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141 S Ocean AvenueAtlantic City, NJ 08401Price: $2,250,000

  • Price: $2,250,000
  • 5 Days on Market
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Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
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141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401141 S Ocean Avenue Atlantic City NJ 08401
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  • 0.07Acreage
  • 1920Year Built
  • 483Price Per Square Foot
  • 2025Assessment Year
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.
Listed by John Patrick Delaney of KW Empower

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Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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Location Information

  • UsmAreaAtlantic City - Atlantic City

Parking

  • Parking TypesOn Street

Basic Information

  • Date Listed07/30/2026

Location

  • Address141 S Ocean Avenue
  • Building Number141
  • CountyAtlantic
  • DirectionsUse GPS
  • IncorporatedcitynameAtlantic City
  • StateNJ
  • TownAtlantic City
  • Zip08401

Legal

  • PossessionSettlement
  • Sale TypeStandard

Other

  • View Count1

Basic Information

  • Broker NameKW Empower
  • List Price$2,250,000
  • MLS Area MajorAtlantic City
  • MLS NumberNJAC2025450
  • MLS Property TypeCommercial Sale
  • Price Per Square Foot483
  • StatusACT

Building

  • Building Area SourceEstimated
  • Building Area Total4657
  • Construction MaterialsOther
  • Year Built1920

Utilities

  • CoolingWindow Unit(s)
  • Cooling FuelElectric
  • Heat SystemBaseboard - Hot Water
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

Tax Information

  • Assessment Year2025
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$377,000
  • Tax Lot16
  • Tax Year2025
  • Taxes$12,742
  • Total Taxes Payment FrequencyAnnually

Property

  • Acreage0.07
  • Business TypeApartment Building, Other
  • Lot Dimensions SourceAssessor
  • Lot Size Dimensions50.00 x 60.00
  • Lot Size SourceAssessor
  • Lot Size Square Feet3,001
  • New Construction YNN
  • Property SubTypeFive Or More Units
  • ZoningRS-C

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Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 3, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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