7 months on rocket

321 Atlantic Ave, Atlantic City, NJ, 08401

$395,000

Home List Price

$4,691*

Closing Credit

0 Baths
2,181 SqFt
$181/SqFt
Multi

Location

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321 Atlantic Ave, Atlantic City$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeTriplex
ParkingThree or More Cars
HeatingBaseboard, Natural Gas
CoolingElectric, Window Unit(s)
MLS #583855
StatusActive

About 321 Atlantic Ave

Here is a great opportunity to own a renovated multi-dwelling in an amazing location in Atlantic City. The property has a commercial space on the ground level and one rented studio apartment with a reliable tenant who pays $1150 per month. Additionally, the 2nd and 3rd floors have two fully renovated apartments with brand new bathrooms, kitchens, and appliances. The 2nd-floor unit is currently rented for $1650 per month, while the 3rd-floor unit is rented for $1500, a month-to-month lease, and available for showing with an appointment. The location is superb, with easy access to dining, shopping, and cultural centers, providing all necessary amenities within reach. It's just a block away from the famous casinos and beaches of Atlantic City. The whole building has views of the Absecon Lighthouse, the Ocean Casino, Hardrock, And Showboat, with a new Waterpark.

Property Details

Property Features

Property Information:

  • Living Area: 2,181 SqFt

Listing Office:

  • Office Name: BHHS FOX and ROACH-Northfield
  • Office Phone: (609) 646-1900

Interior Features

Interior Information:

  • Appliances: Electric Stove, Microwave, Refrigerator

Exterior Features

Exterior Information:

  • Exterior: Curbs, Porch, Sidewalks

Parking Information:

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

Lot Features

Lot Information:

  • Lot: Curbs, Sidewalk

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas
  • Cooling: Electric, Window Unit(s)

Other

Directions Information:

  • Directions: 300 Block of Atlantic, near corner of Rhode Island

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $181/SqFt

Tax Information:

  • Annual Amount: $3,503
  • 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

321 Atlantic Ave vs Atlantic City

232 DAYS ON ROCKET

+178 Days

$395,000

+$156K More

$181/SqFt

-$14 Less

KEY TAKEAWAY

This property is $156K more than the Median Sold Price and $14/SqFt less than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #583855

Listing Office:

  • Office Name: BHHS FOX and ROACH-Northfield
  • Office Phone: (609) 646-1900

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: 11/24/2024, 4:20:52 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$3,503$90,000
2019$4,302$108,000
2018$4,664$132,000
2017$4,516$132,000

History based on county public records data.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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-1078754
3
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.95 miles

  • Public District Grades PK-5

school-card-donut-1078755
8
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 4.70 miles

  • Public District Grades PK-4

school-card-donut-1078756
9
/10

  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 5.27 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 $70,000. Typical income of Atlantic City, NJ residents is between $35k-100k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›321 Atlantic Ave

This home is located at 321 Atlantic Ave in Atlantic City, NJ and zip code 08401 in the Uptown neighborhood. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $395,000.

While more than 3 listings in Atlantic City, NJ in October 2024 were sold above asking price, there were more than 5 listings sold at asking price, and more than 11 were sold below. In October 2024 in Atlantic City, NJ there were 0.4% less homes for sale than in September 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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