3101 Boardwalk #2303B-1 · Atlantic City, NJ
Flood risk No data
- FEMA flood zone
- —
- Chance of flooding over 30 yrs
- —
- Est. flood insurance / yr
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Fire risk No data
- Est. fire insurance / yr
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Heat risk No data
- Hot days now (above threshold)
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- Hot days in 30 yrs
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Wind risk No data
- Chance of severe wind over 30 yrs
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Air-quality risk No data
- Unhealthy air days now
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- Unhealthy air days in 30 yrs
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Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +15.0/15.0
- 1% rule +6.1/10.0
- Condition / age +4.0/5.0
- Rent growth +3.9/5.0
- Cash flow +3.4/30.0
- Livability +2.8/5.0
- Schools +2.4/10.0
- DSCR +0.0/10.0
- Appreciation +0.0/10.0
$184,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Welcome to Unit 2303B-1 at Ocean Club, a beautifully maintained and tastefully updated "Reno" model offering approximately 872 square feet of comfortable coastal living. This pristine 1-bedroom, 1.5-bath residence showcases quality upgrades throughout and is truly move-in ready. The spacious floor plan features attractive tile flooring throughout the entire unit, creating a clean, elegant look while making maintenance a breeze. The updated kitchen and baths complement the home's warm and inviting atmosphere, while the open living and dining areas flow seamlessly to a private balcony where you can enjoy fresh ocean breezes and stunning Atlantic City skyline and water views. The generously sized primary suite offers excellent closet space and a well-appointed full bath, while the convenient powder room is perfect for guests. Although the current owner removed the washer and dryer, the original hookups remain in place, allowing a future owner to easily install their own laundry equipment if desired. Furniture may be included with an acceptable offer, making this an even more convenient opportunity for buyers looking to enjoy the shore lifestyle right away. Ocean Club continues to undergo significant improvements, including the completion of the balcony reconstruction project, renovated pool deck, upgraded common areas, and ongoing capital enhancements designed to benefit owners for years to come. Residents enjoy an impressive amenity package featuring indoor and outdoor pools, hot tub, fitness center, sauna, garage parking, front desk personnel, and direct access to the famous Atlantic City Boardwalk. If you've been searching for a beautifully upgraded, impeccably maintained Ocean Club residence, Unit 2303B-1 deserves a place at the top of your list. Schedule your private showing today and discover why so many buyers continue to choose Ocean Club as their home at the shore.
Key facts
- Private balcony
- Renovated pool deck
- Powder room
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.5-bath condo listed at $185k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-570 ($-7k/yr) — negative.
- To cash-flow at today's rent, offer at most $102k (44.6% below list).
- Meets the 1% rule at list price ($2k rent vs $185k).
- Recommended offer: $102k (44.6% below list) — sets the bar for cash-flow.
- Cap rate 2.6% vs local median 3.7% in Atlantic City — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads 55/100 on livability (#525 in NJ) — a working-class tenant base; expect higher turnover. Strengths: health & safety A; Watch: commute D, crime F, amenities F.
- Atlantic City School District (urban): math 9% / reading 26% proficiency, ranked #454 of 472 in NJ (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 85% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Sovereign Avenue School (math 16% / reading 34%, grade F, #862 of 1,303 statewide, top 67%, 698 students, 91% FRL); Atlantic City High School (math 12% / reading 32%, grade F, #346 of 399 statewide, top 88%, 1,764 students, 80% FRL) — zoned schools at 86% FRL track the district average.
- Market conditions: Rents rising fast (+5.5%/yr); 845 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 30d on market — plan ~3-4 weeks tenant-placement turnaround); 48% of comp listings sitting > 30 days — soft ceiling on asking rent; lower-income renter base — watch delinquency; 672 units permitted in Atlantic County in 2024 (258 in 5+ unit buildings).
- At $2,045/mo this rent would consume 60% of the median local household income ($41k/yr) — very limited rent-growth headroom before tenants either downsize or default.
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.
- Atlantic County population projected at -12% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
Negotiation context
- It's been on market 58 days — a 3% lower offer ($179k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Risks & watch-outs
- Watch-outs: HOA is 44% of rent.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 58 days. Have you received any prior offers? Is the seller open to a 45% concession, seller financing, or rate buy-down credit?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 1.11% ✓
- Cap rate
- 2.59%
- Cash-on-cash
- -13.22%
- DSCR
- 0.41
- GRM
- 7.5
CMA / ARV
- ARV (median comp)
- $225,609
- List price
- $184,900
- Delta
- -18.04%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3101 Boardwalk #2110-2 | 0.00mi | 1/1.5 | 872 (0%) | 0mo | $119,000 | $136 | 100 |
| 3101 Boardwalk #2903B-1 | 0.00mi | 1/1.5 | 872 (0%) | 1mo | $225,000 | $258 | 100 |
| 3101 BOARDWALK #1706-1 | 0.00mi | 1/1.5 | 872 (0%) | 1mo | $114,000 | $131 | 99 |
| 3101 Boardwalk #1404-1 | 0.00mi | 1/1.5 | 978 (+12%) | 3mo | $165,000 | $169 | 77 |
| 3101 Boardwalk #2409-2 | 0.00mi | 1/1.5 | 1,060 (+22%) | 2mo | $265,000 | $250 | 73 |
| 100 S Berkley Sq #2N | 0.90mi | 1/1.5 | 882 (+1%) | 3mo | $490,000 | $556 | 61 |
| 3851 Boardwalk #1103 | 0.44mi | 1/1.5 | 760 (-13%) | 0mo | $249,500 | $328 | 58 |
| 5000 Boardwalk #211 | 1.18mi | 1/1.5 | 953 (+9%) | 0mo | $320,000 | $336 | 49 |
| 3817 Ventnor Ave #409 | 0.48mi | 1/1.0 | 1,005 (+15%) | 1mo | $75,750 | $75 | 49 |
| 101 S PLAZA Pl #907 | 0.93mi | 1/1.0 | 960 (+10%) | 1mo | $347,500 | $362 | 45 |
| 3817 Ventnor #304 | 0.48mi | 2/2.0 (+1) | 1,021 (+17%) | 3mo | $85,000 | $83 | 43 |
| 2 Montgomery Ave Unit B1 | 1.00mi | 2/1.0 (+1) | 786 (-10%) | 1mo | $230,000 | $293 | 41 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 5.52% rent growth · sell at horizon
- IRR
- -34.8%
- Equity multiple
- -0.17×
- Total profit
- $-60,382
- Equity at exit
- $27,569
- IRR
- -23.6%
- Equity multiple
- -0.43×
- Total profit
- $-73,994
- Equity at exit
- $15,987
Cash invested: $51,772 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 21 Tenant-Leaning
- State New Jersey
- 21 Tenant-Leaning · D+6
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 11 active · 4 under contract
- Median asking
- $199,000 ($228/sqft)
- Median days on market
- 71 d
- This list price
- 36% of active listings are priced below it
- ARV vs active asking
- +13.4% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 08401
- Home prices YoY
- -7.0%
- Rents YoY
- 5.5%
- Active inventory
- 845
- Price-to-rent
- 7.5×
Monthly cashflow live
- Estimated rent
- $2,045 high interval (Pro) →
- Mortgage (P&I)
- −$970
- Tax est. 1.5%
- −$231 /mo · $2,774/yr
- Insurance
- −$77
- HOA
- −$908
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$429
- Net cashflow
- $-570
Break-even live
Sensitivity live
| Price | -10% $-443 | -5% $-506 | +0% $-570 | +5% $-634 | +10% $-698 |
|---|---|---|---|---|---|
| Rent | -10% $-732 | -5% $-651 | +0% $-570 | +5% $-490 | +10% $-409 |
| Rate | -1.0pp $-477 | -0.5pp $-523 | base $-570 | +0.5pp $-618 | +1.0pp $-667 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $46,225
- Closing costs
- $5,547
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3101 Boardwalk Unit 2802-A Atlantic City, NJ | 1.0 | 1.5 | 872 | $3,000 | $3.44 | 45d | 1 | 0.02mi |
| 3101 Boardwalk Unit 3209-2 Atlantic City, NJ | 1.0 | 1.5 | 1000 | $2,500 | $2.50 | 2d | 1 | 0.02mi |
| 3101 Boardwalk Unit 1911-2 Atlantic City, NJ | 1.0 | 1.5 | 900 | $2,150 | $2.39 | 2d | 1 | 0.02mi |
| 3101 Boardwalk Unit 1901-2 Atlantic City, NJ | 2.0 | 1.5 | 1060 | $2,500 | $2.36 | 10d | 1 | 0.02mi |
| 3101 Boardwalk Unit 2502 Atlantic City, NJ | 1.0 | 1.5 | 872 | $2,000 | $2.29 | 51d | 1 | 0.02mi |
| 3101 Boardwalk Unit 2502 Atlantic City, NJ | 1.0 | 1.5 | 872 | $2,000 | $2.29 | 1d | 1 | 0.02mi |
| 3101 Boardwalk Unit 904-1 Atlantic City, NJ | 2.0 | 1.5 | 978 | $2,450 | $2.51 | 10d | 1 | 0.06mi |
| 3101 Boardwalk Unit 1110-2 Atlantic City, NJ | 1.0 | 1.5 | 872 | $14,500 | $16.63 | 162d | 1 | 0.06mi |
| 3531 Pacific Ave Apt 7 Atlantic City, NJ | 1.0 | 1.0 | 750 | $1,600 | $2.13 | 51d | 1 | 0.24mi |
| 2834 Atlantic Ave Atlantic City, NJ | 1.0 | 1.0 | 823 | $1,688 | $2.05 | 154d | 3 | 0.25mi |
| 2834 Atlantic Ave Atlantic City, NJ | 1.0 | 1.0 | 639 | $1,675 | $2.62 | 162d | 3 | 0.25mi |
| 37 S Iowa Ave Atlantic City, NJ | 1.0–2.0 | 1.0 | 590 | $1,295 | $2.19 | 2d | 2 | 0.26mi |
| 3 S Iowa Ave Atlantic City, NJ | 1.0–2.0 | 1.0 | 327 | $1,340 | $4.09 | 2d | 1 | 0.29mi |
| 38 N Boston Ave Unit A Atlantic City, NJ | 2.0 | 2.0 | 800 | $1,400 | $1.75 | 0d | 1 | 0.33mi |
| 38 N Boston Ave Unit B Atlantic City, NJ | 2.0 | 2.0 | 800 | $1,400 | $1.75 | 10d | 1 | 0.33mi |
| 2612 Pacific Ave #2 Atlantic City, NJ | 2.0 | 1.0 | 750 | $1,550 | $2.07 | 2d | 1 | 0.37mi |
| 3813 Atlantic Ave Unit 1309001P Atlantic City, NJ | 1.0 | 2.0 | 592 | $4,333 | $7.32 | 154d | 1 | 0.42mi |
| 108 Lincoln Pl Apt A4 Atlantic City, NJ | 2.0 | 1.0 | 800 | $5,000 | $6.25 | 162d | 1 | 0.42mi |
| 3851 Boardwalk Atlantic City, NJ | 2.0 | 1.0–2.0 | 785 | $19,700 | $25.10 | 162d | 5 | 0.42mi |
| 3809 Ventnor Ave Unit A Atlantic City, NJ | 2.0 | 1.0 | 900 | $2,400 | $2.67 | 10d | 1 | 0.47mi |
| 3817 Ventnor Ave #812 Atlantic City, NJ | 1.0 | 1.0 | 525 | $1,500 | $2.86 | 51d | 1 | 0.48mi |
| 3817 Ventnor Ave #1004 Atlantic City, NJ | 2.0 | 2.0 | 1021 | $5,000 | $4.90 | 29d | 1 | 0.48mi |
| 21 S Windsor Ave Unit b1 Atlantic City, NJ | 2.0 | 1.0 | 640 | $1,650 | $2.58 | 154d | 1 | 0.61mi |
| 101 S Raleigh Ave Atlantic City, NJ | 2.0 | 1.0 | 735 | $10,125 | $13.78 | 154d | 7 | 0.67mi |
| 101 S Raleigh Ave Atlantic City, NJ | 2.0 | 1.0–1.5 | 613 | $1,588 | $2.59 | 10d | 5 | 0.67mi |
| 619 N Trenton Ave Unit 1 Atlantic City, NJ | 2.0 | 1.0 | 900 | $2,000 | $2.22 | 37d | 1 | 0.93mi |
| 2 S Montgomery Ave Unit B1 Atlantic City, NJ | 2.0 | 1.0 | 786 | $2,200 | $2.80 | 10d | 1 | 0.99mi |
| 1724 Atlantic Ave Unit B2 Atlantic City, NJ | 2.0 | 1.0 | 750 | $1,495 | $1.99 | 162d | 1 | 1.04mi |
| 4800 Boardwalk #1807 Ventnor City, NJ | 2.0 | 2.0 | 778 | $1,850 | $2.38 | 8d | 1 | 1.05mi |
| 4800 Boardwalk Ventnor City, NJ | 2.0 | 2.0 | 1195 | $1,775 | $1.49 | 33d | 2 | 1.05mi |
| 4800 Boardwalk Ventnor City, NJ | 1.0–2.0 | 1.5–2.0 | 789 | $1,650 | $2.09 | 37d | 2 | 1.05mi |
| 1710 Atlantic Ave Apt A Atlantic City, NJ | 2.0 | 1.0 | 600 | $4,500 | $7.50 | 162d | 1 | 1.06mi |
| 190 S Kentucky Ave Atlantic City, NJ | 1.0–2.0 | 1.0–2.0 | 780 | $1,600 | $2.05 | 1d | 1 | 1.14mi |
| 10 S New York Ave Unit 2-C Atlantic City, NJ | 1.0 | 1.0 | 550 | $1,650 | $3.00 | 10d | 1 | 1.21mi |
| 10 S New York Ave Unit 3-A Atlantic City, NJ | 2.0 | 2.0 | 600 | $2,350 | $3.92 | 10d | 1 | 1.21mi |
| 5101 Ventnor Ave Unit 2 Ventnor City, NJ | 2.0 | 1.0 | 1000 | $1,800 | $1.80 | 10d | 1 | 1.26mi |
| 16 N Hillside Ave Unit 2ND Ventnor City, NJ | 2.0 | 1.0 | 1100 | $2,000 | $1.82 | 8d | 1 | 1.31mi |
| 5200 Boardwalk Unit 10A Ventnor City, NJ | 1.0 | 2.0 | 1104 | $21,000 | $19.02 | 154d | 1 | 1.32mi |
| 19 S Weymouth Ave Apt 1A Ventnor City, NJ | 2.0 | 1.0 | 1000 | $1,995 | $2.00 | 51d | 1 | 1.32mi |
| 19 S Weymouth Ave Ventnor City, NJ | 2.0 | 1.0 | 1000 | $1,895 | $1.90 | 10d | 1 | 1.32mi |
Property features AI
Finance
- Other
- Unit allows petsOutside amenities include boardwalk access
- HOA & community
- Monthly association fee of $908Association covers amenities, sewer, trash, water, hot water, and poolOn-site professional managementBuilding amenities include clubhouse/clubroom, elevator, pool, sauna, whirlpool/spa, cable TV
Exterior
- Parking
- One-car garage (see remarks)No exterior parking
- Utilities
- Public waterPublic sewer
- Home design
- Condo unit in Ocean Club 1Single-level unitUnit faces water
- Construction
- Building over 25 years oldBuilding with 11+ stories
- Exterior features
- Waterfront locationBeach block and boardwalk front/areaWater viewOutside showerEnclosed/covered porch
Interior
- Kitchen
- DishwasherElectric stoveSelf-cleaning ovenMicrowaveRefrigerator
- Bedrooms
- 5 total rooms (includes living spaces and bedrooms)
- Bathrooms
- 1 full bathroom1 half bathroom
- Heating & cooling
- Central air conditioning (electric)Electric heating with forced air and heat pump
- Interior features
- BlindsOther features noted in remarks
- Laundry & utility
- WasherDryer
HOA detail $908/mo · $10,896/yr condo
- Likely covers
- waterpoolgym
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
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2026-11-08days on market $184,900 Active 58 DOM
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2026-11-07days on market $184,900 Active 57 DOM
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2026-11-06days on market $184,900 Active 56 DOM
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2026-11-05days on market $184,900 Active 55 DOM
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2026-11-04days on market $184,900 Active 54 DOM
-
2026-11-02days on market $184,900 Active 52 DOM
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2026-11-01days on market $184,900 Active 51 DOM
-
2026-10-31days on market $184,900 Active 50 DOM
-
2026-10-30days on market $184,900 Active 49 DOM
-
2026-10-29days on market $184,900 Active 48 DOM
-
2026-10-28days on market $184,900 Active 47 DOM
-
2026-10-27days on market $184,900 Active 46 DOM
-
2026-10-26days on market $184,900 Active 45 DOM
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2026-10-25days on market $184,900 Active 44 DOM
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2026-10-24days on market $184,900 Active 43 DOM
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2026-10-23price $184,900 Active 42 DOM
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2026-10-23days on market $189,000 Active 42 DOM
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2026-10-22days on market $189,000 Active 41 DOM
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2026-10-21days on market $189,000 Active 40 DOM
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2026-10-20days on market $189,000 Active 39 DOM
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2026-10-19days on market $189,000 Active 38 DOM
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2026-10-18days on market $189,000 Active 37 DOM
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2026-10-17days on market $189,000 Active 36 DOM
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2026-10-16days on market $189,000 Active 35 DOM
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2026-10-15days on market $189,000 Active 34 DOM
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2026-10-14days on market $189,000 Active 33 DOM
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2026-10-13days on market $189,000 Active 32 DOM
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2026-10-12days on market $189,000 Active 31 DOM
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2026-10-11days on market $189,000 Active 30 DOM
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2026-10-10days on market $189,000 Active 29 DOM
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2026-10-09days on market $189,000 Active 28 DOM
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2026-10-08days on market $189,000 Active 27 DOM
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2026-10-07days on market $189,000 Active 26 DOM
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2026-10-06days on market $189,000 Active 25 DOM
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2026-10-05days on market $189,000 Active 24 DOM
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2026-10-04days on market $189,000 Active 23 DOM
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2026-10-04days on market $189,000 Active 22 DOM
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2026-10-02days on market $189,000 Active 21 DOM
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2026-10-01days on market $189,000 Active 20 DOM
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2026-09-30days on market $189,000 Active 19 DOM
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2026-09-29days on market $189,000 Active 18 DOM
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2026-09-28days on market $189,000 Active 17 DOM
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2026-09-27days on market $189,000 Active 16 DOM
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2026-09-26days on market $189,000 Active 15 DOM
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2026-09-25days on market $189,000 Active 14 DOM
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2026-09-24days on market $189,000 Active 13 DOM
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2026-09-24days on market $189,000 Active 12 DOM
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2026-09-22days on market $189,000 Active 11 DOM
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2026-09-20days on market $189,000 Active 9 DOM
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2026-09-19days on market $189,000 Active 8 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Nearby sold comps map
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Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $24,539
- − Mortgage interest
- −$10,357
- − Property taxes
- −$2,774
- − Insurance
- −$924
- − Repairs & maintenance
- −$1,963
- − Management
- −$1,963
- − HOA
- −$10,896
- − Depreciation
- −$5,379
- Taxable loss
- −$9,718
- Est. tax savings @ 24.0%
- +$2,332
- After-tax cash flow
- $-4,512/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
This move-in ready 1-bedroom, 1.5-bath condo at Ocean Club offers a good condition with minimal updates needed for a fresh, modern look.
Value-add opportunities
- Both Painting exterior and interior walls — Fresh paint enhances curb appeal and interior aesthetics ↑
- Both Updating flooring with modern tiles — Modern tiles improve aesthetics and are easier to maintain ↑
- Both Upgrading kitchen appliances — Modern appliances enhance functionality and appeal ↑
- Both Renovating bathrooms with updated fixtures — Updated bathrooms improve functionality and aesthetics ↑
- Both Installing smart home technology — Smart home technology enhances convenience and energy efficiency ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Atlantic City School District
- NCES district ID
- 3400960
- Math proficiency
- 9% ▼ -12.00%
- Reading proficiency
- 26% ▼ -6.00%
- Median HH income
- $27,842
- Composite
- 13.66/100
- National rank
- #9504
- State rank
- #454 of 472 in NJ
Livability — Atlantic City
- Score
- 55/100
- State rank
- #525
- US rank
- #23095
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Atlantic City, NJ
- County
- Atlantic County · 268,948 people
- City population
- 38,925
- Metro
- Atlantic City-Hammonton, NJ
- Population (ZIP)
- 38,925
- Household income
- $41,126
- Rent vs Own
- Severe rent burden
- 13% of renters
Population outlook (Atlantic County) Hauer SSP2
- Today (2025)
- 268,948 people
- By 2030
- 264,497 · -1.7%
- By 2040
- 252,261 · -6.2%
- By 2050
- 237,846 · -11.6%
- By 2075
- 210,650 · -21.7%
- By 2100
- 180,234 · -33.0%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Highly diverse neighborhood (Simpson 0.75)
- Race & ethnicity
- Hispanic / Latino 32% Black 32% Asian 16% White 16% Two or more races 11% Native American 2%
- Hispanic origin (detail)
- Mexican 10% Puerto Rican 8% Dominican 8%
- Languages at home
- 52% English-only · Spanish 30% Other Indo-European 8% Vietnamese 3%
Political lean MEDSL · Atlantic
- 2024 margin
- Toss-up / Even · D 47.7% · R 50.7% · Other 1.6%
- 2008→2024 swing
- -18.1pp toward R · 2008: 15.1pp · 2024: -3.0pp
- All cycles
- 2024: R+3.0 2020: D+6.7 2016: D+6.2 2012: D+17.2 2008: D+15.1
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -26.82%
- Current HPI
- 353.7827
- Rent YoY
- ▲ 5.52%
- Metro
- Atlantic City-Hammonton, NJ
- State GDP YoY
- ▲ 2.05%
- F500 in state
- 34
Industry mix (Fortune 500 HQ in NJ)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Consumer Goods | 3 | $31B |
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| Pharmaceuticals | 2 | $153B |
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| Technology | 2 | $21B |
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| Insurance | 2 | $20B |
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| Healthcare | 2 | $19B |
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| Financial Services | 1 | $70B |
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Price history
+0.0% since first listed4 events — show timeline
- 2026-09-11 Listed $189,000 SJSRMLS
- 2026-07-08 Sold (MLS) $180,000 SJSRMLS
- 2026-06-08 Contingent — SJSRMLS
- 2026-06-06 Listed $189,000 SJSRMLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…