2 months on rocket

7 Fairmount Ter, Atlantic City, NJ, 08401

$160,000

Home List Price

$1,900*

Closing Credit

3 Bedrooms
1 Full Bath
House

Location

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7 Fairmount Ter, Atlantic City$160,000

Buyer Closing Credits

$1,900*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
HeatingNatural Gas
MLS #588502
StatusActive

About 7 Fairmount Ter

Don't miss this great opportunity to own in the heart of Atlantic City! Close to schools, shopping and casinos this 3 bedroom is what you have been looking for! Two spacious bedrooms, eat-in kitchen and large living room. An adorable front porch and large fenced in backyard seal the deal!!

Property Details

Property Features

Property Information:

  • Architectural Style: 2 Story
  • Stories: 2

Listing Office:

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

Interior Features

Interior Information:

  • Flooring Type: Tile, Vinyl, W/W Carpet

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Porch

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: /

Price Information

Listing Price Info

Price Summary:

  • List Price: $160,000

Tax Information:

  • Annual Amount: $1,962
  • 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

7 Fairmount Ter vs Atlantic City

80 DAYS ON ROCKET

+26 Days

$160,000

-$79K Less

KEY TAKEAWAY

This property is $79K 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: #588502

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: 11/17/2024, 8:20:54 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

Aug 05, 2014Home Sold
$22,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,962$50,300
2019$2,908$73,000
2018$2,579$73,000
2017$2,497$73,000

History based on county public records data.

Payment Calculator

$866

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$546

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-359382
3
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 0.31 miles

  • Public District Grades PK-5

school-card-donut-359383
8
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 3.04 miles

  • Public District Grades PK-4

school-card-donut-359384
9
/10

  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 3.63 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 $26,742. Residents of Atlantic City, NJ typically earn less than $35k each year. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7 Fairmount Ter

What is the listing price of this property?

The listing price of 7 Fairmount Ter property is $160,000.

What type of property is this?

The property 7 Fairmount Ter is a house located in Atlantic City, New Jersey, 08401.

Is this property for sale now?

Active Listing: 7 Fairmount Ter 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 $1,962 (source: MLS/based on county public records data).

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

The last sale was on August 5, 2014 for $22,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7 Fairmount Ter has 3 bedrooms and 1 bathroom.

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›7 Fairmount Ter

This home is located at 7 Fairmount Ter in Atlantic City, NJ and zip code 08401 in the Chelsea neighborhood. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 28, 2024 and is currently priced at $160,000.

Over 3 listings were sold over their listed price in October 2024 in Atlantic City, NJ. In the same period over 11 listings were sold below the listed price and 5 listings were sold for the listed price. In October 2024 in Atlantic City, NJ there were 0.4% less homes for sale than in September 2024. 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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