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Renovated Triplex with Water Views
For Sale
$1,150,000

123 S Berkley Square, Atlantic City, NJ 08401

MULTI-FAMILY, Lower Chelsea, NJ

Property SizeContact for details
Days on Market169

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 Bathroom 5, Bedroom 6, Bedroom 13, Bathroom 2, Bathroom 4, Bedroom 9, Den, Bathroom 6, Bedroom 4, Dining Room, Bedroom 3, Bedroom 1, Bedroom 7, Bedroom 2, Bedroom 10, Bedroom 5, Bedroom 8, Bedroom 11, Bathroom 1, Bedroom 14, Bedroom 12, Bathroom 3
Parking features Offsite
Patio and Porch features Deck, Porch, Patio
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 Electric, Ceiling Fan(s), Central Air
Water source Public
Water front 1

Amenities

porches
decks
balconies
rear patio

Building Details

Year built 1910
Number of units 3
Listing Agency: COLDWELL BANKER ARGUS REAL ESTATE-Northfield · Coldwell Banker Real Estate
Listed By: Philip Cavalcanto, Jr
Added: May 6 Changed: Oct 21 Last Checked: Oct 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.

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Investment Insights

Based on property information with market context.

Built in 1910, this legal triplex includes three distinct residences. The first-floor apartment has 2 bedrooms and 1 bath. Above it, a renovated 2-bedroom, 2-bath unit and a renovated 4-bedroom, 2.5-bath unit are available for occupancy. Upper-level improvements include updated kitchens and bathrooms, hardwood floors, and recessed lighting.

The property offers water views from nearly every level, along with a mix of porches, decks, balconies, and a rear patio. Beach and boardwalk access are nearby, while the surrounding Lower Chelsea setting includes curbs and sidewalks. Public water and public sewer serve the property. Additional features include central air, forced-air natural gas heat, a fenced yard, and appliances including a dishwasher, washer, dryer, refrigerator, microwave, and electric stove.

Key Highlights

  • Legal triplex with 2‑bedroom, 1‑bath; 2‑bedroom, 2‑bath; and 4‑bedroom, 2.5‑bath units
  • Upper units fully renovated with new kitchens, baths, hardwood flooring, and recessed lighting
  • Water views are visible from nearly every level

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

763
Businesses Nearby

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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Legal three-unit property with beach and boardwalk access in Lower Chelsea.
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 $1,150,000.
What are key features of this property?
This property features: Legal triplex with 2‑bedroom, 1‑bath; 2‑bedroom, 2‑bath; and 4‑bedroom, 2.5‑bath units; Upper units fully renovated with new kitchens, baths, hardwood flooring, and recessed lighting; Water views are visible from nearly every level
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