2118 1st

Avalon, NJ 08202

$4,175,000
Price
6
Beds
3,378 Sq. Ft.
$1,236 / Sq. Ft.
3,378
Sq. Ft.
$1,236
per Sq. Ft.

Description

Prime Avalon Luxury Retreat – A Rare Turnkey Investment & Lifestyle Opportunity! Welcome to 2118 1st Ave, Avalon, NJ—a meticulously renovated luxury beach home just two blocks from the beach, offering luxury living, strong investment potential, and a partial ocean view from the third-floor balcony. Spanning 3,378 sq. ft. across three floors, this 6-bedroom, 5.5-bath residence features high-end finishes, designer details, and multiple master suites, making it ideal for personal use or as a high-performing...Prime Avalon Luxury Retreat – A Rare Turnkey Investment & Lifestyle Opportunity! Welcome to 2118 1st Ave, Avalon, NJ—a meticulously renovated luxury beach home just two blocks from the beach, offering luxury living, strong investment potential, and a partial ocean view from the third-floor balcony. Spanning 3,378 sq. ft. across three floors, this 6-bedroom, 5.5-bath residence features high-end finishes, designer details, and multiple master suites, making it ideal for personal use or as a high-performing short-term luxury rental. This property is already operating as a top-tier short-term luxury rental, with strong bookings in place for multiple seasons, offering a rare opportunity for immediate cash flow. For qualified buyers, the seller is open to transferring ownership via the LLC that holds the property, which may offer potentially significant savings at closing (consult with your tax advisor). Additionally, the seller is willing to offer owner financing and is open to remaining involved in property management, ensuring a seamless transition for investors looking to maximize returns. Designed for both entertaining and relaxation, the home features a gourmet chef’s kitchen with Bosch stainless steel appliances, quartz countertops, and an oversized island. Expansive outdoor spaces include multiple decks, a heated pool with hot tub conversion, and a full outdoor kitchen with a built-in grill, sink, and seating area. A unique poolside garage, accessible from both ends, functions as a poolside cabana with seating, a TV, and a mini fridge while also providing ample storage for all of your beach and pool equipment. The home is being sold fully furnished with all professional designer-selected furnishings, allowing for a truly turnkey experience. To ensure years of worry-free enjoyment, the home is equipped with dual-zone HVAC and newer mechanical systems, including a tankless hot water heater and HVAC on the main floor replaced in 2023, a new coil and condenser on the upstairs furnace replaced in 2021, and a hot water heater on the third floor replaced in 2020. Located just steps from Avalon’s best beaches, dining, and entertainment, this property offers the perfect combination of coastal luxury and investment potential. Whether you’re looking for a smart investment, a private coastal retreat, or a blend of both, this Avalon gem delivers exceptional value and versatility. Schedule your private tour today and experience the Avalon lifestyle for yourself!
  1. Listed by Gregory Davis • VANGUARD REALTY ALLIANCE, LLC

Property Details for 2118 1st

MLS #
242381
DOM
206
Approx Year Built
2005
Class
RESIDENTIAL
Seasonal
Year Round Use
Location
Corner
Sale/Rent
For Sale
Type
Single Family
LISTING UPDATED: 03/08/2025 01:00 AM

Property Details for 2118 1st

StatusActive
MLS #242381
Days on Market212
Taxes$10,665 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeRESIDENTIAL / Single Family
Year Built2005
Lot Size0.12 AC / 5,040 SF
CountyCape May County

Building Information for 2118 1st

Stories-Year Built2005Building Size-Lot Size0.12 AC / 5,040 SF

Property Information for 2118 1st

Summary
Location and General Information
  • Area: Avalon
  • Address Number: 2118
  • District - Township: 01-Avalon Borough
  • Address Search Number: 2118.0
  • Address Street: First
  • City: Avalon
  • Street Designation: Avenue
  • Beach Proximity: 2 Blocks
  • Address: 2118 First Avenue
  • Status: ACTIVE
  • State: NJ
  • Zip: 08202
  • Status Detail: 0
Taxes and HOA Information
  • Taxes: $10,665.00
  • Tax Year: 2022
Parking
  • Parking/garage: Garage
Property
Lot Information
  • Approx Living Sq Ft: 3378.0
  • Construction: Three Story
  • Lot Size: 60 x 84
  • New Construction Y/N: No
  • Frontage: 60.0
  • Lot Number: 24
  • Block Number: 21.03
Property and Assessments
  • May B Sub to 3rd pty Appr: No
Utilities
  • Heating: Gas Natural, Forced Air, Multi-Zoned
  • Cooling: Central Air Condition, Electric, Ceiling Fan, Multi Zoned
  • Hot water: Gas- Natural, On Demand
  • Water: Public
  • Sewer: Public
Interior and Exterior Features
Interior Features
  • Other rooms: Living Room, Dining Room, Kitchen, Den/TV Room, Recreation/Family, Dining Area, Laundry/Utility Room, Loft, 1st Floor Primary Bedroom
  • Interior features: Bar, Cathedral Ceilings, Wood Flooring, Loft, Walk in Closet, Tile Flooring, Kitchen Island, Beverage Refrigerator
  • Total Rooms: 20
  • Total Baths: 5.1
  • Full Baths: 5
  • Bedrooms: 6
  • Lavs: 1.0
  • Appliances Included: Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Stove Natural Gas, Stainless steel appliance
  • Also Included: See Remarks
Exterior Features
  • EXTERIOR: Vinyl
  • Outside Features: Patio, Deck, Enclosed/Covered Patio, Porch, Grill, Fenced Yard, Sidewalks, Outside Shower, In Ground Pool, Whirpool/Spa

Property History for 2118 1st

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2118 1st

This home is within Avalon Elementary School District.
Rating
School
Type
Grades
Distance
Public - 5 to 8
Rating
School
Distance
Avalon Elementary School
Public5 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2118 1st is a single family home for sale in Avalon, NJ 08202. This property was listed for sale on August 14, 2024 by VANGUARD REALTY ALLIANCE, LLC, it's currently listed at $4,175,000. It has been on the market for a total of 212 days and was last sold on March 22, 2019. This listing's school district is Avalon Elementary School District. Nearby schools include Avalon Elementary School. 2118 1st is a 6-bed, 5-bath, 3,378 sqft single family home built in 2005.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of VANGUARD REALTY ALLIANCE, LLC

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by BRIGHT, Greator Scranton Board of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.