About This Home

This 4-bedroom, 2-bathroom single family at 1430 Penrose Ave in Atlantic City, NJ is listed for $320,000. Built in 1900, on a N/A lot.

Key Features

  • Built in 1900

Property Details

1 full, 1 half
1900

Amenities

HardwoodA/C
Listing Description

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.

Monthly Cost Estimate

$1,711/mo

20% down · 6.5% · 30 years

Principal$231
Interest$1,387
Insurance$93

Estimates only. Actual payments may vary.

Location

1430 Penrose Ave

Atlantic City, NJ 08401

Features & Amenities

Exterior Features

DeckFenced YardPorch

Property Details

Flooring

Hardwood

Outdoor Features

DeckPorch

Heating

Natural GasBaseboard

Cooling

Window Unit(s)

Appliances

DisposalDryerGas StoveMicrowaveRefrigeratorWasher

Questions & Answers

This 4-bedroom, 2-bathroom single family at 1430 Penrose Ave is listed at $320,000. The estimated monthly payment is $1,711 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900. Exterior Features: Deck, Fenced Yard, Porch.

This property is listed by ERIK EWELL.

EE

ERIK EWELL

Agent at LPT Realty

Listed by LPT Realty · Broker phone: 8773662213 · View on Broker Site

MLS# 611888· Source: South Jersey Shore Regional MLS· 47 days on PropertySimple

Copyright © 2026 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.

1430 Penrose Ave, Atlantic City, NJ 08401

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