$4,550,000

133-37 ST JAMES PL, Atlantic City, NJ 08401

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 2025
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 18 days ago

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!

Listing Status:
Active
Listing Office:
KW Empower : 2156273500
Listing Agent:
James F Roche Jr. : 2157149539
MLS ID:
NJAC2019406
  • A/C: Window Unit(s)
  • Heating: RadiantNatural Gas
  • Disability Feature: None

This listing courtesy of James F Roche Jr., KW Empower

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Pennsylvania Avenue School

201 N Pennsylvania Ave, Atlantic City, NJ, 08401

Grades PK-8

0.67 miles away

P

Pennsylvania Avenue School

201 N Pennsylvania Ave, Atlantic City, NJ, 08401

Grades PK-8

0.67 miles away

A

Atlantic City High School

1400 N Albany Ave, Atlantic City, NJ, 08401

Grades 9-12

2.75 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.