Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    114 N Mississippi Ave Atlantic City, NJ 08401

    For Sale
    $495,000

    Commercial - Atlantic City, NJ

    Lot size:
    0.04 Acres
    Days on Market:
    160
    Last Refresh:
    Dec 7 at 3:06 pm

    Property Features for 114 N Mississippi Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    NC-2
    Lot size
    0.04 Acres

    Building Details

    Year built
    1950
    Floors in Building
    3
    Number of units
    6

    Coldwell Banker Argus Real Estate (609) 646-5001 [email protected]

    Listing agent PATRICIA BRIDGES (609) 646-5001 License #0571580

    Listing date Jul 1, 2025

    MLS# 597815 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

    Atlantic City Multifamily Investment Opportunity

    This is a legal 6-unit multifamily property situated in a phenomenal location across from Tanger Outlets and the Arts Garage, within the designated Arts and Tourism district. The property is near the train and bus terminals, a hospital, and casinos. The location has a walk score of 92, indicating it is a walker's paradise. Each of the six units features one bedroom and one bathroom. One rear unit is currently vacant and requires renovation, with a projected rental income of $1,200 per month. The remaining units are in good condition and have Certificates of Occupancy. The last rented unit generated $1,050 per month, but upgraded units could potentially rent for $1,200 per month. Tenants are responsible for electric and heat, which is provided via electric baseboard. The property includes a rear yard with a shed that could be renovated to include a coin-operated washer and dryer. The property is being sold in AS-IS condition on a lot of 0.04 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Skin Care Clinic

    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
    -74.4412913
    Latitude
    39.3593217

    Nearby Similar for Sale

    • New
      $1,900,000

      New Construction Duplex Near Beach

      Luxury duplex in Atlantic City's historic Lower Chelsea neighborhood.
      39 S Annapolis Ave, Atlantic City, NJ 08401
      View Details
    • New
      $2,250,000

      Bayfront Multi-Unit Investment Opportunity

      Nine-unit building near Stockton University with condo conversion potential.
      3809 Ventnor Ave, Atlantic City, NJ 08401
      View Details
    • $999,000
      4,620 SF

      Atlantic City Multifamily Investment Opportunity

      Steps from the Boardwalk with ocean views and redevelopment potential.
      111 Oriental Ave Ave, Atlantic City, NJ 08401
      View Details
    • $1,200,000
      2,730 SF

      Waterfront Multifamily with Marina Potential

      Unique multifamily property with marina potential and deep-water boat slips.
      555 N Maryland Ave, Atlantic City, NJ 08400
      View Details
    • New
      $824,900
      1,628 SF

      Versatile Income Property Near Beach

      Multi-unit property near the beach with income potential.
      101 N Brighton Ave, Atlantic City, NJ 08401
      View Details
    • $1,350,000

      Updated Beach-Block Home with Income

      Updated 7BR home with legal duplex near beach.
      108 S Dover Ave, Atlantic City, NJ 08401
      View Details

    FAQs

    What type of property is this?
    Apartment building - Legal 6-unit building near Tanger Outlets and Arts Garage.
    Where is this apartment building located?
    The property is located at 114 N Mississippi Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $495,000.
    What are key features of this property?
    This property features: - Legal 6-unit building.; - Phenomenal location across from Tanger Outlets and Arts Garage in designated Arts and Tourism district.; - High Walk Score (92) - **A Walker's Paradise.**
    (609) 646-5001
    Request Owner's contact information
    114 N Mississippi Ave Atlantic City, NJ 08401
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    114 N Mississippi Ave
    Atlantic City, NJ 08401
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    114 N Mississippi Ave Atlantic City, NJ 08401
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.