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$499,000 Just Listed
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Property Description
1624 Pacific Avenue is a three-story ±7,000 SF mixed-use building located in a Redevelopment and Opportunity Zone. The ground floor is fully approved for a Class 5 retail cannabis dispensary, offering a rare opportunity in a rapidly developing area. Second and third floors were historically residential, though currently inactive. All approvals and due diligence are the responsibility of the buyer. Prime location with direct access in and out of town. 1 block to the beach and boardwalk, and 2 blocks from AtlantiCare Regional Medical Center, the Orange Loop, and the central business district. Surrounded by major new construction and redevelopment projects currently underway. Parking available nearby. Call for marketing package.
Full Property Details
Full Property Details for 1624 Pacific Ave
General
- Price: $499,000
- Taxes: $8,111 (2025)
- Status: Active
- Type: Retail
- Source: BrightMLSPhilly
- MLS ID: NJAC2024656
- Updated: Today (5/21/2026)
- Added to Site: Today
Business
- Business Type: Other/General Retail
Parking
- Parking Type: None
Location
- Area: Atlantic City (20102)
- Municipality: ATLANTIC CITY
- County: ATLANTIC
- Driving Directions: Off the intersection of Pacific Ave & MLK, Jr. Boulevard. Across from the Carnegie Library.
- Location Details: Other
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Structural Information
- Construction: Masonry
- Roof: Flat, Pitched
- Entry Floor Number: 1
- Stories/Levels: 3
- Building Size: 7018
- Year Built: 1920
- Year Built Source: Estimated
- Property Condition: Below Average
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size Source: Estimated
- Lot Dimensions: 24.16 x 100
- Zoning: RS-C
Financial Considerations
- Price Per Sq. Ft.: $71.1
- Assessment Year: 2025
- County Tax Freq: Annually
- Tax w/Assessment: $240,000
- Tax Amount: $8,111
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 2
Listed by Levin Commercial Real Estate, LLC., Joshua Levin
Get Pre-Approved Today
Schools
Schools serving 1624 Pacific Ave
School District:Atlantic City School District
| Name | Grades | Distance |
|---|---|---|
New York Avenue School 411 North New York Avenue, Atlantic City, NJ 08401 | PK-8 | 0.6 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 1624 Pacific Ave
Date
Details
Price
Change
Source
5/21/2026
Listed
$499,000
-4.95%
MLS
7/31/2024
Sold
$525,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1624 Pacific Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,285
-9%
$240,000
—
2022
$9,065
-3%
$240,000
—
2021
$9,339
-16%
$240,000
-14%
2019
$11,103
13%
$278,700
—
2018
$9,846
3%
$278,700
—
2017
$9,534
-38%
$278,700
-30%
2016
$15,440
13%
$400,000
—
2015
$13,688
-18%
$400,000
-39%
2013
$16,777
—
$660,000
—
Disclaimer: Historical tax 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 1624 Pacific Ave
1624 Pacific Avenue, Atlantic City, NJ 08401 (MLS# NJAC2024656) is a Retail property. 1624 Pacific Avenue is currently listed for $499,000 and was received on May 21, 2026. Want to learn more about 1624 Pacific Avenue? Do you have questions about finding other Retail 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.

