2 months on rocket

171 S Tennessee Ave, Atlantic City, NJ, 08401

$149,000

Home List Price

$1,769*

Closing Credit

0 Baths
4,040 SqFt
$37/SqFt
Multi

Location

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171 S Tennessee Ave, Atlantic City$149,000

Buyer Closing Credits

$1,769*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingThree or More Cars
HeatingOil, Other
WaterfrontWaterfront
ViewWater, Ocean
MLS #588237
StatusActive

About 171 S Tennessee Ave

Rehab GRANT money may be available through NJEDA! BEACH BLOCK - TENNESSEE AVE - in the heart of the ORANGE LOOP PROJECT and located within the NJ Opportunity Zone and the Atlantic City Tourism District!! Zoned RS-C. This is a perfect project for up and coming investors. Located between the Beer hall and the beach and boardwalk with great potential. First floor needs to be converted to commercial space, parking or storage, second floor 2bdrm apartment can stay, the top two floors would need to be converted to 1 or 2 more residential apartments, or convert all three upper floors into one large luxury home. Location has major Air bnb potential in the up and coming nightlife block in AC. Could also be torn down to a lot and used for your own vision. As-is Sale ONLY, Bldg is entirely vacant. Buy now with a few Bitcoins or ask about Private Financing Available Starting at 10%, Bldg is Vacant.

Property Details

Property Features

Property Information:

  • Living Area: 4,040 SqFt

Listing Office:

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

Exterior Features

Exterior Information:

  • Waterfront: Waterfront
  • View: Water, Ocean
  • Exterior: Beach Access, Boardwalk Access, Curbs, Needs Work, Ocean View, Porch, Sidewalks

Parking Information:

  • Attached Garage: No
  • Parking: Three or More Cars

Lot Features

Lot Information:

  • Lot: Beach, Curbs, Views, Sidewalk

Utilities

Utilities Information:

  • Heating: Oil, Other

Other

Directions Information:

  • Directions: Beach block Tennessee ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,000
  • Price Per SqFt: $37/SqFt

Tax Information:

  • Annual Amount: $11,001
  • 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

171 S Tennessee Ave vs Atlantic City

76 DAYS ON ROCKET

+22 Days

$149,000

-$90K Less

$37/SqFt

-$158 Less

KEY TAKEAWAY

This property is $90K less than the Median Sold Price and $158/SqFt less than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #588237

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, 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

Listing History

Apr 19, 2016Home Sold
$75,000
May 19, 2006Home Sold
$370,000

Tax History

YEARPROP. TAXASSESSMENT
2020$11,001$282,000
2019$10,756$270,000
2018$9,539$270,000
2017$9,237$270,000

History based on county public records data.

Payment Calculator

$811

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$513

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-1976741
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.22 miles

  • Public District Grades KG-5

school-card-donut-1976742
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 3.96 miles

  • Public District Grades PK-4

school-card-donut-1976743
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 4.52 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 $25,049. Most Atlantic City, NJ residents have annual incomes less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›171 S Tennessee Ave

This home is located at 171 S Tennessee Ave in Atlantic City, NJ and zip code 08401 in the Downtown neighborhood. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $149,000.

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. The number of listings in Atlantic City, NJ decreased by 0.4% between September 2024 and October 2024. Listings spent 54 days on the market in October 2024, and had a median list price of $239,000 during the same period.

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

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