298 50th Street, Avalon NJ | The DiPeso Group

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298 50th Street, Avalon NJ - UNDER CONTRACT

For Sale: $2,850,000

Beds: 5 Baths: 3.5 Type: Single Family

Lot: 6001-10000 SqFt DOM: 8 Days

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.

PROPERTY FEATURES

Deck
Storage Building
Living Room
Dining Room
Kitchen
Den/TV Room
Great Room
Range
Microwave Oven
Refrigerator
Washer
Dryer
Dishwasher
Heating:Electric
Heating:Baseboard
3 Car
Heater:Gas- Natural
Cooling:Central Air Condition

PROPERTY MAP VIEW

ADDITIONAL PROPERTY PICTURES

Request Property Information - 298 50th Street, Avalon NJ

5 Bedroom(s) | 3.5 Bathroom(s) | For Sale: $2,850,000 | MLS Number: 261162 |
Property Type: Single Family
Provided by: The DiPeso Group - www.dipesogroup.com
(Information Above Will Appear At The Top Of The Email That Is Sent to The DiPeso Group)

Let THE DIPESO GROUP be your buyer for this listing. LISTING IS PROVIDED BY FERGUSON-DECHERT, INC. The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.