111 Oriental Ave, Atlantic City, NJ, 08401
About This Home
Opportunity meets vision at 111 Oriental Avenue, a property positioned just steps from the Atlantic City Boardwalk and the oceanfront. The structure has already been gutted and fit out for six units - five two-bedroom, one one-bedroom - all with one bath, in accordance with the City's current six-unit limit. A variance would be required for any additional units, including the potential to reactivate the basement level which was once utilized for living space. The groundwork has been laid with all brand-new windows installed, plywood flooring in place, and a full basement offering added flexibility pending approvals. What makes this offering compelling is not only the existing configuration, but the location. With direct ocean views, immediate access to the beach, and proximity to the Ocean Casino Resort and the surrounding corridor of redevelopment, this is the kind of project where smart capital and strong execution will capture the momentum of a market in transition. The area is benefiting from ongoing investment and revitalization, creating the conditions for significant upside in both short-term rental strategies such as Airbnb and long-term, stabilized income approaches.
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Construction materials: Stucco
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: 6 Ft. or More Head Room,Full
Bedrooms & Bathrooms
- Bedrooms: 11
Heating
- Heating features: Natural Gas
Interior Area
- Total structure area: 4,620
- Total interior livable area: 4,620 sqft
Property
Details
- Parcel number: 8
Features
- Waterfront features: Beach Block
Lot
- Lot size: 4,000 sqft
- Lot size dimensions: 50 x 80
Parking
- Parking features: Off Site,None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Winter Weather
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,040 | $48,480 |
| Home Insurance * | $875 | $10,500 |
| Property Taxes | $1,238 | $14,856 |
| Electricity | $509 | $6,111 |
| Total | $6,662 | $79,944 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-22 | Price change | $799,000 |
| 2025-10-30 | Listed for sale | $999,000 |
| 2025-10-28 | Listing removed | $999,000 |
| 2025-10-16 | Listed for sale | $999,000 |
| 2022-04-08 | Listing removed | -- |
| 2021-09-21 | Price change | $1,300,900 |
| 2021-07-23 | Listed for sale | $1,500,000 |
| 2020-09-01 | Listing removed | $1,300,000 |
| 2020-03-26 | Listed for sale | $1,300,000 |
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