NOT LISTED FOR SALE

Estimated Value: $574,395 - $934,000

-- Bed
-- Bath
-- Sq Ft
2,657 Sq Ft Lot

Last Sold December 22, 2023

Last sale price $549,000

Est. 26% increase in value since last sale

Current estimated payment $4,450/month

21 Days on Market

Highlights

  • New Construction
  • Porch
  • Tankless Water Heater
  • Deck
  • Patio
  • 3-minute walk to Texas Avenue Playground

About This Home

As of December 2023

Presenting a unique new construction opportunity in Atlantic City. This gem features two impeccable duplex properties on 2828 and 2830 Fairmount Avenue located between Iowa and Brighton Avenues. Each Duplex is 549K!!!!! There's also a five year tax abatement. Imagine living in your own brand new, never before lived home for a very affordable price. Live, invest, spend your summers, weekends or retire without breaking the bank. The possibilities are endless. Each unit features 3 bedrooms, 2 full baths, front deck, off-street parking and a generous backyard. Centrally located and within walking distance to the boardwalk, Boardwalk Hall, Tropicana Casino, The Walk Outlets, beaches, bay and iconic dining like Café 2825, Angelo's, White House, Doc's and the Knife and Fork. This is Atlantic City living at its finest, affordable and most convenient. Some of the new features include but are not limited to: exterior vinyl fencing, tankless hot water heater, central air conditioning, irrigation system, 6 foot crawl space for plenty of storage, gas, garbage disposal, front deck, stainless appliances, washer/dryer and one car off street parking. Atlantic City is the most affordable beach town in the United States to buy a home for the second year in a row, a study from Realtor.com finds. Homes in the city are priced at one-third of what they go for in the rest of New Jersey on average. Be sure to google the article in Phillyvoice.com Inquire about the five year tax abatement. Each Duplex is 549K!!!!!

Last Agent to Sell the Property

Eric Millstein

Soleil Sotheby's International Realty - A Listed on: 08/09/2023

Soleil Sotheby's International Realty - A

Last Buyer's Agent

Jeanette Vennell

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,333

Lot Details

  • Lot Dimensions are 29.5x59

Parking

  • 1 Parking Space

Home Design

  • New Construction
  • Duplex
  • Vinyl Siding

Interior Spaces

  • Dining Area
  • Crawl Space
  • Storm Screens
  • Dryer

Kitchen

  • Self-Cleaning Oven
  • Stove
  • Dishwasher
  • Disposal

Outdoor Features

  • Outdoor Shower
  • Deck
  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Tankless Water Heater
  • Private Sewer

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,333

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Duplex
  • Lvt Date: 08/09/2023
  • New Construction: Yes
  • Age: 0 To 1 Year
  • Allow Comsumer Comment: No
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Self Cleaning Oven
  • Basement: 6 Ft. Or More Head Room, Crawl Space
  • Other Rooms: Dining Area

Exterior Features

  • Outside Features: Curbs, Deck, Outside Shower, Patio, Porch, Sidewalks
  • Siding Exterior: Vinyl
  • Storm Screens: Screens

Garage/Parking

  • Driveway: Concrete
  • Parking Exterior: One Car

Utilities

  • Air Conditioner: Central
  • Heating: Gas-Natural
  • Sewer: Private
  • Water: Public
  • Water Heater: Electric, Tankless-Electric

Lot Info

  • Lot Dimensions: 29.5x59

Multi Family

  • Number Of Units: 2
  • Number Of3 Bedroom Units: 2
  • Separate Meters: Electric, Gas, Sewer, Water

Range of Values:

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Average Value
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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

Mortgage History

Date Status Borrower Loan Amount
Closed Lasting Memories Properties Nj $362,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $549,000 0.0% --
08/30/2023 08/30/23 Pending -- -- --
08/09/2023 08/09/23 For Sale $549,000 -- --
Source: South Jersey Shore Regional MLS

Tax History Compared to Growth

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
2025 $8,333 $241,400 $60,600 $258,300
2024 $8,333 $241,400 $60,600 $258,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: South Jersey Shore Regional MLS

MLS Number: 576698

South Jersey Shore Regional MLS

APN: 02 00345-0000-00006- 02