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About This Home

This 0-bedroom, 0-bathroom other at 111 ORIENTAL Avenue in ATLANTIC CITY, NJ is listed for $999,000. Built in 1950, on a 0.09 acres lot.

Agent Description

Opportunity meets vision at 111 Oriental Avenue, a property positioned just steps from the Atlantic City Boardwalk and the oceanfront. The structure has already been gutted and fit out for six units - five two-bedroom, one one-bedroom - all with one bath, in accordance with the City's current six-unit limit.

A variance would be required for any additional units, including the potential to reactivate the basement level which was once utilized for living space. The groundwork has been laid with all brand-new windows installed, plywood flooring in place, and a full basement offering added flexibility pending approvals.

What makes this offering compelling is not only the existing configuration, but the location. With direct ocean views, immediate access to the beach, and proximity to the Ocean Casino Resort and the surrounding corridor of redevelopment, this is the kind of project where smart capital and strong execution will capture the momentum of a market in transition.

The area is benefiting from ongoing investment and revitalization, creating the conditions for significant upside in both short-term rental strategies such as Airbnb and long-term, stabilized income approaches.

Key Features

  • Built in 1950
  • 0.09 acre lot

Property Details

1950

Monthly Cost Estimate

$5,343/mo

20% down · 6.5% · 30 years

Principal$722
Interest$4,329
Insurance$291

Estimates only. Actual payments may vary.

Location

111 ORIENTAL Avenue

ATLANTIC CITY, NJ 08401

Property Details

Construction

Brick Stucco

Parking

On Street

Questions & Answers

This 0-bedroom, 0-bathroom other at 111 ORIENTAL Avenue is listed at $999,000. The estimated monthly payment is $4,329 based on 20% down at 6.5% interest.

Key features include: Built in 1950, 0.09 acre lot.

This property is listed by Hader Rivas Sr. and can be reached at 6099926872 or hader@therivasrealtygroup.com.

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Hader Rivas Sr.

Agent at EXP Realty, LLC

(609) 992-6872

Listed by EXP Realty, LLC

MLS# NJAC2021602· Source: listhub· Updated 155 days ago

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111 ORIENTAL Avenue, ATLANTIC CITY, NJ 08401

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