2108 Dune Dr Avalon, NJ 08202
Estimated payment $41,666/month
Highlights
- Deck
- Outdoor Shower
- Forced Air Heating and Cooling System
- Avalon Elementary School Rated A
About This Home
Welcome to the heart of Avalon, known as the Circle Pizza Plaza, a prime investment opportunity in the best seashore community New Jersey has to offer. This unique property sits on just over half an acre of land and features five commercial and four residential spaces, all fully rented and generating steady income. It is currently home to one 4 bedroom 2 bath, one 4 bedroom 1 bath, one 3 bedroom 1 bath, and one 2 bedroom 1 bath residential units. The five commercial spaces host some of Avalon’s most iconic eateries. Situated at one of Avalon's most desirable corner locations and overlooking the historical Veterans Plaza, known as “The Circle,” this location is the hub of Avalon and is part of everyday life in town. The Circle is visited or spoken of daily by both visitors and residents. The potential for future expansion or enhancements makes this offering an attractive opportunity for the savvy investor. Do not miss out on this rare chance to own one of Avalon's culinary and real estate legacies. Contact us today for more information and to schedule a viewing of the Circle Pizza Complex. The restaurants and equipment are not included in the sale.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,596
Year Built
- Built in 1965
Parking
- Assigned Parking
Home Design
- Mixed Use
Bedrooms and Bathrooms
- 13 Bedrooms
- 5 Bathrooms
Outdoor Features
- Outdoor Shower
- Deck
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Community Details
- 9 Units
Listing and Financial Details
- Legal Lot and Block 45, 46 / 21.04
Map
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 | $19,790 | $3,223,100 | $2,773,100 | $450,000 |
| 2024 | $19,790 | $3,223,100 | $2,773,100 | $450,000 |
| 2023 | $19,629 | $3,223,100 | $2,773,100 | $450,000 |
| 2022 | $18,307 | $3,223,100 | $2,773,100 | $450,000 |
| 2021 | $17,630 | $3,223,100 | $2,773,100 | $450,000 |
| 2020 | $16,954 | $3,223,100 | $2,773,100 | $450,000 |
| 2019 | $16,438 | $3,223,100 | $2,773,100 | $450,000 |
| 2018 | $15,729 | $3,223,100 | $2,773,100 | $450,000 |
| 2017 | $4,404 | $792,000 | $642,000 | $150,000 |
| 2016 | $4,356 | $792,000 | $642,000 | $150,000 |
| 2015 | $4,347 | $792,000 | $642,000 | $150,000 |
| 2014 | $6,853 | $1,281,000 | $1,131,000 | $150,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/12/2026 03/12/26 | For Sale | $7,499,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $5,000,000 | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Deed | $1,300,000 | Seaboard Title Agency | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | $440,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,200,000 | Seller Take Back | |
| Previous Owner | $400,000 | Seller Take Back |
Source: Cape May County Association of REALTORS®
MLS Number: 261215
APN: 01-00021-04-00045
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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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Ask me questions while you tour the home.