$525,000
$125K PRICE DROP

Estimated payment $3,494/month

Total Views 6,719
0.52 Acre
$1,009,615 Price per Acre
22,651 Sq Ft Lot

About This Lot

DEVELOPER/INVESTER ALERT! This lot is located at the intersection between N. Maryland Ave. and Adriatic Ave in Atlantic City and zoned RM-1, a multifamily district established primarily to foster family-oriented options. The property itself is generously sized, offering approximately 28,000 square feet on a clear Lot. Seller had previously set to develop 17 town house units with ample outdoor space... Call us for the prior plans, we’ll layout the possibilities for you. Don’t miss this unique development opportunity!

Listing Agent

Mark Arbeit

NEW ERA REAL ESTATE-B Listed on: 04/20/2024

NEW ERA REAL ESTATE-B

Co-Listing Agent

Sean Tannehill

NEW ERA REAL ESTATE-B

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,361

Lot Details

  • 0.52 Acre Lot
  • Property fronts a state road
  • Corner Lot
  • Cleared Lot

Utilities

  • Gas Available

Property Details

Property Type

Land

Est. Annual Taxes

$8,361

Lot Details

0

Listing Details

  • Class: Lots/Land
  • Type: 1 To 6,000 Sqft
  • Lvt Date: 04/20/2024
  • Development Status: Buildable Lot
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Road Frontage: State

Utilities

  • Utilities Available: Cable, Electric, Gas, Sewer, Water

Lot Info

  • Location: Corner
  • Lot Dimensions: IRREGULAR, see remarks
  • Number Of Acres: 0.52
  • Improvements: Sidewalks
  • Number Of Lots: One
  • Topography: Cleared

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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

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 $8,361 $242,200 $234,100 $8,100
2024 $8,361 $242,200 $234,100 $8,100
2023 $9,148 $242,200 $234,100 $8,100
2022 $9,148 $242,200 $234,100 $8,100
2021 $9,448 $242,200 $234,100 $8,100
2020 $9,528 $242,200 $234,100 $8,100
2019 $11,155 $280,000 $280,000 $0
2018 $9,892 $280,000 $280,000 $0
2017 $9,579 $280,000 $280,000 $0
2016 $10,808 $280,000 $280,000 $0
2015 $11,498 $336,000 $336,000 $0
2014 $11,249 $336,000 $336,000 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Price Changed $525,000 -19.2% --
04/20/2024 04/20/24 For Sale $650,000 -- --
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Liberty Title Agency
Deed $735,000 --
Deed $155,000 Commonwealth Land Title Ins
Source: Public Records

Source: South Jersey Shore Regional MLS

MLS Number: 584392

South Jersey Shore Regional MLS

APN: 02-00435-0000-00001