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About This Home

This 15-bedroom, 12-bathroom residential multi family at 239 N Arizona Ave in Atlantic City, NJ is listed for $3,200,000. on a N/A lot.

Agent Description

A rare opportunity to acquire an entire new construction waterfront development on Absecon Island. Located at 239 N. Arizona Avenue, this six-unit bayfront property consists of three buildings with a total of 18 bedrooms, 12 bathrooms, six private decks with panoramic open-water views, 12 garage parking spaces, additional off-street parking, four deep-water boat slips, a brand-new dock system, and a new bulkhead.

Just moments from Atlantic City's casinos, beaches, boardwalk, dining, and entertainment, the property offers exceptional flexibility as a luxury investment portfolio, family compound, or waterfront retreat. A rare condominium opportunity where Airbnb and VRBO rentals are permitted, owners can capitalize on strong vacation rental demand while benefiting from favorable rental projections and a valuable five-year tax abatement.

Scheduled for completion in Summer 2026, with anticipated delivery on or about August 1, 2026, purchasers have a unique opportunity to secure a nearly completed new construction waterfront asset without the uncertainty and extended timelines often associated with ground-up development.

As Atlantic City continues to experience significant public and private investment, new residential development, infrastructure improvements, and ongoing growth along the waterfront, opportunities to acquire newly constructed bayfront properties of this scale, quality, and versatility are becoming increasingly limited.

Combining new construction, deep-water boating access, extraordinary bay views, and multiple ownership and income strategies, 239 N. Arizona Avenue represents one of the most unique waterfront opportunities currently available on the Jersey Shore.

Key Features

  • Waterfront

Property Details

12 full

Amenities

WaterfrontA/C

Monthly Cost Estimate

$17,114/mo

20% down · 6.5% · 30 years

Principal$2,314
Interest$13,867
Insurance$933

Estimates only. Actual payments may vary.

Location

239 N Arizona Ave

Atlantic City, NJ 08401

Features & Amenities

Exterior Features

Bay ViewBoat SlipCurbsDeckSidewalks

Property Details

Pool Features

Deck

Heating

Natural Gas

Cooling

Central Air

Appliances

DisposalDishwasherDryerGas StoveMicrowaveRefrigeratorSelf Cleaning OvenWasher

Questions & Answers

This 15-bedroom, 12-bathroom residential multi family at 239 N Arizona Ave is listed at $3,200,000. The estimated monthly payment is $13,867 based on 20% down at 6.5% interest.

Key features include: Waterfront. Exterior Features: Bay View, Boat Slip, Curbs.

This property is listed by ERIC MILLSTEIN and can be reached at 6098929947 or tamy.gluck@fivestreet.me.

EM

ERIC MILLSTEIN

Agent at Soleil Sotheby's International Realty - A

(609) 892-9947

Listed by Soleil Sotheby's International Realty - A · View on Broker Site

MLS# 608919· Source: listhub· Updated 1 days ago

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

239 N Arizona Ave, Atlantic City, NJ 08401

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