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11-Room Multifamily Property
For Sale
$450,000

7 S Texas Ave, Atlantic City, NJ 08401

COMMERCIAL/INDUSTRIAL, Atlantic City, NJ

Property SizeContact for details
Days on Market111

Property Features for 7 S Texas Ave

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Directions Atlantic Ave. to Texas
Subdivision Atlantic City
Standard status Active

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 5678

Utilities

Sewer type Public Sewer
Cooling system Window Unit(s)
Water source Public

Amenities

shared laundry area
3 kitchens

Building Details

Year built 1900
Flooring type Linoleum
Roof type Flat
Listing Agency: BHHS FOX and ROACH-Brigantine
Listed By: LORI TOFANI · License #9806682
Added: May 21 Changed: Sep 3 Last Checked: Sep 8 at 2:06AM
MLS# 608136

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 configured as a rooming house with 11 rental rooms, 3.5 bathrooms, and 3 kitchens. A shared laundry area serves the property, which also includes a basement, linoleum flooring, window-unit cooling, a flat roof, public water, and public sewer. The structure dates to 1900.

Located at 7 S Texas Ave in Atlantic City, the property is two blocks from the beach and within walking distance of the boardwalk, local shops, casinos, and public transportation. Rental permits are current for the 2026 season, and the property has historically been fully rented from June through October.

Key Highlights

  • 11 rental rooms with 3.5 bathrooms and 3 kitchens
  • Two blocks from the beach in Atlantic City
  • Walking distance to the boardwalk, local shops, casinos, and public transportation

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Locksmith Storage Facility Acupuncture Catering Service

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

Location Intelligence

Trade Area within ½ mile

2,109
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Rooming-house configuration with shared laundry, multiple kitchens, and seasonal full occupancy history.
Where is this multifamily property located?
The property is located at 7 S Texas Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 11 rental rooms with 3.5 bathrooms and 3 kitchens; Two blocks from the beach in Atlantic City; Walking distance to the boardwalk, local shops, casinos, and public transportation
More about this property
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