700 Adriatic Avenue

Atlantic City, NJ 08401

$469,000
Price
Beds
3,016 Sq. Ft.
$156 / Sq. Ft.
3,016
Sq. Ft.
$156
per Sq. Ft.

Description

Quadplex with four-two bedroom units located in Bungalow Park on the corner of Adriatic and N. NJ Aves. Prime location for landlords since its surrounded by the Ocean Casino, Showboat, Waterpark, Hardrock, Steel Peir, Resorts, Margaritaville, Golden Nugget, Farleys Marina, Borgata, MGM, Harrahs, Gardners Basin, Backbay Ale House, Absecon Lighthouse, Little Water Distillery, the Seed Brewery and of course the Atlantic Ocean, Jersey Shore Beaches and the worlds most famous Boardwalk to ensure that...Quadplex with four-two bedroom units located in Bungalow Park on the corner of Adriatic and N. NJ Aves. Prime location for landlords since its surrounded by the Ocean Casino, Showboat, Waterpark, Hardrock, Steel Peir, Resorts, Margaritaville, Golden Nugget, Farleys Marina, Borgata, MGM, Harrahs, Gardners Basin, Backbay Ale House, Absecon Lighthouse, Little Water Distillery, the Seed Brewery and of course the Atlantic Ocean, Jersey Shore Beaches and the worlds most famous Boardwalk to ensure that there will never any shortage of paying tenants! Each unit has seperate Gas, Electric, and cable so the tenants can all pay their own utilities. Plenty of street parking on Adriatic and NJ aves. Income and Expenses are available to qualified buyers. There is one vacancy at the time of this lsiting, the three occupied units are all on Section 8.
  1. Listed by GERARD (Jerry) BARKER • WEICHERT REALTORS ASBURY GROUP-AC

Property Details for 700 Adriatic Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
Three or More Cars
Waterfront (Y/N)
No
Zoned
RM1
LISTING UPDATED: 11/13/2024 10:49 AM

Property Details for 700 Adriatic Avenue

StatusActive
MLS #589224
Days on Market90
Taxes$4,580 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built-
Lot Size0.04 AC / 1,950 SF
CountyAtlantic County

Building Information for 700 Adriatic Avenue

Stories-Residences4Year Built-Building Size-Lot Size0.04 AC / 1,950 SF

Property Information for 700 Adriatic Avenue

Summary
Location and General Information
  • Address: 700 N Adriatic Ave
  • Address 2: 702
  • Address Direction: N
  • Address Number: 700
  • Address Search Number: 700
  • Address Street: Adriatic
  • Area: Atlantic City
  • County: Atlantic
  • Directions: Corner of NJ and Adriatic Ave in Bungalow Park
  • Fips Code: 34001
  • Location: Corner, Boardwalk Area
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Owner
  • Owner: LLC
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 09-18-2024
  • Tax Year: 2024
  • Taxes: 4580
Property
Lot Information
  • Approved Short Sale?: N/A
  • Approx SQFT: 3016
  • Block #: 434
  • Lot #: 5
  • Lot Dimensions: 26x75
Property and Assessments
  • Associated Document Count: 1
  • Doc Timestamp: 09-18-2024
  • Estate Y/N: No
  • Total Assessment: 104900
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Outside Features: Curbs, Sidewalks
  • Siding/Exterior: Brick
Interior Features
  • Appliances: Gas Stove, Refrigerator, Self Cleaning Oven
  • Heating: Baseboard
Multi Family
Multi-Family Information
  • # of 2 Bedroom Units: 4
  • Annual Taxes: 4580
  • Limited Service (Y/N): No
  • Number Of Units: 4
  • Owner Occupied (Y/N): No
  • Separate Meters: Electric, Gas
  • Total Expense: 15500
  • Total Income: 75700

Property History for 700 Adriatic 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 700 Adriatic Avenue

Taxable ValueLand$27,800Additions$104,900Total$132,700
Tax Record2023$4,731 ($394 / month)
Home Facts
Beds0Total Finished SqFt3,016 SqFtAbove Grade Finished SqFt3,016 SqFtStories2Lot Size1,986 SqFtStyleSingle Family ResidenceYear Built1900ZoningRM-1CountyATLANTICAPN02 00434-0000-00005

Schools near 700 Adriatic 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
Uptown School Complex Elementary 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.

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700 Adriatic Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on September 18, 2024 by WEICHERT REALTORS ASBURY GROUP-AC, it's currently listed at $469,000. This listing's school district is Atlantic City Public School District. Nearby schools include Uptown School Complex Elementary School and Atlantic City High School. 700 Adriatic Avenue is a 0-bed, 0-bath, 3,016 sqft 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 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.