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Six-Unit Apartment Building
For Sale
$799,000

111 Oriental Ave, Atlantic City, NJ 08401

MULTI-FAMILY, Atlantic City, NJ

Property SizeContact for details
Days on Market363

Property Features for 111 Oriental Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RS-C
Bedrooms 11
Rooms Bedroom 7, Bedroom 9, Bedroom 2, Bedroom 4, Basement, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 8, Bedroom 11, Bedroom 10, Bedroom 6
Parking features Offsite
Exterior features Sidewalks
Lot features Beach Block
Directions Atlantic Ave to New Hampshire to Oriental Ave
Subdivision Atlantic City
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6760

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1950
Number of units 6
Listing Agency: eXp Realty - Ocean City S382K
Listed By: HADER RIVAS · License #0345922
Added: Oct 9, 2025 Changed: Sep 16 Last Checked: Oct 6 at 9:06PM
MLS# 601901

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 Atlantic City apartment property has been stripped to the structure and arranged for six units: five two-bedroom apartments and one one-bedroom apartment, each with one bathroom. The building includes newly installed windows, plywood flooring, and a full basement. Natural gas heat, public water, and public sewer serve the property, with offsite parking and sidewalks also noted.

Located at 111 Oriental Avenue, the property offers direct ocean views and immediate beach access. The Ocean Casino Resort is nearby, along with an area identified for ongoing redevelopment. RS-C zoning is in place, and the current configuration aligns with a six-unit limit. Expanding the unit count or restoring basement living space would require a variance.

Key Highlights

  • Six‑unit layout with five two‑bedroom units and one one‑bedroom unit
  • Each apartment is configured with one bathroom
  • Brand‑new windows and plywood flooring installed

Property Analytics

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Current Use

Short term rental ...

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Auto Parts Store Computer & Electronic Repair Garden Center

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

631
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?
Apartment building - Repositioning project with new windows, plywood flooring, and a full basement near the Atlantic City oceanfront.
Where is this apartment building located?
The property is located at 111 Oriental Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Six‑unit layout with five two‑bedroom units and one one‑bedroom unit; Each apartment is configured with one bathroom; Brand‑new windows and plywood flooring installed
More about this property
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