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$2,650,000 -$150,000 (-5.36%) Price Reduced

  • For Sale
  • Active
  • Apartment
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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.

Full Property Details for 2318 Fairmount Ave

General

  • Price: $2,650,000
  • Taxes: $13,675 (2025)
  • Status: Active
  • Type: Apartment
  • Source: BrightMLSPhilly
  • MLS ID: NJAC2024106
  • Updated: 6/4/2026
  • Added to Site: 47 day(s) ago

Business

  • Business Type: Auto Related, Apartment Building, Other/General Reta

Parking

  • Total Spaces: 5
  • Parking Type: Private Garage

Location

  • Area: Atlantic City (20102)
  • Municipality: ATLANTIC CITY
  • County: ATLANTIC
  • Driving Directions: GPS

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Ceiling
  • Heating Fuel: Electric
  • Water Heater: Electric

Utilities

  • Sewer: Private Sewer
  • Water: Public

Structural Information

  • Construction: Combination
  • Drive-In Doors: 1
  • Building Size: 10156
  • Year Built: 1920
  • Year Built Source: Assessor

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,068
  • Lot Size Source: Assessor
  • Lot Dimensions: 65.50 x 92.65
  • Zoning: MURD

Financial Considerations

  • Price Per Sq. Ft.: $260.93
  • Assessment Year: 2025
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $404,600
  • Tax Amount: $13,675
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple
  • Inclusions: All body shop equipment
  • Lot Number: 3

Listed by RE/MAX ONE Realty-Moorestown, James Perdigao

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Listing agent

— 2318 Fairmount Ave —

  • James Perdigao

    RE/MAX ONE Realty-Moorestown

Listing Office Email: bonniebmax@gmail.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 2318 Fairmount Ave

School District:Atlantic City School District
NameGradesDistance
Texas Avenue Elementary School
2523 Arctic Avenue, Atlantic City, NJ 08401
K-50.2 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 2318 Fairmount Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/04/2026
Price Reduced
$2,650,000
-5.36%
MLS
4/24/2026
Price Reduced
$2,800,000
-3.45%
MLS
4/21/2026
Listed
$2,900,000
—
MLS
Get Price Alerts and Save Property
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 for 2318 Fairmount Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,967
-3%
$404,600
—
2023
$14,424
-6%
$404,600
—
2022
$15,282
-3%
$404,600
—
2021
$15,783
-2%
$404,600
—
2019
$16,115
13%
$404,500
—
2018
$14,291
3%
$404,500
—
2017
$13,838
-11%
$404,500
—
2016
$15,614
13%
$404,500
—
2015
$13,842
35%
$404,500
—
2013
$10,282
—
$404,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by RE/MAX ONE Realty-Moorestown, James Perdigao

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2318 Fairmount Avenue, Atlantic City, NJ 08401 (MLS# NJAC2024106) is a Apartment property. 2318 Fairmount Avenue is currently listed for $2,650,000 and was received on April 21, 2026. Want to learn more about 2318 Fairmount 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.

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