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Listed price in listed location currency (USD).
$1,995,000

000

MLS® 602801

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes 
Days Active 52
Approx. Age 1939
MLS® Number 602801

Property Address: 3809 Ventnor Ave, Atlantic City, NJ, 08401-5944

Average square foot calculated using Size range provided by listing agent.

Description

A fully renovated, nine-unit multifamily building in Lower Chelsea, directly across from Stockton University’s Island Campus and just two blocks from the beach and boardwalk. The property features seven spacious three-bedroom units, one two-bedroom unit, and one one-bedroom unit. Five units are currently leased on annual terms, while four units are vacant and ready for immediate occupancy. The building is already condo-converted, offering buyers the flexibility to hold as a long-term rental investment or sell units individually. This dual exit strategy offers investors a powerful upside, providing both long-term appreciation and short-term disposition opportunities. The owner reports riparian rights supporting up to six boat slips and notes prior approvals for a rooftop deck. Recent improvements include a new bulkhead, new electric with permits, upgraded panels and wiring, new HVAC systems, approximately 80% new plumbing stacks, a new sewer line to the street, recent roof re-lining, eight tons of gravel added to the rear yard, removal of the original boiler, and major structural reinforcement throughout the building with steel I-beams and sistered support posts. The property is secured with fencing, digital lock access, and a sixteen-camera security system. Many units offer water views and feature central A/C, gas heating, and gas cooking. Units A, B, C, 1, 3, and 5 were fully renovated, while units 2, 4, and 6 have been recently updated. Located on the Ventnor border, the building benefits from excellent proximity to restaurants, grocery stores, pharmacies, retail corridors, and Atlantic City’s major casinos and attractions. Public transportation stops are located directly out front.
MLS® Number602801
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1939
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 1, 2025List Date
$1,995,000List Price
  • Commute

Commute

Starting Address
Destination Address
3809 Ventnor Ave, Atlantic City, NJ

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