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    142 S Tennessee Ave Ave Atlantic City, NJ 08401

    Picture of Hotels at S Tennessee Ave Ave 142, Atlantic City, NJ
    For Sale
    $1,299,000

    Commercial - Atlantic City, NJ

    Days on Market:
    94
    Last Refresh:
    Dec 5 at 1:06 am

    Property Features for 142 S Tennessee Ave Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Interior features
    220 Volt Electricity

    Utilities

    Utilities
    Electricity Available
    Heating system
    Natural Gas

    Building Details

    Floors in Building
    4
    Flooring type
    Carpet, Carpet - Partial
    Building materials
    Stone

    A C LANDMARK LLC (609) 347-1550

    Listing agent MARTIN HAMSON (609) 517-7938 License #SB-7847009

    Listing date Sep 3, 2025

    MLS# 594064 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 Hotel and Restaurant

    This is a 15,000 square foot hotel with 42 rooms and a 5,000 square foot restaurant and sports bar. The property is located on the beach block of Atlantic City, New Jersey, offering ocean views and proximity to Resorts Casino and Hotel, situated just two blocks away. The property is currently fully occupied and income-producing. It can be sold with or without a New Jersey liquor license.
    Location Intelligence

    Current Use by Public Records

    Hotels

    Map

    City
    Atlantic City
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.426196
    Latitude
    39.358882

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    FAQs

    What type of property is this?
    Hotel - 15,000 SF hotel with 42 rooms and 5,000 SF restaurant/bar.
    Where is this hotel located?
    The property is located at 142 S Tennessee Ave Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $1,299,000.
    What are key features of this property?
    This property features: - Fully occupied 15,000 SF hotel featuring 42 rooms and a 5,000 SF restaurant/sports bar.; - Beach block location in Atlantic City with ocean views.; - Income-producing property.
    (609) 517-7938
    Request Owner's contact information
    142 S Tennessee Ave 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
    142 S Tennessee Ave Ave Atlantic City, NJ 08401
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