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    36 N Florida Ave Atlantic City, NJ 08401

    For Sale
    $459,000

    Triplex - Atlantic City, NJ

    Type:Triplex
    Days on Market:
    116
    Last Refresh:
    Dec 6 at 10:06 pm

    Property Features for 36 N Florida Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
    Bedrooms
    8
    Bathrooms
    3
    Patio and Porch features
    Porch, Deck
    EntryLevel
    Basement,Lower,Upper
    Exterior features
    Curbs, Deck, Fenced Yard, Porch, Sidewalks
    Fencing
    Fenced
    Basement Y/N
    1

    Utilities

    Heating system
    Natural Gas, Other (Heating)

    Building Details

    Number of units
    3

    MARCHESE REAL ESTATE, LLC

    Listing agent Austin Dillon (609) 241-5141 License #2294178

    Listing date Aug 13, 2025

    MLS# 598471 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 Income-Producing Triplex

    Located in Atlantic City, NJ, the property at 36 N Florida Ave is a triplex suitable for investors or owner-occupants. The property includes two 2-bedroom, 1-bath units, one of which is currently rented. There is also one 4-bedroom, 1-bath unit that is currently vacant. The property is located minutes from the beach, boardwalk, casinos, and public transportation. The property is being sold AS-IS, with the buyer responsible for the Certificate of Occupancy and all municipal requirements. The property offers a path to long-term wealth in one of Atlantic City’s most promising neighborhoods.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Hair Salon Restaurant 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
    -74.4428187
    Latitude
    39.357698

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    FAQs

    What type of property is this?
    Triplex - Spacious triplex in Atlantic City with immediate income potential.
    Where is this triplex located?
    The property is located at 36 N Florida Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $459,000.
    What are key features of this property?
    This property features: - Income-producing triplex with a total gross rental potential of $5,600/month or $67,200/year.; - House-hack opportunity: live in the vacant 4-bedroom unit and offset your mortgage with $3,400/month in rental income.; - Two 2-bedroom units are already generating $1,700/month each.
    (609) 241-5141
    Request Owner's contact information
    36 N Florida 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
    36 N Florida Ave Atlantic City, NJ 08401
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