Sold for $85,000

$85,000

423 N Dr Martin Luther King Blvd, Atlantic City, NJ 08401

3beds

--sqft

Single Family Residence

Built in 1900

2,000 Square Feet Lot

$160,800 Zestimate^®

$--/sqft

$2,220 Estimated rent

Home value

$160,800

$124,000 - $204,000

$2,220/mo

Zestimate^® history

Owner options

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$2,220/mo

Rent Zestimate^®

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$500/mo

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$500/mo

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What's special

"Fantastic Investment Opportunity in the Heart of the City! This spacious 2-story townhome offers 3 bedrooms, 2 bathrooms, and large living spaces, all within a fenced yard. While the property requires a complete renovation, utilities are currently active, and it's tenant-occupied, providing immediate rental income of $1,200 per month. The tenant is reliable and consistently on time with payments. With some vision and effort, this property has great potential for both investors and future homeowners looking to customize their dream home. The buyer must obtain "any/all" occupancy certificates at the buyer's expense. Don't miss out on this value-packed opportunity!"

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 1

Rooms

Room types: Dining Room

Bedroom 1

Level: Upper

Bedroom 2

Level: Upper

Bedroom 3

Level: Upper

Dining room

Level: Main

Kitchen

Level: Main

Living room

Level: Main

Heating

Natural Gas, Radiant

Appliances

Included: Gas Stove

Features

Eat-in Kitchen
Basement: Crawl Space
Has fireplace: No

Property

Parking

Total spaces: 3
Parking features: None

Features

Levels: Two
Stories: 2
Exterior features: Fenced Yard
Fencing: Fenced

Lot

Size: 2,000 Square Feet
Dimensions: 20 x 100

Details

Parcel number: 2

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Brick

Condition

New construction: No
Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Atlantic City

Financial & listing details

Tax assessed value: $64,500
Annual tax amount: $2,299
Date on market: 8/7/2024
Date available: 08/07/2024

Price history

Date	Event	Price
11/25/2024	Sold	$85,000+6.4%
Source: SJSRMLS #587897 Report a problem
9/5/2024	Pending sale	$79,900
Source: SJSRMLS #587897 Report a problem
8/9/2024	Listed for sale	$79,900+22.9%
Source: SJSRMLS #587897 Report a problem
1/9/2004	Sold	$65,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,227	$64,500
2024	$2,227 -3.2%	$64,500
2023	$2,299 -8.6%	$64,500
2022	$2,516 -0.8%	$64,500
2021	$2,537 +15.8%	$64,500
2020	$2,191 +12.8%	$64,500 +17.3%
2019	$1,943	$55,000
2018	$1,943 -37.1%	$55,000
2017	$3,088 +12.8%	$55,000 -31.3%
2016	$2,738 +2.2%	$80,000
2015	$2,678 -32.2%	$80,000
2014	$3,953 +30.6%	$80,000 -48.6%
2012	$3,028 +7.6%	$155,500
2011	$2,813 +5.6%	$155,500
2010	$2,664 +2.8%	$155,500
2009	$2,591 +128%	$155,500
2008	$1,136 +0.8%	$155,500 +409.8%
2007	$1,127	$30,500
2006	--	$30,500
2005	--	$30,500
2004	--	$30,500
2003	--	$30,500
2002	--	$30,500
2001	--	$30,500