9 months on rocket

1538 Penrose Ave, Atlantic City, NJ, 08401

$64,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #585794
StatusActive

About 1538 Penrose Ave

Great location to build your dream home! Corner lot!

Property Details

Property Features

Listing Office:

  • Office Name: 3DX Real Estate, LLC
  • Office Phone: (888) 304-1447

Other

Directions Information:

  • Directions: MLK Blvd to Penrose

Price Information

Listing Price Info

Price Summary:

  • List Price: $64,000

Tax Information:

  • Annual Amount: $2,204
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$239K

Med. Price/SqFt

$194

Avg. Days On Market

54

# of Sold Homes

36

1538 Penrose Ave vs Atlantic City

285 DAYS ON ROCKET

+231 Days

$64,000

-$175K Less

KEY TAKEAWAY

This property is $175K 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: #585794

Listing Office:

  • Office Name: 3DX Real Estate, LLC
  • Office Phone: (888) 304-1447

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, 8:20:55 AM 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$2,204$56,500
2019$2,390$60,000
2018$2,120$60,000
2017$2,053$60,000

History based on county public records data.

Payment Calculator

$387

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$258

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-1989622
2
/10
  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.35 miles

  • Public District Grades KG-5

school-card-donut-1989623
7
/10
  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 3.54 miles

  • Public District Grades PK-4

school-card-donut-1989624
3
/10
  • Leeds Avenue Elementary School

  • 100 W Leeds Ave

  • 4.01 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,098. Residents of Atlantic City, NJ typically earn between $35k-100k each year. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1538 Penrose Ave

What is the listing price of this property?

The listing price of 1538 Penrose Ave property is $64,000.

What type of property is this?

The property 1538 Penrose Ave is land located in Atlantic City, New Jersey, 08401.

Is this property for sale now?

Active Listing: 1538 Penrose 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 $2,204 (source: MLS/based on county public records data).
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Rocket HomesNew JerseyAtlantic CountyAtlantic City084011538 Penrose Ave

This home is located at 1538 Penrose Ave in Atlantic City, NJ and zip code 08401 in the Venice Park neighborhood. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $64,000.

In October 2024 more than 3 listings in Atlantic City, NJ were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 11 were sold below. In October 2024 in Atlantic City, NJ there were 0.4% less homes for sale than in September 2024. 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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