$375,000

Estimated payment $2,631/month

Total Views 2,073
-- Bed
-- Bath
2,707 Sq Ft
$139 Price per Sq Ft

Highlights

  • Home fronts a canal
  • Corner Lot
  • Property is in very good condition
  • Traditional Architecture
  • No HOA
  • 2-minute walk to Horace Bryant Park

About This Home

Great Investment Opportunity! This spacious 2-story duplex is perfectly situated on the Penrose Canal, offering beautiful views of both the water and the city skyline. The property features two large 3-bedroom units, each with separate utilities and a newer roof. The first-floor unit includes 1.5 bathrooms, a large living room, and a formal dining room. The second-floor unit is recently renovated and features a brand-new kitchen, oversized rooms, an enclosed porch, attic storage, and more. Both units will be available for immediate occupancy, making this an ideal option for long-term tenants or short-term rental use. Located on a desirable corner lot, this presents a rare opportunity for owner-occupants or investors seeking strong rental potential in a scenic and conveniently located area.

Listing Agent

Tracey Newmones

EXP Realty, LLC Listed on: 06/24/2025

EXP Realty, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,645

Year Built

  • Built in 1900

Lot Details

  • 3,266 Sq Ft Lot
  • Lot Dimensions are 36.00 x 90.72
  • Home fronts a canal
  • Corner Lot
  • Property is in very good condition

Parking

  • Driveway

Home Design

  • Duplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Pitched Roof

Interior Spaces

  • 2,707 Sq Ft Home
  • Canal Views
  • Crawl Space

Utilities

  • Window Unit Cooling System
  • Hot Water Baseboard Heater
  • Natural Gas Water Heater

Additional Features

  • Bulkhead
  • Flood Zone Lot

Listing and Financial Details

  • Tax Lot 00001
  • Assessor Parcel Number 02-00676-00001

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • 2-Story Building

Pet Policy

  • No Pets Allowed

Building Details

  • 1 Vacant Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,645

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Habitable Residence: No
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Federal Flood Zone: No
  • Year Built: 1900
  • Building Winterized: No
  • Buildout Allowance: No
  • Remarks Public: Great Investment Opportunity! This spacious 2-story duplex is perfectly situated on the Penrose Canal, offering beautiful views of both the water and the city skyline. The property features two large 3-bedroom units, each with separate utilities and a newer roof. The first-floor unit includes 1.5 bathrooms, a large living room, and a formal dining room. The second-floor unit is recently renovated and features a brand-new kitchen, oversized rooms, an enclosed porch, attic storage, and more. Both units will be available for immediate occupancy, making this an ideal option for long-term tenants or short-term rental use. Located on a desirable corner lot, this presents a rare opportunity for owner-occupants or investors seeking strong rental potential in a scenic and conveniently located area.
  • Special Features: VirtualTour

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Basement: No
  • Total Sq Ft: 2707
  • Living Area Sq Ft: 2707
  • Price Per Sq Ft: 138.53
  • Above Grade Finished Sq Ft: 2707
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1830

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Access To Pool: No
  • Pool Private: No
  • Roof: Pitched
  • Spa: No
  • View: Canal, Water
  • View: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: Yes
  • Fencing: No

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Open Parking: No
  • Type Of Parking: Driveway

Utilities

  • Central Air Conditioning: No
  • Cooling Type: Window Unit(s)
  • Cooling: No
  • Electricity On Property: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: No

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No
  • Senior Community: No
  • Association Recreation Fee: No

Schools

  • School District: ATLANTIC CITY SCHOOLS
  • School District Key: 300200396906
  • School District Source: Listing Agent

Lot Info

  • Horses: No
  • Additional Parcels: No
  • Crops Included: No
  • Farm Credit Service Incl: No
  • Irrigation Water Rights: No
  • Land Lease: No
  • Lot Features: Bulkheaded, Corner, Flood Plain
  • Lot Size Acres: 0.07
  • Lot Dimensions: 36.00 x 90.72
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 3266.00
  • Property Attached Yn: No
  • Property Condition: Very Good
  • Year Assessed: 2024
  • Zoning: R-1
  • Farmland Preservation: No

Green Features

  • Green Verification: No

Rental Info

  • Ground Rent Exists: No
  • Lease Considered: No
  • Lease In Effect: No
  • Pets Allowed: No
  • Rent Control: No
  • Smoking Allowed Yn: No
  • Vacation Rental: No
  • Property Manager: No
  • Rent Spree Online Application: No

Multi Family

  • Number Of Units Vacant: 1
  • Other Units: Unit 1,Unit 2

Tax Info

  • Tax Annual Amount: 6645.00
  • Assessor Parcel Number: 02-00676-00001
  • Tax Lot: 00001
  • Tax Total Finished Sq Ft: 2707
  • County Tax Payment Frequency: Annually
  • Tax Data Updated: No
  • Tax Year: 2024
  • Tax Opportunity Zone: No

MLS Schools

  • School District Name: ATLANTIC CITY SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,645 $192,500 $59,700 $132,800
2023 $7,271 $192,500 $59,700 $132,800
2022 $7,271 $192,500 $59,700 $132,800
2021 $7,509 $192,500 $59,700 $132,800
2020 $7,573 $192,500 $59,700 $132,800
2019 $7,968 $200,000 $100,000 $100,000
2018 $7,066 $200,000 $100,000 $100,000
2017 $6,842 $200,000 $100,000 $100,000
2016 $7,720 $200,000 $100,000 $100,000
2015 $6,844 $200,000 $100,000 $100,000
2014 $6,696 $200,000 $100,000 $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $375,000 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,000 Purchase Money Mortgage
Source: Public Records

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Source: Bright MLS

MLS Number: NJAC2019336

Bright MLS

APN: 02-00676-0000-00001