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$329,000

719 Drexel Ave Atlantic City, NJ 08401

1,588 sqft
$207 / sqft
Multi-Family

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

Home typeDuplex
HeatingNatural Gas
StatusActive
Size1,588 sqft
MLS #598528

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

Broker Reciprocity 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: 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

DateEventPrice
Apr 25, 2011
Home Sold
$55,000
Aug 05, 2002
Home Sold
$58,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

77%
<35k
24%
35k-100k
0%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

70%
Single, No Kids
15%
Single, with Kids
12%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
8%
12-17 yrs old
17%
18-34 yrs old
44%
35-64 yrs old
19%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • UFCUFC
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Chico'sChico's
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Church's ChickenChurch's Chicken
  • Burger KingBurger King
  • Bob EvansBob Evans

What do the neighbors drive?

  • CadillacCadillac
  • BuickBuick
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • JazzJazz
  • Urban ContemporaryUrban Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

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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.

From Rocket Homes Real Estate and based on county public records data.

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