501 42nd Street Avalon, NJ $ 7,950,000
501 42nd Street
$ 7,950,000
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501 42nd Street

Avalon, NJ, 08202
$ 7,950,000
Bedrooms5 Baths4.1 Sq 5,384

Monthly Estimate*

$ 55,533

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Single Family Home for sale in Avalon, NJ

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 “Lagoon / Fingers” 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 kid’s 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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Single Family Active

Price

$ 7,950,000

Bedrooms

5

Full Bath

4

Half Bath

1

Property Type

Single Family

Taxes

$ 19,682

Style

Three Story

Year Built

2007

Town/City

Avalon

County/Region

Cape May

MLS | Web ID

230366

Features
General
Interior 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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Interior
Basement Crawl Space
Appliances Included Range Microwave Oven Refrigerator Washer Dryer Dishwasher Disposal Wine Cooler
Hot Water Gas- Natural
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Exterior
Exterior Other
Parking/Garage Garage 1 Car Attached See Remarks
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* Excluded Features
List By
Roger J. (RJ) Soens III

Listing Agent

Compass Re - Av Dune

Broker

rjs@avalonstoneharbor.com

Email

Affordability Calculator

$57,173
Per Month
97%
3%
0%
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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
266621 Elementary School
266622 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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

Map


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501 42nd Street, Avalon, NJ, 08202 is a Single Family Home for sale at $7,950,000 with 5,384 sqft. 501 42nd Street has 5 bedrooms, 4.1 baths, and was built in 2007. The property's zip code is 08202 which is in Avalon, NJ