8 months on rocket

401 N Dr Martin Luther King Blvd, Atlantic City, NJ, 08401

$499,900

Home List Price

$5,936*

Closing Credit

0 Baths
Multi

Location

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401 N Dr Martin Luther King Blvd, Atlantic City$499,900

Buyer Closing Credits

$5,936*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
HeatingNatural Gas
MLS #582762
StatusActive

About 401 N Dr Martin Luther King Blvd

INVESTOR ALERT! Mixed-use duplex building. Commercial space in the front, perfect for a convenience store and/or carry-out restaurant. It has a full kitchen and 1 bathroom. And in the back or side of the unit is a RENOVATED 5 BR / 1.5 BA 2-story home for sale in the midtown section of Atlantic City. Conveniently located less than a mile away from the Casino's, Beach, Boardwalk, Tanger Outlets and the AC Expressway. Only 5 minutes from Stockton University! Property will be sold as-is and buyer to obtain all city permits after closing, including CO.

Property Details

Property Features

Listing Office:

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

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: Left of Arctic. Left on N Dr MLK Blvd. Building on the right corner.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,900

Tax Information:

  • Annual Amount: $5,056
  • 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

401 N Dr Martin Luther King Blvd vs Atlantic City

265 DAYS ON ROCKET

+211 Days

$499,900

+$260.9K More

KEY TAKEAWAY

This property is $260.9K 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: #582762

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: 11/22/2024, 5:20:54 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

Jun 15, 2006Home Sold
$200,000

Tax History

YEARPROP. TAXASSESSMENT
2020$5,056$129,600
2019$4,860$122,000
2018$4,310$122,000
2017$4,174$122,000

History based on county public records data.

Payment Calculator

$2,562

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,565

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-687593
3
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.01 miles

  • Public District Grades PK-5

school-card-donut-687594
8
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 3.71 miles

  • Public District Grades PK-4

school-card-donut-687595
9
/10

  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 4.31 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 $25,597. Most Atlantic City, NJ residents have annual incomes less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›401 N Dr Martin Luther King Blvd

This home is located at 401 N Dr Martin Luther King Blvd in Atlantic City, NJ and zip code 08401 in the Westside neighborhood. It has been listed on Rocket Homes since March 02, 2024 and is currently priced at $499,900.

In October 2024 more than 3 listings in Atlantic City, NJ were sold above the asking price. During the same period more than 5 listings were sold at asking price, while more than 11 were sold below. Between September 2024 and October 2024, Atlantic City, NJ real estate market has seen decrease in the number of listings by 0.4%. 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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