$1,200,000

123 S BERKLEY SQ, Atlantic City, NJ 08401

  • 3,584 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1910
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $335/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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.

Listing Status:
Active
Data Last Updated:
May 10, 2026 at 7:16AM
Listing Office:
Coldwell Banker Argus Real Estate : 6096465001
Listing Agent:
Philip R. Cavalcanto : 2156816610
MLS ID:
NJAC2024416
  • General: Built-InsBreakfast AreaCombination Dining/LivingCeiling Fan(s)Combination Kitchen/DiningDining AreaFloor Plan - OpenFloor Plan - TraditionalUpgraded CountertopsRecessed Lighting
  • Appliances: DishwasherWasherStoveRefrigeratorOven/Range - ElectricOven/Range - GasMicrowaveDryer
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • General: Street LightsSidewalksExterior LightingAbove GradeBelow Grade
  • Style: Transitional
  • Other Structures: PorchBalconyDeckPatio
  • General: FrameSlab
  • Originating MLS: BRIGHT_MAIN
  • School District: ATLANTIC CITY SCHOOLS
  • County: ATLANTIC-NJ
  • Zoning: R-202-00007-00014
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Philip R. Cavalcanto , Coldwell Banker Argus Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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