This is a legal duplex and a great opportunity for investment income or for someone to live in one unit and rent out the other. Each unit consists of 2 bedrooms and 1 bathroom. The 1st-floor unit is currently rented for $1,400.00 per month and has an up-to-date 1-year lease. The 2nd-floor unit will require renovation but has a potential rental income of $1,500.00 per month. The property is located in close proximity to the casinos and beaches of Atlantic City.
Sold for $174,000
$174,000
1421 Drexel Ave, Atlantic City, NJ 08401
--beds
2baths
--sqft
Duplex
Built in ----
-- sqft lot
$250,200 Zestimate®
$--/sqft
$2,042 Estimated rent
Home value
$250,200
$218,000 - $285,000
$2,042/mo
Zestimate® history
Owner options
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$1,023/mo
Est. payment
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$1,023/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
GORAN CEDEVSKI 609-334-0238,
BHHS FOX and ROACH-Northfield
Bought with:
Maureen Belisle-Leong, 0226618
Source: SJSRMLS,MLS#: 582823
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 2
Rooms
- Room types: Kitchen
Heating
- Forced Air, Natural Gas
Cooling
- Electric, Window Unit(s)
Appliances
- Included: Gas Stove, Refrigerator
Features
- Has basement: No
- Has fireplace: No
Property
Parking
- Parking features: Off Site, None
Features
- Patio & porch: Porch
Lot
- Size: 1,014 Square Feet
- Dimensions: 0.0233
Details
- Parcel number: 9
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Atlantic City
Financial & listing details
- Tax assessed value: $148,000
- Annual tax amount: $2,795
- Date on market: 3/4/2024
- Date available: 03/04/2024
- Road surface type: Sidewalks
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2024 | Sold | $174,000-13% |
Source:  SJSRMLS #582823 Report a problem | ||
| 3/4/2024 | Listed for sale | $199,900+90.4% |
Source: SJSRMLS #582823 Report a problem | ||
| 6/24/2022 | Sold | $105,000+31.3% |
Source: Public Record Report a problem | ||
| 8/9/2021 | Sold | $80,000+14.4% |
Source: Public Record Report a problem | ||
| 12/28/2019 | Listing removed | $69,900 |
Source: USREALTY.COM, LLP #530978 Report a problem | ||
| 12/9/2019 | Price change | $69,900-6.7% |
Source: USREALTY.COM, LLP #530978 Report a problem | ||
| 11/29/2019 | Listed for sale | $74,900 |
Source: USREALTY.COM, LLP #530978 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,109 +100% | $148,000 +100% |
| 2024 | $2,554 -3.2% | $74,000 |
| 2023 | $2,638 -8.6% | $74,000 |
| 2022 | $2,887 -0.8% | $74,000 |
| 2021 | $2,911 +4.4% | $74,000 |
| 2020 | $2,789 +68.3% | $74,000 +5.7% |
| 2019 | $1,657 | $70,000 |
| 2018 | $1,657 -64.2% | $70,000 -41.7% |
| 2017 | $4,632 +12.8% | $120,000 |
| 2016 | $4,106 +2.2% | $120,000 |
| 2015 | $4,018 +31.7% | $120,000 |
| 2014 | $3,050 -2.6% | $120,000 -25.4% |
| 2012 | $3,133 +7.6% | $160,900 |
| 2011 | $2,911 +5.6% | $160,900 |
| 2010 | $2,756 +2.8% | $160,900 |
| 2009 | $2,681 +118% | $160,900 |
| 2008 | $1,230 +0.8% | $160,900 +387.6% |
| 2007 | $1,220 | $33,000 |
| 2006 | -- | $33,000 |
| 2005 | -- | $33,000 |
| 2004 | -- | $33,000 |
| 2003 | -- | $33,000 |
| 2002 | -- | $33,000 |
| 2001 | -- | $33,000 |
Find assessor info on the county website
Neighborhood: 08401
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Nearby schools
GreatSchools rating
- 3/10New York Avenue SchoolGrades: PK-8Distance: 0.1 mi
- 1/10Atlantic City High SchoolGrades: 9-12Distance: 2.4 mi
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Estimated market value
$250,200
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
$250,200
- New Jersey
- Atlantic County
- Atlantic City
- 08401
- 1421 Drexel Ave
Nearby cities
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