1816 Hummock Ave Atlantic City, NJ 08401

Multi-Family (2-4 Units) MLS #: 591120 Courtesy Of WEICHERT REALTORS ASBURY GROUP-AC

$399,900

4,000 sq ft
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Est. Property Tax: $4,625
Estimated monthly payments: $2,134/mo.* (recalculate)

Property InformationDescription

The money maker! This recently renovated duplec features a two story 4bdrom unit and a ground floor 3bdrm unit. Upstairs currently has tenants in place, and the ground floor is currently vacant, newly renovated, CO ready, no stairs and no carpet, has tiled flooring throughout the whole unit. Freshly painted and newer kitchen cabinets, counters, and applicances. Plenty of parking along the side of the property as well as street parking. Tenants only pay Electric! Both units are Section 8 approved, even the three bedroom is large enough for a family of 8!! At this price along with the new rents for 2025, this property is being sold a 15-16% Cap Rate!!! Unheard of gains for a duplex!!! Super low taxes, low maintanace property! Income and Expenses are available up request to qualified buyers. This property sits on a large L shaped lot that may be subdividable, a Survey is also available upon request to qualified buyers. The property also has its Lead Free Cretificate issued by the State allready in place. This is a legal duplex, and approved Land Uses are allready in place with the City. There should be no issues at all with this property, this is basically a turn key investment for beginners and experienced landlords alike!!

Features

  • Age: Over 50 Years Old
  • Amenities: Deck, Dock, Porch, Patio
  • Appliances: Refrigerator
  • Exterior Type: Stucco
  • Heating System: Baseboard
  • Rooms: Basement, Kitchen, Living Room

MAP & DIRECTIONS

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1816 Hummock Ave, Atlantic City, NJ 08401
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School Information

1816 Hummock Ave, Atlantic City, NJ 08401

Elementary School
Grades PK-8 | Public School
NEW YORK AVENUE SCHOOL
Atlantic City, NJ 08401
411 N New York Ave
609.­343.7280
Distance: 0.3 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
558
Middle School
Grades PK-8 | Public School
NEW YORK AVENUE SCHOOL
Atlantic City, NJ 08401
411 N New York Ave
609.­343.7280
Distance: 0.3 mi
School Rating
F
Student:Teacher Ratio
10:1
Total Students
558
High School
Grades 9-12 | Public School
ATLANTIC CITY HIGH SCHOOL
Atlantic City, NJ 08401
1400 N Albany Ave
609.­343.7300
Distance: 2.1 mi
School Rating
D-
Student:Teacher Ratio
12:1
Total Students
1771
Other Nearby Schools Distance Type Grades School Rating
Dr. Martin Luther King Jr. School Complex 0.1 mi Public PK-8 D+
Texas Avenue School 0.6 mi Public KG-8 D
Our Lady Star Of The Sea Regional 0.7 mi Private PK-8
Brighton Avenue School 0.9 mi Public PK-5 C-
Venice Park School 0.9 mi Public PK
Pennsylvania Avenue School 1.0 mi Public PK-8 D
Sovereign Avenue School 1.0 mi Public PK-8 C-
Uptown School Complex 1.2 mi Public PK-8 D+
Chelsea Heights School 1.6 mi Public PK-8 B
Richmond Avenue School 1.6 mi Public PK-8 B
Ventnor Elementary School 3.6 mi Public PK-4 A
Ventnor Middle School 3.6 mi Public 5-8 B
Eugene A. Tighe Middle School 4.1 mi Public 5-8 A
Brigantine Elementary School 4.1 mi Public PK-4
Brigantine North Middle School 4.1 mi Public 5-8
William H. Ross Iii Elementary School 4.2 mi Public PK-4 A
North Main Street Elementary School 4.8 mi Public PK-5 C+
Leeds Avenue Elementary School 4.9 mi Public PK-5 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Atlantic City, NJ 08401

Median Age: 40.7
Married: 24%
Number of Households: 15,281
Households with Children: 29.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.