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

  123 S Berkley Square Atlantic City, NJ 08401

Active (5 Days)
$1,200,000 (USD)

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 flooringWhat 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.

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 May 10 2026 at 2:42 PM 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
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 5/10/26 07:42