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423 N Dr Martin Luther King Blvd, Atlantic City, NJ 08401 listing image 1

For Sale

$79,900

423 N Dr Martin Luther King Blvd, Atlantic City, NJ 08401

3Beds
2Baths
1506SqFt

3Beds
2Baths
1506SqFt

Property Type
Townhouse
Year Built
1900
Price per Sqft
$53
On highrises
72 Days

Property Details

Fantastic Investment Opportunity in the Heart of the City! This spacious 2-story townhome offers 3 bedrooms, 2 bathrooms, and large living spaces, all within a fenced yard. While the property requires a complete renovation, utilities are currently active, and it's tenant-occupied, providing immediate rental income of $1, 200 per month. The tenant is reliable and consistently on time with payments. With some vision and effort, this property has great potential for both investors and future homeowners looking to customize their dream home. The buyer must obtain any/all occupancy certificates at the buyer's expense. Don't miss out on this value-packed opportunity!

Property Features

Bedrooms

Bedrooms: 3

Bathrooms

Total Bathrooms: 2
Full Bathrooms: 2

Heating and Cooling

Heating Features: Radiator
Heating: Yes

Land Info

Lot Size Acres: 0.0457071
Lot Size Square Feet: 1991

Garage and Parking

Parking Features: On Street

Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

School Information

School District: ATLANTIC CITY SCHOOLS

Other Property Info

Municipality: ATLANTIC CITY
Annual Tax Amount: 2299.0
Source Listing Status: Pending
County: ATLANTIC
Disclaimer: Standard
Ownership: Fee Simple
Source Property Type: Residential
Area: ATLANTIC
Property Subtype: townhouse
Source Neighborhood: WESTSIDE
Postal Code Plus 4: 2208
Subdivision: WESTSIDE
Source System Name: C2C

Building and Construction

Total Square Feet Living: 1506
Year Built: 1900
Above Grade Finished Area: 1506
Construction Materials: Brick
Property Age: 124
Levels or Stories: 2
Structure Type: End of Row/Townhouse
House Style: Traditional
Total Area Sqft: 1506

Property History

Property Price

Date	Event	Price	Price/Sq Ft	Source
08/20/2024	Listed	$79,900	$53	BrightMLS
08/09/2024	Listed	$79,900	$53	AtlanticCity
01/09/2004	Sold	$65,000	$43	Public Record

Property Tax

Year	Taxes	Land	added to	Additions	equals	Total assessments
2023	$2,299	$23,000	+	$41,500	=	$64,500
2022	$2,436	$23,000	+	$41,500	=	$64,500
2021	$2,516	$23,000	+	$41,500	=	$64,500
2020	$2,537	$23,000	+	$41,500	=	$64,500
2019	$2,191	$12,000	+	$43,000	=	$55,000
2018	$1,943	$12,000	+	$43,000	=	$55,000
2017	$1,881	$12,000	+	$43,000	=	$55,000

Neighborhood

Environmental Risk

Nearby Home Values

Address	Estimate	Bed	Bath	Sq Ft	Lot (sq ft)
101 S Plaza Pl Apt 1401	$279.9K	1	1	N/A	N/A
1522-C Morris Cain Pl	$159.9K	3	2	1048	1048
2721 Boardwalk Unit 1117	$129K	0	1	390	390
2721 Boardwalk Unit 1520	$200K	1	1	600	600
7 S Metropolitan Ave	$235K	2	2	1036	645
19 S Windsor Ave Unit C3	$99.9K	1	1	N/A	N/A

Presented by:
Georgeanna "Tracey" Newmones

Broker Location:

Montclair

Data Source:

BrightMLS

Source's Property ID:

NJAC2013706

Data Source Copyright:

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$79,900

423 N Dr Martin Luther King Blvd, Atlantic City, NJ 08401