A rare opportunity to acquire an entire new construction waterfront development on Absecon Island. Located at 239 N. Arizona Avenue, this six-unit bayfront property consists of three buildings with a total of 18 bedrooms, 12 bathrooms, six private decks with panoramic open-water views, 12 garage parking spaces, additional off-street parking, four deep-water boat slips, a brand-new dock system, and a new bulkhead. Just moments from Atlantic City's casinos, beaches, boardwalk, dining, and entertainment, the property offers exceptional flexibility as a luxury investment portfolio, family compound, or waterfront retreat. A rare condominium opportunity where Airbnb and VRBO rentals are permitted, owners can capitalize on strong vacation rental demand while benefiting from favorable rental projections and a valuable five-year tax abatement. Beyond vacation rentals, the property's flexible six-unit layout lends itself to corporate retreats, executive housing, and extended-stay accommodations. Scheduled for completion in Summer 2026, with anticipated delivery on or about August 1, 2026, purchasers have a unique opportunity to secure a nearly completed new construction waterfront asset without the uncertainty and extended timelines often associated with ground-up development. As Atlantic City continues to experience significant public and private investment, new residential development, infrastructure improvements, and ongoing growth along the waterfront, opportunities to acquire newly constructed bayfront properties of this scale, quality, and versatility are becoming increasingly limited. Combining new construction, deep-water boating access, extraordinary bay views, and multiple ownership and income strategies, 239 N. Arizona Avenue represents one of the most unique waterfront opportunities currently available on the Jersey Shore.
New construction
$3,200,000
239 N Arizona Ave, Atlantic City, NJ 08401
18beds
12baths
8,100sqft
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$395/sqft
$-- HOA
What's special
Bayfront propertyBrand-new dock systemAdditional off-street parkingFour deep-water boat slipsDeep-water boating accessNew bulkheadExtraordinary bay views
- 2 days |
- 150 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
ERIC MILLSTEIN 609-892-9947,
Soleil Sotheby's International Realty - A
Source: SJSRMLS,MLS#: 608919
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 12
Rooms
- Room types: Dining Area, Laundry
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Disposal, Dishwasher, Dryer, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven, Washer
Features
- Eat-in Kitchen
- Has basement: No
- Attic: Storage
- Has fireplace: No
Interior area
- Total structure area: 8,100
- Total interior livable area: 8,100 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage
- Garage spaces: 2
Features
- Patio & porch: Deck
- Exterior features: Boat Slip
- Has view: Yes
- View description: Bay, Water
- Has water view: Yes
- Water view: Water,Bay
- Waterfront features: Bay Front, Bulkheaded
- Frontage type: Bay/Harbor
Lot
- Dimensions: 75 x 118 x 78 x 137
Details
- Parcel number: 2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl
Condition
- New Construction
- New construction: Yes
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Atlantic City
Financial & listing details
- Price per square foot: $395/sqft
- Date on market: 6/15/2026
- Date available: 06/15/2026
- Road surface type: Sidewalks
Estimated market value
Not available
Estimated sales range
Not available
$1,791/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/15/2026 | Listed for sale | $3,200,000+166.7%$395/sqft |
Source: | ||
| 5/28/2026 | Listing removed | $1,200,000$148/sqft |
Source: | ||
| 3/6/2026 | Listed for sale | $1,200,000+71.7%$148/sqft |
Source: | ||
| 1/10/2026 | Listing removed | $699,000$86/sqft |
Source: | ||
| 10/30/2025 | Listed for sale | $699,000$86/sqft |
Source: | ||
| 10/21/2025 | Listing removed | $699,000$86/sqft |
Source: | ||
| 8/20/2025 | Listed for sale | $699,000+273.8%$86/sqft |
Source: | ||
| 6/7/2023 | Sold | $187,000-35.3%$23/sqft |
Source: | ||
| 3/24/2022 | Listed for sale | $289,000$36/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 08401
Nearby schools
GreatSchools rating
- 4/10Texas Avenue Elementary SchoolGrades: K-8Distance: 0.2 mi
- 1/10Atlantic City High SchoolGrades: 9-12Distance: 1.7 mi
A local agent can set up tours, give advice and negotiate with sellers.
- New Jersey
- Atlantic County
- Atlantic City
- 08401
- 239 N Arizona Ave
