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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 Market317

Property Features for 111 Oriental Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RS-C
Bedrooms 11
Rooms Bedroom 10, Bedroom 9, Bedroom 1, Bedroom 4, Basement, Bedroom 6, Bedroom 2, Bedroom 5, Bedroom 7, Bedroom 8, Bedroom 3, Bedroom 11
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: Aug 4 Last Checked: Aug 21 at 3:06PM
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.

Located at 111 Oriental Ave, this apartment building (year built 1950) has been gutted and fit out for six units under the City’s current six-unit limit. The layout provides five two-bedroom units and one one-bedroom unit, with all units configured with one bath. A variance would be required for any additional units, including the potential to reactivate the basement level, which was once utilized for living space.

The groundwork is in place, including brand-new windows installed and plywood flooring in place. A full basement adds flexibility, subject to required approvals.

The property is positioned steps from the Atlantic City Boardwalk and the oceanfront, with direct ocean views and immediate access to the beach. Heating is natural gas, with public water and public sewer services. Offsite parking is provided, and the exterior features include sidewalks.

Key Highlights

  • Gutted and fit out for six units under the City’s six‑unit limit
  • Unit mix: five two‑bedroom units and one one‑bedroom unit, all with one bath
  • Variance required for any additional units, including potential basement reactivation

Property Analytics

Current Use

Apartment buildings

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

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Zoned RS-C and gutted for six units, with brand-new windows and a full basement ready for approvals.
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: Gutted and fit out for six units under the City’s six‑unit limit; Unit mix: five two‑bedroom units and one one‑bedroom unit, all with one bath; Variance required for any additional units, including potential basement reactivation
More about this property
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