141 S Ocean Avenue offers a rare opportunity to acquire a stabilized, income-producing 29-unit multifamily property in one of Atlantic City's most desirable locations. Just steps from the world-famous Boardwalk and beach, this investment combines immediate cash flow with exceptional long-term upside in a market experiencing continued revitalization. Encompassing approximately 4,657 square feet, the property is fully operational with an established tenant base and consistent in-place income, providing investors with a turnkey asset from day one. Its premier location places residents within walking distance of Atlantic City's renowned casinos, restaurants, entertainment venues, and waterfront attractions, further enhancing its long-term investment appeal. Whether you're expanding an existing portfolio or seeking a high-performing multifamily asset in a thriving coastal market, 141 S Ocean Avenue presents a compelling opportunity to secure a property that offers both stability and future appreciation potential.
| MLS # | NJAC2025450 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1920 |
| Days On Site | 53 |
| Listing Provided By | KW Empower | John Patrick Delaney |
| Zoning | RS-C |
|---|---|
| Acreage | 0.07 |
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Hot Water |
| Construction Materials | Other |
|---|
| Garage Yes / No | No |
|---|
| Tax Annual Amount | 12742 |
|---|
| State | NJ |
|---|---|
| County | ATLANTIC NJ |
| City | ATLANTIC CITY |
| Zip Code | 08401 |
| Area | Atlantic City (20102) |
| School District | ATLANTIC CITY SCHOOLS |
| Listing VS Median (in 08401) | |
Price: $2,250,000 low | high Med: $209,900 On site: 53 low | high Med: 54 | |
| State | NJ |
|---|---|
| County | ATLANTIC NJ |
| City | ATLANTIC CITY |
| Zip Code | 08401 |
| Area | Atlantic City (20102) |
| School District | ATLANTIC CITY SCHOOLS |
| Listing VS Median (in 08401) | |
Price: $2,250,000 low | high Med: $209,900 On site: 53 low | high Med: 54 | |