111 ORIENTAL AVENUE, ATLANTIC CITY, NJ 08401
ATLANTIC County
Key Facts
Description
Opportunity meets vision at 111 Oriental Avenue, a property positioned just steps from the Atlantic City Boardwalk and the oceanfront. The structure has already been gutted and fit out for six units - five two-bedroom, one one-bedroom - all with one bath, in accordance with the City's current six-unit limit. A variance would be required for any additional units, including the potential to reactivate the basement level which was once utilized for living space. The groundwork has been laid with all brand-new windows installed, plywood flooring in place, and a full basement offering added flexibility pending approvals. What makes this offering compelling is not only the existing configuration, but the location. With direct ocean views, immediate access to the beach, and proximity to the Ocean Casino Resort and the surrounding corridor of redevelopment, this is the kind of project where smart capital and strong execution will capture the momentum of a market in transition. The area is benefiting from ongoing investment and revitalization, creating the conditions for significant upside in both short-term rental strategies such as Airbnb and long-term, stabilized income approaches.
Property Information
Property Type
Commercial Sale
Year Built
1950
Stories
4
Living Area
4,620 sq ft
Lot Size
0.09 acres
Lot Dimensions
50x80
Zoning
RS-C
Days on Market
168
MLS® Listing#
NJAC2021602
Property Features
Cooling
Heating
Parking
Construction
Foundation
Roof
Utilities
Sewer
Water Source
Schools
- District:
- ATLANTIC CITY SCHOOLS
Financial Details
Annual Taxes
$6,759
Tax year 2025
Assessed Value
$200,000
Parcel Number
02-00080-00008
Directions
Atlantic Ave to New Hampshire to Oriental Ave
Affordability Calculator
$159,800
Estimated monthly payment
$4,253/mo
Principal $639,200 · Est. interest $891,741 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in ATLANTIC CITY, NJ
- $617,877
- Median Listing Price
- 49
- Median Days on Market
- 1,386
- Median Sq Ft
- $422
- Median Price / Sq Ft
- 3,230
- Active Listings
- This home’s price is 29% above the area median.
- Its price per sq ft is 59% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in ATLANTIC CITY, NJ.
Location
- 111 ORIENTAL AVENUE, ATLANTIC CITY, NJ 08401
Points of Interest in ATLANTIC CITY, NJ
Showing the ATLANTIC CITY area map.
Nearby Schools
Uptown School Complex
Elementary · 0.5 mi away
New Jersey Avenue School
School · 0.5 mi away
Pennsylvania Ave School
Elementary · 0.8 mi away
Atlantic City Public Schools
Elementary · 0.9 mi away
New York Avenue School
Elementary · 1.2 mi away
Indiana Ave School
School · 1.3 mi away
Oceanside Charter School
School · 1.3 mi away
Dr Martin Luther King School
Elementary · 1.6 mi away
Texas Avenue School
Elementary · 1.9 mi away
Atlantic City Schools
School · 1.9 mi away
Our Lady Star of the Sea Church
School · 1.9 mi away
Brighton Avenue School
Elementary · 2.1 mi away
Venice Park Elementary School
Elementary · 2.1 mi away
Sea Tots Early Learning Center
School · 2.3 mi away
Sovereign Avenue School
Elementary · 2.3 mi away
Richmond Avenue School
Elementary · 2.9 mi away
Chelsea Heights School
Elementary · 3.0 mi away
Atlantic City High School
Secondary · 3.6 mi away
Brigantine Community School
Elementary · 4.0 mi away
Ventnor Elementary School
Elementary · 4.9 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 413 Paulison Ave 2, Passaic City, NJ | $559,900 | 3 | 2 | — |
| 277 Orchard St, Rahway City, NJ | $559,900 | 3 | 2 | — |
| 4 BEACON WAY 303, Jersey City, NJ | $560,000 | 2 | 2 | 1,269 |
| 807 Jaques Ave, Rahway City, NJ | $560,000 | 4 | 2 | — |
| 23 E 9Th St, Clifton City, NJ | $560,000 | 3 | 2 | — |
| 206 Clark Pl, Elizabeth City, NJ | $560,000 | 4 | 2 | 1,998 |
Moving Cost Estimate
EXIT Agents in ATLANTIC CITY
Listing Courtesy: EXP Realty, LLC - 8662016210