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Preforeclosure Homes in Atlantic City, NJ 08401

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Living in Atlantic City, NJ

Atlantic City, NJ, is a renowned seaside resort town famous for its boardwalk, casinos, and entertainment venues. The city provides residents with access to beautiful beaches, a variety of dining options, and a blossoming cultural scene. With excellent public transport and surrounding amenities, it's an attractive location for both living and investment.

Current Market Conditions in Atlantic City, NJ

The real estate market in Atlantic City has shown a steady recovery in recent years, driven by population growth and increased tourism. Homes are seeing appreciation in values, particularly those located closer to the beach and boardwalk.

Investors can expect a range of opportunities, from affordable properties to luxury homes, with rental demand remaining high due to a consistent influx of seasonal tourists and permanent residents.

Home Value Estimator For Atlantic City, NJ

There are currently 13,591 real estate properties in Atlantic City, NJ, with a median automated valuation model (AVM) price of $201,926.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Atlantic City, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Atlantic City, NJ, is $254,123.00, with the most expensive house in Atlantic City, NJ, topping out at $21,159,800.00 and the cheapest home in Atlantic City, NJ, clocking in at $10,645.00. In other words, there’s something for every potential homebuyer or savvy investor in Atlantic City, NJ!

Rent Prices In Atlantic City, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Atlantic City, NJ, is on a rollercoaster ride. The average rent price in Atlantic City, NJ, is $1,332.00. Indeed, when looking to rent in Atlantic City, NJ, you can expect to pay as little as $750.00 or as much as $4,000.00, with the average rent median estimated to be $1,280.00. The good news is that finding an affordable and desirable property to rent in Atlantic City, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Atlantic City, NJ 08401 Preforeclosure Homes


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