1406 Madison Ave Atlantic City, NJ 08401
Property details
About 1406 Madison Ave
Investors take note of this opportunity in Venice Park, Atlantic City! This legal duplex represents a fantastic investment option for rental income, whether through Airbnb or annual rental agreements. Unit 2, located upstairs, features two bedrooms on the main floor and either one bedroom or a loft on the third floor. Both the kitchen and bathroom have been renovated, and the house is undergoing additional renovations. There is a new front porch, a deck at the back of the house, and a new terrace/porch on the third floor. Additionally, the HVAC system is just one year old, and there are newer kitchen appliances. Ground-level Unit 1 is framed for a two-bedroom apartment, which includes a kitchen and one bathroom. Renovations are needed throughout this unit. The buyer is responsible for all certifications, inspections, and the Certificate of Occupancy. This property is easy to show, with a lockbox on the front door of Unit 2. Please call showing time to schedule a viewing.
Highlights
Summary
- Appliances: Gas Oven, Microwave, Refrigerator
- Attached Garage: No
- Parking: Off Site Parking
- Waterfront: See Remarks
- View: See Remarks
- Exterior: Curbs, Deck, Porch, Sidewalks
- Heating: Forced Air, Natural Gas
- Cooling: Central Air, Electric
- List Price: $249,900
- Price/SqFt: $103
- Annual Tax Amount: $4,456
- Tax Year: 2024
- Lot: Curbs, Sidewalk
- Directions: 1406 Madison Ave, Atlantic City, NJ 08401
- Living Area: 2,418 SqFt
- MLS Number: 592163
- Office Name: BHHS FOX and ROACH-Northfield
- Office Phone: (609) 646-1900
- Office Email: Jessie.Cipa@foxroach.com
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2025 SJSR MLS. All rights reserved.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/10/2025, 8:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$249,900
1406 Madison Ave
$2,968
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 12, 2022 | Home Sold | $95,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $125,000 | $4,456 |
| 2022 | $125,000 | $4,876 |
| 2021 | $125,000 | $4,876 |
| 2020 | $125,000 | $4,917 |
| 2019 | $85,000 | $3,386 |
History based on county public records data.
Nearby schools
3
Brighton Avenue School
Public District PK-5
1.2 mi
•30 N Brighton Ave
8
Ventnor Elementary School
Public District PK-4
3.5 mi
•400 N Lafayette Ave
9
William H. Ross III Elementary School
Public District PK-4
4.2 mi
•101 N Haverford Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $79,098. The most common annual income of people living in Atlantic City, NJ is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Horse Races
Continuing Education Courses
College Basketball
Where do the neighbors shop?
Stein Mart
Express/Express For Men
Dillards
Where do the neighbors go to eat?
LongHorn Steakhouse
Qdoba
Logan's Roadhouse
What do the neighbors drive?
Buick
Volkswagen
Hyundai
What do the neighbors listen to?
Contemporary Inspirational
Urban Contemporary
Rock
Frequently asked questions
About 1406 Madison Ave
The listing price of 1406 Madison Ave property is $249,900.
The property 1406 Madison Ave is a multi located in Atlantic City, New Jersey, 08401.
Active Listing: 1406 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1406 Madison Ave are: Brighton Avenue School (GreatSchools Rating 3/10), Ventnor Elementary School (GreatSchools Rating 8/10), William H. Ross III Elementary School (GreatSchools Rating 9/10), Dr. Martin Luther King Jr. School Complex (GreatSchools Rating 3/10), New York Avenue School (GreatSchools Rating 1/10), Texas Avenue School (GreatSchools Rating 2/10), Atlantic City High School (GreatSchools Rating 2/10), Pleasantville High School (GreatSchools Rating 2/10), Mainland Regional High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $4,456 (source: MLS/based on county public records data).
The last sale was on December 12, 2022 for $95,000 (source: MLS/tax record).
The property 1406 Madison Ave is 2,418 SqFt (source: MLS/tax record).
This home is located at 1406 Madison Ave in Atlantic City, NJ and zip code 08401 in the Venice Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since January 16, 2025 and is currently priced at $249,900.
Over 3 listings were sold over their listed price in May 2025 in Atlantic City, NJ. In the same period over 15 listings were sold below the listed price and 5 listings were sold for the listed price. Between April and May 2025, Atlantic City, NJ real estate market has seen increase in the number of listings by 9.8%. Listings spent 95 days on the market in May 2025, and had a median list price of $246,000 during the same period.