2 months on rocket

21 N Sovereign Ave, Atlantic City, NJ, 08401

$599,000

Home List Price

$7,113*

Closing Credit

0 Baths
Multi

Location

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21 N Sovereign Ave, Atlantic City$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingTwo Car
Year BuiltNew Const.
HeatingNatural Gas
CoolingCentral Air
BasementYes
WaterfrontSee Remarks
ViewSee Remarks
MLS #590014
StatusActive

About 21 N Sovereign Ave

Presenting a unique NEW CONSTRUCTION opportunity in Atlantic City. This gem features an impeccable duplex property located at 21 N Sovereign Ave. in AC, on an oversized lot of 28X100. Imagine living in your own brand new, never before lived-in home for 599K!! Live, invest, spend your summers, weekends or retire without breaking the bank. There are so many ways to enjoy and monetize this property. Live in one unit and rent the other. Condo conversion. Rent both units. Airbnb. 2-family living. The possibilities are endless. Each unit features 3 bedrooms (1 en-suite) 2 full baths with a spacious format of 1140 ft.² ( that's 2280 ft.² total) of air conditioned space. Rounded out with a front deck, off-street parking and an oversized backyard. Centrally located and within walking distance to the boardwalk, beach, bay, Boardwalk Hall, Tropicana Casino, The Walk Outlets, and iconic dining like Café 2825, Angelo's, White House, Doc's and the Knife and Fork. This is Atlantic City living at its finest. Some of the new features include but are not limited to: Luxury vinyl flooring throughout, granite countertops, exterior vinyl fencing, tankless hot water heater, central air conditioning, irrigation system, 6 foot crawl space for plenty of storage, natural gas, garbage disposal, front deck, stainless appliances, washer/dryer, outdoor shower and 2 car off street parking. Atlantic City is one of the best beach towns in the United States to buy a home for the second year in a row, a study from Realtor.com finds. There's also a five year tax abatement for new construction. Be sure to inquire about the special financial programs Atlantic City is offering. Estimated completion date is first quarter 2025.

Property Details

Property Features

Listing Office:

  • Office Name: Soleil Sotheby's International Realty - A
  • Office Phone: (609) 487-8000

Interior Features

Interior Information:

  • Appliances: Disposal, Dishwasher, Dryer, Gas Oven, Refrigerator, Self Cleaning Oven
  • Basement: Yes

Exterior Features

Exterior Information:

  • Waterfront: See Remarks
  • View: See Remarks
  • Exterior: Curbs, Deck, Outside Shower, Patio, Porch, Sidewalks

Parking Information:

  • Attached Garage: No
  • Parking: Two Car

Lot Features

Lot Information:

  • Lot: Curbs, Sidewalk

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Sovereign Ave between Arctic and Atlantic Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000

Tax Information:

  • Annual Amount: $1,673
  • 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

21 N Sovereign Ave vs Atlantic City

64 DAYS ON ROCKET

-9 Days

$599,000

+$359.3K More

KEY TAKEAWAY

This property is $359.3K more than the Median Sold Price in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #590014

Listing Office:

  • Office Name: Soleil Sotheby's International Realty - A
  • Office Phone: (609) 487-8000

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: 12/18/2024, 9:21:04 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

Oct 03, 2005Home Sold
$320,000
Oct 22, 2001Home Sold
$140,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,673$36,200
2019$1,673$42,000
2018$1,484$42,000
2017$1,437$42,000

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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-95563
3
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 0.18 miles

  • Public District Grades PK-5

school-card-donut-95564
8
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 2.58 miles

  • Public District Grades PK-4

school-card-donut-95565
9
/10

  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 3.15 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 $43,839. Most Atlantic City, NJ residents have annual incomes between $35k-100k. The most common type of family 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›08401›21 N Sovereign Ave

This home is located at 21 N Sovereign Ave in Atlantic City, NJ and zip code 08401 in the Chelsea neighborhood. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $599,000.

In November 2024, from all listings sold in Atlantic City, NJ there were more than 4 sold above asking price, over 17 sold below and more than 2 were sold right at the asked price. Between October 2024 and November 2024, Atlantic City, NJ real estate market has seen increase in the number of listings by 3.8%. 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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