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This is a great investment opportunity with a motivated seller, a multi-family unit in an excellent location. It is a four-unit building that is currently 75% occupied. There is one four-bedroom unit, one two-bedroom unit, and two one-bedroom units, all of which have separate electric meters. The tenants are reliable and have been keeping up-to-date with their rent payments. The location is superb, with easy access to dining, shopping, and cultural centers that offer all necessary amenities nearby. The property is also conveniently located just a block away from the famous casinos and beaches of Atlantic City. It is being sold "As Is" and has a gross monthly income of $4,900. Sold "AS-IS," WHERE IS. Buyer is responsible for all inspections, CO, and certifications. The Seller is not responsible for any repairs, corrections, treatments, remediation, or mitigation. The LBP addendum and rental leases have been attached to the associate's documents.
Last checked:
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Last updated Jun 23, 2025
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MLS# 597549 —
The Building
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New Construction:No
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Exterior:Vinyl
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Storms/Screens:Combination
Interior
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Basement:Crawl Space
Financial & Terms
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Rental Information:Monthly
Location
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Latitude:39.355472
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Longitude:-74.442182
The Property
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Location:Boardwalk Area
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Block #:167
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Lot #:10
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Lot Dimensions:0.0402
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Outside Features:Curbs, Sidewalks
Listing Agent
- Contact info:
- Office phone:
- (609) 646-1900
Heating & Cooling
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Heating:Gas-Natural
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Air Conditioning:Electric, Window Units
Utilities
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Water:Public
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Water Heater:Gas
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Sewer:Public Sewer
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Separate Meters:Electric
Appliances
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Appliances:Gas Stove, Refrigerator
The Community
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Adult Community/55+:No
Parking
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Parking:Off Site Parking
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Garage:None
Extra Units
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# of Units:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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6/23/25
Jun 23, 2025
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Listed / Active | SJSRMLS | $399,000 | 69.8% (41.5% / YR) |
4/9/24
Apr 9, 2024
|
Listed / Active | SJSRMLS | ||
10/18/23
Oct 18, 2023
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SJSRMLS | $235,000 | -27.7% |