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1601 Arctic Ave Atlantic City, NJ 08401

Sponsored
For Sale
$45,000,000

1+ To 5 Acres - Atlantic City, NJ

Lot size:
1.00 Acre
Days on Market:
11
Last Refresh:
Feb 1 at 11:06 am

Property Features for 1601 Arctic Ave

General Information

Property type
Land
Property subtype
Other
Standard status
Active
Lot size
1.00 Acre

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Listing Contact
HOLLIE WILKES

HomeSmart First Advantage Realty - Northfield (856) 363-3000

Listing agent HOLLIE WILKES (609) 645-6000 License #0341115

Listing date Jan 22, 2026

MLS# 604082 Listing URL

Copyright © 2026 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.

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Property Insight Report

Overview

Atlantic City CBD Development Opportunity

This offering presents a package deal featuring four lots, identified as Block 326, Lots 2, 5, 6, and 7, which together form a complete block within the highly desirable CBD district of Atlantic City, NJ. Situated on the corner of Martin Luther King Jr. Blvd, a major thoroughfare for entering and exiting the city, and the historic Kentucky Ave, the property is located across from Atlantic Cape Community College's city campus. The CBD zone is intended to promote and support core commercial, financial, retail, and entertainment functions vital to the city, primarily along major corridors like Atlantic and Pacific Avenues, within the broader CRDA Tourism District. Permitted uses include a wide range of activities such as home occupations, multiple-family dwellings on upper floors, antique shops, bookstores, various retail stores, and potentially cannabis-related businesses as part of redevelopment efforts. This property is part of the "Green Zone" redevelopment plan, aiming to address vacant properties and diversify offerings, attracting new businesses and revenue. The high land values and public convenience justify a greater intensity of development and activity compared to other commercial zones. The total lot size is 1 acre.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Realty agency Restaurant Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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
-74.4318648
Latitude
39.3626626

FAQs

What type of property is this?
Commercial land - Four contiguous lots in Atlantic City's CBD district for sale.
Where is this commercial land located?
The property is located at 1601 Arctic Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $45,000,000.
What are key features of this property?
This property features: - Last Full Block Available in Highly Desirable CBD Zone: A rare opportunity!; - Package Deal: Includes four lots (Blk 326 Lots 2, 5, 6 & 7) for substantial development.; - Strategic Location: Corner lot on ML King Jr. Blvd. and Kentucky Ave.
More about this property
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