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For sale
  • Price increase: $100 (7/10)
    $540,000

    205 S Vermont Ave, Atlantic City, NJ 08401

    8beds
    2baths
    2,312sqft
    : 
    $3,740/mo
    Get pre-qualified
    Duplex
    Built in ----
    -- sqft lot
    $507,400 Zestimate®
    $234/sqft
    $-- HOA

    What's special

    Prime beach block locationStunning panoramic waterfront viewsGenerously sized bedrooms
    **Listing Attention:** This property presents a unique opportunity to own a beautiful duplex in a prime beach block location. You can either develop a trophy property with stunning panoramic waterfront views or retain the existing structure and upgrade it for substantial income through Airbnb rentals. This property is legally zoned as a duplex, allowing for extra income generation. You can occupy one unit while renting out the other or capitalize on the booming Airbnb market. Positioned just a short walk from the renowned Atlantic City beach, this home is an ideal rental property for both vacationers and long-term tenants. The property features six generously sized bedrooms and two bathrooms in the upper unit, currently rented for $1,500 per month, which is well below current market value, and a two-bedroom, one-bathroom unit on the ground level, rented for $1,100 per month, providing ample space for family, friends, and guests. The LH-2 Zoning District permits multi-family, low-rise, and mid-rise residential buildings, along with opportunities for restaurants, bars, non-casino hotels, townhouses, and other uses. This is truly a rare opportunity that may not come around again.
    422 days
    |
    784
    |
    28
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    GORAN CEDEVSKI 609-334-0238,

    BHHS FOX and ROACH-Northfield

    Source: SJSRMLS,MLS#: 596817MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 2
      Rooms
      • Room types: Den/TV Room, Dining Area, Kitchen, Living Room
      Heating
      • Baseboard, Natural Gas
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Gas Stove, Refrigerator
      Features
      • Pantry
      • Basement: 6 Ft. or More Head Room
      • Has fireplace: No
      Interior area
      • Total structure area: 2,312
      • Total interior livable area: 2,312 sqft

      Property

      Parking
      • Parking features: Off Site, None
      Features
      • Patio & porch: Deck, Porch
      • Has view: Yes
      • View description: Boardwalk Front
      • Waterfront features: Beach Block, Boardwalk Front
      • Frontage type: Boardwalk Front
      Lot
      • Size: 2,800 Square Feet
      • Dimensions: 35 x 80
      Details
      • Parcel number: 30

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Duplex
      Materials
      • Brick, Vinyl
      Condition
      • New construction: No

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Atlantic City

      Financial & listing details

      • Price per square foot: $234/sqft
      • Tax assessed value: $171,000
      • Annual tax amount: $5,903
      • Date on market: 5/31/2025
      • Date available: 05/31/2025
      • Road surface type: Sidewalks

        Estimated market value

        $507,400

        $482,000 - $533,000

        $1,742/mo

        Price history

        DateEventPrice
        7/10/2026Price change$540,000+0%$234/sqft
        Source: SJSRMLS #596817 Report a problem
        7/1/2026Price change$539,900-0.9%$234/sqft
        Source: SJSRMLS #596817 Report a problem
        5/27/2026Price change$545,000-1.8%$236/sqft
        Source: SJSRMLS #596817 Report a problem
        8/19/2025Price change$554,9000%$240/sqft
        Source: SJSRMLS #596817 Report a problem
        8/10/2025Price change$555,000-0.9%$240/sqft
        Source: SJSRMLS #596817 Report a problem
        7/8/2025Price change$559,900-0.9%$242/sqft
        Source: SJSRMLS #596817 Report a problem
        5/31/2025Listed for sale$565,000+24.2%$244/sqft
        Source: SJSRMLS #596817 Report a problem
        6/4/2024Listing removed--
        Source: SJSRMLS #576971 Report a problem
        8/17/2023Listed for sale$455,000+313.6%$197/sqft
        Source: SJSRMLS #576971 Report a problem
        3/29/2006Sold$110,000$48/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,903 $171,000
        2024$5,903 -3.2%$171,000
        2023$6,096 -8.6%$171,000
        2022$6,671 -17.7%$171,000
        2021$8,108 +190.7%$171,000 -17%
        2020$2,789 +118.6%$206,100 +194.4%
        2019$1,276 $70,000
        2018$1,276 -70%$70,000 -11.2%
        2017$4,246 -19.9%$78,800 -28.4%
        2016$5,304 +2.2%$110,000 -29%
        2015$5,189 -27.1%$155,000
        2014$7,115 +30.6%$155,000 -44.6%
        2012$5,450 +13.2%$279,900
        2011$4,813 +5.9%$279,900
        2010$4,545 +3%$279,900
        2009$4,413 +169.2%$279,900
        2008$1,639 +0.8%$279,900 +536.1%
        2007$1,626 $44,000
        2006-- $44,000
        2005-- $44,000
        2004-- $44,000
        2003-- $44,000
        2002-- $44,000
        2001-- $44,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 08401

        Getting around

        77 / 100
        Very Walkable
        42 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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