131 N Congress Ave, Atlantic City, NJ 08401
Local realty services provided by:Better Homes and Gardens Real Estate Premier
131 N Congress Ave,Atlantic City, NJ 08401
$315,000
- 2 Beds
- 3 Baths
- 1,064 sq. ft.
- Single family
- Active
Listed by:steven p mccullough i
Office:realtymark properties
MLS#:NJAC2019486
Source:BRIGHTMLS
Price summary
- Price:$315,000
- Price per sq. ft.:$296.05
About this home
Priced to sell at $315,000, this brand‑new 2BD/2.5BA home with potential for a 3rd bedroom, just four blocks from Atlantic City’s Boardwalk offers modern coastal living with strong investment appeal. Featuring three private balconies, en‑suite baths in every bedroom, and a private garage, it’s ideal as a primary residence, vacation getaway, or income‑producing rental. Sellers are ready to make a deal — with additional benefits available if you work directly with the listing agent (subject to final seller approval).
The open‑concept layout features granite countertops, stainless steel appliances, and contemporary finishes throughout.
Investment highlights:
Long‑term rents estimated at $2,950–$3,100/month, supporting a Cap Rate of 9.5–9.7% and Cash‑on‑Cash Return of 9.5%–9.7%. Seasonal short‑term rentals offer additional upside.
Bonus incentives: Seller is also willing to provide closing cost assistance and/or a furniture credit with acceptable terms (subject to final approval).
Located near the beach, casinos, Absecon Lighthouse, Steel Pier, and dining, this property combines lifestyle, location, and ROI. Schedule your showing today!
Contact an agent
Home facts
- Year built:2019
- Listing ID #:NJAC2019486
- Added:95 day(s) ago
- Updated:September 30, 2025 at 01:59 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:1,064 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Architectural Shingle
- Year built:2019
- Building area:1,064 sq. ft.
- Lot area:0.02 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$315,000
- Price per sq. ft.:$296.05
- Tax amount:$5,999 (2024)
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