2118 First Avenue

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 J Davis • VRA Realty

Property Details for 2118 First Avenue

Tax ID Number
01-00021 03-00024
Ownership
Fee Simple
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Traditional, Contemporary
Levels/Stories
3
Furnished
Yes
LISTING UPDATED: 03/07/2025 03:21 PM

Property Details for 2118 First Avenue

StatusActive
MLS #NJCM2003884
Days on Market210
Taxes$11,529 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Fee Simple
Year Built2005
Lot Size0.12 AC / 5,040 SF
CountyCape May County

Building Information for 2118 First Avenue

Stories3Year Built2005Building Size-Lot Size0.12 AC / 5,040 SF

Property Information for 2118 First Avenue

Location
Location
  • School District Name: AVALON PUBLIC SCHOOLS
  • School District County ID: 300200397000
  • SchoolDistrictSource: Listing Agent
  • County: CAPE MAY
  • MLS Area: Avalon Boro (20501)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $1,877,700
  • Year Assessed: 2024
  • Improvement Assessed Value: $1,052,400
  • Land Assessed Value: $825,300
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R-1C
  • Tax Lot: 00024
  • Automatically Update Tax Values Y/N: Yes
  • TaxDataUpdatedYN: No
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Count Main Level: 2
  • # Bathrooms Full Main Level: 1
  • # Bathrooms Half Main Level: 1
All Upper Levels
  • # Bedrooms Count All Upper Levels: 1
  • # Bathrooms Count All Upper Levels: 1
  • # Bathrooms Full All Upper Levels: 1
Upper Level 1
  • # Bedrooms Count Upper Level: 1
  • # Bathrooms Count Upper Level: 1
  • # Bathrooms Full Upper Level: 1
All Lower Levels
  • # Bedrooms All Lower Levels: 4
  • # Bathrooms All Lower Levels: 3
  • # Bathrooms Full All Lower Levels: 3
Lower Level 1
  • # Bedrooms Lower Level: 4
  • # Bathrooms Lower Level: 3
  • # Bathrooms Full Lower Level: 3
Rooms
  • Stories: Lower 1, Main, Upper 1
Building Info
Building Info
  • Total Finished SQFT: 3,378.00
  • Total Finished SQFT Source: Estimated
  • Tax Total Finished SQFT: 3,478.00
  • Total SQFT: 3,378.00
  • Total SQFT Source: Estimated
  • Construction Materials: Vinyl Siding
  • Roof: Architectural Shingle
  • Ext Main Mid-res: http://bright-media02.prd.brightmls.com/bright/images/0000/8032/9798/0424/803297980424_512_384_WM_2ryGAAAtRbvt7OD9.jpg
  • Wall and Ceiling Types: Dry Wall
  • Flooring Type: Ceramic Tile, Hardwood
  • Foundation Details: Pilings
  • Room and Floor: Bedrooms-Main Level-1, Bathrooms Full-Main Level-1, Bathrooms Half-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Lower Level 1-1, Bedrooms-Lower Level 1-2, Bedrooms-Lower Level 1-3, Bedrooms-Lower Level 1-4, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Lower Level 1-1, Bathrooms Full-Lower Level 1-2, Bathrooms Full-Lower Level 1-3
  • # Bathrooms Full: 5
  • # Bathrooms Half: 1
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 60.00 x 84.00
  • Lot Dimensions Source: Assessor
  • Lot Features: Corner, Landscaping
  • Parcel ID: 3743304
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Detached Garage, Driveway, On Street
  • Num of Detached Garage Spaces: 1
  • Driveway - # of Spaces: 2
  • Total Garage Spaces: 1
  • Parking Features: Concrete Driveway, Private
  • Garage Features: Additional Storage Area, Garage - Side Entry, Garage Door Opener
Interior Features
Interior Features
  • Interior Features: Bar, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Bathroom - Stall Shower, WhirlPool/HotTub, Wood Floors
  • Fireplace: No
  • Appliances: Built-In Microwave, Commercial Range, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Washer, Water Heater - Tankless, Water Heater
  • Accessibility Features: None
  • Window Features: Atrium, Bay/Bow, Casement, Double Hung
  • Laundry Type: Dryer In Unit, Hookup, Lower Floor, Upper Floor, Washer In Unit
  • Virtual Tour URL Unbranded: https://drive.google.com/file/d/1AeEJ7o0qnyTbpY3ZT-sGgVQUZ_VRHJ8N/view?usp=drive_link
Exterior Features
Exterior Features
  • Spa: Yes
  • Spa Features: Heated
  • Exterior Features: BBQ Grill, Gutter System, Hot Tub, Outside Shower, Sidewalks, Other
  • Outdoor Living Structures: Deck(s), Patio(s), Porch(es)
  • Pool: Yes - Personal
  • Personal Pool Features: Concrete, Heated, In Ground, Pool/Spa Combo
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Cooling Type: Central A/C, Multi Units, Zoned
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas, Multi-tank, Tankless
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Tri-County Suburban REALTORS

Property History for 2118 First Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 2118 First Avenue

Taxable ValueLand$825,300Additions$1,052,400Total$1,877,700
Tax Record2023$11,435 ($953 / month)
Home Facts
Beds0Total Finished SqFt3,478 SqFtAbove Grade Finished SqFt3,478 SqFtStories3Lot Size5,040 SqFtStyleSingle Family ResidenceYear Built2005ZoningR-1CCountyCAPE MAYAPN01 00021- 03-00024

Schools near 2118 First Avenue

This home is within Avalon Elementary School District.
Rating
School
Type
Grades
Distance
Avalon Elementary School
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.

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More information about 2118 First Avenue, Avalon, NJ 08202

2118 First Avenue is a single family home for sale in Avalon, NJ 08202. This property was listed for sale on August 14, 2024 by VRA Realty, it's currently listed at $4,175,000. It has been on the market for a total of 210 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 First Avenue is a 6-bed, 5.5-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 VRA Realty

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.