#596546, Listing office: MONIHAN REALTY-A
Property details
About 40 N Boston Ave
Fantastic investment opportunity! This fully occupied property features four spacious 2-bedroom apartments, each with separate utilities and tenants on annual leases—ideal for steady, long-term income. Conveniently located near public transportation, shopping centers, casinos, and some of the area’s best fine dining, this property also offers the added bonus of being within walking distance to the beach and iconic Atlantic City boardwalk. Whether you're expanding your portfolio or looking to begin your real estate investment journey, this income-producing property is a smart and strategic choice. Call today for more details!
Highlights
Home typeMulti Family
HeatingNatural Gas, Radiant
StatusActive
ParkingThree or More Cars
MLS #597717
WaterfrontSee Remarks
ViewSee Remarks
Summary
- Appliances: Gas Oven, Refrigerator, Self Cleaning Oven
- Attached Garage: No
- Parking: Three or More Cars
- Waterfront: See Remarks
- View: See Remarks
- Exterior: Curbs, Porch, Sidewalks
- Heating: Natural Gas, Radiant
- List Price: $549,000
- Annual Tax Amount: $7,465
- Tax Year: 2024
- Lot: Curbs, Sidewalk
- Directions: /
- MLS Number: 597717
- Office Name: BHHS FOX and ROACH-Margate
- Office Phone: (609) 822-4200
- Office Email: Margaret.Nulty@foxroach.com
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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: 7/13/2025, 5:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 22, 2008 | Home Sold | $290,000 |
| Dec 14, 2000 | Home Sold | $160,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $209,400 | $7,465 |
| 2022 | $209,400 | $8,168 |
| 2021 | $209,400 | $8,168 |
| 2020 | $209,400 | $8,237 |
| 2019 | $220,000 | $8,764 |
History based on county public records data.
Nearby schools
3
Brighton Avenue School
Public District PK-5
0.3 mi
•30 N Brighton Ave
8
Ventnor Elementary School
Public District PK-4
2.5 mi
•400 N Lafayette Ave
9
William H. Ross III Elementary School
Public District PK-4
3.1 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 $43,839. Typical income of Atlantic City, NJ residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
40%
<35k
44%
35k-100k
13%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
42%
Single, No Kids
23%
Single, with Kids
13%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
20%
<11 yrs old
8%
12-17 yrs old
32%
18-34 yrs old
36%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Figure Skating
Basketball
Where do the neighbors shop?
Burlington
Chico's
Ross Dress For Less
Where do the neighbors go to eat?
Popeyes
Bob Evans
Jasons Deli
What do the neighbors drive?
Dodge
Oldsmobile
Acura
What do the neighbors listen to?
Urban Contemporary
News
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 40 N Boston Ave
The listing price of 40 N Boston Ave property is $549,000.
The property 40 N Boston Ave is a multi located in Atlantic City, New Jersey, 08401.
Active Listing: 40 N Boston Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 40 N Boston 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), Sovereign Avenue School (GreatSchools Rating 4/10), Richmond Avenue School (GreatSchools Rating 6/10), 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 $7,465 (source: MLS/based on county public records data).
The last sale was on December 22, 2008 for $290,000 (source: MLS/tax record).
This home is located at 40 N Boston Ave in Atlantic City, NJ and zip code 08401 in the Chelsea neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $549,000.
In June 2025, from all listings sold in Atlantic City, NJ there were more than 0 sold above asking price, over 20 sold below and more than 3 were sold right at the asked price. Between May and June 2025, Atlantic City, NJ real estate market has seen increase in the number of listings by 4.3%. The median list price of listings available in June 2025 was $240,000, while the average time on the real estate market was 83 days.
From Rocket Homes Real Estate and based on county public records data.