133-37 St James Pl, ATLANTIC CITY, NJ

$4,550,000

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6,248

Square feet

0.07

Acres

About 133-37 St James Pl

Rare 85-Unit Multifamily Portfolio in the Heart of Atlantic Cit!y! Hunters Commercial is pleased to present 133-37 St James Place — a turnkey, fully occupied 85-unit multifamily investment with significant value-add potential. Situated just blocks from the Atlantic City boardwalk and casino corridor, this offering includes two stabilized buildings plus an additional vacant lot — all on one parcel with dual deeds. Current rents are well below market, presenting an opportunity to increase income by 20%+ through repositioning. With a cap rate of 10.69% and cash-on-cash returns over 10%, this asset is ideal for investors seeking stable cash flow with upside in a high-demand market undergoing active redevelopment. Positioned in one of Atlantic City’s most promising areas, this asset benefits from strong tenant demand, walkability to amenities, and proximity to major redevelopment projects. Whether you’re looking to grow a portfolio or enter a strong secondary market, this property checks all the boxes. Schedule your showing today!

Features of 133-37 St James Pl

MLS® # NJAC2019406
Price $4,550,000
Bathrooms 0.00
Square Footage 6,248
Acres 0.07
Year Built 2025
Type Commercial Sale
Sub-Type Five Or More Units
Status Active Under Contract

Community Information

Address 133-37 St James Pl
Area Atlantic City (20102)
City ATLANTIC CITY
County ATLANTIC-NJ
State NJ
Municipality ATLANTIC CITY
Zip Code 08401

Amenities

Is Waterfront No

Interior

Heating Radiant
Cooling Window Unit(s)
Has Basement No
Fireplace No

School Information

District ATLANTIC CITY SCHOOLS

Additional Information

Date Listed June 25th, 2025
Days on Market 63
Zoning RS-C
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKW Empower

Listing Map

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