318 MADISON AVE, ATLANTIC CITY, NJ

318 MADISON AVE, ATLANTIC CITY, NJ

318 MADISON AVE is Block 118, Lot 1.04 in Atlantic City, NJ.
Aerial view of 318 Madison Ave, Atlantic City, NJ
Aerial view of 318 Madison Ave. Imagery: NJ Office of GIS (2020), public domain.
$114,000
Total assessed value
$4,447
Annual property tax (2025)
~$178,811
Est. market value
Estimated market value: ~$178,811. This home is assessed at $114,000, and homes in Atlantic City are assessed at about 64% of market value on average (NJ Division of Taxation, 2025) — so the estimated market value is roughly ~$178,811.

What's this home worth today?

Our estimate above (~$178,811) uses Atlantic City's average assessment-to-market ratio. For a home-specific estimate that factors in 318 Madison Ave's condition, upgrades, and recent nearby sales, get a free current market valuation.

318 MADISON AVE is a Residential (4 Families or less) property with 1104 sq/ft of space. Taxes are $4,447 annually. This property was built in 1990 and is owned by VC IV LLC who lives at 126 N NEW HAMPSHIRE AVE. This property was last sold on 2021-05-19 for $135,000. This property is valued at $122 per sq/ft based on sales price. This property is valued at $103 per sq/ft based on total assessment. This property is zoned NEIR, The building description is F2S and land description is 20X48.75.

Block Lot Qual
118 1.04  
Owner Owner Address Owner City/State/Zip
VC IV LLC 126 N NEW HAMPSHIRE AVE ATLANTIC CITY, NJ 08401
Property Class Square Ft Year Built
2 - Residential (4 Families or less) 1104 1990

Last Sold
318 MADISON AVE, ATLANTIC CITY, NJ

Year Sold Sales Price
2021-05-19 $135,000

Assessments
318 MADISON AVE, ATLANTIC CITY, NJ

20
22
Total assessed value by year Land Building
Year Owner Land Assessment Building Assessment Total Assessment Exemption Assessed
2022 VC IV LLC $32,800 $81,200 $114,000 $0 $114,000
2020 HARBOUR POINTE PROPERTIES, LLC $32,800 $81,200 $114,000 $0 $114,000

The property-related information for 318 MADISON AVE, ATLANTIC CITY, NJ displayed on this page is obtained from public records from ATLANTIC CITY, NJ and other sources. While such information is thought to be reliable, it is not guaranteed and should be independently verified. njtaxrecords.net makes no warranties or representations whatsoever regarding the quality, content, completeness, accuracy or adequacy of such information and data. We last updated our database for 318 MADISON AVE, ATLANTIC CITY, NJ from public sources on 2022-12-19 06:03:08 UTC.