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Two-Unit Residential Duplex
New
For Sale
$389,400

27 N Iowa Ave, Atlantic City, NJ 08401

MULTI-FAMILY, Atlantic City, NJ

Property SizeContact for details
Days on Market4

Property Features for 27 N Iowa Ave

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning R-3
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 6, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Basement, Den, Bedroom 3, Bedroom 5, Bedroom 4
Exterior features Needs Work
Appliances Dishwasher, Gas Stove, Refrigerator
Directions Take Pacific Avenue to Iowa Avenue and head across Atlantic Avenue and the home is on the right
Subdivision Atlantic City
Standard status Active

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4228

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Wall Unit(s)
Water source Public

Building Details

Number of units 2
Buildings 1
Listing Agency: FARLEY and FERRY REALTY, INC
Listed By: EMILY CHRISTIAN
Added: Oct 29 Last Checked: Nov 1 at 10:06PM
MLS# 613317

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.

Rey
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Investment Insights

Based on property information with market context.

This Atlantic City duplex contains two residences. One has a two-story layout with 4 bedrooms and 1 bathroom; the other has 2 bedrooms and 1 bathroom. A heating system is located on the lower level. The property also has gas heating, wall-unit cooling, a dishwasher, gas stove, and refrigerator. Public water and sewer serve the building, and the zoning designation is R-3. The property is being sold as is, with the buyer responsible for securing required municipal certificates.

The property is near the beach and boardwalk, casinos, shopping, restaurants, entertainment, and public transportation. A neighboring lot is also available for negotiation.

Key Highlights

  • Two residences: one with 4 bedrooms and 1 bathroom, the other with 2 bedrooms and 1 bathroom
  • The first residence has a two‑story layout
  • R‑3 zoning

Property Analytics

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Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,976
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two residences offer six bedrooms and two bathrooms combined, with public water and sewer service.
Where is this duplex located?
The property is located at 27 N Iowa Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $389,400.
What are key features of this property?
This property features: Two residences: one with 4 bedrooms and 1 bathroom, the other with 2 bedrooms and 1 bathroom; The first residence has a two‑story layout; R‑3 zoning
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