Financial
Distress signals
Property profile

2427 Arctic Ave Atlantic City, NJ 08401

FOR SALE
Other commercial real estate
Property ID
US59-0595829
1,609 SF 0.02 ac lot Built 1938
Last sale Jun 2025 · $170,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 2427 Arctic Ave in Atlantic City, New Jersey is a commercial space with approximately 804 square feet of interior area. It is configured with a flexible open layout that supports storefront-oriented use and provides direct street-level access. The space is suitable for a range of commercial activities such as retail, office, salon, boutique, and professional services, subject to applicable permitting and permitted-use requirements for the jurisdiction and zoning in effect. The

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$4k
Tax billed · 2022
Assessed value · 2023$106k
Assessed land$16k
Assessed improvement$90k
Effective rate4.15%

Value estimate

· Sep 2026
$285k
$257k – $314k
NOI build-up
Gross scheduled income$12k
Vacancy & credit loss−$1k
Operating expenses−$3k
NOI · 386.20% cap applied$8k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$111/SF
ZIP average, outlier-cleaned · 199 recorded sales of this use type
Observed band · Q1–Q3$70 – $173
Qualifying comparables5

Cap rate analysis

How does the asset earn?
386.20%
$8k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
NC-1
The Neighborhood Commercial 1 (NC-1) Zoning District located along Ventnor Avenue between Trenton Avenue and Windsor Avenue has created a...
General categoryCOMMERCIAL
JurisdictionATLANTIC

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center9.5
Furniture Store9.4
Storage Facility9.1

Location

2427 Arctic Ave Atlantic City, NJ 08401
County assessor Recorded deeds · 9 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
100 Texas Ave, Atlantic City, NJ 08401-6520 $120,000 Jan 2026 2,172 SF
1318 Pacific, Atlantic City, NJ 08401-7216 $235,000 Dec 2025 1,443 SF
2325 Atlantic, Atlantic City, NJ 08401-6618 $190,000 Jun 2025 1,536 SF
1000 Atlantic, Atlantic City, NJ 08401-7405 $200,000 Mar 2025 2,240 SF
321 Atlantic, Atlantic City, NJ 08401-7701 $410,000 Mar 2025 2,181 SF
108 Albion, Atlantic City, NJ 08401-6408 $150,000 Dec 2024 2,640 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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