Brick Duplex with Private
711 ADRIATIC Avenue Atlantic City, NJ 08401
711 ADRIATIC Avenue, Atlantic City, NJ, 08401
$309,900
For Sale
$309,900
MULTI_FAMILY - Other - ATLANTIC CITY, NJ
Property Size1,980 SF
Lot Size0.07 Acres
Price / SF$156.52
Days on Market48
Property Features for 711 ADRIATIC Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Driveway
- Standard status
- Active
- Size
- 1,980 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5891
Utilities
- Heating system
- Other (Heating)
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing Agency
Keller Williams Realty - Atlantic Shore
(609) 484-9890
802 Tilton Road, Northfield, NJ
Listed by
Flamur Rama · License #457770
(609) 703-9208
Added: Jun 4 Updated: Jun 16 at 1:17 pm Checked: Jul 21 at 4:06 am
MLS# NJAC2024830
Listing URL
Copyright © 2026 Bright 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 fully occupied brick duplex offers two separate residential units. The lower unit is configured as a 2-bedroom, 1-bath home. The upper unit provides a 3-bedroom, 1-bath layout. The upper unit includes a neutral color palette, wood-look flooring, and a bright kitchen with white cabinetry and gas cooking.
The property includes exterior amenities designed for everyday use, including a private driveway, a spacious backyard, and a back porch. The home is located in a highly walkable neighborhood described as being just blocks from local parks, playgrounds, and the boardwalk.
As a turn-key, income-producing rental property, this duplex can appeal to buyers seeking a straightforward two-unit setup with distinct unit sizes. The presence of a private driveway and outdoor space supports tenant comfort, while the separation between the 2-bedroom and 3-bedroom units may broaden the pool of renters depending on household needs.
The property includes exterior amenities designed for everyday use, including a private driveway, a spacious backyard, and a back porch. The home is located in a highly walkable neighborhood described as being just blocks from local parks, playgrounds, and the boardwalk.
As a turn-key, income-producing rental property, this duplex can appeal to buyers seeking a straightforward two-unit setup with distinct unit sizes. The presence of a private driveway and outdoor space supports tenant comfort, while the separation between the 2-bedroom and 3-bedroom units may broaden the pool of renters depending on household needs.
Key Highlights
- Brick duplex in Atlantic City at 711 Adriatic Ave with both units fully occupied
- Lower unit features 2 bedrooms and 1 bathroom
- Upper unit features 3 bedrooms and 1 bathroom
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.5k | $17.40 |
| − Vacancy | −$2.2k | −$1.13 |
| EGI | $32.2k | $16.27 |
| − OpEx | −$9.7k | −$4.88 |
| NOI | $22.5k | $11.39 |
1,980 SF · lease $17.40/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$322.1K
$281.9K – $375.8K
NOI $22,549 @ 7.0% cap · market cap 7.28%
Second Best
Apartment 5plus
$283.1K
$247.7K – $330.3K
NOI $19,819 @ 7.0% cap · market cap 6.40%
Theoretical Best
Warehouse
$737.3K
$645.2K – $860.2K
NOI $51,614 @ 7.0% cap · market cap 16.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Fully occupied duplex with two distinct residential units, including a private driveway and backyard space.
Where is this duplex located?
The property is located at 711 ADRIATIC Avenue Atlantic City, NJ.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Brick duplex in Atlantic City at 711 Adriatic Ave with both units fully occupied; Lower unit features 2 bedrooms and 1 bathroom; Upper unit features 3 bedrooms and 1 bathroom
