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Marjorie Dick Stuart

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2118 First Ave, AVALON, NJ – $4,175,000

  • 6 Beds
  • Baths
  • 3,378 Sqft
  • .12 Acres
  • 6 Beds
  • Baths
  • 3,378 Sqft
  • .12 Acres

2118 First Ave

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!

Essential Information

  • MLS® #NJCM2003884
  • Price$4,175,000
  • Bedrooms6
  • Bathrooms5.50
  • Full Baths5
  • Half Baths1
  • Square Footage3,378
  • Acres0.12
  • Year Built2005
  • TypeResidential
  • Sub-TypeDetached
  • StyleTraditional, Contemporary
  • StatusActive

Community Information

  • Address2118 First Ave
  • AreaAvalon Boro (20501)
  • SubdivisionNONE
  • CityAVALON
  • CountyCAPE MAY-NJ
  • StateNJ
  • MunicipalityAVALON BORO
  • Zip Code08202

Amenities

  • ParkingConcrete Driveway, Private
  • # of Garages1
  • Has PoolYes

Amenities

Bar, Entry Lvl BR, Pantry, Master Bath(s), Stall Shower, Wpool Jets, Wood Floors

Utilities

Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available

Garages

Additional Storage Area, Garage - Side Entry, Garage Door Opener

Pool

Concrete, Heated, Pool (In-Ground), Pool/Spa Combo

Interior

  • Interior FeaturesFloor Plan-Open
  • HeatingForced Air
  • # of Stories3
  • Stories3

Appliances

Built-In Microwave, Commercial Range, Dishwasher, Disposal, Dryer, Extra Refrg/Frz, Microwave, Oven/Range-Gas, Range hood, Refrigerator, Six burner stove, Washer, Water Heater - Tankless, Water Heater

Cooling

Central A/C, Multi Units, Zoned

Exterior

  • ExteriorVinyl Siding
  • Lot DescriptionCorner Lot, Landscaping
  • RoofArchitectural Shingle
  • FoundationPilings

Exterior Features

BBQ Grill, Gutter System, Hot Tub, Outside Shower, Sidewalks, Other, Deck(s), Patio, Porch(es), Concrete, Pool (In-Ground), Pool/Spa Combo

Windows

Atrium, Bay/Bow, Casement, Double Hung

School Information

  • DistrictAVALON PUBLIC SCHOOLS

Additional Information

  • Date ListedAugust 16th, 2024
  • Days on Market231
  • ZoningR-1C

Listing Details

  • OfficeVRA Realty
  • Office Contact4848001777
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Price Change History for 2118 First Ave, AVALON, NJ (MLS® #NJCM2003884)

Date Details Price Change
Price Reduced (from $4,199,999) $4,175,000 $24,999 (0.60%)

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Listing information last updated on April 3rd, 2025 at 3:45am CDT.