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    114 S Raleigh Ave Atlantic City, NJ 08401

    For Sale
    $1,649,900

    Triplex - Atlantic City, NJ

    Type:Triplex
    Property size:
    5,385 SF
    Days on Market:
    167
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 114 S Raleigh Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Triplex
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Living Room
    Bedrooms
    12
    Bathrooms
    6
    Exterior features
    Curbs, Ocean View, Sidewalks
    Appliances
    Dishwasher, Microwave, Refrigerator, Washer
    Size
    5,385 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Number of units
    3
    Building materials
    Brick

    PRUDENTIAL FOX and ROACH-144H (609) 822-4200

    Listing agent PAULA HARTMAN (609) 822-4200 License #SP-9807299

    Listing date Jun 24, 2025

    MLS# 597569 Listing URL

    Copyright © 2025 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.

    Overview

    Renovated Beachfront Atlantic City Triplex

    Located in Atlantic City’s historic Chelsea neighborhood, this triplex offers a beachfront investment opportunity. Known as the Residences at Raleigh, the property features three fully renovated apartments, each designed with high-end finishes. The triplex spans approximately 4,650 square feet and includes three spacious 4-bedroom, 2-bathroom units. Each unit provides 1,550 square feet of modern coastal living. Interior features include quartz countertops, stainless steel appliances, center islands, and open-concept living areas with natural light and ocean views. Bathrooms are equipped with custom vanities and oversized walk-in showers or shower/tub combos, along with modern finishes. Each unit also includes in-unit laundry, central HVAC, and private utilities. The property is located minutes from the city’s casinos, dining, and entertainment. It is suitable as a luxury beachside home or a short-term rental investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Atlantic City
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.4627098
    Latitude
    39.3499645

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    FAQs

    What type of property is this?
    Triplex - Fully renovated triplex with designer apartments near the Boardwalk.
    Where is this triplex located?
    The property is located at 114 S Raleigh Ave Atlantic City, NJ.
    What is the asking price?
    The asking price for this property is $1,649,900.
    What are key features of this property?
    This property features: - Beachfront location in Atlantic City's historic Chelsea neighborhood, steps from the boardwalk.; - Turn-key, income-generating triplex with three fully renovated, designer 4-bedroom, 2-bathroom apartments.; - High-end finishes throughout each unit, including quartz countertops and stainless steel appliances.
    (609) 822-4200
    Request Owner's contact information
    114 S Raleigh Ave Atlantic City, NJ 08401
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    Atlantic City, NJ 08401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 S Raleigh Ave Atlantic City, NJ 08401
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