112 S Raleigh Ave Atlantic City, NJ 08401

Multi-Family (2-4 Units) MLS #: 594113 Courtesy Of WEICHERT REALTORS ASBURY GROUP-AC

$1,499,000

12 beds | 7 baths | 5,385 sq ft
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Est. Property Tax: $17,370
Estimated monthly payments: $8,000/mo.* (recalculate)

Property InformationDescription

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! Income and Expenses Available

Features

  • Age: Over 50 Years Old
  • Amenities: Deck, Porch, Water Front
  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Cooling System: Wall Unit(s) A/C
  • Exterior Type: Brick
  • Heating System: Baseboard, Hot Water
  • Rooms: Basement, Den, Dining Room, Kitchen, Living Room

MAP & DIRECTIONS

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112 S Raleigh Ave, Atlantic City, NJ 08401
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School Information

112 S Raleigh Ave, Atlantic City, NJ 08401

Elementary School
Grades PK-8 | Public School
RICHMOND AVENUE SCHOOL
Atlantic City, NJ 08401
4115 Ventnor Ave
609.­343.7250
Distance: 0.2 mi
School Rating
B
Student:Teacher Ratio
10:1
Total Students
615
Middle School
Grades PK-8 | Public School
RICHMOND AVENUE SCHOOL
Atlantic City, NJ 08401
4115 Ventnor Ave
609.­343.7250
Distance: 0.2 mi
School Rating
B
Student:Teacher Ratio
10:1
Total Students
615
High School
N/A
Other Nearby Schools Distance Type Grades School Rating
Chelsea Heights School 0.7 mi Public PK-8 B
Sovereign Avenue School 0.8 mi Public PK-8 C-
Brighton Avenue School 0.9 mi Public PK-5 C-
Our Lady Star Of The Sea Regional 1.1 mi Private PK-8
Texas Avenue School 1.2 mi Public KG-8 D
Dr. Martin Luther King Jr. School Complex 1.7 mi Public PK-8 D+
Atlantic City High School 1.7 mi Public 9-12 D-
Ventnor Elementary School 2.0 mi Public PK-4 A
Ventnor Middle School 2.0 mi Public 5-8 B
New York Avenue School 2.1 mi Public PK-8 F
Venice Park School 2.1 mi Public PK
Eugene A. Tighe Middle School 2.4 mi Public 5-8 A
William H. Ross Iii Elementary School 2.5 mi Public PK-4 A
Pennsylvania Avenue School 2.6 mi Public PK-8 D
Uptown School Complex 2.8 mi Public PK-8 D+
South Main Street Elementary School 4.6 mi Public PK-5 D-
North Main Street Elementary School 4.7 mi Public PK-5 C+
Washington Avenue Elementary School 4.8 mi Public PK-5 D+
Leeds Avenue Elementary School 5.1 mi Public PK-5 D
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Atlantic City, NJ 08401

Median Age: 40.7
Married: 24%
Number of Households: 15,281
Households with Children: 29.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 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. Information being provided is 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.