3009 Dune Drive, Unit 5

Avalon, NJ 08202

$1,395,000
Price
3
Beds
2
Baths
1,670 Sq. Ft.
$835 / Sq. Ft.
1,670
Sq. Ft.
$835
per Sq. Ft.

Description

Truly a rare find! This beautifully renovated two-story townhome is being sold WITH the Commercial Unit below it! The rental income from the Commercial unit (a linen rental company) makes the property much more affordable! Depending upon the type of financing, the Commercial unit’s rental income pays an approximate $300,000 mortgage! So if you’re thinking about purchasing and renting the property to others, then this property offers you dual income ($70,000 Gross Rent; $44,000 in 2024 from the townhome...Truly a rare find! This beautifully renovated two-story townhome is being sold WITH the Commercial Unit below it! The rental income from the Commercial unit (a linen rental company) makes the property much more affordable! Depending upon the type of financing, the Commercial unit’s rental income pays an approximate $300,000 mortgage! So if you’re thinking about purchasing and renting the property to others, then this property offers you dual income ($70,000 Gross Rent; $44,000 in 2024 from the townhome PLUS $26,400 from the Commercial Unit)…OR ALTERNATIVELY…knowing that you have the income from the Commercial unit, you can spend more time enjoying the 7 Mile Island, and less time renting! The Commercial unit’s rent pays two years’ worth of your Annual RE Tax & Condo Dues! There is just one Condo Fee and one Tax Bill, but TWO units! The spacious townhome has been extensively renovated and features close to 1,700 square feet of living area with 3 bedrooms and 2 bathrooms! There’s also ample outdoor living space with a patio area at the Main Entry, a private deck off the Living Room offering vistas & sunsets, and a private sundeck off the Master Bedroom. The front & rear sliding doors open the path for refreshing breezes! The First Floor of the townhome offers an open Living/Kitchen/Dining Area, one Bedroom and one Bathroom. The Second-Floor features 2 Bedrooms and 1 Bathroom. The Master Bedroom has a sliding glass door for convenient access to the private sun deck! The Commercial Unit has also been extensively renovated. It offers close to 1,000 square feet with a Powder Room and front & rear entrances. There’s a large parking lot in the rear of the building. This is an ideal “Park-n-Walk” location in the heart of Avalon, and there’s only two streets to cross on the way to amazing beaches! This location also affords easy access to the boardwalk and Avalon’s Public Library (across the street). The boardwalk spans along the ocean about half a mile from 32nd Street to 21st Street, and it’s the perfect setting for a relaxing walk or an invigorating run! Also, at 29th and 30th Street and the beach, you will find the fantastic Summer Salt Restaurant, Avalon’s Surfside Park with restrooms, changing rooms, foot rinse stations for cleaning-up on the way back from the beach, ice cream, and a playground. Check with the Borough for a list all sorts of events happening at Surfside Park during the season. For the recreation-minded, at 32nd Street and 39th Street, you’ll find Public recreational facilities including a track, exercise stations and a basketball court. To end the day, it’s a short walk to 33rd Street and the bay, where the Public Dock is a great place to watch the sunset with your favorite beverage, or to fish, crab, or swim!
  1. Listed by Daniel Bowersock • FERGUSON-DECHERT, INC

Property Details for 3009 Dune Drive, Unit 5

MLS #
242692
DOM
114
Approx Year Built
1986
Class
CONDO/TOWNHOUSE
Location
Island
Sale/Rent
For Sale
Type
Condo
LISTING UPDATED: 09/26/2024 04:59 PM

Property Details for 3009 Dune Drive, Unit 5

StatusActive
MLS #242692
Days on Market116
Taxes$3,959 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeCONDO/TOWNHOUSE / Condo
Year Built1986
CountyCape May County

Building Information for 3009 Dune Drive, Unit 5

Building/Complex3009 Dune DrFloor-Stories2Residences-Pet Policy-Year Built1986

Property Information for 3009 Dune Drive, Unit 5

Summary
Location and General Information
  • Area: Avalon
  • Address Number: 3009
  • District - Township: 01-Avalon Borough
  • SEASONAL/YEAR ROUND: YEAR ROUND USAGE
  • Near: Beach & Town
  • Address Search Number: 3009.0
  • Address Street: Dune
  • City: Avalon
  • Street Designation: Drive
  • Beach Proximity: 2 Blocks
  • Bay Proximity: 2 Blocks
  • Address: 3009 Dune Drive
  • Status: ACTIVE
  • State: NJ
  • Zip: 08202
  • Status Detail: 0
  • Number of Stories: Two
Taxes and HOA Information
  • Taxes: $3,959.00
  • Condo Fee: 8600
  • Tax Year: 2023
Property
Lot Information
  • Approx Living Sq Ft: 1670.0
  • New Construction Y/N: No
  • Possession: Closing
  • Lot Number: 30
  • Block Number: 38
Property and Assessments
  • May B Sub to 3rd pty Appr: No
Utilities
  • Heating: Electric
  • Cooling: Central Air, Ceiling Fan
  • Hot water: Electric
  • Water: City
  • Sewer: City
Interior and Exterior Features
Interior Features
  • Other rooms: Living Room, Kitchen, Dining Area
  • Total Baths: 2.0
  • Full Baths: 2
  • Bedrooms: 3
  • Lavs: 0.0
  • Unit Features: Hardwood Floors
  • Appliances Included: Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Smoke/Fire Detector, Stainless Steel Appliance
  • Common Area features: Deck/Porch
  • Also Included: Blinds, Furniture

Property History for 3009 Dune Drive, Unit 5

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3009 Dune Drive, Unit 5

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 3009 Dune Drive, Unit 5, Avalon, NJ 08202

3009 Dune Drive, Unit 5 is a condo for sale in Avalon, NJ 08202. This property was listed for sale on September 5, 2024 by FERGUSON-DECHERT, INC, it's currently listed at $1,395,000. This listing's school district is Avalon Elementary School District. Nearby schools include Avalon Elementary School. 3009 Dune Drive, Unit 5 is a 3-bed, 2-bath, 1,670 sqft condo built in 1986.

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 FERGUSON-DECHERT, 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.