501 42nd Street
Avalon, NJ, 08202 $ 7,950,000
Bedrooms5 Baths4.1 Sq 5,384 Monthly Estimate*
$ 55,533
for $7,950,000 with 5 bedrooms and 4 full baths, 1 half bath. This 5,384 square foot home was built in 2007.
Beautifully furnished, professionally decorated/accessorized and move-in ready! 501-42nd St, perhaps Seven Mile Island's finest available Bayfront property, is nestled in Avalon's sought after âLagoon / Fingersâ neighborhood and provides wide open views of bay and wetlands from all three levels. This cedar shingle masterpiece was designed by Asher Architects in collaboration with the owners and beautifully constructed by D.L. Miner. The level of quality, exquisite taste and thoughtful functionality is exceptional. The private backyard oasis offers a deck made of the finest, most durable wood (IPE), and a bayside salt-water pool for cooling off after a day at the beach. Boaters will appreciate the two recently dredged boat slips and updated bulkhead, doc, fiberglass coated pilings along with the attached garage which is equipped with storage for surfboards and kayaks. The first floor features a gourmet custom kitchen with top-of-the-line appliances, including a Sub-Zero fridge, Dacor stove, and reverse osmosis water system under kitchen sink making the drinking water pure. In the bar area, you will find two drawer fridges, an ice maker (with a separate osmosis water system), beverage fridge, and a microwave with a warming drawer. There is a central sound system throughout the house (excluding the bedrooms), making for excellent relaxation with family or entertaining friends. The foyer has a custom chandelier which is electronic for easy cleaning & changing bulbs. The family room, dining area, and living room are all beautifully appointed with plantation shutters, custom coffered ceilings, and gas fireplaces. A living room chandelier, which was imported from England, adds to the home's elegance. The second-floor features raised panel wood treatments on the stairway walls, a guest bedroom with a private deck, and a kidâs area with two bedrooms and a shared, large bathroom with radiant floor heating. All the bathrooms have jacuzzi tubs and a towel warmer. The third floor boasts another foyer with a custom chandelier, stately office featuring paneled walls, a gas fireplace, and a sunny south facing deck for breaks from the action. Also on the third floor is the spacious primary suite with a gas fireplace, gorgeous bathroom with radiant floor heating and separate vanity area. To top things off there is a massive walk-in closet worthy of any primary residence. This is a rare opportunity. The Seller's 28' Chris Craft boat which drew 3.08' had plenty of room at low tide. Call for your private showing today!
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FeaturesGeneralInterior Features Bar Elevator Fireplace- Gas Wood Flooring Security System Smoke/Fire Alarm Walk in Closet Tile Flooring Kitchen Island Beverage Refrigerator
Heating Gas Natural Forced Air Multi-Zoned
Cooling Central Air Condition Multi Zoned
Exterior Features Patio Deck Fenced Yard Dock Bulkhead Cable TV Sidewalks Outside Shower In Ground Pool Boat Slips Sprinkler System
Zoning AE
Water City
Sewer City
Type Single Family
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InteriorBasement Crawl Space
Appliances Included Range Microwave Oven Refrigerator Washer Dryer Dishwasher Disposal Wine Cooler
Hot Water Gas- Natural
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ExteriorExterior Other
Parking/Garage Garage 1 Car Attached See Remarks
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* Excluded FeaturesList ByRoger J. (RJ) Soens IIIListing Agent
Compass Re - Av DuneBroker
rjs@avalonstoneharbor.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $55,533
- Monthly Property Taxes
- $1,640
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Avalon, NJ
Average List Price $5,732,177
Percent of Sale Price 28%
About Avalon, NJ 1,484 Population
-31% Since 2002
$ 85,326 Median Income
65.03 Median Age
6% Households with Children
Trends Information provided by ATTOM Data Solutions.
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
6/17/2023 | $7,950,000 | -6.47% | Price Down |
3/31/2023 | $8,500,000 | -10.53% | Price Down |
2/14/2023 | $9,500,000 | | Listed Price |