Turnkey waterfront investment opportunity! This fully renovated triplex offers an exceptional combination of immediate cash flow, modern improvements and rare deep water access. Completely gutted and rebuilt less than 2 years ago, the property is fully occupied by year round tenants, providing stable income from day one. The building consists of three spacious units: a large one bedroom apartment, a two story four bedroom residence and a two story two bedroom residence. Each unit has been thoughtfully renovated with updated finished and major systems, making this a truly low maintenance addition to any investment portfolio. Outside, you'll find a brand new dock and pilings capable of accomodating up to three large boats or several smaller vessels creating an incredible waterfront amenity rarely found with multi-family properties. Beyond its current income producing performance, this property offers outstanding long term flexibility. Continue operating as a fully leased investment, explore the property future short term rental/Airbnb potential (subject to local regulations), or owner occupy one of the units while the remaining apartments help off set your mortgage-an ideal opportunity to enjoy waterfront living while generating rental income. Whether you are looking to expand your portfolio with a stabilized asset or secure a unique waterfront property with tremendous upside, opportunities like this are few and far between. Property is being sold strictly as is. Buyer is responsible for obtaining the Certificate of Occupancy and any other municipal certifications required for closing.
For sale
$799,900
1658 W Riverside Dr, Atlantic City, NJ 08401
7beds
5baths
--sqft
Triplex
Built in 1930
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Fully renovated triplexLarge one bedroom apartmentThree spacious units
- 86 days
- 356
- 27
Zillow last checked:
Listing updated:
Listed by:
LeaRose Mazurie 609-374-7393,
CENTURY 21 ALLIANCE-O1O4J
Source: SJSRMLS,MLS#: 609715
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
Heating
- Natural Gas
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Washer
Features
- Basement: Crawl Space
- Has fireplace: No
Property
Parking
- Total spaces: 2
- Parking features: Off Site, None
Features
- Patio & porch: Deck
- Exterior features: Boat Slip
- Has view: Yes
- View description: Bay
- Has water view: Yes
- Water view: Bay
- Waterfront features: Bay Front
- Frontage type: Bay/Harbor
Lot
- Size: 5,625 Square Feet
- Dimensions: 37.5 x 150
Details
- Parcel number: 4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Atlantic City
Financial & listing details
- Tax assessed value: $396,500
- Annual tax amount: $13,402
- Date on market: 7/10/2026
- Date available: 07/10/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Listed for sale | $799,900+247.8% |
Source: | ||
| 12/29/2023 | Sold | $230,000+2.3% |
Source: | ||
| 12/15/2023 | Pending sale | $224,900 |
Source: | ||
| 5/31/2023 | Contingent | $224,900 |
Source: | ||
| 5/25/2023 | Listed for sale | $224,900-35.7% |
Source: | ||
| 11/1/2022 | Listing removed | $350,000 |
Source: | ||
| 4/5/2022 | Listed for sale | $350,000+18.6% |
Source: | ||
| 11/2/2019 | Listing removed | $295,000 |
Source: Coldwell Banker Argus Real Estate #521600 Report a problem | ||
| 6/18/2019 | Price change | $295,000-4.8% |
Source: Coldwell Banker Argus Real Estate #521600 Report a problem | ||
| 5/29/2019 | Price change | $310,000-4.6% |
Source: Coldwell Banker Argus Real Estate #521600 Report a problem | ||
| 5/1/2019 | Listed for sale | $325,000-45.7% |
Source: COLDWELL BANKER ARGUS REAL ESTATE-Ventnor #521600 Report a problem | ||
| 6/12/2008 | Listing removed | $599,000 |
Source: NCI #322266 Report a problem | ||
| 5/21/2008 | Listed for sale | $599,000+584.6% |
Source: NCI #322266 Report a problem | ||
| 7/10/1997 | Sold | $87,500 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $13,402 -2.1% | $396,500 |
| 2025 | $13,687 | $396,500 |
| 2024 | $13,687 -3.2% | $396,500 |
| 2023 | $14,135 -8.6% | $396,500 |
| 2022 | $15,467 -0.8% | $396,500 |
| 2021 | $15,598 +30.5% | $396,500 |
| 2020 | $11,952 +12.8% | $396,500 +32.2% |
| 2019 | $10,599 | $300,000 |
| 2018 | $10,599 -8.5% | $300,000 |
| 2017 | $11,580 -24.8% | $300,000 |
| 2016 | $15,399 +2.2% | $300,000 -33.3% |
| 2015 | $15,066 +52% | $450,000 |
| 2014 | $9,914 +1.8% | $450,000 +15.4% |
| 2013 | $9,738 +11.1% | $390,000 -13.3% |
| 2012 | $8,762 +7.6% | $450,000 |
| 2011 | $8,141 +5.6% | $450,000 |
| 2010 | $7,709 -6.2% | $450,000 |
| 2009 | $8,220 +126% | $450,000 -8.8% |
| 2008 | $3,637 +0.8% | $493,400 +405.5% |
| 2007 | $3,607 | $97,600 |
| 2006 | -- | $97,600 |
| 2005 | -- | $97,600 |
| 2004 | -- | $97,600 |
| 2003 | -- | $97,600 |
| 2002 | -- | $97,600 |
| 2001 | -- | $97,600 |
Find assessor info on the county website
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