3 months on rocket

513 Melrose Ave, Atlantic City, NJ, 08401

$194,999

Home List Price

$2,316*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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513 Melrose Ave, Atlantic City$194,999

Buyer Closing Credits

$2,316*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingSee Remarks
HeatingNatural Gas, Radiant, Other
WaterfrontSee Remarks
ViewSee Remarks
MLS #587135
StatusActive

About 513 Melrose Ave

Just in time for the summer! This vintage Atlantic City house has been upgraded with a new furnace, new roof within the last few years, and new counter top and cabinets. Beach is only 5 blocks away with public transportation, food, fun and entertainment at Gardner Basin. You can enjoy all the wonderful things that Atlantic City has to offer. This property is for you, whether you're an investor looking to build your portfolio or someone looking for a place to call home. Book your showing today!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Stories: 2

Listing Office:

  • Office Name: WEICHERT REALTORS ASBURY GROUP-AC
  • Office Phone: (609) 344-6200

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Gas Oven, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Laminate Flooring
  • Interior: Carbon Monoxide Detector

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: See Remarks
  • View: See Remarks
  • Exterior: Fenced Yard, Porch, Porch Enclosed, Shed

Parking Information:

  • Attached Garage: No
  • Parking: See Remarks

Lot Features

Lot Information:

  • Lot: Fencing

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant, Other

Other

Directions Information:

  • Directions: Mediterranean Ave toward Gardner Basin 513 Melrose Ave on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $194,999

Tax Information:

  • Annual Amount: $3,101
  • 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

513 Melrose Ave vs Atlantic City

112 DAYS ON ROCKET

+58 Days

$194,999

-$44K Less

KEY TAKEAWAY

This property is $44K less than the Median Sold Price in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #587135

Listing Office:

  • Office Name: WEICHERT REALTORS ASBURY GROUP-AC
  • Office Phone: (609) 344-6200

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, 9:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 19, 2016Home Sold
$16,500
Mar 14, 2005Home Sold
$149,000
Dec 20, 2004Home Sold
$85,000
Jun 23, 2004Home Sold
$67,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,101$79,500
2019$2,390$60,000
2018$2,120$60,000
2017$5,946$173,800

History based on county public records data.

Payment Calculator

$1,041

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$651

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-1982092
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.84 miles

  • Public District Grades KG-5

school-card-donut-1982093
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 4.58 miles

  • Public District Grades PK-4

school-card-donut-1982094
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 5.18 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 $44,940. Typical income of Atlantic City, NJ residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 513 Melrose Ave

What is the listing price of this property?

The listing price of 513 Melrose Ave property is $194,999.

What type of property is this?

The property 513 Melrose Ave is a house located in Atlantic City, New Jersey, 08401.

Is this property for sale now?

Active Listing: 513 Melrose Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,101 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 19, 2016 for $16,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 513 Melrose Ave has 3 bedrooms and 1 bathroom.

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›513 Melrose Ave

This home is located at 513 Melrose Ave in Atlantic City, NJ and zip code 08401 in the Bungalow Park neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 16, 2024 and is currently priced at $194,999.

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. In October 2024 median list price was $239,000 and the average listing age was 54 days.

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

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