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For Sale 239 Arizona, Atlantic City, NJ, 08401

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239 Arizona, Atlantic City, NJ, 08401

$3,200,000

  • Buyer Agent Compensation: N/A
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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. Beyond vacation rentals, the property\'s flexible six-unit layout lends itself to corporate retreats, executive housing, and extended-stay accommodations. 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.

Listing courtesy of: Soleil Sotheby\'s International Realty - A
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
SQFT 8100
OutsideFeaturesBay View, Boat Slip, Curbs, Deck, Sidewalks
OtherRoomsDining Area, Eat In Kitchen, Laundry/Utility Rm, Storage Attic
CoolingCentral
WaterPublic
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units 4 - 10 Units
Tax Year 2026
Area Atlantic City
ParkingGarageTwo Car
HeatingGas-Natural
HotWaterGas
SewerPublic Sewer
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Nearby Listings

Combining luxury waterfront living with exceptional investment potential, 239 N. Arizona Avenue is a brand-new construction bayfront residence scheduled for completion on or about August 1, 2026, offering 3 bedrooms, 2 bathrooms, a private two-car garage, and panoramic open-bay views from your private deck. Included is a dedicated deep-water boat slip, providing direct access to boating, fishing, and waterfront recreation, along with a brand-new dock system and bulkhead. Unlike many shore condominium communities, Airbnb and VRBO rentals are permitted, offering exceptional flexibility for personal use, investment income, or both. Owners will also benefit from a valuable five-year tax abatement. Beyond its appeal as a primary residence or vacation home, this property is well-suited for short-term rentals, corporate housing, executive retreats, and accommodations for traveling healthcare and business professionals. Its proximity to Atlantic City, Stockton University, healthcare facilities, and major employers further enhances its rental and investment potential. Located just moments from Atlantic City\'s casinos, beaches, boardwalk, restaurants, entertainment, and ongoing redevelopment, this residence offers a rare combination of new construction, boating access, spectacular views, and income-producing opportunities. Few waterfront properties offer this combination of open-bay views, a private deep-water boat slip, two-car garage, Airbnb and VRBO flexibility, and a five-year tax abatement. A truly unique waterfront opportunity on Absecon Island.

Property 2

239 Arizona Ave Unit 1, Atlantic City

  • 3

  • 2.0

  • $625000

Combining luxury waterfront living with exceptional investment potential, 239 N. Arizona Avenue is a brand-new construction bayfront residence scheduled for completion on or about August 1, 2026, offering 3 bedrooms, 2 bathrooms, a private two-car garage, and panoramic open-bay views from your private deck. Included is a dedicated deep-water boat slip, providing direct access to boating, fishing, and waterfront recreation, along with a brand-new dock system and bulkhead. Unlike many shore condominium communities, Airbnb and VRBO rentals are permitted, offering exceptional flexibility for personal use, investment income, or both. Owners will also benefit from a valuable five-year tax abatement. Beyond its appeal as a primary residence or vacation home, this property is well-suited for short-term rentals, corporate housing, executive retreats, and accommodations for traveling healthcare and business professionals. Its proximity to Atlantic City, Stockton University, healthcare facilities, and major employers further enhances its rental and investment potential. Located just moments from Atlantic City\'s casinos, beaches, boardwalk, restaurants, entertainment, and ongoing redevelopment, this residence offers a rare combination of new construction, boating access, spectacular views, and income-producing opportunities. Few waterfront properties offer this combination of open-bay views, a private deep-water boat slip, two-car garage, Airbnb and VRBO flexibility, and a five-year tax abatement. A truly unique waterfront opportunity on Absecon Island.

Property 2

239 Arizona Ave Unit 2, Atlantic City

  • 3

  • 2.0

  • $625000

Combining luxury waterfront living with exceptional investment potential, 239 N. Arizona Avenue is a brand-new construction bayfront residence scheduled for completion on or about August 1, 2026, offering 3 bedrooms, 2 bathrooms, a private two-car garage, and panoramic open-bay views from your private deck. Included is a dedicated deep-water boat slip, providing direct access to boating, fishing, and waterfront recreation, along with a brand-new dock system and bulkhead. Unlike many shore condominium communities, Airbnb and VRBO rentals are permitted, offering exceptional flexibility for personal use, investment income, or both. Owners will also benefit from a valuable five-year tax abatement. Beyond its appeal as a primary residence or vacation home, this property is well-suited for short-term rentals, corporate housing, executive retreats, and accommodations for traveling healthcare and business professionals. Its proximity to Atlantic City, Stockton University, healthcare facilities, and major employers further enhances its rental and investment potential. Located just moments from Atlantic City\'s casinos, beaches, boardwalk, restaurants, entertainment, and ongoing redevelopment, this residence offers a rare combination of new construction, boating access, spectacular views, and income-producing opportunities. Few waterfront properties offer this combination of open-bay views, a private deep-water boat slip, two-car garage, Airbnb and VRBO flexibility, and a five-year tax abatement. A truly unique waterfront opportunity on Absecon Island.

Property 2

239 Arizona Ave Unit 3, Atlantic City

  • 3

  • 2.0

  • $625000