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2521 Centennial Ave, Atlantic City, NJ, 08401

2beds
2baths
814sqft
$225,000
$276price/sqft
$1,924/moest. monthly cost
$76,960/yrincome needed

About This Home

Recently renovated duplex located in the heart of Atlantic City. You can live in one unit and rent out the other, or rent out both for investment income. Before the renovations, each unit was rented for $650 per month. This property presents a fantastic opportunity for additional income as an Airbnb. It is within walking distance of the Tropicana, as well as numerous restaurants and businesses. Additionally, it is less than a mile from the bus and train stations and only three blocks from the boardwalk and beach.

Getting Around

88
WalkingVery Walkable
55
TransitGood Transit
59
BikeBikeable

Schools

4/10
1/10
Atlantic City High SchoolGrades 9-121.9 mi

Construction

Materials

  • Construction materials: Vinyl

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex

Interior

Appliances

  • Appliances included: Gas Stove,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 814
  • Total interior livable area: 814 sqft

Property

Details

  • Parcel number: 37

Lot

  • Lot size: 893 sqft
  • Lot size dimensions: 23.5 x 38

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Strong Wind
Winter Weather
Cold Wave
Hurricane
Inland Flooding
Lightning
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,137$13,644
Home Insurance *$246$2,952
Property Taxes $348$4,176
Electricity $193$2,318
Total$1,924$23,088
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$65,965/yr
40% on housing$57,720/yr
45% on housing$51,306/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.6%
-2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$276This listing

vs Other Active Listings

Avg $/sqft

ZIP 08401$173
Atlantic County$265

vs Homes Sold Last Month

Median $/sqft

ZIP 08401$173
Atlantic County$228

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-07Listed for sale$225,000
2025-12-05Listed for rent$1,400
2024-08-08Listing removed--
2024-06-06Listed for rent$1,400
2022-05-27Sold$150,000
2021-10-15Sold$85,000
2021-08-02Sold$85,000
2021-06-08Pending sale$87,000
2020-09-19Price change$87,000
2020-07-03Price change$89,000
2020-03-23Price change$94,000
2020-03-13Listed for sale$89,000
2017-02-08Sold$34,000
2016-09-06Pending sale$50,000
2016-08-21Listed for sale$50,000
2014-08-01Listing removed$59,000
2013-07-06Listed for sale$59,000
2000-06-23Sold$43,000
1998-05-18Sold$40,000

For Sale by Agent

AgentGORAN CEDEVSKI
BrokerageBHHS FOX and ROACH-Northfield

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