445 E Absecon Blvd
Absecon, NJ 08201
Land For Sale · 14.62 AC

Marcus & Millichap is proud to present 14.62 acres with approximately 9 +/- acres for development. The property is located within 10 minutes of the continuously profitable casinos located in the marina area of Atlantic City. Via Route 30, or the White Horse Pike, the property is located four miles from Exit 40 on the Garden State Parkway. It is also located seven minutes from the Atlantic City Expressway and 10 minutes from the Atlantic City International Airport. The property is projected to support approximately 275 units or approximately 30 units/acre. Based on these estimates, the property is offered at $17,349 per unit. Absecon is a city in Atlantic County, New Jersey. According to the United States Census Bureau, Absecon had a total area of 7.292 square miles, including 5.396 square miles of land and 1.896 square miles of water. Renter occupied housing within a five mile radius of the property is 41.77%, demonstrating the strength of the rental market in the area. There are approximately 100,000 people, with an average household income of $61,046, within the same five mile radius.