Active

Price cut: $100K (9/22)

$1,399,000

280 Chelsea Ave, Long Branch City, NJ 07740

10beds

3,000sqft

$9,224/mo

Get pre-qualified

Multi Family

Built in 1907

-- sqft lot

$-- Zestimate^®

$466/sqft

$-- HOA

What's special

New fenceNewer boilerConvenient on-site coin-operated laundryThree newer kitchensNew roof

Rare opportunity to own a well-maintained 3-family property generating approximately $9,400 per month in rental income! This impressive income-producing property features 10 bedrooms and 4 full bathrooms, offering strong rental potential and an attractive opportunity for both investors and owner-occupants. Recent improvements include three newer kitchens, a new roof, new windows throughout half of the house, a new fence, and a newer boiler, providing peace of mind and reducing near-term capital expenses. The property also features convenient on-site coin-operated laundry, offering tenants added convenience while generating an additional stream of income for the owner. With substantial rental income, multiple recent upgrades, and a desirable 3-family layout, 280 Chelsea Avenue presents anexcellent opportunity to add a strong cash-flowing asset to your portfolio.

16 days
362
20

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 3
Full bathrooms: 3

Heating

Forced Air, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range/Oven - Gas, Refrigerator, Gas Water Heater

Features

Bedrooms, Kitchen
Basement: Yes,Finished,Full,Walk-Out Access
Has fireplace: No

Interior area

Total structure area: 3,000
Total interior livable area: 3,000 sqft

Property

Parking

Total spaces: 4
Parking features: Shared Driveway, None
Uncovered spaces: 4

Features

Levels: Two
Stories: 2

Lot

Size: 7,405 Square Feet
Dimensions: 50 x 150

Details

Parcel number: 2227001940000000080000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1907

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Community

Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector, Fire Extinguisher

Location

Region: Long Branch

Financial & listing details

Price per square foot: $466/sqft
Tax assessed value: $778,200
Annual tax amount: $11,275
Date on market: 9/28/2026
Total actual rent: 9075
Tenant pays: Gas, Tenant Pays Heat, Water, Tenant Pays Gas, Tenant Pays Water

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/22/2026	Price change	$1,399,000-6.7%$466/sqft
Source: MoreMLS #22628177 Report a problem
9/8/2026	Listed for sale	$1,499,000+105.3%$500/sqft
Source: MoreMLS #22628177 Report a problem
4/17/2024	Sold	$730,000-2.5%$243/sqft
Source: MoreMLS #22328780 Report a problem
2/12/2024	Pending sale	$749,000$250/sqft
Source: MoreMLS #22328780 Report a problem
10/14/2023	Listed for sale	$749,000+46.9%$250/sqft
Source: MoreMLS #22328780 Report a problem
12/10/2005	Sold	$509,850+242.2%$170/sqft
Source: Public Record Report a problem
9/28/2001	Sold	$149,000+25.7%$50/sqft
Source: Public Record Report a problem
12/2/1994	Sold	$118,500$40/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$11,554 +7.7%	$751,700 +7.7%
2024	$10,725 +10.2%	$697,800 +11.4%
2023	$9,730 +5.4%	$626,500 +21.7%
2022	$9,234 +6%	$515,000 +18.3%
2021	$8,712 +1.6%	$435,400 +3.1%
2020	$8,576 +2.4%	$422,500 +3.6%
2019	$8,378	$408,000 +3%
2018	$8,378 +6.9%	$396,300 +1.5%
2017	$7,835 +25.9%	$390,500 +0.7%
2016	$6,222 +8.9%	$387,700 +38.8%
2015	$5,716 +3.4%	$279,400 +3.3%
2014	$5,526 +7.6%	$270,500
2012	$5,134 +1.1%	$270,500
2011	$5,077 -5.1%	$270,500
2010	$5,348 +3.6%	$270,500 -25.5%
2009	$5,163	$363,100
2008	--	$363,100
2007	--	$363,100 +102.3%
2006	--	$179,500 +6.2%
2005	--	$169,000
2003	--	$169,000 +33.5%
2002	--	$126,600
2001	--	$126,600