Beach-Block
For Sale
$1,199,000
112 S Raleigh Ave, Atlantic City, NJ 08401
MULTI-FAMILY, Atlantic City, NJ
Property SizeContact for details
Days on Market186
Property Features for 112 S Raleigh Ave
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R2
Bedrooms
13
Bathrooms
7
Full bathrooms
7
Rooms
Bedroom 1, Bathroom 7, Bedroom 9, Bathroom 4, Bathroom 5, Bathroom 1, Bedroom 5, Bedroom 12, Bedroom 13, Bathroom 3, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 4, Bathroom 6, Bedroom 10, Bedroom 3, Bedroom 11, Bedroom 6, Bedroom 8
Patio and Porch features
Deck
Exterior features
Deck, Ocean View, Sidewalks
Appliances
Dryer, Refrigerator, Washer
Directions
Raleigh avenue and the beach block head towards the boardwalk
Subdivision
Atlantic City
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
28723
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Water front
1
Building Details
Number of units
3
Listing Agency:
FARLEY and FERRY REALTY, INC
(609) 822-1836
Listed By:
MARY LOU FERRY WIMMER · License #RB-8530847
(609) 289-1139
Added: Mar 4
Changed: Sep 2
Last Checked: Sep 6 at 7:06AM
MLS# 605291
Copyright © 2026 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This legal triplex contains three furnished residences. The two upper-level apartments are each approximately 1,500 square feet and include four bedrooms, two bathrooms, and ocean views. A two-level first-floor and basement residence provides five bedrooms and three bathrooms. Each floor has its own mechanical systems, while the water heater serves the full building. Central air conditioning, natural gas heat, public water, and public sewer are in place. The property also includes decks, sidewalks, a washer, dryer, and refrigerator.
Located at 112 S Raleigh Ave in Atlantic City’s Lower Chelsea area, the building is the third property from the beach and Boardwalk. Restaurants, casinos, entertainment, and major island entry points are identified nearby. The property has short-term rental history and is offered fully furnished. Recent improvements include an exterior update completed 5 years ago, a central AC system installed 3 years ago, and a water heater that is 1.5 years old. The existing management company is willing to continue at a 12.5% legacy rate.
Located at 112 S Raleigh Ave in Atlantic City’s Lower Chelsea area, the building is the third property from the beach and Boardwalk. Restaurants, casinos, entertainment, and major island entry points are identified nearby. The property has short-term rental history and is offered fully furnished. Recent improvements include an exterior update completed 5 years ago, a central AC system installed 3 years ago, and a water heater that is 1.5 years old. The existing management company is willing to continue at a 12.5% legacy rate.
Key Highlights
- Legal triplex with three furnished residences
- Two upper units are approximately 1,500 square feet each, with four bedrooms, two bathrooms, and ocean views
- Two‑level lower residence includes five bedrooms and three bathrooms
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
763
Businesses Nearby
Explore this area
Business Placement
Demographics for 08401, NJ
38,536
Population
20,116
Households
1.9
Avg Household Size
38
Median Age
21%
College-Educated
76%
High-School Grad
10.7 sq mi
ZIP Area
3,601
Density / Sq Mi
$36,375
Median Household Income
$28,915
Median Earnings
$1,086
Median Rent
$189,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Legal R2-zoned property with three furnished residences, ocean views, separate mechanicals by floor, and short-term rental history.
Where is this triplex located?
The property is located at 112 S Raleigh Ave Atlantic City, NJ.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Legal triplex with three furnished residences; Two upper units are approximately 1,500 square feet each, with four bedrooms, two bathrooms, and ocean views; Two‑level lower residence includes five bedrooms and three bathrooms
