3,001 Sqft Lot
3,001 Sqft Lot
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