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Sold for $7,250,000
  • $7,250,000

    5878 Ocean Dr, Avalon, NJ 08202

    6beds
    6,428sqft
    Single Family Residence
    Built in 2002
    0.27 Acres Lot
    $9,200,200 Zestimate®
    $1,128/sqft
    $5,642 Estimated rent

    Home value

    $9,200,200

    $8.10M - $10.49M

    $5,642/mo

    Zestimate® history
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    What's special

    This unique and expansive bay front home in the south end of Avalon, with unobstructed sunset and bay views, and only one block to an incredible beach, sits in its own class altogether. The estate is designed on an oversized 75Ft by 154Ft+ parcel. Featuring 6 bedrooms, 7 full bathrooms and 2 powder rooms with 6,380Sq Ft of conditioned living space, and one of the island’s largest pools, measuring 20Ft x 40Ft long. Perhaps one of the most unique amenities to this estate is the detached guest house with a TV room, bedroom, full bathroom and kitchenette. Alongside the expansive pool area sits a full bathroom and laundry area. The main house features 5 bedrooms, 5 full bathrooms and 2 powder rooms. The nautical architecture, featuring cable railing, stainless steel posts and beams can be found inside and out, with water views as the backdrop. The custom craftmanship cannot be overlooked in any detail of this home, starting with the extensive trim package, composed of American cherry, back stained and biscuit jointed from Rhoads & Rhoads. The doors are solid core, with American Cherry clad on all sides and a lacquer finish, making them completely soundproof, with ball bearing hinges for smooth maneuvering. Brazilian cherry wood floors run throughout, with Spanish marble in the entryway on the first floor. A hydronic floor heating system with 14 zones keeps this entire home, with all custom woodwork, bone dry with no separation between joints. The instant hot water system for the entire estate is also powered by a large boiler. The first-floor features 3 spacious bedrooms with ensuite bathrooms, a powder room and bay side family room with beverage drawers. Through a set of sliders, the first-floor deck spans the entire width of the home. A laundry room finishes off this floor. Ascending up the free-standing American cherry stair system to the second level, 180-degree water views North, South and West greet you from inside the home due to the substantial amount of custom glass and windows overlooking the bay. High vaulted ceilings throughout the kitchen, dining and family room area allow for an abundance of natural light. The chef’s kitchen features a substantial Sub-Zero appliance package of 4 beverage drawers, a large refrigerator, and wine refrigerator. 2 Viking ranges and 2 Miele dishwashers flank the center island. Custom Eucalyptus cabinetry finishes off the kitchen, which seamlessly flows right into the family room anchored by a ventless gas fed fireplace. Through a set of lift and slide doors, the spacious second-floor bayside deck is split between a covered area for dining and sunbathing with chaise lounges. Back inside, the fourth bedroom with ensuite bathroom and a powder room finish off the second floor. Upstairs, the primary suite has a wall of doors that can easily retract to allow for mesmerizing water views and an open-air concept. A large 80inch TV is custom mounted on a stainless steel swingarm which enables you to watch TV from your bed, then easily tuck it away when not in use, further enhancing water views. The master bathroom features two large vanities, a jetted tub, gorgeous, tiled shower, as well as the thoughtful placement of an outdoor shower. A large walk-in closet is conveniently tucked away off the bathroom. The third-floor deck is the perfect place to enjoy a morning coffee and book. Another unique feature of this property is the largest rooftop deck on the entire island, spanning over 1,000 Sq Ft. This allows for Ocean and Bay views for as far as the eye can see. A cabana with refrigerator and sink enables entertaining on this rooftop where everyone will be during the 4th of July fireworks. This deck is wired and plumbed for a hot tub with reinforced beams should the next owner want to place a hot tub here. The docking system is wired for 50amp service for larger boats to be powered.

    Zillow last checked:

    Listing updated:

    Listed by:

    Paul Sudell 609-374-1326,

    FERGUSON-DECHERT, INC

    Bought with:

    Dustin Laricks, 0018627

    COMPASS RE - Sic

    Source: CMCAOR,MLS#: 232051MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 9
    • Full bathrooms: 7
    • Partial bathrooms: 2
    Rooms
    • Room types: Living Room, Dining Room, Kitchen, Den/TV Room, Great Room
    Heating
    • Natural Gas, Zoned
    Cooling
    • Central Air, Zoned
    Appliances
    • Included: Range, Oven, Self Cleaning Oven, Microwave, Refrigerator, Washer, Dryer, Dishwasher, Disposal, Gas Cooktop, Wine Cooler, Gas Water Heater, Instant Hot Water
    Features
    • Cathedral Ceiling(s), Elevator, Walk-In Closet(s), Central Vacuum
    • Flooring: Wood, Marble, Tile
    • Basement: Crawl Space
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 6,428
    • Total interior livable area: 6,428 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage, Concrete, 4 car parking
    • Has garage: Yes
    • Has uncovered spaces: Yes
    Features
    • Levels: Three Or More
    • Stories: 3
    • Patio & porch: Patio, Deck
    • Exterior features: Dock, Outdoor Shower
    • Has private pool: Yes
    • Pool features: In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Bay Front, Waterfront
    Lot
    • Size: 0.27 Acres
    • Dimensions: 75 x 154 IRR
    Details
    • Additional structures: Storage
    • Parcel number: 0100058050000103

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Upside Down
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    Condition
    • New construction: No
    • Year built: 2002

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Location
    • Region: Avalon

    Financial & listing details

    • Price per square foot: $1,128/sqft
    • Tax assessed value: $4,738,300
    • Annual tax amount: $2,022
    • Date on market: 8/4/2023
    • Inclusions: Furniture, See Remarks

    Price history

    DateEventPrice
    5/20/2024Sold$7,250,000-9.4%$1,128/sqft
    Source: CMCAOR #232051 Report a problem
    4/10/2024Contingent$7,999,000$1,244/sqft
    Source: CMCAOR #232051 Report a problem
    8/4/2023Listed for sale$7,999,000+14.4%$1,244/sqft
    Source: CMCAOR #232051 Report a problem
    10/17/2022Listing removed--
    Source: CMCAOR #221288 Report a problem
    4/30/2022Listed for sale$6,995,000$1,088/sqft
    Source: CMCAOR #221288 Report a problem
    11/2/2021Listing removed--
    Source: CMCAOR #213588 Report a problem
    9/25/2021Listed for sale$6,995,000+16.7%$1,088/sqft
    Source: CMCAOR #213588 Report a problem
    10/31/2020Listing removed$5,995,000$933/sqft
    Source: A LEWIS PURDY REAL ESTATE INC #203227 Report a problem
    9/1/2020Price change$5,995,000-12.8%$933/sqft
    Source: A LEWIS PURDY REAL ESTATE INC #203227 Report a problem
    2/6/2018Listed for sale$6,875,000$1,070/sqft
    Source: A LEWIS PURDY REAL ESTATE INC #180243 Report a problem
    12/11/2017Listing removed$6,875,000$1,070/sqft
    Source: A LEWIS PURDY REAL ESTATE INC #178681 Report a problem
    10/6/2017Listed for sale$6,875,000$1,070/sqft
    Source: A LEWIS PURDY REAL ESTATE INC #178681 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$29,093 $4,738,300
    2024$29,093 +0.8%$4,738,300
    2023$28,856 +11.3%$4,738,300
    2022$25,919 +4%$4,738,300
    2021$24,923 +3.1%$4,738,300
    2020$24,165 +4.5%$4,738,300
    2019$23,123 $4,738,300
    2018$23,123 +1.9%$4,738,300 +14.8%
    2017$22,701 +1.7%$4,127,400
    2016$22,329 +1.1%$4,127,400
    2015$22,082 +4.3%$4,127,400
    2014$21,170 +3.3%$4,127,400 +2.6%
    2013$20,486 $4,024,700
    Find assessor info on the county website

    Neighborhood: 08202

    Nearby schools

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    Estimated market value
    $9,200,200
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    Estimated market value
    $9,200,200