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Vacant Legal Duplex Near Beach
For Sale
$549,000

46 S Elberon Ave, Atlantic City, NJ 08401

MULTI-FAMILY, Atlantic City, NJ

Property SizeContact for details
Days on Market91

Property Features for 46 S Elberon Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-2
Bedrooms 8
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Bathroom 2, Bedroom 8, Bedroom 7, Bedroom 3, Bedroom 1, Bedroom 6, Bedroom 5
Patio and Porch features Porch, Deck
Exterior features Deck, Porch, Sidewalks
Directions From Atlantic Ave, turn left on S. Elberon Ave. Property on your left.
Subdivision Atlantic City
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6672

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1900
Number of units 2
Listing Agency: GARDEN STATE PROPERTIES GROUP
Listed By: Rita O'Brien · License #0458027
Added: Jun 12 Changed: Sep 7 Last Checked: Sep 10 at 7:06PM
MLS# 608884

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.

Investment Insights

Based on property information with market context.

This vacant legal duplex includes a lower-level apartment with 2 bedrooms and 1 full bath, along with a main upper residence offering 6 bedrooms and 2 full baths. The lower unit has updated appliances, new carpeting, and fresh paint. The property also features a new roof, natural gas heat, public water, public sewer, a porch, deck, and sidewalks. Built in 1900, the home is zoned R-2.

Located at 46 S Elberon Ave in Atlantic City, the property sits 1.5 blocks from the beaches and boardwalk. The two-unit configuration provides separate residential spaces, while the vacant condition allows the next owner to determine the preferred rental or occupancy approach, including long-term or short-term use as supported by local requirements.

Key Highlights

  • Legal duplex with 6‑bedroom upper residence and 2‑bedroom lower apartment
  • Lower unit updated with new carpeting, fresh paint, and updated appliances
  • Upper residence includes 6 bedrooms and 2 full baths

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Electrical Service (Bike/Boat/Book/etc) Store Plumbing Service Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

924
Businesses Nearby

Demographics for 08401, NJ

38,536
Population
20,116
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
76%
High-School Grad
10.7 sq mi
ZIP Area
3,601
Density / Sq Mi
$36,375
Median Household Income
$28,915
Median Earnings
$1,086
Median Rent
$189,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with a renovated lower apartment and a larger upper residence.
Where is this duplex located?
The property is located at 46 S Elberon Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Legal duplex with 6‑bedroom upper residence and 2‑bedroom lower apartment; Lower unit updated with new carpeting, fresh paint, and updated appliances; Upper residence includes 6 bedrooms and 2 full baths
More about this property
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