$549,000

Estimated payment $3,593/month

Total Views 2,479
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Porch
  • Wood Siding
  • 5-minute walk to O'Donnell Memorial Park

About This Home

Fantastic investment opportunity! This fully occupied property features four spacious 2-bedroom apartments, each with separate utilities and tenants on annual leases—ideal for steady, long-term income. Conveniently located near public transportation, shopping centers, casinos, and some of the area’s best fine dining, this property also offers the added bonus of being within walking distance to the beach and iconic Atlantic City boardwalk. Whether you're expanding your portfolio or looking to begin your real estate investment journey, this income-producing property is a smart and strategic choice. Call today for more details!

Listing Agent

Paula Hartman

BHHS FOX and ROACH-Margate Listed on: 06/27/2025

BHHS FOX and ROACH-Margate

Co-Listing Agent

Todd Gordon

BHHS FOX and ROACH-Margate III

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,228

Parking

  • 3 Parking Spaces

Home Design

  • Wood Siding
  • Vinyl Siding

Kitchen

  • Self-Cleaning Oven
  • Stove

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Additional Features

  • Porch
  • Lot Dimensions are 42 x 65

Community Details

Overview

  • 4 Units

Recreation

  • Community Boardwalk

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,228

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: 4 - 10 Units
  • Lvt Date: 06/27/2025
  • Allow Comsumer Comment: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Stove, Refrigerator, Self Cleaning Oven

Exterior Features

  • Outside Features: Curbs, Porch, Sidewalks
  • Siding Exterior: Vinyl, Wood

Garage/Parking

  • Parking Exterior: Three Or More Cars

Utilities

  • Heating: Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Gas

Lot Info

  • Location: Boardwalk Area
  • Lot Dimensions: 42 x 65

Rental Info

  • Rental Information: 100 Percent Occupancy

Multi Family

  • Number Of Units: 4
  • Separate Meters: Electric, Gas, Heat, Hot Water

Map

Range of Values:

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Average Value
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Sold Price
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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
2025 $7,228 $209,400 $35,900 $173,500
2024 $7,228 $209,400 $35,900 $173,500
2023 $7,909 $209,400 $35,900 $173,500
2022 $7,909 $209,400 $35,900 $173,500
2021 $8,169 $209,400 $35,900 $173,500
2020 $8,238 $209,400 $35,900 $173,500
2019 $8,765 $220,000 $70,000 $150,000
2018 $7,773 $220,000 $70,000 $150,000
2017 $7,526 $220,000 $70,000 $150,000
2016 $8,492 $220,000 $70,000 $150,000
2015 $7,528 $220,000 $70,000 $150,000
2014 $11,865 $354,400 $159,500 $194,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2025 06/27/25 For Sale $549,000 -- --
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Deed $290,000 Interstate 1St Title Agency
Sheriffs Deed -- None Available
Bargain Sale Deed $160,000 --
Sheriffs Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $592,000 No Value Available
Previous Owner $343,000 No Value Available
Previous Owner $100,000 Credit Line Revolving
Previous Owner $148,000 Unknown
Previous Owner $144,000 No Value Available
Source: Public Records

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Source: South Jersey Shore Regional MLS

MLS Number: 597717

South Jersey Shore Regional MLS

APN: 02-00260-0000-00008