Property profile

1616 Pacific Ave Atlantic City, NJ 08401

OFF-MARKET
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Property ID
US59-0082800
44,366 SF 0.13 ac Built 1928
Last sale Nov 2004·$1,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

“Casa De Cielo” is a high-rise mixed-use building configured with rentable office suites and residential living space. Office accommodations occupy the first six floors and are accessed through a lobby; a 3-car garage is located on the ground floor. Building security features include 36 security cameras and swipe-card access. Residential use is located on the 7th and 8th floors and includes a grand staircase and a glass dome, along with living and formal dining areas. The residential level is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2022

What does the county charge?
$81k
Tax billed · 2022
Assessed value · 2023$2.15M
Assessed land$114k
Assessed improvement$2.04M
Effective rate3.78%

Value estimate

· Nov 2026
$2.45M
$2.20M – $2.69M
Submarket $/SF estimate$3.04M

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
RS-C
When the RS-C zone was first implemented, the minimum lot area required for a casino was two (2) acres. While that remains unchanged to t...
General categoryCOMMERCIAL
JurisdictionATLANTIC

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store11.4
Garden Center10.0
Storage Facility9.7

Location

1616 Pacific Ave Atlantic City, NJ 08401-6939
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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
3816 Ventnor, Atlantic City, NJ 08401-5945 $475,000 Feb 2026 4,200 SF
1633 Atlantic, Atlantic City, NJ 08401-6914 $950,000 Jul 2025 16,720 SF
209 10th, Atlantic City, NJ 08401-7113 $35,000 May 2025 9,876 SF
1718 Atlantic, Atlantic City, NJ 08401-6806 $290,000 Apr 2025 7,048 SF
2601 Pacific, Atlantic City, NJ 08401-6432 $330,000 Dec 2024 5,696 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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