Estimated payment $2,668/month
Investor Opportunity – Value-Add Triplex in Northern Atlantic City Welcome to 1 S New Hampshire Avenue, a fully vacant triplex located in the northern section of Atlantic City, just minutes from the beach and surrounded by ongoing redevelopment. This property features three separate units: a 2-bedroom, 1-bath unit on the first floor, a 2-bedroom, 1-bath unit on the second floor, and a spacious 4-bedroom, 2-bath unit spanning the third and fourth floor. The building is being sold strictly as-is, with the buyer responsible for obtaining the Certificate of Occupancy and any municipal approvals. The property offers significant upside for the savvy investor. While it needs a full cosmetic renovation, comps in the area support strong rental income once stabilized. Conservative estimates place market rents at $1,600/month for the 2-bedroom units and $2,500/month for the 4-bedroom unit, giving this asset a potential gross annual rent roll of approximately $68,400. **Important disclosure**: the **first-floor unit experienced a pipe burst and is currently gutted**—listing photos show the unit *prior* to the damage and are intended to reflect its original layout. With all three units vacant and ready for rehab, this is a blank slate investment opportunity with serious cash-flow potential in a rapidly evolving section of Atlantic City. Easy to show—**schedule your tour today and bring your vision.**
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| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,755 | $166,725 | $34,700 | $132,025 |
| 2023 | $6,297 | $166,725 | $34,700 | $132,025 |
| 2022 | $6,297 | $166,725 | $34,700 | $132,025 |
| 2021 | $6,504 | $166,725 | $34,700 | $132,025 |
| 2020 | $6,559 | $166,725 | $34,700 | $132,025 |
| 2019 | $3,984 | $100,000 | $55,000 | $45,000 |
| 2018 | $3,533 | $100,000 | $55,000 | $45,000 |
| 2017 | $3,421 | $100,000 | $55,000 | $45,000 |
| 2016 | $3,860 | $100,000 | $55,000 | $45,000 |
| 2015 | $3,422 | $100,000 | $55,000 | $45,000 |
| 2014 | $3,348 | $100,000 | $55,000 | $45,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | For Sale | $395,000 | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $99,000 | None Available | |
| Deed | $77,000 | None Available | |
| Deed | -- | Surety Title Corp | |
| Deed | $525,000 | The Title Company Of Jersey | |
| Deed | -- | The Title Company Of Jersey | |
| Deed | $431,000 | -- | |
| Deed | $350,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $395,000 | Credit Line Revolving | |
| Previous Owner | $115,000 | No Value Available | |
| Previous Owner | $323,250 | Purchase Money Mortgage | |
| Previous Owner | $245,000 | Purchase Money Mortgage |
$429,000
Investor Alert!!! This multi-family property boasts 24 rooms, including 7 bedrooms, 3 full bathrooms, and 1 half bathroom, making it ideal for diverse living arrangements. Featuring 3 fully equipped kitchens and ample storage space, the property is both practical and versatile. Located on a 3,875-square-foot lot, it stretches between North Tennessee Avenue and North Ocean Avenue, offering
Holland Mack 3rd REAL-FAIRFIELD
$319,900
Welcome to Bungalow Park! Right by the beach & bay, this multi family home has both short term and long term rent potential. Includes a storage room outside. PRIME LOCATION: only minutes from the beach, shopping centers, public transportation, Stockton University and AtlantiCare Hospital. The seller is in the process of converting this into a legal duplex. It will be done before the sale.
ERIK EWELL NEW ERA REAL ESTATE-D
$389,000
This is 3 Apartment building upstairs and a commercial downstairs. Used to be a pizza place and the equipment is still in place. The apartments are in very good shape (all rented). Two 2 bedrooms and 1 One bedroom. The commercial site has a brand new electrical system required by the City of AC in order to operate a restaurant. It can easily be a Pizza Parlor or take out restaurant.
Jose Chey BHHS FOX and ROACH-Northfield
$469,000
This mixed-use property that masterfully blends sophisticated residential living with modern commercial functionality. Spanning three additional lots, this exceptional building is anchored by a pristine three-story apartment and a first-floor office space offering a perfect balance of luxury and practicality. The apartment is a showcase of meticulous craftsmanship, featuring beautiful hardwood
MARTIN HAMSON A C LANDMARK LLC
$499,900
Great Opportunity in Atlantic City - Triplex with Commercial use below. Here is a chance to own a 2 car garage with office space and full bathroom on Fairmount Ave close to the Walk and Convention Center. There is also 3 units that are Two bedroom 1 bathroom each. Residence is currently occupied by the seller's family. Garage and office space if not currently occupied. The property is being
DOUGLAS KURTZ BHHS DIVERSIFIED REALTY
$375,000
Great Investment Opportunity! This spacious 2-story duplex is perfectly situated on the Penrose Canal, offering beautiful views of both the water and the city skyline. The property features two large 3-bedroom units, each with separate utilities and a newer roof. The first-floor unit includes 1.5 bathrooms, a large living room, and a formal dining room. The second-floor unit is recently renovated
Georgeanna Newmones eXp Realty-Atlantic City
$379,000
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
Goran Cedevski BHHS FOX and ROACH-Northfield
$499,000
Incredible investment opportunity with this renovated triplex, offering three identical units—each featuring 3 spacious bedrooms and 1 modern full bath. The units have been tastefully updated with hardwood flooring, fresh paint, kitchen cabinets, and appliances, along with a sleek, contemporary bathroom complete with a tub/shower combo. Each unit provides a bright and comfortable layout, perfect
Paula Hartman BHHS FOX and ROACH-Margate
$350,000
Duplex for sale in the Chelsea neighborhood in Atlantic City. Both 4 bedroom apartments are currently 100% occupied: First floor collects $1,500 per month with long term tenant, second floor collects $2,200 per month. The basement is for storage and utilities.
ERIK EWELL NEW ERA REAL ESTATE-D
Source: South Jersey Shore Regional MLS
MLS Number: 598112
APN: 02-00083-0000-00002
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