MLS#NJAC2019406
STATUSACTIVE UNDER CONTRACT
PROPERTY TYPECommercial -
SCHOOLATLANTIC CITY SCHOOLS
Property 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!
Property Features
Property Type: Commercial -
Cooling: Window Unit(s)
Fuel Type: Natural Gas
Heating: Radiant
Lot Size: 0.07 Acres
Taxes: $25,890
Year Built: 2025
Feature Descriptions
Days on Site: 295
Lot Dimensions: 0.07 Acre(S)
Municipality: ATLANTIC CITY
Sewer: Public Sewer
Total Garage/Parking Spaces: 0
Water: Public
Local Schools
School District: ATLANTIC CITY SCHOOLS
Listed By / Shown By
Listed By
Agency Name: KW Empower
Agency Phone: 2156273500
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
133-37 St James Place | MLS# NJAC2019406
This commercial property located at 133-37 St James Place, Atlantic City, NJ 08401 is currently listed for sale with an asking price of $4,550,000. 133-37 St James Place is located within the ATLANTIC CITY SCHOOLS school district. Search Atlantic City real estate on www.realtymarkllc.com today.