3 months on rocket

16 N Iowa Ave, Atlantic City, NJ, 08400

$600,000

Home List Price

$7,125*

Closing Credit

6 Bedrooms
5 Full Baths
3,550 SqFt
$169/SqFt
Multi

Location

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16 N Iowa Ave, Atlantic City$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOpen, Off Street, On Street, None
Year Built1930
CoolingCentral Air
BasementYes
MLS #22417468
Lot Size0.03 Acres
StatusActive

About 16 N Iowa Ave

Come view this newly renovated multi-family home in the heart of Atlantic City. Property features 5 units. Two studio units, One 2 bed- 1 bath and Two units; 1 bed-1 bath all are ready to be filled. Flooring, paint, appliances, plumbing, electrical and plumbing fixtures have all been replaced. Update kitchen cabinetry in all units too! Generate income and live on site in one of the units. This won't last long schedule your showing today!

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 3,550 SqFt

Listing Office:

  • Office Name: Diamond Realty Associates, INC
  • Listing Agent: Carla Elfeld

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Full Bathrooms: 5
  • Total Bedroom Count: 6

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Open, Off Street, On Street, None

Lot Features

Lot Information:

  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
  • Price Per SqFt: $169/SqFt

Tax Information:

  • Annual Amount: $8,192
  • 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

$230K

Med. Price/SqFt

$208

Avg. Days On Market

58

# of Sold Homes

26

16 N Iowa Ave vs Atlantic City

119 DAYS ON ROCKET

+61 Days

$600,000

+$370K More

$169/SqFt

-$40 Less

KEY TAKEAWAY

This property is $370K more than the Median Sold Price and $40/SqFt less 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: #22417468

Listing Office:

  • Office Name: Diamond Realty Associates, INC
  • Listing Agent: Carla Elfeld

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: 10/18/2024, 12:50:53 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

Jul 01, 2013Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,192$210,000
2019$10,956$275,000
2018$9,716$275,000
2017$9,408$275,000

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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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-698864
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 0.11 miles

  • Public District Grades KG-5

school-card-donut-698865
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 2.86 miles

  • Public District Grades PK-4

school-card-donut-698866
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 3.43 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 $37,742. Most Atlantic City, NJ residents have annual incomes less than $35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08400›16 N Iowa Ave

This home is located at 16 N Iowa Ave in Atlantic City, NJ and zip code 08400 in the Chelsea neighborhood. This 3,550 square foot home, which was built in 1930, sits on a 0.03 acre lot. Features: 6 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since June 20, 2024 and is currently priced at $600,000.

Over 2 listings were sold over their listed price in September 2024 in Atlantic City, NJ. In the same period over 15 listings were sold below the listed price and 4 listings were sold for the listed price. In September 2024 in Atlantic City, NJ there were 5.1% more homes for sale than in August 2024. In September 2024 median list price was $230,000 and the average listing age was 58 days.

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

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