Under Contract

298 50th Street

Avalon, NJ 08202
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Bed 5

Bed

Bath 3

Bath

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 additio nal 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.

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Detail Ic Property Details

Property Type : Residential

Price : $2,850,000

AD Id : 77072212

MLS Id : 261162

Beds : 5

Year Built : 1970

Garage : 3

County : Cape May

Subdivision: Walnut Ridge

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Feature Features

  • Bedroom Information

    Total beds: 5

    Bathroom Information

    Full Baths: 3

    Room Information

    Rooms Total: 15 Basement: Crawl Space
  • Interior Features

    Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Range, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Baseboard, Electric Has Cooling: Yes Cooling: Central Air

  • Building Information

    Year Built: 1970 Patio And Porch Features: Deck Private Pool: No

  • Lot Information

    Lot Description: Corner Lot

  • Listing Price Information

    Listing Price: $2850000

  • Tax Information

    Tax Lot: 11 Tax Year: 2024 Annual Tax: $6979

  • Garage Information

    Garage Space: 3

  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
82 W 9th Street, Avalon, NJ, 08202 $5,595,000 6 6 3,800 3,800 SqFt
141 8th Street, Avalon, NJ, 08202 $5,500,000 6 8 3,589 3,589 SqFt
141 8th Street, Avalon, NJ, 08202 $5,500,000 6 6 3,589 3,589 SqFt
1018 First Avenue, Avalon, NJ, 08202 $3,295,000 4 3 2,208 2,208 SqFt
25 E 18th Street, Avalon, NJ, 08202 $5,750,000 5 4 3,660 3,660 SqFt
92 E 23rd Street, Avalon, NJ, 08202 $6,995,000 5 3 2,272 2,272 SqFt
189 11th Street, Avalon, NJ, 08202 $2,995,000 4 2 1,594 1,594 SqFt
199 11th St St, Avalon, NJ, 08202 $5,195,000 5 5 3,155 3,155 SqFt
45 W 19th Street, Avalon, NJ, 08202 $3,199,000 5 2 --
54 W 19th Street, Avalon, NJ, 08202 $3,250,000 5 3 2,315 2,315 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of Cape May County MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2026 Cape May County Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/08/2026 @ 17:46

MLS: 261162 LISTED BY: Paul Sudell, FERGUSON-DECHERT, INC 609-967-4200 SOURCE: Cape May County Association of REALTORS

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