1226 Belmont Terrace Atlantic City, NJ 08401
Westside NeighborhoodEstimated payment $715/month
Highlights
- City View
- Premium Lot
- No HOA
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $104
Lot Details
- 771 Sq Ft Lot
- Lot Dimensions are 17.50 x 44.00
- Premium Lot
- Level Lot
- Open Lot
- 4 Lots in the community
- Sale includes 1226, 1218, 1216, and 1212 Belmont MLS#'s: NJAC2017260, NJAC2017262, NJAC2017264, and NJAC2017266
- Property is zoned RM-2, In Atlantic City, New Jersey, the RM-2 zoning designation stands for a Multifamily Residential District.
Schools
- Venice Park Elementary School
- New York Avenue Middle School
- Atlantic City High School
Additional Features
- City Views
- Public Hookup Available For Sewer
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 00002
- Assessor Parcel Number 02-00449-00002
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $104 | $3,000 | $3,000 | $0 |
| 2023 | $113 | $3,000 | $3,000 | $0 |
| 2022 | $113 | $3,000 | $3,000 | $0 |
| 2021 | $117 | $3,000 | $3,000 | $0 |
| 2020 | $118 | $3,000 | $3,000 | $0 |
| 2019 | $307 | $7,700 | $7,700 | $0 |
| 2018 | $272 | $7,700 | $7,700 | $0 |
| 2017 | $263 | $7,700 | $7,700 | $0 |
| 2016 | $297 | $7,700 | $7,700 | $0 |
| 2015 | $263 | $7,700 | $7,700 | $0 |
| 2014 | $258 | $7,700 | $7,700 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2025 02/23/25 | For Sale | $129,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $83,000 | None Available |
Source: Bright MLS
MLS Number: NJAC2017260
APN: 02-00449-0000-00002
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