Turnkey waterfront 2-Family Opportunity in the Desirable Chelsea Heights Section of Atlantic City. This fully renovated and move-in ready duplex presents an exceptional investment opportunity with projected returns delivering a 12% cap rate once fully rented. Both units are currently vacant, giving the new owner the flexibility to set market rents immediately or choose an owner-occupant strategy while leasing the second unit. Each unit offers bright, spacious living areas with updated flooring throughout, fresh neutral paint, and abundant natural light. The kitchens feature white cabinetry creating a clean and modern feel. Bathrooms are well-maintained with classic tile surrounds and updated finishes. Both units include four bedrooms, providing excellent rental appeal and strong income potential. The layout of both units is functional and inviting, with generous room sizes and multiple windows that enhance the natural light throughout the home.
Located in the residential Chelsea Heights neighborhood of Atlantic City, this property offers a quieter setting while still being minutes from major roadways, waterfront access, casinos, and all that the city has to offer. Whether you're looking to add a high-yield property to your portfolio or occupy one unit while generating income from the other, this fully vacant and turnkey duplex is positioned to produce strong cash flow from day one once leased.
For sale
$450,000
1830 E Riverside Drive, Atlantic City, NJ 08400
8beds
2,707sqft
Est.:
Duplex
Built in 1900
-- sqft lot
$435,900 Zestimate®
$166/sqft
$-- HOA
What's special
Abundant natural lightFresh neutral paintGenerous room sizesWaterfront accessUpdated flooring throughout
- 35 days |
- 1,170 |
- 39 |
Zillow last checked: 7 hours ago
Listing updated: February 25, 2026 at 10:15am
Listed by:
Philip Rizzo 732-597-3169,
RE/MAX Revolution
Source: MoreMLS,MLS#: 22604815
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Baseboard
Cooling
- Multi Units
Features
- Basement: Crawl Space
Interior area
- Total structure area: 2,707
- Total interior livable area: 2,707 sqft
Property
Parking
- Parking features: Unpaved
Features
- Stories: 2
- Patio & porch: Deck
- Fencing: Fenced Area
- Has view: Yes
- View description: River
- Has water view: Yes
- Water view: River
Lot
- Size: 3,049.2 Square Feet
- Dimensions: 36 x 90.72
Details
- Parcel number: 0200676000000001
- Zoning description: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Brick
- Roof: Timberline
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: None
Location
- Region: Atlantic City
Financial & listing details
- Price per square foot: $166/sqft
- Tax assessed value: $192,500
- Annual tax amount: $6,507
- Date on market: 2/25/2026
- Exclusions: Personal property
Estimated market value
$435,900
$414,000 - $458,000
$1,846/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/25/2026 | Listed for sale | $450,000+25%$166/sqft |
Source: | ||
| 2/5/2026 | Sold | $360,000$133/sqft |
Source: Public Record Report a problem | ||
| 10/15/2025 | Sold | $360,000-4%$133/sqft |
Source: | ||
| 10/15/2025 | Contingent | $375,000$139/sqft |
Source: | ||
| 10/9/2025 | Listed for sale | $375,000$139/sqft |
Source: | ||
| 7/29/2025 | Pending sale | $375,000$139/sqft |
Source: | ||
| 6/18/2025 | Listed for sale | $375,000$139/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,645 | $192,500 |
| 2024 | $6,645 -3.2% | $192,500 |
| 2023 | $6,863 -8.6% | $192,500 |
| 2022 | $7,509 -0.8% | $192,500 |
| 2021 | $7,573 -5% | $192,500 |
| 2020 | $7,968 +12.8% | $192,500 -3.8% |
| 2019 | $7,066 | $200,000 |
| 2018 | $7,066 -8.5% | $200,000 |
| 2017 | $7,720 +12.8% | $200,000 |
| 2016 | $6,844 +2.2% | $200,000 |
| 2015 | $6,696 -4.8% | $200,000 |
| 2014 | $7,031 +17.5% | $200,000 -27.7% |
| 2013 | $5,986 +11.1% | $276,600 |
| 2012 | $5,385 +7.6% | $276,600 |
| 2011 | $5,004 +5.6% | $276,600 |
| 2010 | $4,738 +2.8% | $276,600 |
| 2009 | $4,608 +118.5% | $276,600 |
| 2008 | $2,109 +0.8% | $276,600 +388.7% |
| 2007 | $2,092 | $56,600 |
| 2006 | -- | $56,600 |
| 2005 | -- | $56,600 |
| 2004 | -- | $56,600 |
| 2003 | -- | $56,600 |
| 2002 | -- | $56,600 |
| 2001 | -- | $56,600 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,003/mo
Principal & interest
$2261
Property taxes
$742
More affordability tools
Climate risks
Neighborhood: 08401
Nearby schools
GreatSchools rating
- 3/10Dr M L King Jr School CompGrades: PK-8Distance: 0.3 mi
- 1/10Atlantic City High SchoolGrades: 9-12Distance: 1.8 mi
Local experts in 08401
- New Jersey
- Atlantic County
- Atlantic City
- 08401
- 1830 E Riverside Drive










