1507 N Michigan Ave, Atlantic City, NJ 08401
Atlantic County
Key Facts
Description
Welcome to 1507 N. Michigan Avenue, a well-maintained home offering versatility, space, and exceptional value in Atlantic City. Featuring a legal first-floor in-law apartment with its own private entrance, kitchen, full bathroom, one bedroom, separate utilities, and strong rental potential, this property is ideal for multigenerational living or generating additional income. The main residence offers three spacious bedrooms, two full bathrooms, beautiful hardwood flooring, an updated kitchen, generous storage throughout, and a large front deck perfect for relaxing or entertaining. A two-car garage and oversized 90' x 75' lot provide ample parking, outdoor space, and endless possibilities. The property extends beyond the existing fencing, offering even more usable yard space than meets the eye. Live in the main home while offsetting your expenses with rental income, or take advantage of the property's flexible layout as a full investment opportunity. A rare combination of space, functionality, and income potential makes this a property you won't want to miss.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
2 Story
Stories
2
Living Area
2,375 sq ft
Garage Spaces
3
Days on Market
4
MLS® Listing#
609571
Property Features
- Interior:
- Eat-in Kitchen, In-Law Floorplan
- Cooling:
- Ceiling Fan(s), Central Air, Window Unit(s)
- Heating:
- Baseboard, Natural Gas
- Flooring:
- Hardwood, Tile, Wood
- Basement:
- Crawl Space
- Parking:
- Concrete, Driveway, Attached
- Patio:
- Deck
- Fencing:
- Fenced
- Construction:
- Cedar, Vinyl Siding
- Sewer:
- Public Sewer
- Water Source:
- Public
HOA & Tax
- Annual Tax:
- $3,502
Affordability Calculator
$68,000
Estimated monthly payment
$1,810/mo
Principal $272,000 · Est. interest $379,464 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Atlantic City, NJ
- $618,539
- Median Listing Price
- 49
- Median Days on Market
- 1,388
- Median Sq Ft
- $424
- Median Price / Sq Ft
- 3,214
- Active Listings
- This home’s price is 45% below the area median.
- Its price per sq ft is 66% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Atlantic City, NJ.
Location
- 1507 N Michigan Ave, Atlantic City, NJ 08401
Nearby Schools
Venice Park Elementary School
Elementary · 0.2 mi away
Dr Martin Luther King School
Elementary · 0.5 mi away
New York Avenue School
Elementary · 0.9 mi away
Oceanside Charter School
School · 1.0 mi away
Atlantic City Schools
School · 1.0 mi away
Indiana Ave School
School · 1.0 mi away
Texas Avenue School
Elementary · 1.1 mi away
Our Lady Star of the Sea Church
School · 1.2 mi away
Brighton Avenue School
Elementary · 1.2 mi away
Pennsylvania Ave School
Elementary · 1.3 mi away
Sovereign Avenue School
Elementary · 1.3 mi away
Atlantic City Public Schools
Elementary · 1.3 mi away
Chelsea Heights School
Elementary · 1.5 mi away
New Jersey Avenue School
School · 1.6 mi away
Atlantic City High School
Secondary · 1.6 mi away
Uptown School Complex
Elementary · 1.6 mi away
Richmond Avenue School
Elementary · 1.8 mi away
Ventnor Elementary School
Elementary · 3.5 mi away
Sea Tots Early Learning Center
School · 3.5 mi away
Margate City School District
Secondary · 4.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Moving Cost Estimate
EXIT Agents in Atlantic City
Listing Courtesy: Soleil Sotheby's International Realty - A - 6094878000