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Avalon, NJ Real Estate News

By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
  Avalon NJ Homes For Sale as of January 5, 2017 We’re sure you’ve noticed, the Real Estate market is HOT right now in both Avalon and Stone Harbor NJ! Luxury homes in Avalon and Stone Harbor are thriving with buyers gravitating toward properties in the $1 million and up price range. The Million dollar plus buyer continues to be a significant force here at the shore, with the $1 to $3 million tier of the market extremely active! Sales in the luxury market in Avalon and Stone Harbor NJ are thriving . If you are thinking of Selling , there has never been a better time, buy correct pricing is crucial in selling your home at proper price .It is important to understand you must price you property competitively from the very start and you will see immediate activity... and a contract! An Impr...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
MIGRATING SHOREBIRDS are visible in many locations throughout Cape May County at this time of year.  Mid-August through mid-September are peak times for spotting birds as they travel southward, with Cape May County’s geography acting as a  funnel for birds preparing to cross Delaware Bay, increasing the number of birds visible compared to other areas.  Stone Harbor Point is a great location for spotting birds, and so is Avalon’s north-end, where First Avenue and Avalon Avenue hit the seawall.  Grab your binoculars or camera and have a look!The perfect way to cool off on a hot August afternoon!SAILOR’S DELIGHT!  For those with sailing in their blood, August is a great month at the Shore!  The AJ Meerwald, New Jersey’s official tall ship, has been in Cape May for a couple of weeks, and wi...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
 AN OCEAN DRIVE PROJECT between 29th and 62nd Streets in Avalon is anticipated next spring.  The county project would bring that section of the roadway into compliance with the Americans with Disabilities Act with new sidewalks, and also elevate the roadway to help alleviate flooding and improve drainage.  Work is anticipated to begin in March 2017, breaking in June for the summer season, and then resuming in September.  http://marketminute.longandfoster.com/Market-Minute/NJ/Avalon-Stone-Harbor.pdfClick above for the latest report on the Avalon/Stone Harbor market! FROM 83 TO 69!  The ocean surf temperature reached a record 83.3 degrees last Wednesday in Atlantic City, with Cape May seeing 81.7 degrees.  By Friday the wind had shifted to a southwesterly direction, moving the warm water ...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
  LOU BACHMAN, long-time proprietor of Smuggler’s Cove in Stone Harbor, passed away last week, at the age of 88.  Generations of Stone Harbor fishermen and crabbers remember Lou fondly.  Whether you needed bait, a rod or reel repair, advice on how to catch fish, or just a cup of coffee on a rainy morning, a visit to Lou was in order.  Lou was a well-known icon throughout the community, having been a “local” since the early 1970s.  Several years ago Stone Harbor’s “North Basin” was officially renamed “Smuggler’s Cove” indicative of the influence Lou and his tackle shop have had on the town.  Visitation will be held from 10am to noon Saturday at Our Saviour Lutheran Church, at 93rd and Third Avenue in Stone Harbor, with a memorial service to follow.  After the memorial service friends wi...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
    ARTS & CRAFTS FESTIVAL:  The 54th Annual Stone Harbor Arts & Crafts Festival takes place this weekend, August 6th & 7th.  More than 200 artisans from a dozen states will display their work at the 80th Street Recreation Fields.  The show runs from 9am to 5pm on Saturday, and 9am to 4pm Sunday.  Complimentary shuttle service will run from a half-hour before the show until a half-hour after on each day to ease traffic and parking.  Designated pickup locations include 60th Street & Dune Drive, 81st Street & the bay, 94th Street & Second Avenue, 95th Street & Second Avenue, 96th Street & First Avenue, 98th Street & Second Avenue, and 123rd Street & Second Avenue.   A FEDERALLY FUNDED BEACH REPLENISHMENT project is out for bids, according to Avalon Business Administrator Scott Wahl, who ...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
   Thursday, July 21, 2016   MARKET STATS:  35 new purchase contracts were written during the month of June, up significantly over May, per the Cape May County MLS.  Long & Foster’s latest Market Minute report shows 30 transactions closed in June, just ahead of May’s figure of 28, but down just slightly from June 2015.  The number of available listings on the market is down 2% from last month, and down 8% from last year, to 312.  For the full Market Minute report click here:  http://marketminute.longandfoster.com/Market-Minute/NJ/Avalon-Stone-Harbor.pdf   Click above for the latest Long & Foster Market Minute report!      GLOBETROTTIN’ AT THE JERSEY SHORE:  The world famous Harlem Globetrotters will celebrate their 90th anniversary at the Wildwoods Convention Center for four games and f...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
  MARKET STATS:  87 properties are currently under contract in the local market, including 33 newly written contracts during the month of May.  The number of closed sales dropped slightly in May, as did the number of active listings.  For more details see the latest Long & Foster Market Minute report here: http://marketminute.longandfoster.com/Market-Minute/NJ/Avalon-Stone-Harbor.pdf     Click above for the latest Long & Foster Market Minute report. OCEAN WATER TEMPERATURES near 70 degrees were recorded this week off Cape May County.  That’s about average for this time of year, though daily temperatures can vary widely, especially if offshore winds blow warm surface water out to sea, allowing cooler subsurface water to replace it along the beach.  Traditional southerly sea breezes help ...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
              MEMORIAL DAY WEEKEND is upon us!  The Island is buzzing with activity as homeowners prepare for the season and visitors arrive to kick off the summer season.  Avalon & Stone Harbor will observe Memorial Day with parades and ceremonies on Monday.  See the event list below for details. THE AJ MEERWALD, New Jersey’s tall ship, is back in the water after wintertime repairs were completed at Yank Marine, including hull repairs and electrical system upgrades.  The Meerwald will cruise the waters of New Jersey and New York through the fall.  In August, the Meerwald will visit Cape May and Atlantic City for tours and public sails. SEASON BEACH TAGS are discounted through May 31st in Avalon & Stone Harbor.  If you’re here over Memorial Day Weekend, purchase your season tags for $22...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
  MARKET STATS:  The latest Long & Foster Market Minute report shows 31 properties sold during April, up from 24 in March.  The median sale price was $1,100,000, up 22% over March.  For the full Market Minute report, click here: http://marketminute.longandfoster.com/Market-Minute/NJ/Avalon-Stone-Harbor.pdf   THERE’S STILL TIME!  If you’d like to purchase your very own shore home and enjoy it for the rest of the summer, there’s still time to do just that!  Please call or email me to begin your search for the perfect vacation home today! For the latest L&F Market Minute report, click above.   SAVE A TRIP TO COMCAST IN RIO GRANDE by visiting their temporary customer service trailer in Avalon!  The trailer has arrived in the parking lot adjacent to Avalon Community Hall, and will be open a...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
 A pair of dump trucks move along Avalon’s beach on a rainy day, as Avalon’s sand “backpassing” project continues.   THE BOROUGH OF STONE HARBOR received the Cape May County Annual Conservation Award for its efforts in restoring the gardens in the Stone Harbor Bird Sanctuary, and those around the pump house at 114th Street & Third Avenue.  Native plants requiring little water were used, and they’ll help meet the needs of species living in and around the area.   SPRINGER’S HOME MADE ice cream is among the top twenty ice cream shops in the nation!  A USA Today poll will narrow down the list to the 10 Best.  Voting runs through May 23rd at 12 noon.  Click here to see the other candidates, then cast your vote for Springers!  http://www.10best.com/awards/travel/best-ice-cream-parlor/        ...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
Avalon New Jersey Real Estate Sales Update As Of December 14, 2015 Avalon NJ Homes For Sale as of December 14, 2015 Below is an overall look at sales statistics according to Cape May County Multiple Listing Service to sum up activity in Avalon N.J. as of June 6, 2015Curious about how the Avalon housing market has performed over last few months? Below are statistics showing sales since June,2015.Sales in the luxury market in Avalon and Stone Harbor NJ are thriving . If you are thinking of Selling , there has never been a better time, but correct pricing is crucial in selling your home at a proper price . An Improperly properly priced home will languish on the market month after month and will only help sell competing properties. Avalon Homes For Sale in Avalon, N.J. as of December 14, 20...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
    Avalon NJ Homes For Sale as of June 6, 2015 Below is an overall look at sales statistics according to Cape May County Multiple Listing Service to sum up activity in Avalon N.J. as of June 6, 2015 Sales in the luxury market in Avalon and Stone Harbor NJ are thriving . If you are thinking of Selling , there has never been a better time, but correct pricing is crucial in selling your home at a proper price . An Improperly properly priced home will languish on the market month after month and will only help sell competing properties. Avalon Homes For Sale in Avalon, N.J. as of June 6,2015 There are now 107 single family homes that are currently on the market in Avalon N.J., so if you’re on the hunt for a beach house, there has never been a better time to buy! Average list price: $2,671...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
  Avalon New Jersey Real Estate Sales Update As of April 25, 2015 Avalon NJ Homes For Sale as of April 25, 2015 Below is an overall look at sales statistics according to Cape May County Multiple Listing Service to sum up activity in Avalon N.J. since March 8, 2015 Sales in the luxury market in Avalon and Stone Harbor NJ are thriving . If you are thinking of Selling , there has never been a better time, but correct pricing is crucial in selling your home at a proper price . An Improperly properly priced home will languish on the market month after month and will only help sell competing properties. Avalon Homes For Sale in Avalon, N.J. as of April 25,2015 There are now 115 single family homes that are currently on the market in Avalon N.J., so if you’re on the hunt for a beach house, the...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
      Avalon New Jersey Real Estate Sales Update As of January 21, 2015 Avalon NJ Homes For Sale as of  January 21, 2015 Below is an overall look at sales statistics to sum up activity in Avalon N.J. since October 7, 2014 Sales in the luxury market in Avalon and Stone Harbor NJ are thriving . If you are thinking of Selling , there has never been a better time, but correct pricing is crucial in selling your home at proper price . An Improperly properly priced home will languish on the market month after month and will only help sell competing properties. Avalon Homes For Sale in Avalon, N.J. as of January 21, 2015 There are now 121  single family homes that are currently on the market in Avalon N.J., so if you’re on the hunt for a beach house, there has never been a better time to buy! A...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
      Avalon N.J. Real Estate Sale Update As Of October 7, 2014Avalon NJ Homes For Sale as of October 7, 2014We’re sure you’ve noticed, the Real Estate market is HOT right now in Avalon NJ!Luxury homes in Avalon and Stone Harbor are thriving with buyers gravitating toward properties in the $1 million and up price range.The Million dollar plus buyer continues to be a significant force here at the shore, with the $1 to $3 million tier of the market extremely active! Sales in the luxury market in Avalon and Stone Harbor NJ are thriving . If you are thinking of Selling , there has never been a better time, buy correct pricing is crucial in selling your home at proper price .An Improperly properly priced home will languish on the market month after month and will only help sell competing pro...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
    Avalon NJ Homes For Sale as of June 15 ,2014  We’re sure you’ve noticed, the Real Estate market is HOT right now in Avalon NJ! Luxury homes in Avalon and Stone Harbor are thriving with buyers gravitating toward properties in the $1 million and up price range. The Million dollar plus buyer continues to be a significant force here at the shore, with the $1 to $3 million tier of the market extremely active! Sales in the luxury market in Avalon and Stone Harbor NJ are thriving . If you are thinking of Selling , there has never been a better time ! Avalon Homes For Sale in Avalon, N.J. as of June 15, 2014 There are now 161 single family homes that are currently on the market in Avalon N.J., so if you’re on the hunt for a beach house , check these out. Average list price: $2,456,891 Avera...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
  Avalon Homes For Sale in Avalon, N.J. as of April 30, 2014   Avalon N.J. Real Estate Sale Update As Of April 30, 2014 Contracts to purchase previously owned U.S. homes climbed in March by the largest percentage in almost three years, according to a report released today from the National Association of Realtors. The Pending Home Sales Index, a forward-looking indicator based on contract signings, rose 3.4 percent, the most since May of 2011. “Sales activity is expected to steadily pick up as more inventory reaches the market, and from ongoing job creation in the economy,” according to Lawrence Yun, NAR chief economist.  More good news . Avalon and Stone Harbor NJ has seen a strong close to 2013, and we see a rising interest in the affluent segment of the housing market for 2014. As we...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
A Vacation Home In Avalon or Stone Harbor NJ. Things To Consider.     So.... you have Finally made the decision to invest in a vacation home, ( hopefully in Avalon or Stone Harbor NJ!) A Vacation home at the Jersey shore is a great investment and very exciting for your entire family. you should keep in mind when you’re thinking about investing in a second home. What Is Your Comfortable Price Range? Get in touch with a reputable mortgage representative before you begin to look at properties.Give him your financial information , and find out exactly what you can realistically afford, and what you are qualified to buy.Remember you have to consider additional monthly costs in addition to your mortgage payment. Property taxes, homeowner's insurance, HOA fees, preventative maintenance, furni...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
Lots of Fun Things To Do on Vacation in Avalon and Stone Harbor NJ. (All within a 15 to 40 minute drive.)   Avalon and Stone Harbor   Headed down to the beach at Avalon or Stone Harbor this summer? Fun Things To Do.   1-Walk our beautiful beach and work on your tan. Build a sand castle. 2-Kayak through the back bay. 3-Bicycling on our bike path. ( can rent bikes at Harbor Bike Shop) 4-Bird Watching. Visit the Bird Sanctuary 5-Stop at Springers Ice Cream for a cone or a Sundae! 6-Visit Our Shops Downtown 7-Swim in the Ocean 8-Surfing 9-Fishing 10-Clamming 11-Crabbing 12-Skating 13-Movie Theater 14-Miniature golf 15-Jogging 16-Tennis 17-Classes at New Stone Harbor Recreation Center 18-Visit Avalon Public Library. Classes for computers, yoga etc. 19-Family Night 20-Lots of Fine Restaurants...
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By Nancy Alexander, REALTOR®Emeritus- Stone Harbor & Avalon NJ
(Long & Foster Real Estate Inc.)
    Avalon Homes For Sale in Avalon, N.J. as of March 11, 2014There are now 160 single family homes for sale in Avalon as of March 11, 2014. Average list price: $ 2,470,481 Average days on Market: 287 days There are now 21 Single Family Avalon Homes Now Under Contract with average list price of $1,762,047 Average list price: $1,762,047 Average Days On Market = 275 Nine Single Family Homes have SOLD in Avalon since January 20, 2013 Average list price: $1,351,855Average SOLD Price: $1,271,764 Average Days On Market = 335 days 112 SOLD Year To Date IN Avalon In Last Year -112 Single Family Homes SOLD in Avalon since March 11, 2013Average List price was $1,687,463Average SOLD price was $1,557,679Average days on market = 235 days Avalon Condo/Townhouse Now For Sale As Of March 11, 2014 There...
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