Nicely renovated duplex near the Bay between Gardners Basin and Snug Harbour. Each unit has 3 bedrooms! Large concrete parking pad drive way along the right side of the property leading to a 2 car detached garage. Fenced in Yard, brick contruction, facade was redone in stone and vynil for a more updated look. Upstairs and downstairs units are identical. Seperate gas and electric meters, brick work in great shape, repointed where needed, newer windows, roofing, furnaces, water heaters, and concrete work, the property is in all around great shape and should need no work at the moment. Income and Expenses available upon request.
Sold for $232,000
$232,000
514 Magellan Ave, Atlantic City, NJ 08401
--beds
0baths
2,321sqft
MultiFamily
Built in 1900
-- sqft lot
$372,200 Zestimate®
$100/sqft
$2,162 Estimated rent
Home value
$372,200
$316,000 - $435,000
$2,162/mo
Zestimate® history
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Gas
Appliances
- Included: Refrigerator
Interior area
- Total interior livable area: 2,321 sqft
Property
Parking
- Total spaces: 3
- Parking features: Garage - Detached
Features
- Patio & porch: Patio
- Exterior features: Stone, Vinyl, Brick
- Fencing: Fenced Yard
- Waterfront features: Boardwalk Area
Lot
- Size: 2,648 Square Feet
Details
- Parcel number: 0200558000000002
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Tile
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Location
- Region: Atlantic City
Financial & listing details
- Price per square foot: $100/sqft
- Tax assessed value: $207,000
- Annual tax amount: $7,146
- Road surface type: Sidewalks
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2024 | Sold | $232,000+16.6%$100/sqft |
Source: Public Record Report a problem | ||
| 10/2/2020 | Listing removed | $198,900$86/sqft |
Source: Atlantic City - WEICHERT, REALTORS - The Asbury Group #520170 Report a problem | ||
| 2/24/2020 | Price change | $198,900-0.5%$86/sqft |
Source: Atlantic City - WEICHERT, REALTORS - The Asbury Group #520170 Report a problem | ||
| 1/17/2020 | Price change | $199,900-4.8%$86/sqft |
Source: Atlantic City - WEICHERT, REALTORS - The Asbury Group #520170 Report a problem | ||
| 6/17/2019 | Price change | $209,900-12.5%$90/sqft |
Source: Atlantic City - WEICHERT, REALTORS - The Asbury Group #520170 Report a problem | ||
| 9/18/2018 | Listed for sale | $239,900+399.8%$103/sqft |
Source: WEICHERT REALTORS ASBURY GROUP-AC #511376 Report a problem | ||
| 10/19/2017 | Sold | $48,000-9.3%$21/sqft |
Source:  SJSRMLS #483909 Report a problem | ||
| 9/1/2017 | Price change | $52,900-11.7%$23/sqft |
Source: EXECUTIVE REALTORS #483909 Report a problem | ||
| 3/13/2017 | Listed for sale | $59,900+31.6%$26/sqft |
Source: EXECUTIVE REALTORS #483909 Report a problem | ||
| 12/15/2016 | Sold | $45,500-17.3%$20/sqft |
Source: SJSRMLS #463980 Report a problem | ||
| 7/1/2016 | Listing removed | $55,000$24/sqft |
Source: RE/MAX Atlantic Northfield #463980 Report a problem | ||
| 6/16/2016 | Price change | $55,000-19.1%$24/sqft |
Source: RE/MAX Atlantic Northfield #463980 Report a problem | ||
| 3/6/2016 | Listed for sale | $68,000$29/sqft |
Source: RE/MAX ATLANTIC 423A #463980 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,146 +98.8% | $207,000 +98.8% |
| 2024 | $3,594 -3.2% | $104,100 |
| 2023 | $3,711 -8.6% | $104,100 |
| 2022 | $4,061 -0.8% | $104,100 |
| 2021 | $4,095 +16.8% | $104,100 |
| 2020 | $3,506 -10.7% | $104,100 +18.3% |
| 2019 | $3,928 | $88,000 -41.3% |
| 2018 | $3,928 -45% | $150,000 |
| 2017 | $7,141 +12.8% | $150,000 -18.9% |
| 2016 | $6,331 -27.6% | $185,000 |
| 2015 | $8,748 +31.7% | $185,000 -29.2% |
| 2014 | $6,642 +30.6% | $261,300 |
| 2012 | $5,088 +7.6% | $261,300 |
| 2011 | $4,727 +5.6% | $261,300 |
| 2010 | $4,476 +2.8% | $261,300 |
| 2009 | $4,353 +92.8% | $261,300 |
| 2008 | $2,258 +0.8% | $261,300 +331.2% |
| 2007 | $2,240 | $60,600 |
| 2006 | -- | $60,600 |
| 2005 | -- | $60,600 |
| 2004 | -- | $60,600 |
| 2003 | -- | $60,600 |
| 2002 | -- | $60,600 |
| 2001 | -- | $60,600 |
Find assessor info on the county website
Neighborhood: 08401
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Nearby schools
GreatSchools rating
- 4/10Uptown School Complex Elementary SchoolGrades: PK-8Distance: 0.3 mi
- 1/10Atlantic City High SchoolGrades: 9-12Distance: 2.9 mi
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Estimated market value
$372,200
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Estimated market value
$372,200
- New Jersey
- Atlantic County
- Atlantic City
- 08401
- 514 Magellan Ave
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