Estimated payment $11,478/month
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!
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $29,335 | $849,800 | $221,300 | $628,500 |
| 2023 | $18,258 | $483,400 | $221,300 | $262,100 |
| 2022 | $18,258 | $483,400 | $221,300 | $262,100 |
| 2021 | $18,857 | $483,400 | $221,300 | $262,100 |
| 2020 | $19,017 | $483,400 | $221,300 | $262,100 |
| 2019 | $19,920 | $500,000 | $230,000 | $270,000 |
| 2018 | $17,665 | $500,000 | $230,000 | $270,000 |
| 2017 | $17,105 | $500,000 | $230,000 | $270,000 |
| 2016 | $20,844 | $540,000 | $270,000 | $270,000 |
| 2015 | $21,216 | $620,000 | $370,000 | $250,000 |
| 2014 | $20,758 | $620,000 | $370,000 | $250,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/24/2025 06/24/25 | For Sale | $1,649,900 | +30.4% | -- |
| 07/05/2022 07/05/22 | Sold | $1,265,000 | -1.1% | $234 / Sq Ft |
| 06/17/2022 06/17/22 | For Sale | $1,279,000 | 0.0% | $236 / Sq Ft |
| 03/14/2022 03/14/22 | Pending | -- | -- | -- |
| 03/08/2022 03/08/22 | For Sale | $1,279,000 | +215.8% | $236 / Sq Ft |
| 02/21/2019 02/21/19 | Sold | $405,000 | -14.7% | $75 / Sq Ft |
| 01/20/2019 01/20/19 | Price Changed | $475,000 | -17.4% | $88 / Sq Ft |
| 04/02/2017 04/02/17 | For Sale | $575,000 | 0.0% | $106 / Sq Ft |
| 07/03/2015 07/03/15 | Rented | -- | -- | -- |
| 06/03/2015 06/03/15 | Under Contract | -- | -- | -- |
| 10/22/2014 10/22/14 | For Rent | -- | -- | -- |
| 10/01/2013 10/01/13 | Rented | -- | -- | -- |
| 09/01/2013 09/01/13 | Under Contract | -- | -- | -- |
| 06/24/2013 06/24/13 | For Rent | -- | -- | -- |
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,265,000 | Clear Skies Title | |
| Deed | $405,000 | Surety Title |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $885,500 | New Conventional | |
| Previous Owner | $940,000 | Commercial | |
| Previous Owner | $142,000 | Credit Line Revolving |
$1,425,000
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,
Gerard Barker WEICHERT REALTORS ASBURY GROUP-AC
$1,500,000
Approved Green Zone! 1 Block to new Indoor Island Waterpark! Massive building with limitless potential, Super LOW Taxes! Located in the CBD zone, in the very heart of the city! Just one block to the Hardrock, Steel Pier, Ocean Casino, Resorsts, Margaritaville, and Showboat Casinos, and just 2 blocks to the worlds most famous beach and boardwalk! Close to Tanger Outlets, Gardners Basin, Borgate,
Gerard Barker WEICHERT REALTORS ASBURY GROUP-AC
Source: South Jersey Shore Regional MLS
MLS Number: 597569
APN: 02-00011-0000-00007
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