123 S Berkley Sq, Atlantic City, NJ 08401
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
123 S Berkley Sq,Atlantic City, NJ 08401
$1,150,000
- 4 Beds
- - Baths
- 3,584 sq. ft.
- Multi-family
- Active
Listed by: philip r. cavalcanto
Office: coldwell banker argus real estate
MLS#:NJAC2024416
Source:BRIGHTMLS
Price summary
- Price:$1,150,000
- Price per sq. ft.:$320.87
About this home
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....
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Home facts
- Year built:1910
- Subdivision & Development:CHELSEA
- Listing ID #:NJAC2024416
- Added:145 day(s) ago
- Updated:September 29, 2026 at 01:40 PM
Rooms and interior
- Bedrooms:4
- Kitchen Description:Breakfast Area, Built-Ins, Dishwasher, Microwave, Oven/Range - Electric, Oven/Range - Gas, Recessed Lighting, Refrigerator, Stove, Upgraded Countertops
- Living area:3,584 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1910
- Building area:3,584 sq. ft.
- Lot area:0.07 Acres
- Architectural Style:Transitional
- Construction Materials:Frame
- Exterior Features:Balcony, Deck(s), Exterior Lighting, Patio(s), Porch(es), Sidewalks, Street Lights
- Foundation Description:Slab
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$320.87
- Tax amount:$14,236 (2025)
Features and amenities
- Amenities:Built-Ins, Ceiling Fan(s), Recessed Lighting
Parking
- Parking description:Attached Garage, Garage - Front Entry, Inside Access
- Garage:Yes
- Garage spaces:2
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