Redfin is joining Rocket

Discover how we're simplifying your journey home.

$1,425,000

112 S Raleigh Ave Atlantic City, NJ 08401

5,385 sqft
$265 / sqft
Multi-Family

Property details

About 112 S Raleigh Ave

Welcome to 112 Raleigh Avenue, a fully renovated Lower Chelsea Beach Block LUXURY Triplex that is sure to captivate your senses. This magnificent property, just two buildings away from the beach and boardwalk, offers the perfect combination of modern elegance and coastal charm Step inside Unit 1, a sprawling two-story oasis spanning nearly 3000 square feet. With 6 bedrooms and 3 full bathrooms, there is ample space for everyone to enjoy. The unit boasts its laundry facilities, ensuring convenience and ease of living. Units 2 and 3 are equally impressive, each offering 1500 square feet of thoughtfully designed living space. With 4 bedrooms and 2 bathrooms in each unit, these versatile spaces are perfect for extended family retreats or as potential rental opportunities. Plus, convenient designated laundry access awaits you in the ground floor laundry room. No detail has been missed in this spectacular renovation. Central HVAC systems have been installed in all three units for year-round comfort. New flooring throughout adds a touch of sophistication, while the stylish kitchens are perfect for culinary adventures. Every inch of this property has been enhanced with brand-new finishes that exude luxury and style. As you venture outside, you'll discover a new backyard deck where you can soak up the sun or host memorable gatherings with loved ones. And don't forget about the outdoor shower hook-up - an essential amenity for those sandy beach days! Currently as an active Airbnb, this property presents a fantastic investment opportunity with projected gross revenue of 200k. The option to purchase the units furnished is also on the table, allowing for immediate or seamless continuation of this successful venture. Don't miss your chance to own this remarkable triplex, one of the most sought-after locations in Lower Chelsea. Showings are subject to availability, so now to experience coastal living at its finest, contact us today to secure your piece of paradise! 1.6M Appraisal, Key Facts, Income and Expenses Available to qualified buyers.

Highlights

Home typeTriplex
HeatingBaseboard, Natural Gas, Hot Water
StatusActive
CoolingCentral Air, Wall Unit(s)
Size5,385 sqft
BasementYes
Year built1920
ParkingThree or More Cars
MLS #594113
WaterfrontOcean Front, Water View
ViewOcean, Water

Summary

  • Appliances: Dishwasher, Dryer, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Basement: Yes
  • Attached Garage: No
  • Parking: Three or More Cars
  • Waterfront: Ocean Front, Water View
  • View: Ocean, Water
  • Exterior: Beach Access, Boardwalk Access, Curbs, Deck, Outside Shower, Porch, Sidewalks
  • Heating: Baseboard, Natural Gas, Hot Water
  • Cooling: Central Air, Wall Unit(s)
  • List Price: $1,425,000
  • Price/SqFt: $264
  • Annual Tax Amount: $17,939
  • Tax Year: 2024
  • Lot: Beach, Curbs, Sidewalk
  • Directions: Beach Block right hand side.
  • Year Built: 1920
  • Living Area: 5,385 SqFt
  • MLS Number: 594113
  • Office Name: WEICHERT REALTORS ASBURY GROUP-AC
  • Office Phone: (609) 344-6200
  • Office Email: john@weichertoc.com

Broker Reciprocity Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2025 SJSR MLS. All rights reserved.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/12/2025, 4:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Dec 21, 2021
Home Sold
$670,000
May 16, 2018
Home Sold
$450,000

Tax history

YearAssessmentProperty Tax
2024$503,200$17,939
2022$503,200$19,629
2021$503,200$19,629
2020$503,200$19,795
2019$515,000$20,517

History based on county public records data.

Nearby schools

3

Brighton Avenue School

Public District PK-5

0.9 mi

30 N Brighton Ave

8

Ventnor Elementary School

Public District PK-4

2.0 mi

400 N Lafayette Ave

9

William H. Ross III Elementary School

Public District PK-4

2.5 mi

101 N Haverford Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $61,384. Typical income of Atlantic City, NJ residents is between $35k-100k annually. Most families are single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

28%
<35k
47%
35k-100k
23%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

50%
Single, No Kids
15%
Single, with Kids
20%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
44%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • Horse RacesHorse Races
  • Continuing Education CoursesContinuing Education Courses
  • Hiking/backpackingHiking/backpacking

Where do the neighbors shop?

  • Stein MartStein Mart
  • Express/Express For MenExpress/Express For Men
  • Nordstrom RackNordstrom Rack

Where do the neighbors go to eat?

  • LongHorn SteakhouseLongHorn Steakhouse
  • QdobaQdoba
  • ChipotleChipotle

What do the neighbors drive?

  • BuickBuick
  • VolkswagenVolkswagen
  • MazdaMazda

What do the neighbors listen to?

  • Contemporary InspirationalContemporary Inspirational
  • Urban ContemporaryUrban Contemporary
  • RockRock
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 112 S Raleigh Ave

The listing price of 112 S Raleigh Ave property is $1,425,000.

The property 112 S Raleigh Ave is a multi located in Atlantic City, New Jersey, 08401.

Active Listing: 112 S Raleigh Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 112 S Raleigh Ave are: Brighton Avenue School (GreatSchools Rating 3/10), Ventnor Elementary School (GreatSchools Rating 8/10), William H. Ross III Elementary School (GreatSchools Rating 9/10), Richmond Avenue School (GreatSchools Rating 6/10), Chelsea Heights School (GreatSchools Rating 6/10), Sovereign Avenue School (GreatSchools Rating 4/10), Atlantic City High School (GreatSchools Rating 2/10), Pleasantville High School (GreatSchools Rating 2/10), Mainland Regional High School (GreatSchools Rating 5/10).

According to the records, the last property tax for 2024 is $17,939 (source: MLS/based on county public records data).

The last sale was on December 21, 2021 for $670,000 (source: MLS/tax record).

The property 112 S Raleigh Ave is 5,385 SqFt (source: MLS/tax record).

The year of construction for 112 S Raleigh Ave is 1920.

This home is located at 112 S Raleigh Ave in Atlantic City, NJ and zip code 08401 in the Lower Chelsea neighborhood. This 5,385 square foot home was built in 1920. Features: 0 bathroom. It has been listed on Rocket Homes since March 13, 2025 and is currently priced at $1,425,000.

In June 2025 more than 0 listings in Atlantic City, NJ were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 20 were sold below. Between May and June 2025, Atlantic City, NJ real estate market has seen increase in the number of listings by 4.3%. Listings spent 83 days on the market in June 2025, and had a median list price of $240,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

More resources