112 S Raleigh Ave, Atlantic City, NJ 08401
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
Listed by: mary lou ferry wimmer, andi sinderbrand
Office: farley and ferry realty, inc
MLS#:605291
Source:NJ_SJSRMLS
Price summary
- Price:$1,199,000
- Price per sq. ft.:$222.66
About this home
Motivated seller!! Exceptional turnkey beach block income-producing triplex. Just the third property from the world-famous beach and Boardwalk in the Lower Chelsea area of Atlantic City, this legal triplex represents the ultimate shore investment opportunity. Ideally positioned near major island entry points, restaurants, casinos, and entertainment, this is prime real estate in the center of it all. Whether you’re searching for a shore property that helps pay for itself or a powerful addition to your investment portfolio, this property delivers impressive versatility and strong income potential. The building features two upper-level units, each offering approximately 1,500 square feet with four bedrooms, two bathrooms, and beautiful ocean views. The spacious first-floor and basement unit spans two levels and includes five bedrooms and three bathrooms, providing exceptional space and flexibility for large groups or extended stays. With substantial square footage across all three residences, the property has strong rental appeal for both short-term and long-term tenants. In the past few years the property has excellent short term rental history. Updates throughout have been thoughtfully completed to create an elevated and comfortable experience for occupants, enhancing both desirability and revenue performance. The water heater is 1.5 years old, the exterior was updated 5 years ago, the central ac system is 3 years old - each floor has its own mechanicals except the water heater is central. An income and expense summary is available for review, and the current short-term rental management company is willing to continue its partnership with the new owner at a legacy rate of 12.5%, offering a seamless transition. Being truly turnkey, the property is offered fully furnished. Beach block. Legal triplex. Ocean views. Proven income. Endless possibilities....
Contact an agent
Home facts
- Listing ID #:605291
- Added:147 day(s) ago
- Updated:July 30, 2026 at 04:04 PM
Rooms and interior
- Kitchen Description:Refrigerator
- Living area:5,385 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Gas-Natural
Structure and exterior
- Building area:5,385 sq. ft.
- Construction Materials:Stucco
- Exterior Features:Deck, Ocean View, Sidewalks
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,199,000
- Price per sq. ft.:$222.66
- Tax amount:$28,723 (2025)
Features and amenities
- Laundry features:Dryer, Washer
New listings near 112 S Raleigh Ave
- New
$189,000Active1 beds 2 baths872 sq. ft.3101 Boardwalk #3006-1, Atlantic City, NJ 08401
MLS# 610307Listed by: BOARDWALK REALTY - New
$214,900Active-- beds 1 baths490 sq. ft.3851 Boardwalk, ATLANTIC CITY, NJ 08401
MLS# NJAC2025574Listed by: EXP REALTY, LLC - New
$100,000Active4 beds 2 baths580 sq. ft.Address Withheld By Seller, ATLANTIC CITY, NJ 08401
MLS# NJAC2025858Listed by: LPT REALTY, LLC - New
$152,000Active3 beds 1 baths527 N New York, Atlantic City, NJ 08401
MLS# 610276Listed by: 3DX REAL ESTATE, LLC - New
$129,000Active1 beds 2 baths638 sq. ft.2721 Boardwalk #210, Atlantic City, NJ 08401
MLS# 610281Listed by: BOARDWALK REALTY - New
$165,000Active3 beds 1 baths1441 Caspian Ave, Atlantic City, NJ 08401
MLS# 610285Listed by: 3DX REAL ESTATE, LLC
$339,000Pending3 beds 2 baths1,297 sq. ft.1647 Michigan Ave, ATLANTIC CITY, NJ 08401
MLS# NJAC2024866Listed by: EXP REALTY, LLC- New
$165,000Active3 beds 1 baths1445 Caspian Ave, Atlantic City, NJ 08401
MLS# 610253Listed by: 3DX REAL ESTATE, LLC - New
$19,500Active0.04 Acres343 N Delaware Ave, Atlantic City, NJ 08401
MLS# 610258Listed by: KELLER WILLIAMS REALTY ATLANTIC SHORE-NORTHFIELD - New
$164,000Active-- beds 1 baths427 sq. ft.2721 Boardwalk, ATLANTIC CITY, NJ 08401
MLS# NJAC2025830Listed by: BOARDWALK REALTY LLC