#594113, Listing office: WEICHERT REALTORS ASBURY GROUP-AC
Property details
About 114 S Raleigh Ave
Beachfront Investment Opportunity in Atlantic City’s Historic Chelsea Neighborhood! Welcome to the Residences at Raleigh — a rare offering of three fully renovated, designer apartments just steps from the Atlantic City Boardwalk. This oversized triplex spans approximately 4,650 square feet in total and features (3) spacious 4-bedroom, 2-bathroom units, each offering 1,550 SF of modern coastal living. Inside each residence, you'll find high-end finishes throughout, including quartz countertops, stainless steel appliances, center islands, and open-concept living areas flooded with natural light and breathtaking ocean views. The bathrooms are thoughtfully designed with custom vanities, oversized walk-in showers or shower/tub combos, and sleek, modern finishes. Each unit includes in-unit laundry, central HVAC, and private utilities for ultimate convenience. Whether you're seeking a luxury beachside home, a lucrative short-term rental investment, or both — this property checks every box. Located minutes from the city’s top casinos, dining, and entertainment, this is your chance to own a turn-key, income-generating property in one of Atlantic City’s most desirable neighborhoods. Schedule your private showing today and experience the best of beachfront living!
Highlights
Home typeTriplex
HeatingForced Air
StatusActive
CoolingCentral Air
Size5,385 sqft
MLS #597569
WaterfrontWater View
ViewWater, Ocean
Summary
- Appliances: Dishwasher, Gas Oven, Microwave, Refrigerator, Self Cleaning Oven
- Attached Garage: No
- Parking: None
- Waterfront: Water View
- View: Water, Ocean
- Exterior: Curbs, Ocean View, Sidewalks
- Heating: Forced Air
- Cooling: Central Air
- List Price: $1,649,900
- Price/SqFt: $306
- Annual Tax Amount: $30,295
- Tax Year: 2024
- Lot: Curbs, Views, Sidewalk
- Directions: /
- Living Area: 5,385 SqFt
- MLS Number: 597569
- Office Name: BHHS FOX and ROACH-Margate
- Office Phone: (609) 822-4200
- Office Email: Margaret.Nulty@foxroach.com
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: 7/15/2025, 5:45:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 03, 2022 | Home Sold | $1,265,000 |
| Mar 07, 2019 | Home Sold | $405,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $849,800 | $30,295 |
| 2022 | $483,400 | $18,857 |
| 2021 | $483,400 | $18,857 |
| 2020 | $483,400 | $19,016 |
| 2019 | $500,000 | $19,920 |
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.
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. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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 Races
Continuing Education Courses
Hiking/backpacking
Where do the neighbors shop?
Stein Mart
Express/Express For Men
Nordstrom Rack
Where do the neighbors go to eat?
LongHorn Steakhouse
Qdoba
Chipotle
What do the neighbors drive?
Buick
Volkswagen
Mazda
What do the neighbors listen to?
Contemporary Inspirational
Urban Contemporary
Rock
All data provided by Home Junction and Claritas
Similar homes for sale
Frequently asked questions
About 114 S Raleigh Ave
The listing price of 114 S Raleigh Ave property is $1,649,900.
The property 114 S Raleigh Ave is a multi located in Atlantic City, New Jersey, 08401.
Active Listing: 114 S Raleigh Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 114 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 $30,295 (source: MLS/based on county public records data).
The last sale was on November 3, 2022 for $1,265,000 (source: MLS/tax record).
The property 114 S Raleigh Ave is 5,385 SqFt (source: MLS/tax record).
This home is located at 114 S Raleigh Ave in Atlantic City, NJ and zip code 08401 in the Lower Chelsea neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 24, 2025 and is currently priced at $1,649,900.
Atlantic City, NJ housing market in June 2025 saw over 0 listings sold above listed price, more than 3 sold at listed price and over 20 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.