2243 ARCTIC AVENUE, ATLANTIC CITY, NJ 08401
ATLANTIC CITY · ATLANTIC County
Key Facts
Description
A rare opportunity to own a piece of Atlantic City history. Offered for sale is a unique package that includes both a thriving, long-standing seafood business and the real estate it occupies. Established in 1919, this iconic family-owned seafood market has served generations of loyal customers and was proudly recognized by Yelp as one of the Best Seafood Destinations in the United States for 2025. With a well-established reputation and strong brand recognition, the business is positioned for continued growth and profitability. The property features a ±2,726 square foot building that includes a ground-level commercial retail space and a second-floor residential apartment. The apartment offers two bedrooms and one bathroom, making it ideal for an owner-operator, staff housing, or additional rental income. A private parking lot located at the rear of the building provides ten dedicated spaces for customers and staff. The building is also equipped with a walk-up window, offering convenient service for ordering and picking up food, and providing opportunities to expand takeout or seasonal offerings. In addition to the operating business and real estate, the property includes a cell tower pole that generates consistent rental income, creating an additional revenue stream. The location offers excellent visibility in the heart of Atlantic City, just minutes from the boardwalk, casinos, and major roadways. Its central position benefits from high foot traffic and easy accessibility, further enhancing its appeal as a profitable and strategic investment. This is a truly exceptional opportunity to acquire a turnkey business with deep roots in the community, paired with income-producing real estate in a prime coastal market. For more information, detailed financials, or to schedule a private tour, please contact us today.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1960
Living Area
2,726 sq ft
Lot Size
0.12 acres
Lot Dimensions
35.57 x 150.00
Parking Spaces
10
Zoning
CBD
Days on Market
314
MLS® Listing#
NJAC2019062
Property Features
Appliances
Cooling
Heating
Parking
Construction
Sewer
Water Source
Schools
- District:
- ATLANTIC CITY SCHOOLS
Financial Details
Annual Taxes
$5,913
Tax year 2024
Assessed Value
$171,300
Parcel Number
02-00336-00024
Directions
Take Atlantic City Expy E to Fairmount Ave in Atlantic City. Follow Fairmount Ave and N Mississippi Ave to Arctic Ave
Affordability Calculator
$310,000
Estimated monthly payment
$8,250/mo
Principal $1,240,000 · Est. interest $1,729,910 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in ATLANTIC CITY, NJ
- $616,124
- Median Listing Price
- 49
- Median Days on Market
- 1,380
- Median Sq Ft
- $425
- Median Price / Sq Ft
- 3,214
- Active Listings
- This home’s price is 152% above the area median.
- Its price per sq ft is 34% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in ATLANTIC CITY, NJ.
Location
Getting Around
Points of Interest in ATLANTIC CITY, NJ
Showing the ATLANTIC CITY area map.
Nearby Schools
Texas Avenue School
Elementary · 0.2 mi away
Atlantic City Schools
School · 0.3 mi away
Our Lady Star of the Sea Church
School · 0.3 mi away
Indiana Ave School
School · 0.4 mi away
Oceanside Charter School
School · 0.4 mi away
Brighton Avenue School
Elementary · 0.5 mi away
Sovereign Avenue School
Elementary · 0.7 mi away
New York Avenue School
Elementary · 0.7 mi away
Atlantic City Public Schools
Elementary · 0.7 mi away
Dr Martin Luther King School
Elementary · 0.8 mi away
Pennsylvania Ave School
Elementary · 1.0 mi away
Venice Park Elementary School
Elementary · 1.2 mi away
New Jersey Avenue School
School · 1.2 mi away
Richmond Avenue School
Elementary · 1.3 mi away
Chelsea Heights School
Elementary · 1.3 mi away
Uptown School Complex
Elementary · 1.5 mi away
Atlantic City High School
Secondary · 2.1 mi away
Ventnor Elementary School
Elementary · 3.3 mi away
Sea Tots Early Learning Center
School · 3.7 mi away
Margate City School District
Secondary · 3.7 mi away
Commute Calculator
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|---|---|---|---|---|
| 201 16Th St, Union City, NJ | $1,088,000 | 6 | 3 | — |
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| 106-108 N 8Th St, Paterson City, NJ | $1,090,000 | — | — | 4,008 |
| 516 Hawthorne Ave, Newark City, NJ | $1,095,000 | 9 | 6 | 3,959 |
| 1442 South Ave, Plainfield City, NJ | $1,095,000 | — | — | 1,680 |
| 77 ERIE ST 1, Jersey City, NJ | $1,095,000 | 2 | 3 | 1,577 |
Moving Cost Estimate
EXIT Agents in ATLANTIC CITY
Listing Courtesy: SJI Jackson Realty, LLC - 8566626565