21 North Sovereign Avenue

Atlantic City, NJ 08401

$599,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Presenting a unique NEW CONSTRUCTION opportunity in Atlantic City. This gem features an impeccable duplex property located at 21 N Sovereign Ave. in AC, on an oversized lot of 28X100. Imagine living in your own brand new, never before lived-in home for 599K! Live, invest, spend your summers, weekends or retire without breaking the bank. There are so many ways to enjoy and monetize this property. Live in one unit and rent the other. Condo conversion. Rent both units. Airbnb. 2-family living. The possibilities...Presenting a unique NEW CONSTRUCTION opportunity in Atlantic City. This gem features an impeccable duplex property located at 21 N Sovereign Ave. in AC, on an oversized lot of 28X100. Imagine living in your own brand new, never before lived-in home for 599K! Live, invest, spend your summers, weekends or retire without breaking the bank. There are so many ways to enjoy and monetize this property. Live in one unit and rent the other. Condo conversion. Rent both units. Airbnb. 2-family living. The possibilities are endless. Each unit features 3 bedrooms (1 en-suite) 2 full baths with a spacious format of 1140 ft.² ( that's 2280 ft.² total) of air conditioned space. Rounded out with a front deck, off-street parking and an oversized backyard. Centrally located and within walking distance to the boardwalk, beach, bay, Boardwalk Hall, Tropicana Casino, The Walk Outlets, 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. Some of the new features include but are not limited to: Luxury vinyl flooring throughout, granite countertops, exterior vinyl fencing, tankless hot water heater, central air conditioning, irrigation system, 6 foot crawl space for plenty of storage, natural gas, garbage disposal, front deck, stainless appliances, washer/dryer, outdoor shower and 2 car off street parking. Atlantic City is one of the best beach towns in the United States to buy a home for the second year in a row, a study from Realtor.com finds. There's also a five year tax abatement for new construction. Be sure to inquire about the special financial programs Atlantic City is offering. Estimated completion date is first quarter 2025.
  1. Listed by ERIC MILLSTEIN • Soleil Sotheby's International Realty - A

Property Details for 21 North Sovereign Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
Two Car
Waterfront (Y/N)
No
LISTING UPDATED: 10/17/2024 10:19 AM

Property Details for 21 North Sovereign Avenue

StatusActive
MLS #590014
Days on Market50
Taxes$1,250 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built-
Lot Size28.00 AC / 1,219,680 SF
CountyAtlantic County

Building Information for 21 North Sovereign Avenue

Stories-Residences2Year Built-Building Size-Lot Size28.00 AC / 1,219,680 SF

Property Information for 21 North Sovereign Avenue

Summary
Location and General Information
  • Address: 21 N Sovereign Ave
  • Address Direction: N
  • Address Number: 21
  • Address Search Number: 21
  • Address Street: Sovereign
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Sovereign Ave between Arctic and Atlantic Ave.
  • Fips Code: 34001
  • Location: See Remarks
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 10-15-2024
  • Tax Year: 2024
  • Taxes: 1250
Property
Lot Information
  • Approved Short Sale?: No
  • Block #: 263
  • Lot #: 30
  • Lot Dimensions: 28X100
Property and Assessments
  • Age: 0 to 1 Year
  • Also Includes: See Remarks
  • Associated Document Count: 1
  • Doc Timestamp: 10-15-2024
  • Land Value: $36,200
  • New Construction: Yes
  • Total Assessment: 36200
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Private
  • Water Heater: Electric, Tankless-electric
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Curbs, Deck, Outside Shower, Patio, Porch, Sidewalks
  • Siding/Exterior: Vinyl
  • Storms/Screens: Screens
Interior Features
  • Air Conditioning: Central
  • Appliances: Disposal, Dishwasher, Dryer, Gas Stove, Refrigerator, Self Cleaning Oven
  • Basement: 6 Ft. or More Head Room, Crawl Space
  • Heating: Gas-Natural
  • Other Rooms: Dining Area
Multi Family
Multi-Family Information
  • # of 3 Bedroom Units: 2
  • Annual Taxes: TBD
  • Limited Service (Y/N): No
  • Number Of Units: 2
  • Owner Occupied (Y/N): No
  • Separate Meters: Electric, Gas, Sewer, Water
  • Suitable For: Bed and Breakfast, Condo Conversion, Multi Family + Rooms, Other (See Remarks)
Unit 1
  • Unit 1 Baths: 2
Unit 2
  • Unit 2 Baths: 2

Property History for 21 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 21 North Sovereign Avenue

Taxable ValueLand$36,200Additions-Total$36,200
Tax Record2023$1,291 ($108 / month)
Home Facts
Beds0Total Finished SqFt1,488 SqFtAbove Grade Finished SqFt1,488 SqFtStories2Lot Size2,801 SqFtStyleMiscellaneous Vacant LandZoningR-2CountyATLANTICAPN02 00263-0000-00030

Schools near 21 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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21 North Sovereign Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on October 14, 2024 by Soleil Sotheby's International Realty - A, it's currently listed at $599,000. It has been on the market for a total of 50 days and was last sold on March 27, 2024. 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. 21 North Sovereign Avenue is a 0-bed, 0-bath, multi-family home.

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 Soleil Sotheby's International Realty - A

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.