1226 Belmont Terrace
Atlantic City, NJ 08401
- – beds
- – baths
- – sqft
- 771 sqft lot
💲💲Multi Parcel development Opportunity with Seller Financing Available💲💲 Selling as a 4 parcel package that includes 1226, 1218, 1216, and 1212 Belmont Terr [MLS#'s: NJAC2017260, NJAC2017262, NJAC2017264, and NJAC2017266}. 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 above—perfect 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 Coast’s most dynamic markets. Whether you’re looking to develop, invest, or hold, this 4 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.
Last checked:
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Last updated Feb 24, 2025
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MLS# NJAC2017260 —
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Seller Financing, Private, Cash
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Possession:Settlement
Location
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Directions:GPS
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Cross Street:Mediterranean Ave
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Latitude:39.36720000
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Longitude:-74.42935000
The Property
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Property Type:Land
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Property Subtype:Land
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Current Use:Land/Lot Only
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Lot Size Units:Square Feet
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Lot Size Acres:0.02
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Lot Size Source:Assessor
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Lot Size Dimensions:17.50 x 44.00
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Lot Dimensions Source:Assessor
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Lot Features:Level, Not In Development, Open, Premium, Road Frontage
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Lot SqFt:771 Sqft
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Additional Parcels:Yes
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Additional Parcels:Sale Includes 1226, 1218, 1216, And 1212 Belmont Mls#'S: Njac2017260, Njac2017262, Njac2017264, And Njac2017266
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Zoning:RM-2
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Zoning Description:In Atlantic City, New Jersey, the RM-2 zoning designation stands for a Multifamily Residential District.
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View:City, Street
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Farm Land Preservation:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (856) 522-3200
- Office phone:
- (856) 241-4343
Taxes
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Tax ID Number:02-00449-00002
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Tax Year:2024
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Tax Lot:00002
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Year Assessed:2024
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Total Taxes Payment Frequency:Annually
Utilities
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Sewer/Septic:Public Hook/Up Avail
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Water Source:Public Hook-up Available
Schools
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Elementary School:Venice Park School
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Middle School:New York Avenue School
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High School:ATLANTIC CITY H.S.
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School District Name:Atlantic City Schools
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School District Source:Listing Agent
The Community
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HOA:No
Extra Units
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Vacation Rental:No
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
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2/23/25
Feb 23, 2025
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Listed / Active | BRIGHT | $129,000 |
