131 North Congress Avenue Atlantic City, NJ 08401

$315,000
2
Beds
2.5
Baths
0.02
Acres
1,064
SQFT
296
$/SQFT
$315,000
2
Beds
2.5
Baths
1,064   sf
$296 / sf
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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!

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!

  • Neighborhood
  • Type
  • Total Baths
  • 1/2 Baths
  • County
    Atlantic
  • Area
    Atlantic City
  • Tax Amount
    $5,999
  • Status
    Active
  • Listing #
    NJAC2019486
  • Built
    2019
  • Lot Size
    0.02
  • Listed on site
    101 days
  • Listing Agent Id
    1700002189484

Listed by:
RealtyMark Properties

Source:
BRIGHT MLS

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Property details

Community Features

  • No HOA
  • No Adult Community

Property Features

  • New Construction
  • No Builder Restrictions

Waterfront

  • Water Access

View

  • Ocean view

Exterior features

  • Has garage
  • No Pool

Interior Features

  • Central Air Conditioning
  • Gas Oven
  • Main Floor Bedroom

Style

  • Traditional

Property History

DateDays AgoEventNew Price
Aug 18, 20252 mos agoPrice decreased5,000 (2%)$315,000
Jul 22, 20253 mos agoPrice decreased15,000 (4%)$320,000
Jun 27, 20253 mos agoNew on market$335,000
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