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Sold for $140,000
  • $140,000

    2834 Atlantic Ave APT 505, Atlantic City, NJ 08401

    2beds
    --sqft
    Condominium
    Built in ----
    -- sqft lot
    $149,700 Zestimate®
    $--/sqft
    $2,132 Estimated rent

    Home value

    $149,700

    $132,000 - $169,000

    $2,132/mo

    Zestimate® history
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    What's special

    Private balconyModern kitchenUpdated bathroom
    OWN FOR THE PRICE OF RENTING !!! Fully Renovated 2BR Condo – 6.5% Cap Rate – Utilities Included – Priced to Move at $150,000 Investor Alert: This turnkey 2-bedroom, 1-bath unit in Brighton Towers won’t last long. Just blocks from the beach and Tropicana, Unit 505 has been fully renovated with a modern kitchen, updated bathroom, and a private balcony — a rare find in this high-rise. Currently renting for $2,000/month, the numbers speak for themselves:     -    Net Income: $9,780/year     -    Cap Rate: 6.52% at asking price     -    HOA: $827/month (includes gas, electric, and water)     -    Taxes: $208/month     -    HO6 Insurance: $150/month This unit is cash flow ready with no upfront rehab needed. Strong rental demand, low vacancy, and all utilities wrapped into one HOA bill make this a hands-off, passive income opportunity. - Perfect for:     -    Out-of-state investors     -    1031 exchange buyers     -    New landlords looking for plug-and-play cash flow income and expense sheet on documents. ALERT! Buy now with a few Bitcoins or ask about Private Financing Available Starting at 10%.

    Zillow last checked:

    Listing updated:

    Listed by:

    Tiarrah Turner 609-675-0894,

    WEICHERT REALTORS ASBURY GROUP-AC

    Bought with:

    CHAK (LEON) TONG, 9702902

    Source: SJSRMLS,MLS#: 599711MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Electric
    Features
    • Has fireplace: No

    Property

    Parking
    • Parking features: See Remarks
    Features
    • Levels: Five or More
    Details
    • Parcel number: 1

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Condition
    • New construction: No

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: Brighton
    HOA
    • Services included: Electricity, Maintenance, Management, Sewer, Trash, Water
    Location
    • Region: Atlantic City

    Financial & listing details

    • Tax assessed value: $70,100
    • Annual tax amount: $1,700
    • Date on market: 8/26/2025
    • Date available: 08/26/2025

    Price history

    DateEventPrice
    8/27/2025Sold$140,000-3.4%
    Source: SJSRMLS #599711 Report a problem
    8/26/2025Listed for sale$145,000
    Source: SJSRMLS #599711 Report a problem
    8/4/2025Listing removed$145,000
    Source: SJSRMLS #595977 Report a problem
    7/17/2025Price change$145,000-3.3%
    Source: SJSRMLS #595977 Report a problem
    7/5/2025Price change$149,9990%
    Source: SJSRMLS #595977 Report a problem
    6/17/2025Price change$150,000-3.2%
    Source: SJSRMLS #595977 Report a problem
    6/12/2025Price change$155,000-3.1%
    Source: SJSRMLS #595977 Report a problem
    6/10/2025Price change$160,000-1.2%
    Source: SJSRMLS #595977 Report a problem
    5/7/2025Listed for sale$162,000+0.4%
    Source: SJSRMLS #595977 Report a problem
    4/21/2025Listing removed$161,299
    Source: SJSRMLS #592420 Report a problem
    4/4/2025Price change$161,299-0.7%
    Source: SJSRMLS #592420 Report a problem
    2/28/2025Price change$162,500-1.5%
    Source: SJSRMLS #592420 Report a problem
    2/3/2025Price change$164,999-5.7%
    Source: SJSRMLS #592420 Report a problem
    1/24/2025Listed for sale$175,000+2.9%
    Source: SJSRMLS #592420 Report a problem
    5/23/2024Listing removed--
    Source: SJSRMLS #584579 Report a problem
    4/25/2024Listed for sale$170,000
    Source: SJSRMLS #584579 Report a problem
    2/7/2024Listing removed--
    Source: SJSRMLS #576788 Report a problem
    12/22/2023Contingent$170,000
    Source: SJSRMLS #576788 Report a problem
    10/30/2023Price change$170,000-2.9%
    Source: SJSRMLS #576788 Report a problem
    10/25/2023Price change$175,000+0%
    Source: SJSRMLS #576788 Report a problem
    10/19/2023Price change$174,9900%
    Source: SJSRMLS #576788 Report a problem
    9/15/2023Price change$175,000+1.7%
    Source: SJSRMLS #576788 Report a problem
    9/13/2023Price change$172,000-1.7%
    Source: SJSRMLS #576788 Report a problem
    8/11/2023Listed for sale$175,000+191.7%
    Source: SJSRMLS #576788 Report a problem
    9/13/2019Sold$60,000-14.2%
    Source: SJSRMLS #526165 Report a problem
    8/7/2019Listed for sale$69,900+41.2%
    Source: BOARDWALK REALTY #526165 Report a problem
    11/3/2016Sold$49,500
    Source: SJSRMLS #475645 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,420 $70,100
    2024$2,420 -3.2%$70,100
    2023$2,499 -8.6%$70,100
    2022$2,735 -0.8%$70,100
    2021$2,758 +35.7%$70,100
    2020$2,032 +2715.7%$70,100 +37.5%
    2019$72 $51,000
    2018$72 -97.7%$51,000 -36.3%
    2017$3,088 +12.8%$80,000
    2016$2,738 +2.2%$80,000
    2015$2,678 $80,000
    Find assessor info on the county website

    Neighborhood: 08401

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $149,700
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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
    $149,700