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Undeveloped Residential Lot
For Sale
$375,000

803 Penrose Avenue, Atlantic City, NJ 08401

Undeveloped residential lot in an established neighborhood, with buyer responsible for all zoning, utilities, and permitting due diligence.

Property SizeContact for details
Days on Market651

Property Features for 803 Penrose Avenue

General Information

Standard status Active
Property subtype LOTS/LAND / 20,001 SQFT to 1 Acre

Taxes and HOA fees

Annual Taxes $5,081
Listing Agency: KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIG
Listed By: Ronald Floczak · License #1865537
Source: Compass
Added: Oct 31, 2024 Changed: Aug 8 Last Checked: Mar 25 at 7:35PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIG

Investment Insights

Based on property information with market context.

This listing offers an undeveloped residential lot at 803 Penrose Avenue in Atlantic City. The property is being presented as a site for a future residential project, with no existing improvements described in the provided information.

As part of the purchase process, buyers are responsible for all due diligence and certifications with the City of Atlantic City. This includes verifying zoning and permitted uses, confirming utility connections, and securing all required permits and approvals.

If you’re looking for a residential build site and are prepared to complete the necessary city approvals and research, this vacant lot provides a straightforward starting point within an established neighborhood.

Key Highlights

  • Undeveloped residential lot at 803 Penrose Road, Atlantic City
  • Located in an established neighborhood
  • Buyer is responsible for all due diligence, certifications, and verification with the City of Atlantic City

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Hair Salon Spa & Massage Center Auto Repair Shop Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

135
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Undeveloped residential lot in an established neighborhood, with buyer responsible for all zoning, utilities, and permitting due diligence.
Where is this residential land & home lot located?
The property is located at 803 Penrose Avenue Atlantic City, NJ.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Undeveloped residential lot at 803 Penrose Road, Atlantic City; Located in an established neighborhood; Buyer is responsible for all due diligence, certifications, and verification with the City of Atlantic City
More about this property
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