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Sold for $350,000
  • $350,000

    709 Adriatic Ave, Atlantic City, NJ 08401

    10beds
    --baths
    --sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $397,800 Zestimate®
    $--/sqft
    $2,255 Estimated rent

    Home value

    $397,800

    $322,000 - $485,000

    $2,255/mo

    Zestimate® history
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    What's special

    INVESTOR ALERT - Bungalow Park Quadplex for sale. Two 3 bdrm units, and two 2bdrm units. One of the three bedroom units on the second floor is occupied, the other three are currently vacant. Get it fully rented and it should be producing about a 15% Cap Rate!! Income and Expenses are available to qualified buyers. Purchase now for about 7 Bitcoins! LOW Taxes & No HOA fees, close to the Beach, Boardwalk, & Gardners Basin! Up to $30,000 in first time home buyers grant money may be available to qualified buyers if they plan to live in one of the units, & make this purchase with little to no money down! Street parking only, Located just a few blocks to the beach & boardwalk with life guards and comfort stations. Walking distance to Historic Gardners Basin where you can enjoy breakfast at Gilchrist & sunsets at Back Bay Ale house, or spend the day at the AC Aquarium. Close to the Absecon Lighthouse, Little Water Distillery, Sports Fields, The Borgata, Harrahs, Golden Nugget, Farley Marina, Hard Rock, Steel Pier, Resorts, Margaritaville, Ocean Resort, Showboat and the new Indoor Water Park! No rental restrictions.

    Zillow last checked:

    Listing updated:

    Listed by:

    GERARD (Jerry) BARKER 609-481-7745,

    WEICHERT REALTORS ASBURY GROUP-AC

    Bought with:

    Silvette Rivera, 0448245

    Source: SJSRMLS,MLS#: 582672MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    Heating
    • Electric, Natural Gas
    Appliances
    • Included: Electric Stove, Gas Stove, Refrigerator, Self Cleaning Oven
    Features
    • Has basement: No
    • Has fireplace: No

    Property

    Parking
    • Total spaces: 3
    • Parking features: None
    Features
    • Waterfront features: Boardwalk Area
    Lot
    • Size: 2,332 Square Feet
    • Dimensions: 22 x 106
    Details
    • Parcel number: 9

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Atlantic City

    Financial & listing details

    • Tax assessed value: $200,800
    • Annual tax amount: $3,226
    • Date on market: 2/28/2024
    • Date available: 02/28/2024
    • Road surface type: Sidewalks

    Price history

    DateEventPrice
    8/30/2024Sold$350,000+4.5%
    Source: SJSRMLS #582672 Report a problem
    6/6/2023Sold$335,000+58.8%
    Source: Public Record Report a problem
    7/8/2022Sold$211,000-43.7%
    Source: Public Record Report a problem
    4/6/2006Sold$375,000+56.3%
    Source: Public Record Report a problem
    9/18/2003Sold$240,000+41.2%
    Source: Public Record Report a problem
    6/11/2001Sold$170,000+277.8%
    Source: Public Record Report a problem
    6/8/1998Sold$45,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,932 +121.9%$200,800 +121.9%
    2024$3,124 -3.2%$90,500
    2023$3,226 -8.6%$90,500
    2022$3,530 -0.8%$90,500
    2021$3,560 -10.6%$90,500
    2020$3,984 +12.8%$90,500 -9.5%
    2019$3,533 $100,000
    2018$3,533 -23.7%$100,000 -16.7%
    2017$4,632 +12.8%$120,000
    2016$4,106 +2.2%$120,000
    2015$4,018 -29.4%$120,000
    2014$5,692 +30.6%$120,000 -46.4%
    2012$4,359 +7.6%$223,900
    2011$4,050 -2.3%$223,900
    2010$4,147 +2.8%$223,900 -7.5%
    2009$4,033 +131.8%$242,100
    2008$1,740 +0.8%$242,100 +418.4%
    2007$1,726 $46,700
    2006-- $46,700
    2005-- $46,700
    2004-- $46,700
    2003-- $46,700
    2002-- $46,700
    2001-- $46,700
    Find assessor info on the county website

    Neighborhood: 08401

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $397,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $397,800