In Atlantic City’s Lower Chelsea neighborhood, in the blocks around the new Stockton University campus, things are starting to change. Ocean City donut-and-coffee shop Drip n’ Scoop is moving in (at Ventnor and Bartram Aves). Directly across the street it seems as if something is going on behind the boards that shield the burnt-out shell of A&B Market (the city moved to foreclose on the owners of the property earlier this year). And at the corner of Raleigh Ave, a contractor working for an Egg Harbor Township-based dentist has painstakingly renovated the interior of a three-story building and reworked the surrounding stone steps and courtyard. The new outpost of Atlantic Smiles is coming soon, a sign says.
Mystery Buyer Nabs 101 S MLK, Best Western Gets $3 Mln Mortgage, Stockton Donor Buys Beach-Block Lots
Atlantic City’s real estate market has had a relatively busy spring so far. A shell company earlier this month spent $510,000 on an Atlantic City building that includes a Pacific Ave storefront and apartments, the Best Western has a new mortgage and a Stockton donor has acquired two beach-block lots from the Atlantic Club.