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2801 Arctic Ave Atlantic City, NJ $ 499,000
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$ 499,000 Get more info
2801 Arctic Ave
$ 499,000
Back to search
Share Save

2801 Arctic Ave

Atlantic City, NJ, 08401
$ 499,000
Bedrooms5 Baths2.1 Sq 3,220

Monthly Estimate*

$ 3,113

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Multi-Family Home for sale in Atlantic City, NJ

for $499,000 with 5 bedrooms and 2 full baths, 1 half bath. This 3,220 square foot home was built in 1965 on a lot size of 0.03.

Prime location near famous casinos and the boardwalk, featuring a restaurant, employee apartments, and untapped potential " a Triple-Level Gem! This is a fantastic opportunity for first-time homebuyers to live on the third floor and rent out the other two levels to potentially cover the mortgage, or for investors seeking strong rental income. The ground floor houses a well-established restaurant operating for over six years, adding great value. The second floor is now vacant and offers 3 spacious bedrooms and a full bath " ideal for rental or personal use. The third floor is also vacant, boasting 2 commodious bedrooms, generous living space, and a full bath. Property is being sold strictly in "as-is" condition. Don't miss this income-generating opportunity in a high-demand area!

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Multi-Family Active

Price

$ 499,000

Bedrooms

5

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 6,886

Style

3-Three Story

Lot Size

0.03

Year Built

1965

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

3976547
Features
Interior
Interior Amenities Fire Extinguisher See Remarks Smoke Detector Tile Floors Vinyl-Linoleum Floors Wood Floors
Unit 1 Baths Total 1.0
Unit 1 Beds Total 0
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Fuel Type Electric Gas-Natural
Half Baths 1
Total Bedrooms 5
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General
Sewer Public Sewer
Heating 3 Units See Remarks
Cooling Ceiling Fan Window A/C(s)
Utilities Electric Gas-Natural
Possession At Closing
Roof Flat See Remarks
Water Heater Gas
Zoning NC-1
Architectural Style 3-Three Story See Remarks
Year Built 1965
Garage On-Street Parking
Township Atlantic City
Tax Year 2024
Gross Income 33600
County Atlantic
Net Operating Income 21265
Operating Expense 12335
Total Rooms 11
Full Baths 2
Status Active
Directions Keep left on GSPkwy S Exit 38A to Atlantic City Expy E Right on Fairmount Ave Left on N Brighton Ave Left on Arctic Ave to 2801 Arctic Ave
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 6886
Home Warranty Y/N No
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 199500
Town # 1002
Tax Lot 62
Farm Assessment No
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Exterior
Exterior Amenities Curbs Sidewalk
Lot Features Corner
Water Source Public Water
Exterior Description ConcBrd SeeRem
Building Area Total 3220
Lot Dimensions 18.1X61
Lot Size Acres 0.03
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* Excluded Features
List By
INDERJIT SINGH

Listing Agent

Coldwell Banker Realty

Broker

inderjit37c@gmail.com

Email

Affordability Calculator

$3,687
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
$574
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
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/21/2025$499,000 Listed Price

Map

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2801 Arctic Ave, Atlantic City, NJ, 08401 is a Multi-Family Home for sale at $499,000 with 3,220 sqft and a lot size of 0.03. 2801 Arctic Ave has 5 bedrooms, 2.1 baths, and was built in 1965. The property's zip code is 08401 which is in Atlantic City, NJ

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