Atlantic City Multifamily
For Sale
$625,000
18 N Sovereign Ave, Atlantic City, NJ 08401
MULTI_FAMILY - Atlantic City, NJ
Property SizeContact for details
Days on Market171
Property Features for 18 N Sovereign Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Patio and Porch features
Porch
Exterior features
Porch
Appliances
Gas Stove, Refrigerator
Directions
Sovereign Ave between Atlantic And Arctic Ave
Subdivision
Atlantic City
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
8450
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Building Details
Year built
1940
Number of units
5
Listing Agency:
BHHS FOX and ROACH-Northfield
(609) 646-1900
Listed By:
CHAK (LEON) TONG · License #SP-9701042
(609) 338-3779
Added: Mar 9
Changed: May 21
Last Checked: Aug 26 at 1:06PM
MLS# 605437
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 multifamily property is located in Atlantic City, New Jersey. The property features five legally recognized units operating under a nonconformity status. It is currently at 100% occupancy. The property is situated in close proximity to a school, transportation options, and a casino, presenting a potential investment opportunity.
Key Highlights
- Legal 5‑unit building with 100% occupancy.
- Close proximity to school, transportation, and casino.
- Enjoy the porch.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,411
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Five-unit multifamily property with full occupancy near amenities.
Where is this apartment building located?
The property is located at 18 N Sovereign Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Legal 5‑unit building with 100% occupancy.; Close proximity to school, transportation, and casino.; Enjoy the porch.
