2801 Arctic Ave, Atlantic City, NJ 08401

Local realty services provided by:ERA Valley Realty
2801 Arctic Ave,Atlantic City, NJ 08401
$499,000
  • 5 Beds
  • - Baths
  • 3,220 sq. ft.
  • Multi-family
  • Active
Listed by: ann d. atherton
Office: coldwell banker residential brokerage - warren
MLS#:NJAC2019880
Source:BRIGHTMLS

Price summary

  • Price:$499,000
  • Price per sq. ft.:$154.97

About this home

Prime location near famous casinos and the boardwalk, featuring a restaurant, employee apartments, and untapped potential – a Triple-Level Gem! This is a fantastic opportunity for first-time homebuyers to live on the third floor and rent out the other two levels to potentially cover the mortgage, or for investors seeking strong rental income. The ground floor houses a well-established restaurant operating for over six years, adding great value. The second floor is now vacant and offers 3 spacious bedrooms and a full bath – ideal for rental or personal use. The third floor is also vacant, boasting 2 commodious bedrooms, generous living space, and a full bath. Property is being sold strictly in "as-is" condition. Don’t miss this income-generating opportunity in a high-demand area!

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Home facts

  • Year built:1965
  • Listing ID #:NJAC2019880
  • Added:161 day(s) ago
  • Updated:December 31, 2025 at 02:31 PM

Rooms and interior

  • Bedrooms:5
  • Living area:3,220 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Window Unit(s)
  • Heating:Baseboard - Electric, Electric, Natural Gas Available

Structure and exterior

  • Roof:Flat, Rubber
  • Year built:1965
  • Building area:3,220 sq. ft.
  • Lot area:0.03 Acres

Schools

  • High school:ATLANTIC CITY H.S.
  • Middle school:TEXAS AVENUE SCHOOL
  • Elementary school:DR. MARTIN LUTHER KING SCHOOL

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$499,000
  • Price per sq. ft.:$154.97
  • Tax amount:$6,886 (2024)

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