9 unit apartment building ready to be built. This exclusive offering comes bundled with town-approved plans, site plans, architectural and building plans. Envision the potential as each unit targets a rent of $1,400, projecting an impressive gross rental income of approximately $151,200. Convenience meets luxury, as the meticulously designed apartments are tailored for modern living, providing tenants with stylish and comfortable living spaces that are sure to leave a lasting impression. Act now and transform this building-lot into a lucrative investment for years to come.
Property Details
Property Features
Listing Office:
Office Name: EXP REALTY, LLC
Office Phone: (866) 201-6210
Lot Features
Lot Information:
Lot: Level, Open Lot, See Remarks
Other
Directions Information:
Directions: Take Atlantic City Ave to N. Florida Ave
Price Information
Listing Price Info
Price Summary:
List Price: $159,000
Tax Information:
Annual Amount: $7,570
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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Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
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Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Sep 12, 2019
Sep 12, 2019Home Sold
$165,000
Nov 16, 2016
Nov 16, 2016Home Sold
$240,000
Feb 24, 2014
Feb 24, 2014Home Sold
$185,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$7,570
$165,000
2019
$7,569
$190,000
2018
$6,713
$190,000
2017
$6,500
$190,000
History based on county public records data.
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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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Brighton Avenue School
30 N Brighton Ave
Distance between this listing and this school0.36 miles
Public District Grades PK-5
8
/10
Ventnor Elementary School
400 N Lafayette Ave
Distance between this listing and this school3.11 miles
Public District Grades PK-4
9
/10
William H. Ross III Elementary School
101 N Haverford Ave
Distance between this listing and this school3.68 miles
Public District Grades PK-4
Nearby Schools
2
/10
Texas Avenue School
2523 Arctic Ave
Distance between this listing and this school0.13 miles
Public District Grades KG-8
4
/10
Sovereign Avenue School
111 N Sovereign Ave
Distance between this listing and this school0.55 miles
Public District Grades PK-8
3
/10
Dr. Martin Luther King Jr. School Complex
1700 Marmora Ave
Distance between this listing and this school0.57 miles
Public District Grades PK-8
Nearby Schools
2
/10
Atlantic City High School
1400 N Albany Ave
Distance between this listing and this school2.01 miles
Public District Grades 9-12
2
/10
Pleasantville High School
701 Mill Rd
Distance between this listing and this school5.68 miles
Public District Grades 9-12
5
/10
Mainland Regional High School
1301 Oak Ave
Distance between this listing and this school7.24 miles
The neighbors living near this home have an average income of $26,742. The most common annual income of people living in Atlantic City, NJ is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7 N Florida Ave
What is the listing price of this property?
The listing price of 7 N Florida Ave property is $159,000.
What type of property is this?
The property 7 N Florida Ave is land located in Atlantic City, New Jersey, 08401.
Is this property for sale now?
Active Listing: 7 N Florida 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 $7,570 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on September 12, 2019 for $165,000. (source: MLS/tax record).
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This home is located at 7 N Florida Ave in Atlantic City, NJ and zip code 08401 in the Duck Town neighborhood. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $159,000.
Atlantic City, NJ housing market in October 2024 saw over 3 listings sold above listed price, more than 5 sold at listed price and over 11 sold below. The number of listings in Atlantic City, NJ decreased by 0.4% between September 2024 and October 2024. 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.