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Legal Quadplex with Vacant Commercial Space
For Sale
$340,000

203 N S Carolina Ave, Atlantic City, NJ 08401

MULTI-FAMILY, Atlantic City, NJ

Property SizeContact for details
Days on Market158

Property Features for 203 N S Carolina Ave

General Information

Property type Residential Multi Family
Property subtype Other
Exterior features Curbs, Sidewalks
Appliances Gas Stove, Refrigerator, Self Cleaning Oven
Lot features Boardwalk Area
Directions Near Corner of Baltic and N. South Carolina
Subdivision Atlantic City
Standard status Active

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 5658

Utilities

Sewer type Public Sewer
Heating system Hot Water(Heating), Natural Gas, Baseboard
Water source Public

Building Details

Number of units 4
Listing Agency: WEICHERT REALTORS ASBURY GROUP-AC
Listed By: GERARD (Jerry) BARKER
Added: Mar 26 Changed: Aug 25 Last Checked: Aug 30 at 8:06PM
MLS# 606047

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 legal quadplex includes residential apartments and a commercial area that is currently vacant. One second-floor one-bedroom apartment is leased through Section 8, while the upper two floors are vacant. The three-bedroom apartment has a city certificate-of-occupancy limit of seven occupants, and the one-bedroom apartment is limited to three occupants. Residential interiors feature open layouts, vinyl plank flooring, gas cooking, and natural-gas hot-water baseboard heating.

The property is located at 203 N S Carolina Ave in Atlantic City, near City Hall, Tanger Outlets, casinos, dining, nightlife, the Jersey Shore beaches, the Boardwalk, and the Atlantic Ocean. The surrounding area also includes Absecon Lighthouse, Gardner’s Basin, the Atlantic City Aquarium, and multiple waterfront entertainment destinations. The property has sidewalk and curb improvements, public water, public sewer, and street parking only.

Key Highlights

  • Legal quadplex with a currently vacant commercial area
  • One‑bedroom apartment leased through Section 8
  • Three‑bedroom apartment has a 7‑occupant city CO limit

Property Analytics

Current Use

Quadplexes

Location Intelligence

Trade Area within ½ mile

2,510
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
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Mixed-use quadplex with residential apartments, a vacant commercial area, and public utilities in Atlantic City.
Where is this quadplex located?
The property is located at 203 N S Carolina Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Legal quadplex with a currently vacant commercial area; One‑bedroom apartment leased through Section 8; Three‑bedroom apartment has a 7‑occupant city CO limit
More about this property
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