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123 S Berkley SquareAtlantic City, NJ 08401Price: $1,175,000

  • Price: $1,175,000
  • Est. Mortgage of $/month
  • 90 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.66% last updated on Jul 30, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,175,000List Price
  • 3,584Square Feet
Welcome to 123 S. Berkley Square - a legal triplex just steps from the beach in Atlantic City's sought-after Lower Chelsea neighborhood, bordering the Ventnor neighborhood. This is the kind of opportunity investors wait for. Beach block location, multiple income streams, and serious upside. Each unit offers its own unique appeal. The first floor features a spacious 2-bedroom, 1-bath layout with an established annual tenant already in place. The second floor is a bright and airy 2-bedroom, 2-bath unit, ready for immediate income optimization. Upstairs, the top-floor unit is a standout 4-bedroom, 2.5-bath space, currently with the first floor unit rented and 2 additional fully renovated units vacant. This offers the opportunity for an owner unit with 2 income producing rental units or a full 3 unit rental option. Whether renting seasonally or year-round, the combination of the valuable home makes sense. Upgrades include new kitchens and baths, hardwood flooring and recessed lighting in the upper units, new hardwood flooring What really sets this property apart is the lifestyle it delivers. Water views from nearly every level, multiple outdoor spaces including porches, decks, balconies, plus a rear patio for 3 season entertaining and spacious oversized light-filled rooms, coastal life-style feel that tenants and guests love. And the location? Just steps to one of the highly sought after stretches of beach and boardwalk on the South Jersey Coast. Lower Chelsea offers that perfect balance-close to everything Atlantic City has to offer, but tucked away in a more residential, upscale pocket. Whether you're looking to expand your portfolio, house hack, or own a high-performing shore investment, this one checks all the boxes. Some images have been virtually enhanced.
Listed by Philip R. Cavalcanto of Coldwell Banker Argus Real Estate

Driving Directions

Railey Vacations
Railey Vacations
Office: 301-387-2124
5 Vacation Way
McHenry, MD 21541

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More Info

Location Information

  • UsmAreaAtlantic City - Atlantic City

School Information

  • High School DistrictAtlantic City Schools
  • School District SourceListing Agent

Parking

  • Parking TypesAttached Garage
  • Total Garage And Parking Spaces2

Location

  • Address123 S Berkley Square
  • Building Number123
  • CountyAtlantic
  • DirectionsAtlantic Ave to Berkley SQ
  • IncorporatedcitynameAtlantic City
  • Living Area SourceAssessor
  • StateNJ
  • SubdivisionChelsea
  • TownAtlantic City
  • Zip08401

Interior

  • Interior FeaturesBuilt-Ins, Breakfast Area, Combination Dining/Living, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Floor Plan - Open, Floor Plan - Traditional, Upgraded Countertops, Recessed Lighting

Property Information

  • Area Total3,584
  • Area Total SourceAssessor
  • Below Grade Area Total SourceAssessor

Basic Information

  • Broker NameColdwell Banker Argus Real Estate
  • List Price$1,175,000
  • MLS Area MajorAtlantic City
  • MLS NumberNJAC2024416
  • MLS Property TypeResidential Income
  • Price Per Square Foot328
  • StatusACT
  • Units3

Basic Information

  • Date Listed05/06/2026

Property

  • Acreage0.07
  • Lot Dimensions SourceAssessor
  • Lot Size Dimensions39.00 x 82.50
  • Lot Size SourceAssessor
  • Lot Size Square Feet3,219
  • New Construction YNN
  • Number Of Units Leased1
  • Number Of Units Vacant2
  • Property SubTypeTriplex
  • ZoningR-2

Exterior

  • Exterior FeaturesStreet Lights, Sidewalks, Exterior Lighting
  • Patio And Porch FeaturesPorch(es), Patio(s), Balcony, Deck(s)

Amenities

  • Other AmenitiesWater View
  • PoolNo Pool

Other

  • Appliances Included
    • Dishwasher
    • Dryer
    • Microwave
    • Oven/Range - Electric
    • Oven/Range - Gas
    • Refrigerator
    • Stove
    • Washer
  • Other UnitsUnit 3
  • View Count1

Tax Information

  • Assessment Year2025
  • City Town Tax Payment FrequencyAnnually
  • County Tax Payment FrequencyAnnually
  • Tax Assessment Amount$421,200
  • Tax Lot14
  • Tax Total Finished Sq Ft3,584
  • Tax Year2025
  • Taxes$14,236
  • Total Taxes Payment FrequencyAnnually

Building

  • Construction MaterialsFrame
  • FoundationSlab
  • GarageYes
  • Garage Spaces2
  • Garage TypeGarage - Front Entry, Inside Access
  • Num Attached Garage Spaces2
  • Property StyleTransitional
  • Square Feet3,584
  • Stories4
  • Structure Design TypeDetached
  • Two Bedroom Units2
  • Year Built1910

Utilities

  • Central Air YNYes
  • CoolingCentral A/C
  • Cooling FuelElectric
  • Heat SystemForced Air
  • Heating FuelNatural Gas
  • Heating YNYes
  • SewerPublic Sewer
  • Water HeaterNatural Gas
  • Water SourcePublic

Copyright 2026 BRIGHT, All Rights Reserved.  Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Railey Vacations participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.Data last updated August 3, 2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.

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