224 21st Street, Unit 2

Avalon, NJ 08202

$2,100,000
Price
4
Beds
2
Baths
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

Amazing Mixed-Use Investment Opportunity! This unique property offers an exceptional chance to own a mixed-use building in the heart of Avalon’s thriving business district. With a spacious two-story residence on the upper levels, and a commercial restaurant space on the first floor, this property is perfect for investors or those wanting to live in a vibrant community while generating rental income. The upper residential nine room unit boasts a spacious, comfortable two-story layout with open-concept...Amazing Mixed-Use Investment Opportunity! This unique property offers an exceptional chance to own a mixed-use building in the heart of Avalon’s thriving business district. With a spacious two-story residence on the upper levels, and a commercial restaurant space on the first floor, this property is perfect for investors or those wanting to live in a vibrant community while generating rental income. The upper residential nine room unit boasts a spacious, comfortable two-story layout with open-concept living and dining area is filled with natural light, complemented by an updated kitchen with modern appliances, four bedrooms, two baths and a private deck. This versatile unit is perfect for an owner-occupant or as an additional source of rental income. The first floor features a high-visibility restaurant space ideally situated in Avalon’s bustling district. It includes an updated interior and is currently home to one of Avalon's most iconic businesses. The commercial unit has a separate entrance from the residential space, providing privacy for both tenants or owners. This space offers a fantastic opportunity for a restaurateur looking to make their mark or for an investor seeking a reliable rental property in a prime location. Located in Avalon’s vibrant commercial area with strong foot traffic, this property is an incredible investment opportunity with multiple income streams. You could live in the residential unit while renting out the commercial space, or lease both for even greater returns. Please note that the sale is subject to the final condominium conversion process. The sale consists of real estate only. The business and owner's equipment are not included in the sale. Don’t miss this rare chance to own a mixed-use gem in Avalon’s sought-after business district. Contact us today to schedule a viewing and explore the possibilities this property offers.
  1. Listed by Jonathan Lakose • A LEWIS PURDY REAL ESTATE INC

Property Details for 224 21st Street, Unit 2

MLS #
243394
DOM
1
Approx Year Built
1935
Class
CONDO/TOWNHOUSE
Location
Island
Sale/Rent
For Sale
Type
Townhouse
LISTING UPDATED: 11/18/2024 12:10 PM

Property Details for 224 21st Street, Unit 2

StatusActive
MLS #243394
Days on Market3
Taxes$6,496 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCONDO/TOWNHOUSE / Townhouse
Year Built1935
CountyCape May County

Building Information for 224 21st Street, Unit 2

Building/Complex224 21st StFloor-Stories2Residences-Pet Policy-Year Built1935

Property Information for 224 21st Street, Unit 2

Summary
Location and General Information
  • Area: Avalon
  • Address Number: 224
  • District - Township: 01-Avalon Borough
  • SEASONAL/YEAR ROUND: YEAR ROUND USAGE
  • Address Search Number: 224.0
  • Address Street: 21st
  • City: Avalon
  • Street Designation: Street
  • Beach Proximity: 3 Blocks
  • Bay Proximity: 1 Block
  • Address: 224 21st Street
  • Status: ACTIVE
  • Zoned: B-1
  • State: NJ
  • Zip: 08202
  • Status Detail: 0
  • Number of Stories: Two
Taxes and HOA Information
  • Taxes: $6,496.00
  • Condo Fee: Unknown
  • Tax Year: 2023
Property
Lot Information
  • New Construction Y/N: No
  • Lot Number: 48.226
  • Block Number: 21.04
Property and Assessments
  • May B Sub to 3rd pty Appr: No
Utilities
  • Heating: Gas Natural, Electric, Forced Air
  • Cooling: Central Air, Electric
  • Hot water: Gas
  • Water: City
  • Sewer: City
Interior and Exterior Features
Interior Features
  • Other rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room
  • Total Baths: 2.0
  • Full Baths: 2
  • Bedrooms: 4
  • Lavs: 0.0
  • Appliances Included: Range, Oven, Microwave Oven, Washer, Dryer, Dishwasher, Disposal
  • Common Area features: Deck/Porch
Exterior Features
  • UNIT LOCATION: Top Floor

Property History for 224 21st Street, Unit 2

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 224 21st Street, Unit 2

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

Homes for Sale near Avalon Center

Neighborhoods

Cities

ZIPs

More information about 224 21st Street, Unit 2, Avalon, NJ 08202

224 21st Street, Unit 2 is a condo for sale in Avalon, NJ 08202. This property was listed for sale on November 17, 2024 by A LEWIS PURDY REAL ESTATE INC, it's currently listed at $2,100,000. This listing's school district is Avalon Elementary School District. Nearby schools include Avalon Elementary School. 224 21st Street, Unit 2 is a 4-bed, 2-bath, condo built in 1935.

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 A LEWIS PURDY REAL ESTATE INC

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.