#250823, John A. (Jack) Binder, Listing office: FERGUSON-DECHERT, INC
Property details
About 3009 Dune Dr Unit 5
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.
Highlights
(ACTIVE)
Summary
- Full Bathrooms: 2
- Appliances: Dishwasher, Dryer, Refrigerator, Microwave, Oven, Washer, Electric Water Heater
- Total Bedroom Count: 3
- Exterior: Deck
- Heating: Electric
- Cooling: Ceiling Fan(s)
- List Price: $1,299,000
- Price/SqFt: $779
- HOA Amount: $8600 Annually
- Year Built: 1986
- Living Area: 1,666 SqFt
- MLS Number: 252014
- MLS Name: CapeMayCounty
- Office Name: FERGUSON-DECHERT, INC
- Office Phone: (609) 967-4200
- Listing Agent: Daniel Bowersock
The data relating to real estate for sale on this web page appears in part through the Cape May County MLS program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which we participate, and is provided by Cape May County MLS through a licensing agreement. Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to change, withdrawal, or prior sale.
Copyright © 2025 Cape May County Multiple Listing Service. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/10/2025, 1:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
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Nearby schools
3
Stone Harbor Elementary School
Public District KG-4
3.3 mi
•275 93rd St
4
Middle Township Elementary #2
Public District 3-5
5.9 mi
•101 W Pacific Ave
1
Glenwood Avenue Elementary School
Public District PK-5
8.5 mi
•Glenwood & New York Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $83,333. Most Avalon, NJ residents have annual incomes between $35k-100k. The majority of families are married, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 3009 Dune Dr Unit 5
The listing price of 3009 Dune Dr Unit 5 property is $1,299,000.
The property 3009 Dune Dr Unit 5 is a condo located in Avalon, New Jersey, 08202.
Active Listing: 3009 Dune Dr Unit 5 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 3009 Dune Dr Unit 5 are: Stone Harbor Elementary School (GreatSchools Rating 3/10), Middle Township Elementary #2 (GreatSchools Rating 4/10), Glenwood Avenue Elementary School (GreatSchools Rating 1/10), Avalon Elementary School (GreatSchools Rating 6/10), Middle Township Middle School (GreatSchools Rating 3/10), Margaret Mace School (GreatSchools Rating 3/10), Cape May County Technical High School (GreatSchools Rating 4/10), Middle Township High School (GreatSchools Rating 3/10), Wildwood High School (GreatSchools Rating 2/10).
The property at 3009 Dune Dr Unit 5 has 3 bedrooms and 2 bathrooms.
The property 3009 Dune Dr Unit 5 is 1,666 SqFt (source: MLS/tax record).
The year of construction for 3009 Dune Dr Unit 5 is 1986.
This home is located at 3009 Dune Dr Unit 5 in Avalon, NJ and zip code 08202. This 1,666 square foot home was built in 1986. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since July 9, 2025 and is currently priced at $1,299,000.