2968 First Ave Avalon, NJ 08202
Estimated payment $16,357/month
Highlights
- Property near a bay
- Deck
- Wood Flooring
- Avalon Elementary School Rated A
- Ranch Style House
- 2-minute walk to Surfside Park
About This Home
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 2024 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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,497
Year Built
- Built in 1973
Lot Details
- Lot Dimensions are 50' x 110'
- Interior Lot
- Property is zoned R-1C
Home Design
- Ranch Style House
- Vinyl Siding
Interior Spaces
- Blinds
- Living Room
- Dining Room
- Sun or Florida Room
- Storage
- Wood Flooring
- Crawl Space
- Storage In Attic
- Fire and Smoke Detector
Kitchen
- Oven
- Stove
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Car Garage
- Parking Pad
- Driveway
Outdoor Features
- Outdoor Shower
- Property near a bay
- Deck
- Outdoor Storage
- Outdoor Grill
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 22 / 29 03
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 | $6,497 | $1,058,100 | $900,000 | $158,100 |
| 2024 | $6,497 | $1,058,100 | $900,000 | $158,100 |
| 2023 | $6,444 | $1,058,100 | $900,000 | $158,100 |
| 2022 | $6,010 | $1,058,100 | $900,000 | $158,100 |
| 2021 | $5,396 | $1,058,100 | $900,000 | $158,100 |
| 2020 | $5,566 | $1,058,100 | $900,000 | $158,100 |
| 2019 | $5,396 | $1,058,100 | $900,000 | $158,100 |
| 2018 | $5,164 | $1,058,100 | $900,000 | $158,100 |
| 2017 | $4,004 | $720,100 | $700,000 | $20,100 |
| 2016 | $3,961 | $720,100 | $700,000 | $20,100 |
| 2015 | $3,896 | $720,100 | $700,000 | $20,100 |
| 2014 | $3,853 | $720,100 | $700,000 | $20,100 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/27/2023 03/27/23 | Price Changed | $2,995,000 | -6.3% | -- |
| 04/27/2022 04/27/22 | For Sale | $3,195,000 | +128.2% | -- |
| 07/25/2018 07/25/18 | Sold | $1,400,000 | -5.3% | $801 / Sq Ft |
| 06/25/2018 06/25/18 | Pending | -- | -- | -- |
| 09/25/2017 09/25/17 | For Sale | $1,479,000 | -- | $847 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $1,400,000 | -- | |
| Deed | $205,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $500,000 | Credit Line Revolving |
Source: Cape May County Association of REALTORS®
MLS Number: 221225
APN: 01-00029-03-00022
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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