About 2801 Arctic Ave
Prime location near famous casinos and the boardwalk, featuring a restaurant, employee apartments, and untapped potential – a Triple-Level Gem! This is a fantastic opportunity for first-time homebuyers to live on the third floor and rent out the other two levels to potentially cover the mortgage, or for investors seeking strong rental income. The ground floor houses a well-established restaurant operating for over six years, adding great value. The second floor is now vacant and offers 3 spacious bedrooms and a full bath – ideal for rental or personal use. The third floor is also vacant, boasting 2 commodious bedrooms, generous living space, and a full bath. Property is being sold strictly in "as-is" condition. Don’t miss this income-generating opportunity in a high-demand area!
Features of 2801 Arctic Ave
| MLS® # | NJAC2019880 |
|---|---|
| Price | $499,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,220 |
| Acres | 0.03 |
| Year Built | 1965 |
| Type | Multi-Family |
| Sub-Type | Triplex, Over Storefront |
| Style | Other |
| Status | Active |
Community Information
| Address | 2801 Arctic Ave |
|---|---|
| Area | Atlantic City (20102) |
| City | ATLANTIC CITY |
| County | ATLANTIC-NJ |
| State | NJ |
| Municipality | ATLANTIC CITY |
| Zip Code | 08401 |
Amenities
| Amenities | Stall Shower, CeilngFan(s) |
|---|---|
| Utilities | Sewer Available, Water Available, Natural Gas Available, Electric Available, Cable TV Available |
| Parking | PublPark |
| View | City, Street, Water |
| Is Waterfront | No |
Interior
| Heating | Baseboard - Electric |
|---|---|
| Cooling | Ceiling Fan(s), Window Unit(s) |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 3 |
Exterior
| Exterior | Concrete/Block |
|---|---|
| Exterior Features | Sidewalks, Street Lights |
| Lot Description | Corner Lot |
| Roof | Flat, Rubber |
School Information
| District | ATLANTIC CITY SCHOOLS |
|---|---|
| Elementary | DR. MARTIN LUTHER KING SCHOOL |
| Middle | TEXAS AVENUE SCHOOL |
| High | ATLANTIC CITY H.S. |
Additional Information
| Date Listed | July 23rd, 2025 |
|---|---|
| Days on Market | 85 |
| Zoning | NC-1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Coldwell Banker Residential Brokerage - Warren |
|---|---|
| Contact Info | 9087547511 |