Avalon NJ Multi Family for Sale
$7,499,000
2108 Dune Avalon, NJ 08202
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 13
- Year built:
- 1965
- Baths:
- 5.00
- MLS#:
- 243295
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Courtesy: A LEWIS PURDY REAL ESTATE INC
ADDITIONAL INFORMATION
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 Avalonâ??s most iconic eateries. Situated at one of Avalon's most desirable corner locations and overlooking the historical Veteranâ??s Plaza, known as â??The Circle,â?? 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.
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Avalon Real Estate
The median home value in Avalon, NJ is $2,545,000. This is higher than the county median home value of $613,600. The national median home value is $338,100. The average price of homes sold in Avalon, NJ is $2,545,000. Approximately 36.02% of Avalon homes are owned, compared to 18.56% rented, while 45.42% are vacant. Avalon real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Avalon real estate agent to arrange a tour today!
Avalon, New Jersey has a population of 1,404. Avalon is less family-centric than the surrounding county with 8.84% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in Avalon, New Jersey is $141,964. The median household income for the surrounding county is $76,237 compared to the national median of $69,021. The median age of people living in Avalon is 65.7 years.
Avalon Weather
The average high temperature in July is 85.1 degrees, with an average low temperature in January of 23.7 degrees. The average rainfall is approximately 44.6 inches per year, with 14.9 inches of snow per year.