Atlantic City NJ Multi Family for Sale
ADDITIONAL INFORMATION
Investment opportunity knocking!! 2 commercial stores with 5 apartments above it. Ground floor commercial units are occupied and Two out of the Five residential units are occupied so you can put new tenants in at todays rental rates! Be part of the redevelopment that has been going on in the up and coming Tennessee Avenue. Easy to show and seller is motivated!
ADDITIONAL INFORMATION
Duplex~1st floor commercial. Previous takeout restaurant. 2nd floor, 2BR/1B unit with private entrance. Unit features living room, 2 bedrooms, eat-in kitchen and 1 full bath. Front/rear access. Great opportunity for owner operator or investor. Central location. Close to beach/bay, casinos, expressway and local restaurants.
ADDITIONAL INFORMATION
Presenting a unique NEW CONSTRUCTION opportunity in Atlantic City. This gem features an impeccable duplex property located at 21 N Sovereign Ave. in AC, on an oversized lot of 28X100. Imagine living in your own brand new, never before lived-in home for 599K!! Live, invest, spend your summers, weekends or retire without breaking the bank. There are so many ways to enjoy and monetize this property. Live in one unit and rent the other. Condo conversion. Rent both units. Airbnb. 2-family living. The possibilities are endless. Each unit features 3 bedrooms (1 en-suite) 2 full baths with a spacious format of 1140 ft.² ( that's 2280 ft.² total) of air conditioned space. Rounded out with a front deck, off-street parking and an oversized backyard. Centrally located and within walking distance to the boardwalk, beach, bay, Boardwalk Hall, Tropicana Casino, The Walk Outlets, and iconic dining like Café 2825, Angelo's, White House, Doc's and the Knife and Fork. This is Atlantic City living at its finest. Some of the new features include but are not limited to: Luxury vinyl flooring throughout, granite countertops, exterior vinyl fencing, tankless hot water heater, central air conditioning, irrigation system, 6 foot crawl space for plenty of storage, natural gas, garbage disposal, front deck, stainless appliances, washer/dryer, outdoor shower and 2 car off street parking. Atlantic City is one of the best beach towns in the United States to buy a home for the second year in a row, a study from Realtor.com finds. There's also a five year tax abatement for new construction. Be sure to inquire about the special financial programs Atlantic City is offering. Estimated completion date is first quarter 2025.
$253,000
1406 Madison Atlantic City, NJ 08401
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 2,250 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 589967
ADDITIONAL INFORMATION
Presenting an exceptional legal duplex in Atlantic City's Venice Park, featuring two units that offer an outstanding investment opportunity. The main unit, situated upstairs, showcases two main-floor bedrooms and a third-floor loft or bedroom, with potential yearly rent in the $2,000-$2,500 range. This unit has been partially renovated, with further updates in progress. Step outside to enjoy the new front porch, a deck at the rear of the house, and a brand-new terrace/porch on the 3rd floor. Not to mention adding new HVAC systems, new siding, and roof, with three sky windows on each floor of the home. On the ground level, Unit 1 is framed for a two-bedroom apartment with a kitchen and one bath. It awaits your personal touch to complete partial renovations throughout. With the potential to fetch in the $1,700 range per month in rent, this presents an exciting opportunity for a savvy investor. Selling as is. The buyer is responsible for obtaining the Certificate of Occupancy (CO) and any other certifications required for closing.
ADDITIONAL INFORMATION
Opportunity Abounds!! (1) two BR Apartment, (1) One BR Apt, (9) Garages & 60' x 100' Riparian Grant directly across the street. Zoned Marine Commercial Redevelopment Zone. Up-grade existing property, tear down and build your dream house or go commercial. Possibilities are endless. Call LB for additional details.
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- NJAC2014302
ADDITIONAL INFORMATION
INVESTORS, INVESTORS! Come check out this 3-story duplex 1.5 blocks from the beach, located in the lower Chelsea area and close to Ventnor. BUY NOW so you can be ready for summer 2025. Two of the bedrooms upstairs give access to the balcony allowing you to have ocean views or just relax and enjoy the sun and get that perfect tan for the summer. The upper unit has 4 bedrooms, and 3 full bathrooms and it's very spacious. So there is plenty of room for the family and everyone can enjoy their space. The lower unit has 3 bedrooms and 1 full bath. The lower unit needs to be renovated and the upper unit needs some updating. Both units have separate gas meters, electric meters, and mechanicals. The backyard is fenced for privacy. You also have off-street parking that can accommodate 2 vehicles plus a 1 car detached garage, so parking is private and convenient. This DUPLEX will make a great investment for the lucky buyer. If you are looking for a multifamily home, located in a desirable neighborhood then this property is perfect for you. CALL NOW to schedule your private showing.
ADDITIONAL INFORMATION
Quadplex with four-two bedroom units located in Bungalow Park on the corner of Adriatic and N. NJ Aves. Prime location for landlords since its surrounded by the Ocean Casino, Showboat, Waterpark, Hardrock, Steel Peir, Resorts, Margaritaville, Golden Nugget, Farleys Marina, Borgata, MGM, Harrahs, Gardners Basin, Backbay Ale House, Absecon Lighthouse, Little Water Distillery, the Seed Brewery and of course the Atlantic Ocean, Jersey Shore Beaches and the worlds most famous Boardwalk to ensure that there will never any shortage of paying tenants! Each unit has seperate Gas, Electric, and cable so the tenants can all pay their own utilities. Plenty of street parking on Adriatic and NJ aves. Income and Expenses are available to qualified buyers. There is one vacancy at the time of this lsiting, the three occupied units are all on Section 8.
ADDITIONAL INFORMATION
OWNER SAYS SELL NOW!!! LEGAL TRIPLEX IN A FABULOUS LOCATION!!! WONDERFUL TENANTS MAKE THIS A SURE BET FOR INVESTMENT OR THE OWNER CAN OCCUPY ONE OF THESE GREAT 2 BEDROOM UNITS EACH FLOOR. property in good condition and all up to code. Easy to show with notice. Owner pays heat. CALL NOW!
$599,000
55 S Elberon Atlantic City, NJ 08401
ADDITIONAL INFORMATION
Huge Duplex in Lower Chelsea featuring 6 bedrooms and 4.5 baths in the main unit with 2 bedrooms and 2 bath on the ground level unit. Take advantage of this great income producing property. This well cared for home features an expansive living room and dining room with high ceilings, fireplace, large covered front porch, and long concrete driveway. New vinyl flooring, updated kitchen and appliances and a new roof in 2019. Walking distance to the beach and boardwalk and conveniently located near public transportation, casinos, and restaurants. Perfect for Air BnB!!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.05 Acres
- Baths:
- 3.00
- MLS#:
- 3923045
View additional info
Courtesy: HYVEST REALTY
732-908-7223
ADDITIONAL INFORMATION
Fully renovated, turn key 3 unit rental. Great location investment property for investors and/or first time buyers opportunity. Has a detached garage and its own gated driveway. Unfinished basement, new mechanicals, and appliances. Property just completed renovation August 2024. Close to Tropicana and other casino hotels. Easy access to highways. Currently vacant and ready to rent out.
ADDITIONAL INFORMATION
3 stories Duplex, close to shopping, restaurants, and transportation 1st floor 4 bedrooms 1 living an dining 1 full bathroom an kitchen. 2nd floor 2bed room 1 living 1 full bathroom and eat in kitchen. Property is in good conditions, sales " As Is " condition Come and see this today wont last long
- Type:
- Single Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- NJAC2013830
ADDITIONAL INFORMATION
"This property has tremendous potential! Located in Bungalow Park, this expansive corner duplex has much of the work already completed. The main house, located upstairs, boasts a large enclosed front porch, four bedrooms, and two bathrooms. It features a spacious living room, a large formal dining room, a galley kitchen with a breakfast nook, and 2 generously sized upstairs (attic style) bedrooms with a full bathroom and abundant closet and storage space. The main floor includes the remaining two bedrooms, a full bathroom, and a large outdoor deck. The bottom unit is a well-maintained 2-bedroom, 1-bathroom apartment currently occupied by a month-to-month tenant. The property includes three additional lots and is being sold strictly 'AS IS,' with the buyer responsible for obtaining any necessary occupancy permits and certificates."
- Type:
- Duplex
- Sq.Ft.:
- 2,352
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.08 Acres
- Year built:
- 1900
- Baths:
- 1.00
- MLS#:
- 22424186
View additional info
Courtesy: Elite Team Realty, LLC
609-978-8748
Pamela Garrett
ADDITIONAL INFORMATION
ATTENTION INVESTORS!!!! Are you seeking ''TURN KEY'' Residential income generating property? Then,this may be a PERFECT fit for you! PRICED to SELL, this recently renovated Duplex is included in the robust Property Portfolio of 11 income generating properties; 719, 1019, 1104 & 1106, 1102, 1261 N Ohio Ave, 901 Keener Ave, 610 & 1129 Drexel Ave, Duplex 2017 (& 2019) Caspian Ave, Atlantic City, NJ are awaiting the savvy Investor! A quick drive to beaches, shopping, casinos and dining! Centrally located to A/C Expressway, GS Parkway and NJ Route 9 & 30! GREAT opportunity for long term residential or short term/Seasonal rentals! ''Renovate and flip'' potential as well! CHECK OUT this AMAZING opportunity! Reach out TODAY!
ADDITIONAL INFORMATION
Rehab GRANT money may be available through NJEDA! BEACH BLOCK - TENNESSEE AVE - in the heart of the ORANGE LOOP PROJECT and located within the NJ Opportunity Zone and the Atlantic City Tourism District!! Zoned RS-C. This is a perfect project for up and coming investors. Located between the Beer hall and the beach and boardwalk with great potential. First floor needs to be converted to commercial space, parking or storage, second floor 2bdrm apartment can stay, the top two floors would need to be converted to 1 or 2 more residential apartments, or convert all three upper floors into one large luxury home. Location has major Air bnb potential in the up and coming nightlife block in AC. Could also be torn down to a lot and used for your own vision. As-is Sale ONLY, Bldg is entirely vacant. Buy now with a few Bitcoins or ask about Private Financing Available Starting at 10%, Bldg is Vacant.
$599,999
46 S Elberon Atlantic City, NJ 08401
ADDITIONAL INFORMATION
Southside Legal Duplex in Lower Chelsea! This 1,900 sq/ft Duplex has been wonderfully maintained over the years. Basement-level 2 bedroom, 1 bath apartment has been recently renovated with new carpeting, paint, and appliances. Upstairs 'main level' unit features 6 bedrooms and 2 full baths. Spacious and open (big bedrooms!), and well maintained. Just 1.5 blocks to the famous Atlantic City beaches and boardwalk, and located in the awesome Lower Chelsea section of Atlantic City. Possibilities include renting both units out, live in one unit and rent the other, AirBnb, or use as Single Family home. Call today for more info.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1890
- Baths:
- MLS#:
- 588088
ADDITIONAL INFORMATION
This is a great location. This has many possible uses for a serious investor who is experienced with boarding house and wants a rehabbed property, with a 2/1 apartment on the first floor, 7 rooms plus a bathroom and shower on second floor and 4 rooms plus a bathroom and shower on the third floor. Plenty of options.
ADDITIONAL INFORMATION
CASH FLOWING 5-UNIT APARTMENT BUILDING only a couple of blocks from the Beach on the Ventnor side of Atlantic City! Instant cash flow in a great area of the City where your occupancy rate will be incredibly high with the proximity to the water and other amenities. All CCOs & 5 year state inspection are in hand. Owner recently made major updates to the property and increased rents to market rent, making this a turnkey opportunity for your portfolio. The 2 units in the photos were empty at the time photos were taken, but will be filled prior to settlement. The other 3 units are currently filled and are of similar condition. The pro forma rent roll is $103,200.00 annually in gross rent revenue, $8,600.00 per month. Tenants pay their own electric. Owner pays Insurance, Taxes, Water/Sewer, and Gas. Pro Forma NOI comes to $76,333.00, making the pro forma Cap Rate 8.98% at the listing price, phenomenal for a property this close to the ocean! This property's appreciation value proposition is immense due to its proximity to Ventnor Beach, Stockton University, and Richmond Avenue School in AC. Enjoy the prospect of cash flow on day 1, high occupancy rates, and appreciation potential that this property offers.
ADDITIONAL INFORMATION
Charming Multi-Use Duplex in Historic Old Atlantic City Are you searching for a remarkable investment opportunity or a unique residence just a block and a half from the beach? Look no further! This classic multi-use duplex embodies the timeless charm of old Atlantic City, offering endless possibilities for both living and investment. The lower level has 2-bedroom, 1-bath apartment ideal for comfortable living. Use as a primary residence or as a rental unit or both. The upper Level: A spacious area with 4 or potentially 5 bedrooms and 3 baths, providing ample space for large families or additional rental income. There is a back yard patio that lends itself to outdoor cookouts or workouts or to just enjoy warm summer nights in the comfort of your back courtyard retreat. Whether you choose to reside in the lower unit and rent out the upper level, or live upstairs and lease the lower unit, this property offers flexibility and potential. Itâ??s also a prime candidate for Air b n b or long-term rentals, appealing to casino workers, Stockton University students, or anyone seeking a beach-side retreat. This home is loaded with historic charm and character of "Old AC" with custom woodwork and a grand staircase that speaks to the quality and craftsmanship of yesteryear. Built over 109 years ago, this duplex is a testament to enduring construction and style. This property is a blank canvas awaiting your vision. Embrace the chance to restore and rejuvenate this classic gem. Explore renovation loans and city programs that may offer financial assistance in revitalizing this historic treasure. For more information on Chelsea Economic Development Corporation https://www.chelseaedc.org/aboutus This duplex isn't just a property; it's a piece of history with the promise of future success. If youâ??re ready to invest in a timeless piece of Atlantic City, come see this unique opportunity and imagine the possibilities. Reach out to your local lenders and city officials to discover how you can bring this masterpiece back to its full glory. Donâ??t miss out! schedule your viewing today and experience the best of old Atlantic City!
- Type:
- Townhouse
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.03 Acres
- Year built:
- 1920
- Baths:
- MLS#:
- NJAC2013458
ADDITIONAL INFORMATION
This charming duplex located in the heart of Atlantic City offers a unique chance to own a piece of the city's rich history. The property features two modern size units, each with its own unique character and charm. Each unit offers 2 bedrooms, 1 bathroom, outside patio in each unit, and both rented with endless opportunities.
ADDITIONAL INFORMATION
Welcome to your dream home at 124 S Ocean Ave, Atlantic City, NJ 08401 â?? a remarkable rental opportunity that combines beachside living with modern luxury. This exquisite 4-story beach block home is located just one street away from the vibrant and newly revitalized South Tennessee Avenue, placing you within walking distance to some of the trendiest eateries, entertainment spots, and local attractions in Atlantic City. Legally zoned as a duplex, this property offers a unique opportunity to generate extra income. Whether you live in one unit and rent out the other or capitalize on the booming Airbnb market, the possibilities are endless. Situated just a short walk from the famous Atlantic City beach, this home provides unparalleled access to sun, sand, and surf, making it a highly desirable rental property for vacationers and long-term tenants alike Expansive Living Space: This home boasts 5 generously sized bedrooms and 3 full bathrooms, offering ample space for family, friends, and guests. The thoughtfully designed layout ensures privacy and comfort for everyone. Experience the perfect blend of historic charm and contemporary living with brand-new flooring throughout, a state-of-the-art hot water heater, and all-new, high-end appliances that cater to your every need. The property includes a dedicated laundry room for your convenience and a full basement providing abundant storage space or potential for additional living areas. Breathtaking Views: Ascend the convenient staircase to the 4th-floor deck and be captivated by the stunning panoramic views of Atlantic City and the sparkling Atlantic Ocean â?? an ideal spot for relaxation or entertaining guests.Dining and Entertainment: Enjoy the convenience of being close to South Tennessee Avenue's finest dining options, including trendy eateries, cafes, and bars that cater to all tastes and preferences. Benefit from nearby shopping centers, boutiques, and essential services, all within easy reach, ensuring you have everything you need at your fingertips. Excellent public transportation options make commuting and exploring Atlantic City and beyond a breeze. This property is more than just a house â?? it's a lifestyle. 124 S Ocean Ave offers an unparalleled combination of space, location, and modern amenities, perfect for large families, investors, or those seeking a luxurious beachside retreat. The opportunity to generate additional income through its duplex zoning adds significant value, making this an exceptional investment. Don't miss out on the chance to own a piece of Atlantic City's vibrant beach community. Schedule a viewing today and experience the unique charm and modern elegance of this remarkable home.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.06 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- NJAC2012522
ADDITIONAL INFORMATION
Calling all Investors! Multi-family property with 3 rented units. 3 Units already rented out. Basement unit has 3 Bedrooms 1 Full bathroom and kitchen. First floor unit has 1 bedroom 1 full bathroom and kitchen. Largest unit on the first and second floor has 4 bedrooms 1.5 bathrooms, living room, dining room, kitchen and laundry. Two permit parking spaces and 2 driveway parking spaces. One block away from the boardwalk. Book your tour today!
ADDITIONAL INFORMATION
Welcome to this multi-family with tremendous investment opportunity located only a block from the beach! This 5-plex has separate meters and utilities, for each unit. Close to all the best attractions including Ducktown Tavern, Docks Oyster House, Tanger Outlets and many casinos with transportation nearby. This is an "as is" sale, presenting an incredible investment opportunity or to make this property your own. The property offers three spacious 2-bedroom, 1-bathroom units, one sizable 4-bedroom, 1-bathroom unit and one cozy 1-bedroom, 1-bathroom unit. 2 units are currently occupied, 3 Vacant. Buyers will be responsible for obtaining any necessary Certificates of Occupancy (COs) and any repairs needed to obtain certs. Don't miss out on this excellent investment opportunity!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1900
- Baths:
- MLS#:
- 585140
ADDITIONAL INFORMATION
For all investors 4 units apartments, well maintained, fully occupied, big yard and large deck. All separate utilities. Close to the boardwalk, shopping, and to the Stockton University. Great income! 10% cap rate.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 584915
ADDITIONAL INFORMATION
Price Reduction of $149,000. Now being offered at $850,000. Not gonna last long! Rare Find! 6 UNIT BUILDING (ALL OCCUPIED) **6,876 square ft.** WITH GREAT RENTAL HISTORY, CLOSE TO STOCKTON ATLANTIC CITY CAMPUS in the University District. Very close to the desired Chelsea area. Great Investment Property. 1st floor zoned Offices and Professional Uses. (Unit 1- 2Bed, 1Bath) (Unit2- 3Beds, 1 and 1/2Baths) (Unit 3- 1Bed, 1Bath) (Unit 4- 3Beds, 1Bath) (Unit 5- 2Beds, 2Baths) (Unit6- 3Beds, 1Bath) Laundry Room has hook ups for 2 Washers & 2 Dryers. Being sold "As Is" condition.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1940
- Baths:
- MLS#:
- 584883
ADDITIONAL INFORMATION
5 units in AC, 100 % occupancy, close to school, casino, and transportation.
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Atlantic City Real Estate
The median home value in Atlantic City, NJ is $234,950. This is lower than the county median home value of $301,600. The national median home value is $338,100. The average price of homes sold in Atlantic City, NJ is $234,950. Approximately 21.78% of Atlantic City homes are owned, compared to 56.24% rented, while 21.98% are vacant. Atlantic City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Atlantic City real estate agent to arrange a tour today!
Atlantic City, New Jersey has a population of 38,481. Atlantic City is less family-centric than the surrounding county with 21.75% of the households containing married families with children. The county average for households married with children is 26.78%.
The median household income in Atlantic City, New Jersey is $29,773. The median household income for the surrounding county is $66,473 compared to the national median of $69,021. The median age of people living in Atlantic City is 37.6 years.
Atlantic City Weather
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 26.8 degrees. The average rainfall is approximately 40.4 inches per year, with 13.1 inches of snow per year.