NOT LISTED FOR SALE

127 Chelsea Ave Long Branch, NJ 07740

Estimated Value: $1,372,000 - $1,931,468

11 Beds
4 Baths
2,494 Sq Ft
$681/Sq Ft Est. Value

Last Sold May 01, 2024

Last sale price $2,000,000 $802 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $10,175/month

99 Days on Market

Highlights

  • 0.53 Acre Lot
  • Zoned Heating and Cooling System
  • Baseboard Heating
  • 7 Fireplaces

About This Home

As of May 2024

Stunning 5-bedroom Victorian home on acre; only 1.5 blocks to Pier Village/Beach & 3 blocks to the train station & Monmouth Medical Center! Large updated duplex home (3 beds/each side) at rear of property that's accessed from a separate street for privacy from main home! Possibilities are endless...use the Victorian for yourself & rent out the duplex, make a family compound/mother daughter or perfect for many investment uses. Many renovations done including kitchen & bath while keeping the original character of the home including floors, doors, moldings, banister & fireplaces. Features mahogany wrap around porch, butler's pantry, 12' ceilings, pocket doors, full dry basement & attic that can be finished! View the fireworks from the front porch of your dream Victorian home by the sea!

Last Agent to Sell the Property

Judith Collan

Keller Williams Realty Spring Lake License #0560934 Listed on: 12/11/2023

Keller Williams Realty Spring Lake

Last Buyer's Agent

Andrea DiPilato

Preferred Properties Real Estate License #1432576

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,438

Year Built

  • Built in 1870

Lot Details

  • 0.53 Acre Lot
  • Lot Dimensions are 100x230

Parking

  • 8 Parking Spaces

Home Design

  • Triplex

Interior Spaces

  • 2-Story Property
  • 7 Fireplaces
  • Basement Fills Entire Space Under The House
  • Stove

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Long Branch Middle School

Utilities

  • Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Furnace
  • Baseboard Heating
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 3 Units

Listing and Financial Details

  • Exclusions: Chandelier in Butler's pantry, red living rm & pink bedroom. 1st floor bath mirror, washer & dryer.
  • Assessor Parcel Number 27-00286-0000-00009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,438

Year Built

Built in 1870

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Three Family
  • Subdivision Name: None
  • Year Built: 1870
  • General Property Info Waterview: No
  • General Property Info Fireplace: Yes
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 100x230
  • Location Middle School: Long Branch
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • General Property Info # Fireplaces: 7.0
  • General Property Info # Parking Spaces: 8.0
  • Unit 1 Washer2: Yes
  • Unit 1 Water Heater: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 2 Water Heater2: Yes
  • Unit 1 Dryer2: Yes
  • Unit 1 Furnace: Yes
  • Cooling Single Zone Heat: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 3 Gas Stove3: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 3 Water Heater3: Yes
  • Unit 3 Dryer4: Yes
  • Unit 3 Washer4: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 11
  • Fireplaces: 7
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.53
  • Waterfront: No
  • Exclusions: Chandelier in Butler's pantry, red living rm & pink bedroom. 1st floor bath mirror, washer & dryer.

Garage/Parking

  • Garage: No
  • Total Parking Spaces: 8.0
  • General Property Info:Garage: No

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Radiant, Baseboard
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Baseboard: Yes
  • Heating:Radiant: Yes

Schools

  • Middle Or Junior School: Long Branch

Lot Info

  • Lot Dimensions: 100x230
  • Lot Size Sq Ft: 23086.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 27-00286-0000-00009
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2023
Closed on
May 13, 2024
Sold by
Palazzo Salvatore J and Palazzo Cynthia L
Bought by
Dellanno Robert and Dellanno Kathy
Seller's Agent
Judith Collan
Keller Williams Realty Spring Lake
Buyer's Agent
Andrea DiPilato
Preferred Properties Real Estate
List Price
$3,150,000
Sold Price
$2,000,000
Premium/Discount to List
-$1,150,000
-36.51%
Views
40
Current Estimated Value
$1,699,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$300,383
Avg. Annual Appreciation
-11.12%

Purchase Details

Closed on
Oct 7, 2019
Sold by
Palazzo Salvatore J and Palazzo Cynthia L
Bought by
Palazzo Salvatore J and Palazzo Cynthia L

Purchase Details

Closed on
Apr 25, 2013
Sold by
Palazzo Lindsay
Bought by
Palazzo Salvatore J and Palazzo Cynthia L

Purchase Details

Closed on
Dec 31, 2012
Sold by
Palazzo Salvatore J and Palazzo Cynthai L
Bought by
Palazzo Lindsay and Palazzo Louis T

Purchase Details

Closed on
Apr 8, 2011
Sold by
Palazzo Salvatore J
Bought by
Palazzo Salvatore J and Palazzo Cynthia L
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Dellanno Robert $2,000,000 Trident Abstract Title
Dellanno Robert $2,000,000 Trident Abstract Title
Palazzo Salvatore J -- Trident Abstract Title
Palazzo Salvatore J -- None Available
Palazzo Salvatore J -- None Available
Palazzo Lindsay $453,000 None Available
Palazzo Salvatore J $453,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palazzo Mary A $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2024 05/01/24 Sold $2,000,000 -13.0% $802 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
02/14/2024 02/14/24 Price Changed $2,300,000 -14.8% $922 / Sq Ft
01/08/2024 01/08/24 Price Changed $2,700,000 -14.3% $1,083 / Sq Ft
12/11/2023 12/11/23 For Sale $3,150,000 -- $1,263 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,438 $947,400 $261,800 $685,600
2024 $12,716 $874,300 $231,800 $642,500
2023 $12,716 $818,800 $191,800 $627,000
2022 $12,806 $694,000 $156,800 $537,200
2021 $12,806 $640,000 $137,800 $502,200
2020 $13,299 $636,300 $136,800 $499,500
2019 $12,482 $593,800 $126,800 $467,000
2018 $12,287 $581,200 $118,800 $462,400
2017 $11,550 $560,400 $106,800 $453,600
2016 $11,192 $553,800 $111,800 $442,000
2015 $10,478 $470,500 $120,700 $349,800
2014 $9,380 $443,900 $133,400 $310,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22333606

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 27-00286-0000-00009