See all 9 photos
$8,000,000
Est. payment /mo
2.7 Acres Lot
New
445 Atlantic Ave Atlantic City, NJ 08401
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Key Details
Property Type Vacant Land
Sub Type 1+ to 5 Acres
Listing Status Active
Purchase Type For Sale
MLS Listing ID 598774
Annual Tax Amount $15,216
Tax Year 2024
Lot Size 2.700 Acres
Property Sub-Type 1+ to 5 Acres
Property Description
A 2.7-Acre Development Site in the Coveted NEIRA Zone." "Seize a once-in-a-generation opportunity to shape the future of Atlantic City. Located within the highly sought-after Northeast Inlet Renewal Area (NEIRA), this 2.7-acre swath of land located at Atlantic Ave and North Massachusetts Avenues is a developer's dream. With its prime location, this property offers an unparalleled canvas for a landmark mixed-use project. With approvals in place for low and mid rise residential and conditional approvals for commercial, this site is ready to go. The property's coveted NEIRA zoning provides a clear and powerful advantage, confirming a pre-approved path for low-rise and mid-rise residential development, with conditional commercial use considered. This strategic zoning is a testament to the city's commitment to revitalizing this neighborhood, making it an ideal location for an investment poised for high growth. Your future project here will be more than a building; it will be a cornerstone of the Northeast Inlet's transformation. Positioned a short walk from the iconic Boardwalk and beach, and at the nexus of the city's dynamic entertainment district, this location offers the perfect blend of residential desirability and commercial visibility. This is a rare opportunity to acquire one of the largest undeveloped parcels in a zone specifically targeted for revitalization and investment. Don't just build a project—build a legacy in the heart of Atlantic City's resurgence."
Location
State NJ
County Atlantic
Community Atlantic City
Area Atlantic City
Zoning See Remarks
Location Details Corner,Boardwalk Area
Exterior
Utilities Available Electric, Gas, Sewer, Water
Others
Senior Community No
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Listed by KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield
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