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    506 N New Jersey Ave Atlantic City, NJ 08401

    For Sale
    $340,000

    Duplex - Atlantic City, NJ

    Type:Duplex
    Property size:
    2,150 SF
    Days on Market:
    8
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 506 N New Jersey Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Zoning
    R1
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Kitchen, Laundry, Living Room
    Bedrooms
    4
    Bathrooms
    3
    Parking features
    Garage, Garage - Attached
    Patio and Porch features
    Patio, Porch
    EntryLevel
    Lower,Upper
    Exterior features
    Curbs, Fenced Yard, Patio, Porch-enclosed, Sidewalks
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
    Size
    2,150 SF

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Number of units
    2

    WEICHERT REALTORS ASBURY GROUP-AC (609) 344-6200

    Listing agent GERARD (Jerry) BARKER (609) 344-6200 License #0566410

    Listing date Nov 30, 2025

    MLS# 602584 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 Duplex Near Beach

    This legal two-family home, a "Bungalow Park Duplex", is located on N. New Jersey Ave in Atlantic City. The property features a one-car attached garage, a concrete driveway suitable for a second car, and ample street parking. The rear yard is fenced and includes a concrete patio. The property is situated close to the bay, Gardner's Basin, and the redesigned InkWell "Caspian" Beach, complete with a lifeguard station and fishing pier offering views of the Atlantic Ocean and Brigantine. The front door opens to a four-seasons room, followed by guest bedrooms and the master bedroom. The back features a large, open floor living space that includes the kitchen and dining area, filled with natural light from numerous windows. The spacious ground floor unit includes a game room with a pool table, a front bedroom, a full bathroom, a galley-style kitchen, a small back room, and interior access to the garage. This setup is suitable for entertaining guests. The property is located minutes from the beach and boardwalk, the Atlantic Ocean, Jersey Shore beaches, and the Absecon Lighthouse. This neighborhood near Historic Gardner's Basin offers amenities and activities, including a new mini-golf course and bike rentals. Jitney and bus services provide convenient access to Atlantic City's tourism district. The property is approximately 2150 square feet. There are no HOA fees, parking fees, or rental restrictions.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Restaurant Hair Salon Nail Salon Building Supply Clothing Store 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
    -74.4241206
    Latitude
    39.3726843

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    FAQs

    What type of property is this?
    Duplex - Two-family home near the beach and boardwalk in Atlantic City.
    Where is this duplex located?
    The property is located at 506 N New Jersey Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $340,000.
    What are key features of this property?
    This property features: - Legal two-family duplex: Live in one unit and rent out the other for income.; - Prime coastal location: Close to the Bay, Gardner's Basin, and the redesigned Caspian (Inkwell) Beach.; - Desirable neighborhood: Bungalow Park offers no HOA fees, no parking fees, and no rental restrictions.
    (609) 344-6200
    Request Owner's contact information
    506 N New Jersey 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
    506 N New Jersey Ave Atlantic City, NJ 08401
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