Sold230d on market
2834 Atlantic Ave APT 505
Atlantic City, NJ, 08401 • 08401 • Atlantic County
$140,000
2Beds
1Baths
Property DNA
Brighton
08401
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
230 days on market
Established listing
About this home
Condo
OWN FOR THE PRICE OF RENTING !!! 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%.
Standout features identified
Our analysis highlights private balcony, modern kitchen, and updated bathroom as key attractions of this home.
Estimated monthly payment
Based on current rates
$913/month
Principal & Interest$726
Property Tax$140
Insurance$47
Down payment20% ($28,000)
3%50%
Est. 6.75% rate · 30yr fixed · $112,000 loan
Full calculator →At a glance
Key facts and listing details
TypeCondominium
HeatingElectric
ParkingSee Remarks
Property
Home typeCondo
Sub-typeCondominium
Systems
HeatingElectric
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingSee Remarks
Location & Tax
Neighborhood08401
Annual tax$1,700
Parcel02001760000000010000C0505
Bathrooms & Fees
Full baths1
Features & details
2 categories of property features
Interior Features
Heating
Electric
Exterior Features
Parking
See Remarks
Listing insights
Market data and value estimates
StatusSold
Days on market230
Est. value$148,500
Est. rent$1,775/mo
Tax rate1.98%
On marketAug 26, 2025
PostedAug 26, 2025
Last sold$140,000
MLS updatedSep 3, 2025
Tour days6
Views7
How are the schools in Atlantic City?
3 schools rated nearby
Location
Atlantic City, NJ, 08401
Price history
27 events
DateEventPrice$/sqftSource
Aug 27, 2025Sold$140,000—SJSRMLS
Aug 26, 2025Listed For Sale$145,000—SJSRMLS
Aug 4, 2025Listing Removed$145,000—SJSRMLS
Jul 17, 2025Price Change$145,000—SJSRMLS
Jul 5, 2025Price Change$149,999—SJSRMLS
Jun 17, 2025Price Change$150,000—SJSRMLS
Jun 12, 2025Price Change$155,000—SJSRMLS
Jun 10, 2025Price Change$160,000—SJSRMLS
May 7, 2025Listed For Sale$162,000—SJSRMLS
Apr 21, 2025Listing Removed$161,299—SJSRMLS
Apr 4, 2025Price Change$161,299—SJSRMLS
Feb 28, 2025Price Change$162,500—SJSRMLS
Feb 3, 2025Price Change$164,999—SJSRMLS
Jan 24, 2025Listed For Sale$175,000—SJSRMLS
May 23, 2024Listing Removed——SJSRMLS
Apr 25, 2024Listed For Sale$170,000—SJSRMLS
Feb 7, 2024Listing Removed——SJSRMLS
Dec 22, 2023Contingent$170,000—SJSRMLS
Oct 30, 2023Price Change$170,000—SJSRMLS
Oct 25, 2023Price Change$175,000—SJSRMLS
Oct 19, 2023Price Change$174,990—SJSRMLS
Sep 15, 2023Price Change$175,000—SJSRMLS
Sep 13, 2023Price Change$172,000—SJSRMLS
Aug 11, 2023Listed For Sale$175,000—SJSRMLS
Sep 13, 2019Sold$60,000—SJSRMLS
Aug 7, 2019Listed For Sale$69,900—BOARDWALK REALTY
Nov 3, 2016Sold$49,500—SJSRMLS
Sold$140,000
Aug 27, 2025•SJSRMLS
Listed For Sale$145,000
Aug 26, 2025•SJSRMLS
Listing Removed$145,000
Aug 4, 2025•SJSRMLS
Price Change$145,000
Jul 17, 2025•SJSRMLS
Price Change$149,999
Jul 5, 2025•SJSRMLS
Price Change$150,000
Jun 17, 2025•SJSRMLS
Price Change$155,000
Jun 12, 2025•SJSRMLS
Price Change$160,000
Jun 10, 2025•SJSRMLS
Listed For Sale$162,000
May 7, 2025•SJSRMLS
Listing Removed$161,299
Apr 21, 2025•SJSRMLS
Price Change$161,299
Apr 4, 2025•SJSRMLS
Price Change$162,500
Feb 28, 2025•SJSRMLS
Price Change$164,999
Feb 3, 2025•SJSRMLS
Listed For Sale$175,000
Jan 24, 2025•SJSRMLS
Listing Removed—
May 23, 2024•SJSRMLS
Listed For Sale$170,000
Apr 25, 2024•SJSRMLS
Listing Removed—
Feb 7, 2024•SJSRMLS
Contingent$170,000
Dec 22, 2023•SJSRMLS
Price Change$170,000
Oct 30, 2023•SJSRMLS
Price Change$175,000
Oct 25, 2023•SJSRMLS
Price Change$174,990
Oct 19, 2023•SJSRMLS
Price Change$175,000
Sep 15, 2023•SJSRMLS
Price Change$172,000
Sep 13, 2023•SJSRMLS
Listed For Sale$175,000
Aug 11, 2023•SJSRMLS
Sold$60,000
Sep 13, 2019•SJSRMLS
Listed For Sale$69,900
Aug 7, 2019•BOARDWALK REALTY
Sold$49,500
Nov 3, 2016•SJSRMLS
Tax history
11 years of records
YearTax paidAssessed value
Apr 15, 2025$2,420$70,100
Apr 15, 2024$2,420$70,100
Apr 15, 2023$2,499$70,100
Apr 15, 2022$2,735$70,100
Apr 15, 2021$2,758$70,100
Apr 15, 2020$2,032$70,100
Apr 15, 2019$72$51,000
Apr 15, 2018$72$51,000
Apr 15, 2017$3,088$80,000
Apr 15, 2016$2,738$80,000
Apr 15, 2015$2,678$80,000
Nearby homes
Neighborhood details
Local context around this listing
Atlantic City, NJ • Atlantic County
Nearby cities
Atlantic CityEgg Harbor CityEgg Harbor TownshipGallowayHammontonMays LandingPleasantvilleSomers Point
Nearby zip codes
084010840408405
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