5 months on rocket

205 S Vermont Ave, Atlantic City, NJ, 08401

$455,000

Home List Price

$5,403*

Closing Credit

0 Baths
2,312 SqFt
$197/SqFt
Multi
Schools Nearby

Location

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205 S Vermont Ave, Atlantic City$455,000

Buyer Closing Credits

$5,403*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Site Parking
HeatingNatural Gas
CoolingWall Unit(s)
BasementYes
MLS #576971
StatusActive

About 205 S Vermont Ave

PACKAGE SALE $2,500,000. Investor Attention, beach block opportunity to build your Trophy Development with spectacular panoramic waterfront views or keep the existing property with upgrades for Airbnb's phenomenal income. Please remember that this package sale property will only be sold with the other four properties and 1 vacant lot: " 222 Seaside Ave, 3 two BR Apartments, 2 baths, ALL Individually metered for gas and electric for $485,000. 220 Seaside Ave, 4 BR 2 Bath house, one 1BR 1 Bath ground floor Apt, House individually metered for gas and electric, Ground floor individually metered for gas and electric $475,000. 211 Seaside Ave, Duplex 6 BR, 2 Bath and 1 BR ground Floor. $460,000. 214 Seaside Ave, 3 one BR Apartments and 1 Efficacy 1 Studio, All one bath, Individually metered for gas and electric $480,000. 205 S Vermont Ave, 6 BR and three bath house, 2 BR 1 Bath ground floor Apt, Metered for gas and electric on House meter $455,000. 218 Seaside Ave, Vacant Lot 2590 sq. ft $145,000 with possibility for parking use for all buildings or incorporate into a townhome development site with lots next door at 220 and 222 Seaside. A total of 3 lots, 7490 sq. ft., will accommodate four four-story townhomes with parking underneath. The total land between all seven lots is 15,362 square feet. For a price of $2,500,000. LH-2 Zoning District, Zoned for Multi-family, low-rise, and mid-rise residential, Restaurant and bars opportunity, Non-casino hotels, townhouses, and much more. It will be almost impossible to find another opportunity like this.

Property Details

Property Features

Property Information:

  • Living Area: 2,312 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Site Parking

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Wall Unit(s)

Other

Directions Information:

  • Directions: North on Pacific Ave, make right on Seaside. Property is close to the Boardwalk.

Price Information

Listing Price Info

Price Summary:

  • List Price: $455,000
  • Price Per SqFt: $197/SqFt

Tax Information:

  • Annual Amount: $6,671
  • 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

205 S Vermont Ave vs Atlantic City

164 DAYS ON ROCKET

+111 Days

$455,000

+$234.5K More

$197/SqFt

+$1 More

KEY TAKEAWAY

This property is $234.5K more than the Median Sold Price and $1/SqFt more than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #576971

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: 4/28/2024, 1:25:21 PM 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$6,671$206,100
2019$2,788$70,000
2018$2,473$70,000
2017$2,696$78,800

History based on county public records data.

Payment Calculator

$2,338

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,431

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-2272250
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 2.04 miles

  • Public District Grades KG-5

school-card-donut-2272251
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 4.79 miles

  • Public District Grades PK-4

school-card-donut-2272252
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 5.35 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 $32,759. Most Atlantic City, NJ residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›205 S Vermont Ave

This home is located at 205 S Vermont Ave in Atlantic City, NJ and zip code 08401 in the South Inlet neighborhood. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $455,000.

In March 2024, from all listings sold in Atlantic City, NJ there were more than 2 sold above asking price, over 16 sold below and more than 1 were sold right at the asked price. The number of listings in Atlantic City, NJ increased by 3.5% between February 2024 and March 2024. While the average time on the market in March 2024 was 53 days, the median list price was $220,500.

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

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