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1421 Drexel Ave, Atlantic City, NJ, 08401

$199,900

Home List Price

$2,374*

Closing Credit

0 Baths
1,248 SqFt
$160/SqFt
Multi
Schools Nearby

Location

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1421 Drexel Ave, Atlantic City$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Site Parking
HeatingForced Air, Natural Gas
CoolingElectric, Window Unit(s)
MLS #582823
StatusActive

About 1421 Drexel Ave

This is a legal duplex and a great opportunity for investment income or for someone to live in one unit and rent out the other. Each unit consists of 2 bedrooms and 1 bathroom. The 1st-floor unit is currently rented for $1,400.00 per month and has an up-to-date 1-year lease. The 2nd-floor unit will require renovation but has a potential rental income of $1,500.00 per month. The property is located in close proximity to the casinos and beaches of Atlantic City.

Property Details

Property Features

Property Information:

  • Living Area: 1,248 SqFt

Listing Office:

  • Office Name: BHHS FOX and ROACH-Northfield
  • Office Phone: (609) 646-1900

Interior Features

Interior Information:

  • Appliances: Gas Oven, Refrigerator

Exterior Features

Exterior Information:

  • Exterior: Curbs, Porch, Sidewalks

Parking Information:

  • Attached Garage: No
  • Parking: Off Site Parking

Lot Features

Lot Information:

  • Lot: Curbs, Sidewalk

Utilities

Utilities Information:

  • Heating: Forced Air, Natural Gas
  • Cooling: Electric, Window Unit(s)

Other

Directions Information:

  • Directions: Drexel Ave, Atlantic City

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $160/SqFt

Tax Information:

  • Annual Amount: $2,887
  • 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

$220.5K

Med. Price/SqFt

$196

Avg. Days On Market

53

# of Sold Homes

30

1421 Drexel Ave vs Atlantic City

55 DAYS ON ROCKET

+2 Days

$199,900

-$20.6K Less

$160/SqFt

-$36 Less

KEY TAKEAWAY

This property is $20.6K less than the Median Sold Price and $36/SqFt less than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #582823

Listing Office:

  • Office Name: BHHS FOX and ROACH-Northfield
  • Office Phone: (609) 646-1900

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: 4/29/2024, 3:25:22 PM 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 09, 2021Home Sold
$80,000
Aug 09, 2021Home Sold
$38,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,887$74,000
2019$2,788$70,000
2018$2,473$70,000
2017$4,105$120,000

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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-3183388
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.14 miles

  • Public District Grades KG-5

school-card-donut-3183389
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 3.86 miles

  • Public District Grades PK-4

school-card-donut-3183390
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 4.47 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 $17,761. Most Atlantic City, NJ residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›1421 Drexel Ave

This home is located at 1421 Drexel Ave in Atlantic City, NJ and zip code 08401 in the Westside neighborhood. It has been listed on Rocket Homes since March 04, 2024 and is currently priced at $199,900.

Atlantic City, NJ housing market in March 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 16 sold below. Between February 2024 and March 2024, Atlantic City, NJ real estate market has seen increase in the number of listings by 3.5%. In March 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $220,500.

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

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