Totally a strategic and unique property which spans three contiguous lots totaling 17,129 square feet, covering the entire frontage of Pacific Avenue between South Connecticut and Congress Avenues. At this busy intersection, you'll find a well-positioned, two-story, 3,900-square-foot building on the corner lot, directly across from the new luxury apartment complex 600 NoBe and the Bella Luxury Condo Tower. Corner Visibility: The fenced-in corner lot at Pacific and South Connecticut—a main access route to the Ocean Resort Casino—boasts high traffic and visibility. Fully Leased Parking Lot: The middle lot serves as a fully leased parking facility, generating steady revenue. Also close to Showboat water park faciility. Development-Ready Building Shell: On the right side, the building shell presents endless potential for multi-family, commercial, or mixed-use redevelopment. Strategic Location: Located within the CRDA Tourism District, this site is newly zoned LH-1, opening the door for a range of investment opportunities. Just two blocks from the beach, this property is ideal for capitalizing on Atlantic City's growth. There is development potential here! Buildable lots must be a minimum 7,500 SQFT per lot is required for development, allowing these lots to be consolidated into a single project. Multi-Unit & Mixed-Use Capabilities: With the combined square footage, the property can support up to 10 multi-family units with 20 required parking spaces, or commercial uses on the ground level. This is an incredible opportunity to invest in Atlantic City's growing tourism and residential sectors—don't miss out on the chance to create a landmark development in this prime development location.
Property Details
Property Features
Listing Office:
Office Name: FARLEY and FERRY REALTY, INC
Office Phone: (609) 822-1836
Lot Features
Lot Information:
Lot: Corner Lot
Lot Size: 2.82 Acres
Other
Directions Information:
Directions: Corner of Pacific Ave and Congress Ave.
Price Information
Listing Price Info
Price Summary:
List Price: $1,200,000
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Housing Market Comparison
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Property Sales & Tax
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Brighton Avenue School
30 N Brighton Ave
Distance between this listing and this school0.42 miles
Public District Grades PK-5
8
/10
Ventnor Elementary School
400 N Lafayette Ave
Distance between this listing and this school2.44 miles
Public District Grades PK-4
9
/10
William H. Ross III Elementary School
101 N Haverford Ave
Distance between this listing and this school2.98 miles
Public District Grades PK-4
Nearby Schools
4
/10
Sovereign Avenue School
111 N Sovereign Ave
Distance between this listing and this school0.36 miles
Public District Grades PK-8
6
/10
Richmond Avenue School
4115 Ventnor Ave
Distance between this listing and this school0.43 miles
Public District Grades PK-8
2
/10
Texas Avenue School
2523 Arctic Ave
Distance between this listing and this school0.68 miles
Public District Grades KG-8
Nearby Schools
2
/10
Atlantic City High School
1400 N Albany Ave
Distance between this listing and this school1.79 miles
Public District Grades 9-12
2
/10
Pleasantville High School
701 Mill Rd
Distance between this listing and this school5.57 miles
Public District Grades 9-12
5
/10
Mainland Regional High School
1301 Oak Ave
Distance between this listing and this school6.66 miles
The neighbors living near this home have an average income of $52,148. Most Atlantic City, NJ residents have annual incomes less than $35k. Typical family type is single, no kids. Residents of this area typically have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 511-521 Pacific Ave
What is the listing price of this property?
The listing price of 511-521 Pacific Ave property is $1,200,000.
What type of property is this?
The property 511-521 Pacific Ave is land located in Atlantic City, New Jersey, 08401.
Is this property for sale now?
Active Listing: 511-521 Pacific Ave is For Sale (Active/New) which means the seller is accepting offers.
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This home is located at 511-521 Pacific Ave in Atlantic City, NJ and zip code 08401 in the Chelsea neighborhood. This home sits on a 2.82 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $1,200,000.
Atlantic City, NJ housing market in October 2024 saw over 3 listings sold above listed price, more than 5 sold at listed price and over 11 sold below. Between September 2024 and October 2024, Atlantic City, NJ real estate market has seen decrease in the number of listings by 0.4%. Listings spent 54 days on the market in October 2024, and had a median list price of $239,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved. 
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