Residential > Condo
Active
05/07/2025
List Price
$150,000
2834 Atlantic Ave 505
Atlantic City, NJ 08401
- 2Beds
- 1Bath
- 868ft²Living Area
- 867ft²Lot Size
- -Pool
- -Car
- 1965Year Built
- 42DOM
- -Permit
2834 Atlantic Ave 505, Atlantic City, NJ 08401 is a 2 bed, 1 bath, 868 ft² condo built in 1965 on a 0.020 acre lot.
Property Valuations
Latest estimates for 2834 Atlantic Ave 505 based on TopHap automated valuation model (AVM).
TopHap Estimate
$127,000
$146/ft²
-$23K below List Price
Updated 4 months ago
2834 Atlantic Ave 505 is valued at $127,000 by TopHap AVM 4 months ago.
MLS Description
The listing agent's description. Original Listing
Fully Renovated 2BR Condo – 6.5% Cap Rate – Utilities Included – Priced to Move at $150,000 Investor Alert: This turnkey 2-bedroom, 1-bath unit in Brighton Towers won’t last long. Just blocks from the beach and Tropicana, Unit 505 has been fully renovated with a modern kitchen, updated bathroom, and a private balcony — a rare find in this high-rise. Currently renting for $2,000/month, the numbers speak for themselves: - Net Income: $9,780/year - Cap Rate: 6.52% at asking price - HOA: $827/month (includes gas, electric, and water) - Taxes: $208/month - HO6 Insurance: $150/month This unit is cash flow ready with no upfront rehab needed. Strong rental demand, low vacancy, and all utilities wrapped into one HOA bill make this a hands-off, passive income opportunity. - Perfect for: - Out-of-state investors - 1031 exchange buyers - New landlords looking for plug-and-play cash flow income and expense sheet on documents. ALERT! Buy now with a few Bitcoins or ask about Private Financing Available Starting at 10%.
Listing Agents
The listing agent for 2834 Atlantic Ave 505 is Tiarrah Turner.
TT
Tiarrah Turner
WEICHERT REALTORS ASBURY GROUP-AC
License: 2187202
Phone: (609) 344-6200
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$2,499.07From latest Total Assessed Value3.57%Total Assessed Value$70,100=Land+
Assessed Value$10,000Additions
Assessed Value$60,100
In 2023, taxes billed for 2834 Atlantic Ave 505 were $2,499.07, which is 3.57% from latest Total Assessed Value of $70,100.
Property History
2834 Atlantic Ave 505 has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 2834 Atlantic Ave 505
Hazard Risks
Hurricane175Carb Mono153Air Pollution117Ozone116Lead110Weather107Nat'l Avg100Particulates97Wind94Earthquake43Hail36Tornado25
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 2834 Atlantic Ave 505.
Walkability Index
0 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
2834 Atlantic Ave 505 has a walkability score of 0 out of 20, which means that it is in a car dependent area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
29°F
High
43°F
Summer
Average
Low
66°F
High
80°F
In the winter at 2834 Atlantic Ave 505, temperatures range from 28.52°F to 43.22°F with an average of 35.87°F. In the summer, the temperature ranges from 65.73°F to 79.58°F with and average of 72.66°F.
School Information
Public/private schools serving 2834 Atlantic Ave 505
Public Schools
Texas Avenue School
Grades: KG-8
0.28 mi
D
Sovereign Avenue School
Grades: PK-8
0.30 mi
C+
Atlantic City High School
Grades: 9-12
1.87 mi
D-
Brighton Avenue School
Grades: PK-5
0.13 mi
C-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 2834 Atlantic Ave 505 have ratings undefined, undefined, undefined, and undefined.
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