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42-Room Hotel with Restaurant
For Sale
$1,399,000

142 S Tennessee Ave, Atlantic City, NJ 08401

COMMERCIAL - Atlantic City, NJ

Property SizeContact for details
Days on Market532

Property Features for 142 S Tennessee Ave

General Information

Property type Commercial Sale
Property subtype Other
Interior features 220 Volt Electricity
Lot features Beach Block, Island
Directions ATLANTIC AVE TO TENNESSEE AVE THEN EAST TO 142 S
Subdivision Atlantic City
Standard status Active

Taxes and HOA fees

Tax Year 2021
Tax Annual Amount 31872

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Flooring type Carpet - Partial
Listing Agency: A C LANDMARK LLC
Listed By: MARTIN HAMSON · License #SB-7847009
Added: Mar 11, 2025 Changed: Aug 4 Last Checked: Aug 24 at 11:06AM
MLS# 594064

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 15,000-square-foot hotel contains 42 rooms and includes a 5,000-square-foot restaurant and sports bar. The property is fully occupied and features partial carpeting, natural gas heating, 220-volt electricity, public water, and public sewer.

Positioned on the beach block of Atlantic City, the property offers ocean views and sits two blocks from Resorts Casino Hotel. Its combination of lodging accommodations and food-and-beverage space creates a unified hospitality asset within the city’s established tourism setting.

Key Highlights

  • 15,000‑square‑foot hotel with 42 rooms
  • 5,000‑square‑foot restaurant and sports bar included
  • Fully occupied property

Property Analytics

Current Use

Greater Pittsburgh Hotel Hotel & Motel Maloney's Uptown Restaurant KABAB HOUSE Restaurant

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,485
Businesses Nearby
73k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Dining 28% Groceries 14% Hotels & Casinos 11%
Save-A-Lot Groceries
10,112 visits/mo 0.4 miles
Popeyes Louisiana Kitchen Dining
9,549 visits/mo 0.3 miles
TD Bank Shops & Services
9,513 visits/mo 0.3 miles
Wells Fargo Shops & Services
7,177 visits/mo 0.2 miles
Bank of America Shops & Services
7,154 visits/mo 0.3 miles

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 Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Hotel - Fully occupied hospitality property with an integrated restaurant and sports bar in Atlantic City.
Where is this hotel located?
The property is located at 142 S Tennessee Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 15,000‑square‑foot hotel with 42 rooms; 5,000‑square‑foot restaurant and sports bar included; Fully occupied property
More about this property
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