1212 Belmont Terrace Atlantic City, NJ 08401

Listing Details

• Property Type: Land
• Property Sub Type: Land
• Ownership: Fee Simple
• Current Use: Land/Lot Only
• Remarks Public: 💲💲Multi Parcel development Opportunity with Seller Financing Available💲💲 Selling as a 4 parcel package that includes 1226, 1218, 1216, and 1212 Belmont Terr MLS#'s: NJAC2017260, NJAC2017262, NJAC2017264, and NJAC2017266. Located in the vibrant core of Atlantic City, NJ, these vacant land parcels present an incredible opportunity for developers and investors looking to bring a visionary project to life. With RM-2 zoning, this double parcel package is perfectly suited for medium-rise apartment buildings, luxury condos, or mixed-use developments that blend residential and commercial spaces. Positioned just minutes from world-class casinos, the boardwalk, pristine beaches, and top-rated restaurants, these land parcels offer unbeatable convenience and high visibility. Atlantic City continues to experience a resurgence, with new developments, increasing property values, and a strong demand for modern, high-quality housing. The RM-2 zoning designation allows for multifamily residential projects, making this an ideal site for apartment complexes, vacation rentals, or urban-style townhomes. The flexible zoning also opens doors for mixed-use spaces, combining retail storefronts with residential units above—perfect for capitalizing on the city's high foot traffic. Beyond location and zoning benefits, this parcel is positioned near major highways, public transportation, and Atlantic City International Airport, ensuring seamless connectivity for residents, tourists, and commuters alike. With millions of visitors flocking to the city each year and an increasing need for modern housing solutions, this is a rare chance to build something special in one of the East Coast’s most dynamic markets. Whether you’re looking to develop, invest, or hold, this 4 parcel package represents an unparalleled opportunity to create a high-value, revenue-generating project in a city that continues to thrive. 📞 For more details or to schedule a site visit, contact us today! 📞*Buyers should, and are encouraged to, conduct their own due diligence.
• Special Features: None

Interior Features

• Price Per Sq Ft: 94.30
• Street Number Modifier: 1212

Exterior Features

• Construction Completed: No
• View: City, Street
• Water Access: No
• Waterfront: No
• Water Oriented: No
• Tidal Water: No
• Water View: No

Garage/Parking

• Garage: No

Utilities

• Central Air Conditioning: No
• Sewer/Septic System: Public Hook/Up Avail
• Water Source: Public Hook-Up Available

Condo/Co-op/Association

• HOA: No

Schools

• School District: ATLANTIC CITY SCHOOLS
• Elementary School: VENICE PARK SCHOOL
• Middle School: NEW YORK AVENUE SCHOOL
• High School: ATLANTIC CITY
• Elementary School Source: Listing Agent
• High School Source: Listing Agent
• Middle School Source: Listing Agent
• School District Key: 300200396906
• School District Source: Listing Agent
• Elementary School: VENICE PARK SCHOOL
• High School: ATLANTIC CITY
• Middle Or Junior School: NEW YORK AVENUE SCHOOL

Lot Info

• Additional Parcels: Yes
• Additional Parcels Description: Sale includes 1226, 1218, 1216, and 1212 Belmont Terr. MLS#'s: NJAC2017260, NJAC2017262, NJAC2017264, and NJAC2017266
• Lot Count: 4
• Lot Features: Level, Not In Development, Open, Premium, Road Frontage
• Lot Size Acres: 0.03
• Lot Dimensions: 31.07 x 44.00
• Lot Size Units: Square Feet
• Lot Sq Ft: 1368.00
• Year Assessed: 2024
• Zoning: RM-2
• Zoning Description: In Atlantic City, New Jersey, the RM-2 zoning designation stands for a Multifamily Residential District.
• Farmland Preservation: No

Rental Info

• Vacation Rental: No

Tax Info

• Assessor Parcel Number: 02-00449-00005
• Tax Lot: 00005
• County Tax Payment Frequency: Annually
• Tax Year: 2024

MLS Schools

• School District Name: ATLANTIC CITY SCHOOLS