SoldAug 15, 2022

Listed by GERARD (Jerry) BARKER from WEICHERT REALTORS ASBURY GROUP-AC

Bought with Flamur Rama from Keller Williams Realty - Atlantic Shore

Source: South Jersey Shore Regional MLS #559882

307 Atlantic Ave, Atlantic City, NJ, 08401

$1,425,000

3
7626 sq. ft.

Other

•

30+ days on the market

Sold: Aug 15, 2022

What's around 307 Atlantic Ave

About this property

26% Projected Cap-Rate as an AirBnB - Investor ALERT - EVERYTHING IS NEW IN THIS BLDG!!!! Fully renovated 12 unit apt bldg, NO EXPENSE SPARED!! Features six 1bdrms and six 2bdrm newly renovated apts. Without a doubt the nicest multi unit bldg for sale in the city. The past several years have been spent gutting it to the bare bricks before starting the renovations. Survey, elevation cert, floor plans, pro-forma, etc are all available to qualified buyers only. The location is in ideal walking distance to Beach and Boardwalk, Hard Rock & Ocean Resort Casino, The Showboat, Absecon Lighthouse, Historic Gardner's Basin, Atlantic City Aquarium, & the Inlet. Parking is available on the street or out back in the new parking area behind building. All public transportation is available out front of the building. Everything is new on this building, it has new roof, new windows, new front facade, new PVC fence, new sidewalks, new fire escape, 3/4 CDX sub floor, sheetrock, mold resistant drywall, framing, insulation, smart vents, flooring, tile, kitchens, bath, appliances, water heaters, fire monitoring system, Comcast Main & Verizon Terminal, tubs, sinks, garbage disposal, gas lines, water lines, sewer lines, drain lines, plumbing, electric (13 Meters, 100amp each apt), and utilities. EVERYTHING ALL NEW!! Collect rents with no ongoing repairs, low taxes & low flood ins. Perfect for 1031 tax exchange AirBnB, VRBO, short term or annual rental investment property.

Looking for more information on 307 Atlantic Ave?

Explore comparables, sales history and growth for this property.
Learn more

Contact

Similar properties sold nearby

SoldJul 13, 2026
SoldJun 19, 2026
$162,900
423 North Tennessee Avenue
Atlantic City NJ 08401
Other
Listing courtesy of SHORESIDE REALTY LLC and WEICHERT REALTORS ASBURY GROUP-AC
SoldMay 15, 2026
$225,000
1 North Hartford Avenue
Atlantic City NJ 08401
3
Other
Listing courtesy of eXp Realty - Montclair and Orchid Realty | Boynton Beach

Other properties sold by WEICHERT REALTORS ASBURY GROUP-AC

SoldSep 10, 2026
$315,000
601/526 Pacific Avenue
Atlantic City NJ 08401
2
2
1
Condo
Listing courtesy of WEICHERT REALTORS ASBURY GROUP-AC and deSatnick Real Estate, LLC
SoldAug 13, 2026
$86,000
902 North Michigan Avenue
Atlantic City NJ 08401
3
1
3
Single-Family
Listing courtesy of WEICHERT REALTORS ASBURY GROUP-AC
SoldAug 10, 2026
$75,000
50/3501 Pacific Avenue
Atlantic City NJ 08401
1
1
Condo
Listing courtesy of Century 21 Action Plus Realty - Northfield and WEICHERT REALTORS ASBURY GROUP-AC

Browse properties sold in nearby areas

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the South Jersey Shore Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than WEICHERT REALTORS ASBURY GROUP-AC, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 South Jersey Shore Regional MLS. All Rights Reserved.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

© 2026 RateMyAgent