118 Chelsea Way
Bridgewater Twp, NJ 08807
2 bd 2 ba 1,440 sqft Built 1977 condos
Most recent sale
$325,000
Feb 25, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 30, 2023 | Sold | $373,000 | Public Record |
| Jun 6, 2023 | Sold | $373,000 | GardenState |
| Mar 1, 2023 | Listed | $365,000 | GardenState |
| Feb 25, 2022 | Sold | $325,000 | MLS #3758519 |
| Mar 1, 1984 | Sold | $96,500 | Public Record |
| May 1, 1981 | Sold | $81,000 | Public Record |
| Apr 1, 1978 | Sold | $53,050 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $251,100 | $90,300 | $341,400 | $6,647 |
| 2024 | $251,100 | $90,300 | $341,400 | $6,728 |
| 2023 | $216,600 | $90,300 | $306,900 | $6,159 |
| 2022 | $186,800 | $90,300 | $277,100 | $5,780 |
| 2021 | $176,100 | $80,800 | $256,900 | $5,477 |
| 2020 | $173,800 | $71,300 | $245,100 | $5,216 |
| 2019 | $170,200 | $71,300 | $241,500 | $5,190 |
| 2018 | $166,600 | $71,300 | $237,900 | $5,101 |
| 2017 | $152,700 | $80,800 | $233,500 | $5,011 |
| 2016 | $152,200 | $71,300 | $223,500 | $4,727 |
| 2015 | $149,400 | $71,300 | $220,700 | $4,663 |
| 2014 | $134,500 | $71,300 | $205,800 | $4,414 |
| 2013 | $133,400 | $71,300 | $204,700 | $4,051 |
| 2012 | $129,700 | $95,000 | $224,700 | $4,273 |
| 2011 | $129,700 | $95,000 | $224,700 | $4,181 |
| 2010 | $135,100 | $95,000 | $230,100 | $4,347 |
| 2009 | $148,700 | $95,000 | $243,700 | $4,168 |
| 2008 | $148,700 | $114,000 | $262,700 | $4,366 |
| 2007 | $158,900 | $133,000 | $291,900 | $4,805 |
Property facts
Year built
1977
Property type
condos
Stories
—
Beds
2
Baths
2
Living area
1,440 sqft
Lot size
—
ZIP code
08807
City
Bridgewater Twp
Street
Chelsea Way
Coordinates
40.57418, -74.58128
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,160
Gross rental yield
7.98%
Implied cap rate
5.18%
Trend-extrapolated value
—
Frequently asked questions
When did 118 Chelsea Way last sell?
118 Chelsea Way most recently sold on Feb 25, 2022 for $325,000.
What is the current tax assessment for 118 Chelsea Way?
The most recent total assessment for 118 Chelsea Way (year 2025) is $341,400 with $6,647 in property tax.
How does 118 Chelsea Way's assessment compare to its last sale price?
The current assessment is 5.0% above the last sale price of $325,000.
When was 118 Chelsea Way built?
118 Chelsea Way was built in 1977.
How does 118 Chelsea Way compare to others on Chelsea Way?
We track 8 other properties on Chelsea Way. Browse the list under "Other properties on Chelsea Way" to compare beds, baths, and sale history.
What are the property facts for 118 Chelsea Way?
118 Chelsea Way is a 2 bed, 2 bath, 1,440 sqft condos.
Is 118 Chelsea Way a flip candidate?
No — 118 Chelsea Way does not appear in our flips dataset.
Is 118 Chelsea Way a tax-appeal candidate?
No — 118 Chelsea Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-0.7%
Implied 1-yr
-2.6%
2026 Q3
$649.3K
2026 Q4
$644.9K
ZIP 08807 — Median Price History + Forecast
Explore nearby
Geography
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