Search
29-Unit Apartment Building
For Sale
$2,250,000

141 OCEAN AVENUE, Atlantic City, NJ 08401

Operational multifamily property with an established tenant base and window air conditioning.

Property Size4,657 SF
Price / SF$483.14
Days on Market9

Property Features for 141 OCEAN AVENUE

General Information

Standard status Active
Size 4,657 SF
Property subtype Multi-Family

Additional Details

Multifamily Units 29

Taxes and HOA fees

Annual Taxes $12,742

Amenities

Window Air Conditioning
3
Parking.
On Street.
50.00 x 60.00
Other.

Building Details

Year Built 1920
Listing Agency: KW Empower
Listed By: John Delaney
Source: Xome
Added: Jul 27 Changed: Aug 2 Last Checked: Aug 4 at 3:34AM

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 KW Empower

Investment Insights

Based on property information with market context.

This 29-unit apartment property contains approximately 4,657 square feet and was built in 1920. The building is fully operational with an established tenant base and consistent in-place income. Window air conditioning is provided, and parking is available on street.

The property is located at 141 S Ocean Avenue in Atlantic City, placing residents within walking distance of the Boardwalk, beach, casinos, restaurants, entertainment venues, and waterfront attractions. The parcel measures 50.00 x 60.00.

Key Highlights

  • 29‑unit multifamily property
  • Approximately 4,657 square feet
  • Built in 1920

Property Analytics

Current Use

Apartment buildings

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.

Lease Details

29
Residential units

Location Intelligence

Trade Area within ½ mile

2,333
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Operational multifamily property with an established tenant base and window air conditioning.
Where is this apartment building located?
The property is located at 141 OCEAN AVENUE Atlantic City, NJ.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 29‑unit multifamily property; Approximately 4,657 square feet; Built in 1920
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message