Check Availability
$141,500
↓ $4K (2.4%)
House - For Sale

808 N Michigan Ave

Atlantic City, NJ 08401
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1054 Sqft
$839
Estimated Monthly
14.95%
Cap Rate

About This Property

Welcome to 808 North Michigan Avenue! This charming townhouse is now available for sale, offering a fantastic opportunity for both first-time investors and those looking to expand their portfolio.   Featuring 2 bedrooms and 1 bathroom, this well-maintained property provides a comfortable living space. The interior boasts spacious bedrooms and a modern bathroom. With washer and dryer hookups, residents will have the convenience of doing laundry within the comfort of their own home.  Conveniently located, this home is surrounded by various amenities that make it highly attractive to potential tenants. Just a stone's throw away from Tangler outlets, bar and restaurants, delis, and convenient stores, residents will have easy access to everything they need. Public transportation options are also conveniently close by, making commuting a breeze.  One parking space is included with this property, ensuring residents have a secure place for their vehicle. Additionally, the low taxes, recently reduced to under 2K, contribute to the overall affordability of this investment.  Currently rented for $15,600 annually, this property offers a steady income stream for investors. Whether you're looking to add to your real estate portfolio or seeking a new investment opportunity, 808 North Michigan Avenue is worth considering.  Don't miss out on this chance to own a charming townhouse in a convenient location. Contact us today to schedule a viewing and discover the potential this property holds! The Unit is Tenant occupied. No showings till further notice"

The manager has listed the unit size as 1054 square feet.
Unit Size
1,054Ft²
Days on Market
261 days
Land Size
-
Price per sqft
$134
Property Type
House
Property Taxes
$144
HOA Dues
-
Year Built
1920

Listed By

Silvette Rivera
WEICHERT REALTORS ASBURY GROUP-AC
Last updated: 4 months ago (SJSRMLSNJ #578505)

Price History

Date / Event Date Event Price
Mar 1, 2024 Price Decreased $141,500
↓ $4K (2.4%)
Price Decreased
Dec 19, 2023 Price Decreased $145,000
↓ $5K (3.3%)
Price Decreased
Oct 3, 2023 Listed by WEICHERT REALTORS ASBURY GROUP-AC $150,000
Listed by WEICHERT REALTORS ASBURY GROUP-AC
Jan 26, 2021 Sold to Traders Real Estate Llc 808 $43,000
Sold to Traders Real Estate Llc 808
Oct 18, 2013 Sold to Louis Woody $33,000
Sold to Louis Woody

Property Highlights

Interior Details

Basement Information

Basement
Exterior Details

Exterior Information

Vinyl Siding

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,106
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 123
  • Total Building Area: 1,054
  • Building Area: 1,054
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,054
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Land Acres: 0.025

Ownership

  • Current Owner : 808 TRADERS REAL ESTATE LLC
  • Previous Owner : WOODY LOUIS
  • Owner Before Previous Owner: STEWART LINDA
  • Owner Before Previous Owner 2: HOLLIE LINDA
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Atlantic City School District
  • Census Tract: 001200

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: TAX MAP 102
  • District: 02
  • Parcel: 02 00641-0000-00010
  • Block: 641
  • Lot: 10
  • Municipality: ATLANTIC CITY
  • Latitude: 39.3672
  • Longitude: -74.4414

    Address

  • Full Address: 808 N Michigan Ave
  • Address - House Number: 808
  • Street Direction: N
  • Address - Street Name: Michigan
  • Address - Suffix Type: Ave
  • State: NJ
  • City Name: Atlantic City
  • Carrier Code: C041
  • 4-Digit Zip Code: 3035
  • Zip Code: 08401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,832

    Appraisal Valuation

  • Standard Deviation: 0.121
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 86
  • Final Value: 132,341
  • High Value: 148,362
  • Low Value: 116,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $97,500
  • First Open Lien Mortgage Lender: REAL ESTATE MORTGAGE NETWORK I
  • First Open Lien Mortgage Recording Date: Jun 08, 2007
  • First Open Lien Mortgage Loan Amount: $97,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2037

    Market Valuation

  • Market Total Value: $48,500
  • Market Land Value: $19,300
  • Market Improvement Value: $29,200

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,500
  • Assessed Land Value: $19,300
  • Assessed Improvements Value: $29,200

    Sales

  • Current Sale Contract Date: Dec 22, 2020
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Transaction ID: 11816935791
  • Current Sale Price: $43,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2021004976
  • Previous Sale Recording Date: Oct 18, 2013
  • Previous Sale Contract Date: Oct 11, 2013
  • Previous Sale Amount: $33,000
  • Previous Sale Document Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
2 Beds
1 Bath
1,112 ft²
$130/ft²
$144,900 Jun 7, 2021
$144,900 Nov 30, 2021
-
House
3 Beds
3 Baths
1,021 ft²
$157/ft²
$160,000 Aug 5, 2022
$160,000 Sep 29, 2022
-
House
3 Beds
1 Bath
1,036 ft²
$125/ft²
$130,000 May 22, 2018
$130,000 Jul 23, 2018
-
House
3 Beds
1 Bath
1,044 ft²
$120/ft²
$125,000 Oct 31, 2022
$125,000 Mar 17, 2023
-
House
3 Beds
2 Baths
1,620 ft²
$71/ft²
$115,000 Sep 30, 2021
$115,000 Jan 12, 2022
-
House
3 Beds
2 Baths
1,620 ft²
$71/ft²
$115,000 Sep 30, 2021
$115,000 Jan 12, 2022
-
House
2 Beds
1.5 Baths
-
$144,900 Aug 31, 2023
-
$220/mo
House
3 Beds
2 Baths
1,618 ft²
$86/ft²
$139,000 Jan 26, 2023
-
-
Multifamily
1 Bed
2 Baths
1,408 ft²
$106/ft²
$149,900 May 20, 2023
-
$315/mo
Townhouse
3 Beds
1 Bath
922 ft²
$152/ft²
$139,900 May 3, 2023
-
$153/mo
House
3 Beds
1 Bath
-
$139,000 Sep 20, 2023
-
$139/mo
House
4 Beds
2 Baths
2,304 ft²
$65/ft²
$149,900 Oct 5, 2023
-
$335/mo

About Monroe Park


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Frequently Asked Questions

When was property at 808 North Michigan Avenue built and last sold?
The property at 808 North Michigan Avenue was built in 1920 and last sold on Dec 22, 2020 for $43,000.
How much is this home worth?
The estimated value of the home located at 808 North Michigan Avenue is $146,270.
What are some comparable homes to 808 North Michigan Avenue?
Homes that are comparable to 808 North Michigan Avenue include a house property at 448 North Ocean Avenue, a multifamily property at 607 North Arkansas Avenue, a townhouse property at 345 North Ocean Avenue.

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