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Sold for $229,900
  • $229,900

    1406 Madison Ave, Atlantic City, NJ 08401

    --beds
    2baths
    --sqft
    Duplex
    Built in ----
    -- sqft lot
    $280,700 Zestimate®
    $--/sqft
    $2,245 Estimated rent

    Home value

    $280,700

    $253,000 - $312,000

    $2,245/mo

    Zestimate® history
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    What's special

    Investors take note of this opportunity in Venice Park, Atlantic City! This legal duplex represents a fantastic investment option for rental income, whether through Airbnb or annual rental agreements. Unit 2, located upstairs, features two bedrooms on the main floor and either one bedroom or a loft on the third floor. Both the kitchen and bathroom have been renovated, and the house is undergoing additional renovations. There is a new front porch, a deck at the back of the house, and a new terrace/porch on the third floor. Additionally, the HVAC system is just one year old, and there are newer kitchen appliances. Ground-level Unit 1 is framed for a two-bedroom apartment, which includes a kitchen and one bathroom. Renovations are needed throughout this unit. The buyer is responsible for all certifications, inspections, and the Certificate of Occupancy. This property is easy to show, with a lockbox on the front door of Unit 2. Please call showing time to schedule a viewing.

    Zillow last checked:

    Listing updated:

    Listed by:

    GORAN CEDEVSKI 609-334-0238,

    BHHS FOX and ROACH-Northfield

    Bought with:

    Deborah Giacomoni, 1112211

    Source: SJSRMLS,MLS#: 592163MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 2
    Rooms
    • Room types: Dining Area, Kitchen, Living Room, Loft
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Stove, Microwave, Refrigerator
    Features
    • Windows: Screens
    • Has basement: No
    • Has fireplace: No

    Property

    Parking
    • Parking features: Off Site, None
    Features
    • Patio & porch: Deck, Porch
    • Has view: Yes
    • View description: See Remarks
    Lot
    • Size: 2,250 Square Feet
    • Dimensions: 30 x 75
    Details
    • Parcel number: 12

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    Materials
    • Brick, Vinyl
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Atlantic City

    Financial & listing details

    • Tax assessed value: $125,000
    • Annual tax amount: $4,315
    • Date on market: 1/15/2025
    • Date available: 01/15/2025
    • Road surface type: Sidewalks

    Price history

    DateEventPrice
    9/4/2025Sold$229,900-8%
    Source: SJSRMLS #592163 Report a problem
    8/20/2025Price change$249,900-5%
    Source: SJSRMLS #592163 Report a problem
    8/10/2025Price change$263,000+5.2%
    Source: SJSRMLS #592163 Report a problem
    6/2/2025Price change$249,900+2.5%
    Source: SJSRMLS #592163 Report a problem
    1/16/2025Listed for sale$243,900+4.2%
    Source: SJSRMLS #592163 Report a problem
    12/18/2024Listing removed$234,000-4.1%
    Source: SJSRMLS #589967 Report a problem
    12/2/2024Price change$244,000-3.6%
    Source: SJSRMLS #589967 Report a problem
    11/4/2024Price change$253,000-2.3%
    Source: SJSRMLS #589967 Report a problem
    10/13/2024Listed for sale$259,000+4%
    Source: SJSRMLS #589967 Report a problem
    9/29/2024Listing removed$249,000
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #584488 Report a problem
    9/25/2024Price change$249,000-5.7%
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #584488 Report a problem
    9/13/2024Price change$264,000+3.9%
    Source: SJSRMLS #584488 Report a problem
    9/3/2024Price change$254,000+4.1%
    Source: SJSRMLS #584488 Report a problem
    8/25/2024Price change$244,000-3.9%
    Source: SJSRMLS #584488 Report a problem
    8/19/2024Price change$254,000-1.9%
    Source: SJSRMLS #584488 Report a problem
    7/31/2024Price change$259,000-3.7%
    Source: SJSRMLS #584488 Report a problem
    7/22/2024Price change$269,000-0.7%
    Source: SJSRMLS #584488 Report a problem
    7/16/2024Price change$271,000-2.2%
    Source: SJSRMLS #584488 Report a problem
    7/8/2024Price change$277,000-4.2%
    Source: SJSRMLS #584488 Report a problem
    6/11/2024Price change$289,000-3.6%
    Source: SJSRMLS #584488 Report a problem
    5/26/2024Price change$299,900-2.9%
    Source: SJSRMLS #584488 Report a problem
    5/21/2024Price change$309,000-3.1%
    Source: SJSRMLS #584488 Report a problem
    4/23/2024Listed for sale$319,000+14.3%
    Source: SJSRMLS #584488 Report a problem
    11/7/2023Listing removed$279,000
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #578798 Report a problem
    10/17/2023Price change$279,000+43.8%
    Source: SJSRMLS #578798 Report a problem
    10/4/2023Listed for sale$194,000+104.2%
    Source: SJSRMLS #573061 Report a problem
    10/26/2022Sold$95,000+171.4%
    Source: SJSRMLS #561771 Report a problem
    4/29/1994Sold$35,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,315 $125,000
    2024$4,315 -3.2%$125,000
    2023$4,456 -8.6%$125,000
    2022$4,876 -0.8%$125,000
    2021$4,918 +45.2%$125,000
    2020$3,386 +12.8%$125,000 +47.1%
    2019$3,003 $85,000
    2018$3,003 -35.2%$85,000
    2017$4,632 -40.2%$85,000 -29.2%
    2016$7,751 +2.2%$120,000 -47%
    2015$7,583 +31.7%$226,500
    2014$5,758 +17.5%$226,500
    2013$4,901 +11.1%$226,500
    2012$4,410 +7.6%$226,500
    2011$4,097 +5.6%$226,500
    2010$3,880 +2.8%$226,500
    2009$3,773 +98.6%$226,500
    2008$1,900 +0.8%$226,500 +344.1%
    2007$1,885 $51,000
    2006-- $51,000
    2005-- $51,000
    2004-- $51,000
    2003-- $51,000
    2002-- $51,000
    2001-- $51,000
    Find assessor info on the county website

    Neighborhood: 08401

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $280,700
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $280,700