Investor Opportunity – 4-Unit Multifamily Property (Sold As-Is) This is a short sale This 4-unit multifamily property has been fully gutted and is ready for your vision! The hard work has been started—now bring your plans and finish to your specifications. Perfect opportunity for an investor or contractor looking for a renovation project with great income potential. Property is being sold as-is, with the buyer responsible for all inspections, certifications, and repairs.
For sale
$225,000
27 N Rhode Island Ave, Atlantic City, NJ 08401
--beds
--baths
--sqft
:
Get pre-qualified$1,587/mo
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 35 days |
- 611 |
- 41 |
Zillow last checked:
Listing updated:
Listed by:
JUDI COHEN 609-513-2303,
BHHS FOX and ROACH-Margate
Source: SJSRMLS,MLS#: 609037
Facts & features
Interior
Heating
- Natural Gas
Features
- Basement: Outside Entrance
- Has fireplace: No
Property
Parking
- Parking features: None
Features
- Waterfront features: Boardwalk Area
Lot
- Size: 3,103 Square Feet
- Dimensions: 29 x 107
Details
- Parcel number: 76
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Atlantic City
Financial & listing details
- Tax assessed value: $187,400
- Annual tax amount: $6,334
- Date on market: 6/18/2026
- Date available: 06/18/2026
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$2,217/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Listed for sale | $225,000-10% |
Source: | ||
| 5/10/2026 | Listing removed | $250,000 |
Source: | ||
| 11/11/2025 | Listed for sale | $250,000+25% |
Source: | ||
| 5/4/2022 | Sold | $200,000+73.9% |
Source: Public Record Report a problem | ||
| 5/27/2021 | Sold | $115,000-4.1% |
Source: Public Record Report a problem | ||
| 11/1/2020 | Listing removed | $119,900 |
Source: Executive Realtors #NJAC112744 Report a problem | ||
| 9/1/2020 | Price change | $119,900-4% |
Source: EXECUTIVE REALTORS #530103 Report a problem | ||
| 3/23/2020 | Price change | $124,900-7.4% |
Source: EXECUTIVE REALTORS #530103 Report a problem | ||
| 12/12/2019 | Price change | $134,900-3.6% |
Source: EXECUTIVE REALTORS #530103 Report a problem | ||
| 11/4/2019 | Listed for sale | $139,900+125.6% |
Source: EXECUTIVE REALTORS #530103 Report a problem | ||
| 5/17/2018 | Listing removed | $500 |
Source: Owner Report a problem | ||
| 5/7/2018 | Listed for rent | $500-41.2% |
Source: Owner Report a problem | ||
| 6/10/2017 | Listing removed | $850 |
Source: Owner Report a problem | ||
| 4/14/2017 | Price change | $850-5.6% |
Source: Owner Report a problem | ||
| 3/13/2017 | Listed for rent | $900 |
Source: Owner Report a problem | ||
| 5/31/2016 | Sold | $62,000+148% |
Source: | ||
| 4/1/2016 | Price change | $25,000-72.2% |
Source: Auction.com Report a problem | ||
| 3/20/2016 | Price change | $89,900+349.5% |
Source: EXIT REALTY OCEAN CITY #460832 Report a problem | ||
| 3/1/2016 | Price change | $20,000-20% |
Source: Auction.com Report a problem | ||
| 2/12/2016 | Price change | $25,000-16.7% |
Source: Auction.com Report a problem | ||
| 1/29/2016 | Price change | $30,000-40% |
Source: Auction.com Report a problem | ||
| 1/14/2016 | Price change | $50,000-88.2% |
Source: Auction.com Report a problem | ||
| 1/9/2016 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 8/14/2015 | Listing removed | -- |
Source: Auction.com Report a problem | ||
| 6/15/2015 | Listed for sale | -- |
Source: Auction.com Report a problem | ||
| 12/12/2005 | Sold | $423,000+81.5% |
Source: Public Record Report a problem | ||
| 1/22/2004 | Sold | $233,000+366% |
Source: Public Record Report a problem | ||
| 10/11/2002 | Sold | $50,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,469 | $187,400 |
| 2024 | $6,469 -3.2% | $187,400 |
| 2023 | $6,681 -8.6% | $187,400 |
| 2022 | $7,310 -0.8% | $187,400 |
| 2021 | $7,372 +94.2% | $187,400 |
| 2020 | $3,797 -66.5% | $187,400 +96.6% |
| 2019 | $11,338 | $95,300 -70.3% |
| 2018 | $11,338 -8.5% | $321,100 |
| 2017 | $12,394 +12.8% | $321,100 |
| 2016 | $10,988 +2.2% | $321,100 |
| 2015 | $10,750 +31.7% | $321,100 |
| 2014 | $8,162 +17.5% | $321,100 |
| 2013 | $6,949 +11.1% | $321,100 |
| 2012 | $6,252 +7.6% | $321,100 |
| 2011 | $5,809 +5.6% | $321,100 |
| 2010 | $5,500 +2.8% | $321,100 |
| 2009 | $5,350 +197.3% | $321,100 |
| 2008 | $1,800 +0.8% | $321,100 +564.8% |
| 2007 | $1,785 | $48,300 |
| 2006 | -- | $48,300 |
| 2005 | -- | $48,300 |
| 2004 | -- | $48,300 |
| 2003 | -- | $48,300 |
| 2002 | -- | $48,300 |
| 2001 | -- | $48,300 |
Find assessor info on the county website
Monthly payment
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Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 08401
Nearby schools
GreatSchools rating
- 3/10Pennsylvania Ave SchoolGrades: PK-8Distance: 0.5 mi
- 1/10Atlantic City High SchoolGrades: 9-12Distance: 3.2 mi
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