2801 Arctic Avenue, ATLANTIC CITY, NJ 08401 (MLS # NJAC2019880)
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Prime location near famous casinos and the boardwalk, featuring a restaurant, employee apartments, and untapped potential - a Triple-Level Gem! This is a fantastic opportunity for first-time homebuyers to live on the third floor and rent out the other two levels to potentially cover the mortgage, or for investors seeking strong rental income. The ground floor houses a well-established restaurant operating for over six years, adding great value. The second floor is now vacant and offers 3 spacious bedrooms and a full bath - ideal for rental or personal use. The third floor is also vacant, boasting 2 commodious bedrooms, generous living space, and a full bath. Property is being sold strictly in "as-is" condition. Don't miss this income-generating opportunity in a high-demand area!
| DAYS ON MARKET | 48 | LAST UPDATED | 7/23/2025 |
|---|---|---|---|
| YEAR BUILT | 1965 | COMMUNITY | Atlantic City (20102) |
| COUNTY | ATLANTIC | STATUS | Active |
| PROPERTY TYPE(S) | Multi Family |
| School District | ATLANTIC CITY SCHOOLS |
|---|---|
| Elementary School | DR. MARTIN LUTHER KING SCHOOL |
| Jr. High School | TEXAS AVENUE SCHOOL |
| High School | ATLANTIC CITY H.S. |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Gas Water Heater |
| AREA | Atlantic City (20102) |
| CONSTRUCTION | Concrete, Other |
| HEAT | Baseboard, Electric, Natural Gas |
| INTERIOR | Ceiling Fan(s), High Ceilings, Other |
| LOT | 1307 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 18.10 x 61.00 |
| PARKING | On Street |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3 |
| STYLE | Other |
| TAXES | 6886 |
| UTILITIES | Cable Available, Sewer Available, Water Available, Natural Gas Available, Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Water, City, Street |
| WATER | Public |
MORTGAGE CALCULATOR
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