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Sold for $272,500
  • $272,500

    322 N Tennessee Ave, Atlantic City, NJ 08401

    4beds
    --baths
    1,814sqft
    Duplex
    Built in ----
    -- sqft lot
    $275,800 Zestimate®
    $150/sqft
    $2,117 Estimated rent

    Home value

    $275,800

    $243,000 - $312,000

    $2,117/mo

    Zestimate® history
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    $1,943/mo

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    What's special

    Two large bedroomsNatural gas cooking
    Investor ALERT - 11.50% Cap Rate or Live in one unit and rent out the other to pay all the bills!!! Second Floor 2bdrm Apartment rented out for $1750 p/m. Ground floor unit is now vacant. Each unit was renovated & feature vynil plank flooring throughout, Natural Gas Cooking, Natural Gas hot water baseboard heating, eat in kitchens with decks, large living rooms, two large bedrooms, one full bathroom, & washer/dryer hook-ups. Outside there is plenty of parking in back of the property and along both Tennessee and Drexel Aves. Close to AC Expressway & Route 30 (White Horse Pike) for easy access in and out of the city. Close to NY Ave School, the AC Convention Center and the Outlets at the Tanger Walk shopping center. Two minute car ride to the Borgata, Harrahs, & Golden Nugget hotel and casinos, the Absecon Lighthouse, and of the course the Jersey Shore Beaches and the Worlds most famous Boardwalk! Double Digit cap rates, positive cash flow, low maintenance and a booming real estate market make this an ideal purchase for the savvy buyers looking to time the market perfectly! Live in one unit and rent out the other! First time home buyers may even qualify for up to $50,000.00 in Grant Money towards this purchase! Buy it now with about 5 Bitcoins or ask us about Hard Money Loans & Private Financing. All standard bank loans may also be acceptable as well including FHA, VA, DSCR, and Conventional financing options. Income and Expenses available to qualified buyers. Hablo Espanol. Existing tenants pay their own gas and electric, and all forms of public transportation are available in the neighborhood. Income and Expenses available to qualified buyers.

    Zillow last checked:

    Listing updated:

    Listed by:

    GERARD (Jerry) BARKER 609-481-7745,

    WEICHERT REALTORS ASBURY GROUP-AC

    Bought with:

    AGENT NON-MEMBER

    Source: SJSRMLS,MLS#: 604154MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    Rooms
    • Room types: Dining Area, Laundry
    Heating
    • Baseboard, Natural Gas, Hot Water
    Appliances
    • Included: Gas Stove, Refrigerator, Self Cleaning Oven
    Features
    • Eat-in Kitchen
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 1,814
    • Total interior livable area: 1,814 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: None
    Features
    • Patio & porch: Deck
    • Waterfront features: Boardwalk Area
    Lot
    • Size: 2,500 Square Feet
    • Dimensions: 25 x 100
    Details
    • Parcel number: 7

    Construction

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

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Atlantic City

    Financial & listing details

    • Price per square foot: $150/sqft
    • Tax assessed value: $166,900
    • Annual tax amount: $5,641
    • Date on market: 1/23/2026
    • Date available: 01/23/2026
    • Road surface type: Sidewalks

    Price history

    DateEventPrice
    5/15/2026Sold$272,500-4.4%$150/sqft
    Source: SJSRMLS #604154 Report a problem
    4/27/2026Listing removed$1,750$1/sqft
    Source: Zillow Rentals Report a problem
    4/22/2026Pending sale$285,000$157/sqft
    Source: SJSRMLS #604154 Report a problem
    3/25/2026Price change$1,750-2.8%$1/sqft
    Source: Zillow Rentals Report a problem
    3/24/2026Price change$285,000-1.4%$157/sqft
    Source: SJSRMLS #604154 Report a problem
    3/9/2026Price change$289,000-2%$159/sqft
    Source: SJSRMLS #604154 Report a problem
    3/6/2026Listed for rent$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    3/5/2026Listed for sale$295,000$163/sqft
    Source: SJSRMLS #604154 Report a problem
    2/27/2026Pending sale$295,000$163/sqft
    Source: SJSRMLS #604154 Report a problem
    1/23/2026Listed for sale$295,000+18%$163/sqft
    Source: SJSRMLS #604154 Report a problem
    8/1/2025Listing removed$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    5/20/2025Listed for rent$1,800+6.2%$1/sqft
    Source: Zillow Rentals Report a problem
    5/6/2024Listing removed--
    Source: Zillow Rentals Report a problem
    12/28/2023Price change$1,695-5.8%$1/sqft
    Source: Zillow Rentals Report a problem
    12/13/2023Listed for rent$1,800$1/sqft
    Source: Zillow Rentals Report a problem
    12/8/2023Sold$250,000+2%$138/sqft
    Source: SJSRMLS #578973 Report a problem
    11/8/2023Pending sale$245,000$135/sqft
    Source: SJSRMLS #578973 Report a problem
    11/3/2023Contingent$245,000$135/sqft
    Source: SJSRMLS #578973 Report a problem
    10/21/2023Listed for sale$245,000+40%$135/sqft
    Source: SJSRMLS #578973 Report a problem
    10/21/2021Sold$175,000-2.7%$96/sqft
    Source: Public Record Report a problem
    9/9/2021Listed for sale$179,900+605.5%$99/sqft
    Source: Berkshire Hathaway HomeServices Fox & Roach, REALTORS #555248 Report a problem
    4/6/2020Sold$25,500+2450%$14/sqft
    Source: Public Record Report a problem
    10/15/2019Sold$1,000$1/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,761 $166,900
    2024$5,761 +224.5%$166,900 +235.1%
    2023$1,775 -8.6%$49,800
    2022$1,943 -0.8%$49,800
    2021$1,959 -45.4%$49,800
    2020$3,586 +12.8%$49,800 -44.7%
    2019$3,180 $90,000
    2018$3,180 -8.5%$90,000
    2017$3,474 +12.8%$90,000
    2016$3,080 +2.2%$90,000
    2015$3,013 -1.2%$90,000
    2014$3,050 -10.9%$90,000 -48.8%
    2012$3,423 +7.6%$175,800
    2011$3,180 +5.6%$175,800
    2010$3,011 +2.8%$175,800
    2009$2,929 +79.9%$175,800
    2008$1,628 +0.8%$175,800 +302.3%
    2007$1,615 $43,700
    2006-- $43,700
    2005-- $43,700
    2004-- $43,700
    2003-- $43,700
    2002-- $43,700
    2001-- $43,700
    Find assessor info on the county website

    Neighborhood: 08401

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $275,800
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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
    $275,800