124 S Ocean Ave Atlantic City, NJ 08401
Downtown Atlantic City NeighborhoodEstimated payment $2,659/month
Highlights
- Porch
- Living Room
- Baseboard Heating
About This Home
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 attractions in Atlantic City. Legally zoned as a duplex, this property offers a unique opportunity to generate extra income. Whether you live in one unit and rent out the other or capitalize on the booming Airbnb market, the possibilities are endless. Situated just a short walk from the famous Atlantic City beach, this home provides unparalleled access to sun, sand, and surf, making it a highly desirable rental property for vacationers and long-term tenants alike Expansive Living Space: This home boasts 5 generously sized bedrooms and 3 full bathrooms, offering ample space for family, friends, and guests. The thoughtfully designed layout ensures privacy and comfort for everyone. Experience the perfect blend of historic charm and contemporary living with brand-new flooring throughout, a state-of-the-art hot water heater, and all-new, high-end appliances that cater to your every need. The property includes a dedicated laundry room for your convenience and a full basement providing abundant storage space or potential for additional living areas. Breathtaking Views: Ascend the convenient staircase to the 4th-floor deck and be captivated by the stunning panoramic views of Atlantic City and the sparkling Atlantic Ocean – an ideal spot for relaxation or entertaining guests.Dining and Entertainment: Enjoy the convenience of being close to South Tennessee Avenue's finest dining options, including trendy eateries, cafes, and bars that cater to all tastes and preferences. Benefit from nearby shopping centers, boutiques, and essential services, all within easy reach, ensuring you have everything you need at your fingertips. Excellent public transportation options make commuting and exploring Atlantic City and beyond a breeze. This property is more than just a house – it's a lifestyle. 124 S Ocean Ave offers an unparalleled combination of space, location, and modern amenities, perfect for large families, investors, or those seeking a luxurious beachside retreat. The opportunity to generate additional income through its duplex zoning adds significant value, making this an exceptional investment. Don't miss out on the chance to own a piece of Atlantic City's vibrant beach community. Schedule a viewing today and experience the unique charm and modern elegance of this remarkable home.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,054
Parking
- Off-Site Parking
Home Design
- Duplex
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- Living Room
- Unfinished Basement
- Interior Basement Entry
- Storm Screens
- Stove
Utilities
- Window Unit Cooling System
- Baseboard Heating
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Porch
- Lot Dimensions are 17.16 x 47
Listing and Financial Details
- Legal Lot and Block 50 / 54
Community Details
Overview
- 2 Units
Recreation
- Community Boardwalk
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 |
|---|---|---|---|---|
| 2025 | $5,054 | $146,400 | $53,200 | $93,200 |
| 2024 | $5,054 | $146,400 | $53,200 | $93,200 |
| 2023 | $5,530 | $146,400 | $53,200 | $93,200 |
| 2022 | $5,530 | $146,400 | $53,200 | $93,200 |
| 2021 | $1,612 | $69,300 | $53,200 | $16,100 |
| 2020 | $1,612 | $69,300 | $53,200 | $16,100 |
| 2019 | $3,984 | $65,000 | $30,000 | $35,000 |
| 2018 | $3,984 | $65,000 | $30,000 | $35,000 |
| 2017 | $2,224 | $65,000 | $30,000 | $35,000 |
| 2016 | $8,654 | $224,200 | $142,900 | $81,300 |
| 2015 | $7,672 | $224,200 | $142,900 | $81,300 |
| 2014 | $7,506 | $224,200 | $142,900 | $81,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/26/2025 08/26/25 | Price Changed | $420,000 | -3.4% | -- |
| 08/20/2025 08/20/25 | Price Changed | $435,000 | +1.2% | -- |
| 08/10/2025 08/10/25 | Price Changed | $430,000 | -1.1% | -- |
| 07/24/2025 07/24/25 | For Sale | $435,000 | +135.1% | -- |
| 04/27/2021 04/27/21 | Sold | $185,000 | -7.5% | $100 / Sq Ft |
| 04/09/2021 04/09/21 | Pending | -- | -- | -- |
| 01/19/2021 01/19/21 | Price Changed | $200,000 | -7.0% | $109 / Sq Ft |
| 01/08/2021 01/08/21 | For Sale | $215,000 | -- | $117 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $175,000 | None Available | |
| Deed | $67,500 | Surety Title | |
| Quit Claim Deed | -- | None Available | |
| Deed | $45,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $168,750 | New Conventional | |
| Previous Owner | $168,750 | Commercial |
Source: South Jersey Shore Regional MLS
MLS Number: 598604
APN: 02-00054-0000-00050
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