7 days on Rocket
$7,113 Closing Credit¹
#596882, Listing office: eXp Realty-Northfield
$565,000 List price
205 S Vermont Ave Atlantic City, NJ 08401
$6,709
Closing credit¹
2,312 sqft
$244 / sqft
Multi-Family
Property details
About 205 S Vermont Ave
**Listing Attention:** This property presents a unique opportunity to own a beautiful duplex in a prime beach block location. You can either develop a trophy property with stunning panoramic waterfront views or retain the existing structure and upgrade it for substantial income through Airbnb rentals. This property is legally zoned as a duplex, allowing for extra income generation. You can occupy one unit while renting out the other or capitalize on the booming Airbnb market. Positioned just a short walk from the renowned Atlantic City beach, this home is an ideal rental property for both vacationers and long-term tenants. The property features six generously sized bedrooms and two bathrooms in the upper unit, currently rented for $1,500 per month, which is well below current market value, and a two-bedroom, one-bathroom unit on the ground level, rented for $1,100 per month, providing ample space for family, friends, and guests. The LH-2 Zoning District permits multi-family, low-rise, and mid-rise residential buildings, along with opportunities for restaurants, bars, non-casino hotels, townhouses, and other uses. This is truly a rare opportunity that may not come around again.
Highlights
Home typeDuplex
HeatingBaseboard, Natural Gas
StatusActive
CoolingWindow Unit(s)
Size2,312 sqft
BasementYes
ParkingOff Site Parking
MLS #596817
Summary
- Appliances: Gas Oven, Refrigerator
- Basement: Yes
- Attached Garage: No
- Parking: Off Site Parking
- Exterior: Curbs, Deck, Porch, Sidewalks
- Heating: Baseboard, Natural Gas
- Cooling: Window Unit(s)
- List Price: $565,000
- Price/SqFt: $244
- Annual Tax Amount: $6,096
- Tax Year: 2024
- Lot: Curbs, Sidewalk
- Directions: North on Pacific Ave, make a right on Seaside. The property is conveniently located n the Boardwalk.
- Living Area: 2,312 SqFt
- MLS Number: 596817
- 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, 7:45:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$565,000
205 S Vermont Ave
$6,709
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $171,000 | $6,096 |
| 2022 | $171,000 | $6,670 |
| 2021 | $171,000 | $6,670 |
| 2020 | $206,100 | $8,107 |
| 2019 | $70,000 | $2,788 |
History based on county public records data.
Nearby schools
3
Brighton Avenue School
Public District PK-5
2.0 mi
•30 N Brighton Ave
8
Ventnor Elementary School
Public District PK-4
4.8 mi
•400 N Lafayette Ave
9
William H. Ross III Elementary School
Public District PK-4
5.3 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 $32,759. Typical income of Atlantic City, NJ residents is less than $<35k annually. Most 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?
53%
<35k
37%
35k-100k
4%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
64%
Single, No Kids
18%
Single, with Kids
11%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Figure Skating- UFC
Where do the neighbors shop?
Burlington
Family Dollar
Chico's
Where do the neighbors go to eat?
Popeyes
Church's Chicken
Burger King
What do the neighbors drive?
Dodge
Cadillac
Buick
What do the neighbors listen to?
Urban Contemporary
Jazz
News
All data provided by Home Junction and Claritas
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Frequently asked questions
About 205 S Vermont Ave
The listing price of 205 S Vermont Ave property is $565,000.
The property 205 S Vermont Ave is a multi located in Atlantic City, New Jersey, 08401.
Active Listing: 205 S Vermont Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 205 S Vermont 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), Pennsylvania Avenue School (GreatSchools Rating 3/10), Uptown School Complex (GreatSchools Rating 3/10), New York Avenue School (GreatSchools Rating 1/10), 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 $6,096 (source: MLS/based on county public records data).
The property 205 S Vermont Ave is 2,312 SqFt (source: MLS/tax record).
This home is located at 205 S Vermont Ave in Atlantic City, NJ and zip code 08401 in the South Inlet neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 31, 2025 and is currently priced at $565,000.
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. The inventory of homes for sale in Atlantic City, NJ between April and May 2025 increased by 9.8%. In May 2025 median list price was $246,000 and the average listing age was 95 days.
From Rocket Homes Real Estate and based on county public records data.