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Duplex with Five-Bedroom Apartment
For Sale
Under Contract
$449,000

132 N Tennessee Ave, Atlantic City, NJ 08401

MULTI-FAMILY, Atlantic City, NJ

Property SizeContact for details
Days on Market96

Property Features for 132 N Tennessee Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 5, Bedroom 2, Bedroom 3
Appliances Dishwasher, Dryer, Washer
Directions 4 blocks from the beach
Subdivision Atlantic City
Standard status Active Under Contract

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 8484

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Number of units 2
Listing Agency: LPT Realty
Listed By: ERIK EWELL · License #1643012
Added: May 28 Changed: Aug 24 Last Checked: Aug 31 at 4:06PM
MLS# 608331

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 duplex at 132 N Tennessee Ave includes a second-floor five-bedroom apartment that is rented. The interior features two bathrooms, a dishwasher, washer, and dryer, along with forced-air heating fueled by natural gas. Public water and public sewer serve the property.

The building is in downtown Atlantic City, four blocks from the beach. Its existing residential layout and current second-floor tenancy provide a clear basis for evaluating both long-term and short-term rental use.

Key Highlights

  • Second‑floor 5 bedroom apartment is rented
  • Duplex property in downtown Atlantic City
  • 4 blocks from the beach

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Auto Parts Store Garden Center Locksmith Storage Facility Catering Service (Bike/Boat/Book/etc) 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

2,731
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
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Frequently Asked Questions

What type of property is this?
Duplex - Features forced-air natural gas heat, a dishwasher, washer, dryer, and public water and sewer.
Where is this duplex located?
The property is located at 132 N Tennessee Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Second‑floor 5 bedroom apartment is rented; Duplex property in downtown Atlantic City; 4 blocks from the beach
More about this property
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