2722 Atlantic Avenue, Atlantic City, NJ 08405
MULTI_FAMILY - Atlantic City, NJ
- Added:
- May 3, 2026
- Days on Market:
- 61
- Last Refresh:
- Jul 2 at 1:06 am
Property Features for 2722 Atlantic Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Basement
- Partially Finished
- Standard status
- Active
- APN
- 02-00174-0000-00001
- Size
- 37,673 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 57572
Utilities
- Sewer type
- Public Sewer
Building Details
- Year built
- 1930
- Floors in Building
- 5
- Number of units
- 38
Listing agent Michael Brooke (732) 905-5511
Listing office Imperial Real Estate Agency 212 Second Street Suite 405, Lakewood, NJ (732) 905-5511
Listing date May 3, 2026
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Strong 8.60% cap rate on as‑is NOI with a path to 9.55% pro forma.
- 38‑unit mixed‑use building with 32 residential units and 6 ground‑floor retail storefronts.
- Prime location adjacent to the Tropicana Atlantic City, capturing high foot traffic.
- Excellent value‑add potential through lease‑up of vacant units and rent‑control leniency.
- Gas‑to‑electric heat conversion opportunity.
- 37,673 SF property with elevator.
Overview
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Atlantic City
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.445158
- Latitude
- 39.354922
