Rivera Realty

1216 BELMONT TER, ATLANTIC CITY, NJ 08401

1216 BELMONT TER, ATLANTIC CITY, NJ 08401

$129,000

Type: Lots / Land
Listing Courtesy of: Keller Williams Hometown (856) 241-4343
Request Information
??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.
Listing Courtesy of: Keller Williams Hometown (856) 241-4343
Property Features
Location Information
County: ATLANTIC-NJ
Municipality: ATLANTIC CITY
Cross Street: Mediterranean Ave
Latitude: 39.3673
Longitude: -74.42912
MLS Area: Atlantic City (20102)
Directions: GPS
Exterior Features
Septic or Sewer: Public Hook/Up Avail
Has Garage: No
Lot Features: Level, Not In Development, Open, Premium, Road Frontage
Lot Size in Acres: 0.01
Lot Size in Sq. Ft.: 627
Dimensions: 14.22 x 44.00
Present Use: Land/Lot Only
Zoning: RM-2
Has Waterfront: No
Has Water Access: No
View Description: City, Street
School
School District: ATLANTIC CITY SCHOOLS
Additional Information
ListDate: 2025-02-23 00:00:00.0
Possession: Settlement
Property Type: LL
Property SubType: Land
Year Built: 0
Status: Active
Tax Year: 2024
Tax Amount: $0
Ownership Interest: Fee Simple


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Interest Rate
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at April 20, 2025, 7:17 AM ET