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1420 Mediterranean Ave Apt C, Atlantic City, NJ 08401 listing image 1

For Sale

$129,900

$20k

1420 Mediterranean Ave Apt C, Atlantic City, NJ 08401

2Beds
1Bath
728SqFt

2Beds
1Bath
728SqFt

Property Type
Condo
Year Built
1985
HOA Fees
$243/mo
Price per Sqft
$178
On highrises
170 Days

Property Details

Nice 2-bedroom, 1-bath condo in excellent condition and ready to go! This spacious unit offers an open-concept layout with a large living room, a separate dining area, a cozy kitchen, a private balcony, fresh paint, and plenty of windows that fill the space with natural light. With a 25% down payment and a 7% interest rate, this property is a great investment... yielding an 11.04% COC ROI, generating $445 in monthly cash flow.

Property Features

Bedrooms

Bedrooms: 2

Bathrooms

Total Bathrooms: 1
Full Bathrooms: 1

Heating and Cooling

Cooling Features: Central A/C
Heating Features: Forced Air
Heating: Yes

Appliances

Washer Dryer Hookup: Yes

Garage and Parking

Parking Features: Parking Lot

Homeowners Association

Association: Yes
Association Fee: 243
Association Fee Frequency: Monthly
Calculated Total Monthly Association Fees: 243

School Information

School District: ATLANTIC CITY SCHOOLS

Other Property Info

Municipality: ATLANTIC CITY
Annual Tax Amount: 1056.0
Source Listing Status: Active
County: ATLANTIC
Disclaimer: Standard
Ownership: Condominium
Source Property Type: Residential
Area: ATLANTIC
Property Subtype: condo
Source Neighborhood: ATLANTIC CITY
Postal Code Plus 4: 4486
Subdivision: ATLANTIC CITY
Source System Name: C2C

Building and Construction

Total Square Feet Living: 728
Year Built: 1985
Above Grade Finished Area: 728
Construction Materials: Stucco
Property Age: 40
Levels or Stories: 1
Structure Type: Unit/Flat/Apartment
House Style: Traditional
Total Area Sqft: 728

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
02/12/2025	Price Changed	$129,900	$178	BrightMLS
02/12/2025	Price Changed	$129,900	-	AtlanticCity
09/25/2024	Listed	$149,900	$206	BrightMLS
09/24/2024	Listed	$149,900	-	AtlanticCity
11/21/1989	Sold	$41,200	$57	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2023	$1,090	$10,000	+	$20,600	=	$30,600
2022	$1,155	$10,000	+	$20,600	=	$30,600
2021	$1,193	$10,000	+	$20,600	=	$30,600
2020	$1,203	$10,000	+	$20,600	=	$30,600
2019	$1,792	$22,500	+	$22,500	=	$45,000
2018	$1,589	$22,500	+	$22,500	=	$45,000
2017	$1,539	$22,500	+	$22,500	=	$45,000

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
48 Pennsylvania Ave Unit 48	$199.9K	3	2	N/A	N/A
526 Pacific Ave Apt 2008	$329K	2	2	1060	1060
3501 Ventnor Ave Apt C2	$130K	2	1	1196	1196
3501 Boardwalk Apt B125	$149.9K	0	1	N/A	N/A
526 Pacific Ave Apt 1105	$260K	2	2	N/A	N/A
3501 Boardwalk Apt A125	$153K	0	1	N/A	N/A

Presented by:
Georgeanna "Tracey" Newmones

Broker Location:

Montclair

Data Source:

BrightMLS

Source's Property ID:

NJAC2014478

Data Source Copyright:

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$129,900

$20k

1420 Mediterranean Ave Apt C, Atlantic City, NJ 08401