5 months on rocket

206 N Iowa Ave, Atlantic City, NJ, 08401

$1,500,000

1.00 Acres
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
WaterfrontBay Front, Waterfront
ViewBay, Water
MLS #577375
Lot Size1.00 Acres
StatusActive

About 206 N Iowa Ave

APPROXIMATELY 390 FEET ON THE WATER!! CAFRA APPROVED!! Unlock a World of Opportunities! Breathe new life into this once-thriving Marina or reimagine it as a serene waterfront residential community. Positioned across from the historic OLD Bader Field and Baseball Stadium, enjoy easy access to the inlet and back Bays. Discover 12 distinctive lots in total! On the Lake Side, you'll find 8 captivating lots. Highlighting this side is a spacious 3,200 sq ft garage-style structure with 8 bays—an ideal canvas for your creative vision. On the Restaurant Side, a unique opportunity awaits with 4 lots. Envision a charming 3,000 sq ft boathouse/restaurant-style structure complete with bathrooms. Picture over an acre of enchanting floating docks, slips, and a world of potential revenue! Alternatively, explore the possibility of crafting residential homes or condos, inspired by the nearby Sunset Ave approach. Here, 26' wide lots cleverly integrated waterfront land for heightened value. Pending necessary approvals, this property could potentially host around 14 distinct properties. For a captivating twist, combine the allure of condos with the allure of a marina, creating an enduring stream of residual income. Imagine a waterfront restaurant seamlessly integrated with a charming marina, both perfectly positioned to capture the beauty of each sunset. Unleash your creativity on this remarkable canvas!

Property Details

Property Features

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY JERSEY SHORE-Margate
  • Office Phone: (609) 823-3500

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Waterfront
  • View: Bay, Water

Lot Features

Lot Information:

  • Lot: Waterfront, Corner Lot, Docks, Views
  • Lot Size: 1.00 Acres

Other

Directions Information:

  • Directions: Head SW toward Fairmount Ave. Turn Right onto N Iowa Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
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Housing Market Comparison

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

Med. Sold Price

$221.6K

Med. Price/SqFt

$195

Avg. Days On Market

77

# of Sold Homes

41

206 N Iowa Ave vs Atlantic City

168 DAYS ON ROCKET

+91 Days

$1,500,000

+$1.2M More

KEY TAKEAWAY

This property is $1.2M 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: #577375

Listing Office:

  • Office Name: KELLER WILLIAMS REALTY JERSEY SHORE-Margate
  • Office Phone: (609) 823-3500

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: 5/2/2024, 8:20:38 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

$7,554

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,564

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-4956276
2
/10
  • Brighton Avenue School

  • 30 N Brighton Ave

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-4956277
7
/10
  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 2.85 miles

  • Public District Grades PK-4

school-card-donut-4956278
8
/10
  • William H. Ross III School

  • 101 N Haverford Ave

  • 3.45 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,742. Typical income of Atlantic City, NJ residents is less than $35k annually. 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

Frequently Asked Questions About 206 N Iowa Ave

What is the listing price of this property?

The listing price of 206 N Iowa Ave property is $1,500,000.

What type of property is this?

The property 206 N Iowa Ave is land located in Atlantic City, New Jersey, 08401.

Is this property for sale now?

Active Listing: 206 N Iowa Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 206 N Iowa Ave is 1.00 acres.
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Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›206 N Iowa Ave

This home is located at 206 N Iowa Ave in Atlantic City, NJ and zip code 08401 in the Chelsea neighborhood. This home sits on a 1.00 acre lot. It has been listed on Rocket Homes since November 16, 2023 and is currently priced at $1,500,000.

Over 2 listings were sold over their listed price in April 2024 in Atlantic City, NJ. In the same period over 21 listings were sold below the listed price and 4 listings were sold for the listed price. In April 2024 in Atlantic City, NJ there were 13% more homes for sale than in March 2024. While the average time on the market in April 2024 was 77 days, the median list price was $221,666.

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

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