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For sale
  • $1,175,000

    123 S Berkley Sq, Atlantic City, NJ 08401

    4beds
    3baths
    3,584sqft
    : 
    $8,195/mo
    Get pre-qualified
    Triplex
    Built in 1910
    -- sqft lot
    $1,129,300 Zestimate®
    $328/sqft
    $-- HOA

    What's special

    Recessed lightingBeach block locationSpacious oversized light-filled roomsHardwood flooringNew kitchens and baths
    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 flooring What 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.
    95 days
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    487
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    23
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    Zillow last checked:

    Listing updated:

    Listed by:

    Philip Cavalcanto 215-681-6610,

    Coldwell Banker Argus Real Estate

    Source: Bright MLS,MLS#: NJAC2024416MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      Basement
      • Area: 0
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Dishwasher, Washer, Cooktop, Refrigerator, Oven/Range - Electric, Oven/Range - Gas, Microwave, Dryer, Gas Water Heater
      Features
      • Built-in Features, Breakfast Area, Combination Dining/Living, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Open Floorplan, Floor Plan - Traditional, Upgraded Countertops, Recessed Lighting
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 3,584
      • Total interior livable area: 3,584 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage Faces Front, Inside Entrance, Attached
      • Attached garage spaces: 2
      Accessibility
      • Accessibility features: None
      Features
      • Patio & porch: Porch, Patio, Deck
      • Exterior features: Street Lights, Sidewalks, Lighting, Balcony
      • Pool features: None
      Lot
      • Size: 3,219 Square Feet
      • Dimensions: 39.00 x 82.50
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 020000700014
      • Zoning: R-2
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Transitional
      • Property subtype: Triplex
      Materials
      • Frame
      • Foundation: Slab
      Condition
      • New construction: No
      • Year built: 1910

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Chelsea
      Location
      • Region: Atlantic City
      • Municipality: ATLANTIC CITY

      Financial & listing details

      • Price per square foot: $328/sqft
      • Tax assessed value: $421,200
      • Annual tax amount: $14,236
      • Date on market: 5/6/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple
      • Total actual rent: 1850

        Estimated market value

        $1,129,300

        $1.07M - $1.19M

        $2,664/mo

        Price history

        DateEventPrice
        7/3/2026Price change$1,175,000-2.1%$328/sqft
        Source: Bright MLS #NJAC2024416 Report a problem
        5/29/2025Listing removed$3,500$1/sqft
        Source: Zillow Rentals Report a problem
        4/14/2025Listed for rent$3,500+89.2%$1/sqft
        Source: Zillow Rentals Report a problem
        4/1/2025Listing removed$1,850$1/sqft
        Source: Zillow Rentals Report a problem
        2/10/2025Price change$1,850-7.5%$1/sqft
        Source: Zillow Rentals Report a problem
        11/6/2024Listed for rent$2,000-42.9%$1/sqft
        Source: Zillow Rentals Report a problem
        1/5/2024Listing removed--
        Source: Zillow Rentals Report a problem
        12/5/2023Listed for rent$3,500+89.2%$1/sqft
        Source: Zillow Rentals Report a problem
        11/29/2023Listing removed--
        Source: Zillow Rentals Report a problem
        11/8/2023Price change$1,200,000-7.6%$335/sqft
        Source: SJSRMLS #574413 Report a problem
        9/9/2023Price change$1,850-7.5%$1/sqft
        Source: Zillow Rentals Report a problem
        9/9/2023Price change$1,299,000-3.8%$362/sqft
        Source: SJSRMLS #574413 Report a problem
        8/18/2023Listed for rent$2,000$1/sqft
        Source: Zillow Rentals Report a problem
        8/17/2023Listing removed--
        Source: Zillow Rentals Report a problem
        5/26/2023Listed for sale$1,350,000+214%$377/sqft
        Source: SJSRMLS #574413 Report a problem
        5/11/2023Listed for rent$2,000-91.7%$1/sqft
        Source: Zillow Rentals Report a problem
        6/20/2018Listing removed$24,000$7/sqft
        Source: Weichert Realtors Report a problem
        5/18/2018Price change$24,000+900%$7/sqft
        Source: Weichert Realtors Report a problem
        11/3/2017Listed for rent$2,400+26.3%$1/sqft
        Source: Weichert Realtors Report a problem
        3/23/2017Listing removed$1,900$1/sqft
        Source: Weichert Realtors Report a problem
        1/28/2017Listed for rent$1,900-5%$1/sqft
        Source: Weichert Realtors Report a problem
        5/2/2016Listing removed$2,000$1/sqft
        Source: Atlantic City - WEICHERT, REALTORS - The Asbury Group #459028 Report a problem
        11/2/2015Listed for rent$2,000-66.7%$1/sqft
        Source: Atlantic City - WEICHERT, REALTORS - The Asbury Group #457532 Report a problem
        6/25/2014Listing removed$6,000$2/sqft
        Source: BHHS #422021 Report a problem
        6/22/2014Listed for rent$6,000$2/sqft
        Source: BHHS #422021 Report a problem
        3/31/2004Sold$430,000+30.3%$120/sqft
        Source: Public Record Report a problem
        12/16/2002Sold$330,000$92/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,540 $421,200
        2024$14,540 -3.2%$421,200
        2023$15,016 -8.6%$421,200
        2022$16,431 -0.8%$421,200
        2021$16,570 +15.5%$421,200
        2020$14,342 +22%$421,200 +17%
        2019$11,758 $360,000
        2018$11,758 -25.7%$360,000
        2017$15,826 -7.5%$360,000 -12.2%
        2016$17,110 -13.4%$410,000 -18%
        2015$19,753 +31.7%$500,000 -15.3%
        2014$14,998 +15%$590,000
        2012$13,045 -0.3%$590,000 -11.9%
        2011$13,081 +5.6%$670,000 -7.3%
        2010$12,387 +2.8%$723,100
        2009$12,047 +153.8%$723,100
        2008$4,747 +0.8%$723,100 +467.6%
        2007$4,709 $127,400
        2006-- $127,400
        2005-- $127,400
        2004-- $127,400
        2003-- $127,400
        2002-- $127,400
        2001-- $127,400
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 08401

        Getting around

        66 / 100
        Somewhat Walkable
        38 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Atlantic City Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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