4 months on rocket

408 N Ohio Ave, Atlantic City, NJ, 08401

$250,000

Home List Price

$2,969*

Closing Credit

0 Baths
1,824 SqFt
$137/SqFt
Multi
Schools Nearby

Location

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408 N Ohio Ave, Atlantic City$250,000

Buyer Closing Credits

$2,969*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingOff Site Parking
Year Built1900
HeatingRadiant
MLS #580345
StatusActive

About 408 N Ohio Ave

Welcome to 408 N Ohio Avenue! This spacious multi-family property presents an excellent investment opportunity with its great potential and convenient location. Situated within walking distance to Casinos, the Boardwalk, and the mall, this duplex offers a prime location for both residents and visitors. The main home features four bedrooms and 1 bathrooms, Bottom unit 1 bed 1 bath, this large duplex provides ample space for comfortable living. With a size of 1824 square feet, there is plenty of room for residents to spread out and make themselves at home. Whether you're looking to live in one unit while renting out the other or seeking a profitable rental property, this versatile duplex offers endless possibilities. While the property does need some tender loving care (TLC), it presents an ideal canvas for those with a vision. The potential for customization and improvement allows you to create a space that suits your unique preferences and needs. The surrounding area boasts a vibrant atmosphere with numerous entertainment options just a short stroll away. From the excitement of nearby casinos to the charm of the Boardwalk and the convenience of shopping at the mall, this location offers something for everyone. Please note that parking spaces are not available on-site; however, there are public parking options nearby for added convenience. Don't miss out on this incredible opportunity to own a multi-family property in such a desirable location. Schedule your showing today and envision the possibilities that await at 408 N Ohio Avenue!

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 1,824 SqFt

Listing Office:

  • Office Name: WEICHERT REALTORS ASBURY GROUP-AC
  • Office Phone: (609) 344-6200

Interior Features

Interior Information:

  • Appliances: Gas Oven, Refrigerator

Exterior Features

Exterior Information:

  • Exterior: Curbs, Fenced Yard, Porch, Sidewalks

Parking Information:

  • Attached Garage: No
  • Parking: Off Site Parking

Lot Features

Lot Information:

  • Lot: Curbs, Fencing, Sidewalk

Utilities

Utilities Information:

  • Heating: Radiant

Other

Directions Information:

  • Directions: From Atlantic Ave, Go down to Indiana, left on Hummock another left on Ohio Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $250,000
  • Price Per SqFt: $137/SqFt

Tax Information:

  • Annual Amount: $7,342
  • 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

$221.6K

Med. Price/SqFt

$195

Avg. Days On Market

77

# of Sold Homes

41

408 N Ohio Ave vs Atlantic City

147 DAYS ON ROCKET

+70 Days

$250,000

+$28.3K More

$137/SqFt

-$58 Less

KEY TAKEAWAY

This property is $28.3K more than the Median Sold Price and $58/SqFt less than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #580345

Listing Office:

  • Office Name: WEICHERT REALTORS ASBURY GROUP-AC
  • Office Phone: (609) 344-6200

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: 5/4/2024, 1:20:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 21, 2004Home Sold
$169,000

Tax History

YEARPROP. TAXASSESSMENT
2020$7,342$188,200
2019$9,226$231,600
2018$8,182$231,600
2017$7,923$231,600

History based on county public records data.

Payment Calculator

$1,315

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$816

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-5952969
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 0.85 miles

  • Public District Grades KG-5

school-card-donut-5952970
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 3.54 miles

  • Public District Grades PK-4

school-card-donut-5952971
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 4.15 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 $46,667. Typical income of Atlantic City, NJ residents is between $35k-100k annually. The majority of 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›408 N Ohio Ave

This home is located at 408 N Ohio Ave in Atlantic City, NJ and zip code 08401 in the Monroe Park neighborhood. This 1,824 square foot home was built in 1900. It has been listed on Rocket Homes since December 08, 2023 and is currently priced at $250,000.

Atlantic City, NJ housing market in April 2024 saw over 2 listings sold above listed price, more than 4 sold at listed price and over 21 sold below. The inventory of homes for sale in Atlantic City, NJ between March 2024 and April 2024 increased by 13%. In April 2024 median list price was $221,666 and the average listing age was 77 days.

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

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