11 months on rocket

803 Penrose Rd, Atlantic City, NJ, 08401

$399,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
MLS #570693
StatusActive

About 803 Penrose Rd

Large lot available in AC. Near Convention Center. Taxes and Assessment are combined/estimated for both lots. While currently undeveloped, the property holds exciting possibilities subject to city approval. Partner with the City's Planning Department to explore zoning regulations and discuss potential uses for the land. The seller is motivated and welcomes your offer to bring this property to life. The buyer is responsible for all approvals. The seller is a licensed Real Estate Agent.

Property Details

Property Features

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
  • Office Phone: (609) 266-7676

Lot Features

Lot Information:

  • Lot: Cleared

Other

Directions Information:

  • Directions: G P S

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000

Tax Information:

  • Annual Amount: $5,742
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Atlantic City, NJ.

Med. Sold Price

$239K

Med. Price/SqFt

$194

Avg. Days On Market

54

# of Sold Homes

36

803 Penrose Rd vs Atlantic City

355 DAYS ON ROCKET

+301 Days

$399,000

+$160K More

KEY TAKEAWAY

This property is $160K 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: #570693

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE
  • Office Phone: (609) 266-7676

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, 10:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,742$147,200
2019$4,689$117,700
2018$4,158$117,700
2017 - $117,700

History based on county public records data.

Payment Calculator

$2,059

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

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-2108550
2
/10
  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.18 miles

  • Public District Grades KG-5

school-card-donut-2108551
7
/10
  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 3.64 miles

  • Public District Grades PK-4

school-card-donut-2108552
8
/10
  • William H. Ross III School

  • 101 N Haverford Ave

  • 4.29 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $42,674. Residents of Atlantic City, NJ typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 803 Penrose Rd

What is the listing price of this property?

The listing price of 803 Penrose Rd property is $399,000.

What type of property is this?

The property 803 Penrose Rd is land located in Atlantic City, New Jersey, 08401.

Is this property for sale now?

Active Listing: 803 Penrose Rd 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 $5,742 (source: MLS/based on county public records data).
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Rocket HomesNew JerseyAtlantic CountyAtlantic City08401803 Penrose Rd

This home is located at 803 Penrose Rd in Atlantic City, NJ and zip code 08401 in the Monroe Park neighborhood. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $399,000.

In October 2024, from all listings sold in Atlantic City, NJ there were more than 3 sold above asking price, over 11 sold below and more than 5 were sold right at the asked price. Between September 2024 and October 2024, Atlantic City, NJ real estate market has seen decrease in the number of listings by 0.4%. In October 2024, listings were on the market for 54 days. During the same period, the median list price in this real estate market was $239,000.

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

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