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Sold for $330,000
  • $330,000

    124 N Delaware Ave, Atlantic City, NJ 08401

    12beds
    --baths
    --sqft
    Multi Family
    Built in 1900
    -- sqft lot
    $450,000 Zestimate®
    $--/sqft
    $2,265 Estimated rent

    Home value

    $450,000

    $392,000 - $513,000

    $2,265/mo

    Zestimate® history
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    $2,361/mo

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    What's special

    CALLING ALL SAVVY INVESTORS who are ready to take on a money making venture with phenomenal income potential. Unique property with 4 individual townhouses connected in one structure. Each townhouse offers 3BR’s and 1BA and within each of the units, renovations have begun but were not completed. There is a small fenced yard behind each home with access from the kitchen. Flooring and cabinets are in most of the units, but there is still quite a bit of work to be done. Upon completion, each of the units could easily rent between $1500-$1700 per month making your sweat equity pay off in the long run. The location is the gateway to the Showboat with the Ocean Casino and the Hard Rock nearby. Public transportation is 2 blocks away and this property is surrounded by newer homes all around. Line up your contractors and your investors and anyone looking to put their vision to work. Fix it up, rent it out, and Rake in your profits! HIGHEST AND BEST OFFERS ARE DUE BY 12 NOON ON WEDNESDAY, APRIL 26, 2023. NO EXCEPTIONS. BRING YOUR CONTRACTOR WHEN MAKING YOUR APPOINTMENT! SEE AGENT REMARKS FOR DETAILS

    Zillow last checked:

    Listing updated:

    Listed by:

    BARBARA KYLE 609-226-4188,

    BALSLEY/LOSCO

    Bought with:

    GERARD (Jerry) BARKER, 0448245

    Source: SJSRMLS,MLS#: 573295MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    Rooms
    • Room types: Dining Room, Kitchen
    Heating
    • None
    Features
    • Basement: Crawl Space
    • Has fireplace: No

    Property

    Parking
    • Parking features: None
    Features
    • Patio & porch: Porch
    • Fencing: Fenced
    • Has view: Yes
    • View description: See Remarks
    Lot
    • Size: 2,750 Square Feet
    • Dimensions: 55 x 50
    Details
    • Parcel number: 9

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    Condition
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Atlantic City

    Financial & listing details

    • Tax assessed value: $149,300
    • Annual tax amount: $5,639
    • Date on market: 4/22/2023
    • Date available: 04/22/2023
    • Inclusions: See Remarks
    • Road surface type: Sidewalks

    Price history

    DateEventPrice
    2/12/2024Sold$330,000+0.3%
    Source: SJSRMLS #573295 Report a problem
    5/2/2023Pending sale$329,000
    Source: SJSRMLS #573295 Report a problem
    4/22/2023Listed for sale$329,000+49.5%
    Source: SJSRMLS #573295 Report a problem
    3/21/2023Sold$220,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,154 $149,300
    2024$5,154 -3.2%$149,300
    2023$5,323 -8.6%$149,300
    2022$5,824 -0.8%$149,300
    2021$5,873 -38.3%$149,300
    2020$9,526 +40%$149,300 -37.6%
    2019$6,806 $239,100
    2018$6,806 -26.3%$239,100
    2017$9,229 +12.8%$239,100
    2016$8,182 +2.2%$239,100
    2015$8,005 +31.7%$239,100
    2014$6,078 +30.6%$239,100
    2012$4,655 +7.6%$239,100
    2011$4,325 +5.6%$239,100
    2010$4,096 +2.8%$239,100
    2009$3,983 +77.6%$239,100
    2008$2,243 +0.8%$239,100 +297.2%
    2007$2,225 $60,200
    2006-- $60,200
    2005-- $60,200
    2004-- $60,200
    2003-- $60,200
    2002-- $60,200
    2001-- $60,200
    Find assessor info on the county website

    Neighborhood: 08401

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $450,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $450,000