NEW CONSTRUCTION
$140K PRICE DROP
151 37th St Avalon, NJ 08202
Estimated payment $32,288/month
Total Views
11,981
5
Beds
5
Baths
3,807
Sq Ft
$1,509
Price per Sq Ft
Highlights
- Water Views
- New Construction
- Property near a bay
- Avalon Elementary School Rated A
- In Ground Pool
- 4-minute walk to 39th Street Park
About This Home
Now offered fully furnished. Situated just 8 homes from the 37th Street beach path, this brand-new ZRM Builders, custom single-family home offers 5 bedrooms, 5.5 bathrooms, and 3,800 square feet of thoughtfully designed living space. Located on a prime block, just one cross street to the beach and only 4 blocks into town, this is a true park-and-walk location for everything. The exterior features painted Boral channel siding, Ipe decking, and painted Azek 1x6 V-Groove soffits. Inside, on the first floor, you’ll find a tiled floor, 9-foot ceilings, a spacious bedroom with a large ensuite bathroom, and a tucked-away laundry room adjacent to a convenient powder room with easy access to the pool area. The expansive family room spans the entire width of the home and opens directly onto the pool deck through 24 linear feet of Marvin folding doors. With only one step from inside to the pool deck, this access significantly enhances your entertaining space due to the high elevation on this block and solid poured concrete foundation. Inside, a large wet bar includes two beverage centers, a Sub-Zero ice maker, a Cove dishwasher, custom cabinetry and a sizeable bar top. Outside, the backyard boasts a large pool with a sundeck and raised spa, a sandblasted marble pool deck, and a TV wall for outdoor enjoyment. On the second floor, the custom kitchen features a stunning waterfall island with a Sub-Zero beverage center, Wolf microwave, and quartz countertops. A paneled Sub-Zero refrigerator, 48-inch Wolf range, Cove dishwasher, and custom milled cabinetry complete the space. The open living and dining areas are anchored by a gas fireplace with a black walnut surround, with two sets of Marvin folding doors leading to a full-width deck offering breathtaking ocean views. Two additional bedrooms are located on this level, one with an ensuite bath, and another serviced by a hall bath. The third floor is highlighted by the primary suite, which includes a private deck with ocean views, a spa-like ensuite with soaking tub, dual vanity, and steam shower, as well as a spacious walk-in closet with a second set of washer and dryer. A conveniently located office sits off the hallway leading to the fifth bedroom which features an ensuite bath and its own private balcony facing the ocean. Additional features include Homasote-finished interior walls for enhanced sound control, 10-inch-wide flooring throughout the second and third floors, two tankless hot water heaters, a 3-stop elevator, and pre-wiring for security and electronic shades in select rooms. Call today to schedule your private showing of this magnificent custom home.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,000
Year Built
- Built in 2025 | New Construction
Lot Details
- Lot Dimensions are 50' x 110'
- Fenced Yard
- Sprinkler System
- Cleared Lot
Home Design
- Slab Foundation
Interior Spaces
- 3,807 Sq Ft Home
- 3-Story Property
- Elevator
- Bar
- Gas Fireplace
- Living Room
- Dining Room
- Water Views
Kitchen
- Self-Cleaning Oven
- Stove
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Concrete
- Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Alarm System
- Fire and Smoke Detector
Parking
- 1 Car Attached Garage
- Automatic Garage Door Opener
- Driveway
Pool
- In Ground Pool
- Spa
- Outdoor Shower
Outdoor Features
- Property near a bay
- Deck
- Patio
- Outdoor Grill
Location
- Island Location
Utilities
- Zoned Heating and Cooling
- Heating System Uses Natural Gas
- Natural Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 31 / 36.03
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,982 | $1,300,000 | $1,300,000 | -- |
| 2024 | $7,982 | $1,300,000 | $1,300,000 | $0 |
| 2023 | $8,838 | $1,492,300 | $1,300,000 | $192,300 |
| 2022 | $8,226 | $1,492,300 | $1,300,000 | $192,300 |
| 2021 | $7,913 | $1,492,300 | $1,300,000 | $192,300 |
| 2020 | $7,600 | $1,492,300 | $1,300,000 | $192,300 |
| 2019 | $7,361 | $1,492,300 | $1,300,000 | $192,300 |
| 2018 | $7,282 | $1,492,300 | $1,300,000 | $192,300 |
| 2017 | $6,171 | $1,109,900 | $925,000 | $184,900 |
| 2016 | $6,104 | $1,109,900 | $925,000 | $184,900 |
| 2015 | $6,005 | $935,700 | $925,000 | $10,700 |
| 2014 | $5,006 | $935,700 | $925,000 | $10,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/30/2025 07/30/25 | For Sale | $5,745,000 | 0.0% | $1,509 / Sq Ft |
| 07/30/2025 07/30/25 | Price Changed | $5,745,000 | +0.9% | $1,509 / Sq Ft |
| 07/19/2025 07/19/25 | Off Market | $5,695,000 | -- | -- |
| 05/17/2025 05/17/25 | Price Changed | $5,695,000 | -0.9% | $1,496 / Sq Ft |
| 04/01/2025 04/01/25 | Price Changed | $5,749,000 | -2.3% | $1,510 / Sq Ft |
| 01/06/2025 01/06/25 | For Sale | $5,885,000 | -- | $1,546 / Sq Ft |
Source: Cape May County Association of REALTORS®
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $2,700,000 | Seaboard Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $2,160,000 | New Conventional | |
| Previous Owner | $722,155 | VA | |
| Previous Owner | $733,500 | VA | |
| Previous Owner | $100,000 | New Conventional | |
| Previous Owner | $571,000 | VA | |
| Previous Owner | $75,000 | Second Mortgage Made To Cover Down Payment | |
| Previous Owner | $75,000 | Stand Alone Second | |
| Previous Owner | $425,000 | VA | |
| Previous Owner | $135,000 | Unknown | |
| Previous Owner | $200,000 | Unknown |
Source: Public Records
Similar Homes in Avalon, NJ
Source: Cape May County Association of REALTORS®
MLS Number: 250046
APN: 01-00036-03-00031
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.
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