$459,000

Estimated payment $3,110/month

Total Views 66,835
-- Bed
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Popular Property
  • Porch
  • Living Room
  • Deck
  • Eat-In Kitchen
  • Dining Room

About This Home

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 vacant, with conservative rental potential of $2,200/month. That’s a total gross rental potential of $5,600/month or $67,200/year once fully occupied. Live in the vacant 4-bedroom unit and offset your mortgage with $3,400/month in rental income from the other two units — or rent all three for strong cashflow in a growing market. Property is being sold strictly AS-IS, with the buyer responsible for the Certificate of Occupancy and all municipal requirements. With a listing price of just $499,000, this is a rare chance to secure a triplex with solid income, value-add potential, and a path to long-term wealth. Located just minutes from the beach, boardwalk, casinos, and public transportation, this property checks all the boxes for investors and owner-occupants alike. Don’t miss your shot at owning a high-yield asset in one of Atlantic City’s most promising neighborhoods. Book your appointment today!

Listing Agent

Austin Dillon

MARCHESE REAL ESTATE, LLC Listed on: 07/21/2025

MARCHESE REAL ESTATE, LLC

Co-Listing Agent

Emily Marchese

MARCHESE REAL ESTATE, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,971

Lot Details

  • Lot Dimensions are 30 x 75
  • Fenced

Home Design

  • Triplex

Interior Spaces

  • Living Room
  • Dining Room
  • Exterior Basement Entry
  • Eat-In Kitchen

Parking

  • 1 Car Garage
  • Carport

Outdoor Features

  • Deck
  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Separate Meters
  • Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 9 / 278

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,971

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Triplex
  • Lvt Date: 07/21/2025
  • Age: 25+ Years
  • Allow Comsumer Comment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Outside Entrance
  • Other Rooms: Dining Room, Eat In Kitchen, Living Room

Exterior Features

  • Outside Features: Curbs, Deck, Fenced Yard, Porch, Sidewalks

Garage/Parking

  • Driveway: Concrete
  • Garage: One Car
  • Parking Exterior: Carport

Utilities

  • Heating: Gas-Natural, Radiator
  • Sewer: Public Sewer
  • Water: Public
  • Water Heater: Electric, Gas

Lot Info

  • Lot Number: 9
  • Lot Dimensions: 30 x 75

Rental Info

  • Rental Information: 100 Percent Occupancy, Yearly

Tax Info

  • Year: 2024
  • Taxes: 7971

Multi Family

  • Number Of Units: 3
  • Separate Meters: Electric, Gas, Hot Water

Map

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $7,971 $337,600 $29,000 $308,600
2024 $7,971 $230,900 $29,000 $201,900
2023 $8,721 $230,900 $29,000 $201,900
2022 $8,721 $230,900 $29,000 $201,900
2021 $9,007 $230,900 $29,000 $201,900
2020 $9,084 $230,900 $29,000 $201,900
2019 $10,952 $274,900 $147,800 $127,100
2018 $9,712 $274,900 $147,800 $127,100
2017 $9,404 $274,900 $147,800 $127,100
2016 $10,611 $274,900 $147,800 $127,100
2015 $9,407 $274,900 $147,800 $127,100
2014 $9,204 $274,900 $147,800 $127,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 Price Changed $459,000 -8.0% --
07/21/2025 07/21/25 For Sale $499,000 -- --
Source: South Jersey Shore Regional MLS

Purchase History

Date Type Sale Price Title Company
Deed $250,000 Noble Title Agency
Deed $75,000 Surety Title Company
Interfamily Deed Transfer -- --
Deed $80,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $152,750 Construction
Previous Owner $72,000 No Value Available
Source: Public Records

About the Listing Agent

Austin Dillon

MARCHESE REAL ESTATE, LLC

(609) 745-1026

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Source: South Jersey Shore Regional MLS

MLS Number: 598471

South Jersey Shore Regional MLS

APN: 02-00278-0000-00009