133-37 St James Place Atlantic City, NJ $ 4,550,000
133-37 St James Place
$ 4,550,000
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133-37 St James Place

Atlantic City, NJ, 08401
$ 4,550,000
Bedrooms-- Baths-- Sq 6,248

Monthly Estimate*

$ 28,386

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Commercial Property for sale in Atlantic City, NJ

for $4,550,000. This 6,248 square foot building was built in 2025 on a lot size of 0.07.

Rare 85-Unit Multifamily Portfolio in the Heart of Atlantic Cit!y! Hunters Commercial is pleased to present 133-37 St James Place a turnkey, fully occupied 85-unit multifamily investment with significant value-add potential. Situated just blocks from the Atlantic City boardwalk and casino corridor, this offering includes two stabilized buildings plus an additional vacant lot all on one parcel with dual deeds. Current rents are well below market, presenting an opportunity to increase income by 20%+ through repositioning. With a cap rate of 10.69% and cash-on-cash returns over 10%, this asset is ideal for investors seeking stable cash flow with upside in a high-demand market undergoing active redevelopment. Positioned in one of Atlantic Citys most promising areas, this asset benefits from strong tenant demand, walkability to amenities, and proximity to major redevelopment projects. Whether youre looking to grow a portfolio or enter a strong secondary market, this property checks all the boxes. Schedule your showing today!

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Commercial Contingent

Price

$ 4,550,000

Property Type

Commercial

Taxes

$ 25,890

Style

Lot Size

0.07

Year Built

2025

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

NJAC2019406

Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N N
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General
Sewer Public Sewer
Heating Radiant
Cooling Window Unit(s)
Possession Settlement
Zoning RS-C
Construction Materials Other
Year Built 2025
Property Subtype Five Or More Units
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality ATLANTIC CITY
Business Type Other
Accessibility None
County ATLANTIC
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions Use GPS
City ATLANTIC CITY
Number Of Units Total 0
MLS Area Atlantic City (20102)
Lot Size Units Square Feet
Lot Size Square Feet 3124.00
Tax Annual Amount 25890.0
Price Per Sq Ft Total AG 728.23
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Standard Status Active Under Contract
Year Built Source Estimated
Tax Lot 00007
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 6248.00
Lot Dimensions 41.66 x 75.00
Lot Size Acres 0.07
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 250000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 133
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* Excluded Features
List By
Kw Empower

Broker

jim@rarityre.com

Email

Affordability Calculator

$30,544
Per Month
93%
7%
0%
Monthly Principal & Interest
$28,386
Monthly Property Taxes
$2,158
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/25/2025$4,550,000 Listed Price

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133-37 St James Place, Atlantic City, NJ, 08401 is a Commercial Property for sale at $4,550,000 with 6,248 sqft and a lot size of 0.07. 133-37 St James Place was built in 2025. The property's zip code is 08401 which is in Atlantic City, NJ