3 months on rocket

5 S Pennsylvania Ave, Atlantic City, NJ, 08401

$625,000

Home List Price

$7,422*

Closing Credit

0 Baths
3,720 SqFt
$168/SqFt
Multi
Schools Nearby

Location

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5 S Pennsylvania Ave, Atlantic City$625,000

Buyer Closing Credits

$7,422*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingNone
HeatingBaseboard, Electric
CoolingWindow Unit(s)
MLS #581456
StatusActive

About 5 S Pennsylvania Ave

5 S Penn is a great building in a nice quite location. Sitting in the Central Business District, this building is surrounded by professional uses. Comprised of five one bedroom units with electric heat, hot water and stoves/ovens. Plus one commercial unit on the ground level for a total of six rental units. Each unit is separately metered for electric, there is no common boiler. This is good building to manage with long standing tenants. Call for marketing package and additional details.

Property Details

Property Features

Property Information:

  • Living Area: 3,720 SqFt

Listing Office:

  • Office Name: LEVIN COMMERCIAL REAL ESTATE, LLC
  • Office Phone: (609) 344-5200

Interior Features

Interior Information:

  • Appliances: Electric Stove, Intercom

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Baseboard, Electric
  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: 5 S Pennsylvania Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $625,000
  • Price Per SqFt: $168/SqFt

Tax Information:

  • Annual Amount: $4,435
  • 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

5 S Pennsylvania Ave vs Atlantic City

103 DAYS ON ROCKET

+26 Days

$625,000

+$403.3K More

$168/SqFt

-$27 Less

KEY TAKEAWAY

This property is $403.3K more than the Median Sold Price and $27/SqFt less than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #581456

Listing Office:

  • Office Name: LEVIN COMMERCIAL REAL ESTATE, LLC
  • Office Phone: (609) 344-5200

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: 5/5/2024, 1:20:39 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 20, 2006Home Sold
$190,000
Oct 17, 2003Home Sold
$92,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,435$152,000
2019$11,469$287,900
2018$10,172$287,900
2017$9,849$287,900

History based on county public records data.

Payment Calculator

$3,187

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,940

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-6476454
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.41 miles

  • Public District Grades KG-5

school-card-donut-6476455
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 4.17 miles

  • Public District Grades PK-4

school-card-donut-6476456
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 4.74 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 $23,279. Typical income of Atlantic City, NJ residents is less than $35k annually. Residents typically live in single, no kids family. The majority of 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›5 S Pennsylvania Ave

This home is located at 5 S Pennsylvania Ave in Atlantic City, NJ and zip code 08401 in the Downtown neighborhood. It has been listed on Rocket Homes since January 22, 2024 and is currently priced at $625,000.

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 number of homes for sale in Atlantic City, NJ increased by 13% between March 2024 and April 2024. In April 2024, listings were on the market for 77 days. During the same period, the median list price in this real estate market was $221,666.

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

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