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Avalon, NJ Multifamily Home for Sale

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    $2,895,000

    • 5 Beds
    • 3 Baths

    3149 First Ave, Avalon, NJ 08202

    Combining the charm of old school Avalon with the flexibility of multiple units! This three-unit property features a 3 bedroom, 1.5 bath unit on the first floor, a 1 bedroom, 1 bath unit upstairs, and a 1 bedroom, 1 bath detached rear cottage. Use one or more units for your own vacation time or rent them all to maximize your rental income. The location of this 50x110 lot is also exceptional: walk

    Paul (Randy) Leiser LONG & FOSTER REAL ESTATE, INC av

    3149 First Ave, Avalon, NJ 08202

Why Live in Avalon

Avalon, NJ, is a prominent beach resort town known for its pristine oceanfront and vibrant community. Originally a retreat for wealthy Philadelphians in the early 1900s, Avalon has evolved into a popular destination for homebuyers from North Jersey, New York, Washington, D.C., and western Pennsylvania. The town boasts excellent beaches with a gentle slope, ideal for all ages, and a scenic 11-block boardwalk lined with cafes. Avalon offers numerous attractions, including free beach access after Labor Day, private boat ramps along the backwaters, and recreational facilities such as baseball diamonds, tennis courts, and playgrounds. The housing stock ranges from mid-20th century beachfront homes to modern condos, many with raised foundations to mitigate flooding risks. Dune Drive is the main retail area, featuring boutique stores, restaurants, and the longstanding Avalon SuperMarket. Notable dining spots include Black Cactus and the year-round Princeton Bar and Grill. Education is served by highly rated Stone Harbor Elementary School, Avalon Elementary School, and Middle Township High School, which offers diverse extracurricular programs. The Garden State Parkway connects Avalon to nearby attractions, with Wildwood 17 miles south and Philadelphia 75 miles away.

Home Trends in Avalon, NJ

Housing Trends

Median Sale Price
$2,945,000
Median Single Family Sale Price
$4,100,000
Median Townhouse Sale Price
$2,200,000
Median 2 Bedroom Sale Price
$887,000
Median 1 Bedroom Sale Price
$533,750
Average Price Per Sq Ft
$1,434
Number of Homes for Sale
56
Last 12 months Home Sales
196
Months of Supply
3.40
Median List Price
$3,295,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
5%
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