new - 8 hours on rocket

527 Melrose Ave, Atlantic City, NJ, 08401

$310,000

Home List Price

$3,681*

Closing Credit

4 Bedrooms
2 Full Baths
House

Location

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527 Melrose Ave, Atlantic City$310,000

Buyer Closing Credits

$3,681*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
HeatingHot Water
MLS #590873
StatusActive

About 527 Melrose Ave

Everything included with an extra price of 10k. Our home features a smart lock entry, a brand-new front door, and updated porch lighting, welcoming guests into a newly designed open floor plan with calming yellow walls and luxury vinyl flooring throughout. The living room includes a new sleeper sofa, electric fireplace, and smart TV, while the modern dining area with a metal table is perfect for meals or game nights. The kitchen boasts stainless steel appliances, quartz countertops, and ample cookware, while a nearby spare bedroom offers a queen-sized bed and a full-sized bath with a corner shower and washer/dryer. The back deck, accessible from the bedroom, provides space for entertaining with a grill, patio table, and chairs.

Property Details

Property Features

Property Information:

  • Architectural Style: Historical

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
  • Office Phone: (609) 484-9890

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Hot Water

Other

Directions Information:

  • Directions: Continue south for about 1.5 miles and then turn right onto Melrose Avenue. Continue on Melrose Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $310,000

Tax Information:

  • Annual Amount: $3,409
  • 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

527 Melrose Ave vs Atlantic City

1 DAY ON ROCKET

-53 Days

$310,000

+$71K More

KEY TAKEAWAY

This property is $71K 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: #590873

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
  • Office Phone: (609) 484-9890

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: 11/17/2024, 3:20:51 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

Apr 06, 2021Home Sold
$78,500
Oct 11, 2018Home Sold
$32,000
Jun 26, 2018Home Sold
$32,000
Oct 09, 2007Home Sold
$158,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,409$89,700
2019$3,521$88,400
2018$3,123$88,400
2017$3,421$100,000

History based on county public records data.

Payment Calculator

$1,615

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$996

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-362270
3
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.81 miles

  • Public District Grades PK-5

school-card-donut-362271
8
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 4.55 miles

  • Public District Grades PK-4

school-card-donut-362272
9
/10

  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 5.14 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. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 527 Melrose Ave

What is the listing price of this property?

The listing price of 527 Melrose Ave property is $310,000.

What type of property is this?

The property 527 Melrose Ave is a house located in Atlantic City, New Jersey, 08401.

Is this property for sale now?

Active Listing: 527 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 $3,409 (source: MLS/based on county public records data).

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

The last sale was on April 6, 2021 for $78,500. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 527 Melrose Ave has 4 bedrooms and 2 bathrooms.

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›527 Melrose Ave

This home is located at 527 Melrose Ave in Atlantic City, NJ and zip code 08401 in the Bungalow Park neighborhood. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 17, 2024 and is currently priced at $310,000.

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. The number of homes for sale in Atlantic City, NJ decreased by 0.4% between September 2024 and October 2024. Listings spent 54 days on the market in October 2024, and had a median list price of $239,000 during the same period.

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

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