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12-Family Apartment Building Under Renovation
For Sale
$4,299,000

88 Poplar Avenue, Deal, NJ 07723

Multi-Family, Deal, NJ

Property Size6,295 SF
Lot Size0.22 Acres
Price / SF$682.92
Days on Market87

Property Features for 88 Poplar Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Multi-Family
Bedrooms 12
Bathrooms 13
Full bathrooms 12
Half bathrooms 1
Rooms Bathroom 4, Bathroom 11, Bathroom 13, Bedroom 9, Bedroom 1, Bathroom 12, Bedroom 7, Bedroom 2, Bathroom 1, Bedroom 5, Bathroom 7, Bathroom 8, Basement, Bathroom 6, Bathroom 3, Bedroom 4, Bathroom 5, Bathroom 10, Bedroom 8, Bedroom 6, Bathroom 9, Bedroom 3, Bedroom 12, Bedroom 11, Bedroom 10, Bathroom 2
Parking features Oversize, Open, Off Street, On Street
Patio and Porch features Deck
Exterior features Deck
Basement Walk-Out Access, Full
Elementary school Deal
Middle school Deal
High school Hillel High
Directions 88 Poplar Ave, Deal NJ in GPS
Standard status Active
APN 11-00018-0000-00002
Size 6,295 SF
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11679

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1887
Floors in Building 3
Number of units 12
Building materials Stucco
Roof type Shingle
Listing Agency: American Homes Group
Listed By: Michael Mizrahi
Added: Jul 1 Changed: Sep 22 Last Checked: Sep 25 at 5:06AM
MLS# 22619856

Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 12-family apartment property encompasses 6,295 square feet on a 0.22-acre parcel. Built in 1887, the structure features stucco exterior construction, a shingle roof, a deck, and off-street, open, oversize, and on-street parking. Public water and public sewer serve the property.

A full interior and exterior renovation is underway, with rough construction completed and final finishes still required. The seller has also begun the condo conversion process and will provide available project documentation and information. The property is near restaurants, shopping, and houses of worship in Deal, New Jersey.

Key Highlights

  • 12‑family apartment property totaling 6,295 square feet
  • 0.22‑acre parcel in Deal, NJ 07723
  • Full interior and exterior renovation underway; rough construction completed

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Auto Repair Shop Barber Shop Electrical Service Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

452
Businesses Nearby

Demographics for 07723, NJ

1,263
Population
1,194
Households
1.1
Avg Household Size
40
Median Age
34%
College-Educated
94%
High-School Grad
1.6 sq mi
ZIP Area
789
Density / Sq Mi
$86,563
Median Household Income
$45,054
Median Earnings
$1,422
Median Rent
$1,341,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Rough construction is complete, with final interior and exterior finishes remaining for completion.
Where is this apartment building located?
The property is located at 88 Poplar Avenue Deal, NJ.
What is the asking price?
The asking price for this property is $4,299,000.
What are key features of this property?
This property features: 12‑family apartment property totaling 6,295 square feet; 0.22‑acre parcel in Deal, NJ 07723; Full interior and exterior renovation underway; rough construction completed
More about this property
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