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About This Home

This 0-bedroom, 0-bathroom other at 2318 FAIRMOUNT Avenue in Atlantic City, NJ is listed for $2,800,000. Built in 1920, on a 0.14 acres lot.

Agent Description

Prime redevelopment opportunity in the heart of Atlantic City! Located at 2318 Fairmount Avenue, this versatile two-story property offers incredible potential with MURD (Mixed-Use Residential Development) zoning--ideal for investors or developers looking to capitalize on a high-demand area.

The first floor is currently operating as an auto body shop, providing immediate usability or income potential, while the second floor presents a blank canvas ready for your vision--whether residential units, office space, or a mixed-use concept. Just off the highway as you enter Atlantic City, this property offers excellent accessibility and visibility. Enjoy close proximity to top destinations including the Atlantic City Boardwalk, Atlantic City Beach, world-renowned casinos and shopping outlets.

Key Features

  • Built in 1920
  • 0.14 acre lot
  • 5 parking spaces

Property Details

5 spaces
1920

Monthly Cost Estimate

$14,975/mo

20% down · 6.5% · 30 years

Principal$2,025
Interest$12,133
Insurance$817

Estimates only. Actual payments may vary.

Location

2318 FAIRMOUNT Avenue

Atlantic City, NJ 08401

Property Details

Construction

Combination

Parking

Garage

Heating

Ceiling

Questions & Answers

This 0-bedroom, 0-bathroom other at 2318 FAIRMOUNT Avenue is listed at $2,800,000. The estimated monthly payment is $12,133 based on 20% down at 6.5% interest.

Key features include: Built in 1920, 0.14 acre lot, 5 parking spaces.

This property is listed by James Perdigao and can be reached at 2154857279 or jperdigaosells@gmail.com.

JP

James Perdigao

Agent at RE/MAX ONE Realty-Moorestown

(215) 485-7279

Listed by RE/MAX ONE Realty-Moorestown

MLS# NJAC2024106· Source: listhub· Updated 41 days ago

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2318 FAIRMOUNT Avenue, Atlantic City, NJ 08401

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