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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 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 f ull 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,200,000

AD Id : 78033978

MLS Id : NJAC2024416

Beds : 4

Lot Size : 0.07 Acre

Living Area Size : 3,584

Year Built : 1910

Garage : 2

County : ATLANTIC

Subdivision: Chelsea

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Map

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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: $1200000

  • 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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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
111 Oriental Ave, Atlantic City, NJ, 08401 $799,000 -- -- 4,620 4,620 SqFt
205 S Vermont Ave, Atlantic City, NJ, 08401 $545,000 6 -- 2,312 2,312 SqFt
104 S Massachusetts Ave, Atlantic City, NJ, 08401 $799,000 -- -- 2,688 2,688 SqFt
711 Adriatic Ave, Atlantic City, NJ, 08401 $309,900 5 -- --
1013 Arctic, Atlantic City, NJ, 08401 $235,000 -- -- --
711 Adriatic Avenue, Atlantic City, NJ, 08401 $309,900 5 -- 1,980 1,980 SqFt
1115 Arctic Ave, Atlantic City, NJ, 08401 $319,000 4 -- --
555 N Maryland Ave, Atlantic City, NJ, 08401 $1,200,000 5 -- 2,730 2,730 SqFt
203 N South Carolina Ave, Atlantic City, NJ, 08401 $359,995 -- -- --
132 N Tennessee Ave, Atlantic City, NJ, 08401 $449,000 8 -- 3,123 3,123 SqFt

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ByOwner last updated this listing 06/15/2026 @ 09:35

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

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