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    243 S Metropolitan Ave Atlantic City, NJ 08401

    For Sale
    $220,000

    1 To 6,000 Sqft - Atlantic City, NJ

    Lot size:
    0.04 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 8 at 8:06 pm

    Property Features for 243 S Metropolitan Ave

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Casino
    Lot size
    0.04 Acres

    PRUDENTIAL FOX and ROACH-144H (609) 822-4200

    Listing agent JUDI COHEN (609) 822-4200 License #9808071

    Listing date Aug 7, 2025

    MLS# 599105 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

    Ocean Block Land, Atlantic City

    This ocean block property is located in Atlantic City, adjacent to the Ocean Casino, and is situated in the LH-2 District. The lot offers an investment opportunity near the beach and the Boardwalk. Its location is near the Island water park in the Showboat Resort, making it suitable for hospitality, retail, or luxury real estate projects. The property alone would require a use variance for single family or duplex use and numerous bulk and area variances. The lot size is 0.04 acres.
    Property Profile 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
    -74.4133523
    Latitude
    39.362965

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    FAQs

    What type of property is this?
    Commercial land - Prime location near Ocean Casino, ideal for development.
    Where is this commercial land located?
    The property is located at 243 S Metropolitan Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Prime ocean block location adjacent to Ocean Casino; - Unparalleled investment opportunity in LH-2 District; - Steps away from the beach and Boardwalk
    (609) 822-4200
    Request Owner's contact information
    243 S Metropolitan 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
    243 S Metropolitan Ave Atlantic City, NJ 08401
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