$8,000,000
SOLD SEP 4, 2025

5 32nd St W Avalon, NJ 08202

6 Beds
6 Baths
4,400 Sq Ft
1.38 Acres

Recently Sold

$1,818 Per Sq Ft

20% Below List Price

139 Days on Market

Highlights

  • In Ground Pool
  • Waterfront
  • Island Location
  • Avalon Elementary School Rated A
  • Building is beachfront but unit may not have water views
  • 1-minute walk to Avalon Parks & Recreation Department

About This Home

As of September 2025

Staggering ocean and coastline views, timeless architecture, and a one-of-kind interior finish define this iconic 7 Mile Island home. If you have toured enough oceanfront homes, you know that dune topography is the single most determinative factor for view quality on the island. At 5 W 32nd Street, the property is perfectly aligned with the 32nd Street dune path and, with low surrounding dunes, the result is sweeping, unobstructed white water views. As your eyes move south, miles of mesmerizing ocean and coastline views unfold, offering a perspective and view quality that exceeds most oceanfront properties on the island. The home was expertly designed by Asher Slaunwhite, who created a coastal-modern masterpiece that seamlessly blends indoor and outdoor living with walls of Weiland sliding doors and Loewen fixed-pane windows. The exterior features Alaskan yellow cedar shingles paired with a copper roof and downspouts, accented by a showstopping steel airfoil louver system that is both strikingly architectural and highly functional. Meticulously constructed by DL Miner, every inch of the home showcases impeccable craftsmanship and luxurious attention to detail, while Social House Design curated a bespoke, magazine-worthy interior aesthetic unlike any other property on 7 Mile Island. From the second that your guests enter the home, the quality of the finishings and furnishings will overwhelm their senses. The first level is set atop a concrete slab foundation, which elevates the ceiling heights while reducing entry steps, allowing for an inviting arrival. The polished concrete floors on the first level are both visually striking and cool underfoot. A beachfront family room sets the tone for the entire house, with floor-to-ceiling Weiland sliders opening onto the wraparound deck. This stunning space features a custom sectional, high-end upholstery, a full wet bar with Henrybuilt cabinetry, Subzero refrigerated drawers, and a picture-perfect reading nook. The laundry / mudroom is just as captivating as the rest of the home, featuring two sets of washers and dryers and a wall of custom built cabinetry. Three beautifully appointed en-suite bedrooms complete this level, including a custom walnut bunk room with extra-long beds. A breathtaking, steel staircase with floating oak treads and beautiful millwork leads you to the second floor great room. While the beauty of this space cannot be overstated, the expansive, picturesque views through the walls of Weiland doors and windows rivals almost any ocean view that you have seen on 7 Mile Island. The drama of this room is enhanced by a two story, custom-milled, vaulted ceiling over the living area, which is anchored by a linear, three-sided gas fireplace. The chef’s kitchen is as stunning as it is functional. Henrybuilt custom cabinetry in white oak and walnut perfectly complements the Caesarstone Quartz countertops and top-tier appliances, including two Miele wall ovens, a Miele dishwasher, an integrated Thermador induction cooktop, and Subzero refrigeration. A floor-to-ceiling Henrybuilt storage system flanks the refrigeration, accompanied by a walk-in pantry, with a full service coffee bar, to ensure that you could store everything you could ever use. The dining area offers some of the most extraordinary views in the home, while a full-service wet bar with a beverage fridge, ice maker, and seating area enhances the entertainment experience. Multiple Weiland doors open from the great room to the wraparound second-floor deck, where an outdoor living space, dining area, and high-top seating area create the perfect setting for gatherings large or small. The deck is clad in Ipe, accented by cable rails, Azek trim, and an Ipe rail cap. A separate grill deck on the north side of the home features a built-in Bull grill and hood, keeping outdoor cooking away from the main entertainment space.

Last Agent to Sell the Property

Jack Binder

FERGUSON-DECHERT, INC Listed on: 02/13/2025

Last Buyer's Agent

Non-Member Non-Member

Non Member

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $34,489

Year Built

  • Built in 2023

Lot Details

  • Lot Dimensions are 60' x 110'
  • Building is beachfront but unit may not have water views
  • Waterfront
  • Fenced Yard
  • Corner Lot
  • Sprinkler System
  • Property is zoned R-1C

Parking

  • 4 Car Garage

Home Design

  • Upside Down Style Home
  • Slab Foundation
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 4,400 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Window Treatments
  • Great Room
  • Living Room
  • Dining Room
  • Storage
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Stove
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 6 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Alarm System
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Outdoor Shower

Outdoor Features

  • Deck
  • Patio
  • Outdoor Storage
  • Outdoor Grill
  • Porch

Location

  • Island Location

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 31

Home Details

Home Type

Single Family

Est. Annual Taxes

$34,489

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Class: RESIDENTIAL
  • Type: Single Family
  • Location: Beach Block, Corner, Island, Water Front, Water View
  • District Township: 01-Avalon Borough
  • Near: Beach
  • Also Includes: Rugs, Furniture, Window Treatments
  • Estimated Year Built: 2023
  • New Construction: No
  • Second Address Number: 5
  • Lot Size2: 60' x 110'
  • Price per Sq Ft: 1818.18
  • Selling Agent1: 1416
  • Selling Office1: 246
  • OFFICELIST_STATE: NJ
  • Street Designation: Street
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2023

Interior Features

  • Appliances Included: Self-Clean Oven, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Burglar Alarm, Smoke/Fire Detector, Stove Electric
  • Interior Amenities: Bar, Cathedral Ceilings, Fireplace- Gas, Wood Flooring, Smoke/Fire Alarm, Storage, Walk in Closet, Tile Flooring, 1763, 1764
  • Total Bathrooms: 6.2
  • Full Bathrooms: 6
  • Bedrooms: 6
  • Total Rooms: 12
  • Basement: Masonry Floors/Wall, Slab
  • Estimated Living Sq Ft: 4400
  • Other Rooms: Living Room, Dining Room, Kitchen, Recreation/Family, Eat-In-Kitchen, Dining Area, Pantry, Laundry/Utility Room, Great Room

Exterior Features

  • Construction: Upside Down, Three Story
  • Exterior: Metal, Shingle, Steel, Wood
  • Frontage: 110
  • Outside Features: Patio, Deck, Porch, Grill, Fenced Yard, Storage Building, Cable TV, Sidewalks, Outside Shower, In Ground Pool, Sprinkler System

Garage/Parking

  • Parking Garage: 4 car parking

Utilities

  • Cooling: Central Air Condition, Ceiling Fan, Multi Zoned
  • Heating: Forced Air, Multi-Zoned
  • Hot Water: Gas- Natural
  • Sewer: City
  • Water: City

Lot Info

  • Lot Number: 1
  • Lot Size: 6001-10000 SqFt
  • Zoning: R-1C

Tax Info

  • Taxes: 34489
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2021
Closed on
Nov 5, 2021
Sold by
Holt Michael and Holt Susan
Bought by
Betlyon James and Betlyon Judith
Seller's Agent
Lawrence Fluehr
Coldwell Banker James C Otton Real Estate
Buyer's Agent
Janet Bogorowski
COMPASS RE - AV Dune
List Price
$3,695,000
Sold Price
$3,750,000
Premium/Discount to List
$55,000
1.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.02%

Purchase Details

Closed on
Aug 12, 2013
Sold by
Schofield Gary B and Schofield Brian R
Bought by
Holt Michael and Holt Susan

Purchase Details

Closed on
Aug 16, 2006
Sold by
Schofield Mary Jane
Bought by
Schofield Gary B and Schofield Brian R

Purchase Details

Closed on
Dec 21, 2005
Sold by
Schofield Mary Jane
Bought by
Schofield Brian R and Schofield Gary B

Purchase Details

Closed on
Dec 19, 1988
Sold by
Schoefield Alexander and Mary Jane
Bought by
Schoefield Alexander
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $3,750,000 None Available
Deed $1,980,000 Seaboard Title Agency
Deed -- None Available
Deed -- --
Interfamily Deed Transfer -- --
Quit Claim Deed -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2025 09/04/25 Sold $8,000,000 -5.8% $1,818 / Sq Ft
07/02/2025 07/02/25 Pending -- -- --
05/22/2025 05/22/25 Price Changed $8,495,000 -15.0% $1,931 / Sq Ft
02/13/2025 02/13/25 For Sale $9,995,000 +166.5% $2,272 / Sq Ft
11/05/2021 11/05/21 Sold $3,750,000 +1.5% $1,698 / Sq Ft
04/15/2021 04/15/21 Pending -- -- --
03/13/2021 03/13/21 For Sale $3,695,000 -- $1,673 / Sq Ft
Source: Cape May County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $34,489 $5,617,100 $1,440,000 $4,177,100
2024 $34,489 $5,617,100 $1,440,000 $4,177,100
2023 $8,770 $1,440,000 $1,440,000 $0
2022 $8,179 $1,440,000 $1,440,000 $0
2021 $8,378 $1,531,700 $1,440,000 $91,700
2020 $8,057 $1,531,700 $1,440,000 $91,700
2019 $7,812 $1,531,700 $1,440,000 $91,700
2018 $7,475 $1,531,700 $1,440,000 $91,700
2017 $6,903 $1,241,600 $1,120,500 $121,100
2016 $6,719 $1,221,700 $1,120,500 $101,200
2015 $6,547 $1,210,200 $1,120,500 $89,700
2014 $6,475 $1,210,200 $1,120,500 $89,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cape May County Association of REALTORS®

MLS Number: 250390

Cape May County Association of REALTORS®

APN: 01-00031-02-00001