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Off market
  • $388,700

    8 N Montpelier Ave, Atlantic City, NJ 08401

    --beds
    0baths
    3,046sqft
    MultiFamily
    Built in 1940
    -- sqft lot
    $388,700 Zestimate®
    $128/sqft
    $2,772 Estimated rent

    Home value

    $388,700

    $346,000 - $435,000

    $2,772/mo

    Zestimate® history
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    $2,745/mo

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    What's special

    Investor Alert!! Excellent Multi Family/ Mixed Use INCOME PRODUCING Triplex building with 6 rental rooms located in the heart of Atlantic City, NJ. Building and units are well maintained by a very qualified long time owner keeping all state licenses and city inspections up to date. This building is located steps from beach/boardwalk, shopping, casinos, dining, and new Stockton University. Also, tenants have easy access to NJ Transit Bus stop and Atlantic City Jitney stop making this location ideal for transportation. Building makeup consists of 3 apartments and 6 rental rooms with long-term tenants: One 3-bedroom/ 1 bathroom unit, two 1-bedroom/ 1 bathroom units and 6 rental rooms with 2 common full bathrooms. All units are separately metered for electric. Water, sewer and gas heat paid by owner. Potential gross income of $ 63,300. Some recent improvements include new roof, new siding, and new hot water. Perfect for investment property or owner operator. Call listing agent for more information or private tour. ACT NOW, THIS OPPORTUNITY WILL NOT LAST LONG!!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Features
    • Basement: Slab
    Interior area
    • Total interior livable area: 3,046 sqft

    Property

    Parking
    • Total spaces: 1
    Features
    • Patio & porch: Porch-Enclosed
    • Exterior features: Vinyl
    • Fencing: Fenced Yard
    Lot
    • Size: 3,066 Square Feet
    Details
    • Parcel number: 0200263000000011

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1940

    Utilities & green energy

    • Sewer: Public Sewer

    Community & HOA

    Location
    • Region: Atlantic City

    Financial & listing details

    • Price per square foot: $128/sqft
    • Tax assessed value: $198,000
    • Annual tax amount: $6,835
    • Road surface type: Sidewalks

    Price history

    DateEventPrice
    10/2/2025Listing removed$750,000$246/sqft
    Source: SJSRMLS #595807 Report a problem
    6/16/2025Price change$750,000-6.3%$246/sqft
    Source: SJSRMLS #595807 Report a problem
    5/2/2025Listed for sale$800,000+213.7%$263/sqft
    Source: SJSRMLS #595807 Report a problem
    4/30/2021Sold$255,000$84/sqft
    Source: SJSRMLS #547597 Report a problem
    3/19/2021Pending sale$255,000$84/sqft
    Source: SJSRMLS #547597 Report a problem
    2/25/2021Listed for sale$255,000-14.7%$84/sqft
    Source: KELLER WILLIAMS REALTY JERSEY SHORE-Margate #547597 Report a problem
    1/19/2019Listing removed$299,000$98/sqft
    Source: BHHS Fox & Roach Northfield #508212 Report a problem
    7/15/2018Listed for sale$299,000$98/sqft
    Source: BHHS FOX and ROACH-Northfield #508212 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,835 $198,000
    2024$6,835 -3.2%$198,000
    2023$7,059 -8.6%$198,000
    2022$7,724 -0.8%$198,000
    2021$7,789 -31.8%$198,000
    2020$11,422 +12.8%$198,000 -30.9%
    2019$10,129 $286,700
    2018$10,129 -30%$286,700
    2017$14,475 +12.8%$286,700 -23.5%
    2016$12,833 +2.2%$375,000
    2015$12,555 +298.2%$375,000 +339.6%
    2007$3,153 $85,300
    2006-- $85,300
    2005-- $85,300
    2004-- $85,300
    2003-- $85,300
    2002-- $85,300
    2001-- $85,300
    Find assessor info on the county website

    Neighborhood: 08401

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $388,700
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    Estimated market value
    $388,700