21 N Morris Ave Atlantic City, NJ 08401

21 North Morris Avenue, Atlantic City NJ
21 N Morris Ave
$195,000
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21 N Morris Ave
Atlantic City,NJ08401

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Home Details for 21 N Morris Ave


98 Days on Trulia
71 views
Triplex - Atlantic City, NJ
21 N Morris Ave Owner selling due to health reasons all units are vacant and ready to rent . This is a true legal triplex with an additional studio unit through the rear ground floor . Total rental income of $48 000 per year gives it an incredible 21% CAP RATE ( The two 3 BR units will rent for $1200 each the ground floor 2 BR for $1000 and the studio will rent for $600 ) Realize additional income by installing coin operated washer/dryer . Owner will hold financing to qualified buyer with 50% down . 3 year IO at 8%
Schools
Elementary School
Approaches Standard

Middle School
Approaches Standard

Atlantic City High School
Below Standard
High
Crime
Features for 21 N Morris Ave

Information last updated on 11/19/2014 12:00 AM:
    • Price: $195,000
    • Multi-Family
    • Status: For Sale
    • Lot Size: 3,751 sqft
    • Built in 1940
    • MLS/Source ID: 434341
    • Zip: 08401

Public Records for 21 N Morris Ave


Official property, sales, and tax information from county (public) records as of 05/2014:
    • Single Family Residential
    • Built In 1925
    • Construction: Frame
    • 1,917 sqft
    • Stories: 2 story
    • County: Atlantic
    • Lot Size: 3,751 sqft
    • 3 Units

Neighborhood Info


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Affordability


Monthly mortgage for 21 N Morris Ave

Property Taxes and Assessment for 21 N Morris Ave


Land
Improvement
Total
$100,000
+
$65,000
=
$165,000
Year Tax Assessment Market
2014 N/A $165,000  N/A
2013 $4,194 N/A N/A
Source: Public Records

Price History & Trends


Price History for 21 N Morris Ave


Date Event Price Source Agents
11/19/2014 Price Change
+$6K (+3.2%)
$195,000 Berkshire Hathaway HomeServices Fox & Roach, Realtors Berkshire Hathaway HomeServices Fox & Roach, Realtors  
10/30/2014 Price Change
-$6K (-3.1%)
$189,000 Berkshire Hathaway HomeServices Fox & Roach, Realtors Berkshire Hathaway HomeServices Fox & Roach, Realtors  
10/07/2014 Price Change
-$4K (-2.0%)
$195,000 Berkshire Hathaway HomeServices Fox & Roach, Realtors Berkshire Hathaway HomeServices Fox & Roach, Realtors  
09/18/2014 Price Change
-$11K (-5.2%)
$199,000 Berkshire Hathaway HomeServices Fox & Roach, Realtors Berkshire Hathaway HomeServices Fox & Roach, Realtors  
09/15/2014 Price Change
-$5K (-2.4%)
$209,900 Berkshire Hathaway HomeServices Fox & Roach, Realtors Berkshire Hathaway HomeServices Fox & Roach, Realtors  
09/06/2014 Price Change
-$5K (-2.2%)
$215,000 Berkshire Hathaway HomeServices Fox & Roach, Realtors Berkshire Hathaway HomeServices Fox & Roach, Realtors  
08/21/2014 Price Change $219,900 Berkshire Hathaway HomeServices Fox & Roach, Realtors Berkshire Hathaway HomeServices Fox & Roach, Realtors  
04/30/2012 Sold view detail $110,000 Public records Public records  
  • Recording Date
    04/30/2012
  • Contract Date
    04/23/2012
  • Sale Price
    $110,000
  • Price Type
    Full amount computed from Transfer Tax or Excise Tax.
  • Total Transfer Tax
    $440
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Bargain and Sale Deed
08/07/2002 Sold view detail $145,000 Public records Public records  
  • Recording Date
    08/07/2002
  • Contract Date
    07/31/2002
  • Sale Price
    $145,000
  • Price Type
    Full amount stated on Document.
  • County Transfer Tax
    $145
  • Total Transfer Tax
    $508
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
05/04/1998 Sold view detail $82,000 Public records Public records  
  • Recording Date
    05/04/1998
  • Contract Date
    04/27/1998
  • Sale Price
    $82,000
  • Price Type
    Full amount stated on Document.
  • County Transfer Tax
    $82
  • Total Transfer Tax
    $287
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction
  • Document Type
    Deed
08/04/1994 Sold view detail $70,000 Public records Public records  
  • Recording Date
    08/04/1994
  • Contract Date
    07/15/1994
  • Sale Price
    $70,000
  • Price Type
    Full amount stated on Document.
  • Transaction Type
    Purchase/Resale Arm's Length Residential Transaction

Compare homes in the area to 21 N Morris Ave

This Home
$195,000
VS
$103,000
$103,000

Real Estate Trends in 08401


Listing price for 21 N Morris Ave $195,000  
Average listing price for similar homes $94,952 51% below listing price
Average listing price for all homes in 08401 $205,907 5% above listing price
Median sale price for all homes in 08401 $103,000 47% below listing price

Nearby homes around 21 N Morris Ave


$1,099,500
4 br / 2 ba
Single-Family Home
OPEN HOUSE Sun Oct 16, 2pm to 4pm
  • Home Estimates for 21 N Morris Ave

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Contact Info

Agent
(609) 457-1445
 (0)
Broker
Berkshire Hathaway HomeServices Fox & Roach, Realtors
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