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55 S Elberon Ave, Atlantic City, NJ, 08401

$599,000

Home List Price

$7,113*

Closing Credit

0 Baths
Multi

Location

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55 S Elberon Ave, Atlantic City$599,000

Buyer Closing Credits

$7,113*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingTwo Car
HeatingNatural Gas, Radiant
BasementYes
MLS #588917
StatusActive

About 55 S Elberon Ave

Huge Duplex in Lower Chelsea featuring 6 bedrooms and 4.5 baths in the main unit with 2 bedrooms and 2 bath on the ground level unit. Take advantage of this great income producing property. This well cared for home features an expansive living room and dining room with high ceilings, fireplace, large covered front porch, and long concrete driveway. New vinyl flooring, updated kitchen and appliances and a new roof in 2019. Walking distance to the beach and boardwalk and conveniently located near public transportation, casinos, and restaurants. Perfect for Air BnB!!

Property Details

Property Features

Listing Office:

  • Office Name: BHHS FOX and ROACH-Margate
  • Office Phone: (609) 822-4200

Interior Features

Interior Information:

  • Appliances: Dryer, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Yes

Exterior Features

Exterior Information:

  • Exterior: Curbs, Deck, Patio, Porch, Sidewalks

Parking Information:

  • Attached Garage: No
  • Parking: Two Car

Lot Features

Lot Information:

  • Lot: Curbs, Sidewalk

Utilities

Utilities Information:

  • Heating: Natural Gas, Radiant

Other

Directions Information:

  • Directions: /

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,000

Tax Information:

  • Annual Amount: $8,403
  • 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

55 S Elberon Ave vs Atlantic City

55 DAYS ON ROCKET

+1 Day

$599,000

+$360K More

KEY TAKEAWAY

This property is $360K 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: #588917

Listing Office:

  • Office Name: BHHS FOX and ROACH-Margate
  • Office Phone: (609) 822-4200

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, 8:20:55 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 20, 2016Home Sold
$210,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,403$215,400
2019$8,167$205,000
2018$7,243$205,000
2017$7,013$205,000

History based on county public records data.

Payment Calculator

$3,057

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,862

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-1974837
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 0.62 miles

  • Public District Grades KG-5

school-card-donut-1974838
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 2.19 miles

  • Public District Grades PK-4

school-card-donut-1974839
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 2.75 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 $27,396. Residents of Atlantic City, NJ typically earn less than $35k each year. The most common type of family is single, no kids. 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›55 S Elberon Ave

This home is located at 55 S Elberon Ave in Atlantic City, NJ and zip code 08401 in the Lower Chelsea neighborhood. It has been listed on Rocket Homes since September 10, 2024 and is currently priced at $599,000.

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 inventory of homes for sale in Atlantic City, NJ between September 2024 and October 2024 decreased by 0.4%. While the average time on the market in October 2024 was 54 days, the median list price was $239,000.

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

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