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Off market
  • $11,935,900

    5024 Ocean Dr, Avalon, NJ 08202

    6beds
    7,697sqft
    SingleFamily
    Built in 2006
    0.6 Acres Lot
    $11,935,900 Zestimate®
    $1,551/sqft
    $7,024 Estimated rent

    Home value

    $11,935,900

    $10.15M - $14.08M

    $7,024/mo

    Zestimate® history
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    $7,024/mo

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    $75,374/mo

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    $75,374/mo

    Est. payment

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    What's special

    Live the life in Avalon in this one-of-a-kind three story bright & open 7,697 sq. ft. bayfront property with unobstructed water and sunset views on an over-sized 90'x 290' lot. This luxurious home not only provides bayfront living at its best, but is just steps to a beach path that leads to the exclusive Avalon high dune beach allowing the best of the bay and the beach. Experience the bayfront lifestyle including swimming, boating jet skiing and never-ending water and sunset views. Your outside exquisite living does not end with the bay and beach. You will find a large heated salt water pool surrounded by Travertine paving that includes an Infinity Jacuzzi. The dock has electrical power and all modern LED accent lighting and leads to a floating dock which can accommodate a 55' or larger yacht. There is also room for wave runners or another small boat. In addition there is an expansive deck overlooking the pool, dock and bay. Three car oversized attached garage with inside access as well as a large paved driveway which can accommodate up to 6 cars. Exquisite landscaping. Double walnut entry doors. Floor to ceiling windows, open floor plan and bay views. Expansive family/theater room with surround sound, gas fireplace and travertine flooring. Additional entertainment room with mahogany built-in wet bar and travertine radiant heated flooring, two cooling drawers, wine cooler, dishwasher and a bar storage closet. Also, on the first floor are two large well designed ensuite bedrooms, powder room, bar area and laundry room. Walnut stairs and Concord elevator to the second floor. The second floor has the open great room with living and dining areas and an eat-in-kitchen. Living room: cathedral ceilings, cherry hardwood flooring, and natural gas fireplace. Gourmet chef kitchen with a huge center island and lovely granite counter tops; Plenty of cabinet space, and a sub-zero refrigerator, gas Wolf Stove with a grill to use inside for those rainy or winter days, two dishwashers, wine cooler, heating drawer and two sub-zero cooling drawers, a separate ice-maker and much more. There are also two additional ensuite bedrooms on this floor. Third floor exquisite master suite with gas fire place, two walk-in closets, over-sized bathroom with Jacuzzi tub and large glass steam shower. Relax on your private terrace with a cabana and experience the breathtaking sunset views. Rarely offered roof top deck allows you to enjoy panoramic views of the coastline, high dunes, and annual fireworks. This floor is completed with an office and a gym with water views. Multi-zoned gas heat and central air; surround sound in master bedroom, family and theater room on the first floor. The pool area as well as floor on the exterior has speakers with a high quality sound system. The home also comes fully furnished for a full turn-key purchase. Built in 2006 there has been only one owner. It has never been rented and has been updated over the ownership period including modern furniture all of which is meticulously maintained. A bayfront home of this size and design with so many amenities rarely ever comes on the market. Furthermore, it is being offered at just $908 per square foot which is well below the market value of others. Factor in the open bay views and a huge lot of 90 x 290 along with all the other amenities makes this home one you must consider. Call today for a showing and take advantage of the opportunity. One of the owners is a licensed NJ Real Estate Agent.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 7
    • Full bathrooms: 5
    • 1/2 bathrooms: 2
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Trash compactor, Washer
    Features
    • Ceiling Fan(s), Elevator, Kitchen Island, Window Treatments, Pantry, Central Vacuum, Recessed Lighting, Walk-In Closet(s), Built-Ins, Dining Area, Eat-in Kitchen, Soaking Tub, Carpet, Open Floorplan, Wood Floors, Bar, Wet/Dry Bar, Sprinkler System, Entry Level Bedroom, Breakfast Area, Kitchen - Table Space, Kitchen - Gourmet, Family Room Off Kitchen, Curved Staircase, WhirlPool/HotTub, Stall Shower, Wine Storage, Tub Shower, Primary Bath(s), Primary Bedroom - Bay Front
    • Flooring: Hardwood
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 7,697 sqft

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage - Attached
    Accessibility
    • Accessibility features: Accessible Elevator Installed, 2+ Access Exits, 36"+ wide Halls
    Features
    • Exterior features: Stucco
    • Pool features: Private
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Frontage length: Water Frontage Ft:90
    Lot
    • Size: 0.6 Acres
    Details
    • Parcel number: 01000490500003
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Coastal
    Materials
    • Roof: Other
    Condition
    • Year built: 2006

    Community & HOA

    Location
    • Region: Avalon
    • Municipality: AVALON BORO

    Financial & listing details

    • Price per square foot: $1,551/sqft
    • Tax assessed value: $9,653,600
    • Annual tax amount: $59,273

    Price history

    DateEventPrice
    12/18/2020Sold$6,400,000-3%$831/sqft
    Source: CMCAOR #200547 Report a problem
    11/13/2020Pending sale$6,599,000$857/sqft
    Source: LONG and FOSTER REAL ESTATE INC-Avalon #NJCM103900 Report a problem
    11/2/2020Listed for sale$6,599,000$857/sqft
    Source: LONG and FOSTER REAL ESTATE INC-Avalon #NJCM103900 Report a problem
    9/7/2020Pending sale$6,599,000$857/sqft
    Source: LONG and FOSTER REAL ESTATE INC-Avalon #533599 Report a problem
    9/2/2020Listed for sale$6,599,000$857/sqft
    Source: LONG and FOSTER REAL ESTATE INC-Avalon #NJCM103900 Report a problem
    8/31/2020Pending sale$6,599,000$857/sqft
    Source: LONG and FOSTER REAL ESTATE INC-Avalon #NJCM103900 Report a problem
    7/24/2020Price change$6,599,000-5.6%$857/sqft
    Source: LONG and FOSTER REAL ESTATE INC-Avalon #NJCM103900 Report a problem
    2/7/2020Price change$6,990,000+1.3%$908/sqft
    Source: LONG & FOSTER REAL ESTATE, INC av #200547 Report a problem
    12/31/2019Listed for sale$6,899,000-1.3%$896/sqft
    Source: Owner Report a problem
    1/1/2019Listing removed$6,990,000$908/sqft
    Source: FERGUSON-DECHERT,INC #181721 Report a problem
    5/3/2018Price change$6,990,000-11.5%$908/sqft
    Source: FERGUSON-DECHERT,INC #181721 Report a problem
    6/14/2017Price change$7,900,000-11.2%$1,026/sqft
    Source: Owner Report a problem
    4/11/2017Price change$8,900,000-1%$1,156/sqft
    Source: Owner Report a problem
    4/7/2017Price change$8,990,000-18.3%$1,168/sqft
    Source: Owner Report a problem
    9/1/2016Price change$10,999,0000%$1,429/sqft
    Source: Owner Report a problem
    8/24/2016Listed for sale$10,999,999+567.1%$1,429/sqft
    Source: Owner Report a problem
    10/16/2001Sold$1,649,000$214/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$59,273 $9,653,600
    2024$59,273 +0.4%$9,653,600 +273.1%
    2023$59,030 +72.5%$2,587,500
    2022$34,215 +4%$2,587,500 -58.6%
    2021$32,902 +3.1%$6,255,100
    2020$31,901 +4.5%$6,255,100
    2019$30,525 $6,255,100
    2018$30,525 +27.3%$6,255,100 +43.5%
    2017$23,971 +1.7%$4,358,300
    2016$23,578 +1.1%$4,358,300
    2015$23,317 +1.7%$4,358,300
    2014$22,925 +3.3%$4,358,300
    2013$22,184 +1.8%$4,358,300
    2012$21,792 +11.8%$4,358,300
    2011$19,489 +4.1%$4,358,300 -8.5%
    2010$18,727 +6.8%$4,765,000
    2009$17,535 +5.1%$4,765,000
    2008$16,678 +80.3%$4,765,000
    2007$9,248 +13.9%$4,765,000 +164.1%
    2004$8,119 $1,804,300 +31.5%
    2003-- $1,372,000
    2001-- $1,372,000
    Find assessor info on the county website

    Neighborhood: 08202

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: AVALON
    • Middle: AVALON
    • District: AVALON PUBLIC SCHOOLS

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $11,935,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $11,935,900