$3,206 Closing Credit¹
Listing Office: LEVIN COMMERCIAL REAL ESTATE, LLC
$3,205
closing credit¹
1521 N Michigan Ave Atlantic City, NJ 08401
$269,900 List price
$3,205
Closing credit¹
3 beds
1 full, 1 partial
House
Property details
About 1521 N Michigan Ave
Welcome home, experience Atlantic City, and all it has to offer in this spacious, well appointed, 3-bedroom, 1.5 bath home, located in the desirable Venice Park neighborhood. Known for its iconic boardwalk, vibrant casinos, and lively entertainment scene, Atlantic City also offers beautiful beaches, rich history, and a thriving community spirit. This recently updated, turnkey property is suitable for many types of usage. Offering a great neighborhood vibe for the single family homeowner,turnkey opportunity for investors looking to expand their portfolio, or seeking a potentially profitable rental opportunity. Enjoy relaxing on the front porch, or sipping coffee on the back deck. Upon entering, you will feel at home. Accent walls, a great layout, beautiful flooring, and a layout perfect for entertaining, add to the inviting feeling this home offers. For Airbnb investors: With an approximate average of $200 per night rate and average high occupancy rates in the area, this home offers lucrative potential, boasting cap rates between 11.85% and 15.41% or higher. For long-term rental owners: Enjoy stable income with average rents of $2,800 to $3,100 per month and a cap rate of approximately 11.34%. Perfect for families or first-time buyers, this freshly remodeled property combines comfort and convenience. Additionally, there are approximately $50,000 in grants available from the city or state, making this a fantastic opportunity. Don’t miss out on this exceptional home in the heart of Atlantic City!
Highlights
Home typeSingle Family Residence
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
ParkingThree or More Cars
MLS #591387
Summary
- MLS Number: 591387
- Office Name: RE/MAX COMMUNITY - Williamstown
- Office Phone: (856) 318-2313
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: 1/29/2025, 3:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$269,900
1521 N Michigan Ave
$3,205
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 20, 2022 | Home Sold | $239,000 |
| Oct 25, 2022 | Home Sold | $239,000 |
| May 05, 2022 | Home Sold | $180,000 |
| May 15, 2003 | Home Sold | $77,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $141,800 | $5,055 |
| 2022 | $141,800 | $2,204 |
| 2021 | $56,500 | $2,204 |
| 2020 | $56,500 | $2,222 |
| 2019 | $61,100 | $2,434 |
History based on county public records data.
Nearby schools
3
Brighton Avenue School
Public District PK-5
1.3 mi
•30 N Brighton Ave
8
Ventnor Elementary School
Public District PK-4
3.5 mi
•400 N Lafayette Ave
5
North Main Street Elementary School
Public District PK-5
4.1 mi
•215 N Main St
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. Typical income of Atlantic City, NJ residents is between $35k-100k annually. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
16%
<35k
55%
35k-100k
28%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
51%
Single, No Kids
22%
Single, with Kids
18%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
41%
35-64 yrs old
16%
65+ yrs old
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
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1521 N Michigan Ave
This home is located at 1521 N Michigan Ave in Atlantic City, NJ and zip code 08401 in the Venice Park neighborhood. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 10, 2024 and is currently priced at $269,900.
In December 2024 more than 5 listings in Atlantic City, NJ were sold above the asking price. During the same period more than 13 listings were sold at asking price, while more than 22 were sold below. The inventory of homes for sale in Atlantic City, NJ between November and December 2024 increased by 1.9%. The median list price of listings available in December 2024 was $236,800, while the average time on the real estate market was 95 days.
From Rocket Homes Real Estate and based on county public records data.