141 S OCEAN AVE, Atlantic City, NJ 08401
141 S OCEAN AVE, Atlantic City, NJ 08401
141 S OCEAN AVE, Atlantic City, NJ 08401
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Fran Valerio

Fran Valerio

+1(717) 602-0551
Listed by Jack Delaney • KW Empower
$2,250,000
Est. payment /mo
3,001 Sqft Lot
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UPDATED:

Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJAC2025450

Year Built 1920

Annual Tax Amount $12,742

Tax Year 2025

Lot Size 3,001 Sqft

Acres 0.07

Lot Dimensions 50.00 x 60.00

Property Sub-Type Five Or More Units

Source BRIGHT

Property Description

141 S Ocean Avenue offers a rare opportunity to acquire a stabilized, income-producing 29-unit multifamily property in one of Atlantic City's most desirable locations. Just steps from the world-famous Boardwalk and beach, this investment combines immediate cash flow with exceptional long-term upside in a market experiencing continued revitalization.

Encompassing approximately 4,657 square feet, the property is fully operational with an established tenant base and consistent in-place income, providing investors with a turnkey asset from day one. Its premier location places residents within walking distance of Atlantic City's renowned casinos, restaurants, entertainment venues, and waterfront attractions, further enhancing its long-term investment appeal.

Whether you're expanding an existing portfolio or seeking a high-performing multifamily asset in a thriving coastal market, 141 S Ocean Avenue presents a compelling opportunity to secure a property that offers both stability and future appreciation potential.

Location

State NJ

County Atlantic

Area Atlantic City (20102)

Zoning RS-C

Interior

Hot Water Natural Gas

Heating Baseboard - Hot Water

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Atlantic City Schools

Others

Tax ID 02-00056-00016

Ownership Fee Simple

Acceptable Financing Cash, Exchange, Private

Listing Terms Cash, Exchange, Private

Financing Cash,Exchange,Private

Special Listing Condition Standard

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Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Fran Valerio
Fran Valerio

Listing Specialist, Team Leader | RS RS311467

+1(717) 602-0551 | fvalerio@soldincentralpa.com

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