322 N Tennessee Ave Atlantic City, NJ 08401
- Added:
- Jan 23, 2026
- Days on Market:
- 87
- Last Refresh:
- Apr 20 at 6:06 am
Property Features for 322 N Tennessee Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Zoning
- RM2
- Rooms
- Kitchen, Laundry
- Patio and Porch features
- Deck
- Exterior features
- Curbs, Deck, Sidewalks
- Appliances
- Refrigerator
- Standard status
- Active
- Size
- 1,814 SF
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 5641
Utilities
- Heating system
- Baseboard, Hot Water (Heating), Natural Gas
Building Details
- Number of units
- 2
Listing agent GERARD (Jerry) BARKER License #0566410 (609) 481-7745
Listing office WEICHERT REALTORS ASBURY GROUP-AC 524 PACIFIC AVENUE, ATLANTIC CITY, NJ (609) 344-6200
Listing date Jan 23, 2026
MLS# 604154
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.
Overview
Atlantic City Duplex Investment Opportunity
This duplex in Atlantic City, NJ, presents an investment opportunity with a potential cap rate of 11.50%. The property features two renovated units. The second-floor apartment, with two bedrooms, is currently rented for $1750 per month. The ground floor unit is now vacant. Both units include vinyl plank flooring, natural gas cooking, natural gas hot water baseboard heating, eat-in kitchens with decks, large living rooms, two large bedrooms, one full bathroom, and washer/dryer hook-ups. Parking is available in the back of the property and along Tennessee and Drexel Avenues. The property is located close to the AC Expressway and Route 30 (White Horse Pike), providing easy access in and out of the city. It is also near NY Ave School, the AC Convention Center, and the Outlets at the Tanger Walk shopping center. The Borgata, Harrahs, and Golden Nugget hotels and casinos, the Absecon Lighthouse, and the Jersey Shore beaches and Boardwalk are a short drive away. Existing tenants are responsible for their own gas and electric. Public transportation options are available in the neighborhood. The property size is 1814 square feet. The zoning is RM2. This property is suitable for savvy buyers looking to capitalize on a booming real estate market.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Atlantic City
- County
- Atlantic
- State
- New Jersey
- Longitude
- -74.4315058
- Latitude
- 39.3670477
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Renovated duplex with potential for high cap rate.
Where is this duplex located?
The property is located at 322 N Tennessee Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: High Income Potential: 11.50% Cap Rate with potential for positive cash flow.; Dual Income Opportunity: Live in one renovated unit and rent out the other to cover expenses.; Renovated Units: Each unit features vinyl plank flooring, natural gas cooking and heating, eat‑in kitchens with decks, large living rooms, two large bedrooms, one full bathroom, and washer/dryer hook‑ups.
