Bay-View Brick
For Sale
$569,000
125 N Kingston Ave, Atlantic City, NJ 08401
MULTI-FAMILY, Atlantic City, NJ
Property Size2,700 SF
Price / SF$210.74
Days on Market19
Property Features for 125 N Kingston Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R-2
Bedrooms
5
Bathrooms
4
Full bathrooms
2
Half bathrooms
2
Rooms
Bedroom 2, Bedroom 1, Bedroom 4, Dining Room, Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 4, Bathroom 2, Bathroom 3
Patio and Porch features
Deck
Exterior features
Bay View, Deck, Recreation Area
Appliances
Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Washer
Lot features
Bay Front, Corner
Directions
Ventnor Ave to Kingston Ave toward bay. Property at corner of Kingston & Sunset.
Subdivision
Atlantic City
Standard status
Active
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7392
Utilities
Sewer type
Public Sewer
Heating system
Baseboard, Hot Water(Heating), Radiant
Cooling system
Wall Unit(s), Ceiling Fan(s), Electric
Water source
Public
Water front
1
Building Details
Year built
1920
Number of units
2
Listing Agency:
Keller Williams Realty Jersey Shore - Margate
(609) 823-3500
Listed By:
ROXANA PELIN
(609) 665-6715
Added: Sep 18
Changed: Sep 23
Last Checked: Oct 6 at 7:06PM
MLS# 612025
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 1920 brick duplex contains approximately 2,700 square feet across two residences: a three-bedroom, 1.5-bath upper unit and a two-bedroom, 1.5-bath lower unit. Improvements include updated flooring and bathrooms, a newer roof, and electrical and plumbing work. Each residence has its own washer and dryer, tankless water heater, and separately metered gas and electric service. The lower unit includes a primary bedroom and a deck oriented toward the bay, while the upper unit is occupied by tenants.
The property is located at 125 N Kingston Ave in Atlantic City, within the 08401-3316 postal area. Public water and sewer serve the property. Additional features include a dishwasher, gas stove, microwave, refrigerator, ceiling fans, and wall-unit cooling. R-2 zoning and the two-residence layout support continued duplex use, subject to applicable requirements.
The property is located at 125 N Kingston Ave in Atlantic City, within the 08401-3316 postal area. Public water and sewer serve the property. Additional features include a dishwasher, gas stove, microwave, refrigerator, ceiling fans, and wall-unit cooling. R-2 zoning and the two-residence layout support continued duplex use, subject to applicable requirements.
Key Highlights
- Approximately 2,700 square feet configured as two residences
- Three‑bedroom upper unit and two‑bedroom lower unit, each with 1.5 baths
- Bay‑facing deck with views and outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,748
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,960
$615.0K
Cap Rate 7%
$439,257
$439.3K
Cap Rate 9%
$341,644
$341.6K
Market Conditions
NOI Build-Up for 2,700 SF
Gross rent
$47.0K $17.40/SF
− Vacancy
−$3.1K −$1.13/SF
EGI
$43.9K $16.27/SF
− OpEx
−$13.2K −$4.88/SF
NOI
$30.7K $11.39/SF
Area
Atlantic County, NJ
Vacancy
6.50%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,960
Cap Rate 7%
$439,257
Cap Rate 9%
$341,644
Alternative Uses
Best Use
Multifamily LT 5
$439.3K
$384.4K – $512.5K
NOI $30,748 @ 7.0% cap · market cap 5.40%
Second Best
Apartment 5plus
$386.1K
$337.8K – $450.4K
NOI $27,026 @ 7.0% cap · market cap 4.75%
Theoretical Best
Warehouse
$1.01M
$879.8K – $1.17M
NOI $70,382 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
674
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with separate utilities, updated interiors, and a bay-facing deck.
Where is this duplex located?
The property is located at 125 N Kingston Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Approximately 2,700 square feet configured as two residences; Three‑bedroom upper unit and two‑bedroom lower unit, each with 1.5 baths; Bay‑facing deck with views and outdoor space
