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Sold for $220,000
  • $220,000

    1017 Arctic Ave, Atlantic City, NJ 08401

    2beds
    2baths
    --sqft
    Triplex
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $1,834 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,834/mo

    Zestimate® history
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    What's special

    Commercial storefrontCentral heating and coolingBrand-new bathroomUpdated bathroomResidential apartmentsBrick building
    Massive price reduction and now priced to sell fast for the investor looking for a great opportunity. Situated in a prime, up-and-coming corridor near the Hard Rock Casino and major redevelopment zones. This 3-story mixed-use brick building offers a total of 2,050 sq ft and is zoned Commercial (Land Use - State) and sits on a 15 ft x 62 ft lot (0.0214 acres). The property features a diverse income-producing layout: a vacant 700 sq ft commercial storefront that needs a full renovation on the first floor and two residential apartments, both 1 bedroom and 1 bathroom, on the second and third floors. Perfect for investors seeking cash flow, owner-occupants looking to offset costs with rental income, or business owners wanting to live and work on-site.

    Zillow last checked:

    Listing updated:

    Listed by:

    DANIEL RALLO 609-338-7364,

    KELLER WILLIAMS REALTY ATLANTIC SHORE-BRIGANTINE

    Bought with:

    DANIEL RALLO, 1325075

    Source: SJSRMLS,MLS#: 602253MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Natural Gas, Multi-Zoned
    Features
    • Has basement: No
    • Has fireplace: No

    Property

    Parking
    • Parking features: None
    Lot
    • Size: 930 Square Feet
    • Dimensions: 15 x 62
    Details
    • Parcel number: 16

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Brick
    Condition
    • New construction: No
    • Year built: 1930

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Atlantic City

    Financial & listing details

    • Tax assessed value: $127,000
    • Annual tax amount: $4,293
    • Date on market: 11/11/2025
    • Date available: 11/11/2025

    Price history

    DateEventPrice
    3/25/2026Sold$220,000-20%
    Source: SJSRMLS #602253 Report a problem
    2/6/2026Pending sale$275,000
    Source: SJSRMLS #602253 Report a problem
    1/6/2026Price change$275,000-15.4%
    Source: SJSRMLS #602253 Report a problem
    11/11/2025Listed for sale$325,000
    Source: SJSRMLS #602253 Report a problem
    7/23/2025Listing removed$2,250
    Source: Zillow Rentals Report a problem
    3/11/2025Price change$2,250+2.3%
    Source: Zillow Rentals Report a problem
    1/11/2024Listed for rent$2,200
    Source: Zillow Rentals Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,384 $127,000
    2024$4,384 -3.2%$127,000
    2023$4,528 -8.6%$127,000
    2022$4,954 -0.8%$127,000
    2021$4,996 -66.3%$127,000
    2020$14,820 +12.8%$127,000 -65.9%
    2019$13,143 $372,000
    2018$13,143 -8.5%$372,000
    2017$14,359 +12.8%$372,000
    2016$12,730 +2.2%$372,000
    2015$12,455 +1242.5%$372,000 +1382.1%
    2007$928 $25,100
    2006-- $25,100
    2005-- $25,100
    2004-- $25,100
    2003-- $25,100
    2002-- $25,100
    2001-- $25,100
    Find assessor info on the county website

    Neighborhood: 08401

    Nearby schools

    GreatSchools rating
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