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MLS: #NJAC2024416, Listed By: Philip Cavalcanto, Coldwell Banker Argus Real Estate, Source:Bright MLS

123 S Berkley Square

ATLANTIC CITY, NJ 08401
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Bed 4

Bed

Bath 0

Bath

SqFt3,584

Sqft

Acres0.07

Acre(Lot)

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 fl ooring 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,150,000

AD Id : 78033978

MLS Id : NJAC2024416

Beds : 4

Lot Size : 0.07 Acre

Living Area Size : 3,584 Sq. Ft

Tax Amount : $14,236

Year Built : 1910

Garage : 2

County : ATLANTIC

Subdivision: Chelsea

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Feature Features

  • Bedroom Information

    Total beds: 4
  • Interior Features

    Ceiling Fan(s), Recessed Lighting, Built-in Features, Open Floorplan Appliances: Electric Range, Electric Oven, Gas Range, Gas Oven, Cooktop, Gas Water Heater, Dishwasher, Washer, Refrigerator, Microwave, Dryer
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Forced Air Has Cooling: Yes Cooling: Central Air, Ceiling Fan(s), Electric

  • Building Information

    Year Built: 1910 Building Area Total: 3584 Construction Materials: Frame Patio And Porch Features: Porch, Patio, Deck Pool Features: None Private Pool: No
  • Exterior Features

    Exterior Features: Balcony, Lighting

  • Lot Information

    Lot Dimensions: 39.00 x 82.50 Lot Size Acres: 0.07 Lot Size Source: Assessor Lot Size Square Feet: 3219

    Property Information

    Subdivision: CHELSEA Source Property Type: Residential Income Postal Code Plus 4: 5715 Property SubType: Triplex Property Age: 116

  • Listing Price Information

    Listing Price: $1150000

  • Tax Information

    Parcel Number: 02-00007-00014 Tax Lot: 00014 Tax Year: 2025 Annual Tax: $14236

  • Parking Information

    Parking Total: 2 Garage, Inside Entrance, Attached

    Garage Information

    Has Garage: Yes Has Attached Garage: Yes Garage Space: 2

  • Location Information

    Direction: Atlantic Ave to Berkley SQ WaterSource: Public
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ByOwner last updated this listing 09/17/2026 @ 20:42

MLS: NJAC2024416 LISTED BY: Philip Cavalcanto, Coldwell Banker Argus Real Estate 609-646-5001 SOURCE: Bright MLS

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