131 N Congress Ave, ATLANTIC CITY, NJ 08401

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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

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Home facts

  • Year built:2019
  • Listing Id #:NJAC2019486
  • Added:54 day(s) ago
  • Updated:August 20, 2025 at 01:46 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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