423 North Tennessee Avenue

Atlantic City, NJ 08401

$429,000
Price
Beds
2,702 Sq. Ft.
$159 / Sq. Ft.
2,702
Sq. Ft.
$159
per Sq. Ft.

Description

Investor Alert! This multi-family property boasts 24 rooms, including 7 bedrooms, 3 full bathrooms, and 1 half bathroom, making it ideal for diverse living arrangements. Featuring 3 fully equipped kitchens and ample storage space, the property is both practical and versatile. Located on a 3,875-square-foot lot, it stretches between North Tennessee Avenue and North Ocean Avenue, offering convenient dual access. Situated less than a mile from the Atlantic Ocean, residents can enjoy the benefits of...Investor Alert! This multi-family property boasts 24 rooms, including 7 bedrooms, 3 full bathrooms, and 1 half bathroom, making it ideal for diverse living arrangements. Featuring 3 fully equipped kitchens and ample storage space, the property is both practical and versatile. Located on a 3,875-square-foot lot, it stretches between North Tennessee Avenue and North Ocean Avenue, offering convenient dual access. Situated less than a mile from the Atlantic Ocean, residents can enjoy the benefits of coastal living with easy beach access. This property offers incredible potential for rental income, in a spacious multi-family complex perfect for generating cash flow.
  1. Listed by Holland Mack, III • REAL

Property Details for 423 North Tennessee Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
Two Car
Waterfront (Y/N)
No
Zoned
RM-2
LISTING UPDATED: 12/24/2024 02:34 AM

Property Details for 423 North Tennessee Avenue

StatusActive
MLS #591644
Days on Market14
Taxes$6,911 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Duplex
Year Built1920
Lot Size0.09 AC / 3,875 SF
CountyAtlantic County

Building Information for 423 North Tennessee Avenue

Stories-Residences2Year Built1920Building Size-Lot Size0.09 AC / 3,875 SF

Property Information for 423 North Tennessee Avenue

Summary
Location and General Information
  • Address: 423 N Tennessee Ave Ave
  • Address Direction: N
  • Address Number: 423
  • Address Search Number: 423
  • Address Street: Tennessee Ave
  • Area: Atlantic City
  • County: Atlantic
  • Directions: East on Hwy 30. Right onto Kentucky Ave. Left onto McKinley Ave. Right onto North Tennessee Ave.
  • Fips Code: 34001
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Owner
  • Owner: Ruth Taliaferro
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 12-24-2024
  • Tax Year: 2024
  • Taxes: 6911
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 2702
  • Block #: 534
  • Lot #: 11
  • Lot Dimensions: 25 x 155
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 2
  • Doc Timestamp: 12-24-2024
  • Estate Y/N: Yes
  • Improved Value: $169,700
  • Land Value: $30,500
  • New Construction: No
  • Property Id: 02-00534-0000-00011
  • Total Assessment: 200200
  • Water: Public
  • Year Built: 1920
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
  • Water Heater: Gas
Interior and Exterior Features
Exterior Features
  • Driveway: Gravel
  • Siding/Exterior: Vinyl
  • Storms/Screens: Storms
Interior Features
  • Air Conditioning: Window Units
  • Appliances: Gas Stove, Microwave, Refrigerator
  • Basement: Slab
  • Heating: Baseboard, Radiator
Multi Family
Multi-Family Information
  • # of 3 Bedroom Units: 1
  • # of 4 Bedroom Units: 1
  • Annual Taxes: 6911
  • Limited Service (Y/N): No
  • Number Of Units: 2
  • Owner Occupied (Y/N): Yes
  • Rent Control (Y/N): No
  • Rental Information: Monthly
  • Separate Meters: Electric, Gas, Sewer, Water
  • Suitable For: Condo Conversion, Expansion, Multi Family + Rooms, Rooming House
Unit 1
  • Unit 1 Baths: 2
  • Unit 1 Bedrooms: 3
  • Unit 1 Facing: South
  • Unit 1 Half Baths: 0
  • Unit 1 Level: Upper
  • Unit 1 Rent: 1800
  • Unit 1 Rooms: 8
Unit 2
  • Unit 2 Baths: 1.5
  • Unit 2 Bedrooms: 4
  • Unit 2 Facing: North
  • Unit 2 Half Baths: 1
  • Unit 2 Level: Lower
  • Unit 2 Rent: 2400
  • Unit 2 Rooms: 16

Property History for 423 North 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 423 North Tennessee Avenue

Taxable ValueLand$30,500Additions$169,700Total$200,200
Tax Record2023$7,137 ($595 / month)
Home Facts
Beds0Total Finished SqFt2,702 SqFtAbove Grade Finished SqFt2,702 SqFtLot Size3,877 SqFtStyleSingle Family ResidenceYear Built1920ZoningRM-2CountyATLANTICAPN02 00534-0000-00011

Schools near 423 North 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

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

423 North Tennessee Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on December 23, 2024 by REAL, it's currently listed at $429,000. This listing's school district is Atlantic City Public School District. Nearby schools include New York Avenue School and Atlantic City High School. 423 North Tennessee Avenue is a 0-bed, 0-bath, 2,702 sqft multi-family home built in 1920.

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 REAL

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.