20 days on rocket

2427 Arctic Ave, Atlantic City, NJ, 08401

$160,000

Home List Price

$1,900*

Closing Credit

0 Baths
1,609 SqFt
$99/SqFt
Multi

Location

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2427 Arctic Ave, Atlantic City$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1938
HeatingForced Air, Natural Gas
CoolingCeiling Fan(s), Central Air
BasementYes
MLS #590051
StatusActive

About 2427 Arctic Ave

Duplex~1st floor commercial. Previous takeout restaurant. 2nd floor, 2BR/1B unit with private entrance. Unit features living room, 2 bedrooms, eat-in kitchen and 1 full bath. Front/rear access. Great opportunity for owner operator or investor. Central location. Close to beach/bay, casinos, expressway and local restaurants.

Property Details

Property Features

Property Information:

  • Year Built: 1938
  • Living Area: 1,609 SqFt

Listing Office:

  • Office Name: CASA BELLA REALTORS
  • Office Phone: (609) 601-1009

Interior Features

Interior Information:

  • Appliances: Gas Oven, Microwave, Refrigerator, Washer
  • Basement: Yes

Exterior Features

Exterior Information:

  • Exterior: Curbs, Deck, Needs Work, Sidewalks

Parking Information:

  • Attached Garage: No
  • Parking: None

Lot Features

Lot Information:

  • Lot: Curbs, Sidewalk

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

Other

Directions Information:

  • Directions: Arctic Ave between Florida and Georgia Avenues

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000
  • Price Per SqFt: $99/SqFt

Tax Information:

  • Annual Amount: $2,701
  • 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

2427 Arctic Ave vs Atlantic City

20 DAYS ON ROCKET

-34 Days

$160,000

-$79K Less

$99/SqFt

-$96 Less

KEY TAKEAWAY

This property is $79K less than the Median Sold Price and $96/SqFt less than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #590051

Listing Office:

  • Office Name: CASA BELLA REALTORS
  • Office Phone: (609) 601-1009

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$2,701$125,000
2019$8,095$203,200
2018$7,179$203,200
2017$6,951$203,200

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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-1959798
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 0.35 miles

  • Public District Grades KG-5

school-card-donut-1959799
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 3.10 miles

  • Public District Grades PK-4

school-card-donut-1959800
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 3.69 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 $26,742. Typical income of Atlantic City, NJ residents is less than $35k annually. The most common type of family is 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›2427 Arctic Ave

This home is located at 2427 Arctic Ave in Atlantic City, NJ and zip code 08401 in the Duck Town neighborhood. This 1,609 square foot home was built in 1938. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $160,000.

Over 3 listings were sold over their listed price in October 2024 in Atlantic City, NJ. In the same period over 11 listings were sold below the listed price and 5 listings were sold for the listed price. The number of homes for sale in Atlantic City, NJ decreased by 0.4% between September 2024 and October 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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