$320,000

131 N CONGRESS AVE, Atlantic City, NJ 08401

  • 3 beds |
  • 3 baths |
  • 1,064 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 2019
  • Property Lot Size Icon871sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $301/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Priced to sell at $320,000, this brand‑new 3BD/2.5BA home 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 7.7–8.1% and Cash‑on‑Cash Return of 7–8.6%. 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!

Listing Status:
Active
Listing Office:
RealtyMark Properties : 8563220200
Listing Agent:
Steven P McCullough I : 8564379337
MLS ID:
NJAC2019486
  • General: Breakfast AreaCarpetCombination Dining/LivingDining AreaEntry Level BedroomFamily Room Off KitchenFloor Plan - Open
  • Appliances: Oven/Range - GasRefrigeratorStainless Steel AppliancesWasher/Dryer Hookups Only
  • Laundry: HookupLower Floor
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None

This listing courtesy of Steven P McCullough I, RealtyMark Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pennsylvania Avenue School

201 N Pennsylvania Ave, Atlantic City, NJ, 08401

Grades PK-8

0.15 miles away

P

Pennsylvania Avenue School

201 N Pennsylvania Ave, Atlantic City, NJ, 08401

Grades PK-8

0.15 miles away

A

Atlantic City High School

1400 N Albany Ave, Atlantic City, NJ, 08401

Grades 9-12

3.10 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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