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    1916 Magellan Ave Atlantic City, NJ 08401

    For Sale
    $289,000

    Duplex - Atlantic City, NJ

    Type:Duplex
    Property size:
    1,478 SF
    Days on Market:
    59
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 1916 Magellan Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    Size
    1,478 SF

    Utilities

    Heating system
    Forced Air, Hot Water (Heating), Natural Gas
    Cooling system
    Gas (Cooling), Multi Units, Window Unit(s)

    Building Details

    Year built
    1900
    Number of units
    2

    NJ Elite Group LLC (732) 523-0757

    Listing agent Jasmin Elalfy (732) 523-0757 License #1863633

    Listing date Oct 8, 2025

    MLS# 600210 Listing URL

    Copyright © 2025 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Atlantic City Two-Family Property

    This two-family property is located in Atlantic City, New Jersey. Each unit features 2 bedrooms, 1 bathroom, and a full kitchen. The first-floor unit has been fully renovated and is currently tenant-occupied. The second-floor unit is vacant and ready for occupancy. Both units have updated mechanicals, including a newer hot water heater and new forced-air heating systems. The property size is 1478 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlantic City
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.4401401
    Latitude
    39.3673035

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    FAQs

    What type of property is this?
    Duplex - Two-unit property with renovated first-floor and updated mechanicals.
    Where is this duplex located?
    The property is located at 1916 Magellan Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: - Fully renovated first-floor unit, currently tenant-occupied.; - Vacant second-floor unit is ready for immediate occupancy.; - Two-family property offering potential rental income.
    (732) 523-0757
    Request Owner's contact information
    1916 Magellan Ave Atlantic City, NJ 08401
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    Atlantic City, NJ 08401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1916 Magellan Ave Atlantic City, NJ 08401
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