Legal Triplex with Ocean
For Sale
$1,175,000
123 S Berkley Square, Atlantic City, NJ 08401
MULTI-FAMILY, Lower Chelsea, NJ
Property SizeContact for details
Days on Market108
Property Features for 123 S Berkley Square
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Zoning
R-2
Bedrooms
14
Bathrooms
6
Full bathrooms
5
Half bathrooms
1
Rooms
Bedroom 8, Bedroom 7, Bedroom 12, Bathroom 2, Bathroom 4, Den, Dining Room, Bedroom 2, Bedroom 9, Bedroom 14, Bedroom 1, Bathroom 5, Bedroom 10, Bedroom 11, Bedroom 13, Bedroom 3, Bedroom 5, Bathroom 3, Bathroom 1, Bedroom 6, Bedroom 4, Bathroom 6
Parking features
Offsite
Patio and Porch features
Patio, Deck, Porch
Exterior features
Beach Access, Boardwalk Access, Curbs, Deck, Fenced Yard, Ocean View, Patio, Porch, Sidewalks
Fencing
Fenced
Appliances
Dishwasher, Dryer, Electric Stove, Microwave, Refrigerator, Washer
Lot features
Beach Block
Directions
Atlantic Ave to Berkley Square
Subdivision
Atlantic City
Standard status
Active
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14237
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air, Ceiling Fan(s), Electric
Water source
Public
Water front
1
Amenities
porches
decks
balconies
rear patio
water views
Building Details
Year built
1910
Number of units
3
Listing Agency:
COLDWELL BANKER ARGUS REAL ESTATE-Northfield · Coldwell Banker Real Estate
(609) 646-5001
Listed By:
Philip Cavalcanto, Jr · License #2297020
(215) 681-6610
Added: May 6
Changed: Aug 19
Last Checked: Aug 21 at 5:06AM
MLS# 607595
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 at 123 S Berkley Square offers three separate units within a residential R-2 zoning setting. The first-floor unit is a 2-bedroom, 1-bath layout with an established annual tenant already in place. The second floor is a 2-bedroom, 2-bath unit described as ready for immediate income optimization. The top-floor unit is a 4-bedroom, 2.5-bath space, with the first-floor unit rented and two additional fully renovated units currently vacant, allowing for an owner-occupied option with rental income or a full three-unit rental setup. The property includes upgrades described as new kitchens and baths in the upper units, along with hardwood flooring and recessed lighting, plus new hardwood flooring in other areas.
Exterior amenities include beach access and boardwalk access, an ocean view, and multiple outdoor spaces such as porches, a deck, and a patio, with a fenced yard. Heating is provided by natural gas forced air, with cooling including central air and electric and ceiling fan(s). Public water and public sewer support the property. Built in 1910, the home also notes offsite parking.
Exterior amenities include beach access and boardwalk access, an ocean view, and multiple outdoor spaces such as porches, a deck, and a patio, with a fenced yard. Heating is provided by natural gas forced air, with cooling including central air and electric and ceiling fan(s). Public water and public sewer support the property. Built in 1910, the home also notes offsite parking.
Key Highlights
- Legal triplex configuration with three independently arranged units
- R‑2 zoning
- Beach access and boardwalk access with ocean views
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 triplex in R-2 zoning with beach and boardwalk access and ocean views, built in 1910.
Where is this triplex located?
The property is located at 123 S Berkley Square Atlantic City, NJ.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Legal triplex configuration with three independently arranged units; R‑2 zoning; Beach access and boardwalk access with ocean views
