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    1017 Arctic Ave Atlantic City, NJ 08401

    For Sale
    $325,000

    Triplex - Atlantic City, NJ

    Type:Triplex
    Days on Market:
    24
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1017 Arctic Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Zoning
    NC-1
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2
    Bedrooms
    2
    Bathrooms
    2

    Utilities

    Heating system
    Natural Gas, Zoned (Heating)

    Building Details

    Year built
    1930
    Number of units
    3
    Building materials
    Brick

    Keller Williams Realty Atlantic Shore (609) 839-7904 [email protected]

    Listing agent DANIEL RALLO (609) 484-9890 License #0448508

    Listing date Nov 12, 2025

    MLS# 602253 Listing URL

    Copyright © 2025 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Triplex Near Hard Rock Casino

    This three-story mixed-use brick building offers a total of 2,050 sq ft and is located in an up-and-coming corridor near the Hard Rock Casino and major redevelopment zones. The property is zoned Commercial (Land Use - State) and sits on a 15 ft x 62 ft lot (0.0214 acres). The building features a vacant 700 sq ft commercial storefront, with a new tenant coming soon (Dominican Restaurant) on the first floor, and two residential apartments, both 1 bedroom and 1 bathroom, on the second and third floors. One of the apartments is currently rented for $1,300 per month, and the other one will be vacant in December and ready for a new tenant. The building includes central heating and cooling, features one brand-new bathroom and one updated bathroom, and is situated close to future job growth and infrastructure improvements. This property is suitable for investors seeking cash flow, owner-occupants looking to offset costs with rental income, or business owners wanting to live and work on-site.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Food Market Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlantic City
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.4249229
    Latitude
    39.3654696

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    FAQs

    What type of property is this?
    Mixed-use property - Three-story mixed-use building with commercial space and two apartments.
    Where is this mixed-use property located?
    The property is located at 1017 Arctic Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Prime location in an up-and-coming corridor near the Hard Rock Casino and major redevelopment zones.; - Diverse income-producing layout with a commercial storefront and two residential apartments.; - Vacant 700 sq ft commercial storefront with a new tenant (Dominican Restaurant) coming soon.
    (609) 484-9890
    Request Owner's contact information
    1017 Arctic Ave Atlantic City, NJ 08401
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    Atlantic City, NJ 08401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1017 Arctic Ave Atlantic City, NJ 08401
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