Residential > House
Active
08/14/2024
List Price
$3,999,000$1,184/ft²
2118 1st Ave
Avalon, NJ 08202
- 6Beds
- 6Baths
- 3,378ft²Living Area
- 5,040ft²Lot Size
- -Pool
- -Car
- 2005Year Built
- 349DOM
- 2Permits
2118 1st Ave, Avalon, NJ 08202 is a 6 bed, 6 bath, 3,378 ft² house built in 2005 on a 0.116 acre lot with 2 construction permits. This house is currently listed for $3,999,000, and it was last sold in 2019 for $1,500,000.
MLS Description
The listing agent's description. Original Listing
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!
Listing Agents
The listing agent for 2118 1st Ave is Gregory Davis.
GD
Gregory Davis
VANGUARD REALTY ALLIANCE, LLC
License: 2295401
Phone: (484) 800-1777
Permits
2118 1st Ave has 2 permit records.
Permit History
2
Permits
Current Ownership
Information about the current owner(s).
Taxes Billed
Taxes billed in 2023$11,435.19From latest Total Assessed Value0.61%Total Assessed Value$1,877,700=Land+
Assessed Value$825,300Additions
Assessed Value$1,052,400
In 2023, taxes billed for 2118 1st Ave were $11,435.19, which is 0.61% from latest Total Assessed Value of $1,877,700.
Property History
2118 1st Ave has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).
Property Events
Environment
Environmental factors around 2118 1st Ave
Hazard Risks
Hurricane174Carb Mono150Ozone120Air Pollution116Weather108Lead104Nat'l Avg100Particulates94Wind58Tornado33Earthquake31Hail16
12 hazards (Carbon Monoxide, Earthquake Risk, Hail Index, Tornado Index, Hurricane Index, Air Pollution Index, Ozone Index, Wind Index, Weather Risk, Lead Index, Particulate Matter, National Average) are above the national average around 2118 1st Ave.
Walkability Index
11 /20
Most Walkable
20-18
Very Walkable
17-15
Somewhat Walkable
14-10
Car Dependent
9-0
2118 1st Ave has a walkability score of 11 out of 20, which means that it is in a somewhat walkable area.
Temperature
Seasonal temperature sampled over multiple years
Winter
Average
Low
28°F
High
44°F
Summer
Average
Low
65°F
High
82°F
In the winter at 2118 1st Ave, temperatures range from 28.1°F to 43.7°F with an average of 35.9°F. In the summer, the temperature ranges from 64.73°F to 81.67°F with and average of 73.2°F.
School Information
Public/private schools serving 2118 1st Ave
Public Schools
Stone Harbor Elementary School
Grades: KG-4
3.82 mi
A-
Middle Township High School
Grades: 9-12
5.80 mi
D+
Avalon Elementary School
Grades: 5-8
0.57 mi
B-
* The school rating is based entirely on the test score performance of each school. It is based on a scale of A-F, A being best.
Nearby public schools serving 2118 1st Ave have ratings undefined, undefined, and undefined.
Neighborhood
This property is located in Avalon.
Seasonal Housing units 08202
90%of housing is for seasonal rent.
Daytime Population for 08202
-11%of people during work hours.
Crime Index for 08202
161
161
The crime index in 08202 is 161, which is 1.6 times higher than national average.
Market Trends
Historical market data near 2118 1st Ave over selected time period.
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