This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/47
$2,900,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/47
Property 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.
Full Property Details
Full Property Details for 2318 Fairmount Ave
General
- Price: $2,900,000
- Taxes: $13,675 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSPhilly
- MLS ID: NJAC2024106
- Updated: 4/21/2026
- Added to Site: 1 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.: $285.55
- 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
Get Pre-Approved Today
Schools
Schools serving 2318 Fairmount Ave
School District:Atlantic City School District
| Name | Grades | Distance |
|---|---|---|
Texas Avenue Elementary School 2523 Arctic Avenue, Atlantic City, NJ 08401 | K-5 | 0.2 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
Date
Details
Price
Change
Source
4/21/2026
Listed
$2,900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
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.
Estimate the Cost
Estimate the Cost for 2318 Fairmount Ave
2318 Fairmount Avenue, Atlantic City, NJ 08401 (MLS# NJAC2024106) is a Apartment property. 2318 Fairmount Avenue is currently listed for $2,900,000 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.

