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    404 Trinity Ave Atlantic City, NJ 08400

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    For Sale
    $199,000

    Fully occupied multifamily property in Atlantic City with immediate rental income.

    Property size:
    1,640 SF
    Lot size:
    0.04 Acres

    Property Features for 404 Trinity Ave

    General Information

    Size
    1,640 SF
    Lot size
    0.04 Acres

    Building Details

    Year built
    1910

    Source: Keller Williams Realty - Preferred Properties Agent Lim Bances

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Atlantic City Multifamily Investment Opportunity

    This multifamily property in Atlantic City presents an investment opportunity. The property is being sold AS-IS and is subject to lender approval. It is fully occupied with tenants, providing immediate rental income. The building offers an existing cash flow in an Atlantic City location. The property size is 1640 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Atlantic City
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.4377302
    Latitude
    39.3652565

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    FAQs

    What type of property is this?
    Multifamily property - Fully occupied multifamily property in Atlantic City with immediate rental income.
    Where is this multifamily property located?
    The property is located at 404 Trinity Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: - Immediate Rental Income: Fully occupied with tenants in place, providing existing cash flow.; - Prime Atlantic City Location: Situated in a desirable area within Atlantic City.; - Investment Opportunity: Presents an excellent chance for investors.
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    Atlantic City, NJ 08400
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    404 Trinity Ave Atlantic City, NJ 08400
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