1 month on rocket

925 Atlantic Ave, Atlantic City, NJ, 08401

$1,500,000

Home List Price

$10,000*

Closing Credit

0 Baths
18,000 SqFt
$83/SqFt
Multi
Schools Nearby

Location

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925 Atlantic Ave, Atlantic City$1,500,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingThree or More Cars, Parking Pad
HeatingOther
MLS #583429
StatusActive

About 925 Atlantic Ave

Approved Green Zone! 1 Block to new Indoor Island Waterpark! Massive building with limitless potential, Super LOW Taxes! Located in the CBD zone, in the very heart of the city! Just one block to the Hardrock, Steel Pier, Ocean Casino, Resorsts, Margaritaville, and Showboat Casinos, and just 2 blocks to the worlds most famous beach and boardwalk! Close to Tanger Outlets, Gardners Basin, Borgate, Harrahs, Golden Nugget, Little Water Distillery, Back Bay Alehouse, The Seed Brewery, & Farley Marina. Building features two commercial spaces each of which are over 3000 square feet, over 6000 sqft combined. The top two floors are framed up to fit 8 three bedrooms and 4 one bedroom residential units. All the heavy lifting has been done, the property has been fully gutted done to the brickwork, all asbestos removed, the building is structurally sound, all new windows throughout, all new flooring joists, all floors are level, and all framed up for 12 residential units. Pro-forma and floor plans are available upon request. Purchase this property with your Crypto Currency!! Showings can be on Thursday afternoons only. Buy now with a few Bitcoins!

Property Details

Property Features

Property Information:

  • Living Area: 18,000 SqFt

Listing Office:

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

Exterior Features

Exterior Information:

  • Exterior: Curbs, Sidewalks

Parking Information:

  • Attached Garage: No
  • Parking: Three or More Cars, Parking Pad

Lot Features

Lot Information:

  • Lot: Curbs, Sidewalk

Utilities

Utilities Information:

  • Heating: Other

Other

Directions Information:

  • Directions: Near the corner of Atlantic and Virginia, 1 block to casinos, 2 blocks to beach and boardwalk

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,500,000
  • Price Per SqFt: $83/SqFt

Tax Information:

  • Annual Amount: $9,522
  • 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

925 Atlantic Ave vs Atlantic City

36 DAYS ON ROCKET

-17 Days

$1,500,000

+$1.2M More

$83/SqFt

-$113 Less

KEY TAKEAWAY

This property is $1.2M more than the Median Sold Price and $113/SqFt less than other homes in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #583429

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: 4/27/2024, 1:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$9,522$75,200
2019$9,521$239,000
2018$8,833$250,000
2017$11,118$325,000

History based on county public records data.

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-1281020
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.50 miles

  • Public District Grades KG-5

school-card-donut-1281021
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 4.26 miles

  • Public District Grades PK-4

school-card-donut-1281022
8
/10

  • William H. Ross III School

  • 101 N Haverford Ave

  • 4.84 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 $70,000. Residents of Atlantic City, NJ typically earn between $35k-100k each year. Most families are single, no kids. 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›925 Atlantic Ave

This home is located at 925 Atlantic Ave in Atlantic City, NJ and zip code 08401 in the Downtown neighborhood. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $1,500,000.

In March 2024, from all listings sold in Atlantic City, NJ there were more than 2 sold above asking price, over 16 sold below and more than 1 were sold right at the asked price. In March 2024 in Atlantic City, NJ there were 3.5% more homes for sale than in February 2024. In March 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $220,500.

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

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