#595958, Listing office: BHHS DIVERSIFIED REALTY
Property details
About 36 N Florida Ave
Income-Producing Triplex – $499,000 Investor special or perfect house-hack opportunity! Welcome to 36 N Florida Ave, a spacious triplex in the heart of Atlantic City offering immediate income and long-term upside. This property features: Two 2-Bedroom, 1-Bath Units – both currently rented at $1,700/month, bringing in $3,400/month combined. One 4-Bedroom, 1-Bath Unit – currently vacant, with conservative rental potential of $2,200/month. That’s a total gross rental potential of $5,600/month or $67,200/year once fully occupied. Live in the vacant 4-bedroom unit and offset your mortgage with $3,400/month in rental income from the other two units — or rent all three for strong cashflow in a growing market. Property is being sold strictly AS-IS, with the buyer responsible for the Certificate of Occupancy and all municipal requirements. With a listing price of just $499,000, this is a rare chance to secure a triplex with solid income, value-add potential, and a path to long-term wealth. Located just minutes from the beach, boardwalk, casinos, and public transportation, this property checks all the boxes for investors and owner-occupants alike. Don’t miss your shot at owning a high-yield asset in one of Atlantic City’s most promising neighborhoods. Book your appointment today!
Highlights
Home typeTriplex
HeatingNatural Gas, Radiant
StatusActive
BasementYes
ParkingCarport
MLS #598471
Garage1 space
Summary
- Basement: Yes
- Garage Space: 1 space
- Parking: Carport
- Exterior: Curbs, Deck, Fenced Yard, Porch, Sidewalks
- Heating: Natural Gas, Radiant
- List Price: $499,000
- Annual Tax Amount: $8,231
- Tax Year: 2024
- Lot: Curbs, Fencing, Sidewalk
- Directions: Atlantic Ave to North on Florida, blue 4story house with porches
- MLS Number: 598471
- Office Name: MARCHESE REAL ESTATE, LLC
- Office Phone: (609) 241-5141
- Office Email: Info@Marcheseteam.com
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2025 SJSR MLS. All rights reserved.
The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/23/2025, 4:45:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 16, 2023 | Home Sold | $250,000 |
| Jun 22, 2020 | Home Sold | $75,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $230,900 | $8,231 |
| 2022 | $230,900 | $9,007 |
| 2021 | $230,900 | $9,007 |
| 2020 | $230,900 | $9,083 |
| 2019 | $274,900 | $10,952 |
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
3.1 mi
•400 N Lafayette Ave
9
William H. Ross III Elementary School
Public District PK-4
3.7 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 $26,742. Residents of Atlantic City, NJ typically earn less than $<35k each year. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
60%
<35k
31%
35k-100k
8%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
37%
Single, No Kids
20%
Single, with Kids
13%
Married, No Kids
30%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
8%
12-17 yrs old
31%
18-34 yrs old
34%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Continuing Education Courses
Soccer
Where do the neighbors shop?
Burlington
Express/Express For Men
Forever 21
Where do the neighbors go to eat?
Popeyes
Qdoba
Dominos Pizza
What do the neighbors drive?
Dodge
Volkswagen
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 36 N Florida Ave
The listing price of 36 N Florida Ave property is $499,000.
The property 36 N Florida Ave is a multi located in Atlantic City, New Jersey, 08401.
Active Listing: 36 N Florida Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 36 N Florida Ave 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 $8,231 (source: MLS/based on county public records data).
The last sale was on May 16, 2023 for $250,000 (source: MLS/tax record).
This home is located at 36 N Florida Ave in Atlantic City, NJ and zip code 08401 in the Chelsea neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 21, 2025 and is currently priced at $499,000.
Atlantic City, NJ housing market in June 2025 saw over 0 listings sold above listed price, more than 3 sold at listed price and over 20 sold below. In June 2025 in Atlantic City, NJ there were 4.3% more homes for sale than in May. While the average time on the market in June 2025 was 83 days, the median list price was $240,000.
From Rocket Homes Real Estate and based on county public records data.