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2514 Atlantic Ave 2514 Atlantic Ave 8 Unit Apartment Building $1,672,845 CAD ($209,106 CAD/Unit) 8.39% Cap Rate Atlantic City, NJ 08401

Apartment Buildings New Jersey Atlantic City 2514 Atlantic Ave, Atlantic City, NJ 08401

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INVESTMENT HIGHLIGHTS

  • Wonderful investment opportunity in a prime Atlantic Ave
  • Efficient on-site management
  • Well-maintained mixed-use building

EXECUTIVE SUMMARY

Wonderful investment opportunity in a prime Atlantic Ave location featuring 8 residential apartment units and 1 ground-floor retail convenience store with a long-term lease in place. This well-maintained mixed-use building offers strong, stable income from long-term tenants with significant upside potential through future rent growth. A live-in superintendent provides efficient on-site management, making this a low-maintenance, high-yield asset perfect for investors seeking reliable cash flow and long-term portfolio growth.

PROPERTY FACTS

Price $1,672,845 CAD Apartment Style Low-Rise
Price Per Unit $209,106 CAD Building Class C
Sale Type Investment Lot Size 0.04 AC
Cap Rate 8.39% Building Size 7,392 SF
No. Units 8 No. Stories 2
Property Type Multifamily Year Built 1950
Property Subtype
Apartment
  • General Retail Storefront
 Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning NC-2 - Commercial
Price $1,672,845 CAD
Price Per Unit $209,106 CAD
Sale Type Investment
Cap Rate 8.39%
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront
Apartment Style Low-Rise
Building Class C
Lot Size 0.04 AC
Building Size 7,392 SF
No. Stories 2
Year Built 1950
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning NC-2 - Commercial

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

  • Controlled Access
  • Tenant Controlled HVAC
  • Recycling
  • Smoke Free
  • Smoke Detector
1 1
Walk Score®
Walker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 02-00165-0000-00004 Improvements Assessment $196,004 CAD
Land Assessment $50,764 CAD Total Assessment $246,767 CAD

PROPERTY TAXES

Parcel Number
02-00165-0000-00004
Land Assessment
$50,764 CAD
Improvements Assessment
$196,004 CAD
Total Assessment
$246,767 CAD
(201) 796-7777

Still interested?

Contact the broker for more information about this property

CONTACT

  • Edan Young
    Edan Young

  • Listing ID: 36871526

  • Date on Market: 2025-07-22

  • Last Updated:

  • Address: 2514 Atlantic Ave, Atlantic City, NJ 08401

The Chelsea Multifamily Property at 2514 Atlantic Ave, Atlantic City, NJ 08401 is currently available. Contact Exclusive Properties Realty LLC for more information.

MULTIFAMILY PROPERTIES IN NEARBY NEIGHBORHOODS

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2514 Atlantic Ave | 2514 Atlantic Ave
(201) 796-7777 x

2514 Atlantic Ave | 2514 Atlantic Ave

Edan Young
(201) 796-7777

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