123 S Berkley Square Atlantic City, NJ 08401
Listing Courtesy of: BRIGHT IDX / Listed By: Philip Cavalcanto, Coldwell Banker Realty

  123 S Berkley Square Atlantic City, NJ 08401

Active (132 Days)
$1,150,000 (USD)

Description

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.

MLS #:
NJAC2024416
Taxes
$14,236(2025)
Lot Size
3,219 SQFT
Type
Multifamily
Year Built
1910
Style
Transitional
School District
Atlantic City Schools
County
Atlantic County

Listed By

Philip Cavalcanto, Coldwell Banker Realty
Source
BRIGHT IDX
Last checked Sep 14 2026 at 8:27 AM GMT+0000
Bathroom Details
Interior Features
  • Dining Area
  • Built-Ins
  • Floor Plan - Traditional
  • Dishwasher
  • Dryer
  • Microwave
  • Washer
  • Refrigerator
  • Combination Kitchen/Dining
  • Stove
  • Oven/Range - Electric
  • Oven/Range - Gas
  • Breakfast Area
  • Upgraded Countertops
  • Floor Plan - Open
  • Recessed Lighting
  • Combination Dining/Living
  • Ceiling Fan(s)
Subdivision
  • Chelsea
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Slab
Heating and Cooling
  • Forced Air
  • Central A/C
Exterior Features
  • Frame
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Living Area
  • 3,584 sqft

Listing Price History

Date
Event
Price
% Change
$ (+/-)
Aug 26, 2026
Price Changed
$1,150,000
-2%
-$25,000
Jul 03, 2026
Price Changed
$1,175,000
-2%
-$25,000
Location
   
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Disclaimer: Copyright 2026 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 9/14/26 01:27