114 South Raleigh Avenue

Atlantic City, NJ 08401

$1,699,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to beachfront living at Residences at Raleigh in Atlantic City’s historic Chelsea neighborhood! Residences at Raleigh is a collection of (3) luxurious apartments steps from the Atlantic City Boardwalk in the city’s most sought after neighborhood. This spacious 3-family building is comprised of (3) separate oversized, 1,550 SF apartments, features (12) separate bedrooms and (6) bathrooms -- each apartment is 4BR/2BA. The designer kitchen features quartz countertops, stainless steel appliances...Welcome to beachfront living at Residences at Raleigh in Atlantic City’s historic Chelsea neighborhood! Residences at Raleigh is a collection of (3) luxurious apartments steps from the Atlantic City Boardwalk in the city’s most sought after neighborhood. This spacious 3-family building is comprised of (3) separate oversized, 1,550 SF apartments, features (12) separate bedrooms and (6) bathrooms -- each apartment is 4BR/2BA. The designer kitchen features quartz countertops, stainless steel appliances and a center island. The living room is open concept with plenty of light from the windows with an OCEAN VIEW! The bathrooms are fully renovated and feature an oversized walk in shower OR a shower/tub combo and vanity. Each apartment has its own laundry and HVAC. The property has also been a highly lucrative STR/Airbnb. If you are looking for an enormous, modern, central house with its own unique designer style only minutes from Atlantic City’s best casinos, restaurants and white sandy beaches – look no further! Call today to schedule a showing!
  1. Listed by PAULA HARTMAN • BHHS FOX and ROACH-Margate
  2. Listed by TODD GORDON • BHHS FOX and ROACH-Margate III

Property Details for 114 South Raleigh Avenue

City/Community
Atlantic City
Class
MULTI-FAMILY
Parking - Exterior
None
Waterfront (Y/N)
No
LISTING UPDATED: 10/30/2024 09:44 AM

Property Details for 114 South Raleigh Avenue

StatusActive
MLS #583249
Days on Market249
Taxes$18,258 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMULTI-FAMILY / Triplex
Year Built-
Lot Size0.08 AC / 3,285 SF
CountyAtlantic County

Building Information for 114 South Raleigh Avenue

Stories-Residences3Year Built-Building Size-Lot Size0.08 AC / 3,285 SF

Property Information for 114 South Raleigh Avenue

Summary
Location and General Information
  • Address: 114 S Raleigh Ave
  • Address Direction: S
  • Address Number: 114
  • Address Search Number: 114
  • Address Street: Raleigh
  • Area: Atlantic City
  • County: Atlantic
  • Directions: /
  • Fips Code: 34001
  • Location: Beach Block, Water View
  • State: NJ
  • Street Designation: Ave
  • Zip: 08401
Parking
  • Garage: None
Taxes and HOA Information
  • LVT Date: 03-18-2024
  • Tax Year: 2022
  • Taxes: 18258
Property
Lot Information
  • Approved Short Sale?: No
  • Block #: 11
  • Lot #: 7
  • Lot Dimensions: 38.65x85
Property and Assessments
  • Age: 25+ Years
  • Associated Document Count: 0
  • New Construction: No
  • Total Assessment: 483400
  • Water: Public
  • Adult Community/55+: No
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Outside Features: Curbs, Ocean View, Sidewalks
  • Siding/Exterior: Brick
Interior Features
  • Air Conditioning: Central
  • Appliances: Dishwasher, Gas Stove, Microwave, Refrigerator, Self Cleaning Oven
  • Heating: Forced Air
  • Other Rooms: Living Room
Multi Family
Multi-Family Information
  • Annual Taxes: 18258
  • Limited Service (Y/N): No
  • Number Of Units: 3
  • Rental Information: See Remarks
  • Suitable For: Condo Conversion, Multi Family + Rooms
Unit 1
  • Unit 1 Baths: 2
  • Unit 1 Bedrooms: 4
Unit 2
  • Unit 2 Baths: 2
  • Unit 2 Bedrooms: 4
Unit 3
  • Unit 3 Baths: 2
  • Unit 3 Bedrooms: 4

Property History for 114 South Raleigh Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 114 South Raleigh Avenue

Taxable ValueLand$221,300Additions$628,500Total$849,800
Tax Record2023$30,295 ($2,525 / month)
Home Facts
Baths6Total Finished SqFt5,385 SqFtAbove Grade Finished SqFt5,385 SqFtStories3Lot Size3,284 SqFtStyleSingle Family ResidenceYear Built1920ZoningR-2CountyATLANTICAPN02 00011-0000-00007

Schools near 114 South Raleigh Avenue

This home is within Atlantic City Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Richmond Avenue Elementary School
PublicPK to 8

Atlantic City High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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114 South Raleigh Avenue is a multi-family home for sale in Atlantic City, NJ 08401. This property was listed for sale on March 18, 2024 by BHHS FOX and ROACH-Margate, it's currently listed at $1,699,900. It has been on the market for a total of 249 days and was last sold on July 25, 2022. This listing's school district is Atlantic City Public School District. Nearby schools include Richmond Avenue Elementary School and Atlantic City High School. 114 South Raleigh Avenue is a 0-bed, 0-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BHHS FOX and ROACH-Margate; BHHS FOX and ROACH-Margate III

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.