About 131 N Congress Ave
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!
Features of 131 N Congress Ave
MLS® # | NJAC2019486 |
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Price | $315,000 |
Bedrooms | 2 |
Bathrooms | 2.50 |
Full Baths | 2 |
Half Baths | 1 |
Square Footage | 1,064 |
Acres | 0.02 |
Year Built | 2019 |
Type | Residential |
Sub-Type | Detached |
Style | Traditional |
Status | Active |
Community Information
Address | 131 N Congress Ave |
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Area | Atlantic City (20102) |
Subdivision | ATLANTIC CITY |
City | ATLANTIC CITY |
County | ATLANTIC-NJ |
State | NJ |
Zip Code | 08401 |
Senior Community | N |
Amenities
Amenities | Carpet, Entry Lvl BR, Washer/Dryer Hookup |
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Parking Type | Driveway, Attached Garage |
# of Garages | 1 |
Garages | Garage - Front Entry |
View | Ocean |
Is Waterfront | No |
Pool Type | No Pool |
Interior
Interior Features | Floor Plan-Open |
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Main Level Bedrooms | 2 |
Appliances | Oven/Range-Gas, Refrigerator, Stainless Steel Appliances |
Heating | Forced Air |
Cooling | Central A/C |
Fireplace | No |
# of Stories | 3 |
Stories | 3 |
Has Basement | No |
Central Air | Y |
Exterior
Exterior | Frame |
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Style | Traditional |
Roof | Architectural Shingle |
New Construction | Y |
Foundation | Slab |
School Information
District | ATLANTIC CITY SCHOOLS |
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Additional Information
Date Listed | June 26th, 2025 |
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Days on Market | 112 |
Zoning | RM-1 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | RealtyMark Properties |
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Contact Info | 8563220200 |