Atlantic City, NJ 08401 Atlantic City, NJ 08401
MULTI_FAMILY - Atlantic City, NJ
Property Features
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Standard status
- Active
- Size
- 814 SF
Listing agent Goran Cedevski License #1755689 (609) 334-0238
Listing office BHHS Fox & Roach Northfield NJ
Listing date May 6, 2026
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Investment Insights
Based on property information with market context.
The duplex is positioned in the heart of Atlantic City, with walkable access to the Tropicana and numerous restaurants and businesses. It is also less than a mile from the bus and train stations and only three blocks from the boardwalk and beach.
Key Highlights
- Recently renovated duplex in the heart of Atlantic City
- Duplex layout allows you to live in one unit and rent out the other or rent out both
- Before renovations, each unit was rented for $650/month
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 | $14.2k | $17.40 |
| − Vacancy | −$921 | −$1.13 |
| EGI | $13.2k | $16.27 |
| − OpEx | −$4.0k | −$4.88 |
| NOI | $9.3k | $11.39 |
