$170,000
SOLD FEB 19, 2025

2427 Arctic Ave Atlantic City, NJ 08401

Ducktown Neighborhood
-- Bed
-- Bath
-- Sq Ft
828 Sq Ft Lot

Recently Sold

6% Above List Price

23 Days on Market

Highlights

  • Deck
  • Living Room
  • Ceiling Fan
  • Eat-In Kitchen
  • Forced Air Heating and Cooling System
  • 4-minute walk to Texas Avenue Playground

About This Home

As of February 2025

Duplex~1st floor commercial. Previous takeout restaurant. 2nd floor, 2BR/1B unit with private entrance. Unit features living room, 2 bedrooms, eat-in kitchen and 1 full bath. Front/rear access. Great opportunity for owner operator or investor. Central location. Close to beach/bay, casinos, expressway and local restaurants.

Last Agent to Sell the Property

Jacqueline Andrews

CASA BELLA REALTORS License #SB-8634020

Last Buyer's Agent

Sala Uddin

Vylla Home - Atlantic City License #2325675

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,659

Year Built

  • Built in 1938

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • Ceiling Fan
  • Living Room
  • Washer

Kitchen

  • Eat-In Kitchen
  • Stove
  • Microwave

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Gas Water Heater

Additional Features

  • Deck
  • Lot Dimensions are 16.7 x 49

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,659

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Lvt Date: 10/15/2024
  • Year Built: 1938
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Microwave, Refrigerator, Washer
  • Basement: Slab
  • Other Rooms: Eat In Kitchen, Living Room

Exterior Features

  • Outside Features: Curbs, Deck, Needs Work, Sidewalks
  • Siding Exterior: Brick, Vinyl

Utilities

  • Air Conditioner: Ceiling Fan(s), Central
  • Heating: Forced Air, Gas-Natural
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Lot Dimensions: 16.7 x 49

Multi Family

  • Number Of Units: 2
  • Number Of2 Bedroom Units: 1
  • Separate Meters: Electric, Gas, Sewer, Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2018
Sold by
Ocen First Bank Na
Bought by
Redstone Capital Group Llc
Total Days on Market
23
Current Estimated Value
$155,310

Purchase Details

Closed on
Feb 6, 2018
Sold by
Truong Bobby J and Saludable Vida
Bought by
Ocean First Bank

Purchase Details

Closed on
Jun 15, 2009
Sold by
Tran Hien C
Bought by
Truong Bobby J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
4.86%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 13, 2000
Sold by
Truong Dang Ky and Tran Thuy
Bought by
Tran Hien C

Purchase Details

Closed on
Jan 19, 1999
Sold by
Wo Chau Ka
Bought by
Truong Dang Ky and Tran Hien C

Purchase Details

Closed on
Aug 28, 1996
Sold by
Micale Joseph N and Micale Filippo
Bought by
Wo Chau Ka

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,000
Interest Rate
8%
Mortgage Type
Commercial

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $57,000 Dominion Title Sevs
Sheriffs Deed $15,355 None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- --
Bargain Sale Deed $60,000 The Title Company
Deed $51,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $198,750 Commercial
Previous Owner $49,900 Commercial
Previous Owner $50,000 Credit Line Revolving
Previous Owner $25,000 Commercial
Previous Owner $41,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/19/2025 02/19/25 Sold $170,000 +6.3% --
11/07/2024 11/07/24 Pending -- -- --
10/15/2024 10/15/24 For Sale $160,000 -- --
Source: South Jersey Shore Regional MLS

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 $3,659 $106,000 $15,700 $90,300
2023 $4,400 $106,000 $15,700 $90,300
2022 $4,400 $116,500 $15,700 $100,800
2021 $4,545 $116,500 $15,700 $100,800
2020 $4,918 $125,000 $15,700 $109,300
2019 $8,095 $203,200 $142,900 $60,300
2018 $7,179 $203,200 $142,900 $60,300
2017 $6,951 $203,200 $142,900 $60,300
2016 $7,844 $203,200 $142,900 $60,300
2015 $6,954 $203,200 $142,900 $60,300
2014 $6,803 $203,200 $142,900 $60,300
Source: Public Records

Source: South Jersey Shore Regional MLS

MLS Number: 590051

South Jersey Shore Regional MLS

APN: 02-00339-0000-00061

New Jersey Atlantic County Atlantic City 08401 Ducktown

2427 Arctic Ave, Atlantic City, NJ

Homes for Sale in Atlantic City, NJ

This home is located at 2427 Arctic Ave, Atlantic City, NJ 08401 and is currently priced at $170,000. This property was built in 1938. 2427 Arctic Ave is a home located in Atlantic County with nearby schools including Texas Avenue School, Atlantic City High School, and Our Lady Star of the Sea Regional School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

South Jersey Shore Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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