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$799,000 -$200,000 (-20.02%) Price Reduced
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Property Description
Opportunity meets vision at 111 Oriental Avenue, a property positioned just steps from the Atlantic City Boardwalk and the oceanfront. The structure has already been gutted and fit out for six units - five two-bedroom, one one-bedroom - all with one bath, in accordance with the City's current six-unit limit. A variance would be required for any additional units, including the potential to reactivate the basement level which was once utilized for living space. The groundwork has been laid with all brand-new windows installed, plywood flooring in place, and a full basement offering added flexibility pending approvals. What makes this offering compelling is not only the existing configuration, but the location. With direct ocean views, immediate access to the beach, and proximity to the Ocean Casino Resort and the surrounding corridor of redevelopment, this is the kind of project where smart capital and strong execution will capture the momentum of a market in transition. The area is benefiting from ongoing investment and revitalization, creating the conditions for significant upside in both short-term rental strategies such as Airbnb and long-term, stabilized income approaches.
Full Property Details
Full Property Details for 111 Oriental Ave
General
- Price: $799,000
- Taxes: $6,759 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: NJAC2021602
- Updated: 4/22/2026
- Added to Site: 168 day(s) ago
Business
- Business Type: Apartment Building
Rooms
Bathrooms
- Restrooms: 6
Parking
- Parking Type: On Street
Location
- Area: Atlantic City (20102)
- Municipality: ATLANTIC CITY
- County: ATLANTIC
- Driving Directions: Atlantic Ave to New Hampshire to Oriental Ave
- Location Details: Urban
Heating & Cooling
- Cooling Type: None
- Heating Type: None
- Water Heater: None
Utilities
- Sewer: Public Sewer
- Water: Public
- Dist. to Water: 100 Feet
- Utility Description: Natural Gas Available, Sewer Available, Water Available
Structural Information
- Construction: Brick, Stucco
- Basement: Yes
- Foundation: Brick/Mortar
- Roof: Flat
- Ceiling Height: 8' to 10', 10' to 12'
- Stories/Levels: 4
- Building Size: 4620
- Year Built: 1950
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
Lot Features
- Property View: Ocean
- Lot Size (Acres): 0.09
- Lot Size (Sq. Ft.): 3,920
- Lot Size Source: Estimated
- Lot Dimensions: 50 x 80
- Zoning: RS-C
- Lot Description: Flood Plain
Water Features
- Water View: Yes
- Water Front Type: Cove
- Water Front Name: Atlantic Ocean
Financial Considerations
- Price Per Sq. Ft.: $172.94
- Assessment Year: 2025
- County Tax Freq: Annually
- Tax w/Assessment: $200,000
- Tax Amount: $6,759
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 8
Listed by EXP Realty, LLC, Hader Rivas Sr.
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Schools
Schools serving 111 Oriental Ave
School District:Atlantic City School District
| Name | Grades | Distance |
|---|---|---|
Pennsylvania Ave School 201 North Pennsylvania Avenue, Atlantic City, NJ 08401 | PK-8 | 0.8 mi |
Atlantic City High School 1400 North Albany Avenue, Atlantic City, NJ 08401 | 9-12 | 3.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 111 Oriental Ave
Date
Details
Price
Change
Source
4/22/2026
Price Reduced
$799,000
-20.02%
MLS
11/06/2025
Listed
$999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 111 Oriental Ave
111 Oriental Avenue, Atlantic City, NJ 08401 (MLS# NJAC2021602) is a Apartment property. 111 Oriental Avenue is currently listed for $799,000 and was received on November 06, 2025. Want to learn more about 111 Oriental Avenue? Do you have questions about finding other Apartment real estate for sale in Atlantic City? You can browse all Atlantic City real estate or contact a Coldwell Banker agent to request more information.

