#593975, Listing office: KELLER WILLIAMS REALTY JERSEY SHORE-Atlantic City
Property details
About 719 Drexel Ave
Don’t miss this rare chance to own a cash-flowing duplex on a quiet residential street in Atlantic City. The upstairs unit has been fully renovated and is move-in ready—perfect for top-market rental potential. (Photos reflect the updated 2nd floor.) Stable income: First-floor unit is occupied by a long-term tenant of 7+ years, currently paying $1,450/month. Pro-forma rent for the newly renovated upper unit is $1,700/month, offering strong rental upside. Projected gross annual income: $37,800 Low insurance cost: Just $2,650 annually Property sold As-Is, offering immediate returns with minimal upfront effort. Serious buyers only will be granted access to the 1st floor to respect the current tenant's privacy. The upstairs unit is easy to show—schedule your walk-through today and explore the potential of this high-yield investment.
Highlights
Summary
- Attached Garage: No
- Parking: None
- Heating: Natural Gas
- List Price: $329,000
- Price/SqFt: $207
- Annual Tax Amount: $2,192
- Tax Year: 2024
- Directions: This property is between N. Delaware Ave. and S. New Jersey Avenue, one block East of Adrianic Avenu
- Living Area: 1,588 SqFt
- MLS Number: 598528
- Office Name: eXp Realty - Montclair
- Office Phone: (866) 201-6210
- Office Email: NJ.Broker@eXpRealty.net
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Last updated on: 7/23/2025, 11:45:31 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 |
---|---|---|
Apr 25, 2011 | Home Sold | $55,000 |
Aug 05, 2002 | Home Sold | $58,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $61,500 | $2,192 |
2022 | $61,500 | $2,385 |
2021 | $61,500 | $2,385 |
2020 | $61,500 | $2,419 |
2019 | $55,000 | $2,191 |
History based on county public records data.
Nearby schools
3
Brighton Avenue School
Public District PK-5
1.7 mi
•30 N Brighton Ave
8
Ventnor Elementary School
Public District PK-4
4.4 mi
•400 N Lafayette Ave
9
William H. Ross III Elementary School
Public District PK-4
5.0 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 $18,875. Residents of Atlantic City, NJ typically earn less than $<35k each year. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 719 Drexel Ave
The listing price of 719 Drexel Ave property is $329,000.
The property 719 Drexel Ave is a multi located in Atlantic City, New Jersey, 08401.
Active Listing: 719 Drexel Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 719 Drexel 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 $2,192 (source: MLS/based on county public records data).
The last sale was on April 25, 2011 for $55,000 (source: MLS/tax record).
The property 719 Drexel Ave is 1,588 SqFt (source: MLS/tax record).
This home is located at 719 Drexel Ave in Atlantic City, NJ and zip code 08401 in the Bungalow Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 23, 2025 and is currently priced at $329,000.
While more than 0 listings in Atlantic City, NJ in June 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 20 were sold below. The inventory of homes for sale in Atlantic City, NJ between May and June 2025 increased by 4.3%. Listings spent 83 days on the market in June 2025, and had a median list price of $240,000 during the same period.