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88 Poplar Avenue, Deal, NJ, 07723

12beds
13baths
6,295sqft
$4,299,000
$683price/sqft
$30,067/moest. monthly cost
$1,202,680/yrincome needed

About This Home

Exceptional opportunity to complete a premier investment in the heart of Deal! Ideally located near restaurants, shopping, and houses of worship, this 12-family property is undergoing a full interior and exterior renovation. The rough construction has already been completed, providing the next owner with the opportunity to bring the project across the finish line by installing the final finishes. Perfect for a contractor, developer, or experienced investor looking to add significant value. The seller has also initiated the condo conversion process and will provide all available documentation and information to the buyer. A rare chance to customize and capitalize on a prime Deal location.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
42
BikeSomewhat Bikeable

Schools

4/10
Deal Elementary SchoolGrades K-80.7 mi

Construction

Condition

  • Year built: 1887

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Walk-Out Access,Full

Bedrooms & Bathrooms

  • Bedrooms: 12
  • Bathrooms: 13
  • Full bathrooms: 12
  • 1/2 bathrooms: 1

Interior Area

  • Total structure area: 6,295
  • Total interior livable area: 6,295 sqft

Property

Details

  • Parcel number: 1100018000000002
  • Zoning description: Multi-Family

Features

  • Stories: 3
  • Patio & porch: Deck

Lot

  • Lot size: 9,583 sqft
  • Lot size dimensions: 100 x 100

Parking

  • Total spaces: 6
  • Parking features: Open,Paved,Off Street,On Street,Detached,Oversized
  • Has garage: Yes
  • Attached garage spaces: 6
  • Covered spaces: 6

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Heat Wave
    Heat WaveModerate
  • Winter Weather
    Winter WeatherModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Strong Wind
Heat Wave
Winter Weather
Tsunami

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $21,738$260,856
Home Insurance *$2,155$25,860
Property Taxes $5,481$65,772
Electricity $693$8,327
Total$30,067$360,804
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$1,030,868/yr
40% on housing$902,010/yr
45% on housing$801,786/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.2%
9.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$683This listing

vs Other Active Listings

Avg $/sqft

ZIP 07723$1,783
Monmouth County$425

vs Homes Sold Last Month

Median $/sqft

ZIP 07723$1,160
Monmouth County$384

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-01Listed for sale$4,299,000
2024-05-17Listing removed--
2024-04-01Listed for sale$3,500,000
2024-04-01Listing removed--
2023-08-10Listed for sale$3,500,000

For Sale by Agent

AgentMichael Mizrahi
BrokerageAmerican Homes Group

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