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John Clarke

John Clarke 609-289-6111 609-399-0076x110

3160 Asbury Avenue, Ocean City

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For Sale 4021 Atlantic Ave, Atlantic City, NJ, 08401

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4021 Atlantic Ave, Atlantic City, NJ, 08401

$1,349,000

John Clarke
  • Buyer Agent Compensation: N/A
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Welcome to 4021 Atlantic Ave, a rare oversized triplex spanning nearly 6,900 square feet and offering three income-producing residences just one block from the ocean. The property features a 6 bed, 3 bath two-story residence with ocean views currently rented for $2,900 per month; a 5 bed, 2 bath first-floor unit rented for $2,800 per month; and a 4 bed, 2 bath upper-level unit with ocean views rented for $2,800 per month. Together, the property generates $102,000 annually in gross rental income with strong tenants already in place. With its size, location, and NC-1 zoning, 4021 Atlantic Ave presents a range of opportunities. Investors can hold it as a turnkey rental with immediate cash flow, while owner-occupants may choose to live in one residence and rent the other two units. For those looking to the future, NC-1 zoning allows for neighborhood commercial development. Situated in the historic Lower Chelsea neighborhood near Stockton University, top restaurants, the city’s casinos, and the iconic Boardwalk, this property benefits from consistent rental demand and long-term growth potential. This is a rare chance to acquire a large, income-generating property in one of Atlantic City’s most desirable locations. Schedule your private showing today. Property is being sold in “AS-IS” condition. Buyer is responsible for CO.

Listing courtesy of: MARKETPLACE REALTY
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build
Lot Size
Tax 15078.00
SQFT 6856
OutsideFeaturesDeck, Ocean View, Porch-Enclosed, Sprinkler System
HeatingRadiator
WaterPublic
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units Triplex
Tax Year 2025
Area Atlantic City
ParkingGarageNone
CoolingCeiling Fan(s), Window Units
SewerPublic Sewer
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