141 S Ocean Avenue Atlantic City, NJ $ 2,250,000
141 S Ocean Avenue
$ 2,250,000
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141 S Ocean Avenue

Atlantic City, NJ, 08401
$ 2,250,000
Bedrooms-- Baths-- Sq 4,657

Monthly Estimate*

$ 14,207

141 S Ocean Avenue, Atlantic City, NJ 08401 - Image 1
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Commercial Property for sale in Atlantic City, NJ

for $2,250,000. This 4,657 square foot building was built in 1920 on a lot size of 0.07.

141 S Ocean Avenue offers a rare opportunity to acquire a stabilized, income-producing 29-unit multifamily property in one of Atlantic City's most desirable locations. Just steps from the world-famous Boardwalk and beach, this investment combines immediate cash flow with exceptional long-term upside in a market experiencing continued revitalization. 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.

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Commercial Active

Price

$ 2,250,000

Property Type

Commercial

Taxes

$ 12,742

Style

Apartment Building

Lot Size

0.07

Year Built

1920

Town/City

Atlantic City

County/Region

Atlantic

MLS | Web ID

NJAC2025450

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 Baseboard - Hot Water
Cooling Window Unit(s)
Possession Settlement
Zoning RS-C
Construction Materials Other
Year Built 1920
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality ATLANTIC CITY
Business Type Apartment Building Other
Accessibility None
County ATLANTIC
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
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 3001.00
Tax Annual Amount 12742.0
Price Per Sq Ft Total AG 483.14
Acceptable Financing Cash Exchange Private
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00016
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Exterior
Water Source Public
Type of Parking On Street
Water View Y/N N
Building Area Total 4657.00
Lot Dimensions 50.00 x 60.00
Lot Size Acres 0.07
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 148500.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 141
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* Excluded Features
List By
Kw Empower

Broker

jack@rarityre.com

Email

Affordability Calculator

$15,269
Per Month
93%
7%
0%
Monthly Principal & Interest
$14,207
Monthly Property Taxes
$1,062
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/30/2026$2,250,000 Listed Price

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141 S Ocean Avenue, Atlantic City, NJ, 08401 is a Commercial Property for sale at $2,250,000 with 4,657 sqft and a lot size of 0.07. 141 S Ocean Avenue was built in 1920. The property's zip code is 08401 which is in Atlantic City, NJ