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Andie Scheidt

Engel & Völkers

[email protected] +1(410) 241-1754

$ 129,000

Est. payment -/mo

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1216 BELMONT TER Atlantic City, NJ 08401

627 Sqft Lot

UPDATED:

02/23/2025 11:21 PM

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJAC2017264

HOA Y/N N

Originating Board BRIGHT

Tax Year 2024

Lot Size 627 Sqft

Acres 0.01

Lot Dimensions 14.22 x 44.00

Property Sub-Type Land

Property Description

💲💲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, NJAC2107264,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.

Location

State NJ

County Atlantic

Area Atlantic City (20102)

Zoning RM-2

Exterior

Water Access N

View City, Street

Garage N

Building

Lot Description Level, Not In Development, Open, Premium, Road Frontage

Sewer Public Hook/Up Avail

Water Public Hook-up Available

Schools

Elementary Schools Venice Park School

Middle Schools New York Avenue School

High Schools Atlantic City H.S.

School District Atlantic City Schools

Others

Tax ID 02-00449-00004

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Seller Financing, Private, Cash

Listing Terms Seller Financing, Private, Cash

Financing Seller Financing,Private,Cash

Special Listing Condition Standard

Listed by Kelli A Ciancaglini • Keller Williams Hometown

Andie Scheidt

License ID: 652506

+1(410) 241-1754

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