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    3201 Atlantic Ave Atlantic City, NJ 08401

    For Sale
    $1,599,000

    Commercial - Atlantic City, NJ

    Days on Market:
    46
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 3201 Atlantic Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Fire Alarm, Fire Sprinkler System, Security System
    Rooms
    Laundry, Utility Room
    Parking features
    Off Street, Paved or Surfaced
    Interior features
    Elevator Pass, Fire Sprinkler System, Security System, Smoke/Fire Alarm
    Accessibility
    Accessible Elevator Installed

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Floors in Building
    3
    Number of units
    12
    Roof type
    Flat

    Farley and Ferry Realty Inc. (609) 822-1836 [email protected]

    Listing agent MARY LOU FERRY WIMMER (609) 822-1836 License #RB-8530847

    Listing date Oct 21, 2025

    MLS# 596918 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 Mixed-Use Investment Property

    Located in the heart of Atlantic City, this mixed-use corner property is situated at the intersection of Atlantic Avenue and N Montpelier Avenue, near Stockton University and two blocks from the boardwalk. The building is 90% occupied and features 12 units: 10 residential apartments and 2 commercial spaces. The ground floor includes two commercial units. One unit, approximately 1835 square feet, features seven rooms, including a large conference room, an open waiting area, a kitchen/break area, three private offices, and a half bathroom. The second commercial unit, approximately 1000 square feet, is leased to a medical practice and includes a reception area, four examination rooms, and a half bathroom. The second and third floors house the residential apartments, including two two-bedroom units, six one-bedroom units, and two studios. Each apartment has one full bathroom, separate electric meters, and its own air conditioning unit. The units are all electric, and tenants are responsible for the cost. The building is equipped with an elevator and a coin-operated shared laundry room on the ground level. A new roof was installed in 2023, and the property has been well maintained. Included in the sale is Lot 14 (2 N Montpelier Ave), which is directly behind the building and serves as a private parking lot for commercial tenants. The main building is located within the CRDA District, while the rear lot is governed by Atlantic City zoning. This is an income-producing property in a rapidly developing area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Oceanside II Family ... Community Center Dr. Sun Miao, ... Medical Clinic Executive Cleaning Carpet Cleaning Service Stiles Jacqueline Attorney

    Suggested Use

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

    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
    -74.4501393
    Latitude
    39.3533952

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    FAQs

    What type of property is this?
    Mixed-use property - High-visibility, 90% occupied mixed-use property near the boardwalk.
    Where is this mixed-use property located?
    The property is located at 3201 Atlantic Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: - Prime corner location on Atlantic Avenue, two blocks from the boardwalk and near Stockton University.; - High occupancy rate (90%) with a total of 12 units.; - Turn-key, income-producing property in a rapidly developing area.
    (609) 822-1836
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    3201 Atlantic 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
    3201 Atlantic Ave Atlantic City, NJ 08401
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