Property

Atlantic City, NJ 08401 133-37 St James Place

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Presented By: KW Empower
  • MLS# NJAC2019406
  • 06/25/2025
  • Request Tour
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  • SQFT • 6,248

Home Details

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 Citys most promising areas, this asset benefits from strong tenant demand, walkability to amenities, and proximity to major redevelopment projects. Whether youre looking to grow a portfolio or enter a strong secondary market, this property checks all the boxes. Schedule your showing today!
Presented By: KW Empower

Interior Features for 133-37 St James Place

Other Interior Features

Central Air Y/NNo
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas

General for 133-37 St James Place

Acceptable FinancingCash, Conventional
AccessibilityNone
Business TypeOther
CityATLANTIC CITY
Construction MaterialsOther
Cool FuelElectric
CoolingWindow Unit(s)
CountyATLANTIC
DirectionsUse GPS
HeatingRadiant
Lot Size Square Feet3124.00
Lot Size UnitsSquare Feet
MLS AreaAtlantic City (20102)
ModificationTimestamp2025-06-25T11:47:25
MunicipalityATLANTIC CITY
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG728.23
Property SubtypeFive Or More Units
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount25890.0
Tax Assessed Value750000.0
Tax Lot00007
Tax Year2024
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2025
Year Built SourceEstimated
ZoningRS-C

Exterior for 133-37 St James Place

Building Area Total6248.00
Car Parking Spaces
Land Assessed Value250000.00
Land Use Code
Lot Dimensions41.66 x 75.00
Lot Size Acres0.07
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces0
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Charles Torres

Owner
Price $4,550,000
MLS#NJAC2019406
List Date 06/25/2025
Property Type Commercial
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