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Three-Unit Coastal Triplex
For Sale
$2,895,000
Pending

3149 First Avenue, Avalon, NJ 08202

Avalon, NJ

Property SizeContact for details
Lot Size0.13 Acres
Days on Market292

Property Features for 3149 First Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Standard status Pending
Lot size 0.13 Acres

Building Details

Year built 1950
Listing Agency: Avalon
Listed By: Randy Leiser
Added: Nov 11, 2025 Changed: Aug 23 Last Checked: Aug 30 at 9:06PM
MLS# 253331

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex, built in 1950, includes three distinct residences: a first-floor three-bedroom, one-and-a-half-bath unit, an upstairs one-bedroom, one-bath unit, and a detached rear cottage with one bedroom and one bath. The configuration allows the property to be occupied as a vacation residence, operated as a rental property, or used through a combination of both approaches.

The property occupies a 50-by-110-foot lot at 3149 First Avenue in Avalon, New Jersey. The 32nd Street beach is within walking distance, with another beach path near 33rd Street. Avalon’s business district is also a block west, placing shops and restaurants within walking distance of the property.

Key Highlights

  • Three‑unit layout with two main‑house residences and a detached rear cottage
  • First‑floor unit offers 3 bedrooms and 1.5 baths
  • Upstairs residence includes 1 bedroom and 1 bath

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Hair Salon Furniture & Home Goods Garden Center Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

477
Businesses Nearby

Demographics for 08202, NJ

1,350
Population
5,668
Households
0.2
Avg Household Size
64
Median Age
68%
College-Educated
98%
High-School Grad
6.9 sq mi
ZIP Area
196
Density / Sq Mi
$142,500
Median Household Income
$77,404
Median Earnings
$1,615
Median Rent
$1,566,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three residences combine owner-use flexibility with multiple rental configurations near beaches and the Avalon business district.
Where is this triplex located?
The property is located at 3149 First Avenue Avalon, NJ.
What is the asking price?
The asking price for this property is $2,895,000.
What are key features of this property?
This property features: Three‑unit layout with two main‑house residences and a detached rear cottage; First‑floor unit offers 3 bedrooms and 1.5 baths; Upstairs residence includes 1 bedroom and 1 bath
More about this property
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