usm white logo

123 S Berkley SquareAtlantic City, NJ 08401Price: $1,150,000

  • Price: $1,150,000
  • Est. Mortgage of $/month
  • 131 Days on Market
$
$
%
$/month over payments
Federal 30-year interest rate: 6.76% last updated on Sep 10, 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.
  • $1,150,000List Price
  • 3,584Square Feet
Welcome to 123 S. Berkley Square - a legal triplex on the beach block in Atlantic City's Lower Chelsea neighborhood, bordering Ventnor. This is the kind of opportunity investors wait for: beach block location, immediate income, and room to grow it further. The 1st floor is a 2-bedroom, 1-bath unit occupied by an established annual tenant at $1,850/month. The 2nd floor is a bright 2-bedroom, 2-bath unit, fully renovated and vacant, available for immediate occupancy. The top floor is a standout 4-bedroom, 2.5-bath unit, also fully renovated and vacant, available for immediate occupancy. This gives a buyer three paths: a full three-unit rental, an owner-occupied top unit with two income-producing rentals below, or a seasonal/year-round mix. Upgrades include new kitchens and baths, hardwood flooring throughout the upper units, and recessed lighting. Water views are visible from nearly every level, and the home offers multiple outdoor spaces - porches, decks, balconies, and a rear patio for three-season entertaining - along with oversized, light-filled rooms throughout. The location is just steps to one of the most sought-after stretches of beach and boardwalk on the South Jersey Coast, with Lower Chelsea offering a quieter, more residential pocket while staying close to everything Atlantic City has to offer. Whether you're expanding a portfolio, house hacking, or buying a shore investment that already cash-flows, this one checks the boxes. Some images have been virtually staged.
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

Ask A Question

Do not fill in this field:

I agree to receive marketing and customer service calls and text messages from Railey Vacations. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

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$1,150,000
  • MLS Area MajorAtlantic City
  • MLS NumberNJAC2024416
  • MLS Property TypeResidential Income
  • Price Per Square Foot321
  • 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 1, Unit 3
  • View Count5

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 September 14, 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.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

I agree to receive marketing and customer service calls and text messages from Railey Vacations. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Hi there! How can we help you?

Contact us using the form below or give us a call.

Send Us A Message:

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

$

Do not fill in this field:

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.