2801 Arctic Avenue, Atlantic City, NJ 08401
Listing Courtesy of COLDWELL BANKER REALTY
$499,000
Potential Rebate: $7,485
Overview
Prime location near famous casinos and the boardwalk, featuring a restaurant, employee apartments, and untapped potential - a Triple-Level Gem! This is a fantastic opportunity for first-time homebuyers to live on the third floor and rent out the other two levels to potentially cover the mortgage, or for investors seeking strong rental income. The ground floor houses a well-established restaurant operating for over six years, adding great value. The second floor is now vacant and offers 3 spacious bedrooms and a full bath - ideal for rental or personal use. The third floor is also vacant, boasting 2 commodious bedrooms, generous living space, and a full bath. Property is being sold strictly in "as-is" condition. Don't miss this income-generating opportunity in a high-demand area!
Home Features
- •Ceiling Fan(s),A/C Wall Unit(s),A/C Window Unit(s)
- •Baseboard Electric
- •Baseboard
- •Radiant
- •Water Heater(See Remarks,Gas)
- •Water Heater
- •See Remarks
- •On Street
Building Amenities
- •Curbs
- •Sidewalks
- •Unit 1 Owner Pays(See Remarks)
- •Unit 2 Owner Pays(See Remarks)
- •Unit 3 Owner Pays(Electric,See Remarks,Water,Gas)
Estimated Monthly Payment
$3,058 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$7,485
Monthly savings impact
$21/mo
Effective Purchase Price
$491,515
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
Listing data is provided in part from the Internet Listing Display (ILD) database of the All Jersey Multiple Listing System, Inc. (AJMLS). Listings held by brokerage firms other than the site owner are identified accordingly. AJMLS does not warrant the accuracy, quality, reliability, completeness, or usefulness of the information provided. Data is for consumers’ personal, non-commercial use only and may be used solely to identify properties consumers may be interested in purchasing or renting. © 2026 All Jersey Multiple Listing System, Inc. All rights reserved.
The Real Estate Rebate Team
Listing Courtesy of COLDWELL BANKER REALTY
Data Source: AJMLS #2601250R
Why Buy With Us
Rebates Up To
2.5%
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Listings
Listing data is provided in part from the Internet Listing Display (ILD) database of the All Jersey Multiple Listing System, Inc. (AJMLS). Listings held by brokerage firms other than the site owner are identified accordingly. AJMLS does not warrant the accuracy, quality, reliability, completeness, or usefulness of the information provided. Data is for consumers’ personal, non-commercial use only and may be used solely to identify properties consumers may be interested in purchasing or renting. © 2026 All Jersey Multiple Listing System, Inc. All rights reserved.
The Real Estate Rebate Team
Listing Courtesy of COLDWELL BANKER REALTY
Data Source: AJMLS #2601250R
Price Analysis
Compare average listing prices and value metrics for 2801 Arctic Avenue, Atlantic City, NJ 08401 against the surrounding Atlantic City market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
64.59% Lower
than the Atlantic City price average
Units in this this home are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
