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sales rep | Brivity IDX

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141 S Ocean Ave , Atlantic City, NJ 08401
$2,250,000
Est. Payment: $12,150.03/mo
4657 Sqft
0.07 Acres
Status: active | Days on site: 93
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KWEMPWR - 3352719
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House Description

141 S Ocean Avenue offers a rare opportunity to acquire a stabilized, income-producing 29-unit multifamily property in one of Atlantic City's most desirable locations. Just steps from the world-famous Boardwalk and beach, this investment combines immediate cash flow with exceptional long-term upside in a market experiencing continued revitalization. Encompassing approximately 4,657 square feet, the property is fully operational with an established tenant base and consistent in-place income, providing investors with a turnkey asset from day one. Its premier location places residents within walking distance of Atlantic City's renowned casinos, restaurants, entertainment venues, and waterfront attractions, further enhancing its long-term investment appeal. Whether you're expanding an existing portfolio or seeking a high-performing multifamily asset in a thriving coastal market, 141 S Ocean Avenue presents a compelling opportunity to secure a property that offers both stability and future appreciation potential.

Highlights

Listed by John Patrick Delaney , 2155955071 KW Empower , 2156273500. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.07

Year Built

1920

County

Atlantic

Area

Atlantic City (20102)

School District

Atlantic City Schools

Listing ID

NJAC2025450

Questions about this listing?

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Interior Features

Air Cond:Window Unit(s)
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Lot Dimensions:50.00 x 60.00
Zoning:RS-C
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$12,150
Taxes
$1,062

Home Price

$2,250,000

Loan Details

30 yrs
7.144%

Down Payment

20%
$450,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$12,150.03

Principal

Taxes

Principal Taxes HOA Total
Monthly $12,150.03 $1,061.83 $0.00 $13,211.86
Yearly $145,800.31 $12,742.00 $0.00 $158,542.31
Total $4,374,009.26 $382,260.00 $0.00 $4,756,269.26
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Atlantic City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T01:13:51.000Z

© 2026 Bright MLS