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522 DREXEL AVENUE, ATLANTIC CITY, NJ
Attention Investors, and all Buyers -3 bedrooms, 1 full bath and a nice size back yard. 5 year old Roof, Furnace, Electrical and Plumbing -completely renovated in 2021. Excellent tenant would like to stay. He currently pays $1800 per month on a timely basis. This property is located in Bungalow park in Atlantic City. Please call the agent for all showings. Property is being sold "as is". Seller will obtain CO.
Property Type
Condo
Style
Traditional
Year Built
1925
Lot Size
1,307 sqft
Price / Sqft
$161
Days on Market
6 days
Full Baths
1
Subdivision
ATLANTIC CITY
HOA
None
MLS #
804727916848
Listing Type
Residential
Market
BRIGHT
522 DREXEL AVENUE, ATLANTIC CITY, NJ 08401 — ATLANTIC County
Lorraine Speciale
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How this home compares across city, state, and national benchmarks
Listed at $185,000, this 3-bed condo in ATLANTIC CITY is 2% below the Census median home value of $189,600 for ATLANTIC CITY. Compared to 3 other 3-bed homes in ATLANTIC CITY (averaging $263,333), this property is 30% below average. New Jersey's median home value is $491,179, putting this listing 62% below the state benchmark. The U.S. national median home value is $334,900.
Where this listing falls among 8 homes for sale
Above Average
ATLANTIC CITY has a population of 38,486 with a median household income of $36,220 and a homeownership rate of 30.1%. The median home value is $189,600 and the median rent is $1,084/mo.
Sources: U.S. Census Bureau ACS 2023, Fizbo listing data