1616 Pacific Avenue

1616 Pacific Avenue

Atlantic City, NJ 08401

$10,900,000
Price
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Beds
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per Sq. Ft.
a view of entryway
a view of a swimming pool with a chairs in a patio
a view of a balcony with furniture
a dining room with furniture and window
a large living room with stainless steel appliances kitchen island granite countertop a large counter top and couch
a kitchen with stainless steel appliances granite countertop a sink stove and refrigerator
a kitchen with stainless steel appliances granite countertop a sink and cabinets
a view of a room with furniture and chandelier
a kitchen with stainless steel appliances granite countertop a sink stove and microwave
a kitchen with granite countertop a stove top oven and cabinets
a front view of a building with glass windows
a view of a entryway door of the house
a living room with furniture a couch and paintings on the wall
a bedroom with bed and window
a outdoor space with lots of furniture and a fireplace
a bedroom with furniture and large windows
a living room with furniture a rug and white walls
a living room with stainless steel appliances kitchen island granite countertop a sink and cabinets
a living room with furniture a rug and a chandelier
a living room with furniture a fireplace and a flat screen tv
a living room with furniture and a fireplace
a living room with furniture a flat screen tv and a floor to ceiling window
a living room with fireplace furniture and a book shelf
a living room with furniture and a large window
a living room with furniture a couch and large windows
a view of a balcony
a living room with furniture and a wooden floor
a view of a entryway door of the house
a living room with furniture and a fireplace
a living room with furniture and floor to ceiling windows
a living room with furniture a table and large windows
a bedroom with a bed and wooden floor
a living room with furniture and a fireplace
a living room with furniture and a fireplace
a bathroom with a sink and a mirror
a view of a water fountain in front of retail shop
a view of a swimming pool with sitting area
a view of a pathway along the building
a dining room with furniture and a book shelf
a living room with furniture and a fireplace
a dining room with furniture a chandelier and wooden floor
a living room with furniture a window and a potted plant
a living room with furniture and wooden floor
a living room with furniture a dining table and a large window with wooden floor
a living room with furniture and a potted plant
a view of a building with potted plants
a view of a patio with table and chairs
a view of a patio with table and chairs with wooden floor
a picture of a floor plan
a black and white photo of a living room

Description

Welcome to "Casa De Cielo", this is an incredible opportunity where you can OWN YOUR OWN HIGH-RISE, located BEACH BLOCK in the heart of Atlantic City! Unlike anything else, the Schultz-Hill Foundation Professional Arts Building offers a timeless style of architecture mixed with modern conveniences and houses a residential living area along with income producing rental office spaces. Walk into the elegant lobby to find office suites that make up the first 6 floors that can be rented out and bring...Welcome to "Casa De Cielo", this is an incredible opportunity where you can OWN YOUR OWN HIGH-RISE, located BEACH BLOCK in the heart of Atlantic City! Unlike anything else, the Schultz-Hill Foundation Professional Arts Building offers a timeless style of architecture mixed with modern conveniences and houses a residential living area along with income producing rental office spaces. Walk into the elegant lobby to find office suites that make up the first 6 floors that can be rented out and bring in income. There are also 36 high tech security cameras that span the perimeter and inside of the building along with swipe cards to access the property. The ground floor has a 3 car garage. The 7th and 8th floors have been converted into residential living spaces including a grand staircase with an enormous window with city views, a glass dome, living room and a formal dining room complete with a 4200 strand crystal chandelier and seating for 30 people. You will also find a massive catering kitchen and wine room and private theatre along with an indoor swimming pool, sauna, massage room and gym! The penthouse includes the master bedroom and bathroom, a private living room, kitchen and breakfast nook. There are 3 high speed elevators, one for commercial use and the others are for private residential use. You will also find 4 additional suites complete with a bedroom, small private kitchen and bathroom, perfect for guests! The 9th floor rooftop was converted into a place fit for entertaining complete with an outdoor patio with seating area, a full indoor kitchen, bathroom, grill, 2 fire places, a hot tub and garden area! There is also a sundeck on top of the 9th floor living area with 360 degree views overlooking the city, ocean and beach! Words can't describe this property, you have to see it for yourself! Schedule a showing today!
  1. Listed by PAULA HARTMAN • BHHS FOX and ROACH-Margate
  2. Listed by TODD GORDON • BHHS FOX and ROACH-Margate III

Property Details for 1616 Pacific Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
None
Waterfront (Y/N)
No

Location

Listing Courtesy of BHHS FOX and ROACH-Margate; BHHS FOX and ROACH-Margate III
Add your commute
LISTING UPDATED: 04/25/2024 11:53 AM

Property Details for 1616 Pacific Avenue

StatusActive
MLS #579764
Days on Market164
Taxes$81,341 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / 4 - 10 Units
Year Built-
Lot Size0.13 AC / 5,775 SF
CountyAtlantic County

Location

Listing Courtesy of BHHS FOX and ROACH-Margate; BHHS FOX and ROACH-Margate III
Add your commute

Building Information for 1616 Pacific Avenue

Stories-Residences5Year Built-Building Size-Lot Size0.13 AC / 5,775 SF

Payment Calculator

$66,264 per month

30 year fixed, 7.25% Interest

Principal and Interest

$59,486

Property Taxes

$6,778

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1616 Pacific Avenue

Summary
Location and General Information
  • Address: 1616 Pacific Ave
  • Address Number: 1616
  • Address Search Number: 1616
  • Address Street: Pacific
  • Area: Atlantic City
  • County: Atlantic
  • Directions: /
  • Fips Code: 34001
  • Location: Beach Block, Corner, Boardwalk Area
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Parking
  • Garage: Three or More Cars
Taxes and HOA Information
  • LVT Date: 11-16-2023
  • Tax Year: 2022
  • Taxes: 81341
Property
Lot Information
  • Approved Short Sale?: No
  • Block #: 48.01
  • Lot #: 5
  • Lot Dimensions: 38.5x150
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 1
  • Doc Timestamp: 11-24-2023
  • New Construction: No
  • Total Assessment: 2153600
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Driveway: Concrete
  • Outside Features: Curbs, Sidewalks
  • Siding/Exterior: Brick
Interior Features
  • Air Conditioning: Central
  • Appliances: Dishwasher, Gas Stove, Intercom, Microwave, Refrigerator, Self Cleaning Oven
  • Heating: Forced Air
  • Other Rooms: Den/TV Room, Dining Room, Kitchen, Library/Study, Living Room
Multi Family
Multi-Family Information
  • Annual Taxes: 81341
  • Limited Service (Y/N): No
  • Number Of Units: 5
  • Rental Information: See Remarks
  • Suitable For: Condo Conversion, Multi Family + Rooms, Other (See Remarks)

Property History for 1616 Pacific Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1616 Pacific Avenue

Taxable ValueLand$114,000Additions$2,039,600Total$2,153,600
Tax Record2022$81,341 ($6,778 / month)
Home Facts
Total Finished SqFt44,366 SqFtAbove Grade Finished SqFt44,366 SqFtLot Size5,776 SqFtStyleMiscellaneous CommercialYear Built1928ZoningRS-CCountyATLANTICAPN02 00048- 01-00005

Schools near 1616 Pacific Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
New York Avenue School
Public - PK to 8
Atlantic City High School
Public - 9 to 12
Our Lady Star Of The Sea Regional
Private - PK to 8
Rating
School
Distance
New York Avenue School
PublicPK to 8

Atlantic City High School
Public9 to 12

Our Lady Star Of The Sea Regional
PrivatePK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1616 Pacific Avenue, Atlantic City, NJ 08401

1616 Pacific Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on November 16, 2023 by BHHS FOX and ROACH-Margate, it's currently listed at $10,900,000. It has been on the market for a total of 164 days and was last sold on October 25, 2004. This listing's school district is Atlantic City Public School District. Nearby schools include New York Avenue School, Atlantic City High School and Our Lady Star Of The Sea Regional. 1616 Pacific Avenue is a 0-bed, 0-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS FOX and ROACH-Margate; BHHS FOX and ROACH-Margate III

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.