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2968 First AvenueAvalon, NJ 08202

Single Family · 4 Beds · 3 Full Baths
$2,995,000 ACTIVE

2968 First Avenue Overview

Time on Site:
1463 days
Visits:
272

Opportunity to own a centrally located, well-maintained rancher a block from the heart of Avalon. This 4 Bedroom, 3 bathroom Single-Family home is well maintained and comes with a fabulous rental history under current Ownership. Purchase this move-in ready home as an investment property and take advantage of nearly $85,000 in gross rental income for the 2025 Season, or build here and walk to everything from your front door. This 50'x110' lot is less than 2 blocks from the beach, around the corner from downtown but far enough removed to enjoy solitude. This property is rented from beginning to end this Summer and has been rented solid since 2018. Contact the listing agent for any showings.

Listing provided courtesy of FERGUSON-DECHERT, INC- MLS# 221225MLS Provider
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2968 First Avenue Facts & Features

  • Type Single Family

Details

General

School Information

  • School District: 22
  • High School: 50' X 110'

Listing Information

  • Bank Owned: No
  • Sale/Rent: For Sale

Building Information

  • New Construction: No
  • Year Built: 1973

Location/Region

  • County Or Parish: 01-Avalon Borough
  • LOCATION: Inside Lot
  • MLS Area Major: Avalon

Waterfront/View

  • BAY PROXIMITY: 2 Blocks
  • BEACH PROXIMITY: 2 Blocks

Tax Information

  • Tax Annual Amount: $6,497.00

General Information

  • Inclusions: Blinds,Rugs
  • Property Sub Type: Single Family
  • Property Type: RESIDENTIAL

Interior

Beds/Baths

  • Bathrooms Full: 3
  • Bathrooms Partial: 0
  • Bathrooms Total: 3
  • Bedrooms Total: 4

Building Interior

  • HOT WATER: Electric

General Information

  • Appliances: Range, Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Smoke/Fire Detector, Stove Electric
  • Basement: Crawl Space
  • Cooling: Central Air Condition
  • Heating: Gas Natural, Forced Air
  • Interior Features: Wood Flooring, Smoke/Fire Alarm, Storage
  • Rooms: Living Room, Dining Room, Kitchen, Laundry/Utility Room, Florida Room, Storage Attic, See Remarks, 1st Floor Primary Bedroom
  • Rooms Total: 8

Exterior

Parking Information

  • Parking Features: Parking Pad, 2 Car, Concrete Driveway

Lot Information

  • Lot Size Area: 1 to 6000 SqFt
  • Water Source: City

Building Exterior/Construction

  • Architectural Style: Ranch
  • Construction Materials: Vinyl

General Information

  • Exterior Features: Deck, Grill, Storage Building, Cable TV, Sidewalks, Outside Shower, See Remarks
  • Sewer: City

2968 First Avenue Neighborhood

Community

08202 (Avalon) Demographics

68
Median Age
147
Population Density (per sq. mile)
70%
College Educated
$110,769
Estimated Median Income
779
Estimated Total Home Owners
33
Estimated Total Renters
96% / 4%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

2968 First Avenue Monthly Cost

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$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

2968 First Avenue Market Data

Based on the last 30 days in this zip code

$6,741,166
Average List Price
$1,994
Average Price per Square Foot
0
Properties Sold
70
Average Days on Market
6
Properties for Sale
Calculations provided by Reliance Network

2968 First Avenue History

Date Event Value Agent
6/27/2022Source: Cape May MLS Added to Database
June 27, 2022
6/20/2022Source: Cape May MLS Added to Database
October 18, 2021