2 months on rocket

702 Lexington Ave, Atlantic City, NJ, 08401

$300,000

Home List Price

$3,563*

Closing Credit

0 Baths
2,608 SqFt
$115/SqFt
Multi
Schools Nearby

Location

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702 Lexington Ave, Atlantic City$300,000

Buyer Closing Credits

$3,563*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
ParkingNone
Year Built1900
HeatingBaseboard, Natural Gas, Hot Water, Radiant
MLS #582515
StatusActive

About 702 Lexington Ave

Welcome to 702 Lexington Ave, a charming duplex nestled in the heart of Atlantic City. An ideal investment property with the opportunity to earn dual income from two units; upper and lower. Easy walk to boardwalk, Showboat, & Hard Rock. Each unit has a living room, dining room, kitchen, 2 bedrooms, & 1 full bath. Being sold "as is". Property is currently occupied by tenants and they are currently not allowing showings or access.

Property Details

Property Features

Property Information:

  • Year Built: 1900
  • Living Area: 2,608 SqFt

Listing Office:

  • Office Name: WEICHERT REALTORS ASBURY GROUP-OC
  • Office Phone: (609) 398-4400

Interior Features

Interior Information:

  • Appliances: Gas Oven, Refrigerator
  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: None

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Hot Water, Radiant

Other

Directions Information:

  • Directions: On Lexington Ave, between Delaware & NJ Ave's next to church-

Price Information

Listing Price Info

Price Summary:

  • List Price: $300,000
  • Price Per SqFt: $115/SqFt

Tax Information:

  • Annual Amount: $5,590
  • 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

702 Lexington Ave vs Atlantic City

64 DAYS ON ROCKET

+11 Days

$300,000

+$79.5K More

$115/SqFt

-$81 Less

KEY TAKEAWAY

This property is $79.5K more than the Median Sold Price and $81/SqFt less than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #582515

Listing Office:

  • Office Name: WEICHERT REALTORS ASBURY GROUP-OC
  • Office Phone: (609) 398-4400

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: 4/27/2024, 5:25:20 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 09, 2004Home Sold
$127,500

Tax History

YEARPROP. TAXASSESSMENT
2020$5,590$143,300
2019$3,984$100,000
2018$3,533$100,000
2017$3,421$100,000

History based on county public records data.

Payment Calculator

$1,565

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$966

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-1467918
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.69 miles

  • Public District Grades KG-5

school-card-donut-1467919
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 4.43 miles

  • Public District Grades PK-4

school-card-donut-1467920
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 5.03 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 $18,875. The majority of Atlantic City, NJ residents have income less than $35k annually. Most families are single, no kids. 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›702 Lexington Ave

This home is located at 702 Lexington Ave in Atlantic City, NJ and zip code 08401 in the Uptown neighborhood. This 2,608 square foot home was built in 1900. It has been listed on Rocket Homes since February 23, 2024 and is currently priced at $300,000.

Atlantic City, NJ housing market in March 2024 saw over 2 listings sold above listed price, more than 1 sold at listed price and over 16 sold below. The number of listings in Atlantic City, NJ increased by 3.5% between February 2024 and March 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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