3 months on rocket

700 N Adriatic Ave, Atlantic City, NJ, 08401

$469,000

Home List Price

$5,569*

Closing Credit

0 Baths
3,016 SqFt
$156/SqFt
Multi

Location

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700 N Adriatic Ave, Atlantic City$469,000

Buyer Closing Credits

$5,569*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingThree or More Cars
HeatingBaseboard
MLS #589224
StatusActive

About 700 N Adriatic Ave

Quadplex with four-two bedroom units located in Bungalow Park on the corner of Adriatic and N. NJ Aves. Prime location for landlords since its surrounded by the Ocean Casino, Showboat, Waterpark, Hardrock, Steel Peir, Resorts, Margaritaville, Golden Nugget, Farleys Marina, Borgata, MGM, Harrahs, Gardners Basin, Backbay Ale House, Absecon Lighthouse, Little Water Distillery, the Seed Brewery and of course the Atlantic Ocean, Jersey Shore Beaches and the worlds most famous Boardwalk to ensure that there will never any shortage of paying tenants! Each unit has seperate Gas, Electric, and cable so the tenants can all pay their own utilities. Plenty of street parking on Adriatic and NJ aves. Income and Expenses are available to qualified buyers. There is one vacancy at the time of this lsiting, the three occupied units are all on Section 8.

Property Details

Property Features

Property Information:

  • Living Area: 3,016 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Gas Oven, Refrigerator, Self Cleaning Oven

Exterior Features

Exterior Information:

  • Exterior: Curbs, Sidewalks

Parking Information:

  • Attached Garage: No
  • Parking: Three or More Cars

Lot Features

Lot Information:

  • Lot: Curbs, Sidewalk

Utilities

Utilities Information:

  • Heating: Baseboard

Other

Directions Information:

  • Directions: Corner of NJ and Adriatic Ave in Bungalow Park

Price Information

Listing Price Info

Price Summary:

  • List Price: $469,000
  • Price Per SqFt: $156/SqFt
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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

$239.6K

Med. Price/SqFt

$188

Avg. Days On Market

73

# of Sold Homes

34

700 N Adriatic Ave vs Atlantic City

94 DAYS ON ROCKET

+21 Days

$469,000

+$229.3K More

$156/SqFt

-$32 Less

KEY TAKEAWAY

This property is $229.3K more than the Median Sold Price and $32/SqFt less than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #589224

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: 12/21/2024, 9:21:05 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$2,408

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,473

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-793713
3
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.72 miles

  • Public District Grades PK-5

school-card-donut-793714
8
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 4.44 miles

  • Public District Grades PK-4

school-card-donut-793715
9
/10

  • William H. Ross III Elementary School

  • 101 N Haverford Ave

  • 5.04 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 $18,875. Most Atlantic City, NJ residents have annual incomes less than $35k. Most 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

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›700 N Adriatic Ave

This home is located at 700 N Adriatic Ave in Atlantic City, NJ and zip code 08401 in the Bungalow Park neighborhood. It has been listed on Rocket Homes since September 18, 2024 and is currently priced at $469,000.

Over 4 listings were sold over their listed price in November 2024 in Atlantic City, NJ. In the same period over 17 listings were sold below the listed price and 2 listings were sold for the listed price. The number of homes for sale in Atlantic City, NJ increased by 3.8% between October 2024 and November 2024. In November 2024 median list price was $239,633 and the average listing age was 73 days.

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

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