Welcome to 168-176 Chelsea Avenue, in Long Branch, where opportunity meets coastal charm. This 16-unit multifamily property sprawls across a spacious 200 x 172 lot, stones throw away from the exciting Pier Village. Comprising multiple buildings ripe for enhancement, this investment promises increased income potential with strategic updates. Ideal for savvy investors seeking to capitalize on Long Branch's burgeoning rental market, this property blends location, size, and renovation potential into an enticing package. Discover the allure of coastal living and investment growth at Chelsea Avenue.
Property Details
Property Features
Property Information:
Year Built: 1912
Living Area: 5,310 SqFt
Listing Office:
Office Name: Weichert Realtors
Office Phone: (732) 539-8801
Listing Agent: Michael Mizrahi
Interior Features
Interior Information:
Basement: Yes
Bedroom and Bathroom Information:
Full Bathrooms: 16
Total Bedroom Count: 22
Lot Features
Lot Information:
Lot Size: 0.39 Acres
Utilities
Utilities Information:
Heating: Other
Cooling: Multi Unit(s)
Price Information
Listing Price Info
Price Summary:
List Price: $3,895,000
Price Per SqFt: $734/SqFt
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Housing Market Comparison
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
4
/10
A a Anastasia Elementary School
92 7th Ave
Distance between this listing and this school0.45 miles
Public District Grades KG-5
2
/10
Gregory Elementary School
201 Monmouth Ave
Distance between this listing and this school0.59 miles
Public District Grades KG-5
6
/10
Betty McElmon Elementary School
20 Parker Rd
Distance between this listing and this school1.49 miles
Public District Grades PK-4
Nearby Schools
3
/10
Long Branch Middle School
350 Indiana Ave
Distance between this listing and this school0.52 miles
Public District Grades 6-8
6
/10
Maple Place Middle School
2 Maple Pl
Distance between this listing and this school1.45 miles
Public District Grades 5-8
5
/10
Frank Antonides School
135 Locust Ave Dept 2
Distance between this listing and this school1.47 miles
Public District Grades 4-8
Nearby Schools
2
/10
Long Branch High School
404 Indiana Ave
Distance between this listing and this school0.71 miles
Public District Grades 9-12
6
/10
Academy of Law & Public Safety
255 W End Ave
Distance between this listing and this school0.81 miles
Public District Grades 11-12
6
/10
Shore Regional High School
132 State Route 36 # 36
Distance between this listing and this school1.57 miles
The neighbors living near this home have an average income of $63,919. The most common annual income of people living in Long Branch, NJ is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
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This home is located at 168-176 Chelsea Ave in Long Branch, NJ and zip code 07740 in the Uptown Long Branch neighborhood. This 5,310 square foot home, which was built in 1912, sits on a 0.39 acre lot. Features: 22 bedrooms, 16 bathrooms. It has been listed on Rocket Homes since July 15, 2024 and is currently priced at $3,895,000.
Long Branch, NJ housing market in October 2024 saw over 1 listings sold above listed price, more than 4 sold at listed price and over 13 sold below. In October 2024 in Long Branch, NJ there were 2.7% more homes for sale than in September 2024. In October 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $765,000.
From Rocket Homes Real Estate and based on county public records data.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Monmouth/Ocean MLS Monmouth County Association Board of Realtors. IDX information 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. Real estate listings held by other brokerage firms are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2024 Monmouth/Ocean MLS Monmouth County Association Board of Realtors. All Rights Reserved.
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