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
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
NEARBY SCHOOL & BUSINESS
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