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Buildable Multifamily Land Lot
For Sale
$75,000

414 Hobart Avenue, Atlantic City, NJ 08401

Buildable clear lot offering two combined lots with an additional access point and RM-1 multifamily zoning.

Property SizeContact for details
Lot Size0.24 Acres
Days on Market178

Property Features for 414 Hobart Avenue

General Information

Standard status Active
Lot size 0.24 Acres
Property subtype LOTS/LAND / 1 to 6,000 SQFT
Zoning RM-1

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $1,589
Listing Agency: LONG and FOSTER REAL ESTATE INC-Margate
Listed By: SEAN TANNEHILL · License #1223038
Source: Compass
Added: Feb 15 Changed: Aug 8 Last Checked: Mar 25 at 12:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LONG and FOSTER REAL ESTATE INC-Margate

Investment Insights

Based on property information with market context.

This offering presents a buildable clear lot ready for development, comprising a combination of two lots with an additional access point. The larger lot measures approximately 80 by 100 feet, and it includes an adjacent 25 by 95 foot lot that provides property access out to Hummock Avenue.

The property is located between Hobart Avenue and Trinity Avenue in Atlantic City, New Jersey. It is zoned RM-1, a multifamily district established primarily to foster family-oriented options.

With the combined lot configuration and multiple access points, this site may be suitable for development plans that align with the RM-1 zoning designation.

Key Highlights

  • Buildable clear lot combining 2 lots into one offering with an additional access point.
  • Large 80’ x 100’ lot situated between Hobart and Trinity Avenues.
  • Includes an additional 25’ x 95 adjacent lot with property access out to Hummock Ave.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Furniture & Home Goods Garden Center Locksmith Acupuncture (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

552
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Buildable clear lot offering two combined lots with an additional access point and RM-1 multifamily zoning.
Where is this residential land & home lot located?
The property is located at 414 Hobart Avenue Atlantic City, NJ.
What is the asking price?
The asking price for this property is $75,000.
What are key features of this property?
This property features: Buildable clear lot combining 2 lots into one offering with an additional access point.; Large 80’ x 100’ lot situated between Hobart and Trinity Avenues.; Includes an additional 25’ x 95 adjacent lot with property access out to Hummock Ave.
More about this property
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