3 months on rocket

2407 Arctic Ave, Atlantic City, NJ, 08401

$549,000

Home List Price

$6,519*

Closing Credit

0 Baths
3,412 SqFt
$161/SqFt
Multi
Schools Nearby

Location

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2407 Arctic Ave, Atlantic City$549,000

Buyer Closing Credits

$6,519*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingOn Street
Year Built1920
HeatingForced Air
CoolingWindow Unit(s)
MLS #NJAC2011042
Lot Size0.04 Acres
StatusActive
(ACTIVE)

About 2407 Arctic Ave

Investors, prime mixed-use property for sale! Located close to White House Subs and Formica's Bakery. Ground floor operates as commercial laundry business with $1,000 rent/month. Additionally, there are two apartments 3 BEDS/unit on the upper floors. Fully occupied with $1,200 rent/month for each apartment. Separate utility meters, except water. The property is being sold strictly in "as is, where is" condition. Don't miss this opportunity!

Property Details

Property Features

Property Information:

  • Architectural Style: Straight Thru
  • Year Built: 1920
  • Living Area: 3,412 SqFt

Listing Office:

  • Office Name: KW Jersey/Keller Williams Jersey
  • Office Phone: (609) 451-6007
  • Listing Agent: Anastasia Tran

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.04 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: GPS

Municipality:

  • Atlantic City

Price Information

Listing Price Info

Price Summary:

  • List Price: $549,000
  • Price Per SqFt: $161/SqFt

Tax Information:

  • Annual Amount: $6,639
  • 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

2407 Arctic Ave vs Atlantic City

99 DAYS ON ROCKET

+46 Days

$549,000

+$328.5K More

$161/SqFt

-$35 Less

KEY TAKEAWAY

This property is $328.5K more than the Median Sold Price and $35/SqFt less than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #NJAC2011042

Listing Office:

  • Office Name: KW Jersey/Keller Williams Jersey
  • Office Phone: (609) 451-6007
  • Listing Agent: Anastasia Tran

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 6:55:17 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

Nov 21, 2003Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2020$6,639$218,000
2019$10,119$254,000
2018$8,974$254,000
2017$8,689$254,000

History based on county public records data.

Payment Calculator

$2,808

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,712

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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-1540580
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-1540581
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 3.14 miles

  • Public District Grades PK-4

school-card-donut-1540582
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 3.73 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 $26,742. The most common annual income of people living in Atlantic City, NJ is less than $35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›2407 Arctic Ave

This home is located at 2407 Arctic Ave in Atlantic City, NJ and zip code 08401 in the Duck Town neighborhood. This 3,412 square foot home, which was built in 1920, sits on a 0.04 acre lot. It has been listed on Rocket Homes since January 19, 2024 and is currently priced at $549,000.

In March 2024 more than 2 listings in Atlantic City, NJ were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 16 were sold below. In March 2024 in Atlantic City, NJ there were 3.5% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $220,500, while the average time on the real estate market was 53 days.

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

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