20 days on rocket

1524 Madison Ave, Atlantic City, NJ, 08401

$120,000

Home List Price

$1,425*

Closing Credit

3 Bedrooms
2 Full Baths
House
Schools Nearby

Location

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1524 Madison Ave, Atlantic City$120,000

Buyer Closing Credits

$1,425*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingTwo Car
Year Built1920
HeatingNone
MLS #585158
StatusActive

About 1524 Madison Ave

This is a short sale subject to 3rd party approval. Home is being sold as-is, where is condition with no warranties expressed or implied. Inspections are informational purposes only. There is a 3% or $10,000.00 (whichever is greater) short sale fee paid by the buyer. Buyer will be responsible for all FHA, VA or lender repairs needed for financing, if required. Please note that if the town requires a certificate of occupancy, this will be the buyer’s responsibility. All contracts must have wet signatures (Bank(s) will not accept digital signatures

Property Details

Property Features

Property Information:

  • Architectural Style: Semi-Det/1/2Dbl
  • Year Built: 1920

Listing Office:

  • Office Name: eXp Realty - Montclair
  • Office Phone: (866) 201-6210

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Two Car

Utilities

Utilities Information:

  • Heating: None

Other

Directions Information:

  • Directions: Turn right at the 1st cross street onto Gramercy Ave 217 ft , Turn right at the 1st cross street.

Price Information

Listing Price Info

Price Summary:

  • List Price: $120,000

Tax Information:

  • Annual Amount: $3,663
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Atlantic City, NJ.

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Atlantic City, NJ

City

Med. Sold Price

$225K

Med. Price/SqFt

$194

Avg. Days On Market

56

# of Sold Homes

33

1524 Madison Ave vs Atlantic City

20 DAYS ON ROCKET

-36 Days

$120,000

-$105K Less

KEY TAKEAWAY

This property is $105K less than the Median Sold Price in Atlantic City, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #585158

Listing Office:

  • Office Name: eXp Realty - Montclair
  • Office Phone: (866) 201-6210

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. © 2024 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: 6/3/2024, 4:20:36 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Apr 27, 2009Home Sold
$164,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,663$93,900
2019$6,573$165,000
2018$5,829$165,000
2017$5,645$165,000

History based on county public records data.

Payment Calculator

$666

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$426

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-7811119
2
/10

  • Brighton Avenue School

  • 30 N Brighton Ave

  • 1.27 miles

  • Public District Grades KG-5

school-card-donut-7811120
7
/10

  • Ventnor Elementary School

  • 400 N Lafayette Ave

  • 3.48 miles

  • Public District Grades PK-4

school-card-donut-7811121
3
/10

  • Leeds Avenue Elementary School

  • 100 W Leeds Ave

  • 4.06 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $79,098. The most common annual income of people living in Atlantic City, NJ is between $35k-100k. Most families are single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1524 Madison Ave

What is the listing price of this property?

The listing price of 1524 Madison Ave property is $120,000.

What type of property is this?

The property 1524 Madison Ave is a house located in Atlantic City, New Jersey, 08401.

Is this property for sale now?

Active Listing: 1524 Madison Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,663 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on April 27, 2009 for $164,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1524 Madison Ave has 3 bedrooms and 2 bathrooms.

Which year was this property built?

The year of construction for 1524 Madison Ave is 1920.

Rocket Homes›New Jersey›Atlantic County›Atlantic City›08401›1524 Madison Ave

This home is located at 1524 Madison Ave in Atlantic City, NJ and zip code 08401 in the Venice Park neighborhood. This home was built in 1920. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 14, 2024 and is currently priced at $120,000.

While more than 6 listings in Atlantic City, NJ in May 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 16 were sold below. The number of homes for sale in Atlantic City, NJ increased by 2.1% between April 2024 and May 2024. In May 2024 median list price was $225,000 and the average listing age was 56 days.

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

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