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712 Magellan Ave, Atlantic City, NJ, 08401

4beds
2baths
1,100sqft
$334,000
$304price/sqft
$2,764/moest. monthly cost
$110,560/yrincome needed

About This Home

Discover contemporary living in this newly renovated, four-bedroom, two-bathroom home nestled in the vibrant Bungalow Park neighborhood. This semi-attached house has been transformed top to bottom in 2023 with all new plumbing, electrical, HVAC, and more, presenting an open floor plan that radiates modern charm. Entertaining is a breeze in the spacious kitchen, boasting stainless steel appliances, sleek cabinetry, and stylish countertops. Step outside to your private backyard oasis, featuring outdoor furniture, a grill, and a NEW private Hot Tub - perfect for relaxing or hosting lively gatherings. Thoughtfully designed for convenience and style, the property includes a second-level laundry area with a brand-new washer and dryer. Parking is made easy with a private driveway and ample street parking. Located a block from life-guarded beaches, the famed Atlantic City Boardwalk, the Aquarium, and numerous fishing spots, every day feels like a vacation. Not just a beach haven, the home is moments from premier shopping at Tanger Outlets, top-rated dining, nightlife, and cultural landmarks like the Absecon Lighthouse and Historical Gardner’s Basin. Ideal for those looking for an investment or a picturesque living space, this turnkey property offers potential rental income and property management services. Embrace a lifestyle of convenience and luxury, with stunning sunsets over the bay that remind you – life doesn’t get much better than this!

Getting Around

50
WalkingCar-Dependent
38
TransitSome Transit
81
BikeVery Bikeable

Schools

Construction

Materials

  • Construction materials: Brick,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Gas Stove,Microwave,Refrigerator,Self Cleaning Oven,Washer

Basement

  • Basement: Crawl Space

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Carbon Monoxide Detector,Eat-in Kitchen,Pantry
  • Flooring: Wood

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,100
  • Total interior livable area: 1,100 sqft

Property

Details

  • Parcel number: 11

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Deck
  • Exterior features: Deck,Fenced Yard,Shed,Whirlpool/Spa
  • Has spa: Yes
  • Spa features: Whirlpool/Spa
  • Fencing: Fenced
  • Waterfront features: Boardwalk Area

Lot

  • Lot size: 2,544 sqft
  • Lot size dimensions: 24 x 106

Parking

  • Total spaces: 3
  • 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

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

How This Home’s Risks Compare

Strong Wind
Coastal Flooding
Hurricane
Inland Flooding
Winter Weather
Cold Wave
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 $1,688$20,256
Home Insurance *$366$4,392
Property Taxes $517$6,204
Electricity $193$2,318
Total$2,764$33,168
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$94,765/yr
40% on housing$82,920/yr
45% on housing$73,706/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

$304This listing

vs Other Active Listings

Avg $/sqft

ZIP 08401$172
Atlantic County$264

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
2026-04-02Price change$339,000
2026-02-24Listed for sale$349,000
2025-04-04Listing removed$364,900
2025-04-02Price change$364,900
2025-03-21Price change$369,000
2025-03-07Price change$379,000
2025-02-04Price change$389,000
2025-01-09Listed for sale$399,000
2024-10-26Listing removed$3,500
2024-09-20Listed for rent$3,500
2023-11-29Listing removed--
2023-09-12Listed for rent$2,400
2023-09-02Listing removed--
2023-08-17Listed for rent$3,995
2023-05-31Sold$285,000
2022-10-21Listing removed--
2022-10-05Listed for sale$299,900
2019-07-23Sold$35,000
2019-04-09Price change$51,000
2019-03-08Price change$55,000
2019-03-06Price change$56,000
2019-02-17Price change$55,000
2018-12-06Listed for sale$56,000

For Sale by Agent

AgentGERARD (Jerry) BARKER
BrokerageWEICHERT REALTORS ASBURY GROUP-AC

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