Atlantic City at 1430 Penrose Ave, Atlantic City
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19 photos

$320,000

1430 Penrose Ave
Atlantic City, NJ 08401
Bedrooms
4
Bathrooms
1.5
Living area
1,400 sqft
Year built
1900

About this home

Welcome to Penrose Place in Venice Park! Only a short distance to the beach, enjoy coastal living. This beautiful 4-bedroom home offers the perfect blend of a relaxed beachside lifestyle and a proven, turnkey investment. Located in the desirable, waterside community of Venice Park in Atlantic City, this property is a fantastic opportunity for primary buyers, second-home seekers, or savvy investors looking for immediate cash flow. The property already operates as a successful short-term rental, averaging $275/night during the peak summer months. This versatile home is ready for its next chapter.

Property details

MLS #
611888
Property type
Atlantic City
Subdivision
N/A
Status
Active
Days on market
15
On market date
September 14, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Dr Martin Luther King Jr School Complex
0.79 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
545
Student:teacher ratio
10.5:1
District
Atlantic City School District
Middle
Ventnor Middle School
3.58 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
223
Student:teacher ratio
6.6:1
District
Ventnor City School District
High
Atlantic City High School
1.71 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,724
Student:teacher ratio
11.8:1
District
Atlantic City School District

Walkability

Blended score for Atlantic City's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

83
Highly walkable
out of 100
EPA National Walkability Index
16.2 / 20 -- Most walkable
Google Places amenity density
85 / 100
Restaurants & cafes20
Grocery stores2
Parks6
Schools5
Transit stops20
Pharmacies1

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$2,077/mo
$64,000 down
$256,000 loan
Principal & interest$1,660
Property tax (est.)$267
Home insurance (est.)$150

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Data source: Listing information provided by SJSR via Trestle/CoreLogic. Last updated 15 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.