Island Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 127 N Rhode Island Ave is 1,104 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 127 N Rhode Island Ave is 1990.

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›127 N Rhode Island Ave

This home is located at 127 N Rhode Island Ave in Atlantic City, NJ and zip code 08401 in the Uptown neighborhood. This 1,104 square foot home was built in 1990. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $259,000.

In October 2024, from all listings sold in Atlantic City, NJ there were more than 3 sold above asking price, over 11 sold below and more than 5 were sold right at the asked price. In October 2024 in Atlantic City, NJ there were 0.4% less homes for sale than in September 2024. While the average time on the market in October 2024 was 54 days, the median list price was $239,000.

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

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