2-Unit Duplex with Detached
New
For Sale
$599,900
17 N Providence Ave, Atlantic City, NJ 08401
MULTI-FAMILY, Atlantic City, NJ
Property Size1,822 SF
Price / SF$329.25
Days on Market1
Property Features for 17 N Providence Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2, Bathroom 4, Dining Room, Bedroom 3, Laundry Room, Bedroom 6, Bathroom 3, Bedroom 5, Bedroom 4
Patio and Porch features
Deck
Exterior features
Deck, Sidewalks
Appliances
Gas Stove, Microwave, Refrigerator
Directions
Coming from Black Horse Pike, turn left onto Winchester Ave. and then turn right onto Providence.
Subdivision
Atlantic City
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3394
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air, Electric
Water source
Public
Amenities
central air conditioning
porch
Building Details
Year built
1900
Number of units
2
Listing Agency:
NVC REALTY
(609) 485-2005
Listed By:
ALEX NAVA
(609) 742-8304
Added: Oct 6
Last Checked: Oct 6 at 7:06PM
MLS# 612639
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 Atlantic City duplex contains approximately 1,822 square feet across two residences. The first-floor unit has two bedrooms and one full bathroom; the upper residence has four bedrooms, two full bathrooms, and a half bath. A porch off the upper unit’s primary bedroom looks toward the city and its casinos. Renovation work included new HVAC, plumbing, electrical systems, kitchens, and bathrooms, along with central air conditioning.
A driveway accommodates multiple vehicles, and a detached garage offers additional parking or storage. The property is a few blocks from the beach and near casinos, restaurants, and public transportation.
A driveway accommodates multiple vehicles, and a detached garage offers additional parking or storage. The property is a few blocks from the beach and near casinos, restaurants, and public transportation.
Key Highlights
- Two‑unit property with approximately 1,822 square feet
- First‑floor unit: 2 bedrooms and 1 full bathroom; upper unit: 4 bedrooms, 2 full bathrooms, and 1 half bath
- Renovation included new HVAC, plumbing, electrical systems, kitchens, and bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,749
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$414,980
$415.0K
Cap Rate 7%
$296,414
$296.4K
Cap Rate 9%
$230,544
$230.5K
Market Conditions
NOI Build-Up for 1,822 SF
Gross rent
$31.7K $17.40/SF
− Vacancy
−$2.1K −$1.13/SF
EGI
$29.6K $16.27/SF
− OpEx
−$8.9K −$4.88/SF
NOI
$20.7K $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%
$414,980
Cap Rate 7%
$296,414
Cap Rate 9%
$230,544
Alternative Uses
Best Use
Multifamily LT 5
$296.4K
$259.4K – $345.8K
NOI $20,749 @ 7.0% cap · market cap 3.46%
Second Best
Apartment 5plus
$260.5K
$228.0K – $304.0K
NOI $18,238 @ 7.0% cap · market cap 3.04%
Theoretical Best
Warehouse
$678.5K
$593.7K – $791.6K
NOI $47,495 @ 7.0% cap · market cap 7.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,238
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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Cap Rate, Value Estimation, Potential NOI and more
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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 - The two residences offer a combined six bedrooms and three-and-a-half bathrooms.
Where is this duplex located?
The property is located at 17 N Providence Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Two‑unit property with approximately 1,822 square feet; First‑floor unit: 2 bedrooms and 1 full bathroom; upper unit: 4 bedrooms, 2 full bathrooms, and 1 half bath; Renovation included new HVAC, plumbing, electrical systems, kitchens, and bathrooms
