About This Home

This 7-bedroom, 4-bathroom residential multi family at 38 N IOWA Ave in Lower Chelsea, NJ is listed for $569,000. on a N/A lot.

Property Details

4 full

Amenities

A/C
Listing Description

This is a turn key opportunity for great income. It is being offered without tenants and freshly painted. This grand old Duchess of a home sits on a beautiful wide avenue, Iowa Ave. It is just 2.5 blocks to the world famous Atlantic City Boardwalk and beach.

Great restaurants, shopping and Casino action are just a short stroll away. We have given this grand old lady a total make over, you can start renting it tomorrow....All new floors, windows, and beautiful bathrooms. The kitchen features all stainless steal appliances; microwave, refrigerator, and of course a gas stove.

Add in the granite counter tops for a perfect kitchen. Each of the 3 units come equipped with climate controls split heater/air-conditioners. All apartments offer 2 bedrooms, a dinning area, kitchen, upgraded shower and bathroom, and living room.

Monthly Cost Estimate

$3,043/mo

20% down · 6.5% · 30 years

Principal$412
Interest$2,466
Insurance$166

Estimates only. Actual payments may vary.

Location

38 N IOWA Ave

Lower Chelsea, NJ 08401

Features & Amenities

Exterior Features

CurbsDeckFenced YardPatioPorchShedSidewalks

Property Details

Outdoor Features

PatioDeckPorch

Parking

Offsite

Heating

ZonedForced AirElectric (Heating)

Cooling

ElectricZoned

Appliances

Gas StoveMicrowaveRefrigerator

Questions & Answers

This 7-bedroom, 4-bathroom residential multi family at 38 N IOWA Ave is listed at $569,000. The estimated monthly payment is $3,043 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Exterior Features: Curbs, Deck, Fenced Yard.

This property is listed by Kenneth Robinson.

KR

Kenneth Robinson

Agent at PRUDENTIAL FOX and ROACH-144H

Listed by PRUDENTIAL FOX and ROACH-144H · Broker phone: 6098224200 · View on Broker Site

MLS# 612947· Source: South Jersey Shore Regional MLS· 18 days on PropertySimple

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

38 N IOWA Ave, Lower Chelsea, NJ 08401

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