2988 Avalon Avenue
Avalon, NJ, 08202 $ 4,200,000
Bedrooms5 Baths2.0 Sq 2,296 Monthly Estimate*
$ 26,203
for $4,200,000 with 5 bedrooms and 2 full baths. This 2,296 square foot home was built in 1977.
Imagine enjoying your summers in Avalon â relaxing on your expansive deck, perfectly positioned on a corner lot with ocean views from every angle, just one cross street from the beach. At 50â by 110â, this property offers an ideal Avalon location â steps to the sand, playground, recreation center, and boardwalk, plus just a quick walk to Avalonâs favorite restaurants and shops. Enjoy this classic Avalon beach house immediately while knowing that the site offers an exceptional redevelopment opportunity with a chance to build your dream 3-story, 3,850 sq. ft. home complete with space for a pool, cabana, and backyard oasis. Whether you keep it classic or build new, this is an Avalon property for your family for years to come. Step inside the first floor through the tiled foyer and into the cozy family room. A bay window facing east brings in natural morning light, complementing the hardwood flooring and providing the perfect spot to relax after a day at the beach. This room offers flexibility and can also be used as an additional sleeping option. Down the hall, youâll find two comfortable bedrooms: one spacious room with a king bed, and plantation shutters and another guest room with twin beds, both bedrooms sharing a hall bathroom. A laundry room on the first floor features a washer, dryer, and side-entry access, ideal after a sandy day. Adjacent to the laundry room, a smaller-sized bedroom is available for overflow guests or a quiet flex space or office. Heading up to the second floor, enjoy an open layout featuring vaulted ceilings accented with exposed beams. The living room is anchored by a brick wood-burning fireplace, perfect for cool evenings enjoying the ocean breeze. Two large sliding glass doors lead to the east-facing deck, offering expansive ocean views. The kitchen is bright and airy, with stone countertops, a tile backsplash, and stainless-steel GE appliances. Two additional bedrooms are included on the second level. A larger bedroom with a queen-sized bed and private access to a rear deck â catching southeast ocean vistas, and the second bedroom featuring twin beds. Both have convenient access to a hallway bathroom. A spiral staircase leads up to the third floor, opening to a charming sitting area. This top-floor retreat features yet another deck â showcasing some of the propertyâs best unobstructed ocean views, and the perfect place for a morning coffee before hitting the beach. Beyond the comfort and layout, the homeâs exterior is low maintenance, featuring a stone yard area, an outdoor shower, and ample space for parking beneath the house. This property is classic Avalon at its best â a comfortable, welcoming home perfectly positioned to become your familyâs summer retreat for years to come. With its prime corner lot location and ocean views from multiple vantage points, it offers not just immediate enjoyment but also a one-of-a-kind opportunity to create something special as your family grows in the years ahead.
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FeaturesInteriorInterior Amenities Cathedral Ceilings Wood Flooring Wall to Wall Carpet Fireplace- Wood Tile Flooring Kitchen Island
Basement Crawl Space Slab
Beds 5
Total Baths 2
Appliances Included Oven Self-Clean Oven Microwave Oven Refrigerator Washer Dryer Dishwasher Disposal Stove Electric Stainless steel appliance
Hot Water Electric
Total Rooms 11
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GeneralHeating Gas Natural Forced Air
Cooling Central Air Condition Ceiling Fan
Possession Closing
Zoning Res
Water City
Sewer City
Construction Two Story Upside Down
Full Baths 2
Year Built 1977
Other Rooms Living Room Kitchen Den/TV Room Dining Area Laundry/Utility Room
County Cape May
Class RESIDENTIAL
Type Single Family
Tax Year 2024
New Construction Y/N No
Status ACTIVE
Sale/Rent For Sale
Status Detail 0
Location Corner Island Water View
City Avalon
Taxes 9285
DOM 246
Price Per Sq Ft Total AG 1829.27
Seasonal Year Round Use
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ExteriorExterior Vinyl
Exterior Amenities Deck Storage Building Cable TV Outside Shower
Parking/Garage 2 Car Detached
Lot Dimensions 50 x 110
Lot Size 1 to 6000 SqFt
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* Excluded FeaturesList ByKathleen SudellListing Agent
Ferguson-Dechert, IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $26,203
- Monthly Property Taxes
- $774
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Avalon, NJ
Average List Price $5,317,018
Percent of Sale Price 27%
About Avalon, NJ 1,484 Population
-31% Since 2002
$ 85,326 Median Income
65.03 Median Age
6% Households with Children
Trends Information provided by ATTOM Data Solutions.
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/7/2025 | $4,200,000 | | Listed Price |