A 23-year-old man was arrested Saturday and charged with first-degree murder for stabbing another man to death on New Years Day in Atlantic City, according to Atlantic County prosecutors.

Officials say police received reports of a man with multiple stab wounds on Michigan Avenue near the boardwalk. They say Gavin Guzman, of Atlantic City, is accused of fatally stabbing Nazir Citron, 22, in the chest.

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Guzman is being held at the Atlantic County Justice Facility.

The investigation is ongoing. Anyone with information should call the Atlantic County Prosecutor's Office Major Crime Unit at 609-909-7666.