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Mixed-Use Income Building
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1722 Atlantic Ave, Atlantic City, NJ 08401

Mixed-use building with two commercial long-term tenants and 12 apartments, currently 100% occupied with separate utilities.

Property SizeContact for details
Days on Market143

Property Features for 1722 Atlantic Ave

General Information

Standard status Active
Property subtype Multifamily
Occupancy 100%

Additional Details

Multifamily Units 12
Listing Agency: Atlantic Real Management
Listed By: Menashe Oved · License #NY112289
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 23 at 10:43AM

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 Atlantic Real Management

Investment Insights

Based on property information with market context.

This mixed-use income building includes two commercial long-term tenants and 12 apartments in two separate buildings. The residential units consist of one 3-bedroom, seven 2-bedroom, two 1-bedroom, and two studios. The buildings are described as well maintained, and heating and cooling are split between the two structures: one building is updated with central heat and air conditioning, while the other uses electric baseboard heat and window units.

The property is located on Atlantic Avenue in the center of town. The area is described as being near several key destinations, including AtlantiCare Regional Medical Center, Tanger Outlet Stores, and the NJ Transit bus station, each within two blocks of the building.

Residential units are separately metered for electric and gas, while water and sewer are split between the owner and the two commercial tenants equally. The buildings are currently 100% occupied.

Key Highlights

  • Mixed‑use commercial building on Atlantic Avenue with 2 commercial long‑term tenants and 12 apartments.
  • Currently 100% occupied; unit mix includes 3BR, seven 2BR, two 1BR, and two studios.
  • Two separate commercial/residential buildings: one has central heat and air, the other uses electric baseboard heat and window units.

Property Analytics

Current Use

Ocean Spa | Asian ... Alternative Medicine Practice GOLD SPA | Massage ... Alternative Medicine Practice Ocean Therapy Alternative Medicine Practice

Suggested Use

Top Pick Auto Parts Store Garden Center Storage Facility Locksmith Veterinary Clinic Catering Service

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

12
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,941
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed-use building with two commercial long-term tenants and 12 apartments, currently 100% occupied with separate utilities.
Where is this apartment building located?
The property is located at 1722 Atlantic Ave Atlantic City, NJ.
What are key features of this property?
This property features: Mixed‑use commercial building on Atlantic Avenue with 2 commercial long‑term tenants and 12 apartments.; Currently 100% occupied; unit mix includes 3BR, seven 2BR, two 1BR, and two studios.; Two separate commercial/residential buildings: one has central heat and air, the other uses electric baseboard heat and window units.
More about this property
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