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$4,550,000

Sold

A year ago

MLS® NJAC2019406

Buyer represented by NON MEMBER of Non Subscribing Office

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $25,890
Approx. Age 2025
MLS® Number NJAC2019406

Property Address: 133-37 Saint James Pl, Atlantic City, NJ, 08401-7105

Average square foot calculated using Size range provided by listing agent.

Description

Rare 85-Unit Multifamily Portfolio in the Heart of Atlantic Cit!Y! Hunters Commercial is pleased to present 133-37 St James Place — a turnkey, fully occupied 85-unit multifamily investment with significant value-add potential. Situated just blocks from the Atlantic City boardwalk and casino corridor, this offering includes two stabilized buildings plus an additional vacant lot — all on one parcel with dual deeds. Current rents are well below market, presenting an opportunity to increase income by 20%+ through repositioning. With a cap rate of 10.69% and cash-on-cash returns over 10%, this asset is ideal for investors seeking stable cash flow with upside in a high-demand market undergoing active redevelopment. Positioned in one of Atlantic City’s most promising areas, this asset benefits from strong tenant demand, walkability to amenities, and proximity to major redevelopment projects. Whether you’re looking to grow a portfolio or enter a strong secondary market, this property checks all the boxes. Schedule your showing today!
MLS® NumberNJAC2019406
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age2025
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

Apr 17, 2026End Date
$2,475,000Sold Price

Sold

Jun 25, 2025List Date
$4,550,000List Price
  • Commute

Commute

Starting Address
Destination Address
133-37 Saint James Pl, Atlantic City, NJ

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