123 S Berkley Square
Atlantic City, NJ, 08401 $ 1,150,000
Bedrooms8 Baths5.0 Sq 3,590 Monthly Estimate*
$ 7,261
for $1,150,000 with 8 bedrooms and 5 full baths. This 3,590 square foot home was built in 1910.
Welcome to 123 S. Berkley Square â 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 â porches, decks, balconies, and a rear patio for three-season entertaining â 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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FeaturesExteriorExterior Stucco Vinyl
Lot 14
Lot Dimensions 39x82
Separate Meters Electric Gas
Storms/Screens Screens
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GeneralWater Public
Sewer Public Sewer
Heating Forced Air Gas-Natural
Appliances Dishwasher Dryer Electric Stove Microwave Refrigerator Washer
Status Active Active
Year Built 1910
Other Rooms Den/TV Room Dining Room Kitchen
Water Heater Gas
Class MULTI-FAMILY
Type Triplex
Tax Year 2025
Garage Attached Garage Heated Garage Two Car
Status Detail 0
Waterfront No
Area Atlantic City
Location Beach Block
Taxes 14237
Adult Community/55+: Y/N 0
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InteriorBasement Slab
# of Units 3
# of 2 Bedroom Units 2
# of 1 Bedroom Units 0
# of 3 Bedroom Units 0
Efficiency Units 0
Air Conditioning Ceiling Fan(s) Central Electric
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* Excluded FeaturesList ByColdwell Banker Argus Real Estate-NorthfieldBroker
Affordability Calculator
- Monthly Principal & Interest
- $7,261
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Atlantic City, NJ
Average List Price $575,106
Percent of Sale Price 50%
About Atlantic City, NJ 37,544 Population
-7% Since 2002
$ 27,773 Median Income
38.18 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
760537 Elementary School
760538 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/26/2026 | $1,150,000 | -2.13% | Price Down |
| 7/3/2026 | $1,175,000 | -2.08% | Price Down |
| 5/7/2026 | $1,200,000 | | Listed Price |