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Sold for $235,000 on 04/03/24
  • $235,000

    441 N New Jersey Ave, Atlantic City, NJ 08401

    5beds
    --baths
    --sqft
    Duplex
    Built in 1930
    -- sqft lot
    $279,400 Zestimate®
    $--/sqft
    $2,876 Estimated rent

    What's special

    14% Double Digit Cap-Rate Property based on 2023 FMR!! 30% Cap on AirBnB Estimates!!!!!! Bungalow Park Detached LEGAL Duplex - Prime location for AirBnB or even an Owner Occupant who wants to live in the unpstairs vacant 3bdrm unit! No HOA Fees & Super Low Taxes!! Main features of the house include real hard wood flooring, a large covered front porch, extra wide sidewalks, plenty of street parking, a shared driveway, one car attached garage, and a large fenced in backyard. Ground floor two bedrom is currently rented at $725.00 a month, tenant seems willing to move. Being sold as-is, Buyer resonsible for their own CO or any other certs. Income and Expense Pro-Forma and Estimated AirBnB Pro-Forma available to qualified buyers. What makes this property so profitable to landlords is its prime location, smack down in the middle of the Bungalow Park Neighborhood, surounded by the Borgata, Harrahs, Golden Nugget, Farleys Marina, Absecon Lighthouse, Little Water Distillery, Seed Brewery, Ocean Resort, ShowBoat, the New Waterpark, Hardrock & Steel Pier, Resorts & Margaritaville, AC Aquarium, AC Bar and Grill, Tony Bolognes, Gardners Basin, Back Bay Ale House, Gilchrest, Fishing Jettys & Peirs, Inkwell Beach, and of course the Beach and World Famous Boardwalk!!! Cash, Hard Money, or conventional Financing only, no FHA. Buy it with a few of your bitcoins, or contact us about private financing starting as low as 10%. There are no rental or pet restrictions, No HOA Fees, No Parking Fees, Buy now and start making tons of cash on sites like VRBO and Airbnb, or use this as your private Shore Town getaway for your family and friends and enjoy the best amenities that Atlantic City has to offer!!

    Zillow last checked: 7 hours ago

    Listing updated: April 03, 2024 at 10:11am

    Listed by:

    GERARD (Jerry) BARKER,

    WEICHERT REALTORS ASBURY GROUP-AC

    Bought with:

    LYDIA LEWIS, 9913460

    Source: SJSRMLS,MLS#: 582880MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Heating
    • Natural Gas, Radiant
    Cooling
    • Ceiling Fan(s)
    Appliances
    • Included: Dryer, Electric Stove, Refrigerator, Self Cleaning Oven, Washer
    Features
    • Has basement: No
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached Garage, Garage
    • Attached garage spaces: 1
    Features
    • Patio & porch: Porch
    • Fencing: Fenced
    • Waterfront features: Boardwalk Area
    Lot
    • Size: 3,000 sqft
    • Dimensions: 30 x 100
    Details
    • Parcel number: 20

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick, Vinyl
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Atlantic City

    Other

    Other facts
    • Available date: 03/06/2024
    • Road surface type: Sidewalks
    Services availability
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    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $279,400
    2% more+ $5,588
    With Zillow Showcase(estimated)
    $284,988