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    3809 Ventnor Ave Atlantic City, NJ 08401

    New
    For Sale
    $2,250,000

    Commercial - Atlantic City, NJ

    Days on Market:
    6
    Last Refresh:
    Dec 6 at 1:06 am

    Property Features for 3809 Ventnor Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Fire Alarm, Security Lighting, Security System
    Zoning
    NC-1
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    11
    Interior features
    Security System, Smoke/Fire Alarm, Storage
    Exterior features
    Dock/Pier/Slip, Security Light/System
    Dock
    1
    Basement Y/N
    1

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1939
    Floors in Building
    4
    Number of units
    9
    Flooring type
    Linoleum, Vinyl
    Building materials
    Brick, Stone
    Roof type
    Flat

    eXp, Realty-Northfield (609) 992-6872

    Listing agent HADER RIVAS (609) 992-6872 License #0345922

    Listing date Dec 1, 2025

    MLS# 602801 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

    Bayfront Multi-Unit Investment Opportunity

    This bayfront nine-unit building in Lower Chelsea is located directly across from Stockton University’s Island Campus and just two blocks from the beach and boardwalk. The property includes seven three-bedroom units, one two-bedroom unit, and one one-bedroom unit. Currently, five units are leased on annual terms, while four are vacant and ready for immediate occupancy. The owner reports riparian rights for six boat slips and prior approvals for a rooftop deck. All units have already been condo-converted, providing buyers the flexibility to either hold the property for long-term rental income and appreciation or resell the units individually. This dual exit strategy makes the property highly appealing for investors seeking a wholesale acquisition with multiple paths for value growth. Recent improvements include new electrical systems throughout the building with permits, new panels and wiring, upgraded common-area lighting, new HVAC systems, approximately 80% new plumbing stacks, a new sewer line to the street, roof re-lining, eight tons of gravel added to the rear yard, removal of the old boiler, and added structural reinforcement with steel I-beams at the base of the building and sistered 4x4 beams at the main support columns on each floor. The property is fully fenced and secured with combination locks and a sixteen-channel camera system. Units offer water views, central air conditioning, gas heating, and gas cooking. Units A, B, C, 1, 3, and 5 were fully gutted and renovated, while units 2, 4, and 6 were recently updated. Street parking is available, and public transportation is easily accessible out front. The Ventnor-side location is close to grocery stores, restaurants, pharmacies, retail, and major Atlantic City destinations including Tropicana, Caesars, Hard Rock, and Ocean Casino.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Food Market Gym & Fitness

    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
    -74.45631
    Latitude
    39.350925

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    FAQs

    What type of property is this?
    Apartment building - Nine-unit building near Stockton University with condo conversion potential.
    Where is this apartment building located?
    The property is located at 3809 Ventnor Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $2,250,000.
    What are key features of this property?
    This property features: - Bayfront property with riparian rights for **six boat slips**.; - Nine-unit building with a mix of unit sizes (seven 3-bedroom, one 2-bedroom, one 1-bedroom).; - All units are condo-converted, offering flexibility for rental income or individual resale.
    (609) 992-6872
    Request Owner's contact information
    3809 Ventnor 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
    3809 Ventnor Ave Atlantic City, NJ 08401
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