Property

Atlantic City, NJ 08401 1208 Belmont Terrace

1208 Belmont Terrace Atlantic City, NJ - Image 11208 Belmont Terrace Atlantic City, NJ - Image 21208 Belmont Terrace Atlantic City, NJ - Image 3
Presented By: Keller Williams Hometown
  • MLS# NJAC2017254
  • 02/23/2025
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Multi Parcel development Opportunity with Seller Financing AvailableSelling as a double parcel package that includes 1208 and 1210 Belmont Terr [MLS# NJAC2017254 and NJAC2017256]. Located in the vibrant core of Atlantic City, NJ, these vacant land parcels present an incredible opportunity for developers and investors looking to bring a visionary project to life. With RM-2 zoning, this double parcel package is perfectly suited for medium-rise apartment buildings, luxury condos, or mixed-use developments that blend residential and commercial spaces. Positioned just minutes from world-class casinos, the boardwalk, pristine beaches, and top-rated restaurants, these land parcels offer unbeatable convenience and high visibility. Atlantic City continues to experience a resurgence, with new developments, increasing property values, and a strong demand for modern, high-quality housing. The RM-2 zoning designation allows for multifamily residential projects, making this an ideal site for apartment complexes, vacation rentals, or urban-style townhomes. The flexible zoning also opens doors for mixed-use spaces, combining retail storefronts with residential units aboveperfect for capitalizing on the city's high foot traffic. Beyond location and zoning benefits, this parcel is positioned near major highways, public transportation, and Atlantic City International Airport, ensuring seamless connectivity for residents, tourists, and commuters alike. With millions of visitors flocking to the city each year and an increasing need for modern housing solutions, this is a rare chance to build something special in one of the East Coasts most dynamic markets. Whether youre looking to develop, invest, or hold, this double parcel package represents an unparalleled opportunity to create a high-value, revenue-generating project in a city that continues to thrive. For more details or to schedule a site visit, contact us today! *Buyers should, and are encouraged to, conduct their own due diligence
Presented By: Keller Williams Hometown

General for 1208 Belmont Terrace

Acceptable FinancingSeller Financing, Private, Cash
Additional Parcels Description1210 Belmont Terr [MLS#NJAC2017] is also included in the sale.
Additional Parcels Y/NYes
CityATLANTIC CITY
Clean Green Assessed Y/NNo
CountyATLANTIC
Current UseLand/Lot Only
DirectionsGPS
HOANo
Lot Size Square Feet793.00
Lot Size UnitsSquare Feet
MLS AreaAtlantic City (20102)
ModificationTimestamp2025-05-19T15:00:48
MunicipalityATLANTIC CITY
OwnershipFee Simple
PossessionSettlement
Possible UseMulti-Family
Price Per Sq Ft Total AG245.9
Property SubtypeLand
Property TypeLand
School DistrictATLANTIC CITY SCHOOLS
SewerPublic Hook/Up Avail
Standard StatusActive
StatusACTIVE
Tax Annual Amount0.0
Tax Assessed Value0.0
Tax Lot00007
Tax Year2024
Vacation Rental Y/NNo
ViewCity, Street
Water Access Y/NNo
ZoningRM-2

Exterior for 1208 Belmont Terrace

Lot Dimensions18.50 x 43.50
Lot FeaturesLevel, Not In Development, Open, Premium, Road Frontage
Lot Size Acres0.02
Lot Size SourceAssessor
LotDimensionsSourceEstimated
Navigable Water Y/NNo
Number of Lots2
Water Oriented Y/NNo
Water SourcePublic Hook-up Available
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Atlantic City H.S.
Elementary School Venice Park School Elementary School
Middle School New York Avenue School Middle School

Charles Torres

Owner
Price $195,000
MLS#NJAC2017254
List Date 02/23/2025
Property Type Land
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