13 days on rocket

2801 Arctic Ave Unit 3, Atlantic City, NJ, 08401

$575,000

Home List Price

$6,828*

Closing Credit

5 Bedrooms
2 Full Baths, 1 Partial
Multi
Schools Nearby

Location

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2801 Arctic Ave Unit 3, Atlantic City$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingOn-Street Parking
Year Built1965
HeatingOther, Electric, Natural Gas
CoolingNone
MLS #3902948
Lot Size0.03 Acres
StatusActive

About 2801 Arctic Ave Unit 3

"Prime location near famous casinos and boardwalk, featuring a restaurant, employee apartments, and untapped potential. A Triple-Level Gem! It's a great opportunity for first time home buyers to use the third floor for living and other two floor rent could pay the mortgage and also great investment for investors. The second floor is brimming with 3 spacious bedrooms and a full bath, rented to the restaurant's employees. Third floor is vacant and weighted with 2 Commodious bedrooms and Generous living space and full bath.Ground floor is well-known restaurant in the area for more than six years. The property is being sold strictly in "as-is, condition.

Property Details

Property Features

Property Information:

  • Architectural Style: 3-Three Story, See Remarks
  • Year Built: 1965

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (908) 754-7511

Interior Features

Interior Information:

  • Appliances: Other, Refrigerator
  • Basement: No
  • Interior: See Remarks

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Exterior: See Remarks, Sidewalk

Parking Information:

  • Parking: On-Street Parking

Lot Features

Lot Information:

  • Lot: Corner Lot
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Other, Electric, Natural Gas
  • Cooling: None

Other

Directions Information:

  • Directions: Use the Google Map or any GPS system.

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
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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

$225K

Med. Price/SqFt

$194

Avg. Days On Market

56

# of Sold Homes

33

2801 Arctic Ave Unit 3 vs Atlantic City

13 DAYS ON ROCKET

-43 Days

$575,000

+$350K More

KEY TAKEAWAY

This property is $350K 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: #3902948

Listing Office:

  • Office Name: COLDWELL BANKER REALTY
  • Office Phone: (908) 754-7511

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

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: 6/3/2024, 11:20:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

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$2,937

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

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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-8005192
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 0.10 miles

  • Public District Grades KG-5

school-card-donut-8005193
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 2.85 miles

  • Public District Grades PK-4

school-card-donut-8005194
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 3.44 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. The most common annual income of people living in Atlantic City, NJ is less than $35k. Residents typically live in single, no kids family. 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›2801 Arctic Ave Unit 3

This home is located at 2801 Arctic Ave Unit 3 in Atlantic City, NJ and zip code 08401 in the Chelsea neighborhood. This home, which was built in 1965, sits on a 0.03 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 21, 2024 and is currently priced at $575,000.

While more than 6 listings in Atlantic City, NJ in May 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 16 were sold below. The number of listings in Atlantic City, NJ increased by 2.1% between April 2024 and May 2024. The median list price of listings available in May 2024 was $225,000, while the average time on the real estate market was 56 days.

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

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