171 South Tennessee Avenue

Atlantic City, NJ 08401

$149,000
Price
Beds
4,040 Sq. Ft.
$37 / Sq. Ft.
4,040
Sq. Ft.
$37
per Sq. Ft.

Description

Rehab GRANT money may be available through NJEDA! BEACH BLOCK - TENNESSEE AVE - in the heart of the ORANGE LOOP PROJECT and located within the NJ Opportunity Zone and the Atlantic City Tourism District! Zoned RS-C. This is a perfect project for up and coming investors. Located between the Beer hall and the beach and boardwalk with great potential. First floor needs to be converted to commercial space, parking or storage, second floor 2bdrm apartment can stay, the top two floors would need to be converted...Rehab GRANT money may be available through NJEDA! BEACH BLOCK - TENNESSEE AVE - in the heart of the ORANGE LOOP PROJECT and located within the NJ Opportunity Zone and the Atlantic City Tourism District! Zoned RS-C. This is a perfect project for up and coming investors. Located between the Beer hall and the beach and boardwalk with great potential. First floor needs to be converted to commercial space, parking or storage, second floor 2bdrm apartment can stay, the top two floors would need to be converted to 1 or 2 more residential apartments, or convert all three upper floors into one large luxury home. Location has major Air bnb potential in the up and coming nightlife block in AC. Could also be torn down to a lot and used for your own vision. As-is Sale ONLY, Bldg is entirely vacant. Buy now with a few Bitcoins or ask about Private Financing Available Starting at 10%, Bldg is Vacant.
  1. Listed by GERARD (Jerry) BARKER • WEICHERT REALTORS ASBURY GROUP-AC

Property Details for 171 South Tennessee Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
Three or More Cars
Waterfront (Y/N)
No
Zoned
RS-C
LISTING UPDATED: 09/23/2024 01:56 PM

Property Details for 171 South Tennessee Avenue

StatusActive
MLS #588237
Days on Market93
Taxes$9,734 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built-
Lot Size0.03 AC / 1,382 SF
CountyAtlantic County

Building Information for 171 South Tennessee Avenue

Stories-Residences10Year Built-Building Size-Lot Size0.03 AC / 1,382 SF

Property Information for 171 South Tennessee Avenue

Summary
Location and General Information
  • Address: 171 S Tennessee Ave
  • Address Direction: S
  • Address Number: 171
  • Address Search Number: 171
  • Address Street: Tennessee
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Beach block Tennessee ave
  • Fips Code: 34001
  • Location: Beach Block, Boardwalk Area, Water View
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Owner
  • Owner: LLC
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 08-20-2024
  • Tax Year: 2024
  • Taxes: 9734
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 4040
  • Block #: 54
  • Lot #: 20
  • Lot Dimensions: 27.65x50
Property and Assessments
  • Associated Document Count: 1
  • Doc Timestamp: 09-09-2024
  • Estate Y/N: No
  • New Construction: No
  • Total Assessment: 282000
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Outside Features: Beach Access, Boardwalk Access, Curbs, Needs Work, Ocean View, Porch, Sidewalks
  • Siding/Exterior: Vinyl
Interior Features
  • Heating: Oil, Underground Tank
Multi Family
Multi-Family Information
  • Annual Taxes: 9734
  • Limited Service (Y/N): No
  • Number Of Units: 10
  • Owner Occupied (Y/N): No
  • Rental Information: See Remarks
  • Suitable For: Other (See Remarks)

Property History for 171 South Tennessee Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 171 South Tennessee Avenue

Taxable ValueLand$105,000Additions$177,000Total$282,000
Tax Record2023$10,053 ($838 / month)
Home Facts
Total Finished SqFt4,040 SqFtAbove Grade Finished SqFt4,040 SqFtStories3Lot Size1,381 SqFtStyleMiscellaneous CommercialYear Built1920ZoningRS-CCountyATLANTICAPN02 00054-0000-00020

Schools near 171 South Tennessee Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
New York Avenue School
PublicPK to 8

Atlantic City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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171 South Tennessee Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on August 20, 2024 by WEICHERT REALTORS ASBURY GROUP-AC, it's currently listed at $149,000. It has been on the market for a total of 93 days and was last sold on December 13, 2021. This listing's school district is Atlantic City Public School District. Nearby schools include New York Avenue School and Atlantic City High School. 171 South Tennessee Avenue is a 0-bed, 0-bath, 4,040 sqft multi-family home.

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Listing Courtesy of WEICHERT REALTORS ASBURY GROUP-AC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.