Estimated payment $3,381/month
Located just 2 blocks from the Boardwalk and beach in the sought-after Uptown Inlet area of Atlantic City, this fully furnished duplex is a turnkey investment with immediate rental income potential. The Inlet section of Atlantic City is awaiting an exciting project that was approved for the development of a new residential community with townhouses near the Boardwalk, and this property is in the heart of the location of the new development. The property features two units: 1 Bedroom / 1 Bath Unit which has a newly updated kitchen with quartz countertops and stainless steel appliances and 4 Bedrooms / 1.5 Bath Unit with a Jacuzzi tub in one of the bedrooms. Currently operating as a successful short-term rental, this property grossed $90K in 2024, making it a lucrative investment opportunity. Whether you're looking for a beachside getaway or a high-income rental property, this duplex delivers both location and potential. Don't miss out on the chance to own a piece of Atlantic City's vibrant coastline! "Property being sold strictly 'As Is." Buyer is responsible for obtaining all occupancy inspections and certificates."
| 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 | $7,125 | $206,400 | $38,300 | $168,100 |
| 2023 | $5,235 | $138,600 | $38,300 | $100,300 |
| 2022 | $5,235 | $138,600 | $38,300 | $100,300 |
| 2021 | $5,407 | $138,600 | $38,300 | $100,300 |
| 2020 | $5,453 | $138,600 | $38,300 | $100,300 |
| 2019 | $3,139 | $78,800 | $30,000 | $48,800 |
| 2018 | $2,784 | $78,800 | $30,000 | $48,800 |
| 2017 | $2,696 | $78,800 | $30,000 | $48,800 |
| 2016 | $5,597 | $145,000 | $72,500 | $72,500 |
| 2015 | $5,989 | $175,000 | $105,000 | $70,000 |
| 2014 | $5,859 | $175,000 | $105,000 | $70,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2025 07/11/25 | Price Changed | $509,000 | -3.0% | -- |
| 04/07/2025 04/07/25 | For Sale | $525,000 | +40.0% | -- |
| 04/21/2023 04/21/23 | Sold | $375,000 | -16.6% | $182 / Sq Ft |
| 02/15/2023 02/15/23 | Pending | -- | -- | -- |
| 12/26/2022 12/26/22 | Price Changed | $449,900 | -5.3% | $218 / Sq Ft |
| 11/29/2022 11/29/22 | For Sale | $475,000 | 0.0% | $230 / Sq Ft |
| 01/20/2017 01/20/17 | Rented | -- | -- | -- |
| 01/20/2017 01/20/17 | For Rent | -- | -- | -- |
| 08/31/2015 08/31/15 | Sold | $100,000 | 0.0% | $49 / Sq Ft |
| 08/20/2015 08/20/15 | Pending | -- | -- | -- |
| 07/17/2015 07/17/15 | For Sale | $100,000 | -- | $49 / Sq Ft |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $385,000 | Title Company Of Jersey | |
| Bargain Sale Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $100,000 | Multiple | |
| Quit Claim Deed | -- | None Available | |
| Bargain Sale Deed | $140,000 | North American Title Agency | |
| Sheriffs Deed | -- | None Available | |
| Deed | $360,150 | -- | |
| Deed | $299,000 | Surety Title Agency Of Atlan | |
| Deed | $155,000 | -- | |
| Interfamily Deed Transfer | -- | New Jersey Title Insurance C | |
| Interfamily Deed Transfer | -- | The Title Company | |
| Deed | $15,000 | -- | |
| Interfamily Deed Transfer | -- | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $328,500 | New Conventional | |
| Closed | $308,000 | New Conventional | |
| Previous Owner | $378,000 | Unknown | |
| Previous Owner | $60,000 | Credit Line Revolving | |
| Previous Owner | $288,120 | Purchase Money Mortgage | |
| Previous Owner | $59,800 | Stand Alone Second | |
| Previous Owner | $239,200 | Fannie Mae Freddie Mac | |
| Previous Owner | $40,000 | Credit Line Revolving | |
| Previous Owner | $147,250 | Purchase Money Mortgage | |
| Previous Owner | $88,000 | No Value Available | |
| Previous Owner | $70,000 | No Value Available | |
| Previous Owner | $12,000 | No Value Available |
$395,000
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
Austin Dillon MARCHESE REAL ESTATE, LLC
$499,000
Income-Producing Triplex – $499,000 Investor special or perfect house-hack opportunity! Welcome to 36 N Florida Ave, a spacious triplex in the heart of Atlantic City offering immediate income and long-term upside. This property features: Two 2-Bedroom, 1-Bath Units – one currently rented at $1,700/month, together they could bring in $3,400/month combined. One 4-Bedroom, 1-Bath Unit – currently
Austin Dillon MARCHESE REAL ESTATE, LLC
$399,000
Looking for an investment property 1.5 blocks from the beach? This is it. Air BnB opportunity newly rehabbed and ready for you. Easy to Show give a call!! UNIT A - 3 bedrooms/1 BRAND NEW bathroom apartment with eat-in BRAND NEW kitchen, living room and dining room - 2nd and 3rd floor living is ready for your enjoyment. BRAND NEW wood-look laminate flooring throughout. UNIT B - This freshly
Jill Leap BALSLEY/LOSCO
$424,400
A duplex in the heart of Atlantic City. Duplex has to be sold with lot next door. Both tenants are on time with rent. Three bedroom upstairs and one bath, Two bedroom upstairs and one bath on first floor Street level has heating unit for whole building. Tenants pay electric owner pays heat and water and sewer
Emily Christian FARLEY and FERRY REALTY, INC
$559,900
**Listing Attention:** This property presents a unique opportunity to own a beautiful duplex in a prime beach block location. You can either develop a trophy property with stunning panoramic waterfront views or retain the existing structure and upgrade it for substantial income through Airbnb rentals. This property is legally zoned as a duplex, allowing for extra income generation. You can occupy
Goran Cedevski BHHS FOX and ROACH-Northfield
$579,900
Listing Alert: This property presents a unique opportunity to own a beautiful duplex in a prime beach block location. You can either build a trophy development with stunning panoramic waterfront views or keep the existing property and upgrade it for a phenomenal income through Airbnb rentals. This property is legally zoned as a duplex, providing the opportunity to generate extra income. You can
Goran Cedevski BHHS FOX and ROACH-Northfield
$578,000
**ATTENTION INVESTORS** Located at the Jersey Shore, in a prime area of Atlantic City we have a **FULLY RENOVATED** **FULLY OCCUPIED** mixed-use property offering an excellent **TURNKEY** investment opportunity. The building features (4) well -maintained units, including (3) residential apartments and (1) leased commercial space on the first floor. Recent updates include a **BRAND NEW ROOF** and
Hader Rivas eXp Realty-Northfield
$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
$435,000
Welcome to your dream home at 124 S Ocean Ave, Atlantic City, NJ 08401 – a remarkable rental opportunity that combines beachside living with modern luxury. This exquisite 4-story beach block home is located just one street away from the vibrant and newly revitalized South Tennessee Avenue, placing you within walking distance to some of the trendiest eateries, entertainment spots, and local
Goran Cedevski BHHS FOX and ROACH-Northfield
Source: South Jersey Shore Regional MLS
MLS Number: 594969
APN: 02-00077-0000-00036
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