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Atlantic City 08401 Uptown Atlantic City
335-347 N Massachusetts & 501 Adriatic Ave
$1,199,000
↓ $100K (7.7%)
Land - For Sale
bedrooms
Studio
bathrooms
0 Bath
$7,150
Estimated Monthly
-0.43%
Cap Rate

About This Property

GREAT INVESTMENT OPPORTUNITY FOR SALE. 5 Cleared, Unique Bayfront Lots Located in Gardner's Basin Section of Atlantic City's Marina District. Just minutes away from Gardner's Basin Restaurants & Shops, Minutes to Atlantic City's Famous Boardwalk, Casino's & Beachfront Attractions. Bulkhead replaced approx. 12 years ago. 5 Lots being Sold as a Package Deal Altogether. Previously approved plans to build 5-four bedroom, 3.5 bath townhomes. You can obtain Cafra Approvals for Docks & Boatslips. Call Listing Agents for more details.
Unit Size
-
Days on Market
368 days
Land Size
-
Price per sqft
-
Property Type
Land
Property Taxes
$1,262
HOA Dues
-
Year Built
1900

Listed By

Lynn Reganato
BHHS Fox & Roach Brigantine
Last updated: 17 days ago (SJSRMLSNJ #574953)

Price History

Date / Event Date Event Price
May 31, 2024 Price Decreased $1,199,000
↓ $100K (7.7%)
Price Decreased
Jun 14, 2023 Listed by Berkshire Hathaway HomeServices Fox & Roach, Realtors $1,299,000
Listed by Berkshire Hathaway HomeServices Fox & Roach, Realtors
GREAT INVESTMENT OPPORTUNITY FOR SALE. 5 Cleared, Unique Bayfront Lots Located in Gardner's Basin Section of Atlantic City's Marina District. Just minutes away from Gardner's Basin Restaurants & Shops, Minutes to Atlantic City's Famous Boardwalk, Casino's & Beachfront Attractions. Bulkhead replaced approx. 12 years ago. 5 Lots being Sold as a Package Deal Altogether. Previously approved plans to build 5-four bedroom, 3.5 bath townhomes. You can obtain Cafra Approvals for Docks…

Property Highlights

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,001
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 300
  • Total Building Area: 1,812
  • Building Area: 1,812
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,812
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.069

Ownership

  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlantic City School District
  • Census Tract: 001400

Zoning

  • Zoning: R-1

Geography

  • Assessors Map Reference: TAX MAP 89
  • District: 02
  • Parcel: 02 00559-0000-00018
  • Block: 559
  • Lot: 18
  • Municipality: ATLANTIC CITY
  • Latitude: 39.3731
  • Longitude: -74.4225

    Address

  • Full Address: 501 N Connecticut Ave
  • Address - House Number: 501
  • Street Direction: N
  • Address - Street Name: Connecticut
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Atlantic City
  • Carrier Code: C003
  • 4-Digit Zip Code: 2713
  • Zip Code: 08401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,997

    Appraisal Valuation

  • Standard Deviation: 0.2613
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 62
  • Final Value: 310,272
  • High Value: 391,367
  • Low Value: 229,176

    Market Valuation

  • Market Total Value: $132,300
  • Market Land Value: $32,000
  • Market Improvement Value: $100,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $132,300
  • Assessed Land Value: $32,000
  • Assessed Improvements Value: $100,300

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Uptown Atlantic City


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Frequently Asked Questions

When was property at 501 North Massachusetts Avenue built and last sold?
The property at 501 North Massachusetts Avenue was built in 1900 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 501 North Massachusetts Avenue is $1,311,990.
What are some comparable homes to 501 North Massachusetts Avenue?
There are currently no comparable homes to 501 North Massachusetts Avenue.

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