Back 5/3009 Dune Drive
Off Market

5/3009 Dune Drive

Avalon NJ 08202

3
2
1666 sq. ft.
Condo
Last sold for $999,000
Daniel BowersockDaniel Bowersock, last sold this property on 28 November 2025 after 425 days on market.

Overview

TRULY A RARE FIND! This beautifully renovated two-story townhome is being sold as a package WITH the commercial unit below it! You can break down the price as you wish – an even split would mean that you’re only paying about $650,000 each for a commercial unit AND a townhome, which is a fantastic price!! The townhome alone is an incredible value, AND you get an income producing commercial unit with the purchase! The property offers an ideal “Park-n-Walk” location in the heart of Avalon, and there’s only two streets to cross on the way to amazing beaches! The spacious townhome features nearly 1,700 square feet of living area with 3 bedrooms, 2 bathrooms and two private decks! The Commercial unit also features a renovated interior, which is close to 1,000 square feet and includes front & rear entrances and a Powder Room. The Commercial unit is perfect for a business office or retail. No cooking is permitted on the premises. The property offers a large parking area in the rear, which will soon be repaved with a new fence installed. The income potential from this property is substantial, and having two units gives you ultimate flexibility. There are many options here! Projected rental income from the Commercial unit is $26,000/year and the townhome rented for $44,000 during the 2024 season. If your primary focus is personal enjoyment, then you can spend more time enjoying your property here on the 7 Mile Island, and less time renting, all the while letting the Commercial unit’s rent pay about two years worth of your Annual RE Tax & Condo Dues! Another way to view this is that the Commercial unit’s rental income offsets the payments on about $370,000 of your mortgage! If you’re purchasing using 75% financing, that’s about one-third of your loan amount paid for by the Commercial Unit’s rental income! FOR THE INVESTMENT MINDED, the projected $70,000 (+/-) in rent offsets the majority of your mortgage payment! Townhome is owner occupied, EZ to show.

Features

3 bedrooms
2 bathrooms
1666 sq. ft. floor area
Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Avalon over the last 12 months, the estimated median property value of 5/3009 Dune Drive is $1.28m.

Median value
$1.28m
Estimated value range
$918k - $2.39m
Median days on market
99
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Avalon. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5/3009 Dune Drive

2025
Sold
$999,000
28 Nov 2025 by Daniel Bowersock, of FERGUSON-DECHERT, INC

Happy sellers in Avalon

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We have insufficient information to provide an overview of customer satisfaction for Avalon. Viewing the agent profiles, reviews and sales for Avalon can provide insights for this location.

Local market activity for 3 bedroom condos in Avalon

In the last 12 months, 17 three-bedroom condos similar to 5/3009 Dune Drive, have been sold.

This represents a 6% increase in three-bedroom condos sales when compared to the previous 12 months.

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