18 North Sovereign Avenue

Atlantic City, NJ 08401

$595,000
Price
Beds
2,272 Sq. Ft.
$262 / Sq. Ft.
2,272
Sq. Ft.
$262
per Sq. Ft.

Description

5 units in AC, 100 % occupancy, close to school, casino, and transportation.5 units in AC, 100 % occupancy, close to school, casino, and transportation.
  1. Listed by CHAK (LEON) TONG • BHHS FOX and ROACH-Northfield

Property Details for 18 North Sovereign Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
None
Waterfront (Y/N)
No
LISTING UPDATED: 05/04/2024 03:03 PM

Property Details for 18 North Sovereign Avenue

StatusActive
MLS #584883
Days on Market227
Taxes$8,913 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built1940
Lot Size0.08 AC / 3,300 SF
CountyAtlantic County

Building Information for 18 North Sovereign Avenue

Stories-Residences5Year Built1940Building Size-Lot Size0.08 AC / 3,300 SF

Property Information for 18 North Sovereign Avenue

Summary
Location and General Information
  • Address: 18 N Sovereign Ave
  • Address Direction: N
  • Address Number: 18
  • Address Search Number: 18
  • Address Street: Sovereign
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Sovereign Ave between Atlantic and arctic Ave
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Ave
  • Zip: 08234
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 05-04-2024
  • Tax Year: 2023
  • Taxes: 8913
Property
Lot Information
  • Approved Short Sale?: No
  • Approx SQFT: 2272
  • Block #: 261
  • Lot #: 7
  • Lot Dimensions: 33 x 100
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 0
  • Flood Plain (Y/N): Yes
  • New Construction: No
  • Total Assessment: 250000
  • Water: Public
  • Year Built: 1940
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Electric
Interior and Exterior Features
Exterior Features
  • Outside Features: Porch, Sidewalks
  • Siding/Exterior: Vinyl
  • Storms/Screens: Insulated Glass
Interior Features
  • Appliances: Electric Stove, Refrigerator
  • Basement: Crawl Space
  • Heating: Gas-Natural, Radiator
Multi Family
Multi-Family Information
  • # of 1 Bedroom Units: 1
  • # of 2 Bedroom Units: 3
  • # of 4 Bedroom Units: 1
  • Annual Electric (O/T): Tenant
  • Annual Gas: 2000
  • Annual Gas (O/T): Owner
  • Annual Insurance: 3200
  • Annual Insurance (O/T): Owner
  • Annual Maint (O/T): Owner
  • Annual Maintenance: 600
  • Annual Sewer: 2500
  • Annual Sewer (O/T): Owner
  • Annual Taxes: 8913
  • Annual Taxes (O/T): Owner
  • Annual Water: 2000
  • Annual Water (O/T): Owner
  • Limited Service (Y/N): No
  • Number Of Units: 5
  • Owner Occupied (Y/N): No
  • Rental Information: 100 Percent Occupancy
  • Separate Meters: Electric
  • Suitable For: Multi Family + Rooms
  • Total Expense: 19200
  • Total Income: 59100
Unit 1
  • Unit 1 Baths: 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Level: Lower
  • Unit 1 Rent: $700
Unit 2
  • Unit 2 Baths: 1
  • Unit 2 Bedrooms: 2
  • Unit 2 Level: Lower
  • Unit 2 Rent: 900
Unit 3
  • Unit 3 Baths: 1
  • Unit 3 Bedrooms: 2
  • Unit 3 Level: Lower
  • Unit 3 Rent: 900
Unit 4
  • Unit 4 Baths: 2
  • Unit 4 Bedrooms: 5
  • Unit 4 Level: Upper
  • Unit 4 Rent: 1650
Unit 5
  • Unit 5 Baths: 1
  • Unit 5 Bedrooms: 2
  • Unit 5 Level: Upper
  • Unit 5 Rent: 775

Property History for 18 North Sovereign 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 18 North Sovereign Avenue

Taxable ValueLand$50,000Additions$200,000Total$250,000
Tax Record2023$8,912 ($743 / month)
Home Facts
Total Finished SqFt2,272 SqFtAbove Grade Finished SqFt2,272 SqFtStories2Lot Size3,302 SqFtStyleMulti-Family Res (5+ Units)Year Built1940ZoningR-2CountyATLANTICAPN02 00261-0000-00007

Schools near 18 North Sovereign Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Sovereign Ave School
PublicPK to 8

Atlantic City High School
Public9 to 12

Our Lady Star Of The Sea Regional
PrivatePK to 8

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.

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18 North Sovereign Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on May 4, 2024 by BHHS FOX and ROACH-Northfield, it's currently listed at $595,000. It has been on the market for a total of 227 days and was last sold on May 25, 2011. This listing's school district is Atlantic City Public School District. Nearby schools include Sovereign Ave School, Atlantic City High School and Our Lady Star Of The Sea Regional. 18 North Sovereign Avenue is a 0-bed, 0-bath, 2,272 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS FOX and ROACH-Northfield

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.