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Atlantic City Multifamily Investment

18 N Sovereign Ave Atlantic City, NJ 08401

Claim this Listing
For Sale
$625,000

MULTI_FAMILY - Atlantic City, NJ

Added:
Mar 9, 2026
Days on Market:
126
Last Refresh:
Jul 12 at 8:06 am

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
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 agent CHAK (LEON) TONG License #SP-9701042

Listing office BHHS FOX and ROACH-Northfield 1001 TILTON RD, NJ

Listing date Mar 9, 2026

MLS# 605437 Listing URL

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 Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Accounting Firm Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Locksmith Kitchen & Bath Showroom Catering Service Daycare Center Home Appliance Store Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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.
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More about this property
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