298 50th Street, Avalon, NJ 08202
298 50th Street, Avalon, NJ 08202
298 50th Street, Avalon, NJ 08202
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$2,850,000
Est. payment /mo
5 Beds
3.1 Baths
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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 261162

Style Two Story

Bedrooms 5

Full Baths 3

Year Built 1970

Annual Tax Amount $6,979

Tax Year 2024

Lot Dimensions 60X110

Property Sub-Type Single Family

Property Description

Situated on a large 60X110 ft. corner lot, this unique 5 bedroom, 3.5 bath two-story single-family home offers the rare opportunity to enjoy the existing home now or redevelop the property into a new residence of up to approximately 4,620 square feet. Located just one block from the beach path and offered under $3 million, the property is equipped with two kitchens and offers a strong combination of present use and future potential. Recent updates include a 50-year standing seam metal room, updated baths throughout, and two updated kitchens, along with plenty of space for entertaining. The first floor offers two large bedrooms, a hall bath, and a powder room, plus expansive living space with room for dining and a first-floor family room overlooking the kitchen. Upstairs are three additional bedrooms, including the primary suite, which is situated toward the rear of the home and features a spacious ensuite bath. Two additional bedrooms are serviced by a hall bath. A second kitchen is also located on this level, overlooking an additional family room area with more space for dining. A wraparound deck offers peeks of the bay and quiet enjoyment, with only the south side of 50th Street featuring single-family homes. Whether the next owner chooses to use the home as-is, renovate right away, or move forward with a full teardown and new build, the flexibility of this property is a major part of its appeal. Never a rental and offered fully furnished, less exclusions. Ideal closing would be late July/early August so the buyer can enjoy the second half of summer in Avalon.

Location

State NJ

County Cape May

Area Avalon

Location Details Corner

Rooms

Other Rooms Living Room, Dining Room, Kitchen, Den/TV Room, Great Room

Basement Crawl Space

Interior

Hot Water Gas- Natural

Heating Electric, Baseboard

Cooling Central Air Condition

Appliance Range, Microwave Oven, Refrigerator, Washer, Dryer, Dishwasher

Exterior

Exterior Feature Deck, Storage Building

Parking Features 3 Car

Building

Lot Description Corner

Sewer City

Water City

New Construction No


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Listed by FERGUSON-DECHERT, INC

NEARBY SCHOOL & BUSINESS

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Graceann Tinney

Graceann Tinney

Agent | RSRS344523

+1(267) 373-8244

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298 50th Street