OT: Atlantic City Real Estate

[dconifer]

Since you NJ natives love to bash Atlantic City, this Maryland native/current Atlantic City resident wants to let you know we ain't dead yet.

The house next door to me in the Chelsea section went on the market earlier this week. It's been like Grand Central Station over there. It's going to sell for a lot of dough.

I don't care about the money; I'm not buying or selling. But in my opinion, this neighborhood has a good future. One chick from Center City Philadelphia who was checking it out told me she thought "this is the next hot spot."

Okay, bring it on, just wanted to share. I can't imagine this won't be deleted. I won't argue.

FYI, I know AC is far from perfect and has a ton of problems. It's not an accident that I kept my pad in Washington TWP, Gloucester County...

 

[Brisket and Bourbon]

“AC is far from perfect and has a ton of problems.”

No argument there!

 

[RUskoolie]

Real estate anywhere in the United States is hot right now. There is no inventory anywhere. That being said AC is an interesting market. Outside of working at a casino I don't know what industry supports that area but I truthfully don't know much about it.

 

[RUDeac]

@KK1827 any opinion on AC?

 

[daveo13]

North section is a bit sketchy, Ducktown section, where the outlets are, is a better area. Closer you get to Ventnor it gets better

 

[KK1827]

@KK1827 any opinion on AC?

I am the wrong person to ask on AC. I have no knowledge of the market.

 

[T2Kplus20]

Since you NJ natives love to bash Atlantic City, this Maryland native/current Atlantic City resident wants to let you know we ain't dead yet.

The house next door to me in the Chelsea section went on the market earlier this week. It's been like Grand Central Station over there. It's going to sell for a lot of dough.

I don't care about the money; I'm not buying or selling. But in my opinion, this neighborhood has a good future. One chick from Center City Philadelphia who was checking it out told me she thought "this is the next hot spot."

Okay, bring it on, just wanted to share. I can't imagine this won't be deleted. I won't argue.

FYI, I know AC is far from perfect and has a ton of problems. It's not an accident that I kept my pad in Washington TWP, Gloucester County...

LOL at this thread.

 

[T2Kplus20]

“AC is far from perfect and has a ton of problems.”

No argument there!

And crime is one of them. Based on FBI stats:

ATLANTIC CITY CRIME DATA​

TOTAL CRIME INDEX​

0​

(100 is safest)

---

Safer than 0% of U.S. neighborhoods.

Atlantic City Annual Crimes​

	Violent	Property	Total
Number of Crimes	651	3,093	3,744
Crime Rate (per 1,000 residents)	16.88	80.21	97.09

Yikes!

Atlantic City, 08401 Crime Rates and Crime Statistics - NeighborhoodScout

Most accurate 2021 crime rates for Atlantic City, NJ. Your chance of being a victim of violent crime in Atlantic City is 1 in 59 and property crime is 1 in 12. Compare Atlantic City crime data to other cities, states, and neighborhoods in the U.S. on NeighborhoodScout.

www.neighborhoodscout.com

 

[Brisket and Bourbon]

And crime is one of them. Based on FBI stats:

ATLANTIC CITY CRIME DATA​

TOTAL CRIME INDEX​

0​

(100 is safest)

---

Safer than 0% of U.S. neighborhoods.

Atlantic City Annual Crimes​

	Violent	Property	Total
Number of Crimes	651	3,093	3,744
Crime Rate (per 1,000 residents)	16.88	80.21	97.09

Yikes!

Atlantic City, 08401 Crime Rates and Crime Statistics - NeighborhoodScout

Most accurate 2021 crime rates for Atlantic City, NJ. Your chance of being a victim of violent crime in Atlantic City is 1 in 59 and property crime is 1 in 12. Compare Atlantic City crime data to other cities, states, and neighborhoods in the U.S. on NeighborhoodScout.

www.neighborhoodscout.com

Yikes indeed!

I’m assuming said real estate boom is code for the moving in and gentrification of previously low income, minority area with higher income, white, probably childless couples and gays. I mean gays helped turn AP into something far better than what was there when I lived in Monmouth. Granted…AC is much messier, bigger mess than AP ever was…

Good luck…AC deserves a renaissance.

 

[BeantownKnight]

Rents around Park Place are going for $350 from what I understand.

 

[koleszar]

Since you NJ natives love to bash Atlantic City, this Maryland native/current Atlantic City resident wants to let you know we ain't dead yet.

The house next door to me in the Chelsea section went on the market earlier this week. It's been like Grand Central Station over there. It's going to sell for a lot of dough.

I don't care about the money; I'm not buying or selling. But in my opinion, this neighborhood has a good future. One chick from Center City Philadelphia who was checking it out told me she thought "this is the next hot spot."

Okay, bring it on, just wanted to share. I can't imagine this won't be deleted. I won't argue.

FYI, I know AC is far from perfect and has a ton of problems. It's not an accident that I kept my pad in Washington TWP, Gloucester County...

You need the Gays to move in. Not the lesbians(they're cheap) but the Gays. I'm serious, those guys spend and like nice stuff. They will gentrify any area. I worked for a lot of them in Asbury Park. It wasn't some Government policy or program it was those guys who brought a large part of that town back from the crack zombies. Once they're in and fix it up, then family's move back in.

 

[newell138]

It happened to AP although it took decades but it could. If you think of what AC has to offer it’s a shame it is what it is. Like RU athletics it’s the sleeping giant

 

[LETSGORU91]

I don't care about the money; I'm not buying or selling. But in my opinion, this neighborhood has a good future. One chick from Center City Philadelphia who was checking it out told me she thought "this is the next hot spot."

Thank you so much. I just put a bid on four properties because of that one chick. I hope it works out well...

 

[newell138]

Since you NJ natives love to bash Atlantic City, this Maryland native/current Atlantic City resident wants to let you know we ain't dead yet.

The house next door to me in the Chelsea section went on the market earlier this week. It's been like Grand Central Station over there. It's going to sell for a lot of dough.

I don't care about the money; I'm not buying or selling. But in my opinion, this neighborhood has a good future. One chick from Center City Philadelphia who was checking it out told me she thought "this is the next hot spot."

Okay, bring it on, just wanted to share. I can't imagine this won't be deleted. I won't argue.

FYI, I know AC is far from perfect and has a ton of problems. It's not an accident that I kept my pad in Washington TWP, Gloucester County...

Chelsea is where any rebound of AC will start. Stockton growing in that area will help. Need to do something with that abandoned casino right there though. It’s creepy AF when I walk by there. I guarantee some homeless are living up in that thing

 

[Plum Street]

You need the Gays to move in. Not the lesbians(they're cheap) but the Gays. I'm serious, those guys spend and like nice stuff. They will gentrify any area. I worked for a lot of them in Asbury Park. It wasn't some Government policy or program it was those guys who brought a large part of that town back from the crack zombies. Once they're in and fix it up, then family's move back in.

Not pc. But true . Why is it though ? Most nj communities or property values are tied to the school system or great location (like Hoboken, JC). . Does that group just not care about schools?
Yes, you’re right . That’s what happpned in AP.

 

[ruinac]

Chelsea is where any rebound of AC will start. Stockton growing in that area will help. Need to do something with that abandoned casino right there though. It’s creepy AF when I walk by there. I guarantee some homeless are living up in that thing

It needs to get torn down. Nobody wants to repair or upgrade it. There are too many issues.

3400 Pacific Avenue - Atlantic Club / Original Golden Nugget - North Tower | Garay Real Estate

Garay Real Estate works with buyers and sellers to sell and purchase real estate properties in New York, New Jersey, and Connecticut.

garayrealestate.com

 

[T2Kplus20]

Yikes indeed!

I’m assuming said real estate boom is code for the moving in and gentrification of previously low income, minority area with higher income, white, probably childless couples and gays. I mean gays helped turn AP into something far better than what was there when I lived in Monmouth. Granted…AC is much messier, bigger mess than AP ever was…

Good luck…AC deserves a renaissance.

With all of AC's advantages, it should be a gem for the state. However, decades of awful/criminal leadership have consequences. Christie and Sweeney gave it an honest attempt to turn it around, but the city's finances were too far gone. It also didn't help that regional casino competition severely impacted AC (and they were completely unprepared for some crazy reason).

Gambling, casinos, beach. Good grief, only in NJ can a sure thing be screwed up so badly.

 

[newell138]

It needs to get torn down. Nobody wants to repair or upgrade it. There are too many issues.

3400 Pacific Avenue - Atlantic Club / Original Golden Nugget - North Tower | Garay Real Estate

Garay Real Estate works with buyers and sellers to sell and purchase real estate properties in New York, New Jersey, and Connecticut.

garayrealestate.com

I stayed in there when it was the Atlantic and the rooms were actually very nice but the outside is falling apart. Trees growing on the roof somehow now

 

[Brisket and Bourbon]

With all of AC's advantages, it should be a gem for the state. However, decades of awful/criminal leadership have consequences. Christie and Sweeney gave it an honestly attempt to turn it around, but the city's finances were too far gone. It also didn't help that regional casino competition severely impacted AC (and they were completely unprepared for some crazy reason).

Gambling, casinos, beach. Good grief, only in NJ can a sure thing be screwed up so badly.

AC really should be a gem…like “the” go-to place in NJ…like Vegas but better…

 

[Vlife]

One chick from Center City Philadelphia who was checking it out...

TTIWWP

 

[ruinac]

With all of AC's advantages, it should be a gem for the state. However, decades of awful/criminal leadership have consequences. Christie and Sweeney gave it an honest attempt to turn it around, but the city's finances were too far gone. It also didn't help that regional casino competition severely impacted AC (and they were completely unprepared for some crazy reason).

Gambling, casinos, beach. Good grief, only in NJ can a sure thing be screwed up so badly.

You left out the failures of the casino owners to reinvest in their properties and the city. One in particular stands out.

 

[T2Kplus20]

You left out the failures of the casino owners to reinvest in their properties and the city. One in particular stands out.

Absolutely. All that should have been part of the deal when getting city approval to build casinos. I believe there was a book about AC that talked about how local officials took graft from casino owners and looked the other way (ignored maintenance and community investment). The greed of business owners needed to be mitigated by strong local leadership.

 

[newell138]

Absolutely. All that should have been part of the deal when getting city approval to build casinos. I believe there was a book about AC that talked about how local officials took graft from casino owners and looked the other way (ignored maintenance and community investment). The greed of business owners needed to be mitigated by strong local leadership.

The state was also siphoning every penny they could to pay for their pet projects around the state instead of reinvesting it to try and clean up the mess that it is

 

[T2Kplus20]

The state was also siphoning every penny they could to pay for their pet projects around the state instead of reinvesting it to try and clean up the mess that it is

Good point. Crooked Trenton is always involved in NJ problems.

 

[rutgersal]

With all of AC's advantages, it should be a gem for the state. However, decades of awful/criminal leadership have consequences. Christie and Sweeney gave it an honest attempt to turn it around, but the city's finances were too far gone. It also didn't help that regional casino competition severely impacted AC (and they were completely unprepared for some crazy reason).

Gambling, casinos, beach. Good grief, only in NJ can a sure thing be screwed up so badly.

Atlantic City is 100 times better than it was 10 years ago. It’s not where it needs to be, but progress, is being made, though slowly. OP is right. AC is a good value for the money and a fun place for the weekend.

 

[NotInRHouse]

Not pc. But true . Why is it though ? Most nj communities or property values are tied to the school system or great location (like Hoboken, JC). . Does that group just not care about schools?
Yes, you’re right . That’s what happpned in AP.

Asbury is a good location. With the lakes it's actually a little prettier in some ways than some of the other shore towns. It's closer to NYC/North Jersey. And it's infrastructure is better because it was once an urban area.

Also Monmouth County does have the magnet schools at the HS level and I have heard of parents moving to shore towns once their kids are acclemated.

But it is probably true that most people who live in Asbury are like JC/Hoboken people in that they are less worried about schools because they don't have or will move when they do. Here in Hudson we do have charters at the young age that have some popularity and good rankings. It's probably only Morristown where you have the intersection of good schools and nightlife. The other walkable towns like Westfield and Montclair are more family oriented.

 

[NotInRHouse]

Since you NJ natives love to bash Atlantic City, this Maryland native/current Atlantic City resident wants to let you know we ain't dead yet.

The house next door to me in the Chelsea section went on the market earlier this week. It's been like Grand Central Station over there. It's going to sell for a lot of dough.

I don't care about the money; I'm not buying or selling. But in my opinion, this neighborhood has a good future. One chick from Center City Philadelphia who was checking it out told me she thought "this is the next hot spot."

Okay, bring it on, just wanted to share. I can't imagine this won't be deleted. I won't argue.

FYI, I know AC is far from perfect and has a ton of problems. It's not an accident that I kept my pad in Washington TWP, Gloucester County...

AC is great. It's just a handful of people with several handles and lots of time that can't appreciate what NJ offers.

One of them said he was scared at Stuff Yer Face in New Brunswick and that Hoboken is "covered in glass." It's not the best people you could say.

 

[newell138]

Atlantic City is 100 times better than it was 10 years ago. It’s not where it needs to be, but progress, is being made, though slowly. OP is right. AC is a good value for the money and a fun place for the weekend.

It shouldn’t take 50 years. Every mayor has ended up in jail. Most recently a town council member was arrested and charged with ballot stuffing in the 2020 election. The spirit of Nucky Johnson is alive and well

 

[T2Kplus20]

It shouldn’t take 50 years. Every mayor has ended up in jail. Most recently a town council member was arrested and charged with ballot stuffing in the 2020 election. The spirit of Nucky Johnson is alive and well

+1
Residents need to take accountability. Stop voting for crooks.

 

[T2Kplus20]

Atlantic City is 100 times better than it was 10 years ago. It’s not where it needs to be, but progress, is being made, though slowly. OP is right. AC is a good value for the money and a fun place for the weekend.

Fun place for the weekend isn't the question here. It's living in AC and the QOL of residents. With the crime rate still being among the worst in the state, it's stupid to say it is "100 times better". Let's keep this a serious conversation. Thanks!

 

[Brisket and Bourbon]

Fun place for the weekend isn't the question here. It's living in AC and the QOL of residents. With the crime rate still being among the worst in the state, it's stupid to say it is "100 times better". Let's keep this a serious conversation. Thanks!

Coming from the Lombardi of posters I’m surprised you’re questioning it! 🤭

 

[DennisHajekRC84]

Since you NJ natives love to bash Atlantic City, this Maryland native/current Atlantic City resident wants to let you know we ain't dead yet.

The house next door to me in the Chelsea section went on the market earlier this week. It's been like Grand Central Station over there. It's going to sell for a lot of dough.

I don't care about the money; I'm not buying or selling. But in my opinion, this neighborhood has a good future. One chick from Center City Philadelphia who was checking it out told me she thought "this is the next hot spot."

Okay, bring it on, just wanted to share. I can't imagine this won't be deleted. I won't argue.

FYI, I know AC is far from perfect and has a ton of problems. It's not an accident that I kept my pad in Washington TWP, Gloucester County...

 

[rutgersal]

Fun place for the weekend isn't the question here. It's living in AC and the QOL of residents. With the crime rate still being among the worst in the state, it's stupid to say it is "100 times better". Let's keep this a serious conversation. Thanks!

Hard to speak seriously to someone who clearly doesn’t visit Atlantic City very often, because you’re afraid of crime.

People who live in the best parts of Atlantic City don’t worry about crime. Most of the crime happens in the worst parts of Atlantic City.

The area, that you come to after exiting the Atlantic City expressway is 100 times better than what it was. Talking about Tanger Outlets and Bass Pro Shops.

I don’t have a fun weekend. I have an extraordinarily fun weekend.

I go every 6 months, stay at The Atlantic City Sheraton, the Chelsea, or Tropicana.
I used to eat at Bobby Flay at Borgata, but now eat at Old Homestead in the same place. After dinner, I play Craps till 1-2 AM.

Wake up Sunday Morning and goto church.

Our Lady Star of the Sea Church – The Parish of Saint Monica

accatholic.org

Then I go get me a White House Sub

Sub Sandwiches, Burgers, Cheese Steaks, Catering, Delivery: Atlantic City, NJ

White House Subs is an Atlantic City staple. We've been making the best submarine sandwiches, cheese steaks, burgers & more since 1946! We cater & deliver!

whitehousesubshop.net

Then it’s off to my massage at the Tropicana.

Atlantic City Massages - Breathe... Salt Spa at Tropiciana Atlantic City

Our Massage services help you relax in our exceptional guest experience where we welcome you to your own personal vacation.

breathesaltspa.com

At some point, I will also check out the water park.

Island Waterpark at Showboat -

Experience some fun under the sun at Island Waterpark, an exciting waterpark located at the Showboat Hotel offering the perfect experience for families.

www.islandwaterparkac.com

I don’t think there is a more fun place to be in the general vicinity. I’ve had zero issues with crime.

 

[T2Kplus20]

Hard to speak seriously to someone who clearly doesn’t visit Atlantic City very often, because you’re afraid of crime.

People who live in the best parts of Atlantic City don’t worry about crime. Most of the crime happens in the worst parts of Atlantic City.

The area, that you come to after exiting the Atlantic City expressway is 100 times better than what it was. Talking about Tanger Outlets and Bass Pro Shops.

I don’t have a fun weekend. I have an extraordinarily fun weekend.

I go every 6 months, stay at The Atlantic City Sheraton, the Chelsea, or Tropicana.
I used to eat at Bobby Flay at Borgata, but now eat at Old Homestead in the same place. After dinner, I play Craps till 1-2 AM.

Wake up Sunday Morning and goto church.

Our Lady Star of the Sea Church – The Parish of Saint Monica

accatholic.org

Then I go get me a White House Sub

Sub Sandwiches, Burgers, Cheese Steaks, Catering, Delivery: Atlantic City, NJ

White House Subs is an Atlantic City staple. We've been making the best submarine sandwiches, cheese steaks, burgers & more since 1946! We cater & deliver!

whitehousesubshop.net

Then it’s off to my massage at the Tropicana.

Atlantic City Massages - Breathe... Salt Spa at Tropiciana Atlantic City

Our Massage services help you relax in our exceptional guest experience where we welcome you to your own personal vacation.

breathesaltspa.com

At some point, I will also check out the water park.

Island Waterpark at Showboat -

Experience some fun under the sun at Island Waterpark, an exciting waterpark located at the Showboat Hotel offering the perfect experience for families.

www.islandwaterparkac.com

I don’t think there is a more fun place to be in the general vicinity. I’ve had zero issues with crime.

If you live in AC, the chances of being a victim of a felony crime is 1 out of 12 in a given year. Nuff said.

 

[rutgersal]

If you live in AC, the chances of being a victim of a felony crime is 1 out of 12 in a given year. Nuff said.

That’s for all of Atlantic City. And the vast majority of crimes happen in the poorer parts of the city. If you live in the nice part of Atlantic City, the risk is there, but it is much, much less.

Back when George Street in New Brunswick was filled with crack houses, your chances of being assaulted were much, much greater than it is today, as they were cleared away. Same idea.

 

[NotInRHouse]

That’s for all of Atlantic City. And the vast majority of crimes happen in the poorer parts of the city. If you live in the nice part of Atlantic City, the risk is there, but it is much, much less.

Back when George Street in New Brunswick was filled with crack houses, your chances of being assaulted were much, much greater than it is today, as they were cleared away. Same idea.

You are wasting your time.

Do you really think someone who says Easton Ave and Hoboken are dangerous gets out much or has any knowledge about anything?

 

[ruinac]

If you live in AC, the chances of being a victim of a felony crime is 1 out of 12 in a given year. Nuff said.

AC has about 25 million visitors a year.

Crime rate "per capita" is distorted because the denominator is off.

 

[T2Kplus20]

AC has about 25 million visitors a year.

Crime rate "per capita" is distorted because the denominator is off.

This is true and a fair point, but residents and their property are a huge portion of the denominator since they are in AC essentially 365 days a year versus a weekend here and there. Visitors don't impact the math much.....but some. Unless a large portion of the crime is in the casinos, which I doubt is the case.

 

[toby83]

North section is a bit sketchy, Ducktown section, where the outlets are, is a better area. Closer you get to Ventnor it gets better

is White House Subs area considered Chelsea? i always thought three/four blocks south of that was "border" of Chelsea.

 

[toby83]

You need the Gays to move in. Not the lesbians(they're cheap) but the Gays. I'm serious, those guys spend and like nice stuff. They will gentrify any area. I worked for a lot of them in Asbury Park. It wasn't some Government policy or program it was those guys who brought a large part of that town back from the crack zombies. Once they're in and fix it up, then family's move back in.

i did a dive on this while back...they have been trying to promote the area to gays with similar game script to AP. advertising where they could, promoting events, etc

was always tempted to buy something small but never pulled trigger

Come 'Out and Sea' Atlantic City’s Chelsea neighborhood

The Chelsea Economic Development Corporation is inviting the LGBTQ community to “Come Out and Sea” Atlantic City’s Chelsea neighborhood.

outinjersey.net