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Marjorie Dick Stuart

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133-37 St James Pl, ATLANTIC CITY, NJ – $4,550,000

  • $4.6M Price
  • 6,248 Sqft
  • .07 Acres
  • 60 DOM
  • $4.6M Price
  • 6,248 Sqft
  • .07 Acres
  • 60 DOM

133-37 St James Pl

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 City’s most promising areas, this asset benefits from strong tenant demand, walkability to amenities, and proximity to major redevelopment projects. Whether you’re looking to grow a portfolio or enter a strong secondary market, this property checks all the boxes. Schedule your showing today!

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Essential Information

  • MLS® #NJAC2019406
  • Price$4,550,000
  • Bathrooms0.00
  • Square Footage6,248
  • Acres0.07
  • Year Built2025
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address133-37 St James Pl
  • AreaAtlantic City (20102)
  • CityATLANTIC CITY
  • CountyATLANTIC-NJ
  • StateNJ
  • MunicipalityATLANTIC CITY
  • Zip Code08401

Interior

  • HeatingRadiant
  • CoolingWindow Unit(s)

School Information

  • DistrictATLANTIC CITY SCHOOLS

Additional Information

  • Date ListedJune 25th, 2025
  • Days on Market60
  • ZoningRS-C

Listing Details

  • OfficeKW Empower
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Listing information last updated on August 23rd, 2025 at 5:03pm CDT.