#596565, Listing office: BLOOM REALTY CO
Property details
About 1207 Belmont Ter
💲💲Prime Development Opportunity with Seller Financing Available💲💲Located in the vibrant core of Atlantic City, NJ, this vacant land parcel presents an incredible opportunity for developers and investors looking to bring a visionary project to life. With RM-2 zoning, this property 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, this lot offers 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 property 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.
Highlights
Home typeVacant Land
StatusActive
(ACTIVE)
(ACTIVE)
Lot size0.14 Acres
MLS #NJAC2017250
ViewCity
Summary
- View: City
- List Price: $159,000
- Annual Tax Amount: $1,372
- Tax Year: 2024
- Lot: Level, Open Lot
- Directions: GPS
- Municipality: Atlantic City
- Lot Size: 0.14 Acres
- MLS Number: NJAC2017250
- MLS Name: BRIGHT
- Office Name: Keller Williams Hometown
- Office Phone: (856) 241-4343
- Office Email: sold@rickeber.com
- Listing Agent: Kelli A Ciancaglini
- Agent Phone: (856) 522-3200
- Agent Email: kellic.realtor@gmail.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 6:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$159,000
1207 Belmont Ter
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $38,500 | $1,372 |
| 2022 | $38,500 | $1,501 |
| 2021 | $38,500 | $1,501 |
| 2020 | $38,500 | $1,514 |
| 2019 | $35,000 | $1,394 |
History based on county public records data.
Nearby schools
3
Brighton Avenue School
Public District PK-5
0.3 mi
•30 N Brighton Ave
8
Ventnor Elementary School
Public District PK-4
2.9 mi
•400 N Lafayette Ave
9
William H. Ross III Elementary School
Public District PK-4
3.5 mi
•101 N Haverford Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,889. Typical income of Atlantic City, NJ residents is less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
63%
<35k
32%
35k-100k
5%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
64%
Single, No Kids
7%
Single, with Kids
19%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
4%
12-17 yrs old
25%
18-34 yrs old
45%
35-64 yrs old
15%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
UFC- Pro Boxing
Where do the neighbors shop?
Chico's
Family Dollar
Burlington
Where do the neighbors go to eat?
Bob Evans
Burger King
Popeyes
What do the neighbors drive?
Oldsmobile
Buick
Dodge
What do the neighbors listen to?
News
Urban Contemporary
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1207 Belmont Ter
The listing price of 1207 Belmont Ter property is $159,000.
The property 1207 Belmont Ter is land located in Atlantic City, New Jersey, 08401.
Active Listing: 1207 Belmont Ter is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1207 Belmont Ter are: Brighton Avenue School (GreatSchools Rating 3/10), Ventnor Elementary School (GreatSchools Rating 8/10), William H. Ross III Elementary School (GreatSchools Rating 9/10), Texas Avenue School (GreatSchools Rating 2/10), Sovereign Avenue School (GreatSchools Rating 4/10), Dr. Martin Luther King Jr. School Complex (GreatSchools Rating 3/10), Atlantic City High School (GreatSchools Rating 2/10), Pleasantville High School (GreatSchools Rating 2/10), Mainland Regional High School (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $1,372 (source: MLS/based on county public records data).
The property 1207 Belmont Ter is 0.14 acres.
This home is located at 1207 Belmont Ter in Atlantic City, NJ and zip code 08401 in the Chelsea neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since February 23, 2025 and is currently priced at $159,000.
In May 2025, from all listings sold in Atlantic City, NJ there were more than 3 sold above asking price, over 15 sold below and more than 5 were sold right at the asked price. The inventory of homes for sale in Atlantic City, NJ between April and May 2025 increased by 9.8%. In May 2025 median list price was $246,000 and the average listing age was 95 days.
From Rocket Homes Real Estate and based on county public records data.