176-168 Chelsea Avenue, Long Branch, NJ 07740
New Listing
$5,349,000
Property Type:
Multi-Family
Bedrooms:
24
Baths:
18.1
Square Footage:
5,150
Lot Size (sq. ft.):
1,515,888,000
Status:
Active
Current Price:
$5,349,000
List Date:
11/18/2025
Last Modified:
11/19/2025
Description
Exceptional 16-unit investment at 176-168 Chelsea Ave, Long Branch! Spread across 34,800 sq ft (200' x 174') with three renovated buildings, offering 3-bedroom, 2-bedroom, 1-bedroom, and studio units. Turnkey and income-producing, this property is just minutes from Pier Village, the beach, Broadway shopping, and vibrant local dining. Perfect for investors seeking a rare combination of size, location, and modern updates in one of Long Branch's most sought-after neighborhoods.
More Information MLS# 22534758
Contract Info
List Price/SqFt: 1038.64
Status: Active
List Date: 2025-11-18
List Price: $5,349,000
Current Price: $5,349,000
Property Sub-Type: Multiple Buildings
Location
Area/Section: None
Middle School: Long Branch
House Number: 176-168
Street Name: Chelsea
Street Suffix: Avenue
County: Monmouth
Municipality: Long Branch (LON)
Postal City: Long Branch
State: NJ
Zip Code: 07740
Complex/Subdivision: None
Directions: 176-168 Chelsea Ave, Long Branch in GPS
General Property Info
# Units in Bldg: 16
Waterfront: No
# Levels: 3
Waterview: No
Lot Dimensions: 200 x 174
Basement: Yes
Garage: No
# Acres: 34800
# Car Garage: 0
Pool: No
Bedrooms: 24
Full Baths: 18
Half Baths: 1
Total Baths: 18.1
Apx SqFt: 5150
Apx Year Built: 1966
Tax and Legal
Asmnt - Total: 1044000
Deed Restricted: No
Taxes: 37260
Tax Year: 2024
Remarks & Misc
Excluded: Tenants personal belongings
Income & Expenses
Insurance Expense: 12000
Rep/Maint Expense: 2400
RE Tax Expense: 37260
Water/Sewer Expense: 14520
Gross Income: 448200
Net Income: 382020
Zoning
Residential: 1
Showing
Call Agent: 1
Water/Sewer
Public Sewer: 1
Public Water: 1
Basement
Partial: 1
Slab: 1
Cooling
Other: 1
Water Heater
Natural Gas: 1
Heating
Electric: 1
Natural Gas: 1
Parking
Assigned: 1
Paved: 1
Assessment Status
To Be Assessed: 1
Siding
Brick: 1
Vinyl: 1
Roof
Shingle: 1
Landlord Pays
Sewer: 1
Water: 1
Tenant Pays
Electricity: 1
Gas: 1
Property Features
Basement: Partial; Slab
Cooling: Other
Heating: Electric; Natural Gas
Water Heater: Natural Gas
Siding: Brick; Vinyl
Roof: Shingle
Parking: Assigned; Paved
Zoning: Residential
Assessment Status: To Be Assessed
Landlord Pays: Sewer; Water
Tenant Pays: Electricity; Gas
Showing: Call Agent
Listing Office:
Weichert Realtors
Listing Agent:
Michael Mizrahi
Last Updated: November - 19 - 2025
Broker Attribution:
732-539-8801
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. 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.