NJ
ATLANTIC
ATLANTIC CITY
08401
131 N CONGRESS AVENUE
131 N CONGRESS AVENUE, ATLANTIC CITY, NJ 08401
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Listing Type
Single Family
Listing Status
active
51
$315,000

Home Details for 131 N CONGRESS AVENUE

Price
$315,000
Type
Residential
Bedrooms
2
Bathrooms
3.0
Square feet
1064
Year built
2019
Lot size acres
0.02
County
ATLANTIC
Total rooms
6
Garage
1
Days on site
247
MLS Listing#
NJAC2019486
Property Description

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!

Property Features
  • Parking
    • Garage
    • Driveway
    • Attached
  • Cooling Information
    • Central Air
    • Gas
  • Heating Information
    • Natural Gas
    • Forced Air
  • Waterfront and Water Access
    • Ocean Front
  • Water Features
    • Public
  • House Interior
    • Open Floorplan
Listing Courtesy: RealtyMark Properties - 856-322-0200
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Last Updated: 2025-09-05 08:38:05
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EXIT REALTY JERSEY SHORE
2029 Route 37 East, Toms River, NJ 08753
Rosemarie McGeehan
License #: 0679931
Associate Broker
Office
732 573 1550
Agent
732 740 9519
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