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About This Home

This 0-bedroom, 0-bathroom residential multi family at 203 N S Carolina Ave in Atlantic City, NJ is listed for $359,995. on a N/A lot.

Agent Description

Legal Quadplex!! INVESTOR ALERT - 12% Cap rate! Ground floor commercial space was recently leased out to new tenants on November 1st 2025. The second floor one bdrm apartment is leased out via Section 8 and big enough for a 3 person max limit on the CO by the city, the top two floors are currently vacant.

The 3bdrm apartment is big enough for 7 people on the CO from the city. The residential units have open floor plans with plenty of natural sunlight from all the windows & nice panoramic views of the city all around the apartment. They feature gas cooking, Vynil Plank flooring throughout, and natural gas hot water baseboard heating.

Located in close vicinity to City Hall, Tanger Outlets shopping, All Casinos including Tropicana and Ceasers Wild Wild West, 5 Star Dining, World Class Nightlife, Jersey Shore Beaches, World Famous Baordwalk, and the Atlantic Ocean! Close to Absecon Lighthouse, Gardners Basin, Back Bay Ale House, Gilchrest, AC Aquarium, Fishing Jettys & Peirs, Show

boat & Waterpark, Borgata, Harrahs, Ocean Casino, Hardrock & Steel Peir, Resorts & Margaritaville, Golden Nugget & Farley Marina, the Little Water Distillery, Axe Throwing, and Seed Brewery! Street Parking Only. Convert back to the 4 unit and make an additiona $8000 P/Y or more!!

Monthly Cost Estimate

$1,925/mo

20% down · 6.5% · 30 years

Principal$260
Interest$1,560
Insurance$105

Estimates only. Actual payments may vary.

Location

203 N S Carolina Ave

Atlantic City, NJ 08401

Features & Amenities

Exterior Features

CurbsSidewalks

Property Details

Heating

Natural GasBaseboardHot Water(Heating)

Appliances

Gas StoveRefrigeratorSelf Cleaning Oven

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 203 N S Carolina Ave is listed at $359,995. The estimated monthly payment is $1,560 based on 20% down at 6.5% interest.

Exterior Features: Curbs, Sidewalks.

This property is listed by GERARD (Jerry) BARKER and can be reached at 6094817745.

GB

GERARD (Jerry) BARKER

Agent at WEICHERT REALTORS ASBURY GROUP-AC

(609) 481-7745

Listed by WEICHERT REALTORS ASBURY GROUP-AC · View on Broker Site

MLS# 606047· Source: listhub· Updated 67 days ago

Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

203 N S Carolina Ave, Atlantic City, NJ 08401

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