2118 First Avenue
Avalon, NJ 08202
- 6 beds
- 6 baths
- 3,378 sqft
- 5,040 sqft lot
- $1,235 per sqft
- 2005 build
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!
Last checked:
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Last updated Mar 14, 2025
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MLS# NJCM2003884 —
This home is listed in more than one place. See it here.
Upcoming Open Houses
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Saturday, 3/15
11:30am-2:30pm -
Saturday, 3/22
11:30am-2:30pm -
Saturday, 4/5
11:30am-2:30pm
The Building
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Year Built:2005
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Year Built Source:Assessor
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Roof:Architectural Shingle
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New Construction:No
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Construction Materials:Vinyl Siding
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Structure Type:Detached
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Architectural Style:Traditional, Contemporary
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Levels:3
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Window Features:Atrium, Bay/Bow, Casement, Double Hung
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Accessibility Features:None
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Foundation Details:Pilings
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Basement:No
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Total SqFt Source:Estimated
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt:3378
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Above Grade Finished SqFt Source:Estimated
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
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Tax Total Finished SqFt:3478
Interior
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Interior Features:Bar, Combination Dining/Living, Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Gourmet, Kitchen - Island, Pantry, Primary Bath(s), Bathroom - Stall Shower, WhirlPool/HotTub, Wood Floors
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Flooring Type:Ceramic Tile, Hardwood
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Fireplace:No
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Wall & Ceilings:Dry Wall
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Living Area SqFt Source:Estimated
Room Dimensions
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Total SqFt:3378
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Living Area SqFt:3,378 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, Other
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Possession:Settlement
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Lease Considered:No
Location
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Directions:Corner of 21st Street & First Avenue
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Latitude:39.10062408
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Longitude:-74.71639252
The Property
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Property Type:Residential
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Property Condition:Very Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.12
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Lot Size Source:Assessor
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Lot Size Dimensions:60.00 x 84.00
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Lot Dimensions Source:Assessor
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Lot Features:Corner, Landscaping
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Lot SqFt:5,040 Sqft
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Inclusions:Furnishings, window treatments, dishes, cookware, all appliances
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Federal Flood Zone:AE
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Zoning:R-1C
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Outdoor Living Structures:Deck(s), Patio(s), Porch(es)
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (484) 639-9798
- Office phone:
- (484) 800-1777
Taxes
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Tax ID Number:01-00021 03-00024
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Tax Year:2024
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Tax Lot:00024
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Tax Annual Amount:$11,529
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Tax Assessed Value:$1,877,700
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Year Assessed:2024
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:6
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Bedrooms Main Level:1
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Upper Level Bedrooms:1
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Upper Level 1 Bedrooms:1
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Lower Level Bedrooms:4
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Lower Level Bedrooms:4
Baths
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Total Baths:6
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Full Baths:5
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Half Baths:1
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Main Level Baths:2.00
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Main Level Full Baths:1
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Main Level Half Baths:1
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Upper Level Full Baths:1
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Lower Level Full Baths:3
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Upper Level Total Baths:1
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Upper Level Total Baths:1.00
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All Lower Levels Total Baths:3
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Lower Level Total Baths:3.00
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Upper Level Full Baths:1
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Lower Level Full Baths:3
The Listing
Heating & Cooling
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Cooling Type:Central A/C, Multi Units, Zoned
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Utilities:Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas, Multi-tank, Tankless
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Water Source:Public
Appliances
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Appliances:Built-In Microwave, Commercial Range, Dishwasher, Disposal, Dryer, Extra Refrigerator/Freezer, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Six Burner Stove, Washer, Water Heater - Tankless, Water Heater
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Laundry Type:Dryer In Unit, Hookup, Lower Floor, Upper Floor, Washer In Unit
Schools
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School District Name:Avalon Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:None
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Senior Community:No
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Exterior Features:BBQ Grill, Gutter System, Hot Tub, Outside Shower, Sidewalks, Other
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Pool:Yes - Personal
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Pool Features:Concrete, Heated, In Ground, Pool/Spa Combo
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Spa:Yes
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Spa Features:Heated
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HOA:No
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Condo/Coop Association:No
Parking
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Total Garage and Parking Spaces:3
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Garage:Yes
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Garage Features:Additional Storage Area, Garage - Side Entry, Garage Door Opener
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Garage Spaces:1.00
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Type of Parking:Detached Garage, Driveway, On Street
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Parking Features:Concrete Driveway, Private
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# of Detached Garage Spaces:1
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Driveway - # of Spaces:2
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$4,175,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$22,355
|
Taxes | $960 |
Insurance | $1,148 |
Utilities | $242 See report |
Total | $24,705/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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3/7/25
Mar 7, 2025
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Price Changed | BRIGHT | $4,175,000 | -0.6% |
8/16/24
Aug 16, 2024
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Listed / Active | BRIGHT | $4,199,999 |